Alaska oil could fuel Seattle area refinery first
ARCO officials say Cherry Point refinery near Bellingham may receive Alaska crude as the first tanker load. Uncertainties linger over timing and which company will load first, with Sohio and Exxon also weighing initial shipment plans to their refineries.
MENTIONED IN THIS ARTICLE
Seattle
Atantic Highfirkt Co
Cherry Point
Alaska
ARCO
Manny Jimenez
Los Angeles
Wherry Point
Bellingham
Exxon
Ker
Benivia
Sao
Plan to let elderly defer property tax payments
A California legislative conference committee approved a plan allowing homeowners aged 62 or older with household income of 20 000 dollars or less to defer property tax payments until sale or death. The state would place a lien and collect back taxes plus nine percent annual interest when ownership changes. The proposal aims to protect fixed income seniors from tax value spikes, but some cases may lose money if taxes exceed sale price. The panel faced deadlocks on local revenue limits and funding estimates, delaying a bill ahead of recess.
MENTIONED IN THIS ARTICLE
Sacramento
Legislative Conference
Tieus
Nicholas Perris
Oakland
Crat
Bill Lackyer
D-San Leandro
Department of Finance
Cliff Allenby
Department
Bay Area Rapid Transit suits settle for 28.7 million
Firms that helped build and design the Bay Area Rapid Transit system agreed in principle to a 28.7 million settlement of a lawsuit alleging faulty equipment and design flaws. The deal, not admitting wrongdoing, awaits final terms. BART cited automatic train control issues and car malfunctions among the problems plaguing the system since its 1972 partial operations.
MENTIONED IN THIS ARTICLE
Oakland
Bay Area Rapids
BART
Mike Healy
Parsons Brinckerhoff-Tudor Bechtel
Rohr Industries
Westinghouse
Parsons Brinekerhoff-Tudor-Bechtel
Raven
Minors win right to hearings before state hospital admission
California Supreme Court ruled minors 14 and older must have a hearing before parental placement in a state mental hospital. The decision in Roger R. v. Napa State Hospital requires an appearance for the minor, evidence, cross examination, and a neutral decision maker, though it denied immediate release.
MENTIONED IN THIS ARTICLE
San Francisco
California Supreme Court
Roger
Donald Wright
Napa Hospital
CDs as an Investment Timeframe Questioning Continuity
The piece discusses whether certificates of deposit remain viable, noting high liquidity and rising interest rates, while contrasting CDs with municipal bonds, corporate bonds, and preferred stocks offered by Panie Webber. It mentions tax implications, deferred annuities, and government securities as alternatives, urging timely consideration of rate opportunities.
MENTIONED IN THIS ARTICLE
Manis
Paine Webber
Alperner
Robert Tanking
Vic Webber
Ane Ween
Tan Webber
Tavesong
Neekly
Pany
Sie Baidace
Vain Webber
Von
Baer
Govrl
Borate
Webber
Plate Collectors Save Their Dollars Minnepolis
A group in Minneapolis gathers to promote plate collecting through a club event. CALHEANs Collectors Society charter members invite enthusiasts to taste plates, sponsor by Calvin Cotten and Cathars Crulgetears Lewity. The notice lists an event on September 9 at Appletree Square with coffee and socializing.
MENTIONED IN THIS ARTICLE
Minneapolis
Ancole Joctia
Stafford Coatvin
Calhean
Farid Calheaua
Calvin Cotten
Calvin
Cathars
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el Monte
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