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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Oct 30, 1981

Page

1

North Ridge Investment files Chapter 11 in Cleveland

North Ridge Investment Corp and 17 subsidiaries seek Chapter 11 protection in the U S Bankruptcy Court in Cleveland. The move stays lawsuits totaling about 24.0 million dollars, lists 412 creditors, and aims to craft a reorganization plan within 120 days while assets are valued around 30.5 million. Hertz, spokesman, notes the process will involve unsecured creditor committees and court-approved management.

North Ridgeville North Ridge Investment Corp Frank Dettore Cleveland U.S. Bankruptcy Court Lorain County Harlan Hertz Dettore North Ridge Investment Hertz Savings and Loan

Parole shock for killer in 1978 Berea youth death

Strongsville officials and prosecutors protested William T. Peterseim's release after the Ohio Parole Board granted parole following three years of an 11 to 45 year sentence for the 1978 shooting death of 15 year old Robert Squire. The decision drew anger from police Capt. Donald Hawk and others who argued he should not have been eligible and that notification to prosecutors was missed. Parole includes psychiatric treatment. Squire's father called the action outrages and incomprehensible.

Strongsville Ohio Parole Board William T. Peterseim Berea Common Pleas John L. Angelotta Parole Board Peterseim Donald Hawk Max Senecker Hawk Robert Squire Cuyahoga County Donald Nugent Nugent Asst Michael Corrigan Squire Alan P. Squire

Teens drive ends in crash at Elyria Country Club

Two teenagers in a stolen car were pursued by Elyria police until they ditched the vehicle on the fifth hole and fled before being captured. Police towed the car, four cruisers chased through the course, minor damage reported with greens undamaged and repairs set for Wednesday.

Elyria Club Rich Casabella Casabella

Inmates hold 38 hostages at Graterford prison

Four inmates at Graterford State Prison continued to hold 38 hostages in the kitchen with no demands. Negotiators reported the men from a group led by Joseph Bowen were considering surrender but insisted they would not be harmed. Officials noted communications suggested discussions about releasing guards and staff.

Graterford, Pa UPI Graterford State Prison Joseph Bowen

Weekend Weather Outlook for Local Area

Partly cloudy tonight with lows in the mid 40s. Saturday brings increasing clouds and highs of 65 to 70. Rain chance near zero tonight and about 10 percent Saturday. Southeast winds 10 to 15 mph tonight. Sunrise 6 56 a m Sunset 5 25 p m Details on Page A 3.

B 52 crashes in Colorado kills eight crewmen

An eight crewmen aboard a B 52D bomber were killed when the aircraft crashed on inaccessible rangeland southeast of La Junta Colorado during a low altitude training mission. The older plane had been based at March Air Force Base California and was slated for retirement under the Reagan administration.

LA Junta Colo Here Air Force Washington March Air Force Base California Colorado Pueblo

Deficit spending law could destroy area schools

Lorain County Superintendent Wayne Whyte warns state law banning school closures pushes districts toward deficit spending. He cites 10 percent loan interest, salary freezes, and reduced state aid as driving Columbia and others toward insolvency, with possible state takeover if loans fail.

Whyte Lorain County Wayne Whyte Chronicle- Telegram Whie Columbia Peer Oe Pean Ohio

Also Mentioned on This Page

Herbal Starkey Clarkwood Apartments Mary K. Worells Purdue Ave Mary Bob Bailie Steve Fogarty C-T Marion Correctional Facility William Peterseim Elyria Country Club Robert Wolfe Bowen Lawrence Reid Philadelphia Reid Abby Metro Park Repewa Jaycee Ad Phil Hicks Tte Gannata Inan Black River State Department of Education Frayne WaanGue Iine Ohio School Board Association Ht Me
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