February 12, 1992 |
DREXEL SUES FOR BONUSES Drexel Burnham Lambert, once one of Wall Street's most powerful investment- banking firms, yesterday sued more than 200 people who once were among its highest-paid executives to try to recoup about $260 million in bonuses. Drexel is seeking the most money - $16.6 million - from Leon Black, the former managing director in charge of mergers and acquisitions. In October, the Securities and Exchange Commission released a report criticizing Drexel for having raised its top officers' pay even as it headed for bankruptcy, but concluding that Drexel had done nothing illegal.
January 20, 1986 |
The Garden State bureaucracy has stymied the scheduled reopening of Princeton's McCarter Theatre on March 3. The devastated McCarter season - sidetracked by a major renovation project and now further frustrated by a late delivery of building permits - will be reduced to two productions. The Shakespeare comedy "As You Like It" will run May 14 to June 1, to be followed, June 12-29, by the world premiere of the Tom Griffin play, "The Boys Next Door. " The previously announced production of Jules Feiffer's "Little Murders" is being shelved for now. The reconditioned 55-year-old theater will reopen officially on May 1 with the 97th edition of the Princeton Triangle Club Show, the venerable student musical - as yet untitled.
May 11, 1989 |
The North Penn school board has trimmed $647,854 from the 1989-1990 school budget, but taxpayers still face a 16.3-mill tax increase if the spending plan earns final approval. The board, by a 6-0 vote, gave preliminary approval Monday to a $60 million budget that would increase spending by $5.2 million (9.4 percent) over this year. Board President Patricia Q. Davis was absent. Board members Bruce McKelvy and Elizabeth Segal were not present for the vote but arrived later. A 16.3-mill increase would raise the district tax rate to 170.3 mills, meaning that the tax bill on a property assessed at the district average of $7,000 would go up $114.
April 30, 1989 |
Twenty-four women seeking abortions at the Cherry Hill Women's Center yesterday found themselves in the middle of a rugbylike shoving match involving about 200 anti-abortionists and 75 members of the National Organization for Women who were guarding the clinic's entrance, police said. The women, however, were escorted into the clinic behind a human wedge of about eight police officers. Two protesters were arrested and one clinic nurse said she was punched in the face; no other injuries were reported, police said.
April 23, 2001 |
Woodstown junior Ben Treadway has pitched with some hard luck this season. Treadway, a lefthander, pitched a no-hitter Tuesday against Williamstown, and lost, 2-0. That's a Williamstown team that is averaging 8.9 runs per game. Both Williamstown runs scored on errors. Treadway struck out six and walked two. There were only two flyball outs to the outfield. "I had mixed emotions about the no-hitter," Treadway said. "One of my goals in the preseason was to throw a no-hitter, so I achieved that goal.
April 26, 2001 |
Coach Brian Stackhouse said the real Downingtown baseball team finally showed up Tuesday in the Whippets' 3-1 win over Ches-Mont League rival West Chester East. "We needed one game to define our team," said Stackhouse after the Whippets (7-4 overall) forced a tie with East (10-1) atop the league standings. Both teams have 2-1 records. "Every championship team needs one game they can always point to. [That game] is the one for us. " Stackhouse was heartened by the performance of righthander Scott Tyler.
February 28, 2003 |
With apologies to Phillies broadcaster Harry Kalas, this is a story about being outtahere. Two days before the Presidents' Day weekend storm, visions of shoveling snow - interspersed with dreams of cold drinks served under a hot sun - invaded the mind of James Mathis. A resident of the Olney section of Philadelphia, Mathis began calling travel agents, and alerting friends and relatives that he wanted to flee the cold. By the time the snowstorm moved in, he had become the informal leader of a group of 15 that booked five days on the beach in Cancun, Mexico, for $850 a person, airfare and hotel included.
March 31, 1997 |
Avon Grove's softball teams have been offensive juggernauts over the years, and this season looks to be no different. The Red Devils have beaten Solanco by 12-9 in eight innings and Pequea Valley by 10-7 in eight innings in their two contests this season. The pitching hasn't been great, but the hitting has been typical for Avon Grove. "We always can hit," Avon Grove coach Tim Parkinson said. "Mike Morgan at Downingtown says he takes pride in his team's defense. We've always been offense.
April 5, 2005 |
When his place is settled in history's ledgers, the legacy of Pope John Paul II will focus on the big picture of his 26-year reign. Front and center will be such iconic facts as his being the first non-Italian pope in 455 years, the way he stood up to communism in his native Poland, the grueling traveling ministry that took him to 133 countries, the forceful way he advocated traditional church teachings on peace, poverty and protecting the unborn....
April 3, 1994 |
Bob Tindall has played six parts in St. John's Episcopal Church's annual Easter week tableau depicting Leonardo da Vinci's painting The Last Supper. He says the most difficult role for him was that of Judas, the Apostle who betrayed Jesus. "It's the most emotional part I ever played. It choked me up," said Tindall, who played Peter for this year's life-imitating-art production, presented Wednesday night. The tableau, a mini-drama in which the Apostles speak of their lives as they dine with Jesus before His crucifixion, has been presented for 10 years by members of the small, 258-year-old church at Routes 340 and 10 in Compass, on the western edge of Chester County.