California corporate code revision signed by Brown
Gov Brown signed the first general revision of California's corporations code since 1931. The measure by Assemblyman John Knox relaxes rules for small firms with 10 or fewer shareholders and closes loopholes for out of state incorporations. It also eases indemnification limits for directors and officers and protects shareholder and creditor rights during reorganizations mergers or capital changes. The law takes effect January 1.
MENTIONED IN THIS ARTICLE
Sacramento
California
Edmund G. Brown
Knox
Corporation of Directors
Third Marine sentenced in 1974 $37 murder case
A 19 year old Marine, Steven Hondo of Elizabeth New Jersey, was sentenced by Santa Ana Superior Court Judge James H Walsworth to five years to life after pleading guilty to second degree murder in the 1974 killing of Joseph Mosac 20 while hitchhiking with a fellow Marine in the Santa Ana Mountains east of San Juan Capistrano. Earlier sentences had gone to Marines Timothy Trice 18 and Donald Fletcher 21 who received life terms for first degree murder. A companion Marine Ronald Sanders 19 who was present escaped injury.
MENTIONED IN THIS ARTICLE
Orange County
Santa Ana
James H. Walsworth
Steven Hondo
Elizabeth
N.J
Rines Timothy Trice
St. Louis
Donald Fletcher
Hawthorne
L A police officer remains critical after collision with fleeing youths
A Los Angeles officer, Vintéht Leusch, 28, in critical condition after his patrol car was struck by an allegedly stolen car fleeing youths near Daniel Freeman Memorial Hospital Inglewood. A second officer had minor injuries. youths were booked for assault with a deadly weapon on a police officer.
MENTIONED IN THIS ARTICLE
Los Angeles
Fiatrol
Daniel _ Freeman
Inglewood
OffisZer Vintéht Leusch
Seery
Criti
Sell Idle Piano With Classified Act
Idle piano owner seeks quick sale via Classified Act. Call HE 2 5959 to arrange price and pickup.
Classified Rates for Home Delivery and Mail Subscriptions
The notice lists home delivery and Sunday rates with daily options. Rates show $4.00 monthly and $48.00 yearly for daily and Sunday delivery, with Sunday only at $2 monthly or $24 yearly. Single copy Sunday is $0.35, daily $0.10. Mail options charge $5.25 monthly for daily and Sunday, or $63 yearly. Sunday only at $3.50 monthly or $42 yearly.
MENTIONED IN THIS ARTICLE
Long Beach
California doctors weigh own malpractice insurance plan
CMA official says physicians may form a self insurance company if current coverage remains costly. Dr. Joseph F. Boyle of Los Angeles cites a reform bill as essential for stability and predictability in premiums, while warning legislation alone won’t solve all liability issues.
MENTIONED IN THIS ARTICLE
The
California Medical Association
Joseph F. Boyle
Los Angeles
CMA
House of Delegates
San Francisco
House
Boyle
Fire Injures Five In Hollywood Taft Building blaze
The Taft Building on Hollywood Boulevard and Vine Street suffered a major fire that trapped several on upper floors. Five people were injured and about 50 were evacuated as firefighters controlled the blaze in about 20 minutes. Three firemen treated at Hollywood Presbyterian Hospital.
MENTIONED IN THIS ARTICLE
Taft
Hollywood
Ing
Hollywood Boulevard
Vine Street
Engine Company 27N
Hollywood Presbyterian Hospital
Weather Picture Unchanged With Hazy Sunshine Today
Forecasters say today will mirror Saturday with hazy sun and highs in the mid 70s. The National Weather Service notes possible coastal drizzle. Coastal and intermediate valleys expect highs from the upper 70s to low 80s.
MENTIONED IN THIS ARTICLE
National Weather Service
Also Mentioned on This Page
Gordon McCollum
Long Beach State University
Joe C. Hughes
Super Stearman
Ottumwa
Iowa
McCollum
Reno
M.D. Washburn
Houston
John Knox
Richmond
L.A
Leusch
Independent Press-Telegram
Tion
Dior
Christian Dior
Marina
Lakewood
la Habra
Pomona
Palos Verdes
Hewport Center
San Diego
Laguna Hills
Arcadia Westminster
Lou Louis
Sundarm Sportswear
Newport Center
Arcadia
Newport
Westminster