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FEBRUARY, 1969 Copied from an Original at the History Center Copied from an original at The History Center. www.TheHistoryCenterOnline.com 2013:023 FEBRUARY, 1969 Copied from an original at The History Center. www.TheHistoryCenterOnline.com 2013:023 rom the PRESIDENT'S DESK ... FELLOW EMPLOYEES: If you deal with people of integrity, you receive a dollar's worth of value for every dollar spent. Other things being equal, the pur­ chase is worth more to you than the money, otherwise you would not have made the transaction. On the other hand, as John Ruskin once stated: "It's unwise to pay too much-yet it's worse to pay too little. When you pay too much, you lose a little money-that is all. When you pay too little, you sometimes lose everything, because the thing you bought was incapable of doing the thing it was bought to do. "The common law of business balance prohibits paying a little and getting a lot. It can't be done. If you deal with the lowest bidder, it is well to add something for the risk you run. And if you do that, you will have enough to pay for something better." Likewise, when we sell our goods, we should be sure that we give a dollar's worth of value for every dollar received. If we trade our wares in good faith and leave the purchaser satisfied, we have gained a friend and a long time customer. The building and success of our business- or any business- re­ solves itself into the simple formula of making friends by giving them true value, whether it be in the form of goods or of services. Friends and customers are most important to our prosperity. When we work for someone, we sell our services. We prosper when we give good honest productive work, and our company prospers with us which helps make our jobs secure. R. L. POLAND Copied from an original at The History Center. www.TheHistoryCenterOnline.com 2013:023 Board of Directors of the Credit Union are, left to right: Boyce Ray Harris, Jack Chastain, Hubert Lankford and Austin Free­ Hendry, Wayne Chamblee, Paul Rhoden, Rod Pittman, Billy man. Not shown is Jim Clark. who was ill at the time. Credit Union Pqy! 5% DtvuiPJtd HE annual meeting of the LFM Hubert Lankford, Machine Shop ; and Aubrey Fuller, Trailer division; Bobby TF e d e ral Credit Union was held Jack Chas tain, Maintenance depart­ Tucker, Machine Shop; and Paul Clif­ January 11, in the District Courthouse, ment. Elected to two- year terms on the ton, son of W. B. Clifton, Foundry with Bob Poland, president of Lufkin Credit Committee were R. N. Smith, department. Foundry, as principle speaker. Some Foundry department; and Lee Burnett, Membership in the Credit Union 100 members and guests attended the Accounting department. stands at 1199, with 912 active mem­ meeting and heard President Rod Pitt­ Holdover directors with one year bers, a 10 percent increase over last man give a financial statement of the more to serve are Wayne Chamblee, year. credit union. Trailer division ; Aus tin Freeman , On January 15, 1969, the Board of Current assets of the organization security guard ; Rod Pittman, Foundry Directors of the credit union met and department; Paul Rhod e n , Machine total $222,393.11, with a tota l of re-elected offi cers for anothe r year. Shop; and Clovis Hendry, Assembly $192,971,59 in outstanding loans. Total They include Rod Pittman, president; shares on deposit as of December 31, and Shipping department. Jack Chastain, vice presi d ent ; and 1968, amount to $189,320.12, an in­ C. J . Wilson, Machine Shop, is a crease of about 30 percent over one holdover member of the Credit Com­ Austin Freeman, secretary-treasurer. year ago. mittee for one more year. Lee Burnett was named chairman of Election of directors was held with Door prizes fo r the meeting included the credit committee. the following being elected to two-year a portable television set, won by Bill The Board voted to pay a fi ve per­ terms : Jim Clark, Foundry depart­ Buschman, Foundry department ; and cent dividend for 1968, payable Jan­ ment ; Billy Ray Harris, P attern Shop ; three $25 savings certificates, won by uary 1, 1969. TREASURER Austin Freeman, left, presents a portable. tele­ RECIPIENTS of $25 certificates for shares in the Credit Union vision to the lucky door prize winner. W. J, Buschmann, are, left to right, Aubrey Fuller, Trailer division; Paul Clifton, Foundry department. son of W. B. Clifton, Foundry department; and Bobby Tucker, Machine Shop. 3 Copied from an original at The History Center. www.TheHistoryCenterOnline.com 2013:023 Shop Talk IMBE RLY DIANE J ONES didn't qualify as a tax exemption for K1968, but she does have t'he distinction of being the first baby born in Lufkin 111 1969. Little "Kim" arrived on Jan. 1 at 12 :25 a.m. weighing six pounds four ounces and measuring 19 inches long. She is the first child of Donna and BILL y RAY JO NES, Electrical depart­ ment, first shift. TAYLOR Martin, left, shakes hands with ARTHUR Fowler, left, receives his new Bill Pennington and acc e pts his gold watch from Ghent Smelley on behalf of When CURTIS " FIDDLER" STEPHENS watch. signifying 25 years service. the company, for 31 years service . retired after 26 years of employment in the Welding and Structural Shop, his co-workers presented him with a gift certificate. He was employed on November 25, Martin, Nunn, Fowler Retire 1942. We wish Fiddler a happy, healthy retirement. AYLOR Martin has a sensible at· Richard S. Nunn, concedes that a man who works on t'he ame machine titude toward retirement. When J . D. KEE has been at home recup­ T for 18 years is bound to feel senti­ asked how he planned to stay busy, he erating from an injury to his hand. He mental about le avin g th e job. He replied, "Stay busy? Why, anybody is employed in the Assembly and Ship­ worked on a shape burner for most of who works 25 years ought to 'have a ping department. little time just to be lazy for a change." his 21 years of employment. Taylor and his wife, Eddie Fay, live The Welding and Structural retiree We extend sympathy to SEAMON on their 21 acres north of Lufkin less plans to catch up on his hunting and RIGSBY, Fo u ndry d e partme nt, first than 300 yards from the birthplace of fi shing as well as to roam his 11 acres shift, upon the loss of hi s brother. Taylor and his seven brothers and of land in Leon County. sisters. His sister now occupies that And with four of his six grand· PETE THO MPS ON is back at work in home. children living in Lufkin, Richard now the Foundry department, first shift, One of his first home projects has has more time to enjoy them. after his 28-month recuperation period. been to help Mrs. Martin rearrange Richard's last day at work was Sept. He has been off with a serious leg in­ t'heir furniture. 31, 1968. jury. An avid squirrel hunter since boy· hood, he is planning to train a do g to Art'hur Fowler is looking forward to Two c'hild ren of LEROY GARNER, accompany him on outings. warmer weather so he can head for Pipe House, first shift, celebrated birth­ Taylor was hired by Lufkin Foundry Lake Rayburn with his fi shing gear. days on Jan. 4. Sharing honors that in 1943 as a helper on a shapecutter, During the colder months, he likes to day were Darrel, 8, and his sister, but soon he learned the welding pro­ hunt. He named this past season as the Diane, 7. cesses. For many years his brother, first time in many years that he did Arthur, was Taylor's welding partner. not get a deer. He retired from the W e 1ding and Arthur remembers being hired in Structural Shop on Sept. 31, 1968. 1937 to run the company's only gear cutting machine. He chuckles to think RICHARD S Nunn, left, and Bill Penning­ that he witnessed the installation of ton admire Richa rd's inscribed W a tch. each new machine, increasing the de­ partment to the present number of 29 gear machines. He spent his last day at work visit­ ing the fellows in the Machine Shop during the pre-Christmas festivities on Dec. 23. They presented him wit'h a gift certificate, which he used for new clothes. In appreciation of their combined 78 years of loyalty and productivity, the Company presented these three re­ tirees with gold wristwatches inscribed with their name and dates of employ­ JERRY WATSON shot this 5-point buck in ment and retirement. Polk County. Copied from an original at The History Center. www.TheHistoryCenterOnline.com 2013:023 HONORING retiree Henry Finley at the Dec. 23 Material Con­ William Ballow, Freddie Gibson, Andrew White, Ray Malnar, trol Warehouse party were, left to right, Red Parker, James Thomas Williams, James Weeks, and Roy Davis. Stuckey, Henry, Harvey Berry, Judge Hudson, John Laird, Sympathy is extended to FRANK RAG­ JoHNNY McADAMS was missed by his fellow Machine Shop employees when LA 'D, Trailer Engineering department, co-workers in the Foundry department, he retired. Pete retired in December MALCOLM BARCLAY, Electrical depart­ first shift, during his week stay in the after nearly 40 years of employment. ment, and JACK CHASTAIN, Mainte­ hospital. nance department, upon the death of Bobby Glenn Rice, Jr.
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