Nevada firm sues Keystone over unpaid loans
American First Federal Inc of Nevada filed a two count suit in Bluefield seeking 141,947.68 from Keystone for unpaid loans from First National Bank of Keystone. Loans totaled 45,000 on March 2 1998 and 123,460 on March 3 1998. Keystone officials Bryson and Cherry are named and Bryson resigned as town recorder on August 2 1999.
MENTIONED IN THIS ARTICLE
Bluefield
Keystone
American First Federal, Inc
Nevada Corp
First National Bank of Keystone
John J. Nesius
Charleston
Spilman Thomas & Battle, Pllc
Billie Cherry
Ellis Bryson, Jr
FNB Keystone
Bryson
Keystone Bank Collapse Anniversary Marks Unresolved Questions
A year after First National Bank of Keystone failed, the FDIC and OCC described a collapse tied to apparent fraud. The receiver ship began with a Washington release noting $515 million in loans improperly kept on books after securitization. The FDIC fund losses estimate between $750 and $850 million, ranking the failure among the top ten.
MENTIONED IN THIS ARTICLE
Eystone
First National Bank of Keystone
Federal Deposit Insurance Corporation
Office of the Comptroller of the Currency
Washington, D.C
FDIC
OCC
Ship Authority
Fdic Insurance Fund
Federal funds approve Richlands armory expansion
U S Representative Rick Boucher announced a 1.175 million federal appropriation for an Organizational Maintenance Shop at the Richlands National Guard Armory on the Southwest Virginia Community College campus in Wardell. President Clinton signed the appropriation into law and the OMS is slated for completion next year.
MENTIONED IN THIS ARTICLE
Wardell
Richlands National Guard
U.S
Rick Boucher
D-Va
Congress
Southwest Virginia Community College
Boucher
Clinton
OMS
National Guard
Second Street
Richlands
United Way of Virginias campaign kicks off in Bluefield
Campaign volunteers gathered at Bluefield College to launch the United Way drive for 29 agencies across the two Virginias. Leaders Club co chairs Charlie and Terri Cole led the kickoff as Ulysses Cundiff reported a 1999 total of 458000 against a 457000 goal with 46447 raised by Thursday morning. Sacre invoked dreams while Wilkinson praised the team and Craft noted early gifts from 24 agencies and a Leaders Club reception on Sept 6 at Fincastle Country Club.
MENTIONED IN THIS ARTICLE
Luefield
United Way of the Virginias
Bluefield College
Virginias
United Way
Charlie Cole
Cole
Terri
Leaders Club
Charlotte Sacre
Henry Kissinger
Sacre
Ulysses Cundiff
Cundiff
Frank Wilkinson
Wilkinson
Bill Craft
United Way of Virginias
Residents raise concerns on Mercer County schools plan
Mercer County residents voiced concerns at public meetings at Pike View and Princeton High Schools about funding up to 50 million dollars for future projects under the 10 year Comprehensive Facilities Plan. Superintendent Deborah Akers said consolidation would need public notices and hearings and that input is being gathered on recommendations from a 70 member planning group.
MENTIONED IN THIS ARTICLE
Princeton — Area
Pike View
Princeton High
Mercer County
Syster
State School Board Authority
Athens
Lynn White
Deborah Akers
Akers
Also Mentioned on This Page
Nevada
Americ First Federal
Bill Archer
The
Daily Telegraph
Tony Barber
Interstate 77
Mile Marker
J.A. Alexander
Princeton
East River Volunteer Fire Department
Princeton Community Hospital
ERVFD
Mile Marker 16
Georgia
Fed
Richlands Armory
B.K
Jonn Nes
Bluefield Jaycees
Bluefield State College
Bluefield K-Mart
Kelly Lusk
Graham Middle School
Reggie Hairston
America
By John Neilson
West Virginia
Innenee
Virginia
Casey Hashaug
Sun
Michael Austin
Wohlfaurt Haus
Giza
Ken Ludwig
Days Inn
Wytheville
Pennsylvania
Kraig Stetzer
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