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The Charlotte News from Charlotte, North Carolina • 14

Location:
Charlotte, North Carolina
Issue Date:
Page:
14
Extracted Article Text (OCR)

-410-iwJoPvieelv orecl()sutoe Threat lit'71111 rea rec osure lit Bob 1 iltiley army Big -A 11 '1111 I Blowout of 07 iJia Al 0 I 111 0 0e- 4f i '-014- 1 "i ipoo op 'it' 40 4 A 1 4 4 i 4 R( 1 4e'e' '''4 It ili zii -'''41 1 i 4' The Charlotte Motor Speedway WEIS built on speed Chiefly it seemed on how fast its operators could talk out of both sides of the mouth From the beginning one never knew what to be lieve Two men Curtis Turner and Bruton Smith were building identical tracks 4' 'y -1-4 i 1 41 It tt i '2 70 -1' NI -iii 1' ol: ii" '4 41t 'i tl''' 6'6' i-'44r: i 1'7 r'44 I d' 44J 7" 40-41 -44 Ih- r' or' 1 -7' I 44 I Ar 4: i it 4 i'- t- 1 4 -k- 00upserzmssmodosearsgr' I AND EN TONlyCH OP 'III 9 ai'01(1 I LWORTH GIFTS For DAD (Father's June 18) ''''''a' 6 Lir i10W! at BIG SAVINGS (t i -444--2 4 I c- i lit: I tifm- -VI :7 A i i9 1: 't ii ii: '1 i 49 40 "'A -99' 1 i Nf :9: 3 i Jr? 'i li 'it -rl' 91: '9 1 4 1:::1 '1 7(F 1 'Z' 1:51 1 By MAX MCHLEMAN chows' awl sports Writer A threat Of foreclosure and subsequent auction of Charlotte Motor Speedway by second mortgage holder James McIlvaine of Alexandria Va forced the resignations of Curtis Turner and Bruton Smith as president and vice-president of the year-o I rare track yesterday The action which came at a board of directors meeting removed Turner who conceived the million-dollar plant and carried it through its first three major races from all connections with the apeedway other than as a stockholder Turner and Smith also resigned their positions as directors after which remaining director's Ellington Lewis Patterson of Concord Nalley of Easley SC Allen Nance of Charlotte and Smith of Big Island Va appinted Nance 38-year-old local business man president and Ellington vice-president No steps were taken to fill the board seats vacated by Turner and Smith Smith was not entirely removed from the picture He was contracted by the new speedway management to serve as promotional director By MAX MCBLEMAN chirion Nws seerte Writer A threat Of foreclosure and and lot te nort- le of res- and and 'o I at a ear tins as Zned die of iley i Lr D' 1 CURTIS TURNER 'S' w4-1- zi' 4 i' i tii '-1'-' gi't 0 t4 kti! 4" to t'l 01 l''''111-'' I t''''' a 4'13S nsiat '414- DUKE ELLINGTON They said they intended to pay off all the creditors who come ahead of their second mortgage and then sell the track at sue tion unless Bruton Smith and I resigned They posed as blood enemies The next day they eloped and became married in a corporation of asphalt arguments pitches for sale of stock and a promise of a greater day for North Carolina than Terry Sanford could image Yesterday all this comet-like conversation came to a smash-up Evidently somebody had blown a tongue Tribute In Passing We pause at this point to pay a singular tribute to Smith and Turner Their feat was a tremendous one In building the Speedway They ramrodded an idea into a reality one of the big sports arenas of the nation But beyond that we can offer little complimentary for their overall operation They bamboozled a structure of giant proportions and still tried to run it like a carnival tent Maybe sorcery was the only method Yesterday some changes were made Smith and Turner were ousted as members of the official family What lies ahead remains questionable Lawsuits for breach of contract are still pending The men in command may decide to shoot straight with the public and try a filter test We look back on some of the things that have hap pended The party line of i'misinformation" rivaled that of a Russian shell game Some of it follows: Turner who says he plans to return to Roanoke Va and en ter the timber business again explained the action which prompted his resignation as follows: "Monday I received notice from Mr Mclivaine and his partner Henry Morgan that they were about to foreclose on $235000 loan they had made us I OVER 400 SUITS REDUCED arktirn AAA elovere tkeriterr tov cK Ivy a til I INGIoutgo6b0 65 DACRON 35 COTTON Regular $3995 55 DACRON 45 WOOL Regular $5500 li lk i 65 DACRON I 35 COTTON ''''11) 0 -f '4 vow' i 4 Regular $3995 i 1 55 DACRON 0: '4 45 WOOL 1 i 4 E' Regular Ft- $5500 l': '''''j I I 2 0 rl 4 ct 4 '4ik --foft fitt ISTII i Mat BOB QUINCY'Sports Editor Ronald Myers FREE Alterations ations FREE CHARLOTTE Juno 9 1961 Values that will amaze Nu! Handkerchief weight DacronCotton and DacronWool fabrics the season's coolest in solids stripes and neat checks Greys Browns Blues and Olive tones in regular and Ivy styles SAVE NOW FOR THE HOT DAYS AHEAD Values that will amaze yciul Handkerchief weight rt irmt 1 tin Alp rtod Us oto ham -Bees Come Home --A Few 01 The Odd Twists First came the reports of financial solvency and freedom of spending Then after a couple of days silence the cannon of proposed lawsuits would begin booming (2) Tickets were sold on a basis the track would open one Sunday in May 1960 All the while the Speed way brass knew the date was an impossibility to make Tickets nonetheless were peddled and the posts ponement announcement "suddenly" arrived weeks la ter (3) They got religion No more Sunday dates 700 COOL SULIMER SLACKS Harried Keeper Clary Is Minus Another Stinger WASH 'N WEAR SUMMER SLACKS "I CALLED a directors meeting for Thursday and in the meantime went to New York to make another attempt at getting a $750000 loan which would enable the Speedway to meet all its obligations including the second mortgage which Mr Mc Maine and Mr Morgan hold "I was successful in obtaining a commitment for such a loan on a 10-year basis but McIlvaine and Morgan refused to withdraw and I resigned "They had said that they would go along with our mort gage if we would make Duke Ellington general manager and a director which we did but of coarse that is not the way it turned out "McIlvaine and Morgan said they were prepared to pay the approximate $800000 in obligagations which would have been necessary for them to foreclose on their mortgage "If they had done this of course the speedway stock would not have been worth wallpaper I asked McIlvaine what he would do if I resigned He said he would withdraw the foreclosure and make every effort to obtain a loan for the speedway However the only committment whichl showed up at yesterday's board meeting was the one which I hal obtained in New York ''So in order to protect the hundreds of people who had invested in the track and to protect my own stock which is the only thing I stand to ever get out of the speedway I rebigned" Turner concluded MCILVAINE contacted this morning in Alexandria Va confirmed the fact that he and Morgan had obtained the resignations of Turner and Smith by threat of foreclosure Said McIlvaine 'lire felt that with good management and we don't think we've had good management we could get a better loan for the stockholders than the one which Turner cameup with "We gave Turner and Smith a year to get such a loan and they couldn't: We felt it was time to do something in order to save the track" II DACRON and WOOL TROPICAL SUMMER SLACKS 1 i 1 i 1 1 1 i I I t' it Al' Values 95 To 1155 i NM IIIMMEMEMP Regular $1595 u97 $1095 '11" arid Pleated Styles Regular 11:97 $1895 Dacron and Cotton to Dacron and Orlon ivy and Pleated Styles (4) The religion angle evidently didn't apply to football They said they had "all but set" a scheduled pro football exhibition between the Redskins and Eagles This was to be on a Sunday (5) After a series of releases about the pro game it was dropped Reason: no one would put up the 640000 guarantee Also there was no playing field something the footballers insisted on having (6) The first "turnout" for a race was estimated at around 100000 according to ticket sales and pitch from the front office The actual crowd was announced at 'somewhere about 70000" (7) Later when the Federal boys wanted their tax money a paid attendance was given at somewhere be tween 30000 and 35000 (8) After they got "religion" they lost it Races again went back to Sunday SPECIAL TO THE NEWS PORTSMOUTH Va Frantic Ellis Clary keeper of Charlotte's buzzless Bees had a couple of more good reasons to bemoan the club's pitching woes today First of all the parent Minnesota Twins yesterday called up Gerry Arrigo 19-yearold right Charlotte lb bl Portsmouth hander who seemed to be the zsVi stsf Drake cf "3t1112b only Hornet flinger with anything leonine 3b 4010 Alomar so 3 working of late Loots ltf 1:1 Charlotte lb bl Portsmouth V'Pze't as 3 1 1 0 ab bl Cl'ss'r's flu 1 1 Drake cf 3121 Rollim 3b 4110 Alomar sa 3301 Coles lb 3 0 1 0 Brown If 4 1 1 Moans If 4 0 betanc't lb 4021 Ivy SIN 0 Cattle Ill 4 0 1 01 Hamner 3b 4 0 0 0 Antoine 3000 Bennett rf 4110 Mondote lb 4030 Allis lb 3013 Taylor 2 1 0 It'rnh'rdt 3 Iii Click 1 0 I 0 Johnson 3 0 0 0 Hernric II Wyatt 0 0 0 I Totals 31 2 7 1 Totals 31 4 9 4 surmidi for Taylor in ith hailotto 002 000 000-2 Portsmouth 003 100 00x-4 2441 Portsmouth 2113 and Coles Alomar Allis end Betancourt 2 Johnson Allis and Betancourt 6 Portsmouth 7 Clessuras Brown Drake Rollins HRillernhardt Draluit hum Collie 300 Summer SPORT COATS Reduced To S9 On The tights For Good What the future holds for Charlotte Motor Speedway remains to be seen There seems no reason why it can't be successful This is racing country the grass roots of stock car speed and enthusiasm 3 ltf 1 01 i' -1'J-171 1 4 '''3 i to 'f-: 1: 4 4''' te I ti REGULAR VALUES TO $3500 "I was glad to learn that Gerry is going up but when 1 asked who they (Minnesota) were going to send to take his place they said nobody right now My pitching is really hurting" said Clary after last night's 4-2 loss to Portsmouth here SECONDLY CLARY is disturbed about Jack Taylor's two-game losing streak Taylor off to his best start in his 13-year pro career had posted a 7-0 rec ord in the month of May and named Sally League Player of the Month before slumping Another of Clary's supposed aces Bob Saban will get duty tonight when the Hornets return to Charlotte to open a series with Columbia at Gritfith Park Saban has also bad rough sieddding his last couple of times out IP SI It lit 1115 SO Taylor 73) 1 4 4 3 4 Heinle 2 7 I 1 2 Johnsen I 711 7 1 2 4 4 Wyatt 124 I 1 2 Hansric 1 and Nowt HANDKERCHIEF WEIGHT DACRONWOOL DACRONCOTTON IMPORTED MADRAS REGULAR AND IVY STYLES A basic honesty of approach and promotion does not seem to be asking too much There are thousands of stockholders in the local enterprise Most of them have been in the dark for almost two years The stockholders and the general public are due a fresh light bulb instead of the reflection of blue cane dielight We'd like to believe that's the new approach More speed on wheels less fast talk Break Losing String iLoosey-Goosey1 Play Was Winner For Twins NW NI NI NI NI ON MN NM Portsmouth put together three runs in the third inning last night on four hits two of them home runs by Virgil Bernhardt and So Ily Drake Title Match Too City-Wide Net Event Set To Open Tomorrow A fine "SelfConforming" straw hat by RESISTOE Pesistol designers have matched the elegant look of this new hat shape to the fine quality of select Italian Milan braid A definitely handsome style for those men to whom smart appearance is important Distinc tive grosgrain band end bow in a new group of summer colors! Other Resistel Straws $595 to $1195 $695 I ISTYI a4 0 1 0 0 i' 1 0 1 i ei041444 itAko grallAaAto '4 4 'A A V- t' 1 ll'h" 40k tr zt A fine "SelfConforming" straw hat by RESISTOE 4 4 it Pesistol designers have matched the elegant look of 05 this new hat shape to the fine quality of select Italian ve Milan braid definitely handsome style for those tr7-'7' i men to whom smart appearance is important Distinc a 1: tive grosgrain band and bow in a new group of 31 47 :3 4: summer cotors 95 'It ---4--- v- Other Resistal Straws $595 to $1195 ''i49 6 I' FROM AP REPORTS BALTIMORE How does a slumping team snap a 13game losing streak? Why relax and enjoy the game play "loosey goosey" That's the advice Sam Me le the acting manager of the Minnesota Twins passed out to his newly acquired charges in a pre-game clubhouse gathering yesterday And the Twins promptly for got shout their losing ways and 1 that their skipper Cookie Lava getto was hack in the Twin Cities "resting" The result was a 3-1 victory over the Baltimore Orioles It seemed like a World Series in Jun When Bill Tuttle caught a fly ball for the final out Minnesota infielders couldn't wait to shake the hand of Pitcher Chuck Stobbs For a change happy talk flowed inside the dressing room quickly transformed from a morgue to a cheery place "I told the players to do the morgue to a cheery place 'I told the players to do the best they could" said Me le who took over for Lavagetto who was called home by President Cal Griffith earlier this week for a vacation "Above all I told them to relax" PITCHING COACH Ed Lopat in: "When you're in a losing streak you're apt to be tight as a drum" said "You've got to play loosey-goosey' so you won't make mistakes" Lopat added an afterthought "I imagine Baltimore is getting to feel the same way we were" Baltimore has been a far cry from a pennant contender in losing seven of its last nine games to drop within one contest of the 500 mark (2726) MINNESOTA GOT two runs in the third and another in the eighth Billy Martin obtained recently by the Twins slammed a two-run homer after he missed a See TWINS on Page 40 a "v' '''''4 See TWINS on Page 4B By LARRY HARRIS Charlotte Nowa Sports Writer Defending champion Herb Browne was expected to seeded number one as pairings were drawn tonight for the annual City-Wide tennis tournament which begins tomorrow at Freedom Park Browne who is also president of the Charlotte Tennis Association said that Cliff Turner tournament director has not yet definitely drawn the pairings Ordinarily the defending champion is listed as the top seed unless he bas been consistently beaten by another entrant which Browne has not' state doubles titlist in 1959 with Ted Keeler who will not enter the local tourney this year WHILE THINGS were getting down to the last detail for the CityWide members of the Charlotte team in the Piedmont League were preparing for a showdown championship duel with Asheboro tomorrow on the Independence Park courts at 1:30 Asheboro leaped into champion ship contention last week when its team whipped Thomasville which had previously whipped Charlotte The Queen City net-ter and Asheboro now are tied with 61 records and this will be the final match of the season CHARLOTTE FIRMLY en trenched in seventh place nine games out of first had garnered a 2-0 lead on doubles by Taylor and Art Clessuras combined with a couple of wild pitches in the top of the third Taylor was lifted after six in nings in favor of Jim Hemric while fastballer John Wyatt took over for Tides starter Jim John son and stopped the Bees cold in the eighth Sudden slump of Taylor is not so puzzling to the Rockwell righthander as the pitching problem is baffling to Clary In the past Taylor has been a late starter seldom reaching his peak before August although he seemed to have rounded into top form more quickly this season Saban veteran of the Hornets' staff also had experienced a brighter spring winning five straight before losing one HOWEVER THE big right bander finds himself trying to shake off a two-game losing binge at Griffith Park tonight FREE STORESIDE PARKING USE THIS CARD Thomasville appeared In have the Piedmont crown locked up until last week when both Asheboro and Pfeiffer College staged upsets to knock T'ville out of eontention GRIFFITH Ladies' Nights Mon Thurs 14 vs SIAIL0111 IRWIN 1234 PLIASOF OAI ektAIL0711 44 I ersikaetod 4 Pay as little as 1 6 Per Month I LWORTH South Boulevard At Park Ave AN I IL Ct: 1 7 I I1 vert I 6 I GRIFFITH PARK-1'45 1 't Lathes thghts Mon Thurs I ta 4 I '-'11141 is 14 '1601a 1 linf 90144 l'''''At' 4 (IS 0 R1111141': 4 CHA erne PP 1 6 Per Month 1231 On i CitALOVII NA i lAti eteo44-'-- lit7 11064( Pay as little as I LWORTIJ III I South Boulevard At Park Ave Others who were expected to be seeded by Turner tonight were Dave Pearsall Steve Watson and Jim Whitehead Deadline for entries was at noon to day Events in eight divisions a slated during the tournament which will run all next week and climax with the final on June 1R Tournament officials expect this to be one of the best city tournaments ever in Charlotte Browne ha teamed with Tom my Holder to offer a strong bid ior doubles boors Holder a a Ralph Rockett Cliff Turner: Claude Brown Charles Wickham I Paul Jones and Gray Lewis are the netters expected to wield rackets for Charlotte tomorrow There will be six singles and three doubles matches in the showdowis battle "I had hoped that Taylor and Saban would maintain their punch until got help and patched up this mound staff Unsettled isn't the word for it 1 Not Too Far Out Not Too Close Convenient Not Too For Out ft1101111111 I on vt COLUMBIA trf0111111161111Bab WawirvillimimeedemaibmMiMatiolgoaralimakti4Amoirmumatwomikiimorfic now" pined Clary 41ko4646A1 ak AA.

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Pages Available:
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Years Available:
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