‘
.

* e @.-

reporter
eee
by
Ellsworth
Dickson

Today’s question is:

The purchase of Kaiser Resources by
B.C.R.1L.C. has raised some eyebrows with
numerous directors of both co

personally benefiting from the sale. A total
of 19 Kaiser employees invested $5,500,000
and will now reap $9 million.

‘What do you think of
Kaiser and B.C.R.I.C.
employees making
personal profits

sale of shares?’

\ was leaked.

A10-Wednesday, September 17, 1980- North Shore News|

rporations

investigation is in order.
Greg Strong
North Vancouver
This situation has
probably happened many
times before. This does
not mean I am in favour .
of this kind of behavior

though, particularly
because it is a public
company. I think it is
immoral to use your
capacity in a _ public
company to personal
advantage.

Freddie Anderon
North Varcoover

1 think there should be
an investigation. I
wonder if it ts possible
that advance knowledge

Mr. Datton
Lancashire, England
~ Anywhere there ts a
fast buck to be made

people will take ad
vantage of it. And the
higher up they are. the

quicker they are to act
and more likely to have
the funds to do tt

David Ingram
North Vancouves

1 think that legislatnon
should be passed so that

directors and their
families would be
ineligible to make
windfall profits feo as

physically impossible 10
Stop rumours and tcaks
for this kind of ching

SE

SEARCH FO
car parked outside Westlynn Shopping Mall Saturday,
following four purse grabs in SuperValu. Management
staff from the store chased two suspects and held them
until the police arrived. Charges are pending against a

man anda woman. (Terry Peters photo)

winemakers!

make real wine
this fall... |

Council overrules

City staff vores
. Zinfandel Muscatel Palamino

We sell everything you need to make wine ;
inc. grape crusher, vinociear (filter) and tablets.

the Rosalie Delicatessen

on housing scheme

A proposed housing After the commission has

development near the looked at the proposed 1801 Lonsdale
Burrard drydock has beaten rezoning it has to return to 2 Biks. below London Drugs 988-3515
an attempt by staff andsome council again final approval. =
council members to have the
project rejected.
The application to rezone

the 100 block East ist Street
for residential use was
passed on to the Advisory
Planning Commission (APC)

CHI

at last week's council

mecting. Celebranng 70 years of aualiny
City staff had recom- ~

mended the project be

rejected because that area is
designated primarily for
industrial use in the City’s
community plan.

But at the council
meeting, Alderman Stella Jo
Dean said she was not going

Sale Ends Sept. 30

_SPECIALLY PRICED REMOTES

to support the staff
recommendation and said
the proposed rezoning

should be forwarded to the
APC.

She was supported by
Aldermen Elko Kroon and
Bill Sorenson who agreed
that, with proper safeguards,
housing could be built that
close to the industrial arca of
the City.

Aldermen Frank Marcino,
Gary Payne and Gordon
Cross objected to the
development, mainly
because they said the oavtsc
in Uhe area would make it
untenantable.

“I don't think we have to
accept development just for

SILENT
the hell of it,” Payne said REMOTE
Housing “just half a block FUNCTION

from Burrard drydock”
not. be
housing, he said

Cross said there was no

e@
would

successful

SAME DAY

DELIVERY
woy the proposed
development could be $9990
compared to the housing
planned for Lonsdaic Quay ,
“Anybody looking for a ”?
tranguil semblance of life ts 26

certainly not going to get it

hving there .~ he said

Mayor lack Loucks broke | C.G.M. SOUND & COLOR |
the tic tn favour of tor . 24 Yrs of Protessional Sales & Service
warding the proposal for

1596 MARINE DR. 987-3121 987-4323

comment by the A PC