North Olmsted awards contracts for Forest and Birch schools
The North Olmsted school board approved contracts totaling 1.317 million dollars for Forest Elementary and Birch Elementary additions. Forest on Lorain Road will serve 480 students in a 31,000 square foot open pod design with six pods around a central library. Construction starts soon with completion aimed at the 1971-72 school year.
MENTIONED IN THIS ARTICLE
North Olmsted
New Forest
Birch
Forest
Seussert Construction Co
Birch- Lietz Builders
Mt. Kelley Co
Forest School
Lorain Road
Hampton Drive
Cuyahoga Sheriff Faces Judge Over Deputy Shortages
In Cleveland, Sheriff Ralph Kreiger angered Common Pleas Judge John T. Patton as deputies resign amid pay disputes. Kreiger had moved staff from other courts to jail duty, leaving prisoners unarraigned and prompting Patton to demand more guards. The clash included misaligned prisoner transfers and one 19 year old indicted with a 47 year old sharing the same name. Patton criticized prioritizing highway patrol over courtroom needs.
MENTIONED IN THIS ARTICLE
Cleveland
Ralph Kreiger
Common Pleas Court
Cuyahoga County
Kreiger
Patton
Warrensville
Scattered Showers in Rockies and Florida Outlook
Weather forecast shows scattered showers tonight in the lower Rockies, Southern Florida, and the upper Great Lakes region. Elsewhere, clear to partly cloudy skies, with generally cool conditions across most of the nation.
MENTIONED IN THIS ARTICLE
Lower Rockies
Florida
Upper Lakes
Weather Outlook Tracks Mild Temperatures Across Regions
Partly cloudy conditions persist tonight and tomorrow with lows in the 40s. Highs reach the 60s in the north and the low 70s in the south as the day progresses.
Southeasterly Winds Forecast Tonight
The forecast notes southeasterly winds near 10 knots with partly cloudy skies expected tonight.
Weekend Weather Outlook With Warm Temperatures
Friday will be fair with dry conditions while Saturday brings a chance of showers. Highs reach the mid 70s in the north to mid 80s in the south with overnight lows in the 50s. Classified ads offer quick selling tips.
Amherst council to discuss income tax advisory meeting
Lorain City tax commissioner Patrick McNulty will speak at a special Oct. 20 public meeting on South Amherst's 1 percent village income tax set to begin Jan 1. He also agreed to bring a proposed resident letter andSurvey.
MENTIONED IN THIS ARTICLE
South Amherst
Patrick
McNulty
Lorain City
Debt Dilemma Drives Tax Case of Shoe Salesman
A shoe salesman lent $20,000 to his company to keep it afloat, triggering a long tax dispute over whether the bad debt was business or nonbusiness. The IRS argued it was an investment, while he claimed it related to his trade.
MENTIONED IN THIS ARTICLE
Internal Revenue Service
Tax Court backs business loss deductions for loans and reputational protections
The Tax Court allowed a $20 000 loss as a business bad debt for an individual later described as a corporate employee. Other cases included a sole stockholder deducting losses for loans to preserve salary and Abe Saperstein recovering $56 000 as an ordinary loss after funding the Harlem Globetrotters. A recreation bond vote in Lorain aims to finance a center with pool ice rink and gym. Doctors and professionals increasingly organize as corporations, with tax savings as a key motive though state rules vary.
MENTIONED IN THIS ARTICLE
IRS
Abe Saperstein
Harlem Globetrotters
American Basketball League
ASL
Globetrotters
Saperstein
Los Angeles Times
New York
UPI
Dun & Bradstreet
Also Mentioned on This Page
Gorman-Lavelle Plumbing Co
California Electric Co
Cuyahoga
John T. Patton
Frankfort
Louie B. Nunn
State Board of Education
Ohio Edisom Company
Elyria, O
Chronicle-Telegram
Arthur W. Parace Jr
Rt. 113
Russia
Pyle-South
Amherst Rds
Gladys Reazer
Lawrence Knoble
Donald Day
Ohio Health Department
State Health Board
Soc
Lincoln Memorial
Burlke
Lorain
Robert Burke
North Central Drive
North Central Dr
Black River
James Parks
East Ave
Elyria
Ohio
Elyria Jaycees & the Chronicle-Telegram