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Austin Daily Herald in Austin, Minnesota

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Austin Daily Herald

Location

Austin, Minnesota, United States of America

Date

Jun 11, 1976

Page

8

Supreme Court ruling upholds fireproof tree mislabel suit

Minnesota Supreme Court awards Judelle Larson and Milbank Mutual Insurance Co damages after a Minneapolis fire blamed on a Christmas tree sold as fire retardant. The court found credible evidence of the special claim and reliance on the label. A second Rochester warehouse fire case was sent for a new trial due to proposed wiring evidence.

ST. Paul Proksch Larson Milbank Mutual Insurance Co Rochester Phillip Richard Halling Frito-Lay Company Ito Aliean Allen J. Smith General Accident Fire and Life Assurance Corp St. Paul Fire and Marine Insurance Co Olmsted District Court

Two Prisoners Escape From Stillwater Prison

Minneapolis area police hunted two escapees from Stillwater State Prison, Herbert J. Allen age 31 and Robert J. Lau age 32, who fled after a guard incident around 9 p.m. Thursday near Minneapolis. Authorities did not disclose escape details and were transporting them from Faribault.

Minneapolis Minneapolis and St. Paul Stillwater State Prison Herbert J. Allen Robert J. Lau Suth Minneapolis Stillwater Faribault Minn

Redlining regulation sparks conflict between social goals and lender safety

The new Home Mortgage Disclosure Act rules require lenders to publish loan data by census tract starting Sept. 30, raising a clash between pursuing social aims and protecting investors. Critics warn entries could invite penalties or coercion to invest in inner city areas, while supporters say disclosure curbs biased lending.

John Cunniff New York

Mortgage lending in inner city sparks debate over criteria

The article questions how loan funds affect inner city neighborhoods and whether lending decisions reflect broader criteria. It notes that residents lack statistical proof of bank mortgage investments and that public data could reveal patterns, potentially provoking collective action or policy shifts while asking what standard should guide lenders.

Also Mentioned on This Page

Austin (Minn Herald Suit Terry Tuttrup C.M.W Elam 'S J Jewelry Lotes Jes Rogers Office of Revenue Sharing Wash D.C the Government OF Clayton Township Mower County ADAMS Minnesota David Gilder Secretary of the Treasury David Gilderhus Wess Publ Transportation Usterine Texas Instruments Brach United
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