By Nancy McLaughlin
GREENSBORO — The Rev. Sid Batts often dashes across Greene Street on Sunday mornings to the pulpit of Temple Emanuel, which Rabbi Fred Guttman offered for services during renovation of the sanctuary at First Presbyterian.
Batts, the neighboring Presbyterian church’s pastor, has since baptized babies and offered communion to the faithful there — the firsts of these Christian rituals to take place in this Jewish sanctuary.
“If, God forbid, something happened to our building while we were there … I know they would offer us space in a heartbeat,” Guttman said.
Batts brought up the relationship between the two congregations — which goes back 100 years — as he stood before the biennial national gathering of Presbyterians in Detroit late last month to speak against a proposal to stop buying stock in companies thought to be aiding the Israeli military in the settlements occupied by Palestinians.
The Presbyterian Church (U.S.A.) has wrestled with whether to divest for a decade. Other denominations are struggling with the same issue. It is a complicated issue, the delegates agreed
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GA does not speak for me. Cat, HP and Motorola are finer corporations (people) than PC(USA).
PEORIA, Ill. – The Board of Directors of Caterpillar Inc. (NYSE: CAT) voted today to increase the quarterly cash dividend by 17 percent to seventy cents ($0.70) per share of common stock, payable August 20, 2014, to stockholders of record at the close of business on July 21, 2014.
“This dividend increase demonstrates our financial strength and confidence in long-term prospects for the company. Despite business and economic uncertainties around the world, our balance sheet has remained strong – the strongest it’s been in more than two decades – positioning us to perform through the cycles. In addition, our global team has delivered solid operational and financial performance, enabling Caterpillar to return over $5.0 billion of capital to stockholders through stock buybacks and dividends since the beginning of 2013,” said Caterpillar Chairman and CEO Doug Oberhelman.
“We are proud of our long dividend history, in which Caterpillar has paid a cash dividend to our stockholders every year since the company was formed in 1925. We are equally proud that during this period, our equipment and services have helped build, grow and power the world,” Oberhelman added.
Caterpillar has paid higher dividends to its stockholders for 20 consecutive years, and since 1998, the company’s cash dividend has more than tripled.