Misleading Promises In Prospectus Sparked By Stock Sale
Promoters warned buyers that investments were speculative and no guarantees existed while a wave of door to door solicitation drew purchases of hundreds of thousands in stock. New Kanawha shifted to its own securities division as its prospectus listed plans for an aluminum division near Beckley with plants in Cadalac and Fort Lauderdale and talks with large aluminum firms for siding and pallets.
MENTIONED IN THIS ARTICLE
New Kanawha
Ash- Craft Co
Kanawha
Beckley
West Virginia
Oak Hill - Fayetteville
Cad- Alac
Mich
Fort Lauderdale
Fla
Oak Hill-Fayetteville-Beckley Triangle
New
Kanawha Industrial Corp
Oak Hill-Fayetteville
Mount Hope
Certified Public Accountant
Beckley Road project hearings detail wide land purchases
Wall testified on right of way costs for a 1500 foot Oakwood Ave widening. 30 parcels totaled 568 505 with 392 871 overpayment. Affidavits show settlement pressures and inflated offers. Officials criticized for inexperience and lack of certified financial statements in the New Kanawha prospectus.
MENTIONED IN THIS ARTICLE
Wall
Beckley
Bureau
A. J. Lucas
W. C. Agee
T. R. Ragland
Robert E. St. Clair
Mae
Sami Thies
B. H. Hopkins
Albert Wheley
C. D. Hall
Fannie E. Taylor
Margaret Moore
Opal Wills
Beckley Hardware and Supply Co
John C. Ward
Virginia H. Ward
Investment Securities, Inc
Ella
J. E. Bibb
First Church of God
G. C. Mills
G. C. Birt
Chesapeake and Ohio Railway Station
A. C. Harvey
W. A. Argenbright
D. T. Keatley
O. D. Hall
Gordon B Brown
J. B. Thomas
Bessie E. Gore
Edgar M. Crouch
G. R. Hutchinson
Colony Drug
S. Oakwood Ave
Ragland
Five Americans missing as Vietnam crash shows perils of air war
A helicopter crew pursued guerrillas near the Laos border when it crashed, with a captain reportedly wandering wounded in the jungle five miles from the scene. In Saigon, four service members were listed as missing after a separate C123 crash as heavy weather hampered search efforts amid ongoing Route 13 ambushes that left Vietnamese troops and an American adviser dead.
MENTIONED IN THIS ARTICLE
Saigon
Laos
Washington
Air Force
James E. Henderson
Seymour
Iowa
Winston R. Harris
Harlem
Charles F. Richards
Spring Lake
N. C
Henry Stefanski
Gloria
Fayetteville
Ban Me Thuot
Army
J Don J. York
Asheville
Thhen
Weather Bureau Report of Temperatures and Rainfall
The Weather Bureau issued a report listing high and low temperatures and rainfall for selected areas. It notes maximum temperatures for a 12 hour period, minimum temperatures for an 18 hour period, and precipitation for the 24 hours ending a.m.
MENTIONED IN THIS ARTICLE
Washington
Weather Bureau
Guiana seeks independent move as Jagan urges UN action
Cheddi Jagan, premier of British Guiana, appeals to the UN special committee on colonialism to visit the colony and press Britain to hold an immediate conference on independence. He accuses Britain of delaying talks after pledges to trusteeship and cites rioting and arson last February as factors.
MENTIONED IN THIS ARTICLE
The
New York Times Co
United Nations
N. Y
British Guiana
Cheddi B. Jagan
Special Committee On
Britain
Guiana
Jagan
Hancock Rift Settled After Waterford Park Talks
Gov Barron’s executive assistant Curtis B Trent Jr said Monday the dispute between Hancock County officials and Waterford Park has been resolved. A meeting in New Cumberland with James Edwards, Richard Wright, and others led to a better understanding of the overall situation and mutual respect amid disagreements over track operations and county influence. Edwards had claimed county politicians tried to dictate Waterford Park policy.
MENTIONED IN THIS ARTICLE
Associated Press
Barron
Curtis B. Trent Jr
Hancock County
Waterford Park
Trent
James Edwards
Democratic
Richard Wright
New Cumberland
Charleston
Hancock
Edwards
Crash Survivor Has Sister Here
Mrs. Julian Campbell of 1320-B Summit Dr. says her Air Force brother Maj. Robert F. Cornell of Daleville Ala. survived a helicopter shoot down in South Viet Nam and is in good condition. He previously suffered a minor wound on May 22 over guerrilla territory.
MENTIONED IN THIS ARTICLE
Julian Campbell
Air Force
South Viet Nam
Campbell
Maj
Robert F. Cornell
Daleville
Ala
Corneil
County Girl, 13, Is Lost in Kanawha County
A 13-year-old Kanawha County girl, Molly Susan Lacy of Walnut Gap, disappeared Friday while picking apples near her home between Upper Elk and Dry Branch Drive. She was last seen with a sack headed to an orchard. the sack was found but she has not been heard from. The girl is described as a pretty blonde with blue eyes, fair complexion, of medium build, wearing orange slacks and a white blouse. Her disappearance is being investigated by city and county police.
MENTIONED IN THIS ARTICLE
Kanawha County
Molly Susan Lacy
Walnut Gap
Upper Elk
Susie Shamblin
Poice
Car Mishaps Injury in Loudendale Caseload
A 53 year old man, Archie L Hubbard of 1408 Quarrier St, was hurt in a car wreck outside Charleston and listed in satisfactory condition with chest and leg injuries. A 13 year old girl, Sandra Pickens, suffered a lacerated forehead and arm when she fell from a moving car and was treated at Charleston Memorial Hospital and released.
MENTIONED IN THIS ARTICLE
Loudendale
Charleston
McMillan Hospital
Archie L. Hubbard
Quarrier St
Sandra Pickens
Gene Pickens
Rt. 2
Charleston Memorial Hospital
Miner Hurt At Eskdale Mine In Kanawha County
A Kanawha County miner sustained a hip injury Monday after being caught between a buggy and a post at Imperial Colliery Co. No. 11 in Eskdale. Carlos Fernatt, 36, of Pratt, was taken by Pryor ambulance to Charleston General Hospital for observation.
MENTIONED IN THIS ARTICLE
Kanawha County
Imperial Colliery Co
Eskdale
Carlos Fernatt
Pratt
Pryor
Charleston General Hospital
Dunbar Board Votes On Fleetwood Reappointment Refused
Dunbar mayor rules out of order a motion by Councilman P A Denny to retain Wade Fleetwood as sanitary board member, noting the proposal was not on the agenda. The debate follows Fleetwood’s term lapse and a vacancy on the board headed by Mayor Long.
MENTIONED IN THIS ARTICLE
Wade Fleetwood
Dale Long
Dunbar
P. A. Denny
Fleetwood
Denny
Long
Carl Duttine
Duttine
Sanitary Board
C. F. Stewart
William McMillion
McMillion
Danbar
St Albans Awards Paving Contract on Highland Drive
St Albans city council awarded a $53,000 contract to Anderson's Inc. for Highland Drive paving. Mayor Frank Oliver reported the decision ends a lengthy dispute as residents opposed the street project, marking a resolution after a long quarrel.
MENTIONED IN THIS ARTICLE
St. Albans
Anderson's, Inc
Highland Dr
Frank Oliver
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Harrison C.ash
Gold Coast
Hulett Smith
Investment Securities
Smith
Road Commission
Church of God
C. P. Conley
Thomas
Wright
U.S. Bureau of Public Roads
U.S. General Accounting Office
Formosa
U. S
Jan
John
Pentagon
Anthony J. Teneza
Fairfax
Joseph Goldberg
Sanford
James E. Lane
Harold L. Guthrie
Burlington
Robert F. Cornweil
Onotone
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