Lance used same stock as collateral for two loans
Bert Lance pledged stock dividends as collateral for a $2.625 million loan from Manufacturers Hanover Trust Co and then used the same dividends to back a separate loan at Chemical Bank. Officials said no federal law violation is evident, but bank records show a breach of contract and possible improper handling of stock collateral.
MENTIONED IN THIS ARTICLE
Washington
Bert Lance
New York
Lance
Office of Management and Budget
Manufacturers Hanover Trust Co
Robert A. Baer Jr
U.S. Comptroller of the Currency
Hanover
Federal Reserve
Dietsch
Manufacturers
James Hamberton
Hamberton
National Bank of Georgia
NBG
Calhoun (Ga
First National Bank
Chemical Bank
Johnson to undergo surgery before FBI director bid
Frank M. Johnson, Carter's pick for FBI director, is in Houston Methodist Hospital for surgery to correct a blocked blood vessel in his stomach. The 58 year old U.S. District Court judge from Montgomery underwent prior examinations in Birmingham, with doctors noting a possible aneurysm. Johnson is expected to spend several days in intensive care after the operation.
MENTIONED IN THIS ARTICLE
University Hospital
Birmingham
Ala
Community Q and A: fuel aid and local help ads
The Enterprise answers on the Special Crisis Intervention Program offering up to 250 toward past fuel bills and up to 100 for elderly heating costs with strict income limits and an Aug 31 deadline. Also lists local chimney sweeps and tips for storing pears, plus a call for outgrown cub scout uniforms from Sherrod Fountain in High Point.
MENTIONED IN THIS ARTICLE
Department of Social Services
High Point
Social Services Office
S. Main
Debbie Watts
Thomasville
V. A
Greensboro
AAA
Community
Sherrod Fountain
Thousands Of Women March In Washington For Equality
Thousands of women gathered on Pennsylvania Avenue to push for the Equal Rights Amendment and mark the 57th anniversary of women's suffrage. President Carter pledged ERA support and planned a proclamation signing, with Judy Carter named as ERA emissary. more than 70 groups organized the accompanying parade.
MENTIONED IN THIS ARTICLE
Washington
Equality
Pennsylvania Avenue
Carter
Judy Carter
March
Lawsuit Demands LA for Death of Man Shot by Police
Los Angeles awaits a city response as Maria Herbst seeks 2.25 million for her child and herself after Ronald Burkholder, a 35 year old biochemist, was shot six times outside his lab on August 4. Attny Stanley Arnold says a formal suit will follow if ignored.
MENTIONED IN THIS ARTICLE
Los Angeles
Isis Sarai
Ronald Burkholder
Maria Herbst
Stanley Arnold
Miss Herbst
Burkholder
Arnold
Pony Deformed After Years In Stall Near Plaistow
In Plaistow, New Hampshire, a Shetland pony found in a nailed shut stall amid manure suffers severe laminitis and leg damage after four years confined without grain. SPCA investigator Peter Saunders calls the case shocking. the pony, named King, is now in SPCA care with owner Barbara Reed charged with cruelty to animals a misdemeanor carrying possible penalties.
MENTIONED IN THIS ARTICLE
Durham
N.H
Peter Saunders
The
Society For the Prevention of Cruelty To Animals
SPCA
Plaistow
Massachusetts
Saunders
King
Plaistow Animal Control
Don Sargent
Barbara Reed
Also Mentioned on This Page
James McIntyre Jr
PCR
Financial
FBI
J.J. Kirschenfeld
Frank Johnson
Anon
Man
L.A
Herbst
Kurt Barz
Barz
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