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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - March 29, 1973, Lethbridge, Alberta IT WAS VERY KIND OF WTO RU N ME 'OME. VOU CAN PROP ME'ERE, I LIVEIUSTAFEW Walters trial continues Things may hav Thursday, March 29, 1973 THE HTHBRIDGt HERALD IS different Repeats 1971-72 performance Lysiak wins second title CALGARY (CP) Centre Tom Lysiak of Medicine Hat Tigers has become the second two-time winner of tlie West- ern Canada Hockey League scoring race. Lysiak finished the season with 154 points on 58 goals and 86 assists to go with his win- ning performance in the pre- ious season when lie scored ing for the Flin Flon Bombers. In the 1967-68 season Cla-rke scored 168 points, including a league-itecord assists. Lysiak's 96 assists were the most this season. Official statistics released 143 points. The double win put him in the company of Bobby Clarke of the Philadelpliia Flyers who took the title twice when play- SCORINS LEADERS this week show Dennis Sobchuk of Regina Pats second to Ly- siak with 147 poinls, seven off the winning total. Lanny McDonald of Medicine Hat was third with 139 points and Darcy Rota of Edmonton Oil Kings was fourth with 129. Tom Lysiak, M.H....... Dennis sobchuk, Reg. Lanny McDonald, M.H. Darcy Rola. Bdm. BJalne stoughtcn, F.F. Wayne Bianchln, F.F. Ron Chfpperfield, Brand. Vic Mercredi, H.W...... Mike Rogers, cal........ Boyd AntferEon, M.H. G A PIS. 58 154 67 147 62 77 139 73 56 129 58 60 113 60 51 114 72 41 U3 52 61 113 54 58 112 48 44 112 VANCOUVER (CP> A rep- resentative of a company which underwrote a stock offering of Northwest Sports fc-ntcrprises Ltd. in the fall of 1970 said Wednesday his company "would not have proceeded with the of- fer" if it had known that some of the proceeds were .to be used to pay off debts of Medical In- vestment Corp. reme Court trial of Tom Seal- en and Lyman Walters. North- west Sports is the parent com- pany of Vancouver Canucks of ihe National Hockey League. Scallen, president of both Medicor and Northwest Sports, is charged with theft of ?3 mil- lion by illegally converting the money, the property of North- west Sports, to the use of Medi- cor. Scallen and Walters, vice- be added to working capital of Northwest Sports and could used to acquire companies, es- pecially in the sports, leisure and recreational fields. Mr. Horsey said no specific use for the working capital was ever disclosed to him. Under cross-examination, Mr. Horsey said he had a number of discussions with the under- writers of issue, Royal Securities, and with Scallen and Walters. He also agreed it was decided not to market the ilsue in the spring or summer of 1970 because the money market was bad. He said there was a slight change in the purpose of issue section of the prospectus after the draft copy of the document was sent'to security commis- sions across Canada. "I know they asked further details on the purpose of the is- he said. One change was that the term "short-term interest-bearing ob- ligations" in the draft pros- pectus was changed to "short- term interest-bearing secu- rities" in the final copy. "In ray view, there's little dif- ference in the two Mr. Horsey said, adding that secu- rities is a much broader term in the financial sense than obli- gation. Both Mr. Connor and Mr. Horsey agreed under cross-ex- amination that one of their was to make sure the pros- pectus was prepared properly. Lakers upset things Rota was top goal scorer will 73. Seventeen players, more thai any previous year, finished with more than 100 points. Ed Humphreys of Saskatoon Blades was the top goaltender with a 2.57-goaIs-against aver- age and five shutouts. Bob Gasoff of Medicine Hat spent the most time in the pen- alty box 138 minutes, five more than the record set in 1967-68 by Craig Hcichrmith of Flin Flon. inor hockey Three goals by Cam Mac- ney notched two goals apiece Lennan paced the Lethbridge and led the Lethbridge Mar- Colts to an 8-7 win over Bow lands to a 7-3 victory over Island Wednesday evening and Vauxhall in Pee Wee action LEASE BEATS BUYEMG! orget trie worry of finoncing vehicle obsolence. LEASE Diem tne bpuu league litle-Greg Kveder tallied twice for the winners with singles going to Bill Zaroobcn, Cliff Miya-shiro and Michel Dumont. Robin Knibbs notched three goals for the losers. nignt. Mark TJlly, Kelly LietcH and Todd Takeyas chipped in with solo markers. In Pee Wee play Wednesday night, the Pintos scored a slim 2-1 win over the Vikings. 1973 TORINO 4 dr. Pit H.T., V8, auto, Jerry Roth, David Boosz and Norm Hopkins Cameron and Steve Tsujiura tallied a goal each >.B., H.D. susp., wheel solo Perry Odney replied for 36 mo. net Gepneris and Bob Vikings. dONTH LEASE 1973 PINTO SQUIRE clubs earn Auto, radio, roof rack 36 net miles 7 a GO PER MONTH fi.OO LEASE clubs registered shutouts in four City Men's Rovers an easy 4-0 win over the Correctional Institute. ECONOLINE CARGO VAN, 123" w.b., 302, auto, H.D. susp., 36 monlli net 36.000 mile League games staged at ths Civic Ice Centre. Honda opened the Zimmer and Andy Nic-as chipped in rath single markers while Les Hewlett earned the decision in the nets. PER MONTH scoring a slim 1-0 Kocsinko racked up GET YOUR ONE BEST DEAL. superinr matnrs PH 2.2ii-3Siiy _ ty over Sunburst Ceramics. Ernie Langridge notched the solo marker for Honda while Lloyd Mercer picked up the shutout. Roger Rombough rifled in ninth shutout of the season as he helped the Red Devils drop the Liberty Boilers 3-0. Tom Virostck, George Stim-atz and Dave Smith tallied for of goals and gave Devils. president of both companies, are charged with issuing a false prospectus between Aug. 1, 1970 and Dec. 31, 1970, with the in- tention of inducing the public to purchase shares in Northwest Sports. Medicor controls North west Sports through a 60-per cent holding. Mr. Conner said he wa present on at least four occa sions when discussions wer held on the wording of variou sections prepared for the pros- pectus outlining .the offer of the shares. WOULD HAVE STALLED Asked by Crown prosecutor Ray Paris what the effect would have been on tlie under- writing if he had known it was intended to use the proceeds from the sale of Northwest Sporfs stock to pay Mediow debts, Mr. Connor replied: would have proceeded with the offer." Asked then what the effect would have been on the under- vriting if he had known Medi- cor intended to place the money a bank having a capital- By THE ASSOCIATED PRESS By beating Golden State 96-C9 in their regular season finale Wednesday night, Los Angeles Lakers made their long Na tional Basketball Association season one game longer. Or did they? The victory gave Los Angeles defending NBA champions, 60-22 record for the regular sei son, the same mark as Mi1 waukee Bucks. Under the revised NBA play off rules, the team with the bes record in each conference play the team with tlie fourth-bes record, while No. 2 plays No. 3 The NBA had announced tha in the event of a tie, Los Ange les and Milwaukee would mee in a one-game playoff Friday i Milwaukee. But after a 15-minule tea meeting Wednesday night, 1 kcrs1 player representath Keith Erickson said lie had con- sulted with Larry Fleischer, lawyer for the NBA Players' Association, and been told that the league could not require them to play the extra game. "The ultimate decision on what to do will be made by two people, Fleischer and NBA commissioner Walter Ken- Anton close, record at 5-2 CHAHLOTTETOWN (CP) After winning the Canadian a key game in mixed curling championship Wednesday, skip Jim Armstrong of British Co- A --i" ip zation of Mr. Connor said he would have thought the >ank an "inappropriate" place o deposit the money, He also said that if the bank where the money was to have jeen placed was a subsidiary of Medicor, it would be a "less than arm's length transaction." and should have been disclosed in the prospectus. Under cross-examination by STORES Corner 3rd Ave. and 8th St. S. Phone 327-8548 firesfone FRONT END ALIGNMENT Fireslone Riding System Service specialists will carefully align botli fronl wheels, plus check your balance, brakes, shock absorbers, battery and mufffer. Torsion Bars and Air Conditioning Fxtra. LIFETIME SUPREME BATTERY Guaranteed until you trade your car! SP24C: Chev., Pcmiac. Doriqfl Plymouth ears. 828 88 exchange. Fils most tars wilh bin moioii and optional Allan McEachern, lawyer for Walters, Mr. Connor said he had not read the B.C. Securities Act but would have depended on Royal Securities legal counsel to advise him on legal matters. Mr. Connor said the issue was first to have been marketed in the spring of 1970 and it was decided not to proceed because market conditions were bad. STOCK SALE 'DIFFICULT He said the sale of the stock was "difficult" although the shares were eventually sold. Earlier, Edward F. Horsey, a lawyer who acted for Northwest Sports in the financing, said the use of proceeds section of the prospectus estimated Northwest Sports would gain for the stock after payment of ex- lo this section Erickson said. SPLIT THE POT Erickson noted that in stead of playing an extra game, a com toss could determine the playoff pairing and the teams could split the involved. In oilier NBA regular season finales, Boston Celtics whipped Baltimore Bullets 120-101. Hous- on Rockets beat Buffalo Braves 133-122, Detroit Pistons defeated Cleveland Cavaliers 131-119 in overtime and Phoenix Suns edged Seattle SuperSonics 127-125. Rail Goodrich scored 13 of his game-high 26 paints in the third quarter, when Los Arigeles out- scored Golden State 29-16 to erase a seven-point halftime deficit. Lakers centre Wilt Chamber- lain took only one shot against the not taking a single shot against Milwaukee Tuesday finished the regular season with a record 72 cent shooting mark from field, the first man ever to lumbia said "there are too many teams tied with two losses to call it over yet." When Sam Richardson of Re- gina won his fifth game in six starts Tuesday night, the com- ment was "anybody with two losses is definitely in the race." Even Barry Fry of Winnipeg, leader after eight rounds with a 7-1 record, agreed with the op- position following B.C. victories in the seventh and eighth draws of the 11-rink round-robin tour- nament. "There would be people that wou'.d srsy the draw now favors said Fry, a 33-year-old salesman. "This is because the other contenders have games against each other while we meet so called weaker oppo- nents." He said some will be put out I of the race by playing each other "and our hope is that can get through our games with New Brunswick and P.E.I." Manitoba, after its' third title 1 in the 10-year history of the tournament won 9-3 over Rene Roy of Metane, Que., in the eighth round after defeating Richard Boyce of Dartmouth, women were named for the competition at the Charlotte- town Curling Club and two were used Wednesday. Sleeves dislocated Ms right shoulder while throwing his last rock on the 10th end in the sev- enth round against B.C., and was replaced by Dave Kassner of Charlottetown who has been a member of a P.E.I, rink twice in the men's champion- Biiffey ailing CHICAGO (CP) Vern Buf- fey, referee-in-chief of the World Hockey Association, was admitted to the intensive care unit of the Forkosh Memorial Hospital Wednesday night, com- plaining of chest pains. He became ill while watching the Winnipeg Cou- gars game at the Chicago Am- phitheatre.. He was taken to hospital in a Chicago fire de- artment ambulance. Hospital officials said early oday Buffey was resting com- ortsbly and in fair condition. They would not, however, elabp- penses. According which outlines what the pro- ceeds are to be used for, about was to be used to retire some of Northwest Sports in- debtedness, SSM.OOO was to be used to pay NHL clubs for the franchise on June 1, 1971, and the remainder was to One fight million? SAN DIEGO (AP) Heavy- weight champion George Fore- man climbed into the ring with Muhammad Ali Wednesday, but the verbal sparring session gave no indication of wheiher a fight between the two is in the works. Foreman, here to receive an award, responded to All's taunts of "you're mine" by saying: "If you can whip Joe Frazier's ;parring partner, maybe you1 II ready for Joe Frazier. Ken Norton's better looking than you, younger and stronger." Ali feigened outrage and told the crowd of 500: "You're look- ing at the prettiest fighter in the world, and the ugliest." 'Who's the asked Foreman menacingly. Uh I am." said Ali. He rjuickly added to the crowd, I'll say anlhing IMS wants to gel his name on a contract." But Foreman's business man- ager, Leroy Jackson, said later a reported offer to meet Ali wouldn't be enough for Foreman. "We'd want a millon fight or Jackson said zu! Foreman nodded. Winners Myrna McQuome and her rink won the Elizabeth Aird memorial trophy Tuesday after defeating Enid Pep- per in eight ends. McQuar- rie, the B champ, bounced Pepper twice to win the trophy. The arc, from the top, lead Barb All- sop, second Barb Davies, third Rila Tarnava and skip McQuarrie. The gats receive individual trophies at the annual gen- eral meeting April 18. 1 ONLY 1972 ESA Thunderbolt Reg. NOW N.S., 8-3 in the morning draw. EAST Two other Prairie Anton of Edmonton and Rich- with Armstrong and his Richmond, B.C., four- some, left little chance for Eastern rinks after four days ol action. Richardson had six wins am two defeats while Armstrong and Anton were both 5-2. At 4-3 were George Kilmer o St. Catharines, Ont., and Doug Cameron of Charlotletown. will Richard Boyce at Kapas kasing's John Ross, competini for Northern Ontario, was 2-5 followed by Jim moved up from second to skip to replace injured Ed Sleeves, at 2-6 and Boh Cole and Ren Roy both with 1-6 records. In the eighth round, Sas katchewan edged Newfoundlan 10-8 with a steal of two point on the eighth being the key end; B.C. nipped P.E.T. 6-5 on an extra end when Cameron wrecked on a guard with his first shot; Nova Scotia topped New Brunswick 5-4 and Alberta bombed Northern Ontario 10-2 with five points on the ninth end.- Other seventh-round results were P.E.I. 13 Northern Ontario 5, Alberta G Saskatchewan 5, Ontario 11 Newfoundland 3, and B.C. 6 New Brunswick 5 on an extra end. Ten spares, four men and six ate on the extent of his lit ment. SPRING SPECIAL SPECIAL PURCHASE ON NEW 1972 SUZUKI ROAD BIKES GT 550 INDY 3 cylinder, electric start. Replacement Price ......NOW GT 750 LE MANS 3 cylinder, electric slnrl, water cooled 1973 Replacement Price NOW These '972 Suzuki Motorcycles are special buys and oro in limited supply. BSA SPRING SPECIALS 1 ONLY 1972 BSA Lightning Aik for JOHN SIMPSON CYCLE LTD. 913 3rd AVE. S. PHONE 327-3221 CLOSED MONDAY OPIM THURSDAY ANB FRIDAY UNTIL 9 P.M. DS-SYSTON 15% Granular Controls all aphids, including strains resistant to chlorinated hydrocarbon Insecticides. Long-lasting control up to 6 to 8 weeks after application, No protection gaps. Protection starts the instant plants emerge. More natural insect control.lnsecticide inside the plant can't destroy beneficial insect populations when applied as directed. For clean, healthy potatoes, give aphids and leaf hoppers a smack in their suckers the instant they sit down to dinner. Apply Dl-SYSTON 15% Granular as you plant Your dealer has it now. RESPONSEabilHy to you and nalurt CHEMAGRO LIMITED 77 City Centre Driva Mississaugua, Ontario ;