Ford may compromise on tax cut
President Ford met with congressional leaders to discuss his economic plan amid talk he may concede on a tax cut while resisting wage price controls and gasoline rationing. Democratic leaders urged faster energy conservation and a broader tax cut for low and middle income families, with gas rationing seen as possible. Seidman outlined Ford’s stances on what to compromise and what to stand firm on in the recession and energy program.
MENTIONED IN THIS ARTICLE
Washington
UPI
Ford
Senate
Byrd
Congress
L. William Seidman
Seldman
Arab banker sues over First National Bank stock move
A minority of First National Bank of San Jose directors opposes selling 650,000 shares to Saudi investor Khashoggi at 21.83 a share to give him one third of the bank. The suit filed in San Francisco Federal District Court seeks an injunction and alleges violations of the Securities Exchange Act including improper proxy solicitations.
MENTIONED IN THIS ARTICLE
Hayward Naonal Bank
Adnan MM. i
First National Bank of San Jose
First National
Khashoggi
Wight
Bay Mmeoul
Wit
Beirut
Lebanon
Federal District Court
San Francisco
Louis B. Sul
Grant Early
Tayward National Bank
Repentant Redd speech and probation under fire
Marvin Redd White, Newark gas station owner and tax offender, delivered contrite remarks yesterday to an Optimists Club audience alongside two federal agents. Judge Charles Renfrew, who had suspended White’s sentence for 15 speeches denouncing tax crimes, threatened jail if future talks stay too light. White, a Castro Valley resident, described his tax trouble and a deduction for his ex wife, while a federal review of his speeches proceeded.
MENTIONED IN THIS ARTICLE
Newark
Marvin “Redd” White
Optimists’ Club
Probation Office
Internal Revenue Service
Optimists
U.S. District Court
Charles Renfrew
White
Castro Valley
Arkansas
Renfrew
Alameda Defends Actions In Secret School Bidrow
Alameda, fired December 4, defends breaking the law as pragmatic for the kids. He asserts others in California are doing the same and says the Premont Unified School District benefited while he was a public servant. He discusses Hillview Continuation School bids, admitting split contracts avoided bids and claiming urgency to complete work before September.
MENTIONED IN THIS ARTICLE
Harold Alameda
Premont Unified
Alameda
Nilés
Board of Education
Fred
Jatt Alameda
Hillview Continuation School
California Supreme Court voids key antibusing provision
The court ruled unconstitutional the central part of Proposition 21 banning busing for racial balance in public schools. It upheld the right to repeal balance targets but said specific percentage requirements cannot stand. The decision aligns with a 1971 Supreme Court ruling against similar North Carolina practices.
MENTIONED IN THIS ARTICLE
SAN Prancisco
UPI
California Supreme Court
California
Raymond
Sullivan
U.S. Supreme Court
North Carolina
U.S
Bending of rules challenged by four South County districts
Four business managers from Hayward New Haven Newark and Castro Valley deny judging Harold Alameda bending the rules in Fremont. They describe three practices splitting purchase orders transferring funds without board approval and creating secret savings accounts while noting different responses would occur in their districts. Alameda admits sometimes splitting orders and moving funds without authorization and investing district money in a private account.
MENTIONED IN THIS ARTICLE
South County
Harold Alameda
Fremont
Alameda
Esmond Carey
Hayward
Ellis Tee
New Haven
Orton Benson
Newark
Philip Wagner
Castro Valley
Chase
Troutee
Tat
Also Mentioned on This Page
Lance Williams
By Tom Debley
Pomerr Han Om
Grand Avenue
BART
Tracy Silva
San Leandro
Tracy
Agacleel
Ray Orreck
Tevisics
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