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Dedicated Tax Plan Endorsed COURT HOUSE - The Cape May County Chamber of Commerce Board of directors has endorsed the resolution to dedicate 2.5 cents of the New Jersey gasoline tax to the transportation program. The program is a big part of New Jersey's recently approved four-year $3.3 billion transportation program to rebuild bridges and highways. The dedication of 2.5 cents of the existing 8 cents per gallon gas tax will provide about $88 million annually to guarantee revenue bonds. The Chamber's Directors urge all members and county residents to vote "Yes" on this referendum question. Roads, bridges and highways throughout the state are in great need of repair and rebuilding, said a chamber spokesman. The Chamber's transportation committee has urged the endorsement of the ballot question. Gets Honor On Retmftg-^

NORTH CAPE MAY *- Lt. Col. Arthur H. Wedra son of Otta W. Wedra Sr. of 505 Scott Ave., has been decorated upon retirement from the U.S. Air Force, culminating 22 years in the military. Wedra has been decorated with the third award of the Meritorious' Service Medal at Sunnyvale Air Force Station, Calif. The Meritorious Service Medal is awarded specifically for outstanding non-combat meritorious achievement or service to the United States. He was the deputy director of communications and electronics for the Air Force Satellite Control Facility. The colonel is a 1962 graduate of Gettysburg College, Pa.

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ELECTED — SL Raymond's Parish in Villas has elected these officers to head the parish1 organization. From left. Walter GabrieL treasurer; Robert Morriner, vice-president; Daniel McGee|>an, president, and Tina Morency, secretary.

Midlantic Reports Record Earnings

EDISON — Midlantic Banks Inc. have announced record third quarter consolidated net income of $17.3 million compared to $13.0 million for this period last year. Earnings per share, fully diluted, also rose to an alltime highjbf $1.06, up from the $.90 recorded in the same period in 1983, an increase of 17.8 percent. Midlantic announced that-4or the first three - quarters of 1984 consolidated net income was siEimicantly above the -—rfeults reported for the first nine months of 1983. \'of i nfnmn i Cfvl in

$47 million and earnings per share, fully diluted, were $2.95 vs. net income of $34.2 million and earnings per share of $2.52 during the same period in 1963. At Sept. 30, Midlantic 's total assets were $6,725 billion. Total loans were $4,090 billion, up from the $3,217 billion reported a year earlier. Total deposits also increased from $4,806 billion at Sept. 30, 1983 to $5,289 billion at Sept. so 1984. THESE 1984 figures reflect the acquisition of Greater Jersey Bancorp, on Aug. 12. 1983 and Union Trust Co. of Wildwood on June l, 1984, as well as two-for-one stock split May l 1984. In announcing these results, Robert Van Buren, chairman and chief executive officer of Midlantic Banks Inc. noted, "Our strong performance in the third quarter is attributable to consistently solid growth in our loan

portfolio accompanied by an increased net interest spread and our continuing efforts at controlling noninterest expense." Midlantic Banks Inc. is a financial services organization operating 186 offices in New Jersey , out-of-state offices in Florida, New York, North. Carolina hnd Pennsylvania1! and international offices in London. Hong Kong and the Cayman Islands. Midland's bank -related affiliates are engaged in factoring, leasing, mortgage banking, trust and international activities. g

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WE WANT YOU! TO PRE-REGISTER FOR THE 1984 MIDDLE TOWNSHIP HALLOWEEN PARADE NameL , A Ik Phone - — . ■ Costume Title: VfcK Age Grcxp (Check One): 7 & Under 12 To 15' 8 To A 16 & Over \ ' Group/Famay ■ \ 5JO & i