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Early Decision On Turnpike Bond Financing Sought
James W. Shaknessy, chairman of the Ohio Turnpike Commission, said he would ask New York bankers to decide within a week whether to proceed with bond financing of the super highway despite a lawsuit filed by a Maumee landowner seeking to halt the project.
MENTIONED IN THIS ARTICLE
Columbus
James W. Shacknessy
Ohio Turnpike Commission
New York
Maumee
Bold action urged in highway suit decision
The commission chairmen called the act unconstitutional and entirely without merit at yesterday’s meeting. Shacknessy said bold action may be necessary soon and that the commission and bankers must decide how aggressive to be. The panel hired Fuller Harrington and Seney as special counsel to aid the suit and reported $355,046 spent so far on the 180 mile Maumee river to Pennsylvania line road.
MENTIONED IN THIS ARTICLE
Commission
Shacknessy
Bankers
Fuller, Harrington and Seney
Toledo
Maumee River
Pennsylvania State Line
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