Enter a name, company, place or keywords to search across this item. Then click "Search" (or hit Enter).

Copy the Page Text to the Clipboard

Show the Page Image

Show the Image Page Text


More Information About this Image

Get a Citation for Page or Image - Copy to the Clipboard

Go to the Previous Page (or Left Arrow key)

Go to the Next Page (or Right Arrow key)
Page: of 20

Hardeman Refinancing Should
Benefit Local Creditors Soon
Paul Hardeman, president of
Paul Hardeman, Inc., prime
contractor for construction of the
Nevada Irrigation District's $59
million Yuba-Bear River hydroelectric development, has stepped
down as president of the firm in
a move to pull the company out
of financial difficulties.
Hardeman's local financial
difficulties include the refusal of
the NID to make a project payment to. the firm of more than
$900,000 because the contractor's
‘ financial obligations were in ex_ cess of the payment.
The district put a hold on payment of the check on Dec, 14
with the. proviso that payment
w ould be made when financial
arrangements agreeable to the
contractor, the bonding company,
the creditors and the district had
been made.
OPO ROHOMORCReHOR
WORLD PRESS DISPATCHES
President Asks For
More Funds To Run
Disarmanent Agency
President Johnson in WASHINGTON asked Congress for funds to
continue the U.S, Arms Control
and Disarmament Agency for another four years, with stepped-up
research on disarmament, Mr.
Johnson emphasized the need to
‘stop the spread of nuclear weapons
andto reduce the expensive burden of the arms race, A letter
from Arms Control Agency Director William Foster accompanying
Johnson's letter to Congress said
that “Armaments alone can no
longer increase security; the unchecked increase of these weapons
of mass destruction can only diminish our safety. "
++ +++
In other messages to Congress,
Pres. Johnson asked for a Social
Security financed Medicare bill;
authority to spend $1.5 billion in
the next year for educational
legislation toward “a national .
goal of full educational opportunity"; reform of immigration
NEVADA COUNTY NUGGET
Published Every Thursday By
NEVADA COUNTY NUGGET, INC. 318 Broad Street,
Nevada City, Calif.
Alfred E. Heller, PublisherDonald L. Hoagland, Editor.
Second class postage
paid at Nevada City, Calif.
Adjudicated a legal newspaper
. of general circulation by the
Nevada County Superior Court,
June 3, 1960, Decree No. 12,406.
Subscription rates: One year,
$4; Two years, $6; Three
years, $8. 3
kKkekekkkkkek
1964 MERIT CITATION FOR
GENERAL EXCELLENCE.
AWARDED BY CALIFORNIA
NEWSPAPER PUBLISHERS
“ASSOCIATION
NID manager Edwin Koster said
this week that hehad heard of the
change over in the Hardeman organization, but had received no
official word from the contractor
and the district was contemplating no action in relation to the
Hardeman check situation this
week, The directors are scheduled to meet Monday.
Although there has been no official word locally, the financial
transaction in w hich Hardeman
stepped down as president of the
firm to position of chairman of
the board and a director, was
thoroughly covered in the Friday
edition of the Wall Street Journal, Hardeman was replaced as
president by Merrill L, Nash,
president of Livingston Rock and
Gravel Co,
In a complicated financial
transaction, Universal American
laws based on “the work a man
can do. and not where he was
born”; $3.3 billion in foreign aid;
and $101 million for poverty aid
to Appalachia, migrant workers,
slums, potential drop-out studentsand Indian tribes.
+++ 4+
A Federal Grand Jury in Jackson, MISSISSIPPI, indicted 18
persons, including Neshoba
County Sheriff Lawrence Rainey,
his deputy, Cecil Price, and
Richard Willis, a Philadelphia,
Miss, , policeman on charges resulting from the death of three
civil rights workers last June.
FederalJudge William Cox, who
convened the GrandJury, was reported last Marchto have referred
to 200 Negro voter applicants as
“a bunch of niggers, ".."“chimpanzees” who “ought tobe in the
movies rather than being registered to vote."
++ ett
In MOSCOW the conversion of
400 consumer goods factories to a
supply -demand production sytem
was announced by the govermment.
+ +/+ ++
Prime Minister Harold Wilson
announced in LONDON that Soviet Premier Kosygin would come
to Britain in the spring for the first
of an exchange of visits with him.
++ ett
At the UNITED NATIONS the
General Assembly met for the first
session since December 30 and
heard Secretary General U Thant ©
and President #lex QuaisonSackey make an urgent appeal to
U.N. members to pay their debts
to the U.N. treasury. The Assembly has been deadlocked since
Dec. 1 because Russia refuses to
pay its $52 million debt for-U.N.
peacekeeping efforts that it does
not agree with, and the U.S.
holds the position that nations two
years in debt must pay before they
are granted voting rights, Soviet
delegate Federeiko offered before
this session began to make “substantial” voluntary payments to
the U.N. but insisted that Russia
first be guaranteed the right to
vote in the Assembly.
Corp. of New York, parent company of the Hardeman firm, was
quoted in the article as saying the .
Hardeman firm had suffered
severe losses during the past several months in connection with
several large construction projects
and about $15 million in cash had
been made available to Paul
Hardman, Inc,
Universal said trade and bank
creditors which are owed in excess of .$15 million have agreed
to a one year moritorium on
Hardeman's debts.
Hardeman has loaned Paul
Hardeman, Inc., $3 million
which he received from Universal
through the sale of his Universal
stock back tothe parent firm, Additional cash made available to
Hardeman, Inc. has come from
a $9 million advance made by
Aetna Casualty and Surity Co.,
bonding firm for the Yuba-Bear
River project, and proceeds from
the recent sale for $3 million of
Hardeman's Canadian subsidiary.
This additional cash, according to the newspaper report, will
be used in connection with the
completion of various construction projects undertaken by
Hardeman and: bonded by Aetna,
for payment of other creditors and
for working capital.
Ah Lawd Didn’t It Snow
The Nugget of this week just
one year ago was a special, almost hand-made, edition.
It was not done that way because the staff enjoys that kind of
thing, but because just one year
ago today the area was deep in
snow and power was off throughout most of the county.
Newspaper equipment was toted
by car to one of the few homes
with electricity and the edition
was painstakingly put together.
A year later the flowers are beginning to pop up through the
ground and we are beginning to
think of Spring editions, flowers
and all the other joys of warm
weather,
Weather.
NEVADA CITY
Max. Min. Rainfall
Jan. 14 52 30
15 67 30
LG <8 30
17 57 31
18 61 36
19° +61 36
20 47 35 46
Rainfall to date 53,19
Rainfall last year 22.61
GRASS VALLEY
Max. Min. Rainfall
Jan. 13 62 36
14. +60 40
18." 12 39
16>. 65 39
17 66 41
18 68 . 49
Te ay fh 44
20 #50 37 Oy te
Rainfall to date 53,21
Rainfall last year 23,23
bd
NEVADA CITY DISTRICT RANGER headquarters of the Tahoe National Forest was moved into Nevada City this week from the main
headquarters on Highway 49, The new district headquarters will be
located in offices formerly occupied by the county superintendent
of schools at Pine and Commercial Streets, Here George Clanton
(left) and Dan Beardsley are shown moving office equipment into
the new location.
Short-Lived Moratorium On Death
For a few hours this week there
was a moratorium on death in
Nevada County because the
county was without a coroner,
Coroner Alva Hopper, county
coroner for 22 years, submitted a
letter of resignation Monday,
Hooper had to resign because of
a recent opinion of the Attorney
General's office making it a conflict of interest for an elected
Grass Valley
Enlarges Staff
Grass Valley Elementary School
Board enacted a variety of personnel matters at their meeting
Monday night.
Topping a long and varied list
is the approval of the hiring of a
pupil-personnel person with a
psychology credential to handle
district testing and counseling
programs, hiring of a reading
specialist to aid in both remedial
and reading enrichment programs, and approval of hiring of
six teacher aides to handle yard
and cafeteria chores and thus freeing teachers for more preparation
time,
(Continued on Page 20)
county coroner to have an interest in a mortuary business.
Hooper has been associated
with several mortuaries in the
county during his career and late
last year joined the firm of Bergemann & Son Mortuary in Nevada
City.
His resignation automatically
leaves the county without a cor-~
oner or any deputies.
The situation was brief, for as
soon as the coroner resigns the
government code provides that
the judicial. district judges shall
act as coroners in their own districts until a new coroner is appointed,
The supervisors may now appoint anew coroner to fill the vacancy created by the resignation
or may consolidate the post of
county coroner with the offices of
the district attorney, the sheriff or
the public administrator.
Second Unification
Hearing Is Set
A public hearing on the question of unification of the Western
Nevada County schools will be
held at 8 p.m. Jan, 28 in the
Nevada City Elementary School.
The Electronic
The Nugget has deterniuned as
completely false a report that a
man was electrocuted while attempting to enter a Nevada City
bar yesterday evening,
The man was reported to be in
a slightly intoxicated condition
when he became acutely dizzy
under the revolving signs and
blinking lights of the tavern,
To steady himself, according
tothe story, he reached for a protruding object, which turned out
to be an electronic cocktail glass,
The rumor had it that the man
then collapsed, dead on the spot;
the neon cocktail glass was unharmed,
The discredited story continCocktail Glass
ued: a large crowd of onlookers
gathered, and many of them finally retired to the bar, Business
was brisk as many toasts were of-.
fered in memory of the deceased.
In order to protect themselves
from the electrical hazards which
killed the unidentified man, they
entered the bar through a passage
quickly cut through from an adjoining building.
The dead man's last. name was
thought tobe O'Neill, but no relation to the city councilman who
has proposed a historical ordinance for Nevada City, under
which downtown signs should be in
keeping with the character of this
wonderful town,
S96T ‘Tz Arenues:* *1083nN Aaun05 EpeAoN‘** WY)