Full Text of SR0228 94th General Assembly
SR0228 94TH GENERAL ASSEMBLY
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| SENATE RESOLUTION
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| WHEREAS, The members of the Senate of the State of Illinois | 3 |
| learned with regret of the death of E. Lawrence "Larry" Young, | 4 |
| Jr., of Wheaton on Saturday, April 23, 2005; and
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| WHEREAS, Born in Oak Park, he moved to Glen Ellyn in 1931, | 6 |
| when his father started Young's Home Utilities, which sold | 7 |
| items ranging from boilers to records; after he graduated from | 8 |
| Glenbard West High School in 1946, he received a business | 9 |
| degree from Grinnell College in Iowa; he then enlisted in the | 10 |
| Air Force and served from 1951 to 1955 at Elmendorf Air Force | 11 |
| Base in Anchorage, Alaska; and
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| WHEREAS, When he returned, he joined the family business, | 13 |
| which was then known as Freeze-Rite Locker; the store also | 14 |
| provided butcher services and rented freezers; in 1966 the | 15 |
| store flooded and was reopened a year later as Young's | 16 |
| Appliances; in the late 1970s, his father left the business; | 17 |
| Mr. Young recently renovated the store to keep up with big | 18 |
| retailers; and
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| WHEREAS, Mr. Young was on the Glen Ellyn Village Board from | 20 |
| 1978 to 1981 and started the process that brought cable | 21 |
| television and Lake Michigan water to the village; as he | 22 |
| watched local banks being swallowed up by larger firms in the | 23 |
| 1980s, he developed a consortium of local investors to start | 24 |
| Center Bank in Glen Ellyn, which focused on the community | 25 |
| rather than the bottom line; and
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| WHEREAS, When Center Bank was bought by a larger bank, he | 27 |
| vowed to start again and, with most of the original investors, | 28 |
| formed Community Bank Wheaton/Glen Ellyn 10 years later with no | 29 |
| shareholder owning more than 5 percent; the goal was to bring | 30 |
| back relationship-oriented banking and involve the community; | 31 |
| Mr. Young saw the need for specialized service, and the bank |
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SR0228 |
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LRB094 12439 HSS 46829 r |
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| now has three branches, in Glen Ellyn, Wheaton, and Winfield; | 2 |
| and
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| WHEREAS, The passing of E. Lawrence "Larry" Young, Jr., has | 4 |
| been deeply felt by many, especially his wife, Virginia; his | 5 |
| daughters, Kathryn Krolopp, Laura Samuels, and Joyce Stewart; | 6 |
| his son, Doug; and his seven grandchildren; therefore, be it
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| RESOLVED, BY THE SENATE OF THE NINETY-FOURTH GENERAL | 8 |
| ASSEMBLY OF THE STATE OF ILLINOIS, that we mourn the passing of | 9 |
| E. Lawrence "Larry" Young, Jr., and we extend our deepest | 10 |
| sympathy to his family, friends, and all who knew and loved | 11 |
| him; and be it further
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| RESOLVED, That a suitable copy of this resolution be | 13 |
| presented to his family as an expression of our deepest | 14 |
| sympathy.
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