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The Gaston Gazette in Gastonia, North Carolina

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

The Gaston Gazette

Location

Gastonia, North Carolina, United States of America

Date

Jun 29, 1992

Page

6

Penneys faces closure in NC deceptive pricing case

The state AG prepares to finish its case accusing J C Penney of inflating jewelry prices then offering phony discounts. Penneys may seek dismissal. if denied, defense begins with witnesses from Dallas. Judge Stephens cites a long paper trail and multiple depositions as he weighs restitution, fees, and a possible injunction.

Raleigh State Attorney General’s Office J.C. Penney Penney’s Dallas Wake County Superior Court Donald Stephens Penney

Lumbee Bank Shows Steady Growth in Pembroke

Lumbee Guaranty Bank, nation’s first Indian owned bank 21 years after founding, decor reflects American Indian culture and community pride. It has expanded local small loan market, offering credit to residents previously denied due to race or origin, with president Larry Chavis noting rescue efforts amid tough times.

Lumbee Blackfeet National Bank Browning National Bankers Association Washington Larry Chavis Lumbee Guaranty Mississippi River Robeson County Pembroke Lumbee Bank First Called Chavis

NCCU Audit Finds Ignored Warnings Over Grants Mishandling

State audit shows NCCU administrators ignored signs of trouble involving professor Clarence Brown who mishandled 828000 of 2900000 in grants from 1986 to 1991. Brown led grant awards, kept a secret bank account, had stipend checks endorsed, and changed student grades. Law enforcement will decide on charges while former chancellor Tyronza Richmond resigned. Trustee Stith calls the situation high-tech lynching.

Brown NCCU Durham Tyronza Richmond David Stith

Also Mentioned on This Page

Stephens Best, Belk and Brendle’s North Carolina Faith Bush Associated Press Ance Otlawa Ott AAAS Jetclean No. 1 Reliable Maytag E. Ozark Ave Gastonia N.C Bernie Harless Carolyn Maupin Otto Ve Alva America Indies QDSS Franklin Square E. Franklin Blvd
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