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Partnership

NEWS
September 21, 1989 | By Robert F. O'Neill, Special to The Inquirer
The Delaware County Council has named two appointees to the beleagured county Industrial Development Authority to replace Chairman Francis V. Mulcahy and member Drew W. Baum, who both resigned earlier this month. Named to fill the seats at the council's meeting Tuesday were Joseph A. LaSala, a former Philadelphia city representative, and Kathryn Kerwin Clayton, owner of a warehouse and distribution firm. Both live in Nether Providence. Council Chairman Nicholas Catania, who also serves on the seven-member authority board, said the board would seat the new members and reorganize at its monthly meeting on Monday.
NEWS
March 19, 1996 | by Cynthia Burton, Daily News Staff Writer
U.S. Rep. Tom Foglietta is in a partnership that owns a boarded-up building in spitting distance from the Pennsylvania Convention Center and owes the city about $34,000 in back taxes. Foglietta says he's tried to get out of this partnership and has tried to get his partners to pay their taxes and sell the building or fix it up. But that's not a good enough answer for former Common Pleas Judge John Braxton, Foglietta's Democratic primary opponent. Braxton held a press conference last week in front of the building at 210 N. 13th St. to say it was a symbol of Foglietta's failure to serve his constituents in the First Congressional District.
NEWS
June 4, 1991 | By Walter F. Roche Jr., Inquirer Staff Writer
State Banking Secretary Sarah W. Hargrove gave her approval in 1987 to a bank's application for a new branch office in Reading at the same time she was an investor in a Philadelphia real estate partnership with one of the bank's principal owners. Hargrove said she had acted only after checking with the Banking Department's legal staff, which concluded that there was no conflict. The legal opinion, she said, was oral and not written. Neither the state ethics law nor the governor's code of conduct specifically addresses a case like Hargrove's.
NEWS
August 17, 1989 | By Gina Esposito, Special to The Inquirer
In May, Riddle Memorial Hospital sued Freedom Group Inc. and two private businessmen, contending that the investors abandoned a partnership that provided for construction of Riddle Village life-care retirement community. On Friday, the developers and the two investors countersued, saying that the hospital never intended to continue with the proposed partnership. In their suit, filed in Delaware County Court, Freedom Group Inc. of Largo, Fla., and businessmen Paul H. Woodruff of West Chester and Peter M. Carlino of Wyomissing, Pa., say the hospital used their services until it could continue the project without them.
NEWS
November 30, 1993 | by Kathy Brennan, Daily News Staff Writer
The pre-trial briefs were full of allegations that Labrum & Doak was a frat-house full of football-watching, beer-swilling good ol' boys who didn't want to let a girl into the tree house. But yesterday's opening statements in the lawsuit against the law firm were dry and technical, with textbook sex discrimination the only allegation made by a female lawyer against the 88-year-old firm's mostly male partnership. "If Ellen Masterson had been a man instead of a woman, she'd be a partner today and not an associate," Masterson's lawyer, Alice Ballard, told the federal jury of six women and two men. Masterson, 35, a Villanova Law School graduate, was passed over for partner in 1991, 1992 and this year despite what she said were "excellent" reviews.
BUSINESS
September 21, 1989 | By Nancy Hass, Daily News Staff Writer
Robert I. Toussie, the New York financier who is wrangling to take over Philadelphia's Lionel Corp., called the company's curt response to his overtures "inappropriate" and said his plans were unchanged. Toussie, whose partners include billionaire Milton Petrie, has accumulated 9.9 percent of the company's stock over the past several months. Last week, his partnership offered to buy out all outstanding shares for $150 million, or $8.25 per share. He gave the company's board of directors a Monday, Sept.
BUSINESS
March 24, 1989 | By Valerie Reitman, Inquirer Staff Writer
Safeguard Scientifics Inc. of King of Prussia said it had agreed in principle to sell its PowerTech Systems Division, based in Aberdeen, S.D., to a Jenkintown partnership, Pitcairn Group L.P. PowerTech, which makes gear drives and other power-transmission devices for industrial uses, has about 350 employees and had sales of about $40 million in 1988, Safeguard said. It would not disclose PowerTech's profits. Neither Safeguard nor Pitcairn would disclose the sale price. Safeguard said that specific terms of the transaction are subject to negotiation and that the deal is conditioned upon Pitcairn's financial and legal review of PowerTech Systems.
NEWS
February 11, 1988 | By Lisa Ellis, Inquirer Staff Writer
The closing on the sale of Woodhaven Gardens to a North Jersey-based partnership has been delayed for 60 days, spokesmen for the partnership, the city and the U.S. Department of Housing and Urban Development said this week. Michael Pomeranc of Fort Lee, N.J., said he, his brother Lawrence and their two partners had asked for the postponement to clear up some issues "so the bank feels comfortable closing with us. " The settlement on the deteriorated former low-income complex, at Woodhaven and Thornton Roads, had been scheduled for Monday.
NEWS
August 1, 2012 | Inquirer Editorial
The U.S. Justice Department's surge of 50 agents, who have been working with Philadelphia police and the District Attorney's Office, is having a welcome payoff. Since early June, they've made 300 arrests on assault, drug, weapons, and other charges, and seized 80 guns.   The Violent Crime Reduction Partnership represents an unprecedented level of cooperation, according to Deputy Mayor Everett Gillison. The theory behind the project is that a small number of Philadelphians commit a large number of crimes.
NEWS
August 2, 1987 | By Rich Henson, Inquirer Staff Writer
The Chester County Partnership for Economic Development has begun a direct- mail survey of county businesses in an effort to learn why businesses locate in Chester County. The 12-page survey, which is targeted at each of the approximately 8,000 businesses in the county, lists 42 questions asking why businesses have located in the county, why they have remained and what they view as the assets and drawbacks of being in the county. The survey was announced Tuesday by the Chester County Commissioners and partnership president Thomas Gallagher.
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