OCR Text |
Show Page nineteen The National Enterprise, July 13, 1977 W.1 VWAVAVMVW.SVlW..V. United cuts air time with Cieveiand flight Flying time to eastern states has been cut by two to three hours by United Airlines' new ranged an exclusive Cleveland connection, United public relations director John Meyer has an- Meyer said the flight will continue until Sept. 8 and either be abandoned completely or resumed in the spring, depending on its nounced. "Congestion at Chicago and Denver is so bad, we've ar designed and constructed by Care Age, Inc., a national corporation specializing in nursing home facilities. Best Care, Inc., will own and operate the home. S77S? at COMMERCIAL DISPLAY 364-078- the plaintiff, so Madsen has received neither cash nor assets. The $50,000 damages 1 8 Mr. Executive Host: One call will deliver an elegant theme party -complete! We can even furnish the Butler. You - relax and enjoy your guests. would cover Madsen's stock investment, the complaint states. According to the complaint, filed last week, the bank dis- bursed money from the account of Study Guild Inter- national without proper authority, allowing the chairman of the board of Study Guild, Nicholas Repapsis, to abscond with $150,000. Repapsis is now somewhere in Switzerland, the complaint speculates. rwafelMn According to the complaint, Zions entered into a depository agreement with Study Guild and Universal Airlines, Inc. in June, 1971. Study Guild at that time was in the business of arranging flights and student travel. Zions was to receive deposits and make disbursements from the account, paying bills from hotels, foreign educational fJSSS9 institutions, sightseeing enterprises and others. The intent of the agreement, the complaint states, was to insure the traveling participants were returned to their place of fj M The new Saxon 3 plain paper copier Its brain is a solid-stat- e microprocessor An incredible device origin. think- - that does all of the copiers electronic The complaint states Zions made disbursements of about $150,000 to both Repapsis and a company of which he was an officer, Ulysse Travel, without support of bills or certification of Study Guilds officers. V jr mg Less circuitry for more reliability. Other smart ideas include an pushbutton control panel. A more compact easier-to-opera- te size. And an advanced reproduction system. And with all this, the new Saxon 3 costs less per month to purchase or rent than just about any other plain paper copier ever made. "Repapsis had no intention of using such disbursed funds for payment of travel expenses," the claim continues. Instead, Repapsis absconded with the funds, leaving Study Guilds creditors unpaid and the corporation insolvent. QIVAnI OQ uCIAvl plain paper copier We've cut the price of progress. call us (801)486-935- 7 Madsen owned stock in the corporation, and has filed a claim for a share of Student Guilds assets. But the liquid-datio- n of the corporation has failed to provide enough assets to pay all its creditors and specialized office equipment 2134 Richards r Street-Sa- Lake City, Utah lt j . 38 EAST 300 SOUTH SALT LAKE CITY. UTAH 84111 Abandoned partner seeks damages from First Security Richard L. Madsen has filed a complaint in federal district court requesting $50,000 in damages, claiming Zions First National Bank "employed a scheme to defraud." p to Cleveland dailv," he said. non-sto- p Construction of the $900,000 Bennion Care Center is complete at 6246 So. Redwood Road. The nursing home plans a July 17 facility. opening at the 104-be- d The 27,487 square-foo- t center was non-sto- 84115-Telepho- ne (801) 486-935- 7 |