Hershey News 1962-02-15

              HERSHEY, PENNSYLVANIA, FEBRUARY 15, 1962
GRAND PRIZE winner for the local poster contest held in con-junction
with the National Children's Dental Health Week was Kay
Mogle of Palmyra Elementary School. In the photo Kay displays
her prize winning effort. First place Milton Hershey School was
won by Dale Wolford (left); Kathleen Beers won first place at St.
Joan of Arc; and Mead Noss took first place honors at the Derry
•Township Elementary Schools. Judges for the contest were Mr.
Robert Nisley, Mr. Foster G. Ulrich and Mr. Roy Deets.
Winners Of Dental Health Contest
Announced By Dental Study Group
Winners of the poster contek
which was held in conjunction with
National Children's Dental Health
Week were announced recently by
Dr. Thomas Backenstose, a mem-ber
of the Dental Study Group
composed of dentists of this area,
and chairman of the contest.
Grand prize was awarded to
Miss Kay Mogle, a sixth grade
student at Palmyra Elementary
Schools, for her poster depicting
good things for "Healthy Teeth".
The grand prize was a $25 savings
bond.
Judges for the grand prize of the
Dental Health Contest were Mr
Robert Nisley, an art teacher of
Steelton - Highspire Schools; Mr.
Foster G. Ulrich, Lebanon County
Superintendent of Schools; and
Mr. Roy Deets, art supervisor of
the Lebanon Valley Offset Com-pany.
The local school awards
were judged by members of the
faculty.
Winners at the Derry Township
Elementary School were: first,
Mead Noss; second, Beth Abel;
and third, Madeline Borowski.
Judges were: William Batchelor,
art supervisor of the school; Miss
Venice Paponetti and Miss Bea-trice
D. Watkins.
St. Joan of Are winners included:
first, Kathleen Beers; second, Ron-ald
Reigle; and third, Albert Sa-letti.
The judge was Sister Rosella.
Milton Hershey School winners
were: first, Dale Wolford; second,
Kenneth Gibbs; and third, James
Beard. The judges were: Miss
Carol Deets, Mrs. Lester Abel, Dr.
Dave Snavely, Mrs. Marian Mark-ley
and Mrs. Marian Freed.
Hershey Chocolate
Corp. Has Proposed
Stock Shares Split
A proposal to split Hershey Choc-olate
Corporation common stock
five shares for one was approved
by the Board of Directors and an-nounced
by S. F. Hinkle, Chairman
of the Board and President of the
Corporation. Under the proposal the
number of authorized shares would
be increased to 15,000,000. The pro-posal
will be voted on by stockhold-ers
at the annual meeting to be
held March 26, 1962, the record date
for which meeting will be February
26, 1962. Upon approval by the stock-holders
it is planned that the stock
split will become effective March
27, 1962, and that the stock certifi-cates
for the additional new shares
will be mailed on or about April 17,
1962.
The Corporation has 2,411,167
shares of common stock outstanding.
Upon the proposal becoming effec-tive
these would be split into 12,055,-
835 shares.
Mr. Hinkle further announced the
declaration of a regular quarterly
dividend of 871/2 cents per share on
the present common stock payable
March 15, 1962, the previous regular
quarterly dividend being 75 cents
per share. The new dividend would
be equivalent to a regular quarterly
dividend of 171/2 cents per share on
the common stock after giving ef-fect
to the proposed split.
Estimated earnings (before audit)
for the year 1961 were reported as
being $8.21 per share, equivalent to
$1.64 a share after giving effect to
the proposed split. Last year (1961)
sales were approximately $177,000,-
000. Earnings on the present stock
in 1960 were $7.69 per share and
1960 sales were $170,250,905.
Fellowship Offered By Rotary Club
An opportunity to study abroad
is offered through the Rotary Fel-lowship
for International Under-standing,
with interested appli-cants
to contact the office of Dr.
Varnum Fenstermac_her, Dean of
Hershey Junior College.
The purpose of the program is
to provide an opportunity for a
young man or woman to live,
study, and travel in another coun-try
so that he or she may better
understand the way of life and
thinking of the people of the other
country.
Rotary Foundation Fellowships
EVALUATING COMMITTEE for Derry Township Schools were entertained at a dinner held recently at
the Derry Township Elementary School. Seated from left are Ray Evans, Vocational School Director;
L. Eugene Jacques, Superintendent of Derry Township Schools; E. Morris Ileisey, a member of the
board; J. Ilarvey Shue, chairman of the Evaluating Committee and Superintendent of Gloucester Pub-lic
Schools in Clayton, New Jersey; George Lange, Principal of M. S. Hershey High School; Henry A.
Groff, assistant chairman and Administrative Assistant of Susquehanna Township Schools; and Rufus
K. Eby, Principal of the M. S. Hershey Junior High School. An oral report of the evaluating committee
was given to the high school and school board and the oral report will be followed by a written report
from the Middle States School Evaluation Committee,
TOMMY LITZ, Hershey's recently crowned National Junior Men's
Figure Skating champion, talks with his capable instructor and
coach Felix Kaspar, Hershey Skating Professional, following his
championship triumph in Boston. The latter plainly beams his
pride in his prize pupil as he smilingly congratulates the new young
national champion.
Tommy Litz, the 16-year-old Her-shey
High School junior, is the new
U. S. National Junior Men's Figure
Skating champion as a result of
his spectacular comeback perform-ance
in the National Figure Skat-ing
Championships in Boston.
The talented Hershey youth ral-lied
to his title victory with a pow-erful
performance in the free skat-ing
competition after placing third
in the figure skating tests.
The Hershey High student, who
are awarded for the twofold pur-pose
of enabling students to be-come
ambassadors of good will
from their own countries and to
bring home their impressions and
interpretations.
An applicant must have reached
the twentieth, but not have passed
the twenty-ninth anniversary, of
his birth as of the first day of July
of the year in which study is to
commence.
Application can be made if a
bachelor's degree, or equivalent,
has been obtained or if the ap-plicant
is in the final term of
what corresponds to the junior
(third) year in a North American
university, providing the degree
will be received at the completion
of the next academic year.
Hershey News
Comm. Bldg.
Hershey, Pa.
only recently won the Eastern
Senior Men's title, is the son of Mr.
and Mrs. Floyd Litz Jr., of 113 E.
Derry Road, Hershey.
His title - winning performance
in Boston has also won him a berth
as an alternate on the 1962 United
States team which will compete
in the World Figure Skating Cham-pionships
in Prague, Czechoslova-kia,
in March. He was named to
the U. S. men's squad which will
also include Monty Hoyt, of Colora-do
Springs, Colorado, the 1962 Na-lonal
Senior Men's Figure Skating
hampion, and Scott Allen, the 12-
)ear-old New Yorker who finished
runner - up to Hoyt.
The three were named to the
U. S. team immediately following
the Boston competitions.
U. S. POSTAGE
HERSHEY, PA.
Permit No. 3