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Winchester Evening Star in Winchester, Virginia

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Newspaper

Winchester Evening Star

Location

Winchester, Virginia, United States of America

Date

Feb 22, 1978

Page

1

Power Cutback Ordered For Potomac Edison Customers

Officials from Virginia Maryland and West Virginia agreed on a joint plan to cut commercial and industrial power use by 10 percent at 12:01 a.m. Thursday and 30 percent beginning March 2 due to dwindling coal supplies from a nationwide miners strike. If coal runs lower, plant protections and rotating blackouts could follow, with Monongahela Power and others affected in West Virginia and neighboring states. Potomac Edison serves about 125000 people across northwestern Virginia western Maryland and parts of West Virginia.

Richmond, Va Virginia Maryland West Virginia Potomac Edison Co John Daffron Virginia State Corporation Commission Potomac Edison Daffron John Dalton West Virginia Public Service Commission Monongahela Power Co Ohio

Coal industry seeks binding arbitration amid 79 day strike

The Bituminous Coal Operators Association urged voluntary binding arbitration with a three member board to settle the record 79 day walkout. The UMW expressed likely rejection while Labor Secretary Marshall coordinates talks and faces a wide gap between sides. Key figures include Arnold Miller and Ray Marshall with talks expected to resume.

Washington United Mine Workers UMW Carter Administration White House Labor Ray Marshall Marshall Arnold Miller Labor Department John Leslie Joseph P. Brennan Bituminous Coal Operators Association

National scrutiny grows over Bert Lance tied bank takeover case

Washington debate centers on Bert Lance connection to Financial General Bankshares and whether federal regulators should gain power to block bank control. House Banking subcommittee backs Safe Banking bill to require regulator approval for any person to acquire control of FDIC insured banks, signaling broader reform.

Regulation Financial General District of Columbia E.C Lance Capitol Hill Federal Reserve Congress Attila the Hun Federal House Fernand J. St Germain

Clarke Man Key Figure In Fight for Control

Clarke County resident Eugene B. Casey Sr. emerges as a pivotal figure in the battle to gain control of Financial General Bankshares Inc, the $2.2 billion holding company that owns Shenandoah Valley National Bank in Winchester. Casey says he owns nearly all of his stake and has faced approaches from Bert Lance. The suit seeks to block a takeover by Lance's London backed group linked to Bank of Credit and Commerce and others. The SEC is investigating possible wrongdoing and suspended trading in Financial General stock. Casey testified at the SEC hearing and warned the board may see intense conflicts as a meeting is held. Shenandoah Valley National Bank is one of 15 banks under Financial General in the Washington area.

Washington Bert Lance Financial General Bankshares Inc Lance Office of Management and Budget Financial General Bank Holding Company White House Capitol Hill Clarke County Eugene B. Casey Sr Financial General Bankshares, Inc Shenandoah Valley National Bank SVNB Winchester Casey the Star Springsbury Farm Shenandoah River Federal Budget Bank of Credit and Commerce London Bank Lance Group Securities and Exchange Commission Financial General Management Commission SEC Eforts B. Francis Saul Saul Vincent Scaffone The Star Today Valley National Bank of Harrisonburg Scaffone George Froom Bank of Credit and Commerce International S.E.C

Bank Robber Holds Hostages In Rural Ohio Car Siege

An armed bank robber near the Ohio Indiana line held a father and two sons in a disabled car for hours and agreed to exchange the children for a new car and a 45 minute getaway head start. FBI negotiators coordinated as police blocked a 10 mile stretch of U S 35.

Eaton Ohio Ohio-Indiana Line FBI Citizens Band U.S. 35 Richmond Ind Robert Herrmann Eldorado Rob Mike Joseph Edwards First National Bank of Richmond

Du Pont Rezoning Okayed by Warren County Board of Supervisors

The Warren County Board of Supervisors unanimously approved Du Pont's request to rezone 175 acres in Cedarville from agricultural to industrial commercial and granted a conditional use permit for an automotive finishes plant. A spokesman called progress optimistic as negotiations on water and sewer lines proceed with Front Royal officials.

Front Royal Warren County Board of Supervisors du Pont Company Cedarville du Pont Walter Duncan

No Longer a Village Middletown Grows After Interstate 81

Frederick South reports Middletown's expansion since 1965 as Interstate 81 reshaped the town. Clarke County Board of Supervisors held a long meeting focused on land issues. James Wood beat Fauquier 23 to 22 on a last second shot to reach the Commonwealth District semifinals. photos accompany the sports feature.

Middletown Frederick South Monwealth Fauquier

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