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The Lexington Herald from Lexington, Kentucky • 15

Location:
Lexington, Kentucky
Issue Date:
Page:
15
Extracted Article Text (OCR)

s' rf5f-j 4 The Lexington Herald Lexington Ky Wednesday July 12 1973 15 Sale Of Celtics Is Approved By NBA Board $5 Million Bid To Purchase Bulls Is Rejected disappointed by the! Milwaukee Bucks "I would like temporary setback our group to emphasize the word tern-received today" said Fishman porary We intend to pursue ev-a Milwaukee realtor and minor- cry legal action to assure our ity stockholder of the acquisition of the iii mtmmu EASY WAY TO END DIET DOLDRUMS Tip Dolicinus NEW YUBI Frozen YOGURT NEW YORK (AP) The sale of the Boston Celtics for $31 million to real estate ty-coon Robert Schmerts was approved Tuesday by the National Basketball Association's Board of Governors At the same time the board rejected a IS million bid ter nine-man group from Milwaukee and Chicago headed by Marvin Fishman for pur chase of the Chicago Bulls In Making the announce menta NBA Commissioner Walter Kennedy said that the governors did not vote unanl mously on either action but he did not disclose the vote Thirteen of 17 votes were needed for approval Schmertz 48 of Lakewood NJ is a part owner of the New England Whalers of the new World Hockey Association He had been a minority stockholder in the Portland team but divested his interest in the Trail Blazers upon pur chasing the Celtics The Celtics will continue to play in Boston Garden where they have a year-to-year lease and Arnold "Red" Auerbach will remain as the president and general manager it was disclosed However It la expected that Schmerts will try and build a new stadium In the Boston area to house the Celtics and Whalers Schmertz who purchased the (Celtics from Investors Funding Corp which had owned the club since 1971 will be only the second sole owner in the 26-year history The other was the late Walter Brawn who bought the team In 1946 He died In 1964 is a very good sports town and confident that with the proper promotions and an intensive season ticket sales drive we can improve the said Schmerts "I'm ready to do whatever Red feels is Last season the Celtics had their higgest attendance in history more than 300000 but were outdrawn by the Boston Bruins of the National Hockey League and the Boston Braves of the American Hockey League The Fishman group's offer to purchase the Bulla from Elmer Rich was apparently rejected because it had been unable to obtain a lease for Chicago Sts dium where the club played last Fishman however said he had signed a three-year lease to play a full schedule of Bulls games in the Chicago Amphitheatre The Stadium seats about 19-500 for basketball while the Amphitheatre where the Bulls played during the 1966-67 season holds only some 10500 Arthur Wirtz owner of the Stadium belongs to a group which has offered to buy the Bulls He has refused todiscuss least terms with the Fishman Rroup tte Sf Mi Mata Mori ta btsMsIy-rtcft Mt flrara n4 wsratallf ta ta utami! Mitai UMtta Mtaitas vf Snr MjMt IntMi) lriM Stew SAFE BT A MILE Larry Bowa nears home plate in his slide while Los Angeles catcher Chris Cannizzaro waits for the ball during Monday second game of a twi-nlght doubleheader in Philly (Associated Press Wirephoto) SPEND A GREAT EVENING Fischer In Trouble (CmUmmS Pram Pass 14) screen 30 feet across displayed rtf the positions on the boai In the corridors outside the silence gave way to animate: discussion as people lined up for coffee and sandwiches before a lunch counter At tables chess fans replayed the moves on miniature chess boards talking to themselves in a dozen languages Bill Wheeler 29-yesr-old Off- pus Christ! Tex compter operator quit his job and brought suit leaned forward with his head propped on his fist during the game or rocked back In his swivel chair to get a a longer view of the forces silently colliding on the marble and slate chess board Spassky seemed more comfortable with his forearms on the padded edge of the table His legs were bent back under his chair toes downward Sometimes Spassky walked offstage as he waited for Fis cher to respond to a move A large neon sign blinked on occasionally to admonish Its purpose was to hush a low murmur in the vast auditorium Spectators sat in near darkness most of them too far away to make out what was happening onstage But above and in front of the stage a saving's to Iceland to watch the match A two-time chess champion of Texas Wheeler looked around and said: chess players are quite WITH THE IN PEOPLE AT THE JUNIOR LEAGUE HORSE SHOW $120000 contributed by London investment banker James Slater to persuade Fischer to end his holdout last week Organizers estimated Fischer and Spassky will divide at least another $55000 as the share in the sale of television and film rights Before the players separated Tuesday night Spassky wrote his 41st move on a sheet of paper sealed it in an envelope and gave it to Schmid the ref ereee from West Germany Schmid will open the envelope Wednesday afternoon and make first move for him The championship match was scheduled to begin July 2 but Gudmundur Icelandic Chess Federation played midwife to delays arguments and threatened walkouts When the tardy Fischer finally strode onto the stage Tuesday afternoon Thorarinsson breathed an audible sigh of relief from his balcony seat Fischer dressed in a dark JULY 10 THRU 15 SADDLE HORSE DIVISION Evening Performances Begin at 7:30 ffenhauser Builder Is Dead At 70 at ill $2i ill jyt: sP I a I Minor Leagues Classified Ads Get Results INTHNATIONAL TMnratsr Lsutavffle 1 LOCAL AND LONG DISTANCE PHONE 252-2172 PHONE 252-2172 SANTA ANA Calif (AP) -Dale Drake whose automotive company builds the racing engines that have dominated the Indianapolis 500 has died at the age of 70 Drake died suddenly of heart attack after entering St I Hospital in nearby Or-lange Monday night a spokesman said Since 1948 he had headed the company building the Offenhau-ser engine a four-cylinder engine that has been wiimini: races since the early 1920s an: I powered the winning car at In jdianapolis this year Since World War II called Drake-0 ffy after Drake took sole control of production in 1965 have won Indy in all but six years 1965-67 and 1969-71 Drake worked as a mechanic on the Indianapolis racers driven by Louis Meyer who won Indy in 1928 1933 and 1936 At that time virtually all the race cars were powered by Of fenhauser engines In 1946 Drake and Meyer bought out Offenhauser an: formed the Meyer Drake Eng neering Co to produce the engines Drake changed the company's name to Drake Engineering and Sales Co after he gained sole control of the firm son John la president of the company Drake is survived by his widow Eve his son John and two grandchildren Funeral arrangements were pending "Atlas Listens and Learns STORAGE PACKING CRATING days only! Offer Ends Saturday! Offering "Geld Cup" service as performed by Bill Muncey and Atlas winner of Owensboro Governors Cup Detroit Gold Cup and Madison Gold Cup MOVING STORAGE INC 321 HENRY ST LEXINGTON KY 1912 Cadillac Sale Firestone 500 Steel Belt demonstrators Executive Cers It'i really tough tough becauu it has two armor belli of sted under the tread These steel belts give excellent pro-teetkm against impacts cuts and bruises Sted belts resist tresd "scrubbing" oa pavement to give long tire wear Sted ends ta the two belts am set so dose together It takes 805 feet to make just one tin This steel is so strong a single card will pull a carl Sted -along nith modem polyester body cords and a deep rugged wide tread-snake (ha toe tire to put between you and tin trouble it you have driven other fine ears but wanted to own the uStandard of The World 99 Cadillac See us before making any decision to purchase elsewhere ms an it ww or mnm wt aw aw im MISS OUT I Eiluw mwf on anwwn os rffNiuif CemftAV at nvstww dtstars md s( sarrtee stMteN dMtrhf tee Awhmm steSb BIG SAVINGS DURING THIS CLEARANCE! EXAMPLE set of 4 permanent eir stays on your tires Attention owners of PICKUPS VANSCAMPERS Firestone TRANSPORT Heavy-duty 6-pfy rated tires 19 72 Sedan DeViUe vinyl roof license frame floor mats trunk mats white wall tires AM-FM stereo radio tinted glass remote right hand mirror six-way power seats door edge guards automatic climate control power door locks tilt wheel lamp monitors bumper impact strips Retail $819175 ON SALE ONLY $64S5 Accurately registers pressure from 16 to 32 lbs Permit! Inflation of tlrs without removing gauge Only 1 Vi" high weighs lei thin 14 oz each Weather-tight dust caps Included Set of 4 Limit ona sat Block tub jbe-typo Plus 62 36 Fed Ex tax and Sra off your vehicle OTIEERS TO CnOOSE FROM AT IILGE SAVINGS! Additional $211 tot If wa should sell out of this ham we'll glva you a ralncheck assuring later delivery at the advertised pries OthwrateM low prtcd I Quantrell CORNER MAIN ROSE PHONE 252-1171 3 AND ALL PARTICIPATING MARATHON DEALERS 1490 Now Circlt Rd 2664161 266-2161 'VT inteaewMii.

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About The Lexington Herald Archive

Pages Available:
871,773
Years Available:
1896-1982