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The San Francisco Examiner from San Francisco, California • 67

Location:
San Francisco, California
Issue Date:
Page:
67
Extracted Article Text (OCR)

Wed, Dec. 5, 1973 ir.jr'.txanttttrr-'Page 67 UUS1JNESS PAGES BART parking solution a long-time thing U.S. lo offer land in Cal geyser area San Carlos'' has experiment San Carlos has begun an experiment determine whether municipal bus service, linking the business district with Sequoia Hospital, is needed. The first runs were made without passengers. Service hours are: Monday through Friday, 6 a.m.

to 7 p.m.; Saturday, 9 a.m. through 6 p.m., on half hour headways Fares are 25 cents for adults and 15 cents for senior citizens. NOTABLE Mrs. Ellen Newman, an authority in the women's apparel industry and a civic leader, has been elected a director of the five American Express mutual funds and the new Fund for Investing in Government Securities, Inc. George II.

Haley to senior vice president for Bank of America here. Harlan Corenmun to assistant product manager for Browne Vintners Co. Ralph J. Sabin Jr. to ice president of the Bank of California, James W.

Thomas to assistant vice president of the bank's head office marketing division. Walter B. IoeweiisU-iii to assistant director for Nuclear Safety. Nuclear Power Division. Electric Power Research Institute.

Palo Alto. Hob Ilanrahati has joined Travel-Aid as partner. Inland E. Butler-to general attorney for Santa Fe Railway at San Francisco The bidding for drilling and use of the federal land would be competitive, he said. Stone said other offerings would be in the Mono-Long Valley of East California and the Imperial Valley near California's border with Mexico.

"I wouldn't say it would be a significant contribution to solving the energy crisis," Stone said. Pacific Gas Electric Co. San Francisco, already buys geothermal energy from private firms in the Geysers area. PGft spokesman John Vance said the new sources of geothermal energy would not result in any lower need for petroleum by the utility. The Interior Department has identified about 1.8 million federal acres for prime geothermal development and another 56 million with secondary or limited United Press WASI 1 1 NGTON The I -terior Department soon will offer the first part of 58 million acres in the Western United States for development as a source of geother-m a 1 energy, government and industry sources report.

Reid Stone, director of Interior's geothermal task force, said the initial offering would be about 50,000 acres and that it was unlikely that much of the 58 million acres would be used. Geothermal energy is the natural heat of the earth in the form of steam and hot water derived from radioactive decay, friction and molten rock. Geothermal energy in the form of steam is used to drive turbines that generate electric power. Stone said 50.000 acres in the Geysers area of California, about 85 miles north of San Francisco would be offered for private development in about two weeks. This announcement is solicitation is Ellen Newman lU'i'iiaid Warman to assistant manager of the San Francisco Federal Savings and Lacn Association's head office, Post and Kearny.

Peter (1. Davis, general scrap purchasing agent for Asarco's Federated Metals Division. Pacific Coast department, has retired. He is vice chairman of the Pacific Coast chapter of the National Association of Secondary Materials Industries. in BART's converting property it owns into a 135-stall parking lot near the station, and BART or Daly City making arrangements for the use of two other facilities for BART customer parking on weekdays.

Moffatt reported that the BART lot has been restriped to raise its capacity from 785 to 888 cars. Re said the possible nearby properties are a rooftop facility at the Pay Less store that is not used except on weekends, and some excess space at the Westlake Shopping Center, where BART commuters would require a feeder bus service. The Pay Less property could handle 200 cars, he said. His department, he said, would also recommend that some space in the regular lot be reserved for carpools of three or more persons until 9 a.m. and that more bicycle racks be installed.

No consideration has so far been given to a proposal by director Quentin Kopp to impose a $1 parking fee, Stokes said, although a study is being made. The board also nas expressed concern over adding to the BART parking lots in the East Bay, some of which are already full even without service under the Bay to San Francisco. Fire limits Concord BART runs Service was reduced on the Concord line of the Bay Area Rapid Transit System this morning as a result of a $250,000 fire and explosion at Oakland's West Portal substation. The fire forced a reduction of power in the third rail from 1000 volts to between 700 and 900, so that the system was operating with five four-car trains instead of six and the usual 10 minute headway between trains was extended to about 12. In addition, the speed of trains leaving stations was reduced by half, although normal speeds could be maintained between stations.

Oakland firemen quickly extinguished the fire at the West Portal substation and reported it apparently involved a high voltage transformer. The station is a large, concrete blockhouse located on Chabot Road, about two miles west of the Caldecott Tunnel. Its huge, high-ceiltnged interior was blackened and charred, and several large pieces of electrical equipment transformers, power converters and generatorswere burned out. Metal casings on several appeared to be partially melted in testimony to the intense heat. BART workmen and investigators swarmed over the installation this morning in an attempt to find the cause of the fire.

Spokesmen for BART who made the damage estimate said it would require about six months for repairs. They added, however, i hat service would return to normal later today with an increase in the power output of the Orinda substation which will restore 1000 volts to the third rail. because the state and federal agencies have made innumerable demands fo' fore-casts, chiefly financial, which are almost impossible to produce until design work is well along. Design cannot begin until the agreement is ratified. The project is estimated at about $3 million, with Daly City providing 10 percent and the federal government the rest.

Design is expected to take nine months and construction will require at least a year. More immediate relie: lies neither an offer to buy nor a solicitation of an offer to sell any of these securities. The being made solely by the. Offer to Purchase and the. Letter of Transmittal mailed to the shareholders oj Cutter Laboratories, Inc.

NOTICE OF OFFER TO PURCHASE All Shares of Class A Common Stock and Class Common Stock of CUTTER LABORATORIES, INC. For Cash at $18.50 Per Share Net hy RHINECIIEM CORPORATION 1973 United Crusade Drive The United Bay Area Crusade is the lnnit tn-at of th community. The money you iimtnbute is income tax deductible and goes to ht'lp ls-t Human I are Agencies. 1973 Goal $17,500,000 Raised to date $13,391,000 Still needed 4,109,000 Drive started Sept. 26, 1973 Final Report Dec.

12, 1973 Give Your Gift Today Rhincchem Corporation, a Delaware corporation the 'Purchaser''), is offering to purchase all the outstanding shares of Class A Common Stock and Common Stock (collectively called the of Cutter Laboratories, a Delaware corporation the subject to the terms and conditions set forth in the Offer to Purchase dated December 3, 1 973, and in the related Letter of Transmittal. 'I lie- tender price is 18.50 per share of Common Stoek net to each sol I in? shareholder, in cash. 'J he Purchaser is an indirect wholiy-owned subsidiary of Haer Akliengescllschaft, a West lerman chemical company. By II. AV.

Kusserow Urban Affairs Writer The prospects of some relief for the parking problem at the Daly City BART station are fairly bright but the long-range solution is still about two years away. The ultimate cure is a second deck, which would enlarge the parking lot from Its present 8(18 spaces to more than 1500. And while federal subsidies and local matching funds have been pledged, the second deck issue is mired in a sea of red tape that BART blames on the federal and stale Departments of Transportation. The short-range aspect was presented to BART's administration committee yesterday by Robert Moffatt of the transit district's real estate department. Following meeting, General Manager R.

Stokes gave a brief description of the status of the second deck project: "It's wrapped up in bureaucratic red tape." He declined to explain further. It was learned from other sources, however, that the agreement to build the second deck was negotiated in the spring of 1972 and was expected to be signed by all parties in summer of the same year. It still hasn't been signed Police chase nets hit and run suspect A youth whose car allegedly struck and injured a woman at Fifth and Mission streets this morning was chased for 14 blocks and arrested by a police officer a lew minutes later. The victim, Adita Guleng, 30, of 2G60 25th was crossing Mission at Fifth en route to her clerk job at the new Crocker Bank computer center at Fifth and Minna Streets at 8 a.m. Police said the auto driven by a 16 year old from Fillmore, Utah, ran a red light, slammed into the woman and raced west on Mission Street.

A meter-minder broadcast a description of the car, and patrolman Albert Esperance spotted it at Ninth and Mission Streets. The chase continued along Mission to Eleventh, to Market and back to Ninth where the fugitive was forced to the curb. Miss Guleng was taken to Mission Emergency Hospital with multiple bruises and possible leg injuries. The driver was booked at Youth Guidance Center for driving under the influence of drugs, felony hit-run driving, running a red light, and driving without a license. 2d Oakland school gets turned down The request of a second Oakland school to be renamed for Dr.

Marcus A. Foster, the city's slain superintendent of schools, was turned down by the board of education last night. Acting Superintendent Al-den Badal explained that the school board has already designated its entire building program as the Marcus A. Foster Earthquake Safety Program. Accordingly, plaques in each of the 22 schools that will be built or reconstructed will bear the name of the popular school superintendent who was gunned down Nov.

6 by assassins outside the building where the board met. Last week Madison Junior High asked it be renamed and last night the request was made by Stonehurst Elementary School. hat's the score For latest results call SPORTSDIAL, 478-95W). Tlie OllVr ill lir- al 5:00 I San Frani-i-m Time, on WVlin'ila 1 "-fiilM-r 2, 1 Crusade helped motherless family The Purchaser has been advised that the Board of Directors of the Company has unanimously recommended that its shareholders tender all their shares in response to the Offer, Mr. E.

A. Cutter, Chairman of the Board of the Company, and Mr. J). L. Cutter, President and Chief Executive Oflicei: of the Company, and certain other members of the Cutter family have agreed to tender all their shares.

The Offer to I'nri Imsi- contains import tint information which should he read before lenders arc mudr. Copies of the Offer to Purchase and the 1 of Transmittal have been wailed to shareholders of the Company. Additional copies may be obtained from the Dealer-Manager, the Depositary, the Forwarding Agent ami any office of Georgeson Co. Shares tendered may be withdrawn prior to December 1 1 1973, and, unless theretofore purchased, after I ebi nary 1 9 74. 'fenders otherwise are irrevocable.

The Purchaser will, subject to the terms and conditions set forth in the Oiler to Purchase and in the related Letter of Transmittal, purchase all shares of 'ommon Stock duly tendered by 5:00 P.M., San Francisco 'lime, on December 26, 173. provided that not less than Class A shares'aiid not less than 447.500 Class li shares are duly tendered by such time. If less than 1.000,000 Class A shares or less than 447.5(H) Class are duly tendered by such time, the Purchaser reserves the right, but will not he obligated, to purchase all. but not less than all, shares so tendered. If the Oiler is extended and not.

less than 1 ,900.000 Cla.ss A shares and not less than 447.500 Class shares are duly tendered prior to the expiration of such extension, the Purchaser will, subject as aforesaid, purchase all, but not less than all, shares of 'ommon Stoek so tendered. As of November 26, 1973. I.oo.ooo Class A shares constituted approximately ')() of the 2.1 10.4X3 Class A shares then outstanding and 447,500 ('lass shares constituted appioximaiely of shares then outstanding. Anv shares withdrawn pursuant to the withdrawal right will be deemed not duly tendered. It is expected that pavment for any shares of 'ommon Stock purchased ill be made as soon as practicable after January 1, 1974.

The Purchaser will pay to any broker or dealer vv ho is a member of any registered national seen i hies exchange or of the National Association of Securities Dealers, or any non-member foreign broker or dealer who agrees to conform to the Rules of I air Practice of such Association iu making solicitations in the failed Stales to the same extent as though it were a member thereof, or any bank or trust company, whose name and address appear in the space provided therefor in a Letter of Transmittal and who has solicited the tender to which such Letter of Transmittal relates, a solicitation fee of 45 for each share of Common Slock purchased pursuant to the Offer and cov ered by such I of Transmittal, provided that no fee will be payable with respect to the tender of any shares of 'ommon Stock ow nod by. or held for the benefit of, any member of the Robert K. lulward A. Cutter, or bred A. Cutter families.

Subject to Instruction. 7 of the Letter of Transmittal, transfer taxes, if any, pavable on the transfer of tendered shares will be paid by the Purchaser. The Oiler is not being made to, nor will tenders be accepted from, holders; of shares in any state in which the Offer or the acceptance thereof ould not be in compliance with the securities Jaws of such state. Any questions concerning the Oiler should be directed to Kuiut, Loeb Co. (Telephone collect 212-797-4256, "Attention: Philip M.

Skidmorc). When Joe Loustal's wife died of leukemia 10 years ago, he was left with three boys, ages 1, 3 and 4. "It was really grim at first," he remembers. 'The kids felt abandoned. Their mother had left them and every day for eight hours I did, too.

So they'd scream and cry every morning and I'd go off to work thinking, Why me, At work at the American Can Co. Joe would get calls from his housekeeper complaining of problems at home. It was almost becoming unendurable until Joe discovered help was available from United Bay Area Crusade agencies. One UBAC agency, the Visiting Nurses Association, had provided the family Seized Battle seen in new district Assemblyman John Francis Foran and Robert E. Burton, a brother of Assemblyman John Burton and Rep.

Phillip Burton (D-San Francisco) have changed their addresses in voter registration records apparently with intent to run for the same public office. Foran and Robert Burton acquired addresses in The City's new 16th Assembly District, making both eligible to file for the Democratic nomination at next June's primary. They now live in territory represented in the Legislature by John Burton, who is considering giving up his Assembly seat to run for Congress in The City's new-Fifth Congressional District. Foran's new voting address is 106 Justin Drive, the home of his sister, Mrs. Marge McSweeney.

in the St. Mary's Park District of the Outer Mission. Ilis former voting address was 900 Rockdale Drive on Mt. Davidson. Robert Burton, a member of the Community College District board of governors, moved to 1215 Castro St.

from 2530 15th Ave. in the Sunset. Foran's 23rd Assembly District, one of four in San Francisco, was wiped out in the recent reapportionment order of the State Supreme Court. The same court order created a new Fifth Congressional District embrac-i heavily Democratic neighborhoods now represented by John Burton in his 20th Assembly District. John Burton was first elected in 1964.

Robert Burton, who has long been active in Democratic Party politics, obviously would like to succeed his brother in the Assembly. But Foran, first elected in 1962, is a popular political figure who has easily beaten challengers. A race between him and Robert Burton, political observers agree, would be a rough one. with services during Mrs. Loustau's illness.

Now Joe sent his two older boys to Holy Family Day Home, another UBAC agency. His youngest boy was showing signs of emotional disturbance, so Joe sought treatment from three more UBAC agencies. It really breaks your heart, watching your child not be able to do the same things other kids do." said Joe. The minute you'd lean on his at all, he'd freak out. But after a year at Mt.

Zion, he started talking. For the past four years he's seen a psychiatrist there on an average of three times a week." Today, Joe is chairman of UBAC's campaign at American Can Co. The crusade this year seeks $17.5 million for the many services it helps finance. tests The Examiner referred to the raid as having taken place in the Potrero District. Brussels Street is in the Excelsior District rather than the Potrero.

Both districts are within the boundaries of what formerly was known as the Potrero Police District but which has since been renamed the Southeast District. Thugs rob bank DEL MAR Two masked gunmen robbed the United California Bank's Loma Santa Fe branch of a "substantial" sum of money yesterday, the FBI reported. weapons The rewarding Agent: KdlanticjValioiialKank 744 Broad Street Newark, New Jersey 07101 Corporate) Trust Department The Depositary: 1 1 Fa rgo 1 ta A Corporate Trust Department 475 Sansonie Street, 10th floor San Francisco, California 94111 The Soliciting Agent: (em'jesni Co, 100 Wall Street 5th Floor New York, New York 10005 The Dealer-Manager: Kuhn, Loeb Co. 40 Wall Street New York, New York 10005 undergoing 'Guns confiscated in a raid in the Excelsior District last Friday were undergoing tests today to determine whether they were used in several Chinatown robberies and gang killings. The guns, and two brothers, were seized at 1333 Brussels St.

during a raid by police and federal agents. A loaded 12 gauge sawed-off shotgun, time pistols, a nine-inch pipe bomb, 400 rounds of assorted ammunition, several gun clips and a rubber stretch face mask were confiscated by the raiders. In Saturday's editions. December 5, 1973.

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Years Available:
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