Killian's maps out action in plan for reorganization
The formal plan for Killian Co is filed in Cedar Rapids federal bankruptcy court outlining two main provisions. Unsecured creditors receive 10 percent cash in full satisfaction after priority claims payment, with a separate arrangement to buy new stock via M L Rothschild Management Corp secured by liens on company assets. The plan preserves management of assets and business under court oversight until all unsecured claims are paid, and confirms the need for the Rothschild arrangement to continue operations.
MENTIONED IN THIS ARTICLE
Bruce Fishwild
Killian Co
Cedar Rapids
M.L. Rothschild Management Corp
Chicago
Killian
Rothschild
Killian’s
Thieves Target Bever Avenue Jewelry Amid Police Probe
Police investigated the theft of two rings valued at 41 500 from a Bever Avenue SE residence. A diamond solitaire ring and a four-stone wedding band were taken from a dining room table on Tuesday afternoon. Two 12 and 14 year old Southwest-side boys were arrested after assaulting Joseph McDowell at 1019 Third Ave SE with a metal cane after harassing him all day. They were charged with assault to commit injury and turned over to youth authorities. Burglars bypassed German shepherds to steal radios, chargers, wrenches, and a small bolt cutter from E Cohn Sons scrap yard at 900 L St SW, valued at 1 500.
MENTIONED IN THIS ARTICLE
Bever Avenue SE
Joseph McDowell
Third Ave
McDowell
E. Cohn & Sons Scrap Metal
L St. SW
Petition to curb loitering near First Avenue East
A petition signed by 14 merchants and residents seeks action to reduce loitering and related nuisances in the 1500 block of First Avenue East. Cedar Rapids Hairstyling manager Larry Poole cites vandalism littering beer and drug use by minors and blocked doorways near a game arcade. Public Safety Commissioner Floyd Bergen will boost police patrols in the area.
MENTIONED IN THIS ARTICLE
First Avenue East
Larry Poole
Cedar Rapids
Public Safety
Floyd Bergen
the Gazette
Seven Motorists Charged in Drunk Driving Sweep
Seven people were arrested Wednesday and Thursday on drunk driving and related charges. Richard Turner was charged with second offense drunk driving at his home on Second Street SW. Raymond Ross arrested at First Avenue and 30th Street SE. Eugene Lien charged after speeding on County Road E-34. Theresa Krumbholz picked up in SE with additional charges. Donald Leavens arrested on 16th Avenue SW. Eugene Lewis detained at First Avenue and 12th Street NW. Dawn Brooks charged with speeding in Cottage Grove area.
MENTIONED IN THIS ARTICLE
Richard Turner
Second St
Raymond E. Ross
34Th St
First Avenue
30Th Street
Eugene A. Lien
Emerald Ave
Highway 13
Theresa L. Krumbholz
16Th Ave
Seventh Street
Donald W. Leavens
33Rd Ave
16Th Avenue
Eugene E. Lewis
Milwaukee
12Th Street
Dawn R. Brooks
Fourth Ave
Cottage Grove Avenue
Also Mentioned on This Page
THE
BES
Westdale
Iowa
Poole
Baumhoefeners
Johnson Ave
N.W
Hoover School
Amana
U.S
Smulekoff
3Rd Ave
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