Perot’s Rise Tied to Collins Radio Buyout Tale
Ross Perot built Electronic Data Systems after resigning from IBM. He bought time on a Dallas computer, recruited IBM vets, and grew EDS into a fast rising firm. The public offering boosted Perot’s wealth, with employees holding substantial shares and earnings soaring well beyond early sales.
MENTIONED IN THIS ARTICLE
Collins Radio
Cedar Rapids
Iowa
International Business Machines
IBM
Electronic Data Systems
Southwestern Life Insurance Co
Dallas
Collins
Perot
Israeli trainee dies after Arab raid on El Al jet
In Zurich Switzerland AP report the trainee Yoram Perez who was wounded in a February commando raid on an El Al jetliner at the airport died Tuesday. The piece notes prospects that present customers may not renew contracts and could seek less comprehensive terms, per Perot's firm.
MENTIONED IN THIS ARTICLE
Zurich
Switzerland
Yoram Perez
el al
Perot
Officers Named By Rotary Club In Cedar Rapids
Robert C. Moorman was elected president of the Cedar Rapids Rotary Club at a joint session of newly elected and retiring directors. Richard E. Scherling will become vice president and Clyde Lindsley was re elected secretary. The officers will be installed July 1.
MENTIONED IN THIS ARTICLE
Robert C. Moorman
Grant Noodrive SE
Cedar Rapids
Dahms 20 Arrested in Break-In Case
Craig J. Dahms age 20 of 1703 A avenue NE was arrested Monday night for breaking and entering. Police say his arrest clears the March 22 break in reported by Penney Immanuel of 1215 First avenue SE who reported a portable television stolen. Dahms was held in city jail Tuesday pending arraignment.
MENTIONED IN THIS ARTICLE
Craig J. Dahms
Avenue NE
Penney Immanuel
First Avenue SE
Dahms
Harlan Mathes Pleads Guilty to Two Counts
Harlan L. Mathes a 26 year old of 895 Third avenue SE pled guilty to contributing to the delinquency of a minor and resisting execution of process. Municipal Judge Clinton E. Shaeffer imposed seven days on the first charge and two ten day terms on the second, to run concurrently with 15 days already served.
MENTIONED IN THIS ARTICLE
Harlan L. Mathes
Third Avenue SE
Clinton E.shaeffer
Mathes
Judge allows withdrawal of guilty plea in missing teen case
Judge Shaeffer permits Mathes to withdraw guilty plea due to lack of attorney after police searched his apartment in March for a missing 17 year old girl. Mathes was released from jail following sentencing.
MENTIONED IN THIS ARTICLE
Shaeffer
Mathes
Interest Hike Bill Amended By Senators
Iowa bill to raise the maximum legal loan rate to 9 percent returns to the House after the Senate added amendments. The rider expands state control to regulate charges for credit life and health insurance tied to loans and would empower the insurance commissioner to oversee policies covering loan amounts if the borrower dies or becomes disabled. The amendment, sponsored by Sen. Lee Gaudineer, was adopted 33 to 21.
MENTIONED IN THIS ARTICLE
Des Moines
UPI
Iowa
House
Senate
State Insurance Commissioner
Lee Gaudineer
Columnists and bylines in today's paper
The page lists columnists and bylines including General Frank Nye in legislative coverage, Art Buchwald, Rex Conn with Shucks, Rick DuBrow on TV, Leonard Lyons, and sports writers Gas Schrader and Don Walton covering bowling.
MENTIONED IN THIS ARTICLE
Frank Nye
Art Buchwald
Rick DuBrow
Leonard Lyons
Sports Gas
Schrader
Don Walton
Lending reforms risk public harm say critics
Critics warn that other lending institutions may not offer the same terms, and that denying available options could be a great disservice to borrowers public interest and access to credit.
Havens Arrested on Contributing to Delinquency Charge
Michael J. Havens aged 22 of 1430 A avenue NW was arrested Monday night on a warrant for contributing to the delinquency of a minor. Authorities say a 17 year old girl, identified by Sen J Don Weimer, reported Havens supplied beer. Bond set at 300 dollars, and he was released.
MENTIONED IN THIS ARTICLE
Michael J. Havens
A Avenue NW
Havens
J. Don Weimer
D-Cedargi
Services Thursday for Charles B. H. Weeks
Charles B. H. Weeks 76 dies Monday night in a Cedar Rapids nursing home where he had lived since February A retired farmer who lived in the Millersburg area before moving to Delta in 1947 He was a World War I veteran who served in France He survived by wife Alta Killian three daughters Mrs LaVaughan Small of Sigourney Mrs Richard Nunemaker of Cedar Rapids and Mrs Wesley Clouby of Swisher two sons Carroll and LeRoy both of Cedar Rapids a sister Nellie Passerin of Extra and six grandchildren Services Thursday at 1 30 p m at Powell's in North English
MENTIONED IN THIS ARTICLE
Millersburg
Delta
France
Alta Killian
LaVaughan Small
Sigourney
J Richard Nunemaker
Cedar Rapids
Wesley Clouby
Swisher
Carroll
LeRoy
Nellie Passerin
Extra
Powell’s
North
English
Francis Becker Accused of Assaulting Boy
Francis A Becker 35 of 848 M street SW held in city jail on assault and battery charge. Arrest followed information from Mrs Larry Smith who said Becker struck her 16 year old son Lyndon with a rubber piece in a neighborhood fight, causing drusses on his lower back.
MENTIONED IN THIS ARTICLE
Francis A. Becker
Larry Smith
Becker
Lyndon
Smith Yard
Smith
No Fault Plan Endorsed by Underwriters in Cedar Rapids
About seventy five State Auto and Casualty Underwriters agents held a sales meeting in Cedar Rapids. Quotations were solicited for a limited no fault plan to demolish two substandard vacant houses at 4236 and 1237 Third Street NW. The plan would cover medical expenses for injuries from accidents until liability is determined.
MENTIONED IN THIS ARTICLE
Iowa
State Auto and Casualty
Des Moines
Cedar Rapids
Linn County Public Health
Department
Iowa Insurance
Institute
Third Street
The
Cedar
Rapids
No-Fault Concept Cited by State Rule and Casualty
A spokesman for State Rule and Casualty said the firm probably will adopt the limited no fault concept, while retention of the right for the individual or insurance company to sue for damages is noted.
MENTIONED IN THIS ARTICLE
State Rule and Casualty
Also Mentioned on This Page
Ross Perot
EDS
United States
Rose
Collins Radio Co
Milledge A. Hart
Thomas J. Marquez
IBM Systems
J. N. Cole
Hart, Marquez
Cole
Fortune Magazine
Rotary Club
Harlan Mathes
Pushy
Calvert
Editorial
Rex Conn
James Reston
Warren Weaver
Evans Novak
Jack Anderson
Suzy Knickerbocker
Dear Abby
Andelman i Dacobys
Bridge
Charles B. H. Weeks
I Francis Becker
Gi Malloy de Watthmeier
Accurron
Rolex
Omega
Girard Perregeaux
Bulova
Hamilton
Elgin
Malloy’s
Uggr
Dre
Malloy Jewelers
Probasco
S . Charge
Third Avenue
Guaranty
Guaranty Bank &Trust CO
Member
Federal Deposit Insurance Corporation
3Rd & Ard
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