Battle Creek Enquirer from Battle Creek, Michigan • Page 8

FRIDAY, JULY 8, 1988 BATTLE CREEK ENQUIRER 8A BUSINESS Pickens hails approval of 1 -share, 1 -vote rule Insiders market letter gets scoop by tracking reports investor's memo to restore democracy to corporate America," said Texas oilman and takeover specialist T. Boone Pickens chairman of the United Shareholders Association. The one-share, one-vote rule takes effect immediately. In unrelated action, the commission backed off from recommending legislation that would guarantee investors the right to sue their stockbroker in court. But, by a 5-0 vote, the commission decided instead to ask stock exchanges and other organizations that run arbitration systems to study the matter and report back by Oct.

15. The Associated Press WASHINGTON A new regulation limiting U.S. companies' ability to weaken the voting power of stockholders as a hostile takeover defense is being hailed by a prominent raider as a victory for corporate democracy. After nearly two years of periodic hearings and debate, the Securities and Exchange Commission voted 4-1 on Thursday to approve a one-share, one-vote rule. Under it, actions that dilute the power of existing "shareholders are generally barred.

"The SEC's action helps Bell to raze building for garden area A portion of the Michigan Bell Telephone Co. building at 84 E. Michigan Ave. will be destroyed to make way for a landscaped garden area. Marv Van Voorst, public relations manager for Michigan Bell, said workers are now in the process of cleaning out the inside of the downtown building.

The outside of the structure will be torn down as soon as that work is completed, he said. The portion of the building being torn down is an older part near the front of the company complex, he said. The landscaping, including the planting of trees and bushes, is scheduled for completion by the end of the summer. The project is being paid for by Michigan Bell. ized ratings.

For example, large trades relative to a company's capitalization and the insider's previous holding are important. Entirely new positions by an insider are less significant. Obviously, insider buying is bullish and insider selling is bearish. Since the stock market crash last October, insider stock accumulation has remained at "impressive" levels, the market letter's latest edition said. The latest top-rated stock that Insiders has found is CalFed the nation's fourth-largest savings and loan company with 210 offices in California, Arizona, Nevada, Florida and Georgia.

The market letter first recommended CalFed four years ago and the stock has risen 63 percent to $24 a share on the New York Stock Exchange. Once again insiders are buying the shares heavily, the market letter said. count on the shady insider stuff that has given Wall Street fits in recent years. Boesky and the other bad boys broke the law by using confidential information to profit in the securities markets. The insider information that the market letter uses to prospect for capital gains is available to all.

It is based on reports that officers, directors or major shareholders of a company are required to file with the SEC when they buy and sell their company's stock. The Insiders market letter tracks the insider trading reports of every publicly traded stock and makes investment decisions based on the findings. The market letter weighs certain factors to produce its computer CITY OF BATTLE CREEK ASSESSMENT HEARING PLEASE TAKE NOTICE that the City Commission has determined to make the following described improvements: STREET IMPROVEMENTS ROLL NO. YEAR STREET First of America adds affiliate By JIM LAWLESS Gannett News Service Insider stock trading usually conjures up impressions of ill-gotten gain from filched information that hasn't reached the public the sort that put Ivan Boesky in jail. But one market letter hangs out its insider trading activity for all the world to see, including the SEC.

Investing its own money, the Insiders market letter, published by the Institute for Econometric Research of Fort Lauderdale, said that it has had an average annual gain of 55 percent in transactions since 1980 by using insider information to buy and sell stocks. The market letter's latest issue said investors should be loading up on the common stock of a Los Angeles-based financial services company because insiders are buying the stock. Insiders market letter doesn't complete. First of America, with assets totaling $8.7 billion, provides financial services to more than 200 communities in three states. It is the fourth largest banking corporation in Michigan and ranks 65th nationally.

LEGAL NOTICES STATE OF MICHIGAN CALHOUN COUNTY PROBATE COURT JUVENILE DIVISION ORDER FOR PUBLICATION OF HEARING NOTICE Case No. Rec ID: 52 IN THE MATTER OF: THOMAS, LaShawn: BRIGHAM, Condace and Leonette and Leon Jr. FINNIE, minor children TO: Antoinette Coleman Robert Thomas A Petition having been filed In this court concerning the above children, a hearing of that petition will be conducted by the court on July 26, 1988, at 9:30 a.m. in Room 251 of the County Building, 315 W. Green Street, Marshall, Michigan.

IT IS ORDERED that Antoinette Coleman, Mother, and Robert Thomas, Father of LaShawn Thomas, appear in person before the Court at the time and place stated above. Take notice that these proceedings may result in the termination of all parental rights. John M. Brundage Judge of Probate July 5, 1988 STATE OF MICHIGAN PROBATE COURT CALHOUN COUNTY PUBLICATION AND NOTICE OF HEARING File No. 88-62-078 NC TAKE NOTICE: On July 28, 1988 at 10:30 a.m., in the probate courtroom, Hall of Justice, Battle Creek, Michigan, before Hon.

Phillip E. Harter Judge of Probate, a hearing will be held on the Petition of Cindy Lou Calbaugh and Charles G. Evans requesting that the name of Donald Earl Calbaugh be changed to Donald Gene Evans. Cindy Lou Calbaugh and Charles G. Evans 114 Foster Avenue Battle Creek, Ml 49017 June 24, 1988 Thank You For Your Patience The Michigan National Bank Drive-in Facility Located at 25 SW Capital Ave.

IS AGAIN OPEN for Drive-in and ATM Services. C-001 1988 Capital Ave. S.W. C-002 1988 Capital Ave. S.W.

C-003 1988 Hiawatha Drive C-004 1988 Romance Street C-005 1988 Fairfield Ave. C-006 1988 19th Street C-007 1988 Territorial Rd. C-008 1988 Ward Street C-009 1988 Andrus Street C-010 1988 Ingram Street C-01 1 1988 Geneva Street wSanitary Sewer C-012 1988 Cedar Avenue R-002 1988 Maple Terrace R-003 1988 Piper Avenue R-004 1988 Crest Drive R-005 1988 Merwood Drive R-006 1988 Central Street R-007 1988 Central Street R-008 1988 Chestnut Street R-009 1988 Woodmer Lane R-010 1988 Garrison Road R-011 1988 Cornell Drive R-012 1988 Pleasantview Dr. R-013 1988 Mosher Avenue R-014 1988 Cedar Avenue R-015 1988 Orchard Avenue R-016 1988 Curtis Avenue PROJECT DESCRIPTION From Rebecca Rd. to South City Limits From Territorial Rd.

to Lakeview 170' Richards PL From Capital to Capital From Columbia to Dawn From Highland to Capital From Goguac to Eldred From Highland to Randolph From 20th St. to Roth St. From 20th St. to 19th St. From 19th St to 20th St.

From Taylor to Kellogg From Spaulding to Michigan From Bryant to Capital N.E. From Bryant to Sherman From Merwood to Orchard From Emmett to Orchard From Pleasantview to Pleasantview From Pleasantview to Pleasantview COMBINED wR-006 From Emmett to Pleasantview From Chestnut to Merwood From Roosevelt to Pleasantview From McKinley to East Avenue From Central to East Avenue From Broadway to Bedford From Morgan "to Kellogg From Pleasantview to Curtis From Orchard to Garrison Loraine Buckner City Clerk First of America Bank Corp. has added a new affiliate bank in Peoria, Dl. The affiliation of Sheridan Bank of Peoria with First of America was finalized June 30. The Peoria bank's two offices will assume the First of America title during 1 988's fourth quarter.

Peoria is the 44th bank affiliated with First of America, increasing the corporation's number of offices in Michigan, Indiana and Illinois to 357. First of America is headiuagy tered in Kalamazoo and has Oicis in Battle Creek. Richard Klein, First of America vice chairman, said Peoria bank officials decided to join First of America in October 1987, but the transaction took several months to EMMETT CHARTER TOWNSHIP BOARD of REVIEW. Please, take note that the Emmett Charter Township Board of Review will meet at 8:30 a.m. on Tuesday, July 19, 1988, for correction of clerical errors or mutual mistake of fact ONLY.

The meeting will be held, at the Emmett Township Office, 62(1 Cliff Street, Battle Creek, Michigan. Respectfully, Joyce Foondle Township Assessor TAKE FURTHER NOTICE that a special assessment roll assessing benefitted properties therefore is on file in the office of the Assessor and is available for public inspection. TAKE FURTHER NOTICE that the City Commission will meet at the City Commission Chambers, Room 301, City Hall in said City on July 19, 1988 at 7:30 o'clock P.M., EDT, for the purpose of reviewing said improvements and special assessment roll and shall at said hearing hear all persons interested therein and consider any written objections thereto. Michigan National Bank The smart money is with us. We apologize for any inconvenience the disruption of service has caused you.

Member F.D.I.C. July 8, 1988.