Image provided by: University of Nebraska-Lincoln Libraries, Lincoln, NE
About The daily Nebraskan. ([Lincoln, Neb.) 1901-current | View Entire Issue (Nov. 11, 1986)
Tuesday, November 11, 1986 Special session called SESSION from Page 1 Under LB999, a farmer is allowed to keep a portion of his land in foreclo sure. Agricultural lenders have said they aren't making some loans because the measure needs to be modified to protect the legitimate interests of lending institutions. The measure would create a compu terized central filing system for liens on agricultural products. If a central filing system weren't used, the state would need to develop a complicated prenotification system, Kerrey said. If the state doesn't take action relat ing to clear title on commodities within its lien law, Kerrey said, Nebraska automatically would fall under provi sions of the 1985 federal farm bill which assumes that clear title exists when a crop is sold. The state must have USDA approval of the central fil ing system by Dec. 24. "We set up a double check system two years ago and thought we had taken care of double jeopardy as a problem, but now the federal law is forcing us to do this," Kerrey said. "We've been moving toward central fil ing now for two years." Under the alternative prenotifica tion system, Kerrey said, "the lender needs to send out a list of people that borrow and have liens (against them) to all potential buyers." . How would they do that? "You'd have to ask one of them," Kerrey said, "It's tough." Kerrey said the general problem with LB603 has to do with whether some areas of the measure are retro active. He will offer legislation "that will specify under what circumstances it is retroactice, so it is a gainer, in my judgment, for the borrower," he said. Kerrey said the "current dilemma" . Exists becaue "there is some appar ently vague language, at least as inter preted by the counsel for a couple of the insurance companies and some farm credit systems. . , .it is signifi cant that the Nebraska Bankers Asso ciation fully endorsed LB999, but that vague language has made them unwil ling to extend credit." For example, Kerrey said, the law allows a farmer to keep 160 acreas., "but if you're borrowing for 160 acres the law would apply to the 160 acres and the lender would have no security at all." Foundation gift from estate The NU Foundation has received a gift of $90,000 from the estate of the late DA. Murphy, a third-generation retailer who was active in Scottsbluff. Annual income from the D.A. Murphy Memorial Fund is to be designated for academic programs by the foundation's grants and awards committee. The gift represents the first installment of the D.A. Murphy Memorial Fund's appro priation to the foundation. Murphy was graduated from the Uni versity of Nebraska with a degree in business administration in 1929. He was affiliated with Kappa Sigma fra ternity and was a graduate of Scotts bluff High School. Murphy was president of LB. Murphy Company department stores until his death in 1985. He had worked in the famiy business for many years, becom ing president in 1952. L.B. Murphy Company stores, pre viously called New York Cash Company Stores, operated in Nebraska and Wyoming. The chain was an outgrowth of stores opened by David A. Murphy, DA Murphy's grandfather, in Missouri. Murphy, who was born in Idaho, was an avid outdoorsiaan and conservation ist. He held a lifelong interest in agri culture and was involved in numerous agricultural endeavors. The foundation is one of 10 charita ble organizations to which Murphy left money. The NU Foundation is a non profit corporation that supplements programs and buildings on the three NU campuses through gifts of individu als and groups. Daily Nebraskan Page 3 Teachers College StudentsAlumni Interviewing seminars will be conducted today from 7 to 8:30 p.m. in Henzlik Hall Auditorium A panel of hiring officials will discuss practices and procedures in their district and answer questions from the audience. The format is informal. Helpful tips and general information about interviewing will be presented. Special Projects Coordinator, which will involve working on fund drives, data gather ing and input on computers, design and implementation of a follow-up study of JA Alumni. For information on any of the above intern ships, contact the internship office, Rm. 121 Admin, Bldg. Management and Business Administration majors for Marketing Account Managers. For Dec. 2-3 Denver Paralegal all majors U.S. Air Force & ROTC Dottman, Akerlund, Eddy Accounting for Staff Accountant positions. Open sign-up for 2 schedules begins today. Teaching Opportunities In California The Keppel Union School District from Littlerock, Calif., will be interviewing new graduates and alumni for second semester openings. Elementary, special education, middle school, math and science teachers are elig ible for interviews. The representatives from the Keppel Union K-8 Elementary School District will meet with candidates in Omaha at the Regency Marriott Hotel on Nov. 24. To arrange for an interview, call Jennifer at (805) 944-2155. Internships in Human Services available to psychology, sociology, biology, human development and related majors for spring semester 1987. For best results, apply before Dec. 1. Applications are being accepted for the Presidential Management Intern Program from graduate students receiving degrees in the 1986-87 academic year. This is a highly selective program offering two-year posi tions with agencies of the federal govern ment in personnel, management, interna tional trade and policy analysis. Application deadline is Dec. 5. Organizations on campus Organizations on campus, Nov. 10-1 4 with interview openings. EDS Electronic Data Systems Math, Stats, Comp. Sci., Accounting, Finance, for Systems Engineering and Accounting & Finance Development Programs K-Mart Apparel Manager Trainees Peter Klewit & Sons CE's for Field Supervisor & Estimator Babcock & Wilcox - ME, EE & CE. Upjohn Pharmaceutical Biology, Chemistry, Nursing, Pre-Med., Pre-Pharmacy, Life Sciences for Pharmaceutical Sales Representative For Nov. 17-21 General Electric Accounting, Math, Finance and Economics for Finance Manager Kooima Manufacturing Co. IE's for Statistical Methods Analyst K-Mart Apparel A&S, Business Admin for Management Trainee Morton Buldings Construction Management Joann Fabrics Business, A&S, ED for Management Trainee Beecham Products A&S, Business Administration for Sales Trainees . Job Hunting Resources As opportunities for on-campus inter views begin to dwindle, be sure to utilize our other job-hunting resources such as the job listing boards and books, the Career Opportunities Bulletin, the CPC Annuals and other directories that are filled with names addresses of all types of organiza tions that are seeking employees. Have you ever been involved in Junior Achievement? Then. ... we want to see you! Junior Achievement is looking for a Quaker Oats Co. will add another inter viewing schedule for Wed. Nov. 1 9 if enough interest is shown through sign-up on the overflow sheet for their Tues. Nov. 18 inter view schedule. They are seeking Marketing, Drug Tests Thirty-eight percent of 51 Rocky Moun tain Region Recruiting Organizations require a pre-employment drug test. John Shingleton, placement director at Michigan State University, said "Employers believe there is evidence of a negative correlation between illicit drug use and job performance, especially with regard to judgement, interpersonal relationships, and utilization of skills. The purpose of drug screening is to eliminate job candidates whose illicit use of drugs might adversely affect the safety, productivity, and general level of health of an employer's work force. Although screening of job applicants for drug use is a relatively recent phenomenon, a fairly large number of employers currently use the procedure and the number is grow ing fast." Career Planning & Placement Center 230 Nebraska Union 472-3145 i 1 f jif , ' ' X I 5f I' ll C' , ,.f :iWSm- if.': I: J v W,V !:; I Mi llllfll FISHERMAN CABLE VESTS Value $48 D-DUTTOPJ PERLA TO TOPS Value $34 10 cotton ' Lf i ) STRIPED SHIRTS Value $33 o OlfERSiEED COTTOPJ-BL SWEATERS Values $42-49 f j EAST LINCOLN SOUTH LINCOLN r i 1 1 1 1 rrr rr m'li I COMPAQ j j I -J L I J V j ,, rrssnn I r i t i -Hi fashion i wn t J iU L ZjJe 05raiNZtf EUROPEAPJ knit skirts Values $29-33 Designer and Nsma Brand Fashions For Lsss! 6Sth & Q- Street 43th & Hwy 2 (Across from (Briarhurst Center) Showbiz Pizza) . j cDxifOOC! CO 3 Ci 00Q M00