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Newspaper
Delaware County Daily Times
Location
Chester, Pennsylvania, United States of America
Date
Dec 30, 1986
Page
4
Discussion on amendments to the 1987 budget was postponed during the Dec. 11 board meeting. Township officials warned the township could be over 300000 in the red and proposed a 15 mill increase in real estate taxes. Roberts said the budget would be revisited at the Jan. 8 meeting.
Three executives Richard Kaufman Robert Shay and Bruce Fischer were charged by the state attorney general's office under Securities Act for a $2 million bank stock scheme. The affidavit states $1,766,450 paid for shares exceeded fair market value by about $250,000. Shay as a board director allegedly knew the stock value was inflated and did not report the reason.
A man linked to a July spree of convenience store robberies across Ridley Park Clifton Heights Upper Darby and Yeadon was sentenced yesterday to 12 to 24 months for a Collingdale car theft, with sentences to run concurrently. The crimes began with July 4 hits at a Wawa in Yeadon and a 7-Eleven in Clifton Heights, followed by July 31 robberies in Ridley Park and Upper Darby.
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