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The Los Angeles Times from Los Angeles, California • 23

Location:
Los Angeles, California
Issue Date:
Page:
23
Extracted Article Text (OCR)

iM StotJtlW ltlMt Nov. 1, 1 976-Part II 3 Long Struggle to Get on the Air FULL EXTRACTION CARPET CLEANING From Santa Barbara to San Diego toll pnpA QOfifi CARPET DRAPERY UPHOLSTERY FREE wv lm'ikvu 660-9072 Charee it with Orange were Durante, a client and friend, and Parker, also a friend Harry Babbitt, 62, former radio and TV singer and program host who is now a Newport Beach realtor, recalls that it was Simon who brought him into Golden Orange as a 4 shareholder. Babbitt said he was vice president of sales at Leisure World Foundation in Laguna Hills when he met Simon, who was president until 1966. David Levy, 63, a onetime NBC vice president in charge of TV network programs and producer of many television series including "The Addams Family," "Bonanza," "Dr. Kildare" and "Saturday Night at the Movies," is a 2V4 shareholder and holds a $52,000 one-year contract to become KGOFs first general manager.

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LOS ANGELES. CA 90039H ,1 ONG REPUTATION Continued from First Page a And Fess Parker, 52. alias Davy Crockett and Daniel Boone, has long since departed Newport Beach for Santa Barbara, leaving behind his desire to be part of KGOF. Boone, 42, who began with a 15 share of the company, has taken over the 7V ownerships of both Durante and Parker, to raise his own interest to 30 double that of any other investor. Boone is the youngest shareholder.

Burroughs and Yorba have turned their stock certificates back to the company in return for cancellation of their future obligations to put more money into the firm. In doing so, they lost their share of the approximately $150,000 it cost the original 13 investors to win the FCC approval. "Over that eight-year period it was always a dream," Boone explained. "There were many times that it looked like we were not going to wind up with the license, after all, and so we (all the investors) were talking about losing $150,000. "Nobody likes to do that, but at least we all went in with our eyes open, knowing that five out of the six applicants were going to lose their investment And I think we made the largest investment of any of the applicants.

"But then," Boone continued, "when you win and you get the license, you have won the opportunity to make a major investment and I think this really shook up some of the shareholders." Between them, the shareholders had pledged to invest a total of $500,000 in cash and to also sip personal guarantees, proportionally, on a $1.7 million bank loan. When the original projections were made eight years ago, they figured it would take $2.2 million to buy property, build a studio, buy cameras, videotape recorders, a mobile unit, a transmitter and erect an antenna, Boone said. Today they still need at least $2 million, he said, but they no longer contemplate buying property or equipment. Instead they will lease it. "I think we can cut our original investment by a lot and put the money into production and into people," Boone said.

They also are seeking alternatives to taking out that bank loan. Boone said Golden Orange stockholders are talking with three groups of potential investors separately about financing the station, in return for a 40 to 49 ownership. He refused to identify the groups, other than to say that each included "very substantial Orange County business-mea" According to an FCC spokesman. Golden Orange can bring in additional investors as long as the original group of Lithe little pieces to layer with imagination You'll have to come to Bullock's to get them we're the one and only place to find these tops, skirts, coats, dresses, pants. Wear one layer.

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S.M.L. At prices to start you collecting. Right: Layers of hanky hems. V-neck top, $24 Swirling skirt, $24 Coat, not in red, $30 Left: Cap sleeved tops. We layered two.

One floating. One tied. Each, $20 Tent dress, $28 And pull-on pants, $24 Order by mail or phone us: 486-5900 Sherwyn Dresses Roselon Industries. Inc. trademark 'VVTien we won the license I think it shook up some investors each of whom was screened by the FCC in the application process retains majority control.

The spokesman said Golden Orange cant sell KGOF for profit until it has been on the air for at least three years. There have been instances, however, when holders of new licenses have been allowed to sell before three years for a price that didn't exceed the amount invested, he said. Boone said Golden Orange is about to hire an accounting firm to prepare a proposed first-year budget for the station. After that, serious negotiations can begia He hopes these will lead to an ivnestment by one of the three groups of interested businessmen. Formation of Golden Orange began in 1968 with Edward J.

Kirby, 59, a long-time resident of Santa Ana who was then Gov. Reagan's appointee as director of the state Alcoholic Beverage Control Department Kirby had retired in 1967 after 26 years with the FBI 19 of them as head of the Santa Ana office. "It always seemed to me that one of the problems with Orange County as it grew was the lack of electronic media," said Kirby. who left the Alcoholic Beverage Control Department in 1975 to become a vice president of Schenley Industries, a major liquor producer. Thus when he learned that the FCC had allocated Channel 56 for Anaheim, Kirby decided to apply for the license.

He went to a friend and former boss, William G. Simon, a Los Angeles attorney, for help. Simon retired in 1964 as agent in charge of the Los Angeles FBI office and set up a law practice that included movie stars and entertainers among its clients. In 1968. Simon already was deeply involved in his own television license venture as president of Fidelity Television which sought to take away the license of KHJ-TV, Channel 9, in an FCC challenge.

(Fidelity lost the challenge before the FCC and in subsequent court appeals. The matter might be reopened in the future, however, because of another case still pending before the FCC.) Simon became Golden Orange's attorney and helped recruit investors. Kirby, a man of moderate means compared with many of the other investors in Golden Orange, ended up becoming a 3 shareholder. Simon did not invest in the venture, nor did he become a director. In fact, Simon's legal fees have been a major expense for Golden Orange's investors, who thus far have paid him more than $53,000.

More than $46,000 also was paid to the Washington law firm of Cohn and Marks, which handled the FCC application at that end. Coincidentally, at the same time Simon was helping Golden Orange get started, he also was attorney for another TV license venture, Voice of Los Angeles, which made a short-lived bid to challenge the license renewal by KNBC-TV. Channel 4. Simon said among those he helped bring into Golden ROBERT BATTIN Continued from 2nd Page effect on their plans for marriage. is out for right now," Miss Perry said in an interview.

"I don't know we've just kind of put that aside. I guess both of us are just trying to get our lives Battin said he is making the rounds of friends, trying to get help for his appeal. Some have promised secretarial help and use of office equipment. He had just spoken to a representative of the American Civil Liberties Union asking the group's assistance, he said. After a long pause, he volunteered, "You know, I thought they'd convict or acquit me according to whether theyiiked me or not.

I thought if they liked me, they'd acquit me of everything, and if they didn't like me, they'd convict me of everything." Six acquittals and one conviction didn't make sense to him, he said. As he got up to leave, he said he wasn't interested in being informed about the Supreme Court decision on his law license. Td almost be afraid to (call and find out)," he said. "I've already rationalized it in my mind that they wont (suspend me). I've almost gotten to the point that no news is good news.

If I get the new, then I'll get all shook up, and I won't sleep at night. I probably won't sleep tonight, now that I know about the (justices') conference tomorrow." The following day, the Supreme Court justices metand, among the many items on their conference agenda, referred Battin's case to the State Bar Assn. for investigation The Bar in submitting the matter to the court, had said Battin's case "may or may not involve moral turpitude," the critical factor. The justices allowed Battin to remain a lawyer pending the outcome of the investigation. DOWNTOWN PASADENA WESTWOOD SANTA ANA SHERMAN OAKS LAKEWOOD DEL AMO LAHABRA NORTHRIDGE SOUTH COAST PLAZA SAN DIEGO WESTCOVINA CENTURY CITY.

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