Chase Bank Under Fire Over Penn Central Stock Sale
Washington AP reports House Banking Committee chair may open a new probe into Chase Manhattan Bank’s sale of 286,600 Penn Central shares in May 1970. Chairman Patman accuses the bank of using insider information tied to Penn Central’s finances and related loan ties with First National City and Chemical Bank.
MENTIONED IN THIS ARTICLE
Chase Bank
Washington ( AP
House Banking Committee
Chase Manhattan Bank
Penn Central
Wright Patman
D-Tex
David Rockefeller
The
New York Bank
Rockefeller
Trust Department
Patman
David Bevan
First National City Bank
Chemical Bank
Chase Manhattan
Chase
First National City and Chemical Bank
Pennsylvania Company
Bevan
First National City and
Banking Committee
Aach
Stuart Sanders
Chased Manhattan
Burglars Clean Warren Store in Weekend Heist
Warren Borough police probe a weekend burglary at The Style Shop in downtown Warren. About $800 in cash and $12,000 of clothing were stolen, including 200 men’s suits priced $76 to $125, with no forced entry and a truck seen at the rear. Police deem the theft professional and similar to earlier Bradford Ridgway and Jamestown cases.
MENTIONED IN THIS ARTICLE
Warren
Bradford
Ridgway
Jamestown
Waterhouse Quits State Post
W. W. Waterhouse, longtime Republican operator in Corry and Harrisburg, resigns as head of the bureau of Land and Water Conservation and Reclamation, now merged into the Environmental Resources Department. He cites slowed activity after the shift to a Democratic administration, plans to split time between Corry and St. Augustine, Florida, where he bought a home.
MENTIONED IN THIS ARTICLE
W.W. Waterhouse
Corry
Harrisburg
Waterhouse
Bureau of Land and Water Conservation and Reclamation
Environmental Resources Department
St. Augustine
Fla
County Won't Fund Landfill Road Repair
Wayne Township road work requested by Penn Disposal of Erie for fuel tax funds was denied by county commissioners. Leo Weir said no additional fuel tax money exists and funds cannot support private enterprise. The landfill access road has been maintained by Penn Disposal since last fall.
MENTIONED IN THIS ARTICLE
Wayne Township
Leo Weir
Penn Disposal of
Erie
Stewart Road
Penn
Wayne ‘Township
Weir
Penn Disposal
Thousands of protesters arrested as antiwar actions resume
In Washington thousands of police and federal troops occupied streets at dawn amid plans for a second wave of guerrilla style protests aimed at halting government operations. Earlier 7,000 protesters were arrested, with traffic circles targeted and bridges disrupted. Marine and Army patrols resumed, guarding spans as demonstrations unfolded with sitdowns and vandalism. A separate incident saw Dennis Consolo, an 18 year old inmate from Hast Street in Erie County, returned to jail after leaving work release to visit Corry. He had been serving time for burglary at Crestline Manufacturing last October. He will be removed from work release until his behavior improves.
MENTIONED IN THIS ARTICLE
Washington
Corry
Erie County
Dennis Console
Hast Street
Crestline Manufacturing Company
Andrew Hanisek
The
Journal Today
Consolo
Hanisek
Potomac River
Virginia
Year Later Kent State Shooting Probe Remains Delayed
A year after Kent State shootings, the Justice Department continues to weigh whether a federal grand jury investigation is warranted. Conflicting memos criticize the incident as unnecessary while state actions led to indictments against 25 students for arson and vandalism.
MENTIONED IN THIS ARTICLE
Washington
Ohio National Guard
Kent State University
Justice Department
Ohio
Allison Krause
Sandy Lee Scheuer
William K
Jeffrey G. Miller
Justic Department
Jerris Leonard
Civil Rights
Atty
John N. Mitchell
John W. Hushen
Kent State
Mitchell
Jackson State
Mississppi
Mississippi
el Sald
Tal
Sparta Merged seeks injunction to halt interim board meetings
Representatives of Sparta Merged School District taxpayers met with attorney J.R. Wingerter to file for an injunction in Erie County Court. If granted, it would stop future interim operating committee meetings as the district appeals the reorganization plan to Pennsylvania’s Supreme Court.
MENTIONED IN THIS ARTICLE
Sparta
Erle
J. Russell Young
J.R. Wingerter
Erie
Pennsylvania Supreme Court
Erie County
Crawford County
Corry Area
City States Plan Vehicle Replacements and Equipment Purchases
City engineers outlined a 10 year capital fund plan to buy a 1972 police cruiser for about 2600 dollars, two radio upgrades around 1800, a pickup replacement near 3000, and a grader estimated at 23000. A used grader may save about 3000. Bids to be opened at July 7 council meeting.
MENTIONED IN THIS ARTICLE
David Johnson
Sire
Pn Ene Mle
Somzon
Streets Department
Jamestown
Johnson
City Council Approves Major Sewer Line Extensions
City approves two sanitary sewer extensions near East Columbus Avenue and Sciota Street. Plans cover Sciota Street east to Columbus and a northeast run to Russell Road via Kundracik property. Robert Austin to finance mobile home court connection. Austin easement to city. future expansion planned along East Columbus, Russell and Random roads.
MENTIONED IN THIS ARTICLE
East Columbus Avenue
Sciota Street
David Johnson
Columbus Avenue
Paul Kundracik
Russell Road
Venture Inn
Columbus
New
Sciota Village Mobile Home Court
Mobile Home Court
Robert Austin
Kundracik
Random Road
Douglas Rozelle
Austin Ag
Fepmcs
City
Shannon
Austin
Sciota
Pennsylvania Electric
City Council Weighs Sewer Expansion and Perceived Injustice
Alderman Bach omer urges that extending the Sciota Street sewer to East Columbus Avenue imposes costs on Volansky, a Social Security recipient, while officials defend the project as progress. The dispute centers on whether asset gains from public works justify burdens on a single property owner amid flood plain concerns and future value effects.
MENTIONED IN THIS ARTICLE
East End
Norbert Bach Omer
Bach Omer
Michael Volansky
East Columbus Avenue
Sciota Street
Venture Inn
Volansky
Bachofner
U.S. Army Corps of Engineers
Columbus Avenue
Council
Edward Zarger
Sciota Village
Volenaky
Tovyore
Angel
Wias
Merah Ot
Ropsy Sayere Council
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