Roanoke Times
Copyright (c) 1995, Landmark Communications, Inc.
DATE: SATURDAY, September 25, 1993 TAG: 9309250080
SECTION: BUSINESS PAGE: A-8 EDITION: METRO
SOURCE:
DATELINE: LENGTH: Medium
Norfolk Southern Corp. is helping CSX move its trains in the wake of Wednesday morning's Amtrak accident on a CSX track north of Mobile, Ala.
Forty-four people were killed when the Sunset Limited, an Amtrak train traveling between Los Angeles and Miami, hurtled off a railroad bridge into a swampy waterway. A barge may have struck the bridge, causing the accident.
While the Amtrak cars are retrieved from the bayou and the bridge is repaired, 10 CSX trains per day are detouring over NS track between Mobile and Birmingham, Ala., and Atlanta and New Orleans. Another four trains per day of the Burlington Northern Railroad are being detoured on NS track between Mobile and Kimbrough, Ala. Bridge repairs are expected to take eight days.
- Staff report
Salem Ben Franklin to close up, for good
The Ben Franklin variety store on Main Street in downtown Salem will close in November because the owner, Jesse S. Ramsey, plans to retire.
Ramsey, who has operated the Salem store since 1981, said he's made no effort to sell the franchise because the Ben Franklin parent company, National Intergroup of Pittsburgh, is phasing out small stores such as the one in Salem. The company's newer stores are larger and most are in shopping centers.
- Staff report
Bankruptcies
Three businesses have filed petitions in U.S. Bankruptcy Court for the Western District of Virginia in Roanoke, seeking protection from creditors:
La Ronta Inc., operating as The Calorie Weight Loss Center in Christiansburg, filed for liquidation. Owner Terry Douglas, listed assets of $26,898 and liabilities of $23,459.
Ricky Dean Cochran of Grundy, operating as Rick's Restaurant and Lounge and as R&J Advertising, filed for liquidation, listing assets of $60,810 and liabilities of $86,434.
Steven Garrett Obenchain and Cynthia Draper Obenchain of Christiansburg filed for liquidation, listing assets of $113,925 and liabilities of $175,869. She is the operator of Obenchain's Nursery in Christiansburg.
- Staff report
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