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Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Jun 15, 1977
Page
19
In Los Angeles a widow faces eviction after her $30,000 home sold for $173.70 due to unpaid streetlight assessments. The case tests the Improvement Act of 1911's sale provisions and 30 day notice requirements, with Legal Aid arguing the statute has caused mass losses to residents.
The article covers a belated attempt by an original owner to reclaim a property after a back street assessment sale. It notes proposed legal reforms, the long notice gaps, and the impact on Mrs. Moore who lost her home after a 173.76 sale and subsequent resale to Pauline Rust. Legal Aid seeks relief while officials debate clearer rules.
The Harvey Hubbell Board votes a four for three stock split with record date July 8 and pay date August 5. Dividends rise to 43.25 cents per share for Class A and B stock, annual rate $1.73, with preferred stock at 43.73 cents. Net income for Q1 1977 up 4 percent to $3.87 million on $51.24 million sales.
The USDA projected strong prospects for bumper harvests and growing world grain reserves for the coming year. It forecast total world grain output, excluding rice, at 1,087.2 million metric tons, only 1.6 percent below the 1976-77 record of 1,105 million tons.
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