MorAmerica Reorganization Approved in Cedar Rapids Court
Bankruptcy Judge Michael Melloy approved MorAmerica and Morris Plan creditors plan in Cedar Rapids. Over 90 percent of each class voted for approval, with total approval exceeding 95 percent when combined. Negotiations continue with Peter Bezanson to determine use of his assets to satisfy guaranteed loans.
MENTIONED IN THIS ARTICLE
Roland Krekeler
Morris Plan Co
Cedar Rapids
Michael Melloy
Peter Bezanson
Morris Plan
MorAmerica Financial Corp
Dixon
Bezanson
MorAmerica
Soviet U N official indicted on espionage charges in Brooklyn
A federal grand jury in Brooklyn indicted Gennady Zakharov, a 39 year old Soviet U N Secretariat officer, on conspiracy to commit espionage, attempting to obtain classified military information, and transmitting it to the Soviet Union. U S officials say Daniloff case retaliation is possible.
MENTIONED IN THIS ARTICLE
Gazette Wire Services
New York
Brooklyn
U.N
Gennady Zakharov
U.S. Department of Justice
Zakharov
Soviet Union
State Committee For Science and Technology
Meese
U.S
Nicholas Daniloff
U.S. News and World Report
Moscow
Daniloff
S. Daniloff
Ruth Daniloff
American kidnapped in Lebanon
Frank Herbert Reed 53 director of the Lebanese International School in West Beirut was abducted by four gunmen while en route to a golf course. An anonymous caller claimed Islamic Jihad responsibility in Reed’s alleged role as a CIA spy as police traced the Volvo getaway near Bir Hassan.
MENTIONED IN THIS ARTICLE
Beirut
Lebanon
Islamic Jihad
U.S
Frank Herbert Reed
Malden
Mass
Muslim West Beirut
Iran
Ayatollah
Ruhollah Khomeini
Caller
Reed
CIA
West Beirut
Bir Hassan
Manara
Given
Fahima Dalati
Tareq
Washington
White House
Larry Speakes
Boston firms pledge aid and jobs for city graduates
Boston businesses unveil a six million dollar program to guarantee financial aid to every public high school graduate who enters college and to provide jobs after completion. Edward Phillips of New England Mutual Life chairs the plan, with major gifts from Bank of Boston John Hancock and others, aiming to lift the city’s aging school system and reduce college dropouts.
MENTIONED IN THIS ARTICLE
Isoston
Boston
Edward Phillips
New England Mutual Life Insurance Co
Phillips Company
Bank of Boston
John Hancock Insurance Co
Bank of New England
Phillips
Meter reader shortcut saves stroke victim in Iowa sighting
Iowa Electric Light and Power meter reader Sue Evasco cut through a yard to read meters and heard a garbled plea. She entered the home on Duncan Street to find Marie Duncan, who had suffered a stroke and was alone, prompting a lifesaving rescue. The incident shows meter readers following policy to investigate calls and assist when someone is in distress.
MENTIONED IN THIS ARTICLE
Marie Duncan
Iowa Electric Light and Power Co
Duncan
30Th St
Sue Evasco
Evasco
The
Gazette
Metal scrap spill blocks highway injuring many tires
A truck carrying metal scraps owned by Warren Transport lost part of its load on Highway 150 between West Union and Maynard. The debris punctured over 70 tires and closed the road for about three hours. Driver Glen Kersten of Waterloo was cited.
MENTIONED IN THIS ARTICLE
West Union
Maynard
Fayette County
Stepp Melon Farm
Iowa State Patrol
Warren Transport
Waterloo
Glen Kersten
Atwood Co
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