Denver Business Journal articles from November 1991

Denver Business Journal archives from November 1991

The CenterPort partners: who they are - how they operate. (Sam Houston, Dave Dawson, William Lloyd Davis and Everett Davis of CenterPort International)
November 29, 1991... It has been billed as the battle of the airports. But the bitter fight over air-cargo operations at the $3.1 billion Denver International Airport and tiny Front Range Airport is not just between aviation directors George Doughty of Denver and...

Emu ranching gives flight to retirement fantasy.
November 29, 1991... Ron Di Donato's 10.5-acre spread in Indian Hills is the kind of All-American place where the deer and the antelope roam -- and the emu breed. The 44-year-old Di Donato is hoping the large, inquisitive, bug-eyed birds are the ticket away from...

Law to shore up Medicaid coffers may be blocked.
November 29, 1991... Colorado's new plan to pull more Medicaid money out of federal coffers may be terminally ill. A proposed agreement on Medicaid funding between White House budget officials and the National Governors' Association would -- if approved by...

Businesses increasingly favor PPOs over restrictive HMOs. (preferred provider organizations; health maintenance organizations)
November 29, 1991... Denver-area employers have begun to turn away from health maintenance organizations, according to a new study. Healthcare Computer Corp. of America, a Denver-based company that tracks managed care companies, found that employers are more...

Driving toward a '93 transit bill. (proposal to increase gasoline tax for regional transportation financing)
November 29, 1991... Regional transportation planning is on the rise again. Undaunted by the failure of the Metropolitan Transportation Development Commission to get past the state Legislature in the last two years, the Denver Regional Council of Governments is...

Colorado a la Pebble Beach? Lone Tree draws same suits. (Lone Tree Homeowners Association and Celebrity Development Corp. files case against South Suburban Recreation District)
November 29, 1991... The Lone Tree Country Club brouhaha has brought Colorado a little bit of Pebble Beach. A Japanese company's purchase last year of the Pebble Beach Co. holdings south of Monterey, Calif., and the decision to take the public golf course...

Managed care firm tightens oversight of mental health. (Mental Health Services Inc.)
November 29, 1991... Searching for a competitive advantage, Mental Health Services Inc. has created a "fourth-generation" managed care system for mental health patients that has even attracted the area's largest health maintenance organization as a client. By...

Birko Corp. knows meat-processing industry inside and out. (Company Profile)
November 29, 1991... Tripe is an unusual dish, but it has been feeding the Smith family for nearly 40 years. In 1953, Ward Smith and Florence Smith founded Birko Corp. in their Ogden, Utah, garage to manufacture cleaning and sanitation products for the meat and...

Tough times for radio add up to boom times for Jones Satellite. (Jones Satellite Audio Inc.) (Company Profile)
November 29, 1991... Fast-growing Jones Satellite Audio Inc. is adding 12 to 20 radio stations a month to its network of customers for satellite-delivered radio programming. Under 100 percent ownership of cable television operator Jones Spacelink Ltd. since...

AEP restructures board of directors in expansion push. (American Educational Products Inc.)
November 29, 1991... Boulder-based American Educational Products Inc. has restructured its board of directors to bring more expansion-financing expertise into the company. American Educational specializes in the design and manufacture of mathematical and...

Pace opens first Western Slope discount club. (Pace Membership Warehouse Inc.)(Colorado Roundup) (Brief Article)
November 29, 1991... GRAND JUNCTION -- Pace Membership Warehouse Inc. will open its seventh Colorado warehouse in Grand Junction next spring, giving the Western Slope its first discount shopping club. The 135,000-square-foot warehouse will be located at the...

Phone company will merge. (Delta County Tele-Comm Inc.; Telephone and Data Systems Inc.)(Colorado Roundup) (Brief Article)
November 29, 1991... DELTA COUNTY -- The stockholders of Delta County Tele-Comm Inc. -- a local exchange telephone company serving 6,200 customers in west central Colorado -- agreed last week to merge with Chicago-based Telephone and Data Systems Inc. The phone...

Packaging firm adds pizzazz to promotion. (Marketing and Professional Services Group Ltd.)
November 29, 1991... MAPS Group Ltd. has always put style before substance. Owners of the Denver-based company, which produces packaging for videotapes, compact discs, floppy discs and product samples, figure that if a customer isn't interested enough to get past...

U S WEST. (Telecommunications) (Brief Article)
November 29, 1991... U S WEST named James Osterhoff executive vice president and the company's chief financial officer, effective Dec. 6. He replaces Howard Doerr, who will relinquish his post as CFO on Dec. 6 but remain as executive vice president until his...

Slow start in Lowry race. (planned financial center of the U.S. Defense Department; Lowry Air Force Base)
November 22, 1991... Here we go again. In what could become a repeat performance of the bidding war for Chicago-based United Airlines' maintenance facility, Denver is poised to do battle again -- this time for a huge armed forces finance facility. The...

CEOs: overpaid or underpaid? (Colorado's chief executive officers)
November 22, 1991... John Malone of Tele-Communications Inc. was the most underpaid chief executive officer of a major Colorado public company last year. Raymond Plank, chairman of Apache Corp., was the most overpaid. So says a new study by the Washington,...

The Wait is worth it for fixing old books. (Wait Bookbinding) (Company Profile)
November 22, 1991... Even for someone who loves books, Laura Wait has a peculiar reading list. "I read books about books," said the 37-year-old bookbinder. "The last book I read was about pests that eat books." The Denver-based proprietor of Wait Bookbinding...

Porter's acting chief nixed for CEO job, quits hospital. (Porter Memorial Hospital's acting chief executive officer, William Hilliard)
November 22, 1991... The acting president of Porter Memorial Hospital resigned last week after learning he had been cut from a list of candidates being considered for the permanent position. William Hilliard's resignation was effective immediately. "When he...

United Banks of Colorado's. (bank sells building to Norwest Corp.) (Brief Article)
November 22, 1991... Speaking of singing, Nov. 15 was United Banks of Colorado's swan song for the customer dining room on the 31st floor of One United Bank Center, fondly known as the "cash register building." United, purchased by Norwest Corp. of Minneapolis in...

Schmid plugs into comeback. (Fred Schmid Appliance and TV Co. rebounding after merger with Fretter Inc.)
November 22, 1991... Don Andresen can smile now. Two months after the merger of his faltering Fred Schmid Appliance & TV Co. with Fretter Inc. of Detroit -- after two failed mergers earlier this year -- the 80-year-old Denver company appears to have edged back...

Credit union 'SWAT' team doubles ATM use. (Bellco Federal Credit Union's services using automated teller machines)
November 22, 1991... More than ever before, consumers are collecting at cash machines. Driven by a generation of users weaned on computers and a preference for quick cash over high-interest credit-card debt, use of automatic teller machines, or ATMs, is on the...

LARS retail play centers keep kids happy, parents shopping. (LARS Design Inc. designs play centers in retail stores)
November 22, 1991... When John Harris' customers are choosing wallpaper, they're not likely to feel a small hand tugging on their sleeve and a plaintive voice asking whether it's time to go home. That's because the co-owner of Belcaro Paint & Decorating Inc. in...

Public partnership czar Jones turns toward private funds. (Jones Intercable Inc.)
November 22, 1991... Jones Intercable Inc., the cable television industry's leader in raising money through public limited partnerships, is turning to private sources of capital as limited partnerships slip into unpopularity. "What's happened is the limited...

Boulder gets Somatogen plans for giant blood-making facility. (Boulder, Colorado; Somatogen Inc.)
November 22, 1991... Artificial blood developer Somatogen Inc. has asked the city of Boulder to review construction plans for a $100 million manufacturing facility scheduled to go up in Flatiron Park next year. The manufacturing plant, expected to measure 172,000...

Jones Intercable. (Earnings and Dividends) (Brief Article)
November 22, 1991... Jones Intercable Investors L.P. (AMEX:JTV) announced improved revenues and earnings for the third quarter, ended Sept. 30. Revenues increased 8 percent, from $9 million for the third quarter of 1990, to $9.7 million this year, third quarter....

MinVen Gold. (Earnings and Dividends) (Brief Article)
November 22, 1991... MinVen Gold Corp. (AMEX, TSE: MVG) recorded a consolidated loss of $28.4 million, or 77 cents per share, for the third quarter, ended Sept. 30. This compares with 1990's third-quarter consolidated net income of $105,403. Third-quarter...

Mysterious loan ends in $5 mil. judgment, but case isn't over. (David Jump wins lawsuit against Rory McFarland and Primaxis Corp.)
November 22, 1991... A multimillion-dollar judgment has been entered in U.S. District Court in Denver in a case involving a mysterious $2 billion Japanese business deal, approximately $40 million in commissions on that deal, and defaults on loans made to a Boulder...

Restaurant group fosters education for teen workers. (Colorado Restaurant Association)
November 22, 1991... Because the best students usually make the best employees, the Colorado Restaurant Association is encouraging its 2,500 members to participate in a new program designed to keep teen-age employees in school. The program, Education First, aims...

Outrigger Hotels hiring dozens for Denver reservation center. (Hotel Operating Company of Hawaii Ltd.'s Denver, Colorado reservation center) (Brief Article)
November 22, 1991... Outrigger Hotels' new Denver reservation center will add 60 employees, all from the Denver area, in the next year, said company president David Carey. Nineteen company employees already have relocated here from Hawaii. Outrigger is Hawaii's...

Chamber seeks peace in battle over air cargo. (Greater Denver Chamber of Commerce; operations at Front Range Airport)
November 22, 1991... The Greater Denver Chamber of Commerce is attempting to broker a compromise in the political battle over air-cargo operations at Front Range Airport, in an apparent bid to preserve the economic development cooperation embodied in the Metro...

CenterPort seeks Aurora development incentives. (CenterPort International; Aurora, Colorado)
November 22, 1991... CenterPort International has asked Aurora for waivers of some development fees, credits for others and a share of sales and use taxes generated by the aviation park it is planning along the southern edge of Front Range Airport. About 914...

Brothers win big judgment in case of the stinky onions. (Glenn Lutz and Terry Lutz win case over Asgrow Seed Co.)
November 22, 1991... MONTROSE -- Seven years after a purchase of bad onion seed resulted in a crop full of mutant onions, an appellate court has upheld two Montrose-area brothers' $2.9 million judgment against Kalamazoo, Mich.-based Asgrow Seed Co. The judgment...

Citizens Bank deposits bought. (Southern Colorado Holding Co. buys deposits of Citizens Bank of Pagosa Springs)
November 22, 1991... PAGOSA SPRINGS -- Deposits of the failed Citizens Bank of Pagosa Springs have been purchased by a Denver holding company, Southern Colorado Holding Co. The $18 million bank had been closed Oct. 25 by the state banking commissioner, and the...

Colorado's biggest bank. (National Bank for Cooperatives)(Special Report: Banking) (Company Profile)
November 22, 1991... After a painful 1990, CoBank is back on track, but the giant lending co-op remains cautious in its approach to international deals After a slender harvest last year set off by losses in its international loan division, Denver's CoBank is back...

Feisty independents move fast to meet demand on SBA loans. (Small Business Administration)(Special Report: Banking)
November 22, 1991... Denver's market for small-business loans has reached a feverish pitch in the past two years, and there's no end in sight. Part of the heat is being generated by small, aggressive lenders who have entered the SBA market in the past 18 months....

Colowyo Coal Co. (Natural Resources) (Brief Article)
November 22, 1991... The Colowyo Coal Co. elected R. David Usilton president.

Walter Lowry. (Natural Resources) (Brief Article)
November 22, 1991... Walter Lowry was elected chief operating officer and general counsel by the board of directors of Hallador Petroleum Co. of Denver. Lowry will also serve as the corporate secretary for Hallador. Lowry comes to Hallador from Lowry Resources...

Republic Telcom Systems. (Telecommunications) (Brief Article)
November 22, 1991... Republic Telcom Systems of Boulder appointed Harry Taylor as president and chief executive officer. Taylor succeeds Jack Lorenz, who will continue to serve as chairman of the board.

Pro-Dex Inc. (acquires Biotrol International Inc.) (Brief Article)
November 22, 1991... A California company that operates dental centers in Sears retail stores has taken a bite from the roster of Colorado-owned companies. Publicly traded Pro-Dex Inc. has acquired Louisville-based Biotrol International Inc., a maker of...

Teri Jones. (Advertising and Public Relations) (Brief Article)
November 22, 1991... Teri Jones, president of T.J. Public Relations, expanded company operations through a consortium with three professionals in the home-building industry: Dave Moore of DESIGNOFFICE, Willie Gibson of Photographics and Lyn Anderson of...

Gerald Pesut. (High Tech) (Brief Article)
November 22, 1991... Gerald Pesut was appointed president and general manager of Storage Tek Canada, a subsidiary of Storage Technology Corp. James Griffing, who had been in that position, was named vice president of program management for midrange markets, a new...

Scott McLean. (Real Estate) (Brief Article)
November 22, 1991... Scott McLean formed Office Advisors Inc., a firm specializing in office building leasing, sales and development. He was with Grubb & Ellis for eight years.

DURA seeks fresh start downtown. (Denver Urban Renewal Authority seeks extension of the life span of its its 15-block district)
November 15, 1991... The Denver Urban Renewal Authority is working to extend the life of its downtown district by five years to give it more time to repay bonds issued for redevelopment projects. The 15-block district, created in 1986 by DURA and Denver City...

Decline in lawsuits expected to flatten attorney's billfolds. (number of civil cases filed in Colorado district courts drops) (Industry Overview)
November 15, 1991... Bucking the upward trend in civil lawsuits nationwide, the number of civil cases filed in Colorado district courts dropped by 14.1 percent in fiscal 1991 -- the third year of decreases in a row. While the drop reflects a stronger economy, it...

Superfights Inc. gets its kicks promoting off-the-wall sports. (kickboxing events)(Enterprise) (Company Profile)
November 15, 1991... When Gary Turner was a kid, the last thing he was scared of was getting whipped in the school yard -- not with a mother who had a black belt in karate. "All the other kids would brag and say my dad can beat up your dad," he said with a...

National banks opt to switch, not fight federal regulators. (Colorado's federally chartered banks seeking charter changes) (Industry Overview)
November 15, 1991... Some of the state's national banks are doing a new dance: the charter hop. Ten of the state's 240 federally chartered banks in the last month have talked to the state Division of Banking indicating they are interested in applying for a state...

CACI threat prompts cities to act on tax simplification. (Colorado Association of Commerce and Industry demands simplification of tax laws)
November 15, 1991... Two weeks before a deadline set by the Colorado Association of Commerce and Industry, Colorado cities are apparently heeding the organization's threat to simplify local sales tax laws or lose the revenue the taxes generate. CACI members want...

CSB building near sale, may bring $12 million. (Colorado State Bank)
November 15, 1991... An investment company is close to buying the Colorado State Bank Building at 1600 Broadway in Denver for an estimated $12 million to $13 million -- barely half of what the owners have invested in the 19-year-old property. People involved in...

Credit pact moves RE/MAX near top of relocation biz. (RE/MAX International Inc. obtains multi-million dollar line of credit from General Motors Acceptance Corp.)
November 15, 1991... RE/MAX International Inc.'s new, multimillion-dollar line of credit with General Motors Acceptance Corp.'s mortgage arm positions the giant real estate company to go after the big three in the relocation industry. The deal, completed this...

Fowl play leads to pond in Pace parking lot. (Pace Membership Warehouse Inc. allots space for birds)
November 15, 1991... The new Pace Membership Warehouse on South Wadsworth Boulevard is strictly for the birds -- or, at least a portion of its parking lot is. When Pace Membership Warehouse Inc. began planning its store in the 22-acre Wadsworth Boulevard...

Heavy snowfall helps ski areas ice recession fears, sell tickets. (heavy turnout for football games benefits ski resorts) (Industry Overview)
November 15, 1991... Colorado ski resorts are thanking the Denver Broncos and the University of Colorado Buffaloes for heavier than expected early-season turnout and advance bookings, despite a lingering national recession. Nationally televised football games...

Pru Plaza rejects some tenants despite high vacancy rate. (Prudential Plaza)
November 15, 1991... Picture this! Look into this! Prime retail space! Such exhortations have greeted thousands of passers-by and 16th Street Mall shuttle passengers since the Prudential Plaza retail space opened in June. But five months after completion of...

Branch-hungry banks to bid on industrial banks' charters. (14 failed industrial banks in Colorado for sale) (Industry Overview)
November 15, 1991... FOR SALE: 14 state bank charters -- you name the price. The Financial Management Task Force, receiver for the state's 14 failed industrial banks, has put the banks' charters on the sales block. The only problem is: The task force is...

Nuggets score 1,000-fan jump per game. (Denver Nuggets basketball club)
November 15, 1991... Just six games into their 41-game season, the Denver Nuggets already are drawing larger crowds than expected. An ambitious new marketing program was put into play before the season started, and it must be working. After just four home games,...

Measured phone calls may be on line for thousands of firms. (Colorado Public Utilities Commission to examine pay-by-the-minute local phone service to business enterprises)
November 15, 1991... The Colorado Public Utilities Commission is set to examine whether to mandate pay-by-the-minute local phone service for a broad array of businesses, including hotels, motels, retailers, hospitals, Realtors and telemarketers. Interested...

CNBC wants to air local business news on cable television. (Consumer News and Business Channel Partnership)
November 15, 1991... Cable channel CNBC, known mainly for its business and financial programming, expects to bring local business coverage to the Denver cable television market by the middle of next year. CNBC President Albert Barber, in Denver last week, plans...

Cowboy mag lassos subscribers worldwide. (Cowboy Magazine)(Colorado Roundup) (Brief Article)
November 15, 1991... After 18 months of riding one of the toughest broncs there is -- a startup publication -- Darrell Arnold is still riding high with Cowboy Magazine. Based in La Veta, about 100 miles south of Colorado Springs, Cowboy Magazine has almost...

Home-building boom continues. (Colorado's house construction industry prospers)(Colorado Roundup) (Brief Article)
November 15, 1991... Colorado saw a 14.9 percent hike in home construction, while home building nationally dipped 2.2 percent, during the first nine months of the year, according to an October report from the Colorado Legislative Council. Single-family home...

Ski counties post job growth. (Eagle, Pitkin, and Summit)(Colorado Roundup) (Brief Article)
November 15, 1991... Three of Colorado's ski counties, Eagle, Pitkin and Summit, were outpacing the rest of the state in employment growth long before ski season started, according to the Colorado Economic Chronicle, a newsletter of the Legislative Council....

Imex Medical Systems. (Earnings and Dividends) (Brief Article)
November 15, 1991... Imex Medical Systems Inc. (NASDAQ:IMEX) announced sharply increased sales and earnings for the first quarter, ended Sept. 30. Sales increased 20 percent, from $1.5 million for the first quarter of 1990, to $1.8 million this year, first...

Stuart Entertainment. (Earnings and Dividends) (Brief Article)
November 15, 1991... Stuart Entertainment Inc. (NASDAQ:STUA), formerly Bingo King Co. Inc., reported record sales and earnings for the third quarter, ended Sept. 30. Net income for the quarter totaled $476,000, or 14 cents per share. This compares with a...

ConferTech International. (Earnings and Dividends) (Brief Article)
November 15, 1991... ConferTech International Inc. (NASDAQ:CFER) announced record results for the third quarter, ended Sept. 30. Third-quarter sales for the company rose from $4.4 million in 1990 to $5 million this year, third quarter. Net income totaled...

Capital Associates. (Earnings and Dividends) (Brief Article)
November 15, 1991... Capital Associates Inc. (NASDAQ:CAII), an asset management and financial services company, announced a $4.5 million loss on revenues of $23.1 million for the first quarter, ended Aug. 31. This compares with a $5.5 million loss on revenues of...

Fire in the wetlands: can Congress put it out? (Special Report: Environmental Law)
November 15, 1991... Guidelines and regulations for the management of U.S. wetlands are much like the weather in Colorado. If you don't like them, stick around. They'll change soon. Just consider the property in Boulder that was to be given to the city for open...

Has the EPA made its point? (Environmental Protection Agency)(Special Report: Environmental Law)
November 15, 1991... Although environmental consciousness is on the upswing, the number of violation notices issued by the Environmental Protection Agency (EPA) dropped dramatically in 1991. EPA figures show that in Region VIII, which includes Colorado, Montana,...

Who to call: environmental resources in the Denver area. (directory of environmental agencies)(Tabular data only; Special Report: Environmental Law) (Directory)
November 15, 1991... AMERICAN WILDLAND 7500 E. Arapahoe Road Englewood, Colo. 80112 771-0380 Purpose: A non-profit conservation, education and recreation organization dedicated to protecting biodiversity and promoting the prudent management of wildland resources...

A national list of publications offering recycling information. (bibliography)(Tabular data only; Special Report: Environmental Law) (Bibliography)
November 15, 1991... "Aluminum Recycling: America's Environmental Success Story" The Aluminum Association, 900 19th St., N.W., Washington, D.C. 20006, (202) 862-5100. "An NRDC Earth Action Guide: Saving the Ozone Layer" Available for $1 from the Natural...

Colorado Rural Housing Development Corp. (CRHDC). (Proxy Report Excerpts) (Company Profile)
November 15, 1991... 4140 Tejon St., Denver, Colo. 80211 (303) 455-7523 Vital Statistics Executive director: Al Gold Chairperson: Angelo Velasquez No. of full-time staff: 12 Year established: 1971 Geographic area served: rural Colorado (population 20,000 or...

Jeffrey Carleton. (Insurance) (Brief Article)
November 15, 1991... Jeffrey Carleton was named president of Colorado-Lincoln Financial Group Inc., a subsidiary of the Lincoln National Life Insurance Co. Carleton will oversee all Colorado operations for the company including offices in Denver, Colorado Springs...

T. Peter Philip. (Natural Resources) (Brief Article)
November 15, 1991... T. Peter Philip, in a reorganization of senior management, was elected president, chief operating officer and a director of Newmont Mining Corp. Operations will be headed by Walter Lawrence, who was elected senior vice president -- operations...

Joe Warren Jr. (People) (Brief Article)
November 15, 1991... Joe Warren Jr. was named president of Coors Ceramicon Designs Ltd., the consumer products division. Coors Porcelain appointed Woodie Howe to vice president of Coors Ceramics Co.

Club IPS. (New Business of the Week) (Brief Article)
November 15, 1991... Name: Club IPS Address: 3011 Broadway, Suite 17 Boulder, Colo. 80304 Phone: (303) 939-8002 Contact: Jeff Young Description: The entrepreneur and the social activist are not what you'd consider perfect bedfellows -- that is unless you're Jeff...

Safesport Manufacturing Co. (high demand for snowshoes) (Brief Article)
November 15, 1991... Speaking of snow, the giant snowfalls in Minnesota and Wisconsin two weeks ago have been a boon to Denver's Safesport Manufacturing Co. Safesport, a maker and importer of outdoor sports supplies, is involved in a joint venture with Canadian...

Randy Hardwick. (launch of gaming magazine 'Colorado Gambler')
November 15, 1991... Two months ago, Denver publisher Randy Hardwick began putting out the Colorado Gambler, a biweekly tabloid that bills itself as the "voice of gaming in the Rocky Mountain region." But not, apparently, the voice of the Colorado Gaming Owners...

Callanetics Franchise Corp. (exercise studio chain's expansion) (Brief Article)
November 15, 1991... Looking good. Denver-based Callanetics Franchise Corp. has sold more than 40 franchises this year, including nine in the Denver area and six in other countries. Callanetics studios are open or nearly open in 17 cities. Franchisees offer...

Burger King. (new burger joint at Fitzsimons Armey Medical Canter) (Brief Article)
November 15, 1991... Burger King has been drafted. Construction of a burger joint is under way at Fitzsimons Army Medical Center. The new Burger King, measuring 2,500 square feet, is being built at a cost of $409,000. It's scheduled to be finished next month,...

Lowry may gain 10,000 jobs. (Lowry Air Force Base)
November 8, 1991... Lowry Air Force Base may be grounded, but its accounting and finance center may be about to take off. As many as 10,000 new jobs might be brought to Lowry's accounting and finance center, one of six facilities being considered by the...

Highway building hits roadblock.
November 8, 1991... The Colorado Department of Transportation, stalled by a congressional stalemate over the new federal highway bill, may end up deferring millions of dollars in highway construction projects. And depending on the look of the final bill, the...

Colorado HMOs predict estimated 11.6 percent hike in health care costs. (health maintenance organizations)
November 8, 1991... HMO RATE INCREASES FOR 1992 HMO Increase CIGNA Healthplan of Colo. Inc. N/A Comprecare Inc. 9% Exclusicare 12%-15% HMO...

Coat maker Giampier tries on new supplier. (Company Profile)
November 8, 1991... From the next room comes a whoop of success. A salesman has just received a large order from Fashion Bar for leather coats, and his happiness resounds throughout the adjoining offices. But this is only the beginning. In 1992, whoops and...

Calif. investors buy Highline, biggest '91 apartment sale yet. (Highline Village Apartments; Cordova Park Villas Associates Ltd.)
November 8, 1991... Highline Village Apartments, the Aurora apartment complex that officers of MDC Holdings Inc. and their partners lost earlier this year to foreclosure, has been purchased by a California investment group. Cordova Park Villas Associates Ltd., a...

Limited-liability firms take root in Colorado.
November 8, 1991... John Maxfield is amazed. The number of limited-liability companies in Colorado is far higher at this point than he would have predicted. And he helped write the law that created them. Limited-liability companies, or LLCs, are legal...

Feds say criminal charges near in Colo. savings and loan cases. (U.S. Department of Justice; Colorado savings and loans associations officers)
November 8, 1991... The U.S. Department of Justice "during the next six months" will file the first of what could be a flood of criminal charges against former officers and directors of failed Colorado savings and loans. At about the same time, the Denver office...

Gates tapped for U.S. award lauding exporting expertise. (Gates Rubber Co.) (Company Profile)
November 8, 1991... The Gates Rubber Co. has been chosen as one of about 10 United States recipients of the nation's top exporting award. The maker of rubber hoses, belts and connectors will receive President George Bush's E Star Award for Exporting Excellence...