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iOMsivsville-Yuba City, Calif. Saturday, January 30, 1971Appeal-Oemocrat Phone 742-6491V.V.* •Pat BoFiles ForSEATTLE: (UPI) A petition . assets of less thanne Company Bankruptcy#Boone$2 million.worthwas listed as million in debts.Angeii* IIMI1IVII 111 Vlv^l/lOreorganization of the Wendell! Shulkin earlier filed petitions west Co., developer of ocean j for Moksha W. Smith, Glen E. s ores resort on the Washington; Corning, Lawrence C.Coast has been filed here. Delbert J. Sell and Ar.,lUi 41. . eiome Shulkin, attorney for Sutton, partners in Wendellisoone and several other! West.■partners in Wendell West and When the firm’s petition was^^rations, filed with the court it had debtsi was not a of $68 million of which $28courtbankruptcy action. “All of this hasmillion was unsecured.been filed: Two more former partners into. ^ the Wendell West filed petitions forproperty arrangementsunder the Federal BankruptcyA • aBankruptcy Act,” Shulkin said, realI 4 T«l __...Theing.“What we have done is to file TheAct Friday.la-teaf, petitioners werea petition and a plan with the Mark Grubisich and Jamescourt which will enable the Joseph Magnus, company to pay its debts,” he' Shulkin said other'1 « / v .said. “It is not bankrupt.”filingsBoonerelating to the Wendell Westdebts totaling $21 million and week.will be made next
Newspaper Details
Marysville Appeal Democrat
Marysville, California, US
Sat, Jan 30, 1971
Page 10
Full Page
Clipped by
Jeannie M.
WA, USA 31 May 2020
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