Bergman denies urging stockholders to sell Keystone stake
Cedar Rapids attorney William Bergman testified in Linn District Court that he never urged minority shareholders to sell to Ralston Purina. He said his concern was to help investors gain from their investment while opposing a straight $3 million equity offer as dilution. The $75 million suit accuses Ralston Purina of overpaying or misvaluing stock from the 1973 takeover of Keystone Ski Resort.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Keystone
Colorado
Ralston-Purina Co
St. Louis
William Bergman
Linn District Court
Iowa
Ralston-Purina
Ralston
Bergman
Ralston- Purina
Keystone project battle over control and risk details emerge
The case centers on Ralston’s shift from minority to majority Keystone stake and Bergman’s statements about future risks and land value. Plaintiffs press that Bergman conveyed optimism to stockholders while Ralston officials held a different view. Testimony covers a May 1973 talk claiming land worth 10 million, future risk, and Ralston’s ultimate influence as majority shareholder. Plaintiffs include Bjornson, O’Donnell, O’Brien, Linge Investments, and Doerfer Voorhees.
MENTIONED IN THIS ARTICLE
Bergman
Keystone
Ralston
Fred Bjornson
Michael G. O'Donnell
Cedar Rapids
James O’brien
Dubuque
Linge Investments Co
David Linge
C. Scott Linge
Fayette
R.E. Doerfer
Koert Voorhees
Waterloo
Man Re-Arrested After Cedar Rapids Foot Chase
A 21-year-old man identified as Terry R. Dye was recaptured Thursday night after a foot chase following an escape from the Cedar Rapids Work Release Center. Police, tipped to Dye's location near Knight Oil Station, spotted him and he ran into traffic attempting auto doors. Dye, serving a 20 year term for burglary robbery and weapon not found, began serving in October 1974. Police charged Dye with escape and interference with official acts. Also under arrest were Scott Grow 18 for criminal mischief and Craig Stratton 19 for harassment. Kathleen Satterlee 19 was charged with theft and R Gary Klinsky 24 with theft after unpaid hotel bill.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Terry R. Dye
Third Ave
Knight Oil Station
First Avenue SE
Dye
Scott Michael Grow
Adironack Drive
Grow
Craig S. Stratton
Judy Merta
C Ave
Kathleen K. Satterlee
Second St. SW
Satterlee
R. Gary Klinsky
Sixth St. SE
Sheraton Motor Inn
Klinsky
Iowans Prepare Memorial Day Flag Tours Across East Iowa
Eastern Iowans plan Memorial Day observances with avenues of flags in West Branch transforming the cemetery area supervised by Chauncey Butler Post of the American Legion. Waukon hosts an Allamakee Street flag avenue and a 10:30 a.m. Monday program on the courthouse lawn featuring Rev. Phil Dorsey. Other events include services at West Union cemeteries led by Rev. Richard Menzel, a Postville service at St. Paul Lutheran Church with Rev. Norris Swenson, and Volga ceremonies at Hill Crest Cemetery on Monday with a noon dinner by the Legion Auxiliary.
MENTIONED IN THIS ARTICLE
Waukon
Allamakee Street
Avenue of Flags
Allamakee County
Phil Dorsey
Calvary Independence Church
American Legion Auxiliary
St. John’s Church
West Union
Chamber of Commerce
Fayette County
American Legion
Richard Menzel
Auburn
Eldorado
Catholic Cemetery
Postville
Fellowship Hall
St. Paul Lutheran Church
Norris Swenson
Legion Auxiliary
Volga Legion Hall
Mopeds Require Mirrors Warns Cedar Rapids Police
Cedar Rapids police Capt Louis Stepanek urged owners of motorized bicycles to equip mirrors. He noted increasing numbers lack mirrors as popularity grows. The Iowa code requires rear visibility and officers will move from warnings to tickets.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Louis Stepanek
Iowa
Stepanek
Woman Hurt in Trailer Fire Near Hiawatha
Judy Schoff 31 of Tower Terrace Trailer Court suffered burns to knees hands and chin from a gas ignition under the kitchen sink after a leaking aerosol can caused a backdraft. Fire chief says her husband Douglas Century extinguished the blaze before firefighters arrived. She was treated at St Luke s Hospital and released.
MENTIONED IN THIS ARTICLE
Judy Schoff
Tower Terrace
Highway 150
Hiawatha
St. Luke’s Hospital
Schoff
Don Mohler
Douglas
Elderly patients moved far from Linn County for care
Linn County faces rising placements of elderly residents in nursing homes outside the county as bed shortages and Title 19 funding shape referrals. In nine months 86 placements, 53 outside Linn County, with Cedar Rapids area beds scarce for state paid patients.
MENTIONED IN THIS ARTICLE
Linn County
Lori Benz
Department of Social Services
Joyce Munson
Benz
Marshalltown
Health Services Agency
Cedar Rapids
Fourth Avenue
Moonies seek restraint over Waterloo solicitor’s license rule
U S District Judge Ed ward J McManus extended a restraining order blocking Waterloo from enforcing a solicitor license ordinance until June 9. Moonie representatives argue the ordinance is unconstitutional as it targets fund raising, while Cedar Rapids permits waivers for non profits with tax exempt status. A hearing was postponed as both sides file briefs by June 9.
MENTIONED IN THIS ARTICLE
Waterloo
U.S
Edward J. McManus
Sun Myung Moon
Unification Church
Moonies
Cedar Rapids
McManus
Cyclist Hurt In Crash. Driver Charged In Intersections Incident
Harley J. Schlarbaum, 24, of 812 Wellington St. SE, listed in good condition at St. Luke's Hospital after a motorcycle crash with a car at Second Ave and 19th St SE. The car driver, Karen C. Brown, 17, of 2931 Sixth St. SW, was charged with failure to yield the right of way.
MENTIONED IN THIS ARTICLE
Harley J. Schlarbaum
Wellington St
St. Luke’s Hospital
Second Avenue
19Th Street SE
Schlarbaum
Karen C. Brown
Sixth St
Brown
Marion Man Killed in Tractor Upset Near Farm
George Zingula, 79, of 1089 12th Ave Marion, died after a tractor tipped on a farm field near Central City. Linn County deputies and Central City firefighters responded at 10:11 a.m. with an investigation under way.
MENTIONED IN THIS ARTICLE
Central City
St. Luke’s Hospital
George Zingula
12Th Ave
Marion
Here
Linn
Zingula
Linn Sheriff's Office
Tama County Museum Opens Summer Schedule in Toledo
The Tama County Historical Museum housed in the former county jail in Toledo begins summer hours from 2 to 5 p.m. daily except Mondays and Tuesdays, through October.
MENTIONED IN THIS ARTICLE
Toledo
Tama County Historical Museum
Iowa City Sex Assault Reported Near Highway 6
Two Iowa City women told police a man in his early 20s wearing a ski mask confronted them with a revolver near Highway 6 and Lakeside Drive shortly after 2 a.m. He left on foot after the alleged assault.
MENTIONED IN THIS ARTICLE
Iowa City
Highway 6
Lakeside Drive
Night golf to begin at Twin Pines this Saturday
Duffers may golf under lights at Twin Pines Golf Course starting Saturday with lights on nightly except Sundays. Park director Elmer T. Delaney said the illuminated schedule continues until Labor Day.
Linn County Officers Lead In Iowa Police Academy Class
Three of the top five graduates in the 53rd basic training class at the Iowa Law Enforcement Academy are from Linn County agencies. James F. Houlahan topped the class of 34, with Marion officer Michael D. De LaMater second and Linn deputy Lyle Rusk fifth. The 10 week program began March 20 and ceremonies were held at Camp Dodge.
MENTIONED IN THIS ARTICLE
Iowa Law Enforcement Academy
Linn County
Ben Yarrington
James F. Houlahan
Linn Sheriff's Department
Houlahan
Woodard
Camp Dodge Academy
Johnston
Jack Woodard
Polk County
Marion
Michael D. de LaMater
Lyle Rusk
Linn
Orlie Workman
Also Mentioned on This Page
Dale Kueter
Ledorp
Bahle
Mr. Maynard
C.R
Pauline Andrew
Hinkley Avenue
Archie
Mt. Vernon Road
Mechanicsville
West Branch
Winfield
Mount Pleasant
Vinton
Independence
Columbus Junction
Munson
Bill Rosberg
SEATS
Rosberg
Judy Bentley
Moonie
Leo Rooff
Robert Benner
Beirut
Tama Museum
Police
Teva
Cutty
Edgewood Rd
Piensa
East Washington
Dan Flowers
Krebs
18Th St. S.W
Wilson Ave
Remington
Sperry Remington
Dept. CN
Main St
Bridgeport
Conn
Connecticut
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