Thrift officers and actor sued over $130 million scheme
A class action filed in Maricopa County Superior Court accuses Lincoln Thrift and U S Thrift Association officers Robert Fendler James Holman and Leonard Forman along with actor William Holden of fraud and misrepresentation. The suit seeks about 20 000 deposits totaling 50 million and alleges a Ponzi scheme with false insurance claims and improper use of investor funds. It notes receivership of the firms and seeks damages for thousands of depositors led by a Phoenix law firm secretary.
MENTIONED IN THIS ARTICLE
Phoenix
Lincoln Thrift
U.S. Thrift Association
William Holden
Maricopa County Superior Court
Robert H. Fendler
James R. Holman
Leonard H. Forman
Darlene Ryan
Alison
Holden
John F. Holman
U.S. Thrift
Tucson
U.S. Securities and Exchange Commission
Arizona Corporation Commission
State Department of Insurance
Fendler
Holman
Forman
Local depositors plan meeting over Lincoln Thrift loss
The Lincoln Thrift Protective Depositors Group will meet at 2 p.m. Sunday at the Park Scottsdale One clubhouse 6043 N Granite Reef Rd to discuss reclaiming funds from the Lincoln Thrift Association. About 90 members seek updates from the receiver and Judge Craig on liquidation and may hire counsel.
MENTIONED IN THIS ARTICLE
Lincoln Thrift, Protective Depositors Group
Park Scottsdale
Granite Reef Rd
Lincoln Thrift Association
Securities and Exchange Commission
Louise Jankus
Jankus
Craig
U.S. District Court
Walter E. Craig
Girl Hurt In Collision On Cholla And 68th Streets
A 16 year old North Scottsdale girl, Peggy Espinoza, was treated and released from Scottsdale Memorial Hospital after a bicycle collision with a car on Cholla and 68th Streets Monday morning. Barbara Davis, the 41 year old driver, said icy windshield may have blocked her view. she was not cited.
MENTIONED IN THIS ARTICLE
North Scottsdale
Scottsdale Memorial Hospital
Cholla
68Th Streets
Peggy C. Espinoza
E. Gary Rd
68Th Street
Barbara L. Davis
67Th St
Espinoza
Davis
Frances M. MacDonald 57 Dies in Scottsdale
Frances M. MacDonald 57 died Monday at Scottsdale Memorial Hospital. Former New Hampshire postmaster, born in Maine, resident of the Valley seven months. Survived by husband George A. and three out of state relatives. Services set for 10 a.m. Wednesday at Messinger Mortuary Chapel with interment at Paradise Memorial Gardens. Friends may call 7 to 9 p.m. today.
MENTIONED IN THIS ARTICLE
Frances
M. MacDonald
Messinger Mortuary
Indian School Rd
Paradise Memorial Gardens
E. Shea Blvd
MacDonald
E. Heatherbrae
New Hampshire
Scottsdale Memorial Hospital
Maine
George A
Ronald G
Roger
Shelley M.) Cogan
Scottsdale
Clara C Christensen dies at 73 in Phoenix area
Clara C Christensen 73 of Scottsdale for 34 years and later Phoenix died Sunday at Doctor's Hospital. Born in Regan Nebraska she moved to Arizona 51 years ago and attended Seventh Day Adventist Academy in California before settling here. She was survived by husband Edward H daughter Mrs Donald Walter of Scottsdale a brother and sister out of state one granddaughter and one great granddaughter. Services were held at Messinger Mortuary Chapel and interment followed at East Resthaven Cemetery Phoenix.
MENTIONED IN THIS ARTICLE
Clara Christina Christensen
Scottsdale
Phoenix
Doctor's Hospital
Regan, Neb
Christensen
Seventh Day Adventist Academy
St. Helena
Calif
Arizona
34Th St
Edward H
Donald Walter
Messinger Mortuary
East Resthaven Cemetery
Bar Amends Fee Arbitration Rules in Arizona
The State Bar of Arizona reports amendments to its fee arbitration committee rules to better protect the public. The changes include adding laymen to arbitration panels and authorizing hearings even if the lawyer refuses to participate.
MENTIONED IN THIS ARTICLE
Phoenix
State Bar of
Arizona
State Bar
Board of Governors
Bar
City dirt stash deal clears way for church developer
A Phoenix church and Kensington West Corp kept 100 truckloads of city owned fill dirt illegally delivered on a sewer project. City engineering and parks officials arranged the agreement with the contractor and involved Greek Orthodox Church members including former councilman John Katsenes.
MENTIONED IN THIS ARTICLE
Phoenix
City Engineering
Kensington- West Corp
Greek Orthodox Church
John Katsenes
Group joins suit over APS electric rates in Arizona
POWER group representing APS residential customers was allowed to join the federal lawsuit as a defendant alongside the Arizona Corporation Commission. The action concerns how APS sets electric rates and was accepted without opposition on Monday.
MENTIONED IN THIS ARTICLE
Phoenix
Arizona Public Service Co
APS
Arizona Corporation Commission
Tax Credit Errors Alarm Maricopa Assessor
Maricopa County assessor Ken Kunes reported about a dozen motorists called Monday claiming vehicle tax credits they did not deserve. He warned of widespread errors in issuing the credits and related license renewal notices.
MENTIONED IN THIS ARTICLE
Phoenix
Ken Kunes
Maricopa County
Kunes
Buell Tire Cited For Nonconforming Sign Over Gas Pumps
The Buell Tire Co. faces citation for a non conforming sign atop its awning covering gasoline pumps at the northeast corner of Scottsdale Road and Main Street. Timothy Bray of the development office said notice was given December 29 with 30 days to remove the sign after recent painting.
MENTIONED IN THIS ARTICLE
Buell Tire Co
Timothy Bray
Buell Tire
Scottsdale Road
Main Street
Burglaries Hit Scottsdale and Chaparral High Schools
Police report says Scottsdale High School was broken into twice and Chaparral High once during Christmas break. Losses total $1,759 with a turntable, tape deck, speakers, jaw vice, tire changer, two gas regulators, and tools taken. Authorities note the size of some items implies multiple suspects.
MENTIONED IN THIS ARTICLE
Scottsdale High School
Chaparral High School
Scottsdale High
E. Indian School
Floyd P. Woodward
Scottsdale
Chaparral High
City Council considers bus subsidy and Vista del Camino bike path
The Scottsdale City Council will vote on transferring 12 000 dollars from the contingency fund to extend bus service through June 30 and seek an additional 24 000 after March 1. It will also consider bidding a new 2 400 foot bicycle path in Vista del Camino Park and a McDowell Road underpass project. bids for two McCormick Ranch water reservoirs may be rewritten. Adopting 1976 77 budget priorities is on the agenda.
MENTIONED IN THIS ARTICLE
Vista del Camino Park
Phoenix Transit
Scottsdale
McDowell Road
Roosevelt Street
Federal Bureau of Outdoor Recreation
McCormick Ranch
Supervisors Lift Wage Freeze For Maricopa County Employees
The Board of Supervisors voted four to one to reinstate merit pay and a 5 percent across the board raise effective January 1 1976. Henry H Haws was elected chairman for 1976, a post he has held in 1971 and 1973. Eldon Rudd dissented citing economic concerns.
MENTIONED IN THIS ARTICLE
Maricopa County
Board of
Supervisors
Eldon Rudd
Henry H. Haws
War
Haws
Tennis club seeks lighting approval before PV planning panel
Paradise Valley planning commission will hear Foothills Tennis and Swim Club request to amend its special use permit for lighting on courts at Doubletree Ranch Road and Tatum Boulevard. Meeting 7:30 p.m. Town Hall. quorum risks could cancel.
MENTIONED IN THIS ARTICLE
Paradise Valley
Town Planning and Zoning Commission
Foothills Tennis and Swim Club
Doubletree Ranch Road
Tatum Boulevard
Re Town Hall
Invergordon Road
Lincoln Ve
Lincoln Plaza Medical Center
Fire causes minor damage to home on Hayden Road
A motor home fire from an unknown cause started in the front bedroom at 3825 N Hayden Rd. Rural Metro Fire Department reported minor damage to contents, a $25 loss, and no injuries. The fire spread toward curtains but smoke did not cause damage. Carroll Wynn owned and occupied the residence.
MENTIONED IN THIS ARTICLE
Hayden Rd
Metro Fire Department
Cnema
Carroll Wynn
Wynn
Youre Never Too Old To Hear Better
Beltone in Chicago announces a free offer of a non-operating miniature hearing aid to anyone replying to the advertisement. The ultra light aid weighs under a third of an ounce and sits at ear level, provided at no cost to the recipient. Write for yours now to Beltone Electronics Corp. Dept. 9106.
MENTIONED IN THIS ARTICLE
Chicago
Ill
Beltone
Beltone Electronics Corp
Also Mentioned on This Page
Bestone
BUELL
Bob Jonnstone
Thrift Officers
Frances MacDonald
Clara C. Christensen
E. Shea
Associated Press
Llegal
Alex,Althea
Gary Yutze
Alejandro’s
E. University
DIAL
Robert Winkler
Lincoln Drive
Lincoln Plaza
Humingbird Lane
James P. Fallis
Museum of
Russia
Green Acres
Hayden Road
McDowell Rd
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