Waterloo Public Library Digital Collections

Waterloo Chronicle (Waterloo, On1868), 18 Feb 1981, p. 2

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EAftE moss Opttonal 2 - WAT! ILOO CNRQELQ, mommy You.haven't got a great deal unless you get a great car in the deal. B-K Service Centre has both. Our 1981 G.LC prices start at just 5,090. And we've got a wide Selection of 3 - and S-door models, including the new GLC Decor and the exciting 1981 GLC Sport. " ufOImmucra ithe 'lilaterloo (Annual gall [iiiiiC)::lliiili3Ti'i anal $40.00 pot couple FOR RESE R VA TIONS CALL 88tr-2440 COMPARE OUR NEW FRONT WHEEL DRIVE MAZDA GLC WITH HONDA, DATSUN 8 TOYOTA. THEN COMPARE OUR DEAL. CORDIALLY INVITE YOU TO AWE, FRIDAY, MARCH " 1N1 WW “do: Inn ' Derte1ng+.0ttts.m. would”; THE MORE too LOOK, THE MORE too LIKE OF WATERLOO " UNIVERSITY AVE. E. - 885-5090 SALES . SERVICE q PARTS O LEASING runway is, 1001 (Continua from up i) lively at Saturn's dit- tillery in Waterloo. They could not be reached for comment Monday and a lellow worker at Seagraett's said the pair had left for a cruise in the Carib- bean to be followed by a holiday in Florida. A company spokes- man said the holiday had been planned "some months back" and that it involved “a group of ém- ployees who normally take holidays this time of year." Board president John Gregory of Oakville, a stockbroker with the Toronto firm Andras, Hatch and Hetherington, could not be reached for Director surprised comment. When the Chronicle contacted both his home and otnee several times on Monday and yester- day, it was told Gre- gory's schedule and whereabouts were not known, although be was expected back at his re- sidence at some time both days. On Monday. a woman who said she was the wife of board member Bernie Jordan of Stmthroy. said in a phone interview that the collapse of Cooperative took her husband by sur- prise. Gregory did not ie2'er'l, any of the calls p need by the Chronicle. “They (the board) MPG.' o MAZDA 0 VOLVO a BMW were pretty tttook up about it," the said. “They had no idea (of the financial situa- The woman relusedto give her first name and when the Chronicle phoned back yesterday to speak to Mr. Jordan - an administrator with Strathmere Lodge home for the aged in Strathroy - the woman said Jordan wasn't in and wouldn't return any calls because “I think they've ha'd a note from their lawye- rs," not to speak to the press. The general manager of Cooperative, North York alderman Peter Clarke, was fired se- veral weeks ago and has 61 L/100knf been consistently una- vailable [or comment. Cooperative provided medical and dental in- surance to over 15.000 in- dividual subscribers and about 120,000 subscribers through 1,200 groups. "Obviously, we'll get another carrier," he said, but didn't know if Seagram's would cover any unpaid claims. The act provides for fines up to $25,000 on conviction. But the city hasn't de- cided what to do about any unpaid claims or lack of coverage in Fe- bruary. Hallman said. Drea said in last week's press conference that his ministry will be laying charges under the Insurance Act for improper practices. Terry Hallman, per- sonnel director for the city, said he is "getting quotes and bids to line up another carrier start- ing Mar. I." Seagram's personnel manager Jake Mayer said his company didn't pay its February pre- mium when it learned of the company's difficul- ties. ' Just before the com- pany washrdered into liquidation by the Su- preme Court of Ontario, its surplus funds had dwindled from 81.3 mil- lion to $li,000. About 230 city of Wa- terloo employees and 200 workers at Sea- gram's distillery were covered by Co-opera- tive, as well as 2,960 em- ployees with the Wa- terloo county board of education. Hallman said the un- paid claims total about $12,000, Drea said he didn't know whether any of Co- operative's ll directors will be charged.

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