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BUSINESS Man Charged in Slaying of Infant Daughter

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BUSINESS Man Charged in Slaying of Infant Daughter 20 - MANCHESTER HERALD. Saturday, April 20, 1985 MANCHESTER FOCUS SPORTS WEATHER BUSINESS Court to be told Ribbon Mill offers Gates dethroned Cloudy sky tonight; to tighten procedures blend of old, new at Bolton 5-Miler sunny, mild Tuesday ... page 14 ... page 2 Business Start with auctions to buy home ... page 10 ... page 16 These are the spring weeks when you can't resist — say, a day or two. In Brief This allows corporations that are auctioning house peeping" as you drive your car around your property to get approval from their boards of area or one nearby — and therefore, if you're really in directors or for executors of an estate to get the NYNEX earnings increase the market to buy or sell a house, these are the weeks Your NEW YORK - N YN E X Corp., the regional to look for and attend a real estate auction. approval of the heirs. , It means that if you're the successful bidder, you 11 telephone company created by the breakup of The number of real estate auctions has been on an Money's have to put up with some uncertainty for a period, AT&T, Monday reported its first-quarter earn­ upswing. Propelling the auctions have been forced ings rose 16.1 percent from year-earlier levels. sales caused by bankruptcy, foreclosure or the need to Worth however brief. Auctions of this type, however, protect the seller In the first three months of 1985 NYN E X earned meet estate tax payments. Sylvia Porter You can, if you're informed, shrewd (and lucky) from bargain-basement prices, while letting him/her fHanrh^Btpr Mpralb $257.4 million, or $2.55 a share, up from $221.7 avoid imposing a minimum floor price. The . .... * MnnHa\/Monday, Anr April 22, 1985 — Single copy: 250 million, or $2.29 a share, in the opening 1984 pick up real estate at fire-sale prices during an Manchester, Conn. — A City of Village Charm underlying idea is to encourage attendance and quarter. auction. Sellers needing to get rid of their property Revenues climbed 9.7 percent to $2.50 billion quickly aren't in a strong position to bargain for top bidding. , , 3. In the third type of auction, the fundamental goal from $2.28 billion a year earlier. dollar while buyers can simply step back if the bidding gross sales price. is achieving a minimum price. This is known as "The New York-New England economy con­ appears to be swinging too high. Real estate auctions fall into three separate absolute auction subject to upset price. An auction of tinues to be vigorous and demand for our products Where will you find the auctions? They'll be classifications. this type establishes an advertised minimum price and services remain strong, with customer advertised in the local newspapers and advertised on 1. The first type, called an absolute auction, TV or radio or even billboards. You also can ask your provides the best opportunities for most buyers. In before bidding gets under way. As a result, the Man charged access lines up by 102,000 during the first three property will not be sold for any lower price. 4 months of 1985," said N YN E X Chairman D.C. local real estate brokers if they know the location and this type, if you're the highest bidder, you get the property. The seller cannot change his/her mind after Staley. "A t the same time, we have maintained times of auctions selling the kind of property you Setting a price can be tricky. The seller wants to out efforts to contain costs." want. Most auctioneers invite licensed real estate the hammer falls to close the sale. encourage attendance, which argues against setting brokers to attend. The brokers will register their As a rule, the auctioneer advertises the terms of NYNEX serves 11 million customers in New the price too high. sale in advance. In addition, a sheet explaining those York, Massachusetts, Maine, Vermont, New clients with the auctioneer and. if the client buys But he also doesn't want to let his sales price fall too in slaying of terms is distributed to bidders at the auction, and the Hampshire, Rhode Island and a small part of something, the auctioneer will share his commission low just because he's so eager to unload. southern Connecticut. with the broker. The auctioneer probably will be a terms are repeated before the sale actually gets under licensed real estate broker or at least associated with way. A new twist to real estate auctions is developing Signal tales and profits up one. In some states, auctioneers have to meet strict Because this kind of auction can produce the greatest with the coming of many time shares on the auction licensing requirements. bargains, it tends to attract the biggest crowds and block, reports George W. Nordham, editor of “ Real ROCHESTER, N.Y. - General Signal Corp. One major advantage for buyers at an auction is potentially the stiffest competition. Estate Investment Ideas," a newsletter published by infant daughter has announced slightly higher earnings and sales that your costs are limited to the property itself. The 2. The second type, called auction with reservation, Prentice-Hall. It's not yet clear how well time shares for the first quarter ended March 31. seller pays the auctioneer's commission plus the costs permits the seller to retain the right to reject, for any are selling, but buyers have grabbed some real Net income was $25.65 million, or 90 cents a of advertising and promoting the sale. Auctioneers' reason, the highest bidBut he has to announce the bargains. The idea is still being tested by the Bv Sarah Passell apartment complex, police said. share, a small drop from $24.49 million, or 86 fees typically range from 8 percent to 10 percent of the rejection within a oreviously determined time period marketplace. Herald Reporter Crenshaw confessed between 1 and 2 cents a share in the first quarter of 1984. a.m. on Sunday, police .said. Police said the child was killed after a Sales rose 2.9 percent, to $447.13 million from A 24-year-old Olcott Street man was fight between Crenshaw and Lard in the $343.55 million. charged with murder after he confessed At the annual meeting in Rochester, share­ hallway of their apartment building. Seabrook fund case early Sunday morning to having killed holders voted down a proposal that would have set Lard had a bruise on her upper right his infant daughter on Saturday, special guidelines for conducting business in ,-y Manchester police said today. arm, police said. South Africa and rejected another proposal for Marshall V. Crenshaw of 40 Olcott St., Police said they found no blood inside annual elections of directors. goes to higher court the apartment but seized the child's apartment 302, was held over the General Signal, based in Stamford, Conn., was weekend on a $200,000 bond for crib, the crib sheets and the end table formed In 1962 from the merger of General her parents said she had lipped over. SEABROOK, N.H. (DPI) - manages Seabrook construction arraignment today in Manchester Railway Signal and The Regina Corp. Its main Police sent the furnishings to the State Lawyers for four Massachusetts for the owners, said the owners Superior Court. product areas include equipment for semiconduc­ Police forensic laboratory for testing. utility-owners of the Seabrook were pleased the court agreed to Police would not reveal the method tor manufacturers, electronic control systems for Although Brooks said there is no nuclear plant said Friday the hear the appeal and that the appeal they believe was used to kill the child, mass transit, utilities and other industry and fluid evidence that the child had been subject Massachusetts Supreme Judicial process was moving quickly. 10-month-old Dale-Lyn Crenshaw, control Instrumentation. to recent repeated abuse, police records Court will hear an appeal of a Asked about the outcome of the pending the results of an autopsy by the show that they took her from her regulatory decision on their Sea­ appeal, the president of the lead state medical examiner. A spokeswo­ parents at the age of two months last brook investments. Seabrook owner. Public Service man in the medical examiner's office Three banks report gains year after she was brought to Manches­ The lawyers told executives Co. of New Hampshire, said he will said the autopsy was still incomplete at BOSTON — Three big Boston banks each ter Memorial Hospital with a broken from the 16 New England utilities not concede the project is finished noon. reported first quarter profit increases of at least arm. Using information from friends i t ’ ? ' that own Seabrook the court has if the court ruling is unfavorable. kV The child was pronounced dead on 30 percent, largely attributed to higher net and relatives of the child's mother, scheduled initial briefs on May 2, "If they can't come up with the arrival in the emergency room at interest income. t v 'V - * . -J • ■ ’* • it’ki'^- police said they got a search warrant to oral arguments on May 9 and reply funds there are going to be Manchester Memorial Hospital, where Bank of New England, Bay Banks and Shawmut -‘4_ q examine Dale-Lyn last August and then briefs by May 13. reasons," said Robert J. Harrison, her parents brought her shortly before 5 — all among New England's 10 largest banks — ■ ' 'i'. turned her over to the state Department The appeal follows a Massachu­ adding that the owners would have p m Saturday, police said.
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