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City Council Agenda and Packet 1974 12 17
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City Council Agenda and Packet 1974 12 17
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City Council Records
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City Council Packet
Signed Date
12/17/1974
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CCAGPKT 1974 12 17
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- .. +rte .wr�.q�yc,rJ.4.i � . ... ..a . +_ 1..T• ,-.^- Awl_ <br /> Staiedlige <br /> The'oedema*sormate,hhs the deioctieas allowed by the Coen u ialsoo d.will be divided lessee the rod <br /> pleindfb. !e/ the ieter.a.or plinths and the sem ostabers who hive fled Form No.2 tearoom dowry within <br /> any extended period authorised by the Covet "settlement participants'') is the same pprrooportions that�1iad to <br /> the prior Partial Settlersant is the amount of *1,700.000 with Mead Corporation had Ciassorien Pipe et Fesadey <br /> Compaq. Thorn clam menhirs that failed to fig Form No. 2 will not participial l in the dirtnb,+tiow. No further <br /> information with raped to your cisba will be required. <br /> The anomie* of the attleetest amounts available for distribution will be based on ha proportion that each see. <br /> these- - parcel__pinta' direct tad Mdit ctparchaste from manufacturers of tact iron pipe and fitness is the period <br /> pessary I. , iluough December 31. 1669,bore to the total of snack direct and IIdirect put-chimes of all settle• <br /> meat perticipateta. <br /> For the per of the rte pordomtwnt in the Maad/Clamorpn setdem.at, direct pwrchuss from ewaasfaa r.n <br /> were accorded fell value, tads, indirect purchases (through contractors, jobbers or other Wthnaedhries were <br /> accorded a value of 50%of the dollar amount of such purchases. The forego computation%, including certain ee <br /> timating were made by a npreeantative of Arthur Andersen et Co..and the dIstributioa booed thereon was <br /> Zia o <br /> In the event that she eattlement sad plan of distribution are approved.tlie Coon will eater an order d the <br /> Settling Dshoda.es and this action with prejudice. Direributioe will be evade In two installmeeetr, the firs of w ' b <br /> is planned for F , 1975, and the second for February, 1976, but so disc i nstioa shall be wade until the dip <br /> "BMW ceder become <br /> The Court's order antthorhi.g this Notice of Final Settlement,copies of the Settlement Agreeereetts,Petitions for <br /> Fees and Expenses,and the propoad plea of distribution described herein me on file in the Office of the Clerk of <br /> this Court and available for your inspection. <br /> PLEASE TARE NOTICE that a hearing will be held before this Court at January 15,1975.beguaieer at 10:00 <br /> A.M.in Courtroom 2 of the United States Courthouse is Birmingham,Alabama. The purpose of this hearing is to <br /> determine whether: (a) the settlements shall he approved; (b) the plan of dixribution of the aetttlemeat amount <br /> among the plaintiffs, iatamesor plaintiffs and class members is fair and reasonable; (c) certain petitions for fees <br /> and expenses will be approved in whole or in put; and(d) w diamiss them actions with prejudice. <br /> If you desire to be heard at mid hearing,you mum advise the Court by filing a notice of intent to be heard with <br /> the Cleric of Court on or before December 30. 1974.briefly setting forth your position. <br /> By Order of Sam C. Pointer. Jr., District Judge for the United States District Court, Northern District of <br /> Alabama, Souther* Division'. <br /> DATED: November 15,1974 <br /> WILLIAM E.DAVIS <br /> Clerk of Court <br /> United States Olstrict Court <br /> Northern Diorite of Alabama <br /> Federal Courthouse <br /> Bienelag)eam, Alabama 35203 <br /> • <br /> !J Plintiff Washingtoa Suburb..Sanitary Comnsiaalon Is not participating in the settlement with U.S.Pipe. <br /> a 1,M1111 AWN <br />
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