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” ments from Ellsworth Groce, also known as Chi-Town Renamed Crocker I ndected # 7 j Stax Bankrupt “Rocky Gee,” an independent record ' CHICAGO — Chi-Town Records, the Un- fact he had received cash payments. Interest Payment The indictment’s first count that promoter from Teaneck, New Jersey. The ited Artists manufactured and distributed charged Kennedy said the bond would be needed on September 15, 1975, Crocker was grand jury charged that while Crocker progressive soul label, has changed its j for possible payment of interest the bank questioned before the grand jury as to denied ever having received promotional name to j Chi-Sound Records. whether he had ever received cash Dav- claims is mounting up on its loans to Stax. money from Groce, Groce had in fact made j But if the bank becomes an unsecured payments to Crocker totalling over $10,000 For The Record fr28 creditor, Kennedy argued, bankruptcy during 1974-75, to promote the records of Ave., Evanston, Illinois 60204. rules say interest stops running the day an companies including Capitol, Playboy, TAKE THE MONEY AND RUN — According to Howard Bloom, ZZ Top grossed $2, 116,- involuntary bankruptcy petition is filed (in Curtom and Babylon Records. 000 during the first month of their Worldwide Texas Tour, so far seen by a quarter-million this case, December 19th). Therefore, he The second count of the indictment patrons. Bloom predicts a total gross of over $20 million . The fifth race at Aqueduct said, no bond is needed for the bank’s alleged that Crocker denied receiving cash Raceway on Long Island, N.Y. was re-named The 5th Dimension Race Sunday, July 18. interest payments from Harry Coombs, a promo- Group appeared in the winner’s circle to present the purse . Frank Sinatra will appear in | tion man for Philadelphia International However, bank attorney Wynn Smith five cities in the U.S. and Canada Aug. 21-29 including dates in Cincinnati, New Jersey, j Records, when in fact Coombs paid that the bond was to protect against { argued . New York, Vancouver and British Columbia . The Tropicana claims to be the first Las Crocker $400 in cash on or about Decem- diminution of the value of assets while a Vegas Strip hotel to feature three major show attractions simultaneously, according to ber 12, 1973. reorganization plan is being formulated. Tropicana board chairman Fred Doumani. Beginning Aug. 19 through Sept. 5, the hotel Jonathan L. Goldstein, U.S. Attorney for Kennedy objected to legal harassment will present the “Folies Bergere,” Rodney Dangertield and Alan doing “The Elvis Presley the District of New Jersey, indicated that 1 by the bank, saying, "The bank, for Story . Paul Williams headlines the Universal Amphitheatre Aug. 20-22, fresh back Crocker faces a maximum sentence of 10 whatever reason, wishes to bury Stax from an Australian TV special . Tavares will appear at New York’s Beacon Theatre July years’ imprisonment and a fine of $20,000. Records.” Kennedy said he would have to j "Tell Me That It’s Me . Melba Moore stopped by the Peaches store in St. Louis on her The arraignment is set for July 30 before consult with Stax officers before deciding way to the Mississippi River Festival at Southern Illinois University at Edwardsville Melba J ; Judge Frederick B. Lacey of the U.S. whether to appeal. He has already filed a did two TV interviews and quipped for three newspapers whilst immortalizing herself in ce- Federal District Court in Newark. notice of appeal on other decisions involv- ment . On July 21 the Doobie Brothers were also gifted cement shoes by Peaches who According to Goldstein, Crocker is the ing Stax. may soon run out of rock stars to help promote their stores unless playlists loosen up. second disk jockey to be accused of lying There’s a chance Stax again might be re- ORDER IN THE COURT — Some weeks ago we asked “Who is Roderick Falconer?” before a federal grand jury, the first being quired to post a sizable bond if it appeals. Well, we’re still not altogether sure, but here are some additional clues. His UA LP, being Paul “Burke” Johnson, formerly of WAOK, Stax’ chairman Al Bell, now on trial on produced now in England by Matthew Fisher (Procol Harum) is to be “an antidote to all the j Atlanta, who later pleaded guilty. The con- charges of bank fraud, said "We will fight sexual, political and cultural disorganization present in our society." Falconer, who feels j tinuing investigation of illegal practices in this thing all the way.” we need order in our life and music is on record (in print) as despising people like Patti | the recording industry has resulted in 27 Smiih who he feels is a perfect example of musical disorder. Falconer’s album will see an Reorganization convictions to date. end-of-summer release; the public will be the judge. Kennedy also mentioned the possibility REEL TO REEL — At Wally Heider’s (San Francisco): Herbie Hancock’s latest LP with of corporate reorganization under Chapter For Life Premieres Fred Catero at the boards and Susie Foot assisting . Wah Wah Wafson LP also finishing Ten of the Federal Bankruptcy Act. Unlike a LOS ANGELES — Japan’s For Life Records up with Catero and Foot handling mixdown . Edwin Hawkins working on an album with Chapter Eleven reorganization, he said, a will introduce itself to the U.S. recording in- Phil Edwards ... At Sunset Sound Recorders: Elton John with producer Gus Dudgeon Chapter Ten allows alteration of the rights dustry at the Troubadour July 28. The doing string overdubs . Maynard Ferguson overdubbing tor Canadian Olympics of both secured and unsecured creditors. presentation will consist of a promotional soundtrack . Jackson Browne produced by Jon Landau . Bonnie Raitt with Paul Chapter Eleven deals only with unsecured film on the label as well as a live set by Rothchild producing, John Haeny engineering . Tim Moore cutting with producer creditors, dividing a corporation’s or in- singer/songwriter Shigeru Izumiya. Michael J. Jackson . At Hollywood Sound: Wayne Henderson (Crusaders) producing dividual’s assets after secured creditors singles tor Pleasure and Ronnie Laws, a new LP for Fantasy artists Side Effect and an have taken their security. album for Capitol’s Caldera and Arthur Adams . At Davlen: Doug Messenger (former R&B New Adds is WNOV — MILWAUKEE A Chapter Ten proceeding reserved lead guitar with Van Morrison) producing Judi Pulver with Len Kovner assisting . #1 — Getaway — Earth, Wind & Fire only for corporations, which must show Messenger also at Stronghold (North Hollywood) with Al Thomas at the board for same Free — Natural Four — Curtom they cannot obtain adequate relief under act. Lowdown — Boz Scaggs — Columbia BLT — Lee Oskar — UA Chapter Eleven. QUOTE OF THE WEEK — Dave Peverett, lead guitar for Foghat, on playing the pubs in This Masquerade — George Benson — WB Stax has about $30.8 million in debts with England: “There were so many fights, we’d often find people jumping onstage, pretending Brazilica — Ramsey Lewis — Columbia ” Porcupine — Nature Zone — London about $9.7 million in assets. to be members of the band in order to avoid getting knocked about. Stephen fuchs #1 LP — George Benson New LPs — Pleasure, Wild Cherry, Commodores, Curtis Mayfield. Ohio Players, MFSB, Jeannie Reynolds, AWB, Nancy Wilson, Spinners Reggae Trend May Lead To New Store Category » KCOH — HOUSTON #1 — Who’d She Coo sales, ana at this point we see no reason to 150-200 Titles up in our ‘top 100' weekly sales figures, ex- You Plus Me Equals Love — Undisputed Truth — Whitfield update a distinct reggae list on a regular Town Hall Record One-Stop, Inc. has cept during their first week of release. A Face To Face — Dee Erwin — Chelsea After The Dance — Marvin Gaye — Motown basis." Father’s and Sun's will continue to been compiling a reggae list for five good reggae album moves about 10 pieces years, No, No Joe — Silver Convention — Midland list reggae albums, in future releases, un- and disagrees that Island and reggae are per week.” Entro — Graham Central Station — WB One Love In My Lifetime — Diana Ross — Motown der "soul,” as they’ve done in the past. that list is Rediske did not believe the Apex-Martn synonymous. "That Apex inade- Discofied — Rhythm Heritage — ABC Apex-Martin Disagrees quate," commented a spokesman for the list was totally without merit. “I would say Jive Talkin’ — Chaka Khan & Rufus — ABC New LPs — Spinners, Bobby Williams Apex-Martin, however, oelieves that company, “because it’s not the true picture. that Island is the seller. It’s the leader of KYAC — SEATTLE reggae in the states, except Columbia is #1 — Strokin’ — Leon Haywood reggae is becoming sufficiently popular to We’ve sold as many of Byron Lee’s This Is No, No, Joe — Silver Convention — Midland Carnival’ on Dynamic Records (approx starting to make some in-roads with Peter warrant a distinct list on a regular basis. If You Can't Beat ’Em — Mark Radioe — UA imately Tosh, which is one of our top four reggae We Both Need Each Other — Norman Connors — Buddah Their list, which debuted in July, will be up- 5,000 pieces) as Marley’s Open Up Your Heart — Muscle Shoals Horns — Bang Vibration.’ sellers. Also, the Mighty Diamonds and U- dated each month. Originally grouped un- ‘Rastaman #1 LP — George Benson Town Hall’s current list, which logs be- Roy are appearing.” New LPs — Jerry Butler, Chicago der a disco/soul/jazz monicker, reggae will KDIA — OAKLAND 1 despite the of Island’s now be considered a distinct section for tween 50 to 200 titles, reflects this conten- However, success You To Me Are Everything — Real Thing — UA the entrance of CBS You To Me Are Everything — Revelation — RSO reporting purposes.