Appendix — Brunswick Corp. v. Pueblo Bowl-O-Mat, Inc.
Supreme Court brief1977
Ask Donna
What actually matters in this document.
Text
APPENDIX
Volume 7.
Supreme Court of the United States
October Term, 1975.
No. 75-904
BRUNSWICK CORPORATION,
Petitioner,
v.
PUEBLO BOWL-O-MAT, INC.,
BOWL-O-MAT PARAMUS OPERATIONS
and HOLIDAY BOWL-O-MAT, INC.,
Respondents.
On Writ of Certiorari to the United States Court of
Appeals for the Third Circuit.
PETITION FOR CERTIORARI FILED DECEMBER 24, 1975.
CERTIORARI GRANTED FEBRUARY 23, 1976.
International Printing Co., 711 So. 50th St., Phila., Pa, 19143 — Tel. (215) 727-8711
TABLE OF CONTENTS OF APPENDIX.
Vol. 1
Page
Relevant Docket Entries in the United States District Court
for the District of New Jersey .......-..+eeeeeeeeeees Al
Relevant Docket Entries in the United States Court of
Appeals for the Third Circuit ...........6--++eeeeees A7
Complaint ........:.cceeeeeeee cence renee eeeeeeeeeenees Al0
Answer and Counterclaim ............0seeeeceeeeeeeeeee A29
Excerpts From Testimony:
Danicl Parke Lieblich—
rr A56
Voir Dire Examination ............ceseeeeeeees A81
Direct Examination (Continued) ..............+. A87
Voir Dire Examination .............seeeeeeceees Al0ol
Direct Examination (Continued) ...............- A103
Voir Dire Examination .............eeeeeeeeees A116
Direct Examination (Continued) .............+-- Al21
Voir Dire Examination ............00eeeeeeeeeee A272
Direct Examination (Continued) ..............+. A274
Voir Dire Examination ...........seeeeeeeeeeees A337
Direct Examination (Continued) ..............-. A341
Vol. 2
Page
Cen ie og occ cccccccccccesecescccesees A405
Re-Direct Examination ...........-0-ceeeeeeeees A473
C. Vitolo (Deposition) ........-.6e.eeeeeeeeeeeeeees A475
Diheeet Wemerintae .n.ccccccccccccccsccccoesees A475
CR, gg ccc cc ccceesevetcoeeeceseses A483
wer “driucd Kenney—
eee SE, occ cccccessseeccceesesesoees A490
Cross-Examin To coccececcccevecseerceseeenes A516
Milton Mendelson—
ee I, goo ccccndssccccccecesvoeeses A538
I ono s 008 Geb sceseséccoccesecess A578
Re-Direct Examination .............eeeeeeeeeees A593
Ro Cocseemineae ... ns ccc cscccscsccccvccees A604
TABLE OF CONTENTS OF APPENDIX (Continued).
Page
Re-Direct Examination ..... Pere rerrTrT TTT rere A605
Re-Cross-Examination ...... 6.600 ce cece ener enes A607
Re-Direct Examination ..... err eV TTTTTrTy A609
Re-Cross-Examination ......ccccsceeceeeeeneeens A610
Re-Direct Examination .... 6.66.66 cece cence ene A611
Benjamin E, Bensinger (Deposition) .......6..66eeees A612
Direct Examination ....... 660 cc cece eee e ee eeeeee A612
Rex Martin Golobic—
Direct Examination ........6.6ccceee eee eeeeeeeee A652
Cross-Examination .....:cccccceceeeeeeeeeeeeees A681
John L. Hanigan (Deposition) ©... 66... ceeeereeeeees A684
Direct Examination .......666 ccc cece eee e renee A684
Ruben A. Dankoff—
Direct Examination ......6 666 cc cece cere eens A715
Voir Dive Examination ....... 666 cecc cere eeeeee A755
Direct Examination (Continued) .........666.66065 A757
Cross-Examination .......6cecee eee ee rene eens A760
Re-Direct Examination .......6.66ce cece eee enes A768
Re-Cross-Examination ... 6.6 ccc ce cere rere nnee A782
John L. Hanigan (Deposition) (Resumed) .........+. A784
Direct Examination (Continued) ............ see ATBA
Milton Rudo (Deposition) ... 6.6666 cee errr renner eens A795
Direct Examination ......6 660s cc eee ee eee eeenee A795
Vol. 3
Page
Richard Davis—
Direct Examination ...... 66000 c cere eee eens A805
Cross-Examination .....:cccceceeeeeeeeeeeennees A850
Re-Direct Examination ....... 666600 eues eens A863
DISCUSSION ccc ccc rceeeeeereeeeeeeeeeerseeeeeens A865
John A. Barron
Direct Examination .......6csceee eee reer renee A871
Voir Dire Examination .... 6.66: c cece rere ene A879
Direct Examination (Continued) ..........660055 A881
TABLE OF CONTENTS OF APPENDIX (Continued),
Vol. 3
Page
. 2. 2... i (ds Se eeeereereeerey A882
Direct Examination (Continued) ...........6..055 A884
Vole Dive Hmnmmimatiom 2. ccccccccccccccccccccees A886
Direct Examination (Continued) .............. ., A892
Voir Dire Examination ............... Porrrrree A893
Direct Examination (Continued) ...........6.66655 A902
. 2 2 FPTTTITITITTrTrree A903
Direct Examination (Continued) .............55. A905
ee ED ccc ccncedeeteosaneséuses A906
Direct Examination (Continued) .............4.. A908
Vole Dire Examination ....cccccccscccsccccecens A912
Direct Examination (Continued) ...........6..55 A914
fF 5 rrr rrr Trey A914
Direct Examination (Continued) .............65. A916
Voir Dire Examination ........6..ccceeeeeeeeees A916
Direct Examination (Continued) .............655 A917
. -£ - FPPPTTITTITTTTrrrrrey A926
Direct Examination (Continued) .............6.. A927
ee Ds - cpccnntebeséscccosbeeee A933
Direct Examination (Continued) ...........6...5. A940
Wee GD SID oc cccccccceussooceocceses A949
SED cocccccccccocescceceseseccese A961
En .. .cccceuseveustooeuesse Al0l4
Re-Cross-Examination ........cccceeeeeeeeeeeees Al1018
Milton Rudo—
i PD «oc coccgebaseedeacesecseeds Al1019
CEES, occcecusenececsessenseseeeces A1138
Vol, 4
Page
Cross-Examination (Continued) ..........6...60004 A1197
Bernard Rudo—
ie «06 ceeone000000068066060688 A1276
ED, in dccdbabeasenseueskenesGenent A1307
Re-Direct Examination ....... 06.6000 cecceeeeves A1325
TABLE OF CONTENTS OF APPENDIX (Continued).
TABLE OF CONTENTS OF APPENDIX (Continued).
Vol. 4
Page fen
Kenneth Brooks Abernathy— = Defendant's Notice of Appeal (September 26, 1974) ....... A1571
tar nant ee aaa Opinion of the District Court (November 15, 1974 as
a sovessooeooooooereenn” amended November 25, 1974) (Printed as Appendix C
Joseph A. Rice— to Petition for Certiorari and Will Not Be Reprinted in
Direct Examination ........0ceeeeeereeeeeeneees A1328 the Appendix to the Briefs )
aOR aocrseesseneecvncerteessee i Se ines taped nays, eR .......-.20
TscusslON ccccccccccccccsececceccsceccecusseuseees A1358 ppeals Opinion (August 29, 1975) (Printed as
Appendix A to Petition for Certiorari and Will Not Be
- — : aie Reprinted in the Appendix to the Briefs )
TecMMMMMRMMIDD. cocccssoxocesososoroeosex ool Court of Appeals Judgment (August 29, 1975) ........0... A573
Re-Direct Examination .......::eecceeeeeeennnes A1428 Vel. &
Re-Cross-Examination ......ssseeeeeeeeeeeneeees Al432 '
Daniel Parke Lieblich (Recalled)— Exhibit Pl Plaintiff's Exhibits. Page
Direct Examination ......sssscsececeeeeeeenenees eC. adalat le ahhh lhl aaa A1574
Cross-Examination .....0ccceeeeeeeeereeeeennnes A1446 Exhibit PLA ..ccccsesseeceeeeeecneeeeeeeenteneennenes A1575
Discussion ...cccceecceeevereeeerewnneeeees jéaeunet A1449 Exhibit PIB ...iscceccsscesneensenenesenenseneensenss A1577
Summation on Behalf of Defendant ........6+:+0eeeeereee A1450 Exhibit P2 ....cssecscsesceseeenserereeenenrsensesenees A1584
Charge of the Court .....:cccereeeeer eer ernern ere enenns Al451 Exhibit PO ......ccseseeceeeeneneeenenesnseneeneenennss A1587
AM oo eo asedcipesennsnseeannnis A1S43 Babibit PA... scsssccscccrcsccsceeeseecceeceverveess A1503
Defendant's Motion for Directed Verdict or Verdicts at Close Exhibit PS ....ccsssecerescnesceneeneeeneeseeeeneences A1598
of Plaintiff's Case .....cc cc rreeeeee ee eee eee eeeeennes Al544 Exhibit PO ....csscccccvecereveceeeseeeeceeeseeseeeeens A1599
Defendant's Motion for Directed Verdict or Verdicts at Close Bchibit PT ow. ccc ccccccccccccceveseevesveeeseenevesens A1601
of All of the Evidence .......ccceeeeeeeeeeeenenennes A1545 ES to Bo i a ee 41602
District Court Judgment (May 23, 1973) ... see eereeeeee A1546 IN oS a Sos ka Ta i ta A1603
Motion of Defendant for Judgments Notwithstanding the RES ORR PPR ete Pm Noon Raney A1604
Verdicts and in the Alternative for a New Trial ....... A1550 ES EER Eee eee A1623
Opinion of the District Court (September 17, 1973) (Printed RLS eye een ee AIEEE ee ere ere A1624
as Appendix B to Petition for Certiorari and Will Not RN Ns Sue ded Soa 1008
Be Reprinted in the Appendix to the Briefs ) a a RS RRR SEMIS Ses ELI pn
District Court Order (October 1, 1973) oc .cce cree eeeenes A1560 Le Gi hala een peer
Defendant's Notice of Appeal (October 2, 1973) .......+05 A1562 Rea a he SIN Nee ETS REN SEA MONE ase
Court of Appeals Opinion (August 14, 1974)... cs eeeeeees A1563 Fxhibit P20 sy, a! ee ee ee 28
Court of Appeals Amended Judgment (September 5, 1974) .A1566 AG aR en edie a aE ERROR CNT FE A1632
District Court Supplemental Order eee Me A1652
TABLE OF CONTENTS OF APPENDIX (Continued).
Vol. 5
Page
Exhibit PG2 ......cccccceeeeeeereeeeereeeneeerneereeeee A1661
Exhibit P33 .....ccccccceeeeeeeeeveeeeeeenseeaaeeeneees A1662
Exhibit P84 on... cece re eeeeeeeneeeeeeeeenanneneeenneees A1663
Exhibit PB ......cccececreeeeeeeeeeeeesereeeeeeeneeeee A1666
Exhibit P06 .....ccececcerceeeneeeeeeeeeenneeeneeeneees A1667
Exhibit P37 ......ccccceeeeeereeeeereenneeeeeeeeennneee A1668
Exhibit P88 ....cccce cc eeeereeeeeeererenneeeeeesseenees A1669
Exhibit PQQ ......ccccseeneeeeereeeeernenneeeeeenennees Al1671
Exhibit P40 .....ccccccceeeereeereereeesseneeeseeeenees A1672
Exhibit P4l ......cccccecceereeerereeeueeeeeeeennrenees A1673
Exhibit P42 .....ccccececceeeneeeeeeereneeeeneueeeenees Al1674
Exhibit P44 .....cccccececeeeeeeeeeenenrneeseeennanneee A1675
Exhibit P45 ....cccccccccereeeeeeeeeeeeeerreernennnnees A1676
Vol, 6
Page
Exhibit P46 ....c ccc ce cece cee bereeeeeeeeeeeeeeeenneneee A1683
Exhibit P47 .....cccceceeceeeereereeerneeeeeenneeeeneee A1700
Exhibit P48 ....cccccceceeceeeeereeeneeaneeeenenenneees A1T717
Exhibit P40 ......cccrcceeeeeeereeeeeneneeseereneneeeee ALT"
Exhibit PSO ....cccccceeeeeeeeeeeeerereeeeererenneenees A1735
Exhibit P52 ......cccceeceeeeeeereceenseeeneenennnneeee A1736
Exhibit PBS .....ccccccccseeeeeeeenreeeneeeeereneneeeee A1737
Exhibit PSS ....c.ccccereeeeereeeeeeereeenreenaenreeeee A1738
Exhibit PBQ .....ccccccceveees eeerewneeereeerennereees A1740
Exhibit POO ....ccccccereevenereeeenenerereeeureeeeeeee A174l
Exhibit P61] ......cccceeceeererererereeeereenennanneees A1742
Exhibit P62 ......cecccecvvsevrereeeeeeeeeerneeeeerrees A1743
Exhibit P63 .....cccccceeeeeeeereeeneeenereeeennneeeees Al744
Exhibit P64 .......+. citchidadeseeuseaseersupevisesssss A1745
Exhibit POS .....ccccceeesereeereeeeeneeererernaneenees A1765
Exhibit P66 ....ccsccceeecvcnvvveesneerereseenenerenees A1766
Exhibit POT on. cscescccccccescevecccvvcvesseeeesererees A1776
Exhibit P68 ......sscccereveeeeeeeeeerreeerenerraeneeees A1797
TABLE OF CONTENTS OF APPENDIX (Continued).
Page
ED oc cccccdecccececsccescccsccsceoeescesesoese A1799
=” 0 BRPPPTTETTTITITITITILEPITITiTerT ii A1800
" l GPPPPPTITrTTirririrrirrrrirriri iil A1802
' .. PEPPRPETUPCTITITITTTITTTTTITT TTL A1835
"") PRPPPrrerrrrrrrrrrririirriii rire iit A1836
““"S , BPPPPPPTTTTCTTITITITITITITTT LLL Tt ttt. A1838
- - Bev, SRPPPPPTTTTITITITILILITILE Tri A1839
OS SPPPPrTrrriTrrerririrrrrirri iii ii tit A1843
NS BRPPPPPTTTUTTTTTTTTrrrererereeeee iy A1847
"| GRRPPPPTTTTTTTTTrrirrrrrririi ri A1850
""'* . BPPPTTTTTTTTTTTITITITiTTiriri ri A1864
Vol. 7
Defendant's Exhibits. Page
Oe. . civccdoncdscceecécoesonceecesncéeecesesees A1866
ee | WPPPPPPPTTTITTTITTTTTITLI TT A1867
Batfielt DG nn ccc cccccccccccevccecereeecesevvens wTTTTTy A1878
ee OE. .cccccccccccccsececsecccosccceoeccseses .. + A1879
Exhibit DB ......:ss000 ciddesddenssesnaeneeceseneehes A1880
eh , PRETPETTTTTTTTTITTTTTITI TILL TLL A1881
eS PPPPPPTTTTTTTTTITTITITITTT TTT A1882
Batetiete DLL ....ccccccccccccccccccccccescsevcccvecvvens A1883
Batlle DUB nc ccccccccccccvcccvccescvvcens PTT TTT T Ty A1884
NS <"S ’ GPPPPPPPTTPPTTTTTTTTrrriririi iri A1885
— "'Y:)~ PPPPPTITITITITTTTITITITITTLL LT A1886
ateete TOD... ccccccccccccccencevesccvesseevccceevenns A1887
Buwuwick conronation
GENERAL OFFICES
April 12, 1973 ! ie
a
Rahway Recreation Realty Co.
Rahway Recreation, Inc.
443 West Inman Avenue
Rahway, Wew Jersey 07065
re: Lease dated July 10, 1970
Rahway Recreation
Rahway, New Jersey
Gentlemen:
The undersigned Brunswick Corporation, tenant of the above lease,
hereby gives written notice to you that with reference to (a)
its option contained in subparagraph (4) of Section 5A to purchase
the Premises during the initial term of the lease, and (b) its
right of first refusal to purchase the Premises during any succes~-
sive term, as provided under the lease, it has never exercised its
said option, and that it now irrevocably releases, relinquishes
and divests iteelf of said option and of said right of first re-
fusal. ;
Very truly yours,
BRUNSWICK CORPORATION
a
Vice-Presiden
CERTIFIED
RETURN RECEIPT
FEGLEKD
66i¥
2id
ONE GRUNEWICH FLATA exonie teeLinore eoove ver , VELCPHONE BF © ear e000
ae?
June 5, 1972
Themis B. fiectisil1, Esq.
Mayer, Docua & Piste
231 South Liacallo Strest
Chicago, ILlincls 69604
Ros Fro ve Ermeanrtcte
Dear tir. liclicill:
During tho cardy part cf April cf thta yerr, Bob
Biggar advissd ycu by telcr':enc tht ths (707 Trofle and Loss
Statencate Cor tha ycar 1971 Lor indtvies7) ecnters “hica you
foruarded to 2 cld not cover coms 59 ecrters for which es
had previcusly xescived ccuaterpart etatemcnts for carlicr
years. fin? of tis ccaters cheut?d no activitics Ler. ts years
1°69 and 1970, 16 centers chgssd no activity for the ycar
1970 end 24 centzra cheurd ectivitics fer the yor 1970 only.
In additicn, t:3 xcczived no Frofit end Iers Contenonts for
1971 {cr any centers chove the ccrics mczuer 4000.
Spasifleally, mo activities during 1969 and 1970 were
shown for tia follcving 9 CCOD ecntorss
500 ccs
502 ccd
oe) 613
€92 C14
£93
Similarly, no activities wera ch“m for the follc:ins
16 centers durirs 1970:
593 £00
74 09%
505 £07
$94 r 077
507 015
| BEST COPY AVAILABLE
Eld 349Lyx3
O08Ly
Thowace B. licHcill, E~4. -2- Junz 5, 1972
509 551
511 555
512 $56
Finally, tho follewing 2% LCOD ecnters cvevced activirics
for the ycar 19/0 Lut us reccived no 1971 statestnts as to thom
son, $22
so3 523
510 52%
$25
-°51%4 &C5
315 C93
516 19
517 err
518 615
319 C17
520 C13
321 619
In view of ths faec ehat the erfol in nw) echeduiet to
proceed in Scptciter of tiie sear, I centd errreeicts reecsivirs
either the 1971 Eroflt Statenents c£ tiers epoct his ecntox3 ct,
if for come reascen ti:ty Cld no buoinsss curirs t:2 yorr 1971,
some explanation of this fact fren you.
Thank you for your cocperaticn in tii.s rictcr.
Very truly yours,
Mateotn A. Meller
MAIL RS
be: Mr. Danicl Farke Licblich
Eld 2$944%3
LOSLYV
—— - ene ores
foawve ow — I
eae mamerrnir ~*- oo raen
ee ee ee Vue ee o = “a
e —_ —- ——— ~~ 2s rawr awe - soe T e
3S en fa vie ==cczS$ Ps sscc at oa We Se caved ica
‘Sene 22-25-26, 1965
vid 34944X3
z208LV
2
rile
our
ssid,
~
-
--
Sales
3
in
a
=
7
-
é exé
ut Septemde
exrve
ec
cupsny 690
eal
&
tne corner.
she dorling Division
a=
—-e
_—
en ere here represe
ae
ses
eée,.
sto
pv Ve
aé a |
=tie
Fea —
-*
-~*e
@ covliny cente> operetion.
“- (OA
-
a
cox Thones, Vice Presiéexnt er
ze
8%.
~=Eé le
ot
.27es6
iw t
ao =
Thess
“rey exe vitel with you es our customers
= 38 scha0
<0 ixt
ycu to heed this up &8 = Sepsrete
ce tee &
ێ
[88 gome, cece Fenigan cclileé re
perry.
é the SoServetls=s “xe
‘So
ez.
éectceé tc
sl ro-
mutes
e=sre
-*2Z
*
oo-
*
=
dl
us
é
Cd
wee
cur
«+
=ée ing.
ێsrer.ces
——-—
-
-
o:d be id
-
—
7
oS
ws
are? Ve
€
—«S ~- & =
“*
«-&
eee
“42+
—<—<-
i> ove
escéing o
°
.
>
“» 2
~
-
--
~
‘se £
<28
- x=3
—
ececse se Lave soxe guests,
@ ené «e will go risht to the
-~
~
“= t=
Vie ode
+ré
esl exé
o éses
_
*
—
eré irs
> =. —* +
~&
23
meeting
2-tenés
2c
=o
soe
2
=
7
we
$ prev
é
=
—
-\>
cece
ad
= wer
A1804
Exhibit P74
—_——[_____—
éivisisz.*
=:
i” *
ss
, vi
‘
o
44 1?)
‘ =
m x
cc]
en
0
”
f W
>»
vi
1] ” .
“” wt
LT hed
o &
4 &
“4 2
(a °o
x 2)
— 4?
>
ri 4
™
n -
» @
ig
te
~ °o
+? "
" %
v4 et
1% w
AS
‘
C4)
s3
9°
~~
$3
Ww
o
i
re
A1803
Exhibit P74
5S 0
o
wt ” s 4
| a
1) >
Pa] hd u
w = A:
% + *
0 4
ha a
+) Mt oO
3 oP) ™»
” b%
~~ oO .
4 °o 4
»” © 53
“ At ol
w ” “S
el
) by) M%
33 ” 4K
P ] "1 wo
vt
”) at it |
' 1 $3
15 “1 iV)
3) ”
” ws 3
ot Vv Q
7] 4 ™
DH
*1 &
1?) ™ +
+7] vt
td y) )
rp) ?
at »
Hi et
e) ” st
th
2 | : rS
silo 8 °
cS} ot
$3 +
“a J =f
LT) a
0 S1 “
it 7)
6s ee 8.
a -
re | “)
* ‘3 at
“242, IF thsught they Rel For wsssSes Ss Ore 4= Sothered | wo ote Se ete ee = o
2a, ster, = -s5 convincse, sate tevins Susckes | | “ish “es rusiishee on the 2izet oF screech &z.¢ uss
éteengsions with nim, thic uss & Geos fee sxc 23 “8s fecsived ty over 159,550 ‘snsrohsisers, Eruq = {LETC
| :
some tninzr thst ee Soule tontTTl sete TS Th6 LSs.engs 22° ver octis: my
Csstry. ‘ raat ConpSnr Sesently estosLiszee &
‘
nexinoer tats, I neé 25 peers “ich this , beulins fentar Opitation: Livisten. In sééition te
conpeny in Tee stS7-7 exé en2 ths selling cf equspnens. PreveGens eltonomic evclesuzicn, =Urssercrt Cours!elixs,
azeet To esé thovsht wats. eves, frankly, o2cter = Sct eni prscstlons. Sle FSF ‘soxlint propotetcrs, the
‘etok ené they bat © chance 79.7624 TO Zé adocout this
erg «het the zosiz “ere, = tepyroscned this with & lot <exrin spevetion om tepossessec bowling centers
Ye. kuntty I viii sey oO you Z honestly es & sro“ing Susizess “ITE crecit-“sorthy cperetors
é1é not knoe th zetei2 exé oe the boxling cusiness. BEST cory AVAILABLE “ith proven nenegerisl ability." |
‘I xe€e this stetexert less => nS KL! Sué. I don't =—_ Cais vas in cur annuel stotezent pubdlisheé
wass it nox. I Gon't profess te xnow it noe. I ex nm Xerck. : resiiza everyone écasa't -esé sll the
leerning, end I huve Lesernes é greet €esl, because +t — worés in é2 exncal siatezent. “e have not kept i¢ «s
ts ¢ cizZerent wesiness shen the tesiness - heve seer & secret. ané if ony of you vere in ettencarce a= our |
Ccing for 25 yeers.. = say this se you with sone knov~ stookholéers' meeting, es I recall, Jeck Séxtgen vas
+eCze bur leex of expertexce, *2 2 ay. | : e+ cor mseting end it _vas_leve= éiscusseé- in the “all p
ow ve have celieé this nex éivision ‘4 Street Journel axné ctner papers, “shy 5.C.0.5.2" '
Ee 7
Sexlinz Centers Operetions Tivision. It is & sepereve Rotter zeny sonths of exharstive stuéy, *e
estebdliisheé =.C.5.5. to operete certein bowling center
Mo zet into «*Lt our sctual odjectives | $e whose ownership can't cr ven't meet theiz odlsgations :
we, 2 sks To. Oe ee ap ow arenes see a tor 6 variety of ressors. You fellows have run into o>
oo 4 ‘ °: +O
ass +his and knox whereo?® I talk. 2.C.0.D. will operete ie
. ° . , >
‘¥ °
‘ A e
theco vantutos until they tre turnet over te sincere
and Zinsucisily otpabie Snvaestcrs. his Cecticion
%e thought te sure conpolicd to use 76 protect the
ér.tereits o2 ocr stsexholiders 6420 tS protect the valve
©
my
a:
o
‘:
"
~~
a
<
fo
in}
et
iz
Cow
tM
et
a
a
“we
cr
o
Po
'*
*
te
ed
\<
a |
a
ar
“4
*
oOo
wt
o
i
0
*
the retail operation es & nE“uteotuses tf Zot Tew in
busisess. = te done avery Gey. It ta done by all
trpes of vusiness, Gexersi Notors, Hert, Sehesiner &
Merx, Holiday Hotels, Gecéysar, General flectric,
** @
' Gexerel Motors, they're ait in this. If eny of you
heve resé oY. Alfreé Sloax's bock, you will see in
thie he Zorzed General Motors Eoléing Corporation in
ships chr oughout this country. In Zect, in this period
of tine, 2ro= 125 until about # yesr ago, they oper-
ezeé end have teken over 1300 éeslerstips, of “hich
ByouT 1200 heve seen turneé back to various éi2Zeren:
people. :
they Esve Zounc cut it totes Zour to six yesrs to ze~
habdilitecte a bad ceslership.
So us Sse 29% doing gonmething that hes
revsr deen done in industry. It hes hever Seen core
‘mn the bovling industry end this, I thins, is creating
1625, in which they have taken over sna opereted Cealer-
Ace im his c@leuletions ané in thei> experlence,
= em cee & &
it7.
ssre sf? she turnzsts ond 6.0 oF the eiLsoeugelos.
Eos <8 ve oyesszeY <ou is?
2
éesizve tS continue the prosent cuver in Ris &
Sur eredit Cepartnent 42 charged with that rasponsibil-
Chey are chasseé 26 =xsxe & Csxplete suslysiz. ct
Si. BccoEnTs thet Séoone Coringvent. They sre charged
t¢ 76 tO the Sevlizg Sivicion uhich Roger anc Jack
reprgeent here ane give prosotional help.
ke have 29 =ex om our payroll riazht now
vho sre out in the Zielé to “elp proprietors «ho are
having trouble seeting sheir bills.
This Credit
Deperctnexnt has to zeke a financisl anelysis and they
more of this st the zeeting on Thursdey,.
@re supposeé to €o rescheculing where it looks like
the potential to pay off is there. Our Conpany wants
so continue the present ounsrship. Often the Credit
sezestaent hes gone €s Tar as they can enc they Zee)
there ta nothing left but repossession or soins after
che Gperator lenslly, sfter ell efforts are xade to
continue presert ovnerehip.
Certain cases errive «here the presext
oxvnerenip either Cceen's sent to continue or cannot
continue end there is vhere ovr Company suet consiéer
repossession. Betore se physically remove an
-_
Roger vill discuss
ee.
vid 34q44x3
808iy
— etm ee
.
van)
“y
_* ’ |
ectctiiahment, 1% 46 Terns SvET TE A otViulecae uO
go o&t oné evolucte the cives cunter. Ye send cus real.
aad
estate yecplsa, we fend Cur Sperorlng pospis, Onc 6 !
sezé our fincretsl peczis, o46 aooounterts 16 have té*en
ut e2 ether Capsetcente cf sus Conpeny. “ccer & ‘
thezrenth oveluction “e 7ass on th8 2cccouins three
elternstives: . wt q
e¢ Mo repossess exé cuicse,. Azé his 28 &
Oo
‘2f4oult éecision, Zollexvs, tecssuse everyone loses.
Trunevicox Loses, watch is wurst se es Srunsvick are in-
terested in, the industcy -soses, wht ch sometines =sy
not be completely egreed upor, ané the proprietor «hoz
we Eave repossessed loses, the resalo owner loses, the
bark Loses, exé the inéusccy sets & bac neze. So this
hes to ba “etghed carefully. |
) 2 the places ve have evsls tee, epzr ox
tseteLy 255 have deer pullec. “e have the fects and
Yirures to prove it. I can show you the houses. .2.
can't guaccntee you whet hepyons azvervarcs, vhethor “~~
somebouy cloe sells then egutprent oF not. tut 255
o: whet se neve eveluateé ve have pulled. This <s
einco donuesy lst. 4
When we cecrce to repossecs end close,
that Ziniehes it. Ztexr ve have evelusted, if we tht
pid 24984x3
608 LV
“ee can cover with *
43 koe Lowe potentici, ous postition ta to repoescce
¢
and eall t9 s6n00ns e1se VEoeuss 2T 52 4ST THe “ind
ste shink £t fa the “tind oF pisse thst Ke
Cem operate Seen Tht 7 9S55 sf views the sice oF the
e2rtaviietment, toc, ae. an BSseet on whether. ve should
+s beve £67 88 G SETTeR Lists 16
~82.08., ‘@ “ewld opetcte & LP-lane House c= 4: ves
close to «& LE-Lene fosse avd Ke oan Reve one sens Ger
running the tus "g2é 23 “ould 446% 46 have & potential,
bet basically xe have starcec at 16 lones.
The other point is the location. It may
be cut of the wey ov it ie not the xiné cf place that
he Kind of supervision ve need to |
run this cz gertzation. : R
Anotser plece “hete “ve would evéluvere and
sell sather than operste is where se find & financially
gourd customer “ho is inverceted in purtizg a? the
mossy and opera<iz this estobvlishxent, ené “e have
bandleé 8 couple c2 chose, in sore cases lanélorés
heve cone up vith cash end peié us out. Ané soznetixes
we cen't net a short-ter= lecse, “hich is our tesis
of opersetion, |
Of course, the thiré olternative to us,
Y=
pid 2'914%3
OLSLY
—-
: ve , oe) ee eh e ee ¢
selek £3 Jioserent shes ceyscesoss 3%5 S0-0, the Jive
elssesc Ibava ust riven yes, whore te veele not
Sperits, 42 TST ENS SES UNS Syl STe. ow thos we REVO
hired soopls 68 nonanswe, Vo Bove TLenee Ths ex
wisd to. ertvelecte “she testinsse. 253 23 the Ez
endenysr this Suginass. ot 28 GUS STASSS nope tor aise
the prortizabtlisy co the bouling Duainass. Fovling
£e@ sn inportescz, in 2act, the most tnjertant integer
PS
oF ous Susinecs. Mets 28 cot cénveriaticn. “e nave
«at
had cong nonthks cf atscussion conces=257 net perciculer
parezreph. | . |
tex's tals s>dour she signizicance of
2.5.0.5. te you es opiretors and te che tndustry. ff
“sve =ede stre statements here. In sn8lyzing our
sosttion, we decided to approach +e sicnizicance @s
to why 6 pecple Zail in the “povlins testzuess? “ané the
first thing thet comes to us is cepizelizetion. Pecple
with low covn psy.ants and high mont... peyzents Just
mn
: am”
een't meet Theis colizetions unde> 72187's business. 4
o>,
who cauceé it? I% bes HOS ~@ can't £0 * @
| 3
te
back. Sut se don't have to mseke ‘she sen0 mistaxes ina
"Se Gena0 seople uto Co not promote this business, Kho
che future. Shis busts toctsse the guy “ho te, under
Copiteiiced creates Heves os she 2n6Uetry. vel Ff
you fove oxperterncce chic. “Ltn Kinhor Coun peycens
an¢ closing these sleces of tesinets, your sesizecs
becomes Bose Valucbic SeoLsld, TElISus, we these is)
any wind oF poles, yes =e7 so':8 3 torgsin, oF sone CF
yeu ho wlee SS en,ond, Sot Ssalely you est 2 etsrcare
oY evalustion of your business, in low-priced used
acelpnent hurts your Sustness, it Hay HOt ceen 80 now
bat o'm sure if you thizk etout ‘t, it 16 true. This
‘46 our thinking end it ts of sisnificence to you in
C8; ‘zeligation.
"he gecoré tecson why businesses Tail is
soor nanagenext. ‘These tezxs gonerslily con't apply
ney t0 the bovling Susiress, by the way, dut @pply to
all sustiness. =F = have a =senagexen* thet hurts you,
tt horte the manuract urer exé it hurts the industry.
———
do uct compete Zor the recreation Geller, hurt &ll of
us. “her there ts tzs2Zect ive nanagenext, I think ue
are sll s2Zoctec. @ think t het pert cf cur fod ix 4
cpereting estadiishzents vill te to suze bovling sore 86S =
atzrective to maned to help mexe vovling more ; 3"
| “REET RADY AVAN ADEE |
et
et
;
ts
e)
et
—“
<
C
at
S Stsple ond heve then tous fa.tesd oF ée%z
siotzocte snk heiz sss.
She tntce pot. 16 Lesesien.. so the -565~
sien £8 pest gensvsily, 455 tend siiied oni
Aa 2 tele you 632eter, te. Fbve sursvaé 65, SSxLR8T6L7
€5° to $Oi of the plesss wo Tavs cvelsctes £27.68 %O
have 3% shiz Civision in cperatics, Ane « “Oe 2246
ts ctver genersily sons oF our peltetes xi uays we a2
.
* 4
Szprosehi=g chis. =< “would iLike tS ge throurh ot és
tusm cover pert of the meeting to =e. stefan sré susuer
sy Guestion, if you uish, ré, and “anny.
: “n essence this 3.0.9.5. operation is @
rescue cperation to zeintetn those estadlishzents which
sre tasically sov..d and return then to intepencert
ounersh: when @ rev investor provides subdstential
equity end éenoretrates potentisel Zor iong Tenges. one
ubole indi2 try “vill gein in stevere. This, +e thiak,
_4g-ons of the zost signizicant of the whree points «
=eée. !
Seconcly, oy being in the operstins ené
m
* she vusiness © think Sruncutek »112 unéerstene your >
preblens anc will perait us to test ané Snplenent new ==
tustnese builéing 6nd menagerent techniques which ve Bu
, be
e oe : e a*e . a - e
2233 as ~olr"s - 3323 a ox etoe ~6 osc e=é as be 4 ad sinsgzs -
*-* e > e ._2 eo a
+ \tfe's wo WELLS im SESS SS Set GS Crests & CSuUSsse
a e -*. I > = -_
ef teaizcl towlins SonteS Bens ss tsm ee
- evs teste uw 71ls I Bovs Sean ners <sh3%
woz con's nite pespi. Foss S58 cecetés. Cenctlener,
we tave nired over 50 pispie “he Keve Teves teex in
mw ¢ bonling wusinezs ond wo heve Sreineé wanes exe chey
exc ,enxices DS ES TO BOSE in she Sowling dSusiness.
ur siz is w help ¢evelcn @ protiv-mazing
Zorzalis sc =coré mency can te aoce ty the proprietcrs
mis have invested tuctt money 22 this Dusinsss. as
sz Lock at shis whole pictuers, ve “eel vie nave mece
é= hezest, sound vusiness éectston +c help the ix-
apse Te cemnos d2 all things <0 ell cen. Te vant
s =@ tzéustry. Sone pecpis sey, "Scull cut this
seins’ tré some pecple say, “eave it tn business.”
Soxzs people have got te Cisegree with us. Ye have got
<=s fuze it cn Cur evelustions. frereZcre, on score
—_ . -* — -- —<- - _-
scezsicns “2 are geting sc have ome mon, because we
pelleé 1% cut in excvther case, We ere ecing vo heve
‘€ ren unhcpoy with us decause we rave sexex <t cver
ané cre cpera oa2 z it. “sis not « foyZul posi<-ca,
vld 24914%3
vL8LV
I car premise you ané i.can guarentee you
——
—_—
¢ o~* o ~~ *
t"
'
.
>
oUr coxmpeny is insercete
4 “&¢ - oa a ° - =>
ené S's ours FOU Vere eS escos $633 wen So sus ¢utcoe
-
— efi ¥ ¥ . 2*? _~=—
ection: ané ten we sperSscte gexcersiiy. at Tas grese=t
vs - -- . - + ~ “_—<—- wee * & 7 ‘
efmc WE GLEVSwee Sv y=» S44 Estes eteecines SSSSsS ‘s.6
« or aa a a sem oe Met FM mcew st « _ 7 . ao VT aw ry, a
6 Swee “-.°? eco ows wo & -< - ee —_—_—S, ~C ee - wee 6 ---€ 3
s¢ 2 = oa Zw -_ -* 3@ ~- % ° 2
ere gol siteS. 2 SARS Sac SmenekSs “oxuse wie Reve <s
= os a 7 - a&* a ~ ~ de % eae —_ . a -
5, 2 thts: the Lesgess nocse is 64. “e Reve vaxsen
cver ome pisce ta Fs. Torsh, Texes, cast neé 2 seim=es
msulé cperate 2 suinsins
'
fa)
a
\-
*
|
i
fo
<
a
|
ol
iv
0
.
bi
iv
st
ba
wo
ypecl. Te tocoze cver exother plsce in Celcretco Springs
a e+ hee 2 tremeréocs resteurent. Ye écn*+ snow any
thine asexut cpercting a restaerrant - dut = guess we
ere gccires tc heave to leer=. e have hireé @ san eas @
“ocd ené dDeverege men. Tuas is ome faces cz your
‘sousiness tick has never reelly beer picxec “Spe We
heave “trei 2 tran who has neé 25 yesrs' expertexce ia
rornine restcurants ané bers. We heve prizerily nired
becplc noe in she bowling tusiness. “he sriy pecple
“now c2 in the tewling business what “e rave hireé
4
exc come sf cur selesnen.
Meere is ons case that I knew cf, Mingsvil>
Gexas, where we suppesecly hireeé ao manager 2rcsa sc=e
—- =
vid 4944%3
SL8lV
c be mac.
* *,93% .%* e -~
Laéy in Alva, Cxlanexs. Sn2 sc5 © vizns *
= “7. * 7 9 * 2 . v?
“We xere wrong. IF can cscure you She pecn-€ wc were
* _ - - . - * ° * a - 7
sospencitiz Zor is 2SVEe Seem svopitly chestisec. “€
cf States, teceaucse I thins & hkeve
& reevonsitiliity =s = % eaterzete WS SK the cperevicns
of vse pecpie here. 3% 42 a very risté policy.
Trengiy, 2 in0% ce 20 excéssions. There =cy 5 bus
e .
= know c2 mome. ALE Shs Riviag os =enssee=s is ¢€onre
by the home cortices ete 22 cri iz met Gone st the iccel
level. Ger zerezer> at @ towling estoblisnment canno%
hire envore excepting a porter co xschsnic. Fe cat-
not bite emcther comsge> Zor us. ts, he cannot éc.
* Sexes seople “ers t¢ “rou nen meny places
me ere ceing << tove. Zo nish I could enener that.-
I éen'+ uncw tha answer. = Zepenés upon new mary
pesple cen pay Gex'+ psy waetr intedvecness. Te
ve
ere mot cus lccking Zor this. “e =sve SO orotvecs cur
: Some pecple wninz is is cise cur inter-
stor +e Ecminete she inéustry £% tue tesail level.
Gentlcren, in cur eslcuistions suere ore 4 dillica 400
pld 249b4%3
9L8LV
=illtcn Collars inves<s¢ in she teowling inéustry iz
eee
a 2 ba . ? - 7 ~ - > °
capitcsl seeds, cgutpment, onc tusléeines. Ser se %
> 3-7 ~F «e#vie epee ts ae “= £59 a~7 737 a 3° Ft
as - aw. ve Ao tw a vudes bs ed So eee Oe ésiicess —_ eco8
“- .
2 oe ..« se _— 2 ame « e ~ 2 é e . _*~
ferelotrent im the tustzecs is & Sititon 459 s2322ca.
=e * -- ~-* ae > oad - %~e co* 2 “es Ad wen
Sse uz t 7et 20% cf shis mares wSGlLEé te 209 atultsGs.
KF ~ * e =
a « a a4 - -- - bd
Pes set torts. cf Sraunsctek Ls cniy 209 =tlites,.
end ae °. o* - dem Pd ~~ 4 ° ~~ @ e >
wits cll ste Seetertis and cveryesins else Nae Tave.
So = ésr's know hen we com ever éominatve This incus sry.
esstetiy s 2insz02ai potas so vies, =
ct counting
a= tescnt, w2 €on'*t intené <c Cevelics
Cme very t=pertent policy +het
me heve, 2 cozcst ané we refuse te be érann inte eny
Te cenuct. Cur price
t‘r.te ress > 4s costs sowlinzr nealchy ent prozitabdle.
222 Spesase cur centers.
Sur vrimery interest is ts have che tewling business
nealecny <né orctitsble exé tnis is the wey we will
cxerate cur Sextver. ‘There ire cizterexces in juégaens
exé ro RLLi be gie2 to Eteccss thas wih any cf you
. fhe preogrexs we use i= our estadléis rents
eile : zuailedlie <= cny beulinz proprietor in se
Uricte2 S+ates. Ze can use exy pers s2 shea cr tse ‘.
the wicle ching. They cre svsiledle. ‘I have c2Zzered
pid 24944%3
LL8LV
ri
Shes >
‘on lecel end neticnel levels, ané anyshing else re can,
$ : => $9,
=¢= tc Ueneré. “Te hove nothing %téc ané shey E
4
-
® 2 *
src reciily avstlcosie.
“ e . *- 2 - o en
We sill ecoperste “tSK ony Se FSG ==
° -
d . qe - - 2 _—
eve Loecl srousviens you Tle lism us tS Come 22. 5Ce
- *
% ce - = — -. @ © “y a
“2 “sve Seer Lnvisce SS Sorsicipste om SSE 72 o7658S6~-
e e e a «% ~ =>
Scil tsev, you may snow sére S9Se% ints then = €Ce
° . >
- = - a = e ~~ “- o .
Coster Suiancon invites us she «6 “ove beer invites
~
as @anteo te 2 nase S27656S..62 “s nave wierze€ wits
oe “-- -—<—. — ~asses fo Veo -_ Wee ~“ « ** --. —
‘ -
Cae ster peint. Ve ¢id nox set up this
Mivisiscs % re sha se cer coerete centers better
Sivisicn vo prove - wé CEN CperEeve & vez =
shar exyone else Seccusc Ke éca's shink we can.
¢ know, I thine i sacs, sero are many proprie+crs |
t= sete room know =ore e55%% epcereting bexling centers
knen, exé és Dette>, Vas us ere sot piczixg
up sre gooé places. Te are picsing up the places that
Leck cenzgenent cr cepitsi.
ncll as the everege. ‘This is ei. we heps % éo. I:
cy
i
“
an
ts
oO
7)
it)
oy)
<
~
hd
=)
wv.
ov’
~
Od
-
me Can reviselize t2e% ant secp the
me heave scccr T4et%c€ something.
-_- =
Te will Be Glad exé we WeNs to work wi
-—- «+
you mecris on taxecicon mavcers, o= legislative =asvEers,
pid 2$9bUXx3
SL8LV
—_—
- he
‘. #s3
eee end
oné accin we S4ll Poy Sar seer Sass. , ,
3 + - % 2 u-- bad
Alss, tome SF Pou wate saié, “<¢le, You
~w
-- mwas - as af eo & M2 = *#e#e*st* = “7aw="* == E> =
= uw CS ve 2ccs _— Der a en - = owe -S>5 gta ta eee & ore
a.
‘
Oe, m2 < 2 a 4 -- oF bd -+* 7 —_—- -v .
sree Siviscticn Ses Sreesuliol: t23 SE5¢ Exot m es Se
2 « of — *. a a ~~ - +s
comer Pot every FISeTSs Vass - surchnesé tras Fou éc.
wizg.st prezits. == Sect, © assure yoo = sve =Ore
sresseres ca te sen you =sve is =cst cases. ATC 4%
skozs up in the cosporate becss. Pre Directors locs
.
etit. Is 18 cspivelizec. - can't tuy pins <sFr a
stekel checter tacn Fou cm. «+ can't duy bewlis
eccipmens Io>r €& w2o%~l cheicrer> Tusa Fou C&R. Osher
businesses nave. Eons VATosE = Valse
Sirestone hes
Zeelers cné suey oun thet> own stores. They werk cn
ScheltZzer & “arx éses thite
2 o.3. éces t2is. Tae =.C.a. Tube Divisic= eellis
wtetr Televisiox=r Stvistc= -~2 selis *heir> competitcrs.
M25 tg E%fcerens t= she bonling business tecetse 2% poet
never existed telore, Dut, Zclloms, Ke heve teen Zorceé
Set ue €on't pey ony acre nor less “han yeu
_ a a*
rt «7 ave
éc. , : ' . . ; “
You shoulé esr sone c2 the argurcenss
we Keve earcouné the ersice. - gon'+ sce these geys =ues
——
pid 249b4X3
618LV
7]
uo
>
&
ww
g
%
.
'
~
i
4
4
years acs.
fz evalvcting a business. hia. aa ee
omy mete. 5 Sonnss ges cu Stex “42% t2¢ clisesseE Cr
@s sist retbly ony tote Thom She prspersioncete shire
— * * Pod
co? the tusiness shat = heve. iz = seve Uw o> har?
$2 a Pet ee Se 2 stte ~*e ae %% * +
scchly mot inverestsé im Seeeang Fase ecsvaudlisarenss.
= pewettclie is cer scle.
The sniy exception to thas zt this moment % AISC
houses thst ue tec over =3 = chetn end thet's deceuse
c? sons 2 éntntstrctive. ésteils thet eti12 heave rot deer
werized cut end it vt12 <2 But
sore tine for that.
exny cf she othe> Louses we Leve cre cveileble for
-
.
” Pelions, besce =DCa cur principle 2c
' weiue ené tc-csep your srcéues veluadle, we ere not
geize to ecll shise except es EoCimE™ Susincsscs. Te
“esd Bét going tc mete ths mistaxes ve “€2é ts OS ee
Je ate coing tc require 307 50% down.
“Te cre geting sc fell thes Ce @ wusizess tests ef eny
Czner sueiness is nerselly 2cl¢é, bascé upon »rcozits,
excss Zilch maxe
ené cther consiéerstions you wel
Vr
,
pid 2$944%3
O28LV
ee
l eclieé it ineffective sansgenent. | ! | : - ‘,
. ) sctenzial. Te hepe, one xe écn's knen yet deccuce,
2, LEVY: There were 6¢sceussicns in this
GScé, Ve Hove cniy deen in <*% #iye months, that #e will.
te eble cc builé sxe sning with the nenaze- nt ue have
4 nixcé end be avie to sell v= establishments. 30% é
42 I gave ony CvnEr 2=sreesic T'e sorry. = sete she
~‘*e écesn'+ heve ecce management, £6 trherelcre we : Barts, a 7
ae~eue tnat cause 22tiure, e-é uhat we nope te Cs, &=6
ere gcinz tc Cpe tp em estetlisheent down the street
| in five months we are @ tons “ey 23ro= nizerés in this
sscet sxe bleeks."~ New we exe coninrg * the place
—hker #hie Ve Te of) wen . - - a +
shere shese¢ pleces you cpencé up kave tac menecenen~ A
“ ‘eet is ome Cl Tue reali chings
ené you ere gcirs soteke cover end have pecple vith m : —
we are telxing <=>¢ $$ gil trree things you are telx-
six ez eignt weexs of trelninsg who have never been ooo e Sanke
ng edcut. And T this <nis ts where you ere es Zacl*
tm the bowling business delore eng you ere gcing te
: ° because you ere Tne Ses ~<~¢ 2cuné the locations in
keve gece mexegemens. is iv she fect you have better : .
: s soeasinli ° _ | : meet cases. You nee pecpue cut locking for Locations.
? rezenent c more money thet you can cerry on cver a
d es . You put the houses 4m. You ses she price and you
Yonger perice 2 tine because you hav <1 e : ° : '
stole carsamalie p Resense pou tate © Te - get she doun peyment. aré nor ell of a sudden the
a
asney behind you tc cars cu thareugh ané meyre cut-
od —s a ici uf corieter is the bec Selicu because =é can't pey
tact the Zellew éoun the st-ee%? “his is the thi os «
ss . Jabs es : ené it becomes a dE6 @ezi. Tow you ere negcoviating
thet is the crux c? the wocle thing.
a ict haeréer than you é1é betcre. Lise, +zis is
<2. RUDO: Manny, I cited three exenples REST copy. AVAILABLE i =. al. seepered ont yee Ot ti ca :
cf whet ceuseé business to fail. Cepivsiizetion, “p. RIDC: What €o you sant us tc @c?
monegerent, ane loceticon. I can't gueranvee you - I oa, IDVY: I eek you bow you “rink you
saié thet, tec, I thought thet cur nanagenent is gcins 7 ; wie ona a nivecle men ine short pericé cf x
to be ‘the best but we think this causeé this to fail z ae 8 it necn't for the fact you have millicns cz o>
ené based upon cur evaluation = a Stee \*e écllers dbenind Erunswice & carry Pes on for a stert at
6 = : ‘ i >
\
+. |
@i69,900. Ze have cver c SS-Lane nceuse we wovlé sell
> ai
fer $400,000, $497,000, seteclly, with $200,600 sun.
<)
wo
©
©
» &
Py
5 Sede
Re LEVY: Eew Sie are the keusest At least shis is teseé upen she formula we have werzed
. eee ee oe
gh
wR. RUTCs Pec= 26 te 23 lanes. - on ecede cut. a \°
> a ee Se | 2, TIV¥: In ccther ucrés, you zulé de
4m @ US-Lanc acese? Couré she Prspe>ty etstcré to . £m @ position ts set the price hich encugh sce yeu
Pey shes? eoulén's e€21 ther.
SR. EUDGs Yes. Et*s ect cus 2cesal. <“E a . SR. RUDC: hct's net the invent. Thes's
else, have 75,000 =en Summing $4 houses. You ere toxing he ancenetien tet Rn ne _
& svstl percentage ané trying te tnist the story. . 2, ISVY: Zex cexy pecple are there
This you have to ¢o ecrcss the dearé. e@rcana whe ere gcins *% pay you $200,000 cna bowling
im. LEVis You are paying she saze salary esteblishzent in the present =arzet? hen you put a
tc a max rucnizg a 64-lans ccuse es 2 16? $200,000 cesh n=ice cn 4%, you're ecing te keep it.
| «SR. BUDO Oenezeliy, yes. I dente cay — wR. BUDO: I éen't think se, Manny. This
ell sur renegers are getsing onty $9,060. Den't mis- is not chat we are trying to do. |
interpret it. Sone we heve inherived in the AISC WS. ISVY: Is i+ legicel te ge *rem noth-
ené Atlensic Chain-nwe have tc pay more. ing se $206, 0008 | | |
“R. ISVY: Yeu cisin the houses ycu are > | "BR. RUDCs Is £4 legical tc ncke the sexe
' “7 bo . ann « - dia eet ano pp eis gee igs itil |
thing quer eve 'Ghs 2@ sale. You require 50% to 50f mistexe the seconé tine? | . 3 i
écoun. A2t whet price? 8 —-- sani: otal ere | re YR, IDVY: It's logical te meke ancther ;
Rm. RUDC: She price +s baseé upon cash .mistexe the seconé tine. |
; . m
Zl sw presi ané return cn investnexns, ané they «ill . | wR. EUDC: Yes, it ise 5
run 2rem & te 24--lane kouse ané we try to cecize I ‘ ‘ . IR. Ts2acSox: ir. Ruéo partially answereé <3
in ive scnths, which is s besically short tine % |e omy question. Ze saié they naé taken over 60 establish- =*
4uégze, whether we will sell thet establishment fcr = ee Sere aL, re ee. Pe i Ay ee > d
wR. WILLIAMS: Milt, in your ¢iscussicn
ysu serticneé that you viould xeep shese estadlistments
until you fine a suitedie purcheser 2cr then, ané
“sur to six years, which is ‘he
tren you citeé th
evereze time thet they “wcure keep an euscrodile
G€cntersnid.
Maetis whet Gencreal Fotors
founée.
a?
=- wreTtte
i ~ Lua eSs
per) you have eny ses Lixit
or eces Dransxick have eny sét linit as tc the tine
you ssulé Keep these, o> is it just a metter c? en in-
Gefinite pericd cf tine? | |
BR. RUDC: “Te have not set a limit.
Renemder, this is new to ts. Maybde've have mace a.
mistexe.” Maybe we ere cn the right read. There eculd
; be a Lot cz things. I =2y de locking for a jcb a year
“rez ucx ex€ senstate else may be cperating this: ..
tusiness deceuse I'r not écirg it well. Our Company
- ané she nanagenen* cf cw Company expect is to be a
put one profitable basis. This I can tell ycu. ‘ime
elone will ansxer this. I can't tetl you she tire axnd
I icvlé be silly +o stay here in such s pericé cf
. cpera tion. It is cne cf these things we haven't
communicated with you pecple. The fact is, we just
we ee
vld 24944%3
S28LV
--establishrents, ———_——— ea
sterteé oné we really éidn'* “nen om cperaticns.
Howaré ané I ked lenck a nenth ceo ené this is cne
mite
I cculé te
“ellcoxns whe
excs>S Chat =e shculé elz% to yor ené yeu
unéerstend why ve ere in it.
-
a ee “is
3.C6.0.,° kaé azsy sinttas
af
type cf cperating ccxpany cr
have you t2é eny scetucd c2 remning es<adlisi.censts
pricr te 5.C.C.? , :
- 2. 2UDC: Ze ran pleces cverseas Curing
the lest “Cc years. .
MS. TISSIANS: Xot écuestic?
%R. BUS:
Pe@ Crewn. Up tc this time, ns, uot to ny knowlecze.
it, Jack? Te
fhere wee one kerse in Tichtte, res='t
were in Zawati end Zouné cut we vere ranning it. Sut
up cmvil we fcrmed E.C.0. we were not running any
-
=. WIEII US: Then my next questicr is
tc tr. SseZan, your legel ccunsel. Joulé Srunswick
be & pert ef any cf the suits cr ecticns that are
pending in verious assceiations 2né else the Ja*icnal
Aescetation by virtue of the Zact 5.C.0. new has
—
.* . ae 2 Pad
dee eet. abe
Sack in '36 cr '40 we ran some.
vld 34944%3
9Z28LV
your Stcte Agssetaticrs o> County Asscetaticns sctre
“yo, SRATTAN: I have @ little semcry ¢
'S. BUDS: . I had juss come with the
| Cerpeny. Te were stii eperocving 2 ccuple.
“3. 3HG5 SEs SOSH. 4
o>. EINDEZ: <= asulé cise to éirect 2
guessionm 6 Lit soos veut qereral patilesephy, Ftlt,
sz gener2l philescpty. I's
s
i
teh
a
A
"
«tb
i)
i]
'
7
uw
i]
ct
«¢
0
sceexizs cl =e yeliocn exces that is printeé in red,
ztiech is mcs cxnly @iestritutesé within your cun estabdlish-
sents, but in estadlishrents in other esties edjacent
te yours. I wonéer «¢ yst coulé enswer this for us?
12, RUDO: This ts a proegren thet we have
- gécpted, Cerl. Te bed @ pocblenm wien we went into
cpereticn as tc atl she pregzars that should ve
utilises. Te eécrr~cé @ prcog=e= ret hes teen utilized,
in fect, every cxe thes tes teen used by cne ct
plece in she Unitec S+aces, exéd if ycu want re to
r wonlé be glad te read cf2 where thet ie
WS. EIXDSL: ane give-aways.
wm. RUSOs Ff den's unew what you mean-by
4
give-avays.
*
) | : +
= at the tine. 7424 ach | a
rt
?
hg
ws
-—s>
—_-
vid 24944X3
L28lv
_— nea -
1R. BINDED: You have a 95.06 2ree coupen
">, BUDO: It's sete up ct ten é477erens
cclors. Ie you tol Zer 12 weexs in cre cf shese °
e
efter huguss 15, if-<5 remexte> ccorrectly, +t cre care
cf temling a weex For ten weess *reresi ver.
Shes pespie éen'+s core in exe dowd che seme. Te thing
pecple stll esre in enc bozl exné xe chink in the Zall
of the year, ween pley tes teen c2f = she less four
cr five years this will s*izeiate pecple *c ccze in.
It is not e metter cf ali c= “nes used et one tine.
‘It fs cne game © weex that can de utilized. If you
went to talx adoct give-ssays, I. knew pecple in |
Svensville, Indians, where they ere giving anay nink
csats ané trips tc urcpe. I éca't know the difterexce
dDetween give-everys end prenc tics. I sey <nis andl
. gn tryigg te finé cut what it is ane learn.
a ptiles cphy?
enone -—=-WRe -BISDEL: Is2't tots contrary te your _
- BUDS: So, sir. Zhat are give-aways
ené what are prcoecticns? _
| #R, EIEDZ: ‘I can't answer it.
WR. BUDO: The Theaties éeal with
wld 24944%3
BZ8LV
=.
th Saticnal. These cre
4
®
«t
| hed
q
be |
t
1
-e
ct
ey
oP |
*
™
ti)
fe)
om
1)
~
2
‘+
sece “ined of prenctions. <= éen's “new the enswer.
<*s +n4s is she thine we ere trying te builé ane
ret pecple tc come in Guring ke early seescon.
mecple come 2ren? in one 4vetenee lcatlets were rissec
cut 16 siles fren your estchlishrent vinere ther <s
3, ZSISDET: I écn't know.
u2, BODO: I écn't knew, either. his
4s @ netter cf the sclictts<ion cf Susiness ané where
ac the pecple come 2rcn? = écn't know.
CrsetT2vti% GCLOSIRG: I didn't want to
“interject mysel2? yet but elcng sche line Carl eaic,
I must essume you snow the ¢steils cf this. This is
cne I orevght It was ia cur erca before Srunswick
ect ints the cperatins ors ness by A.I.3.C., but it
wes ry unéderstanéing these bocxs were given cut to
every bowler in the winver league for use 22 One gane
per weex in the summer. An¢é then iz you went in the
summer you got cne in the fall.
-_ Sn ek eae
. .
_- teehee.
a wee oe § % © 2 c- - eee 2
- tie * *.@8 ° toe alice cf seoee @ o4
—— ——_—
vid 34944%3
6Z28LV
P we. Be,
TLIBTAT CCIDSIRG: Cl ccurse, meyte you
I think wast Cerl’s concern te she concern cf sll
ress o2 ts eny zocé. A=%rer ell, eli you ere ecing
sc éc is coke. If he Eets & frec beck he is gcirg
tc bowl in one & these houses ané we are net ecing
tc ecec=plish any ==n2 stner then giving sone stuff
auey, which is the easiest “Vay < td it.
I agree with Sarl, you pecple heve been
a
i= “aver ce the cpereto gesting @ feiz price so he -
cen pey bis bills.
2, BUDO: i'n in egreenc=t end tnat'c the
beste pnilcscphy. Agaiz, I have not interpreted in
-——— ee me —e—
ny cwn mind whet is e give-ensy ené what is'a matter
cf preroticn. If our pecple have nes utilized these
preperly, it co=zes +o what 3cééy Rucsell is talxing
atcut, ist's she controls ané *hese +hinzs, and I sey
we'll ges to chen ené get squared aay. Te can't
even write and conplais atout inaccuracy deceuse here
ee
vid 349$4%3
Oesly
S+efen ccoys we'll Se fceininz in price Zixing iz we
write ené ceompicin ctout your ussses €ésins some unre
echicel thing that yeu Con't even “now Sdcus. Te ere
net trying tw €¢ anything Sus >= shis dSusizess £6
ts will se nrezictaesle. IF 28 Sat fntenticn tc ¢c ‘wnat.
~st me cs you 2 Cuesticn. i= you are
inc rexzet ané eonebscéy ts running boning Sor 252
en2 you ore gECsire sof, €o ue have @ right tc “rive
CeRrzius GCLD3-2¢: You mean, ycu are
cpereting in the erea? a |
MR. RUSC: Ve ere in Inétena. If we're
ia Inéiena, I undersverd we're tn trouble. Te're
_opereting et 50¢ exé this san is selling tsowling for
7S. STEPLN: dust es we cen't egree cn
pricing, I éen'+ think we can e2=€€ either on what
eremetion is, which we will ergege in ené which we
mn cur judgment we think prenactica is
ct
©
13
«ct
-t
|)
a
es
«ct
>
*
geocé Zor us end dowling gererelly, I don'* think we
skevlé cr cen te retaineé fren resorting to it because
Pe. x : - .
vid 24944x3
LESLYV
yes éGon't lize it, 2egslly, you knew.
CHEATER AT SCISSERG: «Te E€on'’S wens to ree
-
£ -e 72 «wm you e=
- - i - 3 “s: Ss
“¢rers you hone «ill poy pou ecen Tonvn Cver © periceé
nd ~stwe = o - - oe 2 -- “.? — ~%e 2
Cl Sitse eeR you errive é€% on you ‘uéromens wrest 2S
-
> 2 2s 72 — ~— . ~ _-
@scé Zor dewling Frexetion eré it helps tc Duy @
substentiel mumber> cf these cther pecple cut cf tusiness
if it shenlé, seems «© nme screwhere along *he lize
‘seredcdy hes a rigtt sc say scnething.
2. StSPas: You ere bringing it tc cur
astenticn in ter=s cf cur coun self-interest. a
‘ER. EVDO: Our interest is your interest.
Any cf cur oromsticzs ere aveiledle +c any cf the
vecple who “went to utilize shen. In fect, in cne
gpecizic case a whole asscciatica aécpteé shis.
epee st CEALENIN GOLDSERG: Well, Xilt, with these
King c2 pronstiozs we éon't meeé ary self-help.
"2. TEVY: TWhst are you ¢cing tc promcte
~—-*2e + as
.
°.
nen Sewlers? You are in the bewlizg business, what
‘gre you écing to promcte new dewlers?
wR. HUDO: Im the State cf indiana, *
ee
a ee ” "ies « * “i .
pld F4944X3
cesly
in the Zive or six teuns we heve been in, ve have foun
the operstors there never even uent into the echcols.
his is 2 ehoin c= six estetlishnents ue took over,
svo 16's exe Four 24's. Ané Iues to14 in these toxnas
they heé never epproesheé the schocsls. They éién'+
évVen Ancu whOt they kere tS contect.. Ye heve cone
tn
>a
et
og
wu
';
Q
™
tf
en
om
:°
%
oO
mn:
.¢)
if
(by
et
ty
(b
)
a
i!
om
ct
+4
3
™
s you Go.
cate aaures shat Beve van écne in érees
where they neve some into the schools?
=O: Speciticsliy, we heve run
ieermn To Soul" ené telesnene solicitations, tre heve
=u2 éoor-to-door Soiicitaticns. te ere cing the sane
things, exéctiy the séme things. tné it's our intention
CRATRYAT GOLDSERS: I guess I got the
vhing off the treck there. Pia,
xo RALEIGAE: z éon't 1ixe 4-letter words
and esrecielly I don't like this "free." Xtlt, you
menvtioneé this is e meW experiexce to yen, that you
pinpointed tuo houses, @ 24-lsare house end @ 50-lene
mouse ené with the so-called Gown peyxents yous eid
it “oule pey of? 7 in seven yeers. Tou haven't experienceé
the stuxxer months yet, © ; ‘a ao
MR. EUSO: of seicg it wes & lixited deal,
vld 349b4x]
cesiv
= bsseé this on our operetions fro= Merch threugh ay
on sme mouse. I agree with you. tut i2 scmedoty7 wentec
te ovuy thex today, this is the price we weulé sell
for tases strictly sn cur lizited éee1. Feople heve
seié ve ésn'’t “ext t9 sell trem. <=
CE2TREAS 30L73226: =s there anyone else
wishes to Ssy enythizs? Yell, thenk you, sentlexen,
for coming. we heve eppreciated it.
(fre Sruxseic= ~epresentetives retired
from the roon) .
CELTEXIZ GONDSE2C: Gentlemen, this is
Nele Eerlenc, gererel counsel, ené Mr. Clint BSrixzx, the
Pest Presiégent of = the Oregon Stete Association. You
wili g0 =i nt into your piten, Mr. Herlené. © - J
£ i9 tect. EARTAND: Our Association, &s you
mess, tee recently bzen sted cn a civil anti-trust
metter ty Pecific LIeres, “ho secured a rather lerge
daggnent ageinst the “ashington State Proprietors’
he scetetion in Piercs County oné certein indiviécual
éevenéents. Wwe were not involved éirectly in the
feshi ington suit. “We reed in the neuspepers what was
We hed no perticuler contect with the suit.
| BEST COPY AVALAgLE
going on.
bld E9143
vesly
-——_———— — ow een
wi'h 209-557 and Carl
off with 202 in a S45 series.
fine series were rolled by
ackett with 193-539, Alan
U 19-5, PA’ Larson 202-
ug Larson 181-518, John
‘son 193-518, Richard
170-302, Jeff Modic 176
SINGLES a
"2 PM
»100
ranteed
on 20 entries)
200
of 200
AS MIKE MARISCAL HITS 677
BY CLYDE WATANABE
HOLLYWOOD—Little brother Wayde Watanabe 209 and Maren
. Weege and sister Kathy can no Edwood 189-442.
longer poke fun at big brother Falling to new heights in the
Mike Mariscal. After a couple of King Junior High League was
years of near misses of the James Takemoto with 210-209
elusive 600, Mike clutched inhigh 614, Jenny Herting had 159-354,
gear and soared to cloud nine 9, Dan Colman
with 211, 200 and 266 for a fa Lake 373, Dale Chand-
tastic 677-series at Hollyw 411, Brian Lewis 204452, S.
Star Lanes, (There goes your lowf; ,Shigemasa 338
after last week's 593.
Daring Dave Levin sizz)
crisp 208-576, Rick Johnson added
202-561, Stepan Keshishian 523,
Marty Arslanian 510, Chris
Caldwell ‘517, Jack Jones 517,
..Dino Mastro 210, Mike Goto 222,
PREMIERE
Rocky Walsh 407.
In the Adult-Juniors, the
Cameron 378, Nancy Bearnth 166
and overdue awards of 246, 105
pins over average and a 246
trophy. Brad Loveman had 392
and Mando Nalbandian 190-460.
The almost-but-not-quite over
the hill gang hit: Eldon Jamison
201, Ralph Eisenbise 515, Bill
Moigis 533, Joni Bernier 443 and
Mona Rodriquez 373.
VA and FHA REPOSSESSIONS
‘Miami, Omska@otd Geeta Hyskey Harris
ports Laughs Last
<ins Super
cated Press
0:0 chanting. | singing
ering fans give the
Iniohins a tumultuous
home Monday 47 as’
0 Shula and his his-
sing team brought home
y's first Super Bowl
inship.
n't tell you how much
eans,” said Stula. “4
0 says it all — world
mship.”
while, the Wdshington
S returned to ;the na-
apital Monday night to
eis of a small group of
‘s who somehow man-
bypass security guards.
y those greeting/the Dol-
is C.G. “Bebe"'’) Rebozo,
ve and Key Biscayne
r of President Nixon. He
to a floodlit platform
»k hands with Dolphins
2 partner Joe Robbie.
\. whe rooted for the Red-
.ayed behind at the Flor-
ie House. However, ear-
aday he telephoned his
ulations te — in Cal-
i Beach Mayor Chuck
10 called himseit the “‘of-
welcomer,” coramented,
3 a certain spirit taking
1e town. For the first
everybody is smiling.
e all happy. We-can be
‘f our world charapions —
ole city, all 28 rrunicipal-
usually reserved Shula
ervescent as he held the
ing Super Bow! trophy
sanked those among the
OMAHA, TUES., JAN. 16, 1973
19 *
Bet are
C’mon, snow, melt! .
ae? -
2¢0--
INTIFF'S
tXHIBIT
—Werld-reroid Prete
. » Turning first spade are, from left, Edwards,
Mrs. Schoon, Dollar and Melonis.
In New Omaha Center
Computers to Score Bowling
By Rich Pearl
The first spade of dirt —
whoops, make that snow! — was
turned Monday to start con-
struction of the first new bowl-
ing establishment to be built in
Omaha in some 14 years.
The group included James
Chauncey of Denver, Bruns-
wick’s regional manager; Wayne
Dolylars of Kansas City, Bruns-
wick’s district manager; Lloyd
-Edwards, manager of the new
facility and Dariene Schoon and
Ted Melonis, the Omaha associ-
By Robert Williams
Werld-Hereid Seerts Writer
Lincoin — Lee Harris, the
University of Nebraska junior,
admits he smiles on the basket-
ball court.
And he veamed in rebounding
a missed Alvan Adams basket to
set in motion a Husker move
down court that tied, 56-56, in a
7467 victory over Oklahoma
Monday night.
The Huskers didn’t lead until
Harris's 20-foot jump shot from
the top of the key with 4:40 te
play. That put N.U. ahead, 60-53,
and the crowd cheered shrilly in
delight.
The Sooners broke to s 100
lead — while the Husker part-
sans in the crowd of 4,200 waited
patiently before being seated.
Customarily, they remain
Standing until the first N.U.
points.
Brendy Lee scored a layin
with nearly three minutes of
playing time elapsed — and the
fans could be seated. But they
would stand again at the game's
end to root home the victory.
Later, Coach Joe Cipriano was
to credit the 68 Lee with doing
an outstanding job defensively
on Adams, the Sooners’ 639
freshman.
Adams ended with 23 points,
but was without a field goal for
more than 20 minutes after con-
necting 12 minutes before the
half.
Harris joined Cipriano in laud:
The ceremony in the melting . . ation secretaries. ing Lee. “Twenty-three is a lo
rit LANES $500 DOWN who had welcomed his snow was held west of the cor- Potential Edwards, 38. who formerly ‘ifferent than 38,” Harris noted
§ 13210-E. Telegraph Ra. (No Qvolitying) A, — pi. —- ner of Mockingbird Drive and Over 1,500 .is0eq Brunswick's Sout reterring to the number ¢
6 A PAIR Santa Fe Springs - | _-e— co st the Sucer Bout —— Sweet, south of L pep Lane’ Milwaukee, Wis. bowling estab- ow amet at low
t0 TO BOWL
30WL
4) 623-0702
& 941-0271 .
NEW ‘FORMAT!
“= WEEKLY
RAGTIME DOUBLES
a
K PANZTAREUA .
We Buy Equities—Cash In 48 Hours
BEVERLY JACKSON REALTY
(714) 8474033 @ (714) $4$-8245
Mobile Phone 586-5964 @ Poger No. 790
} - TOURNAMEAT
tn which Dallas beat them,
said that night that we
come back and bring the
ionship to Miami. This is
this team was able, to ac-
sh,” he said.
rly 150 fans were at Red
Park at 7:55 p.m. when
um arrived from Dules In-
ional Airport, only a few
away in suburban Vir-
Present were representatives
of the Brunswick Corporation of
Skokie, Ill., who will own and
operate the 32-lane, $1 million /,
facility, and the secretaries of’
Omaha's men's and women's
bowling associations.
-
Tickets Available
lishment, is taking bowling
league applications at 339-8858
when he isn't seeking living
quarters for wife Diane and
daughters Lorri and Michela.
Brunswick and Timmons Con-
siruction Co., the general con-
tractor, are shooting for a July
15 opening date, Dollar said.
The bowling center, the first
Brunswick ewned in Nebraska,
will be “the most modern in the
Adams led scoring and Harr
scored 22, high for the Huskers
Harris, a 62 product of Ce
tral High in Omaha, said |
“didn’t have any kind of, touc!
in his shooting because of bat
ing the fiu.
However, he said his qui
ness had returned after des¢
ing him during a 68-55 loss
Oklahoma State two nights ¢
lier. The Saturday and Mon:
——~ at Se Oe
For Sports Fete
Tickets for the Omaha Sportscasters Associa-
tion banquet will be on sale until 6 p.m. today
at City Auditorium.
The banquet will be at 7:20 p.m. Wednesday
at Peony Park. The event will jeature ex-Oma-
0 Dulles. han and former Chicago Bears’ running back
‘dn’t think we would have Gale Sayers as the sportscasters’ man of the
vpe of turnout alter a year.
said Coach George Alien. Ex-Green Bay tackle Henry Jordan will be
of the good things about the principal speaker.
WEEKLY
GUARANTEE |
4
\ar-tabdioay
2nd—ss50 |
3rd-. $25
world” when it opens because it
will feature computerized auto-
matic scoring, Chauncey said.
The system employs automatic
pinsetters with sensors that re-
lay information to computer
units for scorekeeping.
All the bowler does is identify
himself and roll the ball, Chaun-
cey said.
The Omaha area “is the best-
look:nz market area for bowling
aithough team officials
made known they didn’t
HW big reception.
e tried to warn fans away
the Redskins, ‘earing a
iam on the only access
games are the only Big E:
encounters the Sooners
Huskers have plaved.
Harris welcomed the res
until Jan. 27 and a visit by ©
souri — “50 that I can get we
Cipmano credited Harms
graboing important stea!s.
Sophomore forward Don J
son (6-7) is another Husker
was praised by both Cip:
(714) 527-1196 |
(213) 430-1038
Rossmoor Bowl
1231) SEAL BEAQH MVD. SEAL MEACK CaLBORMA se7e0
CE
IM AVERAGE 140
BOWL-iNN SAEANPAST
MEN & WOMEN
?. 70% of 190 HOCP. 2/3 OF 400
—_—>--sePF = DP £18 eo
: o> te fass. We Tickets also be purchased from sports
RAGES ENTRY ss EVERY SUNDAY Hy jar Nas teen ~ i mw an may be pur I've ever seen,” seid Chauncey. end Cone Jona MacLeod o
‘ATE ANY BOWLER AM. = * tly at 8 p.rh. Those at the head table will be four previous ho said Brunswick had seven : .
vo See . waen Cc ne ny , nt mt why we recipients of the award. They are Sian Bahasen, or a the state a ™
BOWL DAILY HIGH $2.25 = D2 ia ~~ Super - _ Bob Boozer, Rob Devaney and Bob Gibson. = before the firm decided to gelnt perfermence. his be
DOUSLES SERIES s10 ‘ he said to ihe cheers 0 . a the tushers’ 68 esncen.
“mw atom had . . e ‘igure that 1,50 bowlers ; ,
(714) 623-0702 Complete Brecklost © 3 a ‘awd, many of “4 B ll W ld R cer lane” is needed to make a The i rs, Cespite
a ae © Seep Ciaee on - on a l ou equire facility success’, ke said. %? Tore than two bam
re five hours. height per mas in toeir
State HorsestoRun ,iirgxer gases
lieved the area was better than
1500 boar lene. seesieie tenes
line, outredounced the Sc
43-39, Lee grabbed 12, one
than Adams, the Sooner
sonal :eader in Chat Cepar
“+ Uveters eained the
Could jd Honoxed
tecreqgtiey fav) =
9EBLYV
Werte» Lincein Bureev.
Reem 1, Executive Guiding.
“m ““ahesevq oare tracks to
Qld 24944X]
-
list ."" he said. '
uty ' fa s were at Red
Park at 7:55 pam. when
am arrived from ‘Dules In-
onal Alrport, only a few
away in suburban Vir-
although team officials
made known they didn’t
i big reception.
2€ tried 19 warn fans away
the Reriskins, fearing a
> j}2m on the only access
0 Dulies. ;
hian't think “e would have
type of turnout after a
said Coach George Alien.
of the good things about
sar has teen <&: fasr YV'e
expect this kind of recep-
specially et § p.m.
ere is no reason why we
be in the Super How! next
* he said to the cheers of
rowd, many of whom had
d in the 40 degree weather
me five hours
Could Honored
nev, Australia (AP) —
pic champion swimmer
Gould, 16, has been
d the Australian Athlete of
ear for 1972.
yhnny R!
ed a long set shot from the
that set. he declined a
er invitauon to prot, drib-
‘to the lane, wiggie—and
shoot a layup
per was the Rodgers
S point leader with 20. Pitts
0, Biahak, who used foot-
econdary talents 'n break-
> Thriller passes—got four
‘lover and Dixon two each.
manentertain
standpoint, the Rodrers
lacks sufficient hijinks—
igh the Thrillers have
’. Johnny R and pals may
ady with a foothal! wedge
on the court when they in-
the University of Nebraska
maha Fieldbouse tonight
30.
z Pruitt, Oklahoma grid
ho was supposed to be a
°rs cage teammate, re-
lly miss@i a plane in
on.
ehan Bob Rodgers, no re-
to Johnny, officiated the
and blended in ‘sharply
the comedy,
il Cheeri
ompeted last
Vierguad> tid Ein SUES
bowling associavons
Tickets Available :
For Sports Fete
Tickets for the Omaha Sportscesters Associa-
tion banquet will be on sale until 6 p.m. tocay
at City Auditonum
The banouet wili be at 7.20 p.m Wednesday
at Peony Park. The even wil! feature ex-Oma-
han and former Chicago Bears’ runing beck
Gele Sayers as the sportscasiers’ men of the
year
Ex-Green Bay tackle Henry Jordan will be
the principal speaker
Tickets also may be purchesed from Sports-
casiers
Those at the head table will be fovr previous
recip:enis of the award. They are Stan Bahrscen.
Bob Boozer, Bob Devancy and Bob Gibson.
Bill Would Require
State Horses to Run
World-wereid Lincein Burecu,
com 2, Executive Gurding
A bill to require Nebraska race tracks to
have one race a day with Nebraska-bred horses
Was introduced Monday in the Legislature by
Sen. Harold D. Simpson of Lincoln, who said it is
aimed at Ak-Sar-Ben.
“The Ak-Sar-Ben Race track in Omaha has
used whet you might call subterfuge to avoid
this regulation,” Simpson said.
He said there is a Racing Commission Tegu-
lation requiring one Nebraska-bred race each
Gay of race track meeting but that a track can
avo’ having such a race on the ground there
aren '( enough state horses available.
“We have plenty of Nebraska horses now,"
Simpson said. “I believe this regulation should
be given the force of law. It will help a Nebraska
industry."’ P
Race tracks in the state include Ak-Sar-Ben,
Grand Island, Lincoln, Columbus and South
Sioux City. The Ak-Sar-Ben meeting is held from
May until July, Simpsan said.
Officials Exclude Anthem
New York (AP) — “The StarSpangied Ban-
ner,’’ which has been met with something less
than respectful attention by some athletes in
recent sports events, will not be on the program
for the Olympic Invitational track and field
meet at Madison Square Garden.
Jesse Abramson, director of the Feb. 16 meet
Says the national anthem will not be played
because his staff “couldn't find a spot jor it."
Abramson said the decision te drop the
anthem from the track meet’s program—mak-
ing it the first of more than 500 athletic events
to gO OM Without the anthem since the new Gar-
den opened five years ago—was made last
month
simicven Co., tne general ron-
troctor. ave shootung for a July
terine Gete, Doler said,
The oowlinz center, the first
Brunswick ewned in Nebraska,
will be “the most modern in the
woric™ when it ovens because it
will feature computerized auto-
Maic scormme, Chauncey said.
Tne system employs auiomatic
pinsetiers with sensors that re-
lay informatien to computer
units for scorekeeping.
All the bowler does is identify
himself and roll the ball, Chaun-
cey said.
The Omaha area “‘is the best-
lnoking market eres for ba ling
I've ever secn,”” said Chauncey,
who said Brunswick had seven
Cifferent people surveying the
area before the firm decided to
build
“We figure that 1,500 bowlers
per lane” is needed to make a
facility successful, he said.
‘Anything above that is gravy.”
He indicated Brunswick be-
leved the area was better than
1,500 per lane.
Erunswick Mockingbird Lanes
will be the first totally new es-
tablishment in Omaha since
1959, when Ames Bowl and Sky
Lanes first opened. Sky Lanes
re-opened at its original site in
1970 after a fire forced complete
rebuilding.
Gretna Bowl, built in 1966, is
currently the newest estab-
lishment in Douglas County, ac-
cording to Melonis. The Omaha
metropolitan bowling area —
which exclude the area east of
the Missouri River — now has 26
bowling etablishments and 454
alleys (including Gretna, Elk-
horn, Bellevue and Offutt Air
Base).
The men’s association num-
bers around 17,000, with 413
men’s and mixed leagues. The
women’s group has about 16,200
bowlers with 222 leagues.
“IT think it's marvelous,” said
Mrs. Schoon of the new facility.
“We have some pretty anti-
quated bowling centers here and
I think the public likes to go into
new and well-kept places to
bow |.""
She said she hopes area bow!-
ing centers will now give more
6:30 p.m. league spots for wom-
en. ‘Most now give us 9 p.m.
and after, but I think it's safer
for men to be out at that time
| than women.”
in his shooung because of bari.-
ing we flu
However, he seid his quiz
ness had returned afier deser:-
nz him dumrp a 6655 loss tw
Oklahoma State two rights es
lier. The Saturday and Mores;
femes are the uni Bic Eighr
encounters the Sooners and
Huskers have pir\ed
Harr:s welcomec the rest —
until Jen. 27 and a visit by Mis-
souri — “so that I can vet weil.”’
Cipriano credited Harris witn
Grabbing important stez!s
Sophomore torward Don Jack-
son (6&7) is another Husker who
was praised by both Cipriana
and Coach John MacLeod of Ui-
lahoma. *
Jackson connected on seven of
13 field goal atiemzis in a 14
point performance. his best in
the Kuskers’ 6-§ season
The Huskers, despite pivin-
up more than two inches in
height per man in their front
line, outrebounded the Sooners,
43-39, Lee grabbed 12, one fewer
than Adams, the Sooners’ sea-
sonal leader in that cepzrtment
The Huskers gained their first
tie at 3-34 on Cal Christine's
tip less than a minute into the
second half.
But the Huskers were to trai!
Please turn to Page 20, Col. 4
Hayes’ Plea
Is ‘Innocent’
* Pasadena, Calif. (AP) — Ohio
State University football Coach
Woody Hayes pleaded irnocent
Monday to a misdemeznor
charge of battery filed atiez an
altercation with a press phoio-
grapher.
The plea was entered in Pesa-
dena Municipal Court by attor-
ney Andrew R. Edwards
Haves, free on his recognizance,
Was not present.
The charge was fiied after an
incident before the New Yezrs
Day Rose Bowl game here, in
which Los Angeles Times photc-
grepher Art Rogers said Hayes
pushed a camera into his facc.
Rogers claimed he received“a-
cial injuries and that his vision
was impaired.
Municipal Court Judge Sam-
vel Laidig granted EdwarJ;’
request for a pretrial hearing. It
was set for 9 a.m. Feb. 22.
as Jays Invade California
hton won, 9 .
had 25, Ted |
e Ellefson 13°
for the Jays.;
$ point to a:
nd Bobik and
> West Coast:
with Ralph's}
brother, Bobi |
Carol, 9 :
d teammates
ph saidof his, . |
cast cage ex-|
each a group:
ected, includ-
from Bobik’ss: ~ .}
n Church. }
ee
‘haven't seen? 1\ RE
ng Section
~~
win three games," so the coast
fans may be in for a treat
Al Lewis, who flipped 21 poirts
against Regis last year, will be
absent, rnissing the trip because
he left the Wyoming game at
the half last Saturday night in
the City Auditorium Arena.
Al haca't played the first half.
The usual starter said Monday
that his “teammates were en-
thusiastic where I couldn't feel
enthusiastic” Curing the 79-€9
win over Wyoming
“I know | haven't been play-
img as good as | can but | don't
like to sit on the bench,” said
Al, who is bothered by sinus
trouble
and I hope he will come back.”
Coach Ecd:e Sutton se‘d.
“I wouldn't come back :f ary
of the players felt | was cheat-
ing the team,” Al said. The
Jays apparently don’t feel that
way.
How about the trip?
“I just hope they win,” Al
said.
Creighton Statistics
’ ® a
eal G Fe Fee A ad oe 4 i
oe aie © ‘
fise Hae gn & 8 it
Tw "no«
G Eelam " om * SB H Ww
s 7 @ ’ ve »” a
® Butter 1) : tu 4
egy ads
e 2) 3 ‘ : u
W Graves 6 ? ae we a
9Ld 2EGLUX]
Lestv
. f
i ; ' :
ak) fr ™, ' , j ’ f :
m €: HS i
_ / 1 t* - , rr . z
_ ue k Lhis vines the bell!
“™ 4 orn,
« y ™~,
/
Fiz lColactie-BPelmaliva Jaime 0) ,
NESE Obs Cn Cie iCeivea JO \ a
i* eatin Fe . E> ps a 22 ” +e ; > = : «J WS A a
el SPE PL | ew L OIC AE edu Cn HCE a AY e ;
; 4
934,36 PER LANE TO BE SPENT BY COLGATE-PALMOLIVE vA iat
FOR EVERY BOWLING LANE IN_THE U.S.A. | }
at lf
1 a; 4
4) i
FS ays 4
- mao i HERE ARE THE DETAILS: i 4
BOWLING COUPON i\} am : | iT i
Ths bowtin e ) \e 1) 100 million coupes good for one free | ,
(= B00 tyr nn on 14 {game of bowling with the purchase of one game / 4
¥ with ony Poid — » would be printed on Ajax All-Purpose Liquid, —
} P2!ticinating heutie at f 7 yi Cold Power, Detergent, and Falmolive Dishwash- oo. I
Centos. es Ex \ \\. ing Liquid. This production would hit the shelf ee {
600d beryoan oy i 4 | \ on or about May 1, 1973 and would be virtually * 2, ’ '
y OTS AM ang ia 4 1 ‘ exhausted by 12/31/73. (/ ao ' .. 4
| Hot wali 4 \i i . -
r play, id for leagu { vi 2) «June or July would be National Bowling | * ' |
Disieen on F \ Month and the majority of the promotional sup- qa! A\ te % iy
Bes Marek 31, 1y76 port for the program would be run during this \\y 3... 7, A =
; i z=> Ol v\our ,
* Sk ot ae» i poviod. Sf’ | gy |
ai y, 3) in support of the program, the following / '
expenditures in media value would be made by ‘
Colgate:
Tv +.dvertising $2,000,090 Product Support $1,700,000
Radio 300,090 Display Material 50,000
Print 300,000 Dealer Loader 100,600
Co-op Advertising 100,000 —. :
Total $1,850,000
Teil Advertising $2,700,069
Grand Total $4,550,000
4) ‘iowling Proprittors operaiing not less than 7 % of all bowling lanes must ,
agree fo parficipaie by Febriiary 28, 1973.
PROFRIETORS — SEND IN YOUK AGREEMENT TODAY!
CS REPRE SOR SP ESTEE LOSISEP SS SOSESEESUSSOSE RH AWS EGON TESOREEEEERS O4EN UNE NEES bSbRRbbO <0 bees eeadececc.,
ves, We epree to participate in the 1972 Calc ate-Palmelive Mo ding Promotion ws outlined above. Piease List
our center whenever participating centers are listed and print advertising as fuliows:
Name of Ccnter
Adare ve
Signed
Lid 34914%3
8Esly
American Bowling Congress
Milwaukee, Wisconsin
4
;
Westbury, N. Y. -
ei ETS Gy
Bowling Proprietors 4
.«. Association of America - ;
o*.¢
gto
f :* Brunswick Corporation
Skokie, Iinois ;|
-s ys"
as «= ” Chicago, Hlinois ~
“5
Races,
Se .
Hopkinsville, Kentucky’ |
tied See? f {
A ee ov FF
‘ a fon >t
a . “df
National Duckpin Bowling ~,
* a Ye oe
dhagazesé ors) Congress *#
es |W D. C.
ote Bae SA OR yee roo S
_ Bees a? hey h Sighs © RFE
q:* bo Ler a0" © ee “> Oy
=
Vulcan Corporation
Cincinnati, Ohio
Women’s International
Bowling Congress -
, Columbus, Ohio.
hal
PLAINTIFF'S
EXHIBIT
£7". Professional Bowlers
‘34%. + + Association »
Akron, Ohio .
‘ s .
ee ee ath
a |
6 om eee oe
Volume III, Number IV, September/October 1972
COLGATE-PALMOLIVE TO SPEND $3,000,000 TO
PROMOTE BOWLING DURING A 1973 FUN BUCKS
PROMOTION. The National Bowling Council and
the Colgate-Palmolive Co. have agreed to
Sponsor a giant nine-month promotion beginning
in April of 1973. Prospective bowlers will
find a Fun Buck on Palmolive Dishwashing
Liquid, Cold Power, Ajax All Purpose Liquid
Cleanser, Wilkinson Shaving Products, and
other Colgate household products. This Fun
Buck can be taken to a particifating bowling
center and exchanged for a A FREE GAME FOR
EVERY PAID GAME. Redemption can take place
from 9:00 AM to 5:00 PM, seven days a week,
plus any other times made available by
participating centers. Colgate-Palmolive
will place not less than 120 million Fun Bucks
on the products involved during the nine-month
promotion with a notice or tag on the front,
calling attention to the special bowling offer.
In addition to $2,250,000 being spent on TV
and radio advertising and $750,000 in store
and cooperative advertising, Colgate-Palmolive
is considering a direct mail piece to more
than 15 million households calling attention
to the bowling offer. Colgate-Palmolive will
also cooperate with the National Bowling Council
in advertising in local newspapers listing all
participating bowling centers. Bowling
proprietors are urged when they receive
complete details of this promotion this fall
to return the card with their agreement to
participate so that NBC can include their
bowling centers in these newspaper advertisements.
At the BPAA Convention in Honolulu in
June,the Fun Bucks Promotion received a very
enthusiastic endorsement. According to
proprietors there, "Fun Bucks is a natural
promotion and should result in a substantial
lineage increase over the usual bottom line.”
With four times as much money being expended
to promote bowling as during the Post Cereals oe
Promotion, everyone in the bowling family =
cannot help but profit. o>
©
Ww
vo
~~
e*]
~ . PRESIDEN TFAE.
Ne. SPORES:
&< AWARER
JUDI ON THE MIKE DOUGLAS SHOW. Judi Ford,
the National Bowling Council's Miss Bowl-
A-Shape, taped a 7-minute segment of the
popular Mike Douglas TV Show on August 15.
Judi instructed Mike, his co-host Florence
Henderson of the "Brady Bunch” TV Show,
and Miss Henderson's 77-year old mother in
the Bowl-A-Shape Exercise Program. The
show will be viewed this Fall in 125 markets
before an estimated audience of 15 million.
FALL ADVERTISING CAMPAIGN. The Fall 1972°
Advertising Campaign is shaping up well with
what looks to be a record-number of proprietor
groups lining up to tie in. The Council's
Fall campaign led off with Howard Cosell's
radio reports from the 1972 Summer Olympics.
In October, the National Bowling Council will
again co-sponsor the telecast of the 1972
World Series, the largest sports audience show
in the world. This year, the Council's commit-
ment for the World Series is almost double
that of 1971. Last year, the National Bowling
Council bought spot ads on the first four
games; this year, we have the W-H-O-L-E
thing...all seven games, if the Series goes
that far. That's 300,000,000 bowling messages
to the TV viewers of the 1972 World Series.
30% SUBSIDY. To encourage even more local
participation for what the Council feels
is one of its greatest advertising campaigns,
the normal NBC 20% media subsidy has been
increased to 30% for those proprietors who
tie in with the National campaign between
August 1 and November 30. This new subsidy
amounts to $3.00 for every $7.00 raised
locally. For instance, if a proprietor
group raises $7,000 for its campaign, the
Council will add $3,000 making a campaign
total of $10,000 worth of media advertising:
In addition, of course, the Council has
displays, television spot announcements and
newspaper mats. Please contact Council
headquarters for more information - but
hurry, the 30% subsidy period is already
underway.
PRESIDENTIAL BOWLING AWARD. By the time
this Newsletter reaches its various
destinations, most proprietors will have
received the initial mailing from the
_ National Bowling Council consisting of
Bld 49E4XS
OvSLV
colorful wall and desk posters, record
books, and full instructions to enable
their customers to participate in the
Awards Program. To obtain the Presidential
Award, a bowler must complete a minimum of
150 games within a four-month period with
no more than five games being played on any
one day. The sets of five games must be
bowled on at least 34 different days. In
other words, the candidate for the award
must bowl about 9 or 10 games a week with
no more than 5 being credited for any one
day. League games will count in the total.
The goal of the President's Council on
Physical Fitness and Sports is to establish
a set pattern of physical exercise. The
award will consist of a patch, a lapel pin,
and a certificate signed by the President.
The bowler will keep his own record in the
sheet that will be provided by the proprietor.
BOWLING ON RADIO. To better serve the
thousands of radio sportscasters through the
U. S., the National Bowling Council has begun
a pilot program of taped interviews with
bowling's greats of yesterday and today.
The pilot phase will provide information
about the types of subjects most appealing
to the top 100 stations across the country.
This is a most effective means of providing
the materials to each sportscaster. After
evaluating the pilot, the Council expects
to supply a regular series of radio tapes
to announcers throughout the year.
VARIPAPA ATTENDS OLYMPIC DINNER. Andy
Varipapa, one of the National Bowling
Council's Traveling Ambassadors, attended
a dinner in Washington, D. C. on August 17
sponsored by the President's Council on
Physical Fitness and Sports. Andy's
attendance was a natural at the dinner
honoring our 1972 Olympic Team and such
great sport stars of the past as Jessie
Owens and Bob Mathias.
While Andy was in town, the up-coming
NBC film clip featuring the Fifty-Plus
Program was filmed. This clip will be
made available to TV sportscasters nation-
wide. It tells the story of who Andy is
and what he has cone for bowling. After
Andy presents a repertoire of his trick
shots, he tells his captivated audience
about the Fifty-Plus Program and its
benefits to senior citizens. Andy was
81 years old in March:
Bld 3$944%3
Lyslv
PAULA SPERBER AND FLIP WILSON APPEAR ON
THE TONIGHT SHOW. On June 12th, the
nation's late night TV viewers were treated
to a bowling segment on Johnny Carson's
Tonight Show. Paula Sperber - bowler of
the year - met Flip Wilson - comedian of
the year - in a fun-filled episode.
Mr. Wilson gave Paula a bowling lesson
that won't soon be forgotten by the lucky
millions watching that evening.
INDUSTRIAL LEAGUE KITS. The National °
Bowling Council has again prepared an
Industrial League Kit for those proprietors
who wish to encourage bowling participation
within neighborhood, business or industry.
The kits contain posters announcing league
formation and payroll stuffers to sign up
employees. Also included are pamphlets
for industrial recreation directors out-
lining league formation and the popular
“Bowling is Fun" Pamphlet. Complete kits
are available from the NBC Washington
Office at cost.
“EBY” EBERSOLE RETIRES AS BVL DIRECTOR.
Arville L. Ebersole, who guided the Bowlers
Victory Legion through almost 30 years of
service to hospitalized veterans, has
retired as BVL Director. Eby, as he is
known to thousands of bowlers and veterans
throughout the country, has assumed his new
position as Director Emeritus of the BVL
Fund. Eby will retain his role as Execu-
tive Secretary of the National Duckpin
Bowling Congress, a position he has held
for 32 years. The administrative and
operational functions of the BVL will be
assumed by the offices of the National
Bowling Council.
= “ eee? or xt
National Bowling Council
po omy iy
.
Sid 3$944%3
2vslyv
EITHER LIFE AND/OR LOOK
OR NEWSPAPER MEDIA
" 4: - af
~ : - * ya- 24
f > yoy!
te <**
: 4
Wen
me
P * <%
4 . ‘ =
4 — >
—_— -
A
Z>
Tet
se o*
~~ sa?
hs)
wie
era
“oe 7
4
a
2)-
ery o
a
as ed
ohh
LL COLOR/FULL PAGE
on’Bowling is Fun
+-1/5 page listing participating centers
P
~ b te mS
vB oF ie
ae
20 VIM '2
back panels New this year
20 VIM full
back panels
PLAINTIFF'S
EXHIBIT
New this yaar
20 MM full front
~~ panel patches
Vey pan
60 MILLION eu MILLION
Front panel patch & certificate on ail 60 million Front panel patch & certificate on all 60 million
6ld 2$944%3
evsiv
6ld 3$9$4%3
vesly
RIN EW THIS EAR SN MTHISPROGAAMIVILPROVIOE
TV ADVERTISING PUI
Pe MAXIMUM EXPOSURE
| devoted |
exclusively LE, ee. |
nl ete GENERATE TRAFFIC
nt “si
Promotion Bee ek
TAKE FULL ADVANTAGE OF ALL
PHASES OF THIS PROGRAM-
To insure your Bowling
Center will be listed in LIFE
and/or LOOK-or newspaper media
»~?, an hind @
aisas iMot rt be s ‘
ey ay Ag™AF AID AIT
m 2 di . ' ~: . Si t 34> “Aej.
x se. O33 | ”- ; we & fr . " y 4 . on
~ 4 -- yy x
1
oc, A ‘ = afte
—_ — ~ J
= & 7, eS z=
‘ ct
ow Dea y
=a To
= ~~
wo
SLAINTIFF s
EXHIBIT
(>?
=
.
Brunswick CORPORATION
OFFICE OF THE
CHAIRMAN OF THE BOARO
PENCAS Coyonne. ws
Dear Stockholders:
In the May 1 issue of Forbes Magazine, you may have seen
an article about the Company which may have caused you concern
as it did us. Attached you will find a news release which, I believe,
explains the Company's position.
To put it simply, the earnings which we have reported to you
are fairly and accurately stated, and reflect the true operating
results of the Company.
The news media did not accept our release since they consider
it to be a part of a private controversy between Forbes and Brunswick
Corporation, So we are taking this means to bring it to your attention.
Mougo
~
5401 OLO ORCHARD ROAD / SKOKIE, ILLINOIS 60076 U.S.A. / TELEPHONE 312 - 982 - 6000
O8d 3$944%3
Lvslv
\ foes ame
aK aoa Bruns WIR con a an a + ba 7 ‘Ss
The following statement was issued by Brunswick Corporation April 27, 1972:
This week a misleading article about Brunswick appeared in FORBES magazine (May 1 1972)
that contained misstatements, distortions, and innuendos reflecting on the quality of the
Company’s reported earnings. The Company’s management believes it has an obligation to
its shareholders and investing public to set the record straight.
The major thrust of the article is a very damaging suggestion that Brunswick’s turnaround
pacha pee ee since 1965 are ‘‘not true operating profits,’’ but rather are ‘‘inventory
profits’ resulting from the fact that Brunswick ‘‘wrote off too much’’ in 1
96 se =
ing boom collapsed.’’ 7 nee
The fact is that in 1968 the Company recognized that its reserves were $8,500,000 greater
than a but the reversal of this amount was reflected as an extraordinary credit and not
as part of operating income. This was clearly disclosed in the Com ,
mah west seo pany’s 1968 Annual Report
Furthermore, no proiit at all was recognized on the resale or lease of repossessed bowling
equipment inventories prior to 1968. In 1968, the Company began to reflect resales and leases
of repossessed howling equipment in consolidated net sales and revenue, but included only a
normal gross margin in operating income. The effect of this change in accounting on 1968
consolidated net earnings was $610,000, or about 3¢ per share and was also clearly disclosed
in the 1968 Annual Report to shareholders. Since 1968, the amount of repossessed bowlin
ag was declining and earnings from sales and leases of such items have been coe then
In addition, the article implies that substantial operating profits have been contributed b
retail bowling operations, repossessed and operated by the Company. In fact, to avoid takin
additional equipment back into inventory, Brunswick operated such bowling centers and coke
the first few years after takeover, suffered significant operating losses and negative cash :
— While the retail bowling center operations are now profitable, this was accomplished
—— ae a and effort by management coupled with the general turnaround in
_ The article also states that several of these repossessed bowling centers have been resold at {
‘ very substantial profits. The Company has resold six retail bowling centers since 1965, of
|
ye!
’
which four were sold in 1971. “Te net effect on 1971 consolidated n
et earnings of
center sales was about $200,000. gs of the four
(over)
O8d 349443
8rsly
pA ‘ect’ Vance Cornish”
Bill Francis in
yo oll?
Coetificd Vo. 194509 | |
Neturn Feeccint KReemested |
Harch 19, 1973
Mir. Vineent Corbelio
A2 Iain Str2ct
“a4 sta: ** re @ ¥
Lodi, owe vworscy
Referoene2: Lease dated Juno 25, 1979 ky an? between ; i *!
Mr. Soxrkello and Drunsnick Corperation | me
regarding edi Lunes -°* i.
Dear ix. Sorb2llo: . : -
Whis is te confirm tue toleshone nvcaficction to you by
liv. Wildicm Penneia of te Dnamevieh C xporcticn, tha
the Prunsviek Cezcoxation vil 2 conse pate tnt in 3 tod i The Internal Revenue Service claim for income taxes discussed in the article was fully
foncs 03 of May Bly 1973- . _ Te covered in the 1971 Annual Report and had been previously disclosed by a special press
' . : release last August, when the probability of a substantial claim became known.
During the course of the icase, the Eruncwiecl: Ccresration
was fore?d to mnké rernirs to the promises for your
acvount in the ameownm af $7,031.13, toe which yeu have
airondy rcesived ccpics of the bills xopresenting this
Wore
Note 3 in the 1971 Annual Report said: ‘‘The Company believes that its treatment of the items
in question was proper and ir accordance with both the Internal Revenue Code and generally
accepted accounting principles. In the opinion of legal counsel the deductions taken by the
Company were properly claimed in determining its income tax liability. The Company intends
to defend its position vigorously at all appropriate levels of appeal... Management is of the
opinion that its reserves for Federal income taxes are adequate and that any adjustments
which may ultimately be determined will not materially affect the financial position or results
of operations of the Company.’’
© eee oc ? 77. ame 3
DemAb oma bay samt shl. Yervescre,
Accordi:siv, we will reir surse ourselves by ecluctiry
a mm
8 ”~ - e tee. & - # “s+ +Te.
orki anskolinent to the
eo. *O% 60 sy WO AVL erty ESF mysog The special tone of malice in the article appears to have been prompted by annoyance at having
hate tied been denied a personal interview.
Because of the misstatements, distortions, and innuendos in the article and the effect of the
allegations on the investing public, Brunswick plans to call this problem to the attention of the
Securities and Exchange Commission.
Pca oune a mipreucati.ldiva ef the evedit Cunastecnt wlil
=
a . . - - _*
= © . « - : - ~~ -« - » oe . . . ee. °
CANE VOW AM wis &e.. ~ Jw 29 GAnCculs .23
4
Cinceorely.
| EST GOPY AVAILABLE
vw. We. cotoroun
eeperty fc. anictreter
6v8lV
hI Aar
m
x
=>
~-
Ce
_
+
uv
ie <]
oO
OS8LYV
m
Ped
—
—
a
—
ct
wv
foe)
~
BRUNSWiICIC =
BOWLING ESTACLISHMENT LEASE open
Bruzzck
CORPORATION
THIS LEASE, dated June 25th , 1979 by and between
VINCENT A. SORBELLO and RAPHAEL A. SORBELLO
* corporation, hereinafter called “Landlord”, and BRUNSWICK CORPORATION, o Delaware
corporation, hereinafter called “Tenant” or “Brunswick”;
WITRESSETH:
Section 1. PREMISES. Londlord hereby leases to Tenant and Tenant hereby hires from Landlord the following:
(oe) The land and porking area located at and commonly known os 58-60 Terhune Avenue,
Lodi, New Jersey together
with the easements ond hereditaments appertaining thereto, os outlined on the plot plan attached hereto and mode a
part hereof as Exhibit A;
(b) The improvements on said land consisting principally of o building in which there has been or is being operated
© bowling business known os ___Lodi- Lanes
(herein called the “Principal Building”); and
(c) All furnishings, fixtures, equipment, signs and other non-bowling items of chattel property of every kind ond
character located in, on or about the Principal Building and the above described land and parking lot owned by Landlord
ond used or useful in connection with the operation of said bowling business, including those items listed in Exhibit B
ottoched hereto and mode o port hereof; (herein called HonzbuniioyXoupackk “Equipment” )
All of said real ond chattel property token together is sometimes hereinafter referred to os the “Premises”).
Section 2. INITIAL TERIA. The initial term of this Lease shall be _36
of Xuma July 1
months, beginning on the lst doy
. 1923
, 1979, and ending on the _31St_ day of _May
Section 3. OV/NERSHIP. Landlord worrants that it owns the Premises in fee simple and has the legal right to enter into
this Lease with Tenant. Landlord further warrants that the Premises ore free ond clear of all tenancies and encumbrances excep!
a real estate mortgage dated , 19__, and recorded in the land records of
County, --— , Mortgoge Book No. Poge
worronts that the said mortgage is not now in default.
, ond Landlord furth=
Section 4. RENTAL. Tenant sholl pay to Landlord rental at the rate of $5,616.66 per month in odvonce on the
first doy of eoch month during the term of this Lease. All payments cre to be made by Tenont to landlord at
42 Main Street, Lodi, New Jersey . or ot such other ploce os Landlord may from time to time
designate in writing. At the option of Tenant, mortgoge payments payable by Londiord pursuant to the terms of any mortgage
on the Premises, moy be made by the Tenont and the amounts so paid may then be deducted from rental payments due under
this Lease. Londlord will exert its best efforts to oblain from the mortgagee of said mortgage on agreement which will permit Tenant
to make said mortgage poyments with or without there being any delinquency on the mortgage.
1600.20 & 3-67 1 of 4 —
18d F'9b4X3
LS8LV
int
_ ' Ridin * = Ogee one
(1) Tehort sion Have ine ope PBF exercised by giving Landlord written eat least 22 doys prior to the expiration
‘of the term, to extend the initial term c. shis Lease for an additional term of MYT. ean Tear the expira-
year
(2) In addition to the option contained in (1) above, Tenant also shall hove the option, to be exercised by giving Landlord
written notice at least 60 days prior to the expiration of the initial term or any extension thereof, to extend the term of the
Lease for an additional term of five years, commencing upon the expiration of the initiol term and ony extension thereof, at the
some rental rate os provided herein for the initial term. - ;
(3) In addition to the options contained in (1) and (2) above, Tenant also shall have the option, to be exercised by giving |
Landiord written notice at least 60 days prior to the expiration of the initial term or any extension thereof, to extend the term
of the Lease for an additional term of five years, commencing upon the expiration of the initial term and any extension thereof, at
the same rental rate os provided herein for the initial term. (See Addendum i
KR XIAMEN GELS SPT IAEA ETI ASDADMEK T MONICA NOH NEO PFO Hoc Bosere cee! Dyers
LeardionriconithanotothcecransteenmOrdeye ‘other benbeMes DRUNK CANE DAL INEM Ot NOK MOYO MOON DLOCE NE wEHi Dri vile ct <taicos
NEMS N TOC MIN MOTOROLA OK AILEY MOEN HERG HSA GOSS HEX MOE ODA DEK DON OM OE HE LOOM ROR OMA UIETLOE XLS
304 RNS WK 2G K PGES MAIZEL A HBT HOGA Weval
Section 6. CARE AND MAINTENANCE OF PREMISES. Tenant shall moke all repairs to the interior non-structural portions of
the Premises, including plote gloss, which ore necessary to keep the Premises in good order and repair except for ordinary wear
and tear and except for any repairs cr replacements made necessary os a result of damage caused by any of the perils covered
by the standard fire, extended coverage, vandalism and malicious mischief policies of insurance required to be carried Lyine
& however, in no event shall Tenant be required to im: rove the condition of the Premises over that existing on the date of
this Lease. Landlord shall xmbibthecmstxmxpaxtios stro xbrportck whe pEcessirx HaUKsh c1! promptly make all other
repairs and replacements necessary to maintain the building in compliance with all lows and governmental regulations and to protect
and maintain the Premises, including, but not limited to exterior walls, roofs, watkcaaicewayssxece
SOIC AUK HKAOKK RACE NYRI MAC XH OCHO NK BONGO EROS Ne CLINI DS WM BNO EK Bad in good order and repair.
Tenant may, but need not, make emergency repairs and replacements which are Landlord's obligation. Landlord shall immediately
reimburse Tenant for the cost of such repairs ond replacements or Tenant may deduct the cost from the rent payoble under this
Lease. Londlord worrants that on the dote of this Lease the building ond its mechanical equipment are in good condition and that
Londlord knows of no substantial defect therein. Tenant shall have the right to make such interior and exterior alterations os Tenant
may determine to be an enhancement of the premises. (See Addendum) .
Section 7. TRADE FIXTURES. Tenant shall have the right to remove its trade fixtures and improvements, Wwel¥diaGXluT nse
sibeitochena showlingonitrsycftocosdrancbozds} xpinmatiorsx drocatingcaequdpmncnixrentrorcomc onc: dstaxorpuloranant xbititont xen olprrcarcnod
MSHEK MHS NEX Following the termination of the initial term ond ony extension thereof, Tenant shall be permitted to retain possession
of the Premises for such period of time, not to exceed 30 days, as may reasonably be required to remove its said property from
the Premises. “ah. .
Section 8. LANDLORD’S ACCESS TO PREMISES. Landlord shall have the right to enter upon the Premises at all reasonable
hours for the purpose of inspecting the same, or for the purpose of making repairs or alterations to the Premises or any adjacent
properties or for any other purpose or purposes contemplated under this Leose. In exercising such rights the Landlord shall not
unreasonably interfere with Tenant's business.
the existin
Section 9. UTILITIES. Landlord agrees to furnish Ft Rep KOE Hy SOUKREKA Ten DERG HSU MAC MRA OK IMME heating, oir
conditioning, cooling and ventilation systems whichcwcillxeftentlycrordwrats Nizarmereinces touothdby< rock ventleadorOoee nechesok
Sic searit seiesas OSC SBT Marois LOK RHOXCONIOIXOEX TENOR INTO MOU Mato yee XO Ne UK PISPOENLEVE TES Tawi re
equipnient.iondiord agrees to provide for Tenent at the Premises an adequate supply of woter, electricity ond gas and on ode-
quote sewerage sysiew cid Tenant shall poy promptly all charg2s for the use of such facilities. (See dendum
Section 6)
ontew cash
Section 10. INSURANCE. Tenont shall carry and pay for standard fire and extended coverage ondyvandalism ond malicious
mischief insurance, which names Landlord os an edditional insured, in an amount equal to the aan value of the bowling
olley floors (or beds), pinsetters, and other bowling moxtcbiliteazt equipment and other chottels éwned or installed by Tenan
Tenont will furnish evidence of such insurance to Landlord. qe which landlord states to se
1
Tenont shall corry ond pay for Comprehensive Public 285,969: which names Landlord as an additional insured,
on the Premises (and elevator insurance if there ore elevators on the Premises) during the Tenont’s occupancy thereof, with Bodily
Injury limits of $100,000. per person, $300,000. per accident and a Property Damage limit of $50,000. per occurrence. Tenant
will furnish evidence of such insurance to Landlord.
Tenanf renga shall corry and pay for standard fire, extended coverage, and vandolism and malicious mischief insurance, which
name Rss on additional insured and which provides for waiver of subrogation rights ogainst Tenant, covering ond in an
amount equal to thefixet sesh xaluer the Premises, improvements ond appurtenances. Landlord will furnish to Tenant evidence of
such insurance. Fondlord states that the actual cash value is $350,000.
1600.20 & 3-67 2 of
L8d 2#944%3
2S8LlV
During t' = time that Brunswick ‘orporction is the Tenant of this Lease, it mmy satisfy each requiremens ©. i cuunet
‘ hercur.der (other than public liabilit, | .vrance) by providing insurance containing provision for a deductible clause in the
ompunt of up ta $25,000.00, and by including the Premises in any appropriate blanxet policy which it may carry, which blenke!
— necd not name Landlord as an additional insured, and with respect to the Brunswick bowling equipment, it may ac! as a
-insurer. bs
All insurance policies or contracts provided for above shall contain a requirement that there be ten days’ written notico
to each insured prior to the cancellation of insurance with respect to that insured.
At least fiftcen days prior to the expirotion of any insurance which has been provided pursuant to the requirements ef °
this section, the party responsible for carrying the insurance will provide to the other party evidence of renewal of such
insurunce or the replocement thereof.
Section 11. DAMAGE OR DESTRUCTION. If the Premises are destroyed or damaged by fire or the elements or other
casualty and the damage or destruction is such that it cannot be repaired by Landlord within sixty days, or if it is such as to
exceed 50% of the value of the Premises, Tenant may cancel this Lease by written notice mailed to Landlord thirty or more days
before the effective date of cancellation and ot anytime within sixty days after the damage or destruction. If the Premises ore
totally destroyed, Tenant may cancel this Lease by written notice mailed to Landlord within thirty days of the destruction. If this
Lease is not cancelled os provided, Landlord at its expense shall with diligence repair, rebuild or restore the improvements and
oppurtenances os nearly as possible to the conditions existing just prior to the destruction or damage. Tenant's rental during the
period from the date of fire or other casualty to the date of complete restoration sha!l be abated either in whole or pro rata in
part, according to the percentcge of interference with the conduct of Tenant's business in the Premises.
Section 12. EMINENT DOMAIN. Landlord shall immediately notify Tenant os to any notice or knowledge of any proposed
condemnation or eminent domain activity which may affect the Premises.
If Tenont, upon receipt of such notice or other notice that there shall be token or condemned by ony compctent authority:
(a) the whole of the Premises, or
(b) less than the whole of the Premises but the remaining portions of the Premises are not sufficient in Tenant's judgment
for the conduct of its normal business operation and Tenant so notifies Landlord within one month after such notice,
then, and in either such event, Tenant may cancel and terminate this Lease as of the time when such taking or condemnation will
affect Tenant's business ond the parties shall be relieved and discharged of all further liability accruing after the date of such ter-
mination except thot the rental accruing during the month of such termination shall be apportioned pro rata on a daily basis. Each
party shall keep its own award and in the event only one award is given, it shall be apportioned between the porties as their respec-
tive interests shall appear.
If there shall be token or condenined by any competent authority less than the whole of the Premises, and Tenant does not
elect to terminate this Lease, then the rental payable under this Lease following such condemnation shall be abated pro rato in
port in the same percentage as the value of the portion condemned bears to the value of the entire Premises.
Section 13. DEFAULT. If Tenant shall neglect or foil to make any payments of rent or other payments to be made by it
hereunder, ond such failure shall continue fifteen days ofter written notice thereof, or if Tenant shall neglect or foil to perform
or observe any of the other covenants ond agreements in this Lease contcined and on its part to be performed or observed,
subject to Section 20 hereof, then Landlord shall have the right to enter upon the Premises or ony part thereof ond repossess
the some as of its former estate and expel Tenant without being deemed guilty of any monner of trespass and without prejudice
to any remedies which might otherwise be available and upon entry as oforesaid, Landlord shall have the option to terminate
= Lease and Landlord shal! hove the right to pursue such rights and remedies os may be allowed ot low or in equity cgainst
enont. :
If, after the commencement of the term of this Lease, Tenant shall be adjudicated a bonkrupt or if Tenant shall moke cn
assignment of all or substantially all of its-ossets for the benefit of credite:s or if Tenant shall file in any court, pursuont to
ony stotute, either of the United States or of any state having jurisdiction, o petition in bonkruptcy or insolvency or for
reorganization or arrangement, or if any such petition shall be filed against Tenant ond such proceeding shall not be dismissed
within 60 doys offer such filing, Landlord moy cancel and terminate this Lease.
If, ofter the commencement of the term of this Lease, Landlord shall be adjudicated o bankrupt or if Londlord shall make
on essignment of all or substantially all of its assets for the benefit of ercditors or if Landlord shall file in any court, pursuant
to ony statute, either of the United Stotes or of any state having jurisdiction, o petition in bankruptcy or insolvency or for
reorganization or orrangement, or if any such petition shall be filed ogainst Londlord and such proceeding shal] noi be dismi:sed
within 60 days after such filing, or if there shall be filed a mortgage foreclosure or ather lien foreclosure proceeding involving the
Premises which adversely offects Tenant's business, and which is not dismissed within 45 days after such filing, or, the some having
been filed, the Landlord permits o scle to take place thereunder, Tenant moy cancel and terminate this Lease.
If Tenant sholl have failed to perform an obligation required to be performed hereunder, then, Londlord moy, subject
to the provisions of Section 20 hereof, perform said obligation and any costs ond expenses incurred by Landlord by reason thereof
shall be paid to Landlord by Tenant and Landlord may consider same as additional rental. ,
If Londiord shall have failed to perform any obligation required to be performed hereunder then, Tenon? moy either
cancel ond terminate this Lease, subject to the provisions of Section 20 hereof, or Tenant may, but shall not be requircd, to per-
form said obligation ond Tenant may deduct any costs and expenses incurred by Tenant from any rent or other sums required to
be paid by Tenant. ; ;
1600.20 &8 3-47 Jef &
L8d 2'944X3
eSslyv
| ; er
Section 14: WAIVER. One or more waivers of any covenant or condition by either party shall not be construcs us a woiver 7
* ef a subsequent breach of the sgme -avenant or condition, and o consent or opr -val to or of any act requiring consent or |
‘approval shall not be deemed to Wo. or render unnecessary such consent or oppr. _—to or of any subsequent simfiar act.
Section 15. NOTICES. Mailing of a written notice or demand by registered or certified mail in a sealed, postpaid envelope
addressed to Tenant in care of Manager, Property Administration Department, Bowling Operations ot 69 West Washington Strect,
Chicago, Illinois, 60602, and to Landlord at :
shall be sufficient notice or demand as of the time of mailing in any case arising under this Agreement.
Séction 16. INTERPRETATION. Nothing contained herein shall be deemed or construed by the parties hereto, nor by ony
third parties, os creating the relationship of principal and agent, or of partnership or joint venture between the perties hereto,
it being understood and agreed that neither any provision contained herein, nor any act of the parties hereto, shall be deemed to
crecte any relationship between the parties other than tho relationship of Landlord and Tenant.
Section 17. QUIET ENJOYMENT AND USE OF PRESAISES. Tenant upon payment of said rent and performing all the
other covenants and conditions aforesaid on Tenant's port to be observed and performed shall and may peaceably and
quietly have, hold and enjoy the Premises for the term aforesaid ond may occupy the same for all lawful purposes and uses
free from any disturbance by the Landlord or any other party. Landlord warrants thot the existing uses of the Premises ore not
prohibited by law or by ony agreement, and that Tenant shall be free to operate a bowling establishment, to sell bowling |
supplies and other recreationc! goods and to opercte a food and alcoholic beverage dispensing business in the Premises. In the |
event that after the commencement of the term of this lease, the laws or governmental regulations affecting the Premises or the
business conducted therein are changed so that the said existing uses are no longer permitted, then Tenont may concel and ter-
minate this Lease. Tenant may, but need not, use the trade nome by which the bowling establishment in the Premises is now known.
Lendlord warrants the continued availability of the existing means of ingress and egress.
Section 18. ENTIRE CONTRACT. This Lease embodies the entire contract of the parties hereto and shall not be altered,
changed or modified in any respect, except in writing by a duly authorized officer or ottorney-in-foct of Tenant in Chicago and by
Landlord.
Section 19. ASSIGNMENT. Tenant mey assign this Lease or may sublet the Premises or any portion thereof ond shall give
Landlord written notice thereof. Notwithstanding any such assignment, notice of any alleged default by any such assignee shall
be given by Landlord to the original Tenant herein in the same manner os provided with respect to the default of Tenant under
Sections 13 ond 20 of this Lease, and the original Tenant herein shall have the same rights to cure such alleged default as if no
assignment had taken place. : |
Upon ony assignment or subletting the Tenant named herein shall remain liable for the payment of the rent ond tho
performance of other terms and conditions herein contained on the port of the Tenant to be performed, provided, however, thet |
if the Tenant sells its bowling equipment ond trade fixtures and Tenant's business in the Premises to o bona fide purchaser, either |
for cash or upon Tenant's standard credit terms, Tenant may assign this Lease to such purchaser ond, upon the execution of a written
assumption of this Lease by the purchaser for a period of not less than ten years, and the delivery thereof to the Landlord, the |
nomed Tenant herein shall be released from all liability of every kind and character under the terms of this Lease accruing |
subsequent to the date of the delivery of such instrument of assumption to the Landlord. In connection with any such assignment,
Landlord ogrees to sign such additional documents as Brunswick may reasonably require to provide additional security as against
such assignee.
Section 20. NOTICE OF BREACII. Any provision herein to the contrary notwithstanding, no breach under this Lease (other
then the failure to pay rent) sholl be enforced against the Tenont unless the Tenant shall fail to remedy the breach within thirty
doys after written notice from the Landlord specifying the breach, or, if the breach for ony defoult other than non-payment of
rent cannot be remedied within thirty days, then within a reasonoble time thereafter provided Tenant commences to remedy
such breach within said thirty dey period and prosecutes it to completion with diligence.
No breech under this Lease shall be enforced against the Landlord unless the Landlord shall
fail to remedy the breach within thirty days after written notice from the Tenant. specifying the breech, or if the breach connot be
remedied within thirty days, then within o reasonable time thereafter, provided Landlord commences to remedy such breach within
said thirty-dey period and prosecutes it to completion with diligence.
: m
Section 21. P#AEMORANDUM OF LEASE. The porties hereto, concurrently with the execution of this Lease, hove executed a short -
form of lease suitable for recording which may be recorded by either porty. —- m
1 + ©
Section 22. SECTION HEADINGS. The section headings used herein ore for convenience and reference only. ‘ 2s
1600.20 & 3-67 4 of 6
| BEST copy avauawe
Section 23. SUCCESSION. All covenants and agreements herein contained shall be binding upon and shail inure to the
. benefit of successors in interest on signs of the portics hereto.
Section 24. TAXES. Landlord agrees to pay when due real estote taxes, which may be levied against the Premises, and to
pay personal property taxes on all personal property on the Premises which is owned by Landlord. Landlord will provide to Tenant
evidence of such payment within 30 days after making same.
Section 25. NON-SUDONDINATION, This Lease shall not be subordinate to any mortgage or other lien hereafter to bo
executed or perfected with respect to the Premises.
Section 26. LANDLORD TO ASSIST WITH LICENSES. Landlord will assist Tenant in every way reasonably possible to enable
Tenant to obtein or procure by transfer or otherwise, the licenses necessary to operate the bowling establishment, billiard room,
bor ond restauront and other businesses altencdant to Tenant's normal operations in the Premises. In the event thot, through no
fault of Tenant, (a) Tenant is unable to obtain any such license, or (b) having obtained the same it is revoked, then Tencnt may
cancel ond terminate this Lease. To the extent that Tenant obtains the benefit of a license fee pre-poid by Landlord, Tenant will
make poyment to Landlord therefor on a pro rata basis.
Section 27. CANCELLATION. During the time that Brunswick Corporation is the Tenant of this Lease, it shall have the right ot
any time to cancel and terminate this Lease upon the payment to Landlord of 50% of the remaining unpoid rentals due during ony
t tensi hich Brunswick Corporotion is then obligated as Tenant hereunder.
Sect fon 3B SERVICE AGREEMENT (See Pddendum
Section 29. EXISTING OBLIGATIONS OF LANDLORD TO TENANT (See Addendum
This Lease consisfs printed pages (including this page and pag containing acknowledgements)
at naa inclusive, which ore attached hereto os
together with Exhibit A and 8, and additional paragraphs numbered 14,
edditional pages 7. through 13_
IN WITNESS WHEREOF, the parties hereto hove set their hands and seals wr ie above written.
ATTEST:
VINCENT A. SORBELLO, Landlor
er v4 . .
RAPHAEL A. SORBELLO, Landlord
ATTEST: BRUNSWICK CORPORATION
FC nen A : Os “
Aasistont Secretory fs.) WV
ACKNOWLEDGIMENT BY INDIVIDUAL LANDLORD
Stote of __New Jersey
County of Bergen ,
On this 23th¢ay of _ June _ 1979 __, before me
in ond for the Stote of _New Jersey Qounty of Bergen personally appeored VINCENT A. SORSELLO
to me known to be the identicol individual/s described in and who executad the within instrument, to whom I first moda known the
contents thereof ond acknowledged thot he/she/they signed, sealed ond delivered the some as his/her/their free and voluntary act
ond deed for the uses ond purposes therein mentioned.
IN WITNESS WHEREOF, | hove hereunto set my hand and offixed my official seal the day and yeor of this certificate
above written. /
, @ Notary Public
Notary Public
My Commiuion Expires January 19, 1976
1600.20 ® 3-67 5 of é
L8d 39143
SS8LV
ACKNOVLEDGEMENT BY PARTNERS? LANDLOL.2
Stato of : County of — ,
On this __. day of 19. ~ before me a Notary Public
in ond for the State of County of + personally appeared
known to me to be (one of) the partners in tho partnership of — ond the parinors,
of one of the pariners, who subscribed sald partnership name to the within instrument, and acknowledged to me that ho/they
executed the same in said portnorship namo.
IN WITNESS WHEREOF, | hove hereunto set my hand ond offixed my officio! seal the doy and yeor of this cortificote
above writton. :
Notory Public
My Commission Expires _—
ACKNOWLEDGEMENT BY CORPORATION LANDLORD
State of County of _—*
On this ____ day of 19____, before me aN , @ Notary Public
in and for the Stote of County of personally appeared
to me personally known to be the identical person who signed the ottoched instrument ond known to me to be the
of the corporation which oxecuted the same, who basing by me duly sworn, did say that he is
of _, that he knows the seal of said corporation,
that the seal affixed to said instrumont is the seol of said corporation and thot the said instrument was signed, sealed ond
delivered in behalf of said corporation by authority of its Board of Directors, and said
acknowledged the execution of said instrument to bo his free, true ond lawful oct and deed and the free, true and lawful act and
deed of said corporation by him in his said copacity and by it voluntarily executed for the uses, purposes and consideration
thero!n mentioned.
IN WITNESS WHEREOF, | have hereunto set my hand ond affixed my official seal the doy and year of this certificote
first above written. °
ACKNOWLEDGEMENT BY TENANT °
State of Illinois
County of Cook } ad
| wa
Gg = “
| HEREBY CERTIFY that on this 267 — doy of , 19Z¢, before me, the subscriber, o Notary
ez a
7
a )
Public of the State of Illinois, in and for the County of Cook oforesaid, personally appeared 7) - A cs he ,
Vice President of BRUNSWICK CORPORATION, Tenant herein, and acknowledged the foregoing Lease to be the free and voluntory
act of said corporation. ,
WITNESS my hond ond Notorial Seal.
of - 27-74%
My Commision Expi
a C634 -* eer
Notery Public
1600.20 & 3.47 6 of 6
L8d Fb9b4X3
9S8LV
ADDENDUM TO
BOWLING ESTABLISHMENT LEASE
| THIS ADDENDUM is to a certain Bowling Establishment
Lease dated June , 1970, by and between VINCENT A. SORBELLO
and RAPHAEL A. SORBELLO, hereinafter called “Landlord” and
BRUNSWICK CORPORATION, hereinafter called "Tenant". Said
Lease is hereby amended as follows:
Section 1. PREMISES. (Continued)
The Premises also include the parking lot leased by
the Landlord adjacent and on the east of the principal building.
Section 1 is further amended by excluding from the Premises the
area devoted to the operation cf the cocktail lounge and the
equipment and personal property devoted to such cocktail lounge
business, the exclusive control of which is reserved to the
Landlord. In addition, Landlord further reserves (a) the right
to use portions of the bowling center concourse and other areas
; <
of principal building for the service of alcoholic beverages and
other purposes necessary for the operation of such cocktail lounge
business in a manner similar to how it has been operated heretofore.
The said exclusion and reservation shall cease and this Lease accordingly
be amended to include the premises of the said cocktail lounge upon
the exercise by Tenant of its option %° purchase the said cocktail
lounge business.
L8d 3$914%3
LS8lV
Section 4.
If Tenant shall have purchased from the Landlord the
cocktail lounge business now held by Landlord at the premises
during the term of this Lease or any renewals thereof and the
premises defined by this Lease shall have been amended to include
the portion of the building occupied by the cocktail lounge, then
from and after the date of such purchase and the said amendment
of this Lease, the rent shall be at the rate of $91,000 per year.
Section 5. TENANT'S AND LANDLORD'S OPTIONS.
In the event that Brunswick does not give notice of its
exercise of any option to renew during the 90-day period prior to
the end of the current term, Landlord shall have the right to have its
personnel in the Premises to observe the operations of Brunswick
s0 as to become familiar therewith prior to the end of such term.
(4) In the event that Landlord shall enercise his =n
as provided in Section 5(b) (1), then Tenant shall have the right,
as provided in Section 5(b) (2), to pay Landlord for any
deficiency. |
| (b) Landlord's Option
(1) The parties recognize that the profitability of the
cocktail lounge operations on the premises is fully dependent on the
successful management of the bowling operation and that improper
L8d 3'9b4X3
BS8LV
SS
management of the bowling operation will have an adverse effect
on the profits realized by Landlord from the cocktail lounge
operations on the premises. The parties agree that proper
management of the bowling operations should result in an operating
profit (as calculated pursuant to the accounting system provided
by Tenant) in the cocktail lounge operations of $23,600 per year.
If during the twelve month period following the signing of this
Lease or during any succeeding twelve-month period, the said
profits from the cocktail lounge are less than $23,600, the amount
which the parties agree would result from the proper management of
the bowling operation, then Landlord at his option may cancel this
Lease by written notice within 60 days from the expiration of the twelve-
month period yielding deficient operating profits. Said notice shall
state the amount of the deficiency in said profits during the twelve-
month period.
(2) In the event the Landlord shall exercise his option
under Section 5(b) (1), then Tenant at its. option shall have the
right to pay Landlord an amount equal to the deficiency within 30
days from the date of the notice of cancellation. If the Tenant
exercises this option, then the notice of cancellation shall be
ineffective and the terms of this Lease shall continue to apply.
L8d 3'9b4X3
6S8LV
Section 6. CARE AND MAINTENANCE OF PREMISES. nuiienet
As a condition of Tenant becoming obligated on this
Lease, Landlord agrees to make the following repairs to the
Premises promptly after the commencement of the term hereof:
Air Conditioning System #1
1. Points in the electrical contactors are badly
pitted and should be replaced.
2. Blower wheels need thorough cleaning.
3. Blower coupler needs replacement.
4. Condensate pan needs aeecates and painting.
Air Conditioning System #2
1. Points in the electrical contactors are badly
pitted and should be replaced.
2. Blower wheels need thorough cleaning.
3. Blower coupler needs replacement.
4. Condensate pan needs cleaning and painting.
5. Blower chamber serving both systems needs a
thorough cleaning and all covers lying around
j replaced. m
=
Mens Restroom ,>
“8
1. Both hand dryers are missing and need replacement. > ta
Building Exterior
1. Majority of the downspouts are broken and missing
and need thorough repair.
2. The entire exterior of the building needs painting.
3. The majority os gutters around the building need
repair or replacement.
4. Due to lack of a downspout, a corner of the build-
ing at the rear entrance is eroded and needs
replastering.
5. Exterior of the building immediately next to the
rear entrance needs finishing exterior-wise due
to a storeroom addition. |
6. All aluminum doors to.the center need repair and
im aggeensuetety Stas instances, doors need re-
placement.
7. Roof leaks.
Tenant will obtain and provide to Landlord an estimate
as to the cost of each item, and at Landlord's option, Landlord
may direct Tenant to make the repairs at said’ cost, but all at
Landlord's expense. After the completion of said repairs, Tenant
will be responsible for the care and maintenance of the Premises
as provided in Section 6.
L8d 34444x3
L98LY
‘Section 28. SERVICE AGREEMENT.
As part of the consideration for the execution of this
Lease, the Landlord has required that Tenant execute, concurrently
herewith, a Service Agreement by which Tenant agrees to perform
certain services to Landlord which will be essential to the
successful operation of the cocktail lounge. The parties hereto
recognize the importance of such Service Agreement and also
recognize the importance of the continued operation of the said
cocktail lounge to the success of the bowling coutes business.
Landlord agrees to make their pest efforts to keep the license
for such lounge in good standing and to make no effort to
transfer the said license from the premises.
L8d 249443
298LV
Section 29. EXISTING OBLIGATIONS OF LANDLORD TO TENANT.
Nothing in this Lease shall diminish or modify the
obligations of Landlord to Brunswick Corporation under cer-
tain contracts for the purchase from Brunswick Corporation
of bowling equipment now installed in the Premises. Land-
lord agrees that in the event. that Landlord fails to make
any payment. required under said contract on the date required,
such failure shall be a default under this Lease, and in addi-
tion to any other remedies which may be available to Brunswick
Corporation arising from said default, Brunswick Corporation
may deduct any such delinquent payment and any late charges
and interest thereon from rental payments which would other-
wise be due under this Lease.
L8d 3$944%3
e9slv
Recreation
Brunswick Comes Back
With Non-Bowling Operations
THE TOP OFFICER of Brunswick
Corp, John Leonard Hanigan, says
he never makes earnings forecasts.
Naturally reticent, the 58-year-old
executive has had plenty of experi-
ence dodging questions—he spent
2€ years at Corning Glass where
management is known for its re-
straint. Hanigan was executive vp of
the Dow-Corning unit when he left
in 1963 to take over the presidency
of then-beleaguered Brunswick. At
the time Benjamin Edwerd (Ted)
Bensinger moved up to chairman (a :
post the 64-year-old Yale man still
holds) and in 1966 he gave Hanigan
the chief executive title es weil.
Forecests aside, Jack Hanigan
these days is making a determined
effort to talk about Brunswick. On a
brief trip to New York from Chicago
headquarters recently, he stressed:
“This is a different company and a
lot of people don’t realize it.” Last
year Brunswick derived most of its
profits from two non-bowling opera-
tions: 85%-owned Sherwood Medi-
cal Industries and the 1961-acquired
Mercury marine motor division. With
sales up 7% to $450,000,000,
Brunswick earnings in 1969 totaled
$14,470,000 or 78¢ a share vs 68¢.
This represents the fourth straight
recovery year for Brunswick. Peak
profits came in 1961 when the com-
pany netted $44,980,000 ($2.58).
Bowling revenues then accounted for
70% of business compared to un-
der 15% last year. When its auto-
-—-
matic pinsetter business collapsed,
profits crumbied. In 1962 earnings
fell 46% and the decline accelerated
until! 1965 when the company re-
corded a $76,700,000 deficit. That
year Brunswick wrote off most of its
inventory of repossessed pinsetters
and provided for future losses on re-
ceivabies.
Quiet-spoken Jack Hanigan, who
wears metal-framed eyeglasses, says:
“It’s a comfort these days to have
a solid balance sheet. We have really
cleaned it up. Our accounts receiv-
able are in strong hands. For the
good bowling proprietor, bowling is
a helluva good business.”
Brunswick stili sells pinsetters,
mostly for replacement, and remains
the leading maker of bowling sup
plies. Brunswick has been No lin
bowling for most of its 125-year life
and it was in large part to protect
this dominance of the equipment
field—from alleys to pins to balis—
which led it to develop its pinsetter,
following AMF’s pioneering Pinspot-
ter (IR, May 6).
Potential Contributor
Interestingly enough, one cause of
its woes has turned into a potentially
sound profits contributor. The com-
pany repossessed a number of bank-
rupt bowling centers, mostly in
1965. Under Brunswick tutelage, the
175 centers last year produced a net
profit of over $300,000 on revenues
estimated around $37,000,000. As
depreciation costs decline, the presi-
dent believes the operation wiil earn
at least $3,000,000 pretax annually
by 1973.
Brunswick has acquired its way
A1864
Exhibit P87
vr
into several other fields. In 1959 it
bought AS Aloe, a distributor of med-
ical supplies and scientific equip
ment. Brunswick subsequently pur-
chased several small medical equip-
ment manufacturers. In 1968 the
company consolidated its medical
activities, except for the Aloe distri-
bution operation, into Sherwood
Medical Industries and sold 750,000
shares to the public at 29 (Sherwood
now trades on the Amex around 41).
Sherwood Disposabies
Sherwood, which is consolidated
in Brunswick accounts, netted $6,-
450,000 in 1969 on sales of $48,-
700,000. Most of its business is in
disposable medica! products like
needies, syringes, tubes, procedure
kits. Early this year Brunswick sold
Aloe to Sherwood for $15,700,000.
Aloe has sales in the neighborhood
of $60,000,000. Sherwood is now
the No 2 hospital supplies distribu-
tor after American Hospital Supply.
Brunswick's second big profits
contributor, the Mercury division,
stands No 2 in the industry after
Outboard Marine which has both
Johnson and Evinrude. President
Hanigan notes some softness in stern
drives (inboard-outboard motors
which range up to 390 hp) and in-
béard engines but adds “we've been
able to shift that into outboard mo-
tors,”” Mercury's main business. Con-
corde fibergiess yachts have felt the
recession however. The division (once
known as Owens Yacht) brings in
about 3% of Brunswick sales but
sails in a red sea.
The consumer products division
includes MacGregor sporting goods,
investor's Reader * Page 27
— eee oe eee oe ~
ae
: Zebco fishing tackle, Australian ski
* supolies, Brunswick billiard tables.
, In totc,”” the president explains,
the division is profitable. But sport-
ng goods is simply a matter of
marketing—there’s no way to have 3
technical advantage. If you made a
club that would drive a ball 450
yards, it would be declared illegal.”
Jack Hanigan is a golfer, ‘‘a terrible
one,”’ and enjoys bone fishing.
The rest of Brunswick is com-
prised of the technical division,
which does military work, mainly air-
craft radomes (radar housing), as
well as general R&D for the company,
and the international division (12%
of sales).
Again led by Sherwood and Mer-
cury, Brunswick profits in the March
quarter improved to 18¢ a share
from 14¢. Jack Hanigan says the
company has been affected by the
Teamster walkouts in the second
quarter but only so far as suppliers
From tee...
an /™
a
7)
~
**.
. ‘
~ ez!
™eo, --.
- -
~ . .
. ‘* “2
Seok SAE Pees OS Ie SAT ae
, hot” 4 ae
» = ;'
are concerned. Brunswick has ils
own fleet of 100 trucks. Wall Street-
ers expect full-year earnings to rise
at least 15% to 90-to-95¢ a share.
Jack Hanigan has a five-year plan
which “shows steady earnings im-
provement.” However as far as the
company is presently constituted, be
does not see Brunswick returning to
its 1961 profit level in the period:
“That would mean. an after-tax re-
turn of 25% on current stockholders
equity. It’s not possible
Nor have prices of the 18,700,000
Big Board-listed “BC’’ shares come
close to the glamorous bowling peak
levels. A steep climb from 8 in 1959
to 75 in 1961 was followed by a col-
lapse to 13 the next year and 6 by
1966. BC recovered to 25 last Sum-
mer but, despite the earnings ad-
vance, the stock dropped back to a
32-month low of 9% in May and as
of last week traded around 13.
Brunswick has poured big sums
into three new products,
two of which should
start to return some div-
idends this year. It has
spent $10,000,000 on
Brunsmet, a metal fiber
for use in carpets, acous-
tical material, hospital
uniforms. The fiber neu-
tralizes electrical charges
and thus is shockfree.
Other advantages in car-
pets: “It keeps dirt from
clinging and is longer
wearing.”
Brunswick has in-
vested $5,000,000 in a
computerized bowling
" scorer. The $13,000 automatic de-
vice also “inserts handicaps, gives
a printout of the score and elimi-
nates free frames. It takes. care of
four lanes at once.” Brunswick hopes
to install 500 scorers this year, “‘if
we can make that many,” vs 50
in 1969. Most are being sold out-
right.
The third project, All-Seasons
Golf, is more of a financial gamble.
So far Brunswick has spent $5,000,-
000 on this computerized indoor
golf game. The player drives the ball
down what appears to be a fairway
but it is actually a panoramic picture
projected on ribbons of nylon. A
light beam acts as a sensing device,
computing the velocity and trajectory
of the ball. The picture changes for
the various fairway shots. If the
ball lands in the rough, the floor turns
over and simulates that condition.
There are also water holes and sand
traps. After the player gets on the
apron or green itself, he goes to the
next room to chip or putt. When fin-
ished he presses a button, the green
undulates and stops at random. Then
he returns to tee off in the first room.
The game pictures nine fairways.
Currently Brunswick is market
testing “‘the commercial feasibility
of the game. We have not made any
decision on producing it.”” Brunswick
has built nine games and operates
them on Woodhaven Boulevard in
Queens, in Chicago suburb Lombard,
Buffalo and by Fall in Tokyo. The
US test lay-outs use portions of
Brunswick-owned bowling centers; in
Queens three golf games take up the
space of seven bowling alleys. The
A1865
Exhibit P87
game is usually rented by a foursome
—$20 an hour for prime time at the
Queens outiet.
Jack Hanigan thinks Japan might
become the big market. ‘‘There is no
land there and golf is a status sym-
bol. They even have five-story driving
ranges." He adds all research ex-
penditures have been expensed so
there will be no big writeoffs if any
of the new projects flop.
President Hanigan has set up cer-
tain standards for the company’s
various operations. To this end,
Brunswick in December sold its $23,-
000,000-sales Schoo! Equipment di-
vision for $9,800,000. To Jack Hani-
gan, @ Brunswick business “must
have a technical advantage or be a
major factor in the market or both.”
investor's Reader + Page 29
;
Pd
”
4
€
-
%
¥
~
Year
1956
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
"1970
1971
1972
BRUNSWICK CORPORATION --
SUMMARY OF PINSETTER SALES (NEW) AND
REPOSSESSIONS OF PINSETTERS -- IN UNITS
iW Tite U.S.
Sales Repossessions
1,890 no record
7,041 no record
; 10,528 no record
, 12,876 | no record
15,232 no record
16,288 300
7,518 1,462
2,978 3,354
1,441 . 4,592
ok 5,996
244 | 3,658
295 1,688
112 716
118 783
173 290
: 72 116
1,048 | 50
LG 3$944%3
998LV
eeretese eeeaenees |
7 A1867
_ INTERSTATE LANES Exhibit DIA
; RAMSEY NJ as oS eeslaniienalanele
’ REGION = 2 OLSTRICT = 25
TENPIN 40
r ae - & BY PROFIT OR LOSS - STATEMENT PAGE NO, 1 DECEMBER 1972 : _ PROGRAM LP282-C2
CURRENT MONTH ACTIVITY YEAR TO DATE ACTIVITY
. - % a - > he o7 a +S =r wy td eer rene = “- - - -
ACCOUNT DESCRIPTION ACCOUNT CURRENT CURRENT LAST YEAR CURRENT CURRENT AST YEAR
; bt ng: Oe, CO — ACTUAL ACTUAL _ BUDGET | aAcTUsL
Ses 9. UES a ee SOPs PEASE De ee a
p S8t*GROSS REVENUESS## . Tie se Me PE ee Se, Ce Pe ne
TEN PIN REVENUE bias + Ee es shee Ff REE Saks. Sees 4 ytcmemuerd es <ePammemmennemias
TEN PIN AD LGE REV = 31610100 22391 3501 181186 35.5 164753 33-0 251129 31.3
_ TEN PIN AO OPEN REV 31010200 8569 1364 87752 172 63763 16.7 88141 28.2
“* BOULT SPECIAL 31016201 45 1 FZ | > 749 i 1716 3 -285 2
> @OULT TOURNAMENT 31010202 t, cy Se Pe ae ae |, 420 33
‘FEN PIN JR LGE REVEN 31010300 2362 3.6 135G¢ , 203. 2390 3.9 16973 3.3 9325 1-8 15562 3.2
TEN PIN JR OPEN REV 31616460 “3063 408 ~+* Bee Wee 4.8 23853 4.7 27225 5.4 2742 S.7
JUNIOR SPECIAL 31015401 296 5 ACG 1 327 . 3223 6 1740 3 1952 4
- JUNIOR TOURNAMENT 312010462 153 i) 75¢ 1.2 128 2 324 i 7006 1-4 262 g
--* SCHOOLS — 919010403 Somme trees OTe eg SO Fer rin cays ¢ —-- 9° ~~ 399 . = peg aay
| TOTAL TEN PIN REVENUE 36819 57.8 34283 61.9 296242 59.4% 285052 59.0 |
+o sz: ei VE Bee ne ee ee ss ie eS oe ie ee ee
TOTAL BOWLING REVENUE . 36619 57-8 34283 58.6 35170 56.8
61.9 296242 $9.4 255552 53.0
POS Ee eee — Qe TE ee, eee ee Ie ees a% oe aes ol OT SS ee
pats" Ctet Sie AL Bee eee Se ae eS SS Fe p Sees i fe. LD ae eat eels sane = . ?-;
SHOE RENTAL ms" + eee. | ETE oo ae a oe em . Aes. OTN oop A , Sie ee - aa ca : |
. SHOE RENTAL REV 32010100 . 1769 228 1625 [ ee 2.8 152068 3.0 15032 3-0 15316 32
LOCKER RENTAL REV 32¢1920¢ 69 Sg 49 1 482 .. a 4c3 1
TOTAL SHOE RENTAL 1829 209 1625 2-8 1765 2.8 15690 3-1 15492 3el 15719 3-3
peey « _ °. SS ho TI : So =" 7 “as BI oa Se A “FFT ee Sa ee re ey 5" rn Ae A [ qeeeer 2s peng: 0 22) Ore Tope neg
PRO SHOP ‘ 7 yates 7 ¢ ; : ct ie : . ‘
PRO SHOP REVENUE 32023100 4464 7-0 1656 228 3598 5.8 13626 2e7 14768 2-9 15161 Bel
‘SHIRT SALES 320293°0 15% 3 250 4 205 3 1178 2 2075 a 861 2
TROPHY SALES 32€ 2040C 3 ; 2631 5 65¢ | 1461 3
BALL PLUG € REPAIR 326206CC 63 1 48 1 609 1 168
TOTAL PRO SHOP q 4371 6.9 1906 3.3 3851 6.2 18044 3-5 17493 3-5 17651 37
7 e. aa gt: nye . Soca ” sos
- mie pe age. tc: es aetethaaon tt a3 : :
BILLIAROS : : a 7
BILLEAROS REVENUE 32C3010C 1119 1.8 1217 2-0 1541 2-5 9356 1.8 11193 22 411663 2<4
TOTAL BILLTAROS anag 1.8 1217 = 2e dd 1541 2.5 — 9356 1.8 11193 2-2 31663 2-4
‘ ¥ “>!
VENDING MACHINES %. .
3351C20C 3
ICE CREAM REVENUE 33C1C4CC 76 1 7é
SNACK VENOING MACHIN33-106C0 322 5S 116 1 2866 6 92¢ 1 224
BP OO Oe
dis
A1868
INTERSTATE LANES 10s Exhibit DIA
' RAW SEY -NJ — -
REGION = 1 DISTRICT = 25
TENPIN 4C ae ie
J aed PROFIT OR LOSS - STATEMENT PAGE NO. 2 DECEMBER 1972 PROGRAM LPC80-C2
- Paes = CURRENT MONTH ACTIVITY Fe YEAR TO DATE ACTIVITY
" ACCOUNT DESCRIPTION ACCOUNT CURRENT CURRENT LAST YEAR CURRENT CURRENT LAST YEAR
= “NO. = ACTUAL —— BUOGET ACTUAL ACTUAL BUDGET ACTUAL
BALL CLEANING MACHIN33G10960 is 12° 26 Bok ae 199 114
GAME & MISC MACHIN 33011300 528 . . Ps 528 1
g LUSTRE KING MACHINE 33011100 144 2 ics ti‘(<i‘ 3 887 2 920 1 797 2
BOWLERS AID REVENUE 3301120C 422 oi ao : oe 770 2 542 de? ’
TOTAL VENOING MACHINES 2190 1.9 282 . 82 1 $169 1.0 2493 5 1770 a
SESRUNEURARIER AGS cece Cur aur a. eS ee ae re RE PRE RS Re SERTIS
OTHER RECREATIONAL . © Fs og SSE MN ee Oy RS So CE oi ges 88g 3
| BIRTHDAY PARTY REV 33020500 25 eS eR ee Ce ee, ee ig Set Too B09
PROMOTIONAL BAXQUE © 330223600 nie Ee att Ni Nie HM i ow tt RTT REE RIE
MISCELLANEOUS ENCOME3302990¢6 119 2 150 2 594 1.0 816 2 1890 3 1966 4
~ TOTAL OTHER RECREATIONAL 144 2 150 3 594 1.0, 847 2 1879 ‘ 2139 4
a SR eS Se ee EEE OT eer emer
A ee Jeggere “ae Re 7 ae Net a SS a aR SRE RE
BAR REVENUE : n Rs Eps Se a a Laas fe : ee oe hn ee
LIQUOR REVENUE =~ ga010800 ~~ ~6007 ~~ 94-6100 19.4 «6254 «20 1 > 42219 ‘8.3 «48950 9.8 44693 902
DRAFT BEER REVENUE 34C10200 . 2708 4.2 2967 5.0 3052 4.9 22903 4e5 24643 4.9 24537 Sel
BCTILE BEER REVENUE 34510300 2539 4.0 2306 3.9 2394 3.9 21123 401 18466 3.6 19533 4.0
TOTAL BAR REVENUE: = ee Biase, ce AT? u3er ca: | ame “18.9 — 86245 aS et a ae “18.4 «= 887631864
FOOD REVENUE _——_—ae Ss . PETES SETAE EM PBA F SIS oT die 54 8 — She SPT Sate me - - sb. - 5 En Ande see _
FOOO REVENUE 34022100 6151 $.7 69ec 0s 6696 9.8 S2021 2000 $6060 22.2 54553 Dhe3
TOTAL FOOD REVENUE 6151 9.7 6580 11.9 6696 98 _—S1C2E 10.0 S80CD 1le2 54553 he
4d Brobens — ae ess :g* 4". --3 aeapan * Ae Ee “ee
TOTAL FOOD AND BEV. REVENUE | 17405 2763. 28347 BAH 17796 «=. 28.7 «137266 2669 147993 2947 «= BEERS = 2906
RENT INCOME eae. Mth SPD pea te |
RENT INCOME-BUILDI 35016600 ~ OOPS RT SR EE SB 20 ot i tr
TOTAL RENT INCOME aR Ree Oe co tt et YS SRE 20 |
* COMMISSIONS REVENUE | |
COMM. VENDING MACHIN35C20100 658 1.3 625 1.2 1129 1.8 7687 1-5 570% el 5911 1-2
"COMM, TELEPHONE 35620200 on 27 ; "= gle i 305 325 1
TOTAL COMMISSIONS REVENUE 658 Oe 1.1 1147 1.9 8003 1.6 6065 L-2 6236 1.3
" TOTAL TOTAL GROSS REVENUE 63735 17669 «$8465 CoD «=» 94H NDS SE9ESO «= NOCD AVOTIR =D = 483946 100.0
I TF SE Ne “_ PR PPR 8 OT ———— es He
A1869
INTERSTATE LANES . 1029 Exhibit ‘DIA
- RAMSEY NJ Pe NE VEE
REGION = 1 OLSTRICT = 25
TENPIN 40
— ———
— + —- —+-
ee ee
—_ —>———---
5 ~ 8 PROFET OR LOSS — STATEMENT PAGE NO. 3 DECEMBER 1972 spay PROGRAM 1280-02
CURRENT PONTH ACTIVITY YEAR TO OATE ACTEVITY
it - ba we °c Oe Sees ~ Ve ' my
ACCOUNT OESCRIPTION ACCOUNT CURRENT CuRREWT ‘. LAST YEARR CURRENT CuRREST LAST YEAR
WO. ACTUAL BUDGET acTuat _ ACTUAL 7 eu0cet ACTUAL
-* * -- -=- - —_——— : -.-+ . vw e —_ » ss ee fh: -_-_- —— ee — - ——— ~- -- -
——_—
. . o . P ?
| Se89COST OF GOODS*+ss iE SSE ee ae eee nie a ee "tay
- PRO SHOP COST : Ear. 8 Gao y 2 ie ts Sate Re eeu ree mE _
j PRO SHOP COSTS 42020100 2153 48.2 994 60.0 2496 69.3 6363 61.3 gees 60.0 eco? 60.0
S SHIRT COSTS 42020300 608 ~ 381.3 2380 8©=s- 75-2 184 89.9 ~124G 105-3 1557 oe 66.2
TROPHY COSTS 42023430 45 $812.C 74 1449 55.2 3S 66-0 21493 102-2
: TOTAL PRO SHOP COST 2806 4 3=«_ 64.1 1n82 08396 62-3 2754 110511052 61.2 108E> 61-7 12261 63-2
. WENOING COST 2 Se og RT ae | ex Tak. ied eh. fer aT re 7 se
, SNACK VENDING MACH CST4301C6CC 101 33.4 “en 38.7 55 54-6 454 68-6
BOWLERS AID COSTS 43011200 444 36404 36 65-4 199 - 777 100.9 yee 65-5 702 1
’ TOTAL VENDING COST 7 $45 45.7 (36-4 | be 34.2% _ 856 : 48-3 ,
7 _—-=; -_———_--— 2 . ee ——ees E e ee er ee a = IP PP
Lt oa = -_— Sa. 7s =. = eI REF 2 s =} ~—F-> 8 = 7 on. 7. '? — aa sn
=" ~~ - 3 oe i= Me sa =
-. > = = 2 L = °
o: (FS BSW Ne Sie Tal << a. ce te ** SS ee eae =3 +i - oy a es - —— est bed oS #5 oon are A = . 4 ae - - oe ~~
, BAR cost . See a Tee FoR toe — gt a Seid se? 4 : Ee 8 > : 4 . ie ys . 7 ry 4
: LIQUOR COSTS 44015100 * «2236020 38%220CS—«C 2) C22 3695 4301 “quite 26.4 107F= 22-6 11319 24.8
> DRAFT BEER COSTS 44010200 1163 42.9 $20 312-2 1260 42e2 5929 3=«-_ «25.8 763% #369 6156 25.¢
: BOTTLE BEER COSTS 44010300 1244 . 48.9 625 35-0 1014 42.3 604C 28.5 6442 35-C $828 29.8
: TOTAL BAR COST =fs i! 6688” 6802 3067 26.9 4969 4204 23147 = 2608. 2485R 27-0 23103 26.0
-® aa =. cas’ ee ee de ee tat aft a8 r a >. hs tee =. age ~ ap 3 , a oe “tz ote! . : ; 0 fo
te Soe Se MI ie ce i eA ee A ea ne ea oeewigpee* oaks
: PF SO 85 8 PUES Saet. Fee > ect a ame | eee Sete 8 pene Be A ee ge BS Oe et ee Ee z 3Sis eee. %
; : RET Le RTS ee a Se ee. xoch oe ate ES 2 De Se sf “_ sd
: FOoO0D cost 2¢ . oe et ee ee et ee DS * 2 . ee a er ee ee er Ne aed ee ae ne we SS OCT NS 2 te ee eee ee eS Si ocean ee Se ee
> FOOD COSTS 44020106 3851 = 626 2443 935-0 3347 54.8 192938 37-3 196CR 3500 19339 3560
: TOTAL FOOD COST) 3851 6266 = 2443 3502 $947 $609 29088 «373° 1960E Sek _19139 350k
LETTE AGE eae Lee a ee Ba a ee Ea ARIAL, Ta
TOTAL FOOD AND BEV. COST «ss i << 4H “1406 > | ee “e316 14.3, 421s, (866 = 4444S He 42242 9-3
: YOTAL TOTAL COST OF GOODS -§=—S=§=s A847 == SoS) 0 TBO 3326 9269 S248 _ —s 55223. 403 = ORZE 3304 54259 3303
*@sFIXED & CNTRL EXP.**
- RENT EXPENSE .
RENT BUILDING 66C1G1C60 5195 €.2 “853 8.3 4850 7.6 52848 10.4 50468 10-1 $0457 Ce
pe 66010200 1506- 3 =
ENT-BAR CORPS 66010400
TOTAL RENT EXPENSE 5195 8.2 “853 8.3 4850 %7.8 51348 13.1 5646E Bde 50547 10-5
(08 ican
a ee ES DAR ee ra ae
DEPRECIATION EXPENSE
; A1870
INTERSTATE LANES 1020 pi 2 ine ————_$——— — wie
RAMSEY NJ EE gs) 7 ;
» REGION = 1 DISTRICT = 2
' YENPIN 40 7
Be $s : | . | f
i pe plage! PROFIT OR LOSS - STATEMENT PAGE NO. & OECEMBER 1972 aa “ . PROGRAM LPO80-C2
» .
; 2 us eS S85 iliac so CURRENT MONTH ACTIVITY . . ___- YEAR TO DATE ACTIVITY eres
»- ACCOUNT DESCRIPTION ACCOUNT CURRENT CURRENT LAST YEAR CURRENT | : CURRENT LAST YEAR
ee NO. ACTUAL _ BUDGET __- ACTUAL actuan/ «ss BUNGET ACTUAL
P
.~ DEPR-LEASEHOLO IMPRO66030100 370 6 330 a 350 6 2243 4 2244 4 2380 5
) DEPR-AUTO PINSETTERS66039300 965 1-5 975 1-6 1332 2-2 6562 1.3 6630 1-3 2509 5
| DEPR-BOWL EQUIPMENT 66030500 320 5 321 5 312 5 2176 4 2184 4 2344 5
S DEPR-CARPETS 6603060C +4340 2 ~ 141 ae 1860 . 952 2 954 i 1224 3
, + DEPR-DRAPES 66030700 4 1005 2 65
_ DEPR-SIGNS 66¢ 36 800 1s 10 102 68
DEPR-OFFICE EQUIPMEN66030900 ##§ 100 S Se [3 Fe : Oe | eee 1 656 714 i
DEPR-MISC. EQUIPMENT66031000 195 3 i146 2 216 3 _ 1326 5 1623 2 1145 2
DEPR VENDING 660312C0 30 =a. oe ens 1 . 312 y 238 306 i
- DEPR REB EQUIP 66033000 25 ee at qs cilia Wee a “155
: Tors DEPRECIATION EXPENSE 2160 3-4 2675 35 2597 4.2 19528 3-0 14149 2-8 10910 2-3
a a RRO ak SSRN. BEE ; — TSR eo Ps ro ei ii Be, Se
LICENSES & TAX EXPENSE gt RN RP MIE re SC nae AEE LE Ge ig A ATEN BN RAE ETE ee aoe
LISCENSES BOWLING | 66040100 60 ROO ch get BE es Tee? a soso 8s O88 2
LICENSES-REST.AND 846604°2CC 65 a, a ee a ee ne i ~ 624 1 670 i
' - LECENSES-BILLIARDS 66640300 hs ; 30 x»
; STATE FRANCHISE TA 66042000 * 30
, * PROP. TAK-PERSONAL 66042100 . 16% 9 FS MG cas. ee Oe, 8 “ware BOG4 © oe 6 Sn oe | | een Bees |) | 4
Foran Cicenses © AN ENPENSE =” M4e0 B06 Ooh 88. 8 BO sti Gok Tener Fee Tt
ieee Ute ea fi NIMEER yget ORE ES S CORO Fae Cede a
’ INSURANCE |
: "BERE INSURANCE eeoscice §=——s«a 50 “Ses “RES > 80 1 1660 3 1600 3 eee 2
: TOTAL INSURANCE a eT Te A905 8 ia Pag ee ct a ne et ‘$--- 2
. ~ite —_ oa SP ee per 3 es Ape fala * 3 n 33 : 2 td fe eos "ees pat SELL ee a : :
; TOTAL FIXED EXPENSE 770) Lie? 7448 12-7 7659 12.4 71771 14-1 70055 14.0 65685 13.6
: PAYROLL EXPENSE = ey > i ee pi li ee > a eS vii ee’ Se ae me ee meagre ee ow LW A Se te ee: ale ag eae 8
' PAYROLL~ADMIN. 67010101 2453 5.2 2375 5-9 2166 4.9 22025 5-9 247C0 7.0 22889 6-7
| PAYROLL-OPERATIONAL 67010102 1944 4e1 1981 4-9 1983 4 26 40% 19765 5-3 17537 5.0 16207 4.7
PAYROLL-MAINTENANCE 67010103 1019 2-1 1490 304 1347 320 15558 4.1 14560 41 11231 3-3
PAYROLL -PORTERS 67Cicic4s 2391 Sel 920 202 1392 361 19065 5-1 8736 24 10249 3-0
; PAYROLL-PINCHASERS 67010105 1435 3.C 1150 2-8 1017 23 11152 2-9 11960 304 14220 4el
: TOTAL PAYROLL ADJ H/0 ON 628 0a? | eo ts
- TOTAL | 10070 21-7 78626 19.5 7905 17.9 88413 23.7 77493 22-06 74796 21-9
PAYROLL BARTENDER 67c 12201 1483 13.1 1250 10.9 1329 11.3 12348 1423 1161¢ 11.9 11247 12-6
— ae 7 A1871
- ENTERSTATE CANES oe ii acatas lant nae
RAMSEY as , Exhibit DIA
| | REGION = 2 DISTRICT = 25 EET ee
_TENPIN 40 ey |
2 | R = * * PROFLT OR LOSS - STATEMENT PAGE NO. S OECENMBER 1972 , «PROGRAM «LPCRO-02.
a a ee GURRENT MONTH ACTIVITY we? WEAR TO OATE ACTIVITY Wed Ped
ACCOUNT DESCRIPTION ACCOUNT CURRENT CURRENT LAST YEAR CURRENT oo CURRENT LAST YEAR
; % NO. — ACTUAL BUDGET ACTUAL actual ssi ACTUAL
PAYROLL WAITRESS 67010202 $20 4.5 387 3-3 3059 305 3992 403 2565 2.8
TOTAL pedis ager: = 8988 1770 15.5 1716 14.6 15407 1768 = 15002 16.3 13612 15.5
oT % aw iv AR i ae : Phiek) 2 5 » pe Stow 7 amas wc = re ‘3 5S in iied ake Bs a ea de Ps es ik LE Satons is miechigt eae we gid edie. an a vene §
PAYROLL COOKS 67010362. 544 7.7 262 406 « 2152 402 $295 9.4 2305 402
PAYROLL WAITRESS 67010303 1164 18.9 1125 1661 1548 25.3 9161 17.9 10205 16.2 12324 8 §=—«._- 22-5
: TOTAL eee ee = 18.9 1669 2329 _ 1830 _ 3000 E1312 2201 aca 2746 14629 g 26.8
* “ex Giawere fe " Sig AS, eaete oo ees, SS - es. gap Jes ak - E nee ee ae oy” ge ee ee Sus os “
. Jig VISE Be “hag B sagt af Rage a oe eh 3 “Rew * =e a 2 “9: “it, a2 ty Sa _ pee Tae , east re wre Rae ioe EAs eae Re. Y £u
. TOTAL PAYROLL EXPENSE =~ = 29282 20.7 ~ 18265 1903 “41451 16.5 115132 2266 += 107998 217 «103237 = 21
' ds P ss . , ’ : , te: Bale dae Ba @rtu.o%
- PAYROLL TAX EXPENSE A ET ITT FPS RL ee ct Rieti a TL ee. ee Sen ee
: PAYROLL TAX-SOWLING . 6702¢100° s7 @ 2-7! FOO Bet: 7 SO 8 6. Bees “det 6970 Bed 5762 |
PAYROLL TAX-84R 67020200 161 9 5190 8 | a OO 8 eee. 8 8 ?
! PAYROLL TAX-RESTAURANT67023300 Tass 1s0° 2> 108” 2 969 2° "139 2 1007 2
- TOTAL PAYROLL TAX EXPENSE ry) 1.3 1613 1.7 733 Le2 EEA 8 , 88 t9 7ese 1.6
© oun oom, 4> me Pes e-- i, ae om - + . me aT. Gt a at z “ = P >: , gee!
EMPLOVEE BENEFITS ExP | See are Bete Bet at-F
A 67030100 a “* ae eh nee S 2 “ < 4 ss z
:- UNION PENSION/WELFARG67G3C200° °©«612 °° 9 265 8
- €MPLOVYEE MEALS 6763250¢ 109 2 i
_ OTHER BENEFITS 67039900 95 as a Nae AS Asad OORT? VM Be ee
: TOTAL EMPLOVEE BENEFITS EXP = 816 83 16° "8 $235_ 6 WONG | is Dann i O's 5 9. SURO 6
EA gael ES oie Pe Nate “sia Teed. see peat Yee AR nce SD a Pape a ES te |
INSURANCE omen . is at! . pear fe a i Sy) Bee pie hace p “Soya ee ct Mig ret, 3 in [ast CEA Se a Se eta 3 SA 2: “sore
- WORKMENS COMP. INS. 67040100 160 2 154 2 169 2 1689 “ 1609 3 1664 4
LIABILITY INSURANCE 670647200 115 Bec (eee Re Mat 06 Oe a. se 2
- OTHER INSURANCE 67049900 a Whee 73 a | 90 1 > 970 2 756 1 946 2
TOTAL INSURANCE - OTHER —: + 3 6 343 6 365 6 3855 —(i‘ 3556 T3006 .
j i ae me ae Tl = FAIR ad TE Teen ack” mila “wie”: ie Sis oo Be an ae eee oF S ae: y ;.< a <p. ste re ES he - ane sins ~
_ TRAVEL & MEETINGS
- TRAVEL & ENTERTAIN 6705510C oo ae eee ee ‘ 704 ¥ 234
: REGIONAL KGR MEETI 670650360 een ae Le ; 228 231
- EMPLOYEE TRAINING e7C50500 one 39 1 258 1 216
TOTAL TRAVEL © MEETINGS ee . ae 1 263 a 625 i 104 1 681 1
i
REPAIRS & MAINTENANCE ans pe Bi ri. eer eat path ah ad
eeernc” é V——S— er eee ee ee
—_—
— a
’ A1872
INTERSTATE LANES 1020 Exhibit DIA
_ RAMSEY NJ ’ a
p . REGION = | DISTRICT = 25 a ————— ——-——— SS
‘ TENPIN 40
>
i PROFIT OR LOSS ~- STATEMENT PAGE NO. 6 OECEMBER 1972 . PROGRAM LPO8O-C2
>. -
CURRENT MONTH ACTIVITY YEAR TO OATE ACTIVITY
i . «2 > qe r ee * - oe -.° : ? TKS s. ES or.* fas SA 2 : «
p ACCOUNT DESCRIPTION ACCOUNT CURRENT CURRENT GaST VEAR CURRENT CURRENT LAST YEAR
: aie ad ot ACTUAL — BUDGET ; ACTUAL ACTUAL BUDGET _ ACTUAL ,
* :.
> JANITORIAL CONTRAC 67060101 gh TS ES ae ST CER ee 828 oe TET oe ee BB me
’ 47060103 tin’ SRE SS See ESAT Bs Mees OY See PE eS - 67
; i GARBAGE COLLECTION 67060105 240 . o - Blé i 160 a 55 : 960 ? 1200 2 : 950 : 2 :
SIGN CONTRACTS 67063106 ns" palit EN ee ke a Se ake 5 ae anda cami ee,
PEST CONTROL 6706C 107 36 | 15 16 107 1546 104
FIRE EXTINGUISHER 7660106 : 14 151 ' A.
- TOTAL cae Re Ve 26 the lo ate A3t “eo 2 gaan. 3 er. a 3420 | fe Seats 1356 3 ~~ 1287 ot
: ne +e Re Bra, BED Lat feat, ey re bmi o> pcb ate ‘ 3 : , Te Ms . fe a
- - SMALL roots 67060200 e4 a ee OY —— ae ze
) > PINSETTER PARTS/LABDSTCEL30C 1335 201 462
~ PINSETTER MAINT. S$UP670604°50 *
-" GAME PARTS REPLACENNSTO60SOO
>: Cane MAINT. SUPPL IESSTC Sees
. LESURFACING 67C60700
* ~~ JAMTTORIAL EQUIPT/RERTCEDROC
» > PIM MAINTENANCE 6706¢ 900
, @IELEARO EQUIPT REM 67061000
- ~ REFRIG.EQUIPT REM 67661100 ©
». REST. EQUIPT. R & AM S7O612C0
‘- BAR EQUIPT. REM 67661300
: MEAT-A/C R ER - 67061560
/: BUELOING R ER 67061600
_ EXTERIOR LANO ROR 67661700
FRAMEMASTER R& MH 67G6180C
,. BUS REPAIRS 6 MAINT.670619C0
VEMOING MACHINE R & 67062000
- $IGN REPAIRS & MAINT6TC62200 ee. oY ee
- QFFICE EQUIPT. & & ME70625CC - 66 o4 40
- OTHER REPAIRS/MAINT.6706990C 12 ae 120 125
- TOTAL REPAIRS & MAINTENANCE 4647 -%e3 1422 2-4 2306 37 ne 25263 * FeO «44572 2.9 ana? 2-8
i ey OE ee as ae eee eer ees : adie sa Lai ere 0-0 7 ian
OPERATING SUPPLIES ' :
BOWLING SUPPLIES 67675190 1013 1.6 346 5 161 3 3115 a 3620 7 1892. 4
BILLIARO SUPPLIES 670679200 23 51 i 185 1 ie _ 236 | _ 170
BUS SUPPLIES 67C 76360 4 67 | 49 aa ees || 900 1 290 1
RESTAURANT SUPPLIES 67070400 615 1.3 385 6 694 lel 3597 7 4004 o 2989 .
BAR SUPPLIES 67CT0S5CC 288 5 46 43 i 754 1 460 358 1
LIGHTING SUPPLIES 67672706 207 3 69 1 105 2 844 2 716 1 461 1
JANITORIAL SUPPLIES 6706768CC 346 5 144 2 242 4 1647 3 1496 2 1355 3
NURSERY SUPPLIES 67070990 19 153 196 87
A th am A A A CS TE TE A , CT ee ae ae Te a a, |e
el
A1873
_ ENTERSTATE LANES 1620 Exhibit DIA
| RAMSEY NJ Seeeeenpee eee
REGION = 2 DISTRICT = 25 fin A Serra ae mee a
’ TENPIN 4C6 —————— nn pa
j : A a ai Seu £. _ PROFIT OR LOSS - STATEMENT PAGE NO. 7 DECEMBER 1972 PROGRAM LPCBO0-02
CURRENT MONTH ACTIVITY YEAR ro OATE ACTIVITY
ACCOUNT DESCRIPTION ACCOUNT CURRENT CURRENT LAST YEAR CURRENT CURRENT LAST YEAR
Se ee ee. _ su0GeT «ACTUAL ACTUAL BUDGET ACTUAL :
OFFICE SUPPLIES 67¢7100¢ 24 “TE B®: “>> Bee i
POSTAGE SUPPLIES 67GOT1LICC 50 1 ae 1 1
4 DUPLICATING SUPPLIES67C 71206 eS JS ny ge i ie i glee ayes
PIN AMORTIZATION 67071306 410 oS ee é ee ee ed ~~~ 6248 —e.-~- ae he 272¢ 6
_ WENOING SUPPLIS @TO716CC | A
> QOTHER SUPPLIES 67079900 1 i i
. TOTAL OPERATING peptone <i eee ‘ae oe S67 = Be = NGRZF Be 4
oat Puy ce een
7 > -< - Re.
ye ay ere, Se te ee
abe e7ceni0c - +. Gases =
Lamon Y-oaR ovoee nee a SS ay
" * as 2 . I . 9 7 F Se ® s 4 . .
: ‘ - . . . .
’ ° .
*+ oo FS te -v. _ =A Po : ;
‘ oe eh fee » ole: ; a 33. Af A 2
; . . 4 " : :
e <*> one ama d - - - - - ~ - , - - — op e a me . aa
: - * J rg * oe — =! VV 7 Z < 4 Ppa “» arnt _™ tie et or ' b a . La a '
‘TOTAL t % — vie 1° 4 ae be ~ NaN lu . a A: % =—s a Te ~ “3 ; : st ° pies eo lino g 7 _ od 3 eae } 1 —
2 + : et du z oem = ’ ' he tT bb B ¢ ? : as ,
* Y ot *p ee a ev TS, - '‘*e . WP : st ty ‘ ; . a a +. td Se = Le Pe . 3
ap veel ~ Ee » 2 . ? -— . P .* — . “are . : ri f “ =, 4 <7? oe . - ‘ ry o ie ee +" see : P =
— ; : 7 ’ = ’ a : . ‘ . 2 > ra ~* n af ln ‘>.
=> 9 . . j > ‘ ‘ Fy : . ‘ - . . ;
:? * . il : gA f . , a ee . : ee St ‘. = ‘ _
“ i : ’ . .
~ SA om ’ > -. - .* — ~~ ; + —=s , a
A % 7 > : ” a : -J . > . ae ¢ 4 oe Fee ty Pt: > _* <
+ * t@e rt ~ . = > b . : : 7 he en ave’ <
’ . : ._ >
. f :
>
aw + @@e- **.
pha Aye tk
"ox wities |
“-quecercrty
WATER - a a
=
r3: OTHER . -— -"
SVOTAL UTERATHES
“COMMUNICATION EXPENSE 20 SF
T € T BASE CHARGES 67100100 208—~—SC 3
> T&T =-TOLL CHARGE 67100200 193 3 8
“TOTAL COMMUNICATION EXPENSE + ae. “"~ 1866 4 4900 . 2083
, . ; a . . - ”
: OUTSIDE SERVICES gO MA ee, ly ci Be eee Td My oe ee, TPRE .
CASUAL SERVICE-SOW 67110200 133°. 2 1 | 2
ap CASUAL SERVICE-REB = = 67110200 ic * eae, peers 2» 184 fis:
DETECTIVE SERVICES 67110400 18 1 254 1
LEGAL SERVICES 67110500 70 -e 95 2 158 840 1 466 1
PROP. TAX AOMIN. 67110600 _ 24 —s 24 7 250 | 248 250 1
TOTAL OUTSIDE SERVICES 691 =—s_ ell 12 2 260 4 3956 8 1272 3 2227 5
: SALES TAX EXPENSE i ; ar
‘ SALES TAx-PRO SHOP 67120100 226- 4 192- 3 846- 2 843- 2
SALES TAX-REB 67120200 | 47- 1 174 3 13- L17-
- 7 ee,
— 4° A1874
Exhibit DIA
——
INTERSTATE LANES ° 1620
RAMSEY NJ reas
- REGION = 1b OISTRICT = 25 a
TENPIN 40 | : )
Gs; OMMPET GA LOSS © STATONENE OOES Me 8 OECEMBER 1972 _ ff: PROGRAM LPC8C-02
: VEAR TO DATE ACTIVITY ia
anh an es CURRENT MONTH ACTIVITY
ACCOUNT CURRENT CURRENT LAST YEAR CURREN CURRENT ‘LAST YEAR
wo. ACTUAL «= = BUG ET “ACTUAL ACTUAL puoceT = ACTUAL
a eee. en ee ae a —
-_ =
ACCOUNT DESCRIPTION
: posite ~ 67120300 ri RT, ge ae eg ea _ |
SALES TAX OTHER 67120660 89 f yt ee aes 2 SRO 4 917 2 oT EE gee? OCR 2 |
g TOTAL SALES TAX EXPENSE 1 64- 9. eee acts ial : See iol Ss EN es oe
a et - a ee ee ae = tots Sat t-- ~
- ADVERTISING & PROMOTN
ge SHIRTS 67130401
COACH SHIRTS 67130402
. om pee Ba BP.
—— ~ se
+ BERST LINE TROPHIES 67130501
- JUNIOR TROPHIES ", 67130503 |
; TOTAL al il a ae ee
Minette: =
TOTAL
7 = . = a 1 sa i oe
> BILLIARDS PROMOTIO 671310013 Sas ; Te aD ed slo vf. #85 ; a ea,
- BAR PROMOTION -~ Seertits tea ay aa Rae 1 Ree ope i
. LOCAL TOURN EXPENS 67131401 . eR ao : 32 eet fae? ee 43
| NEWSPAPER AOVERTSI 67131501 25 aye 2 eds 3
fa _ 7-3 @3A31503 a - e Te Te a Fade: ert
67131504 Sn fo Soa gk ties pie fa ee Be ef Lt age: Ena coach, Mee
MAGAZINE AOVERTISI 67131505 a SEER ahi eee eee eee O88 Ts pe ay: (ee, ees BSD .
2 a ) 2775 5 2086 . 4 °&«174 +
.
BOWLING PROMOTION 67231508 1453 2-3 198 3 766 1-3
TOTAL 1478 2-3 196 3 1023 1.7 3336 7. 2056
.
as el ted wets ae Tt dena rts qapee <agge
7 Aes : rt : me FER ror por <a
*a?
moe gee OE? Sy grate ers * oo =r oc
7 i. one re Se Oe SPOR TG RE, RT = ea 2°7qRT Ri : SOT
' TOTAL AOVERTESING & PROMOTN 2044 3-2 ' 909 1-6 1163 “ge9 113303 202 9452 - 309 | 8199 eT
7 est pe 3h nares ieee 2 ES ao ae Sa RE a a SED “> eee
- ; . » + -
j -- - - *- . Geeiwes oo +0 oti ae ~~ 9 iGs ts ol Cae Sc etitahdt AT Sie ~~ *2ee o ome 4 — . ede et ~ - : + a i —
-"<+
343
i
. -- . - - . ° _ ° -_ e o . 2
. > CASH SHORT/OVER BO 67140150 205
: CASH SHORT/OVER RE 67140206 37
132
3
1
ROBBERY LOSSES 6714040C ; 3
FREIGHT 67140600 83 1 12 54 129 276
2 4- ; 97- 16-
CASH RPTS OUT OF 8 6714270C 11s-
346
_—
w
NN
= me re
NR
ee
wa
ee eae
-e—- oe
67146800 ; :
6714490 7 . | | x Ms 2 ee 253
A1875
INTERSTATE LANES 1020 Exhibit DIA
RAMSEY NJ PE Ps:
REGION = 1 OISTRICT = 25 - - . — —
TENPIN 46
| PROFIT OR LOSS - STATEMENT PAGE NOW 9 OECEMBER 1972 PROGRAM LPO8C-02
Mere es > | (CURRENT MONTH ACTIVITY ee : : YEAR TO DATE ACTIVLTY
ACCOUNT DESCRIPTION ACCOUNT CURRENT CURRENT LAST YEAR CURRENT CURRENT Last YEAR
NO. ACTUAL BUDGET ACTUAL ACTUAL BUDGET ACTUAL
| PURCHASE DISCOUNTS 67141060 26- 15- * 90- - 92- '
INVOICES IN TRANSI 67141266 | 1600- 2.5 1600- 2-6 .
J NSF CHECKS 67141300 §- 5 8
C/D OUT OF BALANCE 6714190¢ 23- 1 ; ms wtp aR oe - «8
MISC EXPENSE 67149900 4- 6 298 227-
_ ENVALTO ACCOUNT P& 67149996 117 2 24 117
> TOTAL OTHER OPERATING “2326 201 so “ts oe 2-2 2075 4 120 1287 3
TOTAL CONTROLLABLE EXPENSE 26669 41-8 — 1890C 32.3 19667 31.7 212522 41-7 186426 37-4 174810 36.2
ToT FIXED & CNTRL EXP “7 ""ga930 53.6 26348 4521 © 27326 4401 284293 55.8 256481 S1-4 240695 49.8
TOTAL GROSS MARGIN FOR COMP 17758 27-9 25328 $303 «= 23352. 3767 170434 33-4 186109 37.3 188592 39.0
pte oii A ON i i i a a a sige este chat 8 dag Te ee a
1
{ @OMISC INCOME & EXP.8* — STE oe eee SE TT Ls hee rorress —c
ALLOC. HOME OFFICE EXP Fig hg fhe a Ae peed | Pee
- @LLOC OF HO EXP . 77610100 4.2 2693 27976 5.5 28004 5.6 24024 5.0
FOTAL ALLOC. KOME OFFICE EXP hee? 2693 27976 5.5 28004 5.6 24624 5.0
oll, — -
FOAL TOT RISC INCOME & EXP 2690. fe 2693 456 772310 '~ B67 BTOTS «Se (88008 5.6 24024 5.0
& oc Se ee i ay Set fat RES ES bm, ¢ As
: — + —, —_ 7 antennas ie ele ol ae ad asia Se Sa oe oe cmekactesenl. ‘ale nv Al is ah ™ :
: eeprov FEO & ST TAX** 2 hcl ke Ailes Ee Sa eS a
- INTEREST EXPENSE “= CT Te | ;
INTEREST EXPENSE 81026100 z 10 86
y TOTAL INTEREST EXPENSE Paes Xp os Hey et ic te Ba 86
PROV FOR ST INCOME TAX
- PROV STATE INC TAX 82016100 69 1 1048 1-7 2222 ry 1249 3
TOTAL PROV FOR ST INCOME TAX 69 L 1048 1.7 2222 4 1249 3
- prov FOR FED INCOME TX
FED INCOME TAX 83010100 1733 2.7 2116 3.6 8566 13.8 16958 3.3 220C0 4.4 20666 4.3
A1876
INTERSTATE LANES © 1020 Exhibit DIA
RAMSEY NJ Sa aan : | ae Aa a = eS .) a eee
’ REGION = 1 DISTRICT = 25
TENPIN 4C
j ee oa PROFIT OR LOSS - STATEMENT PAGE NO- 10 OECEMBER 1972 PROGRAM LPCSC-02
:
. nS 2 ae ea CURRENT MONTH ACTIVITY _—o-. | TO DATE ACTIVITY
’ gCCOUNT DESCRIPTION ACCOUNT CURRENT CURRENT LAST YEAR CURRENT CURRENT LAST YEAR
MO. ACTUAL BUDGET ACTUAL | ac TUAL ‘BUDGET ACTUAL
—_
TOTAL PROV FOR FED INCOME TX 1733. 2.7 2116 3.6 8566 13.8 16958 3-3 22000 het 20666 4.3
\ . OFS Goes ee. ne : si “95 33 He Ee Toga > A ae Ree ‘ 4 : |
TOT PROV FEO & ST eo 0UlU 2116 3.6 9614 15.5 ,be380 3.8 22cc0 44 22001 4.5
TOTAL PROFIT O 13266 20.8 20519 35.1 11427 18.4 a 24.2 136105 27-3 142567 29-5
ewe Owes; API Rie, eee high Wa eT. - oe. 2 pag —™ —. a re ae a a At” alin ee tag
i a | fede So es eos. 3 ati fee os ae ae tel EPA os co :
' eeeeeee, INEAGES*E see raeaneainanairet ies ” = ee er ee ae SE oe + Te SS aoe eS
‘TEN PIN LINEAGE
% TEN PIN AO LGE LINES.99CICICC 32521 53.6 29390 55.0 274478 56.6 245900 53-5 .
- ADULT OPEN 90010200 12333 20.3 13500 25-3 ~——"e TT 125909 «© «2569 =: 124100 27.0 a aa
ADULT SPECIAL 900102061 535 9 300 - seh bee eee BUSS & 3126 7 ; feat FS
ADULT TOURNAMENT ~~ 90610292 “s : a . os! OTB 1 600 1 | ee
TEN PIN JR LGE LINES.90019350 4439 Te3 ~27C0 5.1 poe ——~31745 665 18650 &el a
JUNIOR OPEN 900104C0 $334 6.8 55C0 10.3 43032 8.9 49500 10.8 ? 9
* JUNIOR SPECIAL 90010401 534 4 200 4 6211 4.3 3480 8
- JUNIOR TOURNAMENT 90016402 297 “~$ “8500 208 "Ere ee, 082 - 2 14900 «340 (oe ee ee eres
> $CHOOLS 90010403 ti areB SF Bee ** 6 "3: SS ee 2134 . 600 1 haf
_YVOTAL TEN PIN LINEAGE @ 55993 9204 "$3900 20000 - == Jere ari FOOTE 10009 459950 100-0 ee oe
_ TOTAL PAID LINEAGE $5993 204 53300 100-0 ——————— lll CU 100.C d
eunnenn cunts 00. C880 Oe M. Oe Ee BO ce cae 6
- AVERAGE PRICE GROSS REV. 1.14 1.19 1-05 1.08
FREE LINEAGE TEN PIN eT ee oa 5 2 ht to ers Ne SS ee eee 2
TEN PIN FREE EMPLOYEESOLLOLOO 19¢ 3 1645 3 | :
\ TEN PIN FREE PROM. 902102C0 99 2 oy tat 2 ibs =~ yeese, Oe 6 ) } igh
TEN PIN FREE INSTR. 9CLIC360 : 87 oe —
TEN PIN FREE WARM UP 9C1LIC4CC 1456 24 11294 2-3
TEN PAN FREE RM 9C110566 29
‘ TEN PIN FREE WALK OUTOSLIS6OC 51 1 191 :
TEN PIN FREE BREAKAGESOLLOTCO 1225 2-0 19316- 420
TOTAL TEN PIN FREE LINEAGE 3021 5.° — 30T6~ 6
TOTAL FREE LINEAGE 3021 5.0 36 76- 6 ;
eee Gee
INTERSTATE LANES
RAMSEY
Lt
REGION = 12 OISTRICT = 25
TENPIN 4C
-
PROFIT OR LOSS - STATEMENT PAGE NO.
CURRENT MONTH ACTIVITY
1l OECEMBER 1972
t
=-
YEAR TO OATE ACTIVITY
TOTAL LINEAGE
ACCOUNT SESCREPT TSN
INVALID LINEAGE
TOTAL
ie 6S eee —_—
99909996
“ACCOUNT CURRENT
CURRENT
nC. acTuat
BUDGET
1615 2.7 ~~ VNSETOS. Begs
1615 2.7 (pee Se
-*+.3 - . ‘ eee
— en. tat te 2 ee oh ee ~ ol af fe
a ee ea ee « <saet ae oe Ge a a
wit
wy Es
160.0 _100.0
60629
ere
Saas “eivsin abet
Se, = 2 ue Fa:
é * FSP
YS ¥.
; s 3 ee
- - . my
ar be - $ 2
———F 2 — -_—- = es — os ge & oD —_ > ~ .+.ifera
—, 9° <9 oe es eee = — -<--=-=F - -> —--
- - : e ° 5° ?
. = 7 - —
":
. " ‘
= st. ?-2 —— .
ed - -— — ee et - oe «memo <-- -o5S > —_——-. -——— = . ——~ --
-< e ape @ -= -< — - ---¢ —_— —
‘ 4
,
—_—- .
CURRENT
acTUAL
ee eee | YL 3
Ee Te BONS 3
a Ss =
ae St eee es as 5 e
485273 10060
CURRENT
ees
pa cet Me aoe
- ~ af +i = — . a
eae EER. “ses aa: 9 Ee a Baad fudein.
459950
A1877
Exhibit DIA
PROGRAM LPC80-02 !
LAST YEAR
ACTUAL
-—:2 -+7s"- SS eee
- ‘Fa 4 7 2 a
- ae Eee en ..
A? i ~~ = ~
48 Bit RS rs ;
+ af = a “~~ mS r
oe 8 : — = =-7 at oF aa
. .. eee == he ‘
10020
- “49
. ‘ . a
. . = =
aie tos aras- et ot. PDE + —_——-
a a. :
. a 2 i
- ° .
os —_—— a? _* a
_ . = ~ - .
— -_<+ ee ee ee
~
This text is long and has been trimmed here. Open the source document for the complete record.
This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.