Storage warehouse construction and coconut farmers loans available at DBP

Media

Part of The Bicol Star

Title: Storage warehouse construction and coconut farmers loans available at DBP
Language: English
Year: 1967
Rights
Fulltext: \ < 1 HE BICOI STAR w December ,i', i’> partial review bi) Andres G. Dies Relax, Mr. Padilla, ReLx Senator Padilla, in his recent speech delivered at the Manila Bay Eiiakfast Club before its members, made himself very clear hi his denunciations against the armed goons, with PC officers support, that made iha last election the “bloodiest and the dirtiest”. To include PC officers in his charges for corrupting our elections is a veiv serious matter that lie should not condone. IL- should see to it that they arc tried before the military court of justice. If there are witnesses. To accuse is one thing. To prove is another. If Senator Padilla sees no way by which the political crimes committed can be prove.1 in any court, 1 personally believe that, for the peace of his conscience, it would be wiser for him to keep quiet about all that happened. If it is true that those who terrorized the elections by committing a hundred murders are goons, who are they? By wham were they hired? Who were the PC officers that he said supported the goons? Senator Padilla should know that it is not he alone who is eager to have them prosecuted and penalized' to the limit of the The moros are eager. The Igorots are. The Visayans, Bicolanos, Tagalogs are. The religious and sectarian organizations are. So he has practically all the peaceful citizens of our coun»rv behind him. With reference, however, to some killings and frauds bring committed in our country every election campaign, one fact rennins incontrovertible for guidance of Senator Padilla. And that is that those who commit them, either by their own free will or by inducement of others are fools. Or imbeciles. Or stupids. Or Mr. Padilla may have other descriptions for them. One hundred fools or more that emerge from the earth inhabited by 33 millions of free people on^v represent an infinitesimal portion. And can not be avoided by even' the enactment of the severest of laws. Mr. Padilla should understand that.: All Liberal critices should also understand the same. To blame President Marcos of the crimes committed by the fools is out. of order. Foul. Mean. Brutish. Unjust. President Marcos campaigned for the candidates of his party. He appealed to the electorate for support on the basis of the achievements of his administration. He did not encite anyone to kill another. No President can ever think to -be unlawful. Not even Mr. Padilla, if he becomes one. Not even Roxas. Not even Osmeiia. Not even Villareal. ' ■ Only the Octopus of Mindanao can. Only Mao Tse Tung can. Therefore, out of respect to the high position that he occupies, it is expedient that Mr. Padilla learns to temper his language agair.s President Marcos who is easily his Sire in all respects. In law. In imagination. In bravery. In love of country. In administrative wisdom. In personal behaviour. Also, perhaps, in other matters. While it is a privilege of a citizen in a democracy to criticize anyone in public service for any wrong done, the same privilege exacts the critic to exercise prudence and always the best of manners. Senators, and good manners are presumed to be synonym, eh, Mr. Padilla? Jan. 1-7 Declared Bo. Community Dev. Week Field workeis of the Presidential Arm on Community Development in the Centra! Lu'.on have been enjoined to help barrio people in the celebration of Commun ty Development Week on January 1 7, 1968, Malacahang was informed recently. Director Roscndo Marquez of the I CD Area made this appeal to all field workers in (he area upon receipt of Lhe presidential proclamation declaring the first of January as Community De.el lament Week. In the proclam i'i > 1, the PACD assigmu lhe job of all activiii s a J program in the ubseivance of the week. Director Marquez also added that all pi ovine al governors, city and inuaicipul mayors and l> irr o captains are enjoined by President Marcos to give fit ing observance of this we?k in order to foster among lhe people the spirit of community development thru self - help, and thus e icourage them to become active participants in lhe development of Um country. President Marcos, it was ldjried, male th?, proclama ion in recognitio 1 cf lhe value and significance of community development in improving the lives of barrio people. Rizal Day Cnmnittee on Lecture Created Airstrip Alongside Friendship Highway ‘ Seven airstrips alongside the projected Friendship Highway in different regions of the country have been programmed for construction. They will be located in the vicinity of Claveria (Cagayan), Abuyog (Leyte), Himayan (Leyte), San Francisco (Laguna), Cuevas, (Agusan), Balabag (Davao) and Licum (Zamboanga del Sur). The plan to construct these airstrips simultaneously with the Friendship Highway was approved by President Marcos last Nov. 29. Aside from serving as emergency landing fields, the airstrips will also serve as driers for palay, places for public meetings and athletic meets, and as stations for motorists and buses. CARRIER CHRISTENING—“J christen thee John F. Kennedy,” says Caroline Kennedy, <Ku liter of lhe late U.S. President, as she breaks lhe traditional bottle of champagne on lhe hull of the new aircraft carrier. Watching lhe ceremonies at Newport News in Virginia are President Johnson, John Kennedy and Mrs. Kennedy. In an earlier address to the crowd of 15,000 in attendance, Mr. Johnson expressed the hope that “the carrier’s years wi 1 be years of peace.” Dr ’ Jose Riz I KENNEDY AFLOAT—Tugs push the aircraft carri r John F. Kennedy into the James River at Newport News in Virginia following christening ceremonies. rhe 61,450-ton vessel will undergo further outfitting. It measures 315 meters in length and is the largest nonnuclear carrier ever built. When completed in 1968, it will carry a crew of about 5,00) men. Storiia-Warehouse Construct! n and Coconut Farmars Loans Available at DBP Malacanang announced the creation of the Lecture Committee which will coordinate . all lectures to . be given in connection with {he commemoration of Rizal Day on December 30. The committee is headed by Carmen Guerrero Nakpil, chairman of the .National Historical Commission. The members are Teodo.o F. Valencia, Jorge Revilla of the Knights of Riza'; Galo Ocampo, director of the National Museum; and under-secretary of Public Works Felix Codilia. The series of lectures will enThe Friendship Highway, whose construction has been scheduled will connect by one single road Luzon, the Visayas and Mindanao. It will start in Laoag Citv and end in Zamboanga City. compass the tr'fl of Rizal. Senator Jose W. Diokno and Fr. Horacio de la Ci sta, rector of Ateneo de Manila University, head the list of lecti rers. The lectures will be given at., the Open Air Theater in Fort ‘Santiago, at 4,:30. p.m. on December 30. Lectures' will also be given in Calamba, Laguna, birthplace of Rizpl; and,’in Dapitan, where ha was exiled. -The national hero was imprisoned at Fort Santiago, where he wrote his famous poem “My Last. Fa-e veil.” It was deaided by the National Rizal Day Committee in its meeting last December 12 in Malacanang "to do away with speeches. Instead the observance of Rizal Day will deal mostly with the practical aspects of the hero’s last days. Mrs. Nakpil said formal invitations to the lectures will be issued to members of the Cabinet, members of Congress, justices of the Supreme Court, historians, scholars, and students leaders. Responding to the representations of people engaged in the rice and corn industry and anticipating the ‘warehousing needs of the country resulting from increased harvest of these staples, the DBP wishes to announce that it will finance 100% the construction of storage-warehouse or construction of an annex to an existing storage-warehouse or rice mill camarin following substantially the standard plan prepared by the DBP for the purpose. The-term of payment is 5 to 10 years in equal quarterly or semi-annual amortizations counting-from the date of last release at 7% • interest per annum. Release shall be made in installment as funds are needed and as construction progresses after perfection of necessary documents. Interest on partial releases are payable quarterly. Generally, this type of financing is available to rice producers traders and millers who are RICOB members although preference will be given to producers who undertake scientific farming practices such as seed (Continued on Page B) B ★ THE BICOL STAR * December 30f 19* 7 « LEGAL NOTICES € Republic of the Philippines COURT OF FIRST INSTANCE OF CAMARINES SUR 10th Judicial District OFFICE OF THE PROVINCIAL SHERIFF City of Naga D.M.G., INCORPORATED, Plaintiff, -versusCLARO VERDADERO, - Defendants. ALIAS EXECUTION CASE NO. 141551 City Court of Manila, Branch VI X..................................................... X Notice Of Public Auction Whereas, by virtue of the Alias Writ of Execution issued by the City Court of Manila, Branch VI, dated the 23rd day of November, 1967, by the Hon. Judge Amado G. Roan in ronnection with Case No. 141551 commanding the Provincial Sheriff of Camarines Sur or any of his lawful' ^deputies to make effective the sum of TWO HUN D R E D EIGHTY 33/100 PESOS (P280.33), Philippine currency, together with interest of twelve per cent (12%) per annum on P280.33 until the date of payment, and the sum of P52.00 for costs of suit, plus the sum of P50.00 as attorney’s fees together with the sheriff’s fees and expenses incident to this execution which D.M.G., INC., the plaintiff hereof, recovered in the City Court of Manila on the 21st day of December, 1965 against Claro Verdadero, the defendant hereof; Whereas, upon indication of the plaintiff, the Provincial Sheriff of Camarines Sur ex officio, through the undersigned Deputy Provincial Sheriff, on December 28, 1967, levied upon and attached all the rights, title, interest, dominion and participation that the defendant Claro Verdadero has or might have in and over the following real property with all the improvements thereon, to wit: “A parcel of riceland, unirrigated, located in barrio San Francisco, Municipality of San Fernando, Province of Camarines Sur,- having an area of 2.9184 hectares, more or less; declared under Tax No. 4281 and assessed at Pl,055 in the name of Claro Tena Verdadero. Bounded on the North, by Claro Tena Verdadero; on the East, by Claro Tena Verdadero; on the South, by Claro Tena Verdadero; and on the West, by Filomeno Saramo.” Note: This property is not registered under Act 496 nor under the Spanish Mortgage Law, hence, this instrument will be registered under Act 3344, as amended. Wherefore, by virtue of the alias writ of execution and under the provisions of Section 16, Rule 39 of the Rules of Court, the undersigned announces that on January 22, 1968, between the hours of 9:00 o’clock in the morning and 4:00 o’clock in the afternoon, he will sell at public auction at the office of the Protvincial Sheriff, located on the Second Floor at the Provincial Capitol of Camaiines Sur in Naga pity, to the highest bidder for cash and in Philippine currency, ill the rights, title, interest, dominion and participation that the lefendant has or might have in ind over the foregoing described troperty together with all the Inprovements thereon, in order 3 satisfy the amount of the exertion together with all the sheff’s fees and expenses incident jereto. LEGAL NOTICE Pursuant to Sec. 1, Rule 74 of the New Rules of Court, Notice is hereby given that the estate left by the Late Juanito Salao, who died intestate on Dec. 14, 1966, consisting of two parcels of land denominated as Lots “C”, & “D”, Psd- 47393, and covered by TCT. No. 2433 has been the subject of an Extrajudicial settlement by his Heirs, namely: Adelina Paular, the surviving widow, and the children, Efren, Rizal, Roya', Diisy, Mario & Myrna all surnamed Salao, who are still minors, but represented by their mother and as natural guardian, Adelina Paular, the deed was acknowledged before Not. Pub. Rosendo Barrameda per Reg. No. 1188; Page No. 41; Rook No. X>X1;S. of 1967 on Dec. 28, 1967, at Calabanga Cam. Sur. Pub. Dec. 30, 1967; Jan. 6, 13, 1967. NOTICE Pursuant to Section 1, Rule 74 of the Rules of Court, notice is hereby given that ILDEFONSO A. NAVAL, of legal age, Filipino, widower, resident of Magarao, Cam.’ Sur who alleged to be the only and exclusive legal heir of the late Spouses Agripina Avila who died on April 28, 1944 and Guillermo Villasenor who died sometime in 1904, intestate, executed an Affidavit of Adjudication at Libmanan, Cam. Sur on the 2nd day of December 1967 adjudicating unto himself all the intestate estate left by decedents which are located in the municipalities of Libmanan, Cabusao, Magarao. and Sipocot, -province of Cam. Sur; and in Daet, province of Camarines Norte. The Affidavit of Adjudication was subscribed and sworn to before Notary Public Jose G. Borromeo at Libmanan, C. S. on Deceber 2, 1967, per Doc. No. 144; Page 37! Book 10; S, 1967. Pub. Dec. 30, 1967; Jan. 6, 13, 1967. In accordance with law, this notice of auction sale will be published in the BICOL STAR, a weekly regional newspaper published and edited in the City of Naga, having a wide general circulation in the Bicoi provinces including the province of Camarines Sur, once a week for three consecutive weeks, the first publication to take place at least twenty (20) days before the date of the auction sale. Likewise, for the same period of time three copies of this notice will be posted on three different public and conspicuous places in the municipality of San Fernando, Camarines Sur where the foregoing described real property is located; another three copies of same will be posted in the City of Naga, (one at the Bulletin Board at the Provincial Capitol) where the auction sale will be conducted. Prospective bidders or buyers are hereby enjoined to investigate for themselves the title of the property and the encumbrances thereon, if there be any for their o\yn interest. Done in Naga City, this December 28, 1967. FOR THE PROVINCIAL SHERIFF EX OFFICIO: By An g e l l l . b o r ja Deputy Prov. Sheriff Pub. Dec. 30, 1967; Jan. 6, 13, 1968. Storage . . . selection, pest control, fertilization, etc\, and to traders and millers who are already in the rice and corn trade. Collaterals shall consist of a first mortgage on unencumbered real estate (site of warehouse) and insurable improvements thereon. Decuments needed for this type of loan are the following: 1. Certification that applicant is a bona-fide member of the RICOB; 2. Title, or other evidence of ownership to land; 3. Tax declaration, tax receipts and other government imposts for current and previous years; 4. Location Plan; 5. Audited Financial Statements; and 6. Estimated income and expense statement. Building constructed out of this loan are to be insured as may be required by the Bank. The warehouse must be bonded. Also, in order that farmers with existing coconut loans whose plantation were devastated by typhoon “Welming” could immediately rehabilitate their farms, the DBP is extending additional loans to farmers who were victims of typhoon “Welming”, subject to the following conditions: That the amount of additional loan shall be the difference bet ween the new Ioan value of the land as. reappraised and the balance of the account; 2. That the loan value shall not exceed 80% of the prospective appraised value of the land; 3. That the additional loan shall be used to rehabilitate the farm and promote auxiliary projects, such as poultry, piggery and planting of cash crops; 4. That the additional loan may be repaid beyond the unexpired teim of the principal loan, provided that it does not exceed 10 years; 5. That the rate of interest shall be the current rate on agricu't tral loans; and 6. That if the original loan is in arrears, a satisfactory arrangement shall ’be made for a new plan of payment prior to or simultaneous with the granting of the additional loan. LEG^L NOTICE Notice is being given that the estate left by the deceased Porferio Imperial has been extrajudicially partitioned by the heirs, namely, Magdalena E. Imperial, Alejandro Imperial, Jocelyn Imperial and Remedios Imperial affecting the pioperty located in San Isidro, Pamplona, Camarines Sur designated as Lot 1945, Pls-773-D under Tax Declaration No. 5649 and valued at Pl,420 with an area of 1,421 square meters more or less. The instrument was executed before Notary Public Felixberto Racadag, Jr., of Naga City and recorded as Doc. No. 5; Page 32; Book No. I; Series of 1967. Pub. December 30, 1967, January 6 and 13, 1968. NOTICE OF SETTLEMENT OF ESTATE An affidavit of Adjudication executed by Fiorentina Alivarvar as exclusive heir of the late Severino Alivarvar and Antonia Monte, covering a parcel of land situated in San Antonio, Milaor C. Sur containing an area of 8.0236 hectares, declared under Tax No. 3256 with a port'on thereof of 3. 5761 Has. thereof being hereby confirmed to have been sold to Ildefonso Tipones. Said affidavit bears Doc. No. 79; Page 99; Book No. Ill, Series of 1967 of the Notarial register of Notary Public Gavino Celso. Pub. Dec. 30, ‘67; Jan. 6, 13, ‘68. D3P Marks ♦ . always adhered to two basic po'icies in the distribution of its Io naLh funds. These are: 1. To spread lhe benefits of its liberal credit to as many borrowers as possible within lhe framework of the established priority for project; and 2< To sow the development throughout lhe entire country and thus try to minimize great inequalities in welfare and economic conditions among the different regions or provinces. The result of the first policy is at once apparent in the size of loans granted by lhe DBA L-ans of F5,003 and below constitute approximately 71% of the total number of outstanding accounts granted by the DBP. The objective sought to be attained by lhe first policy is essentially socialistic in nature. It is undeniable that one of the fundamental aspirations of our society is to raise the great mass of our people from poverty and elevate them to the standing of middle class. The second policy has given rise to the preoccupation of DBP of bringing its credit facilities to all the regions of lhe country. Service, therefore, has alw ys been emphasized as a key factor in lending operations of the DBP. Service in the sense means, from the viewpoint of the DBP, bringing itself closer to its clients to a point where it can perform its operations efficiently and where it can be approached by borrowers with a minimum of effort and expense. This concept foreshadowed the establishment of a network of blanches and agencies all over the country. l he first branches of lhe DBP were established along lhe idea of trying to keep a balanee between two factors - maximizing lhe branch’s capability to service as large a region and as many barrowers as is possible and optimizing lhe profitability of lheir operations. Oftentimes, the objectives of service and profit do not coincide. They may require different or even conflicting plans of action. However, the rationalization of both factors was considered necessary in order to prevent dissipation of funds in operating expenses and, corollarily, to build up (he resources of the DBP to keep it constantly in a position of strength to meet the everincreasing demand for development credit. The effort to harmonize the service and profit aspects led to the establishment of the Rail-Skates . distance of 10 kins, over a 70 kins, stretch from Sipocot to Tagkawayan. There is no highway linking them. The only means of transportation is either by sea on the turbulent Ragay Gulf, which opens on the China Sea or the Philippine National Railway. The latter, however, runs only one local train a day, which stops in all these towns and their barrios, a long slow and tedious trip of at least five hours! So, if a barrio resident takes the train on a certain day, he has to wait until the next day for the return trip. There used to be two local trams, but the other train was cancelled by the PNR management for some unknown reasons. The regular Bicoi Express night trains stop only in the poblacion of Tagkawayan, Ragay and Sipocot. The day Bicoi Express stops only in the poblacion of Tagkawayan, Del Gallego, Ragay, Lupi and Sipocot. The Mayon Limited and the Isarog. {Continued qn pagi (j, earliest branches of the DBP in geographical centers of trade and commerce. Cebu City* Iloilo City, Bacolod City in the Visayas; Davao City and Cagayan de Oro City in Mindanao; and Ilagan. Isabela, Cabanatuan City, Naga City and Dagupan City in Luzon, were among the earliest sites of DBP branches. The growth of economic activities and investment build-up of the DBP in other places were invariably followed by the establishment of DBP branches in such areas. Thus in Luzon, another branch was • opened in Legazpi; in the Visayas, branches were established in Roxas City and Tacloban City; and in Mindanao, five additional branches were opened - in Catabato City: Ozamiz City, Butuan City, Zamboanga City and General Santos, Cotabato. When Gregorio S. Licaros took over ,'as Chairman of the. DBP in 1966, he attempted a fresh approa :h to the problem of expanding the branch network of the DBP. The traditional method of waiting for an area to grow, until it was, in a position to fi-. nancially support the operations, of a hranch was too slow to suit: the tempo of his program of accelerated development. He adppted the attitude that the DBP should be an active initiator of development.. This new concept either coincided with, or was pressed by, the important participation of the DBP in the agricultural development program of President Marcos’ Administration. Under the national agricultural development program, the DBP, as the principal source of long-term loans in the country, is expected to make available its credit facilities to farmers in the rural areas. For the DBP, this meant the establishment of more branches or agencies even in areas where existing business conditions could not make operations of a normalsized branch profitable. As in the past, the dilemma of service versus profit came to a head. The issue was resolved by designing 'a new type of branchthe “compact” branch. The “compact” branch is similar to the regular branch in all respects except that it is leaner in personnel. It is therefore cheaper to maintain but is as effective as a regular branch in its lending operations. The effectiveness of the “compact” branch was tested in Calapan, Oriental Mindoro where it was first set up. As the operations of Calapan Branch showed favorable returns both in terms of service and profit, the Board of Governors gave the nod to open more “compact” branches. Seven (7) new branches of this type were approved early in 1967 ' in the fallowing places: Tuguegarao, ((<• itiriued on page 6)