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Show The National Enterprise, June 22, 1977 electronic cash register for any small business A A low-co-st ECR that even fully-equipp- ed business can afford. a small Automatic tax calculation. Automatic change calculation. Clear, easy to read display. Change due to the customer is displayed in easy to read characters. Input buffer for fast keying. Repeat calculation. Prints date and consecutive number on detail tape. Complete record of payments, returned low-co- operation. Compact and extremely reliable due to LSI chip. 9 Models lEduipmEriT to choose from CDfT1PflnV I: 78 West Center Midvale, Utah 84047 Phone 566-- 1 297 Paid Si 00 for their signatures nix, who is currently being investigated regarding his Parsons and Kerekas arranged for the Utah vending machine companies to be incorporated through Century president Michael D. Russell. According to Russell's testimony before SEC investigators, he was asked to find two role in Equitable Mortgage firm. Corp., a Phoenix-base- d Authorities in both Phoenix and Pima County (Tucson) say their investigation of the mortgage company is near culmination and is very at this point. touchy Local Fruit Juice Corp. office and resign st DflTft Continued from page one people who would sign incorporation papers for the merchandise and discounts. Error warning prevents operator mistakes. h key systems and Light-touc- Link SHARP as companies officers the next day. Russell solicited two acquaintances, who were paid $100 each for their signatures, to do the job. manager Tami L. Burton, who was also the secretary for Century Mortgage, initially told the Enterprise reporter O'Brien was manager of the company, but later denied he had any connection with Fruit Juice Corp. Russell also adds Parsons at one time offered to sell him both Century Mortgage and Fruit Juice for $320,000. But Brent Laxman, loan officer at a Continental Bank The manager of the Utah Fruit Juice companies is apparently T. Michael OBrien of Phoe branch at which Fruit Juice has accounts, states he met with OBrien several times and understood him to be a Corp. serve here principal of the company. During his most recent meeting with O'Brien, on June 16, Laxman told O'Brien he would no longer finance purchases of the company's vending machines because Fruit Juice was under investigation by law enforcement authorities. He seemed unconcerned at that. Behind Arizona operation According to a Phoenix police investigator, O'Brien was a principal force behind the Phoenix fruit juice operation. Both Laxman and the manager of a finance company which also loaned money to Fruit Juice investors say the company went through "some of kind management changes early in 1977, but neither knew the specifics. Burton refuses to comment on the company's principals or its operations, and OBrien has been unavailable for OBrien and Timothy Reed White, who told the SEC he was a salesman for Fruit Juice, have been partners in OBrien Associates and at one time shared an office in Salt Lake City with Centurys Johnnev Call us if you need James R. Cahoon President a Real Estate Loan residential or commercial. -- Nick Nicholson Vice President We will take a loan application any day of the week - 7 days a week. Glenn Woodward Loan Officer Jeri Madsen Office Mgr. Friendly - Courteous We are here to serve. Don Quigley Loan Om Kay Dean Chytraus Loan Officer The Lombard Mortgage Company 1137 East 2100 South Salt Lake City, Utah 84106 7 Telephone (801) 486-483- and says Laxman, even said he expected it. Kcarncv. to the SEC, White was partner to an allegedly fraudulent land deal in which White supposedly purchased nine parcels of land in Millard County, sold it to O'Brien Associates, and then assigned his interest to Kearney, who used the land interest to buy stock in Century Mortgage. B. Purchased cheek Ac-cordi- with a rubber Sergeant Doug Kingdon of the Phoenix Police Department Intelligence Division says Phoenix Fruit Juice company sold vending machines to 25 people who signed contracts of $2,400 apiece. The company also supplied canned fruit juice to the investors. Kingdon adds only two machines were ever delivered, and further investigation shows the price at which juice was offered to investors was below the price at which the company bought it. The Phoenix Gazette newspaper has reported the companys juice supplies were purchased through a Florida firm named Performance Enterprises, which bought the juice from Juice Bowl, Inc., of Lakeland, Florida, with a $100,000 check which bounced. The paper has also linked Performance Enterprises to similar but now defunct fruit juice vending operations in Akron, Ohio, Oklahoma City and Kansas City. Kingdon states the "two or three carloads of canned fruit juice purchased by the Phoenix firm are "missing, and could be anywhere, "even Salt Lake City. |