The Commercial Appeal

MID-SOUTH MEMORIES

APRIL 18

-

25 years ago — 1996

Businessma­n John Tigrett filed a $6.5 million lawsuit against Union Planters National Bank claiming that the bank improperly sold stock he put in escrow for The Pyramid. The stock was sold in December 1994 for $2.85 million by Union Planters, which acted as the escrow agent. Tigrett claims in the Circuit Court lawsuit filed late Tuesday that Union Planters made misreprese­ntations to Chancery Court in 1994, which resulted in the sale of 375,000 shares of General Oriental Investment Ltd. stock. Tigrett pledged the stock to fund an escrow account so that Sidney Shlenker could get a contract from the city and county to manage The Pyramid. Shlenker’s company was ousted as Pyramid manager in 1991. Shlenker’s Pyramid companies subsequent­ly filed for federal bankruptcy protection. Last month under a consent agreement filed in bankruptcy court, the proceeds from the stock sale were divided among the bankruptcy trustee, the city and county and Tigrett.

50 years ago — 1971

The presidents of Egypt, Libya and Syria declared the formation yesterday of a “Union of Arab Republics,” binding their countries into a federal government. The new state will be establishe­d after national referendum­s Sept. 1 in the three countries. The leaders said it will be the nucleus for complete Arab unity and be open to other Arab countries. Egyptian President Anwar Sadat, Syrian President Hafez Assad and Libya’s head of state, Col. Muammar Kadafi read the declaratio­n in simultaneo­us half-hour radio broadcasts from their capitals.

75 years ago — 1946

Easter holidays for both Memphis and Shelby County schools will begin at the close of classes today. In the past, both Thursday and Friday before Easter Sunday have been holidays for the students. Ernest C. Ball, superinten­dent of the city schools explained that the usual two-day Easter holiday period was reduced to one this year so students could be granted a holiday on Friday, May 17, for the Cotton Carnival. Dr. Sue Powers, county superinten­dent of schools also will give the students a holiday May 17 for the Cotton Carnival.

100 years ago — 1921

ROME - No new American cardinal will be created at the June consistory. This was confirmed at the Vatican today. South American diplomats are using their best efforts with the Holy See for representa­tion of their countries in the Sacred College.

 ?? DAVE DARNELL/THE COMMERCIAL APPEAL FILE ?? Aug. 23, 1983: Memphis Chicks third baseman Tim Wallach is congratula­ted after hitting a two-run home run in the fifth inning against Nashville. The Chicks won, 5-2.
DAVE DARNELL/THE COMMERCIAL APPEAL FILE Aug. 23, 1983: Memphis Chicks third baseman Tim Wallach is congratula­ted after hitting a two-run home run in the fifth inning against Nashville. The Chicks won, 5-2.
 ?? DAVE DARNELL/THE COMMERCIAL APPEAL FILE ?? May 7, 1979: Jeff Smith (7) of the Columbus Astros safely steals second base despite the efforts of Tim Raines of the Memphis Chicks. The Chicks won the game, 10-5.
DAVE DARNELL/THE COMMERCIAL APPEAL FILE May 7, 1979: Jeff Smith (7) of the Columbus Astros safely steals second base despite the efforts of Tim Raines of the Memphis Chicks. The Chicks won the game, 10-5.
 ?? THOMAS BUSLER/THE COMMERCIAL APPEAL FILE ?? July 9, 1983: Negro League Hall of Famer Joe Scott displays a big smile and a “Joe Scott” model glove by Wilson.
THOMAS BUSLER/THE COMMERCIAL APPEAL FILE July 9, 1983: Negro League Hall of Famer Joe Scott displays a big smile and a “Joe Scott” model glove by Wilson.

Newspapers in English

Newspapers from United States