City says ‘no’ to new BRD bankruptcy plan

-Sequoyah County Times, March 12,1998

From the files of Your Sequoyah County Times

25 Years Ago

(From the March 12,1998, issue of the Sequoyah County Times) -The Sallisaw Municipal Authority voted unanimously to not approve Blue Ribbon Downs’ second Chapter 11 Plan for Reorganization at Monday’s meeting.

John Robert Montgomery, city attorney, recommended that the authority vote no’ on the new plan.

Montgomery said that some unsecured creditors had been placed in front of the Sallisaw Municipal Authority for priority of payment in the plan.

Mayor George Glenn told the other trustees that he had spoken with Mary Watkins, president of Race Horses Inc., which owns and operates Blue Ribbon Downs, about the second plan and they both agreed that the priorities needed to be realigned.

—The demolition of the old bank building located at 126 E. Cherokee in Sallisaw began last week.

Wilberta McKinney, the building’s owner, and her son-in-law, Jack Berry, addressed the Sallisaw Board of City Commissioners about the situation with the building at Monday’s board meeting.

Berry told the commissioners there was a buyer for the property, but the sale is contingent on the removal of the building.

50 Years Ago

(From the March 8,1973, issue of the Sequoyah County Times) —A semi-trailer loaded with almost 20,000 feet of lumber has been recovered about two miles northeast of Central High School in Sequoyah County, FBI agent Bob Macheckney of Poteau said this week The lumber was reportedly stolen two weeks ago while the vehicle was parked in front of the Champlin Truck Stop in Sallisaw.

Macheckney said the lumber was recovered last Thursday from a barn and the truck was found two miles away in a field in the rural area of southeast Sequoyah County.

“We are handling the investigation,” Macheckney told Your TIMES, “because the incident involves a theft from an interstate shipment,” The agent said the lumber was being shipped from Navajo, N.M., to Pryor. Estimated value of the trailer and the lumber is approximately $7,000, Macheckney indicated. No charges have been filed in the incident, the agent said, but investigation is continuing and Macheckney said he thought the investigation would be complete before the next session of the grand jury in Muskogee.

Agent Macheckney would not say if any suspects were under surveillance in connection with the theft.

75 Years Ago

(From the March 12,1948, issue of the Sequoyah County Times) —American Legionaires of Sallisaw will celebrate the 29th anniversary of the founding of American Legion with a big party next Tuesday night in the Legion hut, commander Paul Post announced Thursday.

All members are urged to attend the special event. A fine program is being prepared and there will be a “big spread” Post promised.

Also invited to the celebration are all war veterans that are eligible for American Legion membership, the commander said.

Next Monday, March 15, the American Legion will celebrate its 29th birthday. It was first organized in Paris, France, on March 15,1919, by enlisted men and officers representing the various military units in Europe following the close of World War I.

100 years ago

(From the March 9,1923, issue of the Sequoyah County Democrat) —Ed Lockhart, notorious bank bandit, wanted in four states on various charges was held to the district court following his preliminary before Justice of Peace Jim McLaughlin, Thursday morning. Lockhart is charged with raiding the Farmers State Bank at Gore in 1920 and looting the institution to the amount of more than $2,000, larceny of a horse and attempt to steal an automobile.

Lockhart was captured in this city with Kle Carlile and Sam Lockhart several weeks ago when they attempted to steal an automobile from the garage of Undersheriff Bert Cotton. The noted bandit was surprised by Night Patrolmen Chuculate while trying to start the engine of the car.

—The Sallisaw Bank and Trust company doors are still closed and just when the re-organization is to take effect has not been ascertained. It was rumored in the streets this week that the committee composed of five stockholders in the bank are still working and perfecting plans to reopen the institution. It is said the bank will be re-organized just as soon as the final accounting is made by the bank examiner.