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Scottsdale Progress in Scottsdale, Arizona

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Scottsdale Progress

Location

Scottsdale, Arizona, United States of America

Date

Aug 19, 1963

Page

5

Par Value Blurs in Stock Merger Tax Rules

A reader asks if a merger with par values differing from the original stock creates a tax loss. The answer: no loss exists. cost basis transfers to the new shares. If the new shares sell for more, a gain results. Additional notes cover Wood Newspaper Machinery stock and investment advisory services.

Internal Revenue Service

Racquet Club Plans In Limbo Amid Court Case

Plans for the Racquet Club at 5700 E. McDonald Drive are in doubt after a Superior Court suit by Arizona Savings and Loan Association receivership to force sale. The suit accuses buyers Braiker and Wachter of failing to pay 289144 due August 1, while a second down payment of 100000 was made and a 2500 monthly schedule agreed. Louis Levine is named with a 100000 down payment and a second mortgage. Club manager Nick Quarty offered no comment on the future while Frank Thomas seeks a use permit for resort units and Braiker sought a 200 room hotel on Camelback Mountain but was rejected by the town planning commission.

E. McDonald Drive Arizona Savings and Loan Association Morton Braiker M. F. Wachter Louis Levine Braiker Nick Quarty Frank Thomas Club Paradise Valley Camelback Mountain Town Planning and Zoning Commission

Lunches a bargain as Scottsdale schools hire long-time food officer

Miss Ruth Goodman named assistant to the director of food services in Scottsdale District to train 185 employees across 19 schools. The 25 cent daily lunch serves 15 000 students and aims for $1.1 million in yearly sales. Goodman, Cornell and University of Chicago graduate, brings 20 years in the field and will standardize menus, cut waste, and supervise equipment use as she builds efficiency across district kitchens. She has taught at Cincinnati and Minnesota institutions and served in the Red Cross during World War II era.

Ruth Goodman Scottsdale Goodman Cornell Univer

New Southwest Area Climatologist Based at ASU

Milton L. Blane is named the Southwest Area Climatologist for the Office of Climatology, U S Weather Bureau. He will office at Arizona State University in Tempe and supervise state climatologists in six states. The role shifts duties from the southeastern region and focuses on arid zone climatology amid ASU growth.

Phoenix Milton L. Blane New Southwest Area Office U.S. Weather Bureau Arizona State University Engineering Arizona Colorado Nevada New Mexico Oklahoma Texas Utah Blanc Florence Margery Paul Christine Scottsdale Granada Rd Climatic Advisory Services Office of Climatology Washington D.C Southwest Area Southeastern Weather Bureau ASU The Tempe Blane Weather Bureau Service Des Moiines Iowa Kansas Florida University of Maryland Commission For Agricultural Meteorology World Meteorological Organization United Nations Agency U.S Paris Warsaw Toronto American Meteorological Society American Society For Agronomy Washington Academy of Sciences Alpha Zeta Agriculture

Sgt York Off Serious List At Veterans Hospital

World War I hero Sgt. Alvin C. York, admitted after a fever, was taken off the serious list at the Veterans Hospital in Nashville Tennessee Sunday night. Officials could not determine the fever's cause and York was brought from Pall Mall Tennessee last week for treatment.

Nashville, Tenn UPD Alvin C. York Veterans Hospital York Pall Mall Tenn

S&H Opens Large Stamp Redemption Center at Thomas Mall

Sperry and Hutchinson Company leases 10,890 square feet at Thomas Mall on Thomas Road and 44th Street for its Phoenix stamp redemption center. It is the state's largest of 10 and one of more than 800 nationwide. Manager Mrs. Juanita Deubler will run the 1,140-foot enclosed mall space with conveyor-belt service to customers.

Sperry and Hutchinson Company Phoenix Stamp Redemption Center Thomas Mall Thomas Road 44Th Street S&h Juanita Deubler 26Th Place Phoenix

Also Mentioned on This Page

William A. Doyle Q. I Cor. 5Th Ave N. Scottsdale Rd APT Ty Panavision United Artists Food Services Bill Pedersen Sity University of Chicago Miss Goodman Cincinnati Ohio University of Cincinnati New York Australia Philippines New Guinea Germany American Red Cross University of Minnesota St. Paul Minneapolis Public Schools University of Colorado Denver Public Schools Food Service Pedersen Mrs. Goodman Sgt. York VA Hospital Sterling Scottsdale Road Thomas Guain Featuring City Hall Boys Club C. of C State A.S.A. Sports Charities Goldwater Childs Considine Drummond Freeson McDowell Molly Mayfield McGill Vaughan Jane Arden Blasr Blair Ferdinand David Crane Mickey Finn Red Ryder Superman Buz Sawyer Scottsdale Daily Progress
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