Cornerstone Announces Dividend Payment

Friday, November 8, 2013

Cornerstone Bancshares, Inc., parent company of Chattanooga-based Cornerstone Community Bank, announced the payment of its next quarterly Preferred Stock dividend on Nov. 7, to all shareholders of record as of June 30. This marks the 11th consecutive quarterly dividend payment since the new Preferred security was issued. 


More Than $1.5 Million In Water And Wastewater Construction Loans Awarded

Tennessee Governor Bill Haslam and Tennessee Department of Environment and Conservation Commissioner Bob Martineau announced that one community and one Utility District have been approved to receive more than $1.5 million in low-interest loans for water and wastewater infrastructure improvements. “One of the ways we can continue to make our communities great places to live is ... (click for more)

TechTown To Host A Free Hour Of Code Event Saturday

The Hour of Code is a global movement reaching over 100 million students in over 180 countries. The Hour of Code started as a one-hour introduction to computer science, designed to demystify "code", to show that anybody can learn the basics, and to broaden participation in the field of computer science. It has since become a worldwide effort to celebrate computer science, starting ... (click for more)

Lawsuit Says Girl Received Severe Traumatic Brain Injury In Woodmore Bus Wreck

A new lawsuit in the tragic Woodmore Elementary School bus wreck said one girl on the bus suffered a severe traumatic brain injury. Attorneys Joseph Fried and Michael Goldberg of Fried Rogers Goldberg LLC filed a lawsuit in Hamilton County Circuit Court on behalf of the minor daughter of Shanquatta Byrd. The bus driver, Johnthony Walker, was transporting 37 students from ... (click for more)

Officer Who Was Shot Returned Fire; Is Recovering Well; Shooter Still On Loose

Chattanooga Police Chief Fred Fletcher said Monday morning that the officer who was shot three times on Thursday is recovering well.   Chief Fletcher said the officer was wearing a bullet-proof vest and one bullet hit the vest, which protected him during the shooting.  The officer was able to return fire, although Chief Fletcher would not comment on how many bullets ... (click for more)

Signal Mountain Couldn't Manage Public Education

I have been reading the buzz about Signal Mountain and other small municipalities considering a move to form their own school district within their municipal boundaries.  It is quite the comedy hour considering the notion that small cities that for decades could not even manage small sewer systems or 911 districts, are somehow going to do a better job with public education ... (click for more)

Roy Exum: School Board Can’t Wait

It took the Hamilton County School board nine months before the group hired a search firm to find a new superintendent. But you mark my words – the Department of Education will undoubtedly implode if our leaders wait another nine months simply hoping for some type of mystical salvation. In the last week Signal Mountain leaders have all but given notice they will form their own district ... (click for more)