High Point Enterprise Newspaper Archives Mar 21 1976, Page 17

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High Point Enterprise (Newspaper) - March 21, 1976, High Point, North Carolina Bailey verdict is Surprise to Bailey san Francisco a Patricia Hearst a defense attorney said saturday the newspaper heiress had Quot wondered if she Ever had a chances at acquittal. F Lee Bailey sat puffing on a cigarette As he faced reporters with fellow defense lawyer Albert Johnson following miss Hearst a conviction on a Federal Bank robbery charge. A she was quite disappointed a Bailey said of miss Hearst a reaction. A she wondered if she Ever had a Chance. In a surprised at the combination of a Quick verdict and a guilty asked if there was anything he would like to have done differently Bailey said Quot i can to think of anything offhand. Both . Atty James a Browning and i went All he said miss Hearst was Hurt most by some of the judges rulings to allow admission of certain documents and testimony about her missing year a especially the time spent in Sacramento during the last year of her in months underground. A i can to think of anything that Hurt her More than having to take the 5th amendment and certain documents including a list of Banks and. Instructions on How to make bombs a he said. Patty guilty from Page i a and coercion at the hands of the revolutionary band she joined in Bank robbery two months after her kidnapping. The jurors were somber As they were polled individually on their verdict. A is this your verdict a asked the clerk of each panellist by name. A yes a each answered firmly. They refused to comment to news Media about their decision. Miss Hearst a parents went into seclusion immediately after the verdict. The jury rated by both sides As among the most attentive Ever seen in a courtroom had accepted the Calm methodical presentation of . Atty. James l. Browning jr., who insisted from the Start that this was a simple Bank robbery trial. A i think any Bank robber is a danger to society a he said after the verdict. For the slim Young miss Hearst the verdict brought the end of one trial but was Only the beginning of More Legal entanglements As she faces other charges in los Angeles. She is charged there with kidnapping assault and robbery a a combination that could bring her a life sentence if she were found guilty. Miss Hearst was to spend saturday night at san Mateo county jail where she has been kept since her arrest in a san Francisco hideout apartment six months ago. It was not immediately known How soon she would be taken to los Angeles for arraign mint. Bailey had said earlier that with acquittal Here it would be easy to win a reduction of the 9900,000 bail on the state charges. But her conviction raised doubts whether the bail would be lowered. Browning said miss Hearst would not be turned Over to the authorities in los Angeles until after her sentencing and perhaps not even then. The state charges Stem from a shooting incident one month after the Bank robbery while miss Hearst was in the company of sym ionese liberation army soldiers William and Emily Harris. The jury a verdict was read at 4 90 . Post in a locked courtroom. The Case went to the panel on Friday eight weeks after the trial began and the decision was arrived at with stunning swiftness. With their verdict the jurors accepted the theory posed by Many government witnesses that miss Hearst was a willing and eager Bank robber a a rebel in search of a cause a who identified fully with the terrorists who kidnapped her on feb. 4, 1974. They rejected her explanation that she had never fully become a Tania a the heroine of the underground but had sprinted into the Hibernia Bank the morning of april 15, 1974, with guns pointed at her Back and a threat that if she did not join the Holdup she would be killed. There were Many witnesses to the Bank robbery who came Forward to testify against her. But the other robbers were dead. After the verdict was read Carter told jurors a was to the verdict you be arrived at it is Well within the evidence of this Case and it will be accepted. You have done the Best you can under the circumstances that were presented to he told them a now that you have arrived at your judgment do not try to second guess yourselves. Judgment Day is a difficult High Point Enterprise sunday March 21, 1976 17a on March 23 vote a for amendment #1 Hospital improvements without tax Money on March 23 you As a voter will vote on amendment #1 to the states Constitution which if approved will permit the state of North Carolina to sell Revenue Bonds to finance vitally needed Hospital improvement and modernization projects. Be tax Money is involved la tide amendment and Thoro Wal be be tax inc Waco of this amandine rot la approved. Health care costs Are expensive As everybody knows and we Are not going to insult anyone a intelligence by implying that passage of amendment 01 is going to bring Down these costs. But amendment 01 will provide a Dollar savings on capital improvement pro acts which can mean a lesser bite out of your pocketbook. The intent of this amendment is to help hold Down the increase in Hospital costs. Passage of this amendment will help hold Down Hospital costs by enabling lower interest Revenue Bonds to be used for building new additions to existing facilities or new hospitals to replace presently obsolete facilities constructing Hospital owned doctors offices and clinics and building or modernizing of laboratories out patient facilities and other Hospital projects. You expect Quality patient care at reasonable costs. Revenue Bonds will save Money because of lower interests costs than conventional financing. By using Revenue Bonds hospitals will save Between 20 and 30 percent in interest costs. Any savings in interest costs saved in interest costs Over the life of the Bond debt. A the difference in lower interests costs represents a savings to hospitals a saving which will be passed on to patients in the form of lower Hospital charges than would otherwise occur. Constitutional amendment #1, if approved will give hospitals an alternate method of financing improvement projects. Over the past to years Federal and state funds available for Hospital construction have steadily decreased. Presently there Are no state or Federal funds available and will be passed on to patients the Hill Burton program has in the form of lower Hospital expired charges than would other All Public City or county Wise result from interest on and Community non profit conventional financing. Hospitals including Church to illustrate How interest affiliated hospitals and costs differ examine the some state hospitals will be total Cost to repay $15 million Able to use Revenue Bonds to borrowed to build a new finance improvement pro Hospital. Using conventional financing the total repayment will be $41,313,000 but by using tax free Revenue Bonds the total repayment will be $35,129,250 a difference of $6,183,750 jets. Hospital projects will be reviewed by the n. C. Medical care commission and the n. C. Local government commission. Any project must be necessary and financially feasible before these commissions will Issue and sell Revenue Bonds. To qualify for tax free Revenue Bonds the Hospital borrowing the Money must Transfer the title to the medical care commission. When the debt is repaid the title is transferred Back to the Hospital. The title Transfer is simply a safeguard. These institutions will still be locally directed to meet Community needs. Under provisions of the legislation permitting the Sale of tax free Revenue Bonds there will be numerous safeguards to guarantee that the Bond debt will be repaid but no state taxes will be died the repay the debt of necessary in Case of default the n. C. Medical care commission can be empowered As a fiduciary or trustee to manage a Hospital until alternate management and fiscal policy changes can be made that will insure the repayment of the Bond debt. Revenue Bond financing is available in Many states in the nation. In order for hospitals in North Carolina to use this Means of financing Hospital improvements projects voters must approve constitutional amendment 01 at the March 23, 1976 presidential preference primary election. With the limited financing options presently available Revenue Bonds will be an economical Way to improve hospitals and maintain Quality patient care at reasonable costs. Of weal Community to amendment #1 a Quality Hospital and patient care this advertisement paid by the North Carolina Hospital association opening tomorrow March 22ndour new Quot express Bank beginning tomorrow morning our new facility on East Kivett drive behind our main office will be open to serve you better and faster with three new drive in windows for your convenience. Try our new Wachovia express Bank this week enter / Wachovia parking bldg Wrennis Wachovia parking Wachovia Mam office main St plus. You have a personal banker at Wachovia Wachovia

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