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Kokomo Tribune: Monday, July 11, 1994 - Page 1

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   Kokomo Tribune (Newspaper) - July 11, 1994, Kokomo, Indiana                                301 OKOMO July 1994 50 cents Taste test John 2791 Road 400 uses his years of farming experience and his tastebuds Sat urday to test the moisture content of the wheat in a 20acre field near his By biting a few ker nels of Lovelace can estimate the moisture in the and determine the best time to har vest the the wheat was at 19 per cent but dropped to 15 or 16 percent If the moisture dropped to 14 percent Lovelace planned to harvest who farms 700 to 800 acres with his son said 13 percent moisture is the ideal moisture level for the wheat Tribune photo by Brian Reynolds River city braces itself devastating flood uw has killed 28 people toward Georgias southwest corner threatening a fertilizer plant and forcing more than a third of the citys residents from their I never thought Bainbridge would look like said Shareen among dozens of residents who watched brown water bury a riverside park Sunday Ive seen this on but always somewhere Two bodies were discovered both in about 95 miles to the north a man whose tractortrailer was washed off aroad and a 3yearold boy who was in a car with hiS mother that was swept a The mptht ers body was found The flood also soaked at least acres of rich stunting peanut plants and leaving peaches to turn white with mold and rot on 1 Disaster aid centers opened today in Jonesboro and Macoh to help flood victims apply for government grants Scott Clement was one of 3QO who queued up as the Albany center opened at a 1 need find if I can reouild or said who lost his Ive had an annihilation of my entire and Im not sure what to River at Bainbridge swelled from 25 feet Friday to more than 35 feet and was expected to crest Wednesday at 45 That would be 20 feet above flood stage and nearly 5 feet higher than the record set in National Guardsmen worked Sunday night to shield a fertilizer plant housing 9 million toxic Korean summit on hold Leaders death also means meetings with off South Korea AP North Korea today indefinitely postponed an unprecedented summit with South Koreas presi dent because of the death of long time northern leader Kim II The North has also told the United States it is putting off fur ther highlevel meetings until after Kims state funeral Talks on the dispute over the Norths nuclear program had resumed the day Kim died at age 82 from reported heart trou In a terse onesentence the Norths hardline communist regime informed South Korea that the summit was off and made no mention of or even such a meeting might now take Kim had planned to meet with southern President Kim Youngsam on July Observers said the North Kore an moves were the latest signs that Kims son and designated Kim Jong has suc cessfully taken the reins of Many inside and outsideSouth Korea had feared the elder Kims death would trigger a chaotic power The Souths mili tary remained watchful but defense officials said there had been no unusual military Despite initial South Korean fears that Kims death was the result of a coup by South Korean Foreign Minister Han Sungjoo said there was no indication Kim had died from anything but natural In a sign that jitters were abat prices fell only moderately on the Korean Stock Exchange in Seoul the first trading day since Kims Inside Sports Kokomo s Post four weekend gam Also inside markets Classified ads sweeps Page A67 B48 B9 Dear Abby B6 Gott B7 Entertainment B3 Local news A2 News of record Opinion A4 Sports A89 R13 WITH Investors cleaning up Feds doling out windfalls from mess WASHINGTON AP The governments savings and loan cleanup agency routinely has sold real estate seized from failed insti tutions for far below market Buyers often turn around and quickly resell the same prop erties for huge a review of records The Resolution Trust Corpora tion says its mission is to sell all properties it inherited from the failed of the 1980s in a manner that maximizes return and minimizes But an Associated Press review of congressional agency documents and land records from Florida to California shows that RTC sales average at or less than 50 percent of the properties appraised The RTC blames the poor recov ery on two factors the agencys former strategy of selling property in discounted bulk packages and the which drove down real estate values in many Weve always said real estate will be the thing we take the biggest hit RTC spokesman Steve Katsanos Its the toughest But while the RTC says it has had trouble getting fair market those who bought proper ties from the agency often did the AP review of land deeds in several states Critics say the RTC was unwill ing to spend the time and effort needed to get top dollar for prop allowing real estate specu lators to profit at taxpayers Were talking about extraordi nary without a full explana tion of how or said John a member of the Senate Banking The consequences are the tax payer gets hit again subsi dizing someone elses Preparing for Clinton BERLIN Workers set up the podium in front of Berlins Brandenburg Gate earlier today where President Clinton will speak to the citizens of Berlin Clinton and his wife Hillary will visit the city for one AP photo 1 man held in others death By MIKE FLETCHER Tribune staff writer A 26yearold Kokomo man is being held without bond at the Howard County Criminal Justice Center in connection with the shooting death of Billy Rad abaugh Saturday night at an cash side apartment Scott 3201 Albright was arrested and charged with firstdegree a Class A according to a release by Howard County deputy Napoleon Howard County Prosecutor James Andrews said formal charges will be filed sometime this morning and a that a hearing could be held as early as Wednes He would not say if the state will seek the death Union was pronounced dead at Howard Community Hos according to County Coro ner Jeff An autopsy performed Sunday at Indiana University Medical Center revealed that Radabaugh died from a single gunshot wound to his Stout Howard County sheriff deputies were called to the Dee Cee Apart 2930 Albright Road Apartment 2 at on a complaint from the Emily that her boyfriend had injured the release Investigators found Radabaugh laying on the ground in the park ing lot with a gunshot wound to his Deputies learned the shooting took place in the parking According to Sheriff John and an unidenti fied were standing over Rad abaughs body when deputies Police also found a single shell from a 9mm handgun laying in the No motive has been the sheriff It was that there may have been a domestic disturbance inside Grumes residence before the Fund benefits symphony The Community Foundation of Howard County has set up a fund to benefit the Kokomo Sym phonic The symphonic society set aside a gift from its endowment to create the the community foundation announced last through The Community Foundation of Howard Countys involvement in an initiative with Lilly Endowment the sym phonic societys gift will result in in additional endowment for the according to a foundation news In establishing this we are making a commitment to the longterm success of the Kokomo Symphonic while helping the community at the same symphonic society board Presi dent Dale Tetrick said in the The symphony is an important component in the quali ty of life of this community and will continue to be in the By working with the community we have an opportu nity to ensure our continued suc while helping the communi ty build a permanent base of The Kokomo Symphonic Soci etys gift means the community foundation has now received gifts and commitments for permanent funds that total more than Through the Lilly Endowment Giving Indiana Funds for Tomorrow GIFT Ini the community foundation will receive in unrestricted endowment for every in endowment gifts received through the end of up to a total of   

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