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News in Frederick, Maryland

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

News

Location

Frederick, Maryland, United States of America

Date

Apr 23, 1991

Page

19

Frederick broker’s assets frozen amid fraud allegations

Federal regulators froze the assets of Foster-Browner Financial Associates in Frederick after evidence the firm defrauded investors. SEC investigators accuse Gary Slaughter, 44, of selling bogus stock and diverting about 204000 of client funds to operating expenses and personal use. A court orders him to stop selling stock and limit activities pending further hearings.

Frederick Gary Slaughter Foster-Browner Financial Associates Slaughter Baltimore SEC Wnte Foster-Browner Louis Becka Securities and Exchange Commission Foster-Brawner Foster Foster- Brawner Nellie Saville Foster- Browner Ms. Saville Hts

Two Maryland firms file for Chapter 11 reorganization

Two area companies, OBA Inc doing business as Wyn FM in Washington County and Universal Biotechnology Inc in Rockville, filed in U S Bankruptcy Court for the District of Maryland under Chapter 11.

Maryland District Court Rockville OBA Inc WYNFM Washington County Universal Biotechnology Inc

Loyola Capital Reports First Quarter 1991 Results

Loyola Capital Corp reports net income of 2.3 million or 50 cents a share for Q1 1991, matching prior year earnings. Noland Co posts a loss of 839 thousand or 23 cents a share for the quarter. First quarter sales reach 86.7 million, down 17.8 percent from 1990.

Loyola Capital Corp Noland Co

Legg Mason Maryland Tax Free Income Trust Ad

Legg Mason promotes a Maryland tax free income fund for residents promising exemption from federal and state taxes. It cites changes in deductions hurting single filers with income around 49,300 and offers a free prospectus detailing sales charges and expenses. The ad urges careful reading before investing and notes tax parts like alternative minimum tax and long term gains.

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Frederick Professional Women’s Network ProNet Frederick County Lynn Tillery Wil Hood College Chapel APR SAAB Brewer's Saab, Inc Main St Maugansville SashScasie Finance Saab Beale Qachaye Jackie Omenitech Jack Juliann Omenitsch Middletown Peoples Drug Store Michael Swarner P.D Hagerstown Jackie Edith Delviks Frederick Towne Mall Maryland National Bank Mary Jane Sanders Rosemont Avenue Loyola Report Noland Woodsboro Savings Bank N. Main ST Woodsboro FDIC The Legg Mason Maryland Money Management Legg Mason Legg Mason Wood Walker, Inc New York Suna Cacdang ENC SIPC FCNB Frederick County National Bank Banlang Frederck County
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