Supreme Court narrows damages in stock misrepresentation case
Minnesota Supreme Court reverses a $15,000 award to Robert E. Kennedy in a suit against Flo-Tronics Inc. ruling that failure of stock to triple in value within a year, without misrepresentation, does not support damages. The court found Nelson did not claim undisclosed information and Kennedy was not simply unwary.
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Montivedeo to Get 210852 Grant for Urban Renewal
A $210 852 House and Urban Development grant will fund urban renewal in Montivedeo Minnesota a 5700 resident community in the southwest of the state The grant includes 196 432 for buying and demolishing six old buildings and 14420 to relocate residents The grant is augmented by 70340 in local funds The package was announced by Minnesota congressional sources with other federal awards noted for St Paul Rochester Mille Lacs and Tri-County programs
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City Hall Awards Contracts Amid Heat Reflecting Cold Plans
In Cincinnati officials approved four contracts worth state details. One contract buys 4 002 gallons of antifreeze and three firms win bids to purchase 2 040 tons of coal.
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Twin Cities TV Stations Get Ford Foundation Grant
KTCA and KTCI in Minneapolis receive an unrestricted Ford Foundation grant totaling $300,717, covering 75 percent of last year’s fund drive total. The two educational television stations note the grant supports their public programming efforts.
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