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HOUSTON'S LADY MAYOR

By GLENNE CURRIE, United Press International

Kathy Whitmire, a 35-year-old widowed accountant, has been sworn in as the first woman chief executive of Houston, America's fifth largest city. A Democrat, she was elected in a November landslide mandating change in the way Houston is run.

She celebrated by joining 4,000 supporters who paid $10 each for what the Whitmire Campaign called the city's first full-fledged inaugural ball. 'Very few campaigns end up in the black. We did. We elected to spend the money this way as a way of thanking the people who made it possible,' said her campaign director, Clintine Cashion. 40 YEARS IN OFFICE

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Erastus Corning II, 72, the nation's senior city chief executive, has been sworn in for his 11th four-year term as mayor of Albany, N.Y. Corning was first sworn in Dec. 31, 1941, just three weeks after Pearl Harbor.

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