Judge Orders Rails To Pay Rock Island
In Chicago a federal judge ordered all railroads to immediately settle debts owed by the financially strained Rock Island Lines. Judge Frank McGarr acted after Rock Island vice-president John Mitros accused rivals of withholding payments to worsen the railroad’s liquidity crisis. Unpaid bills exceed $1 million, with freight charges and car rentals among those in dispute.
MENTIONED IN THIS ARTICLE
Chicago
Rock Island
Frank McGarr
U.S. District Court
John Mitros
Mitros
McGarr
William Gibbons
Gibbons
Washington
Blouns
Sen
Dick Clark
D-Iown
Midwest
SEC Charges Firm Made Foreign Payoff
The SEC filed suit against United Brands Co. for paying about 2 million dollars to various countries for favorable business treatment. The case cites a 41-25 million payment to an unnamed entity and notes a future 1.25 million pledge plus 750,000 to other governments. The suit ties the payments to securing favorable opportunities and references former chairman Eli Black’s death.
MENTIONED IN THIS ARTICLE
Washington
Securities and Exchange Commission
SEC
United Brands Co
Republic of Honduras
United Brands
Eli Black
Manhattan
Western Hemisphere
SRC
Assault suit seeks 185000 over alleged Cedar Rapids attack
Kenneth Dale Murphy files a $165,000 assault and battery suit against Tennis Jandik in Linn district court alleging he was struck and kicked at 1514 First Avenue NE, Cedar Rapids, on April 9, 1973, causing permanent injuries. He seeks $85,000 for actual damages and $100,000 for punitive damages.
MENTIONED IN THIS ARTICLE
Kenneth Dale Murphy
Tennis Jandik
Cedar Rapids
Linn District Court
Murphy
Jandik
First Avenue NE
Potassium Loss Risk From Heat Training Warns Doctor
A Texas researcher warns that hot weather and heavy training can deplete potassium in young athletes, risking fatal muscle damage. Dr. James P. Knochel of the University of Texas says rapid, cumulative loss during summer workouts may leave athletes unaware while crossing a dangerous threshold. He notes that many heat stroke cases involve potassium deficit, with younger amateurs most affected. seasoned pros avoid this by better conditioning and pacing.
MENTIONED IN THIS ARTICLE
Texas
James P. Knochel
University of Texas’ Southwestern Medical School
Knochel
Knuche
Ford weighs veto of consumer protection agency bill
President Ford orders cabinet reports on current consumer aid to build opposition to a new federal Consumer Protection Agency. The move aims to show existing efforts suffice while the bill speeds through Congress amid business opposition and support from figures like Ralph Nader.
MENTIONED IN THIS ARTICLE
Washington
UPI
Ford
Consumer Protection Agency
Senate
House
U.S. Chamber of Commerce
Ralph Nader
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FOTO
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Hall's Photo Shop
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Pfitzer
Andorra
Evergreen Food
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