ROANOKE TIMES
Copyright (c) 1996, Roanoke Times
DATE: Saturday, July 6, 1996 TAG: 9607080031
SECTION: BUSINESS PAGE: A-4 EDITION: METRO
Va. firm to sell Big Apple
NEW YORK - Looking beyond Madison Avenue, New York City has chosen a Virginia advertising agency to run a $12 million campaign to attract businesses and tourists to the Big Apple.
The Martin Agency of Richmond was the winner this week in a 10-agency competition for the job from the city Economic Development Corp.
``This is a perfect time for New York City to be doing this,'' said Joseph Slay, president of Martin's public relations. ``The word is getting out tow the rest of the country that some really cool things are under way - the Times Square rebirth, the crime rates continuing to go down. There'll be strong arguments for both tourists and businesses to consider New York.''
A campaign plan is being readied for final approval in the next two to three months, and it's too early to say exactly where the money will be spent.
Martin, with 410 employes in Richmond and branch offices in New York and six other cities, lists Mercedes-Benz cars, Seiko watches and Marriott hotels among its clients.
- Associated Press
Local magazine reaps awards
Blue Ridge Country, a magazine published by Leisure Publishing Co. of Roanoke, has received two writing awards from the International Regional Magazine Association. The 8-year-old publication received a gold medal in the history feature category and a silver medal in the essays and columns category.
Bankruptcies
Eight bankruptcies with business affiliations have been filed in the U.S. Bankruptcy Court for Western Virginia at Roanoke.
Lenard W. Spangler and Lois Ann Spangler of Cedar Bluff, operators of the Fincastle Family Restaurant in Tazewell County, filed for liquidation. They listed assets of $43,254 and liabilities of $89,278.
William D. Vaughn of Big Stone Gap, operator of Danny Vaughn Trucking, filed for liquidation with assets of $26,400 and liabilities of $40,795.
Todd A. Fleishman and Edna M. Fleishman of Roanoke filed for liquidation with assets of $93,375 and liabilities of $141,892. They operate a retail business, Treasure's Tobacco and Gift.
Yadava Bahadoor of Rocky Mount filed for liquidation with assets of $20,370 and liabilities of $37,941. Bahadoor is the owner of Rocky Mount Copy Machine Co., a copier sales and service business.
Cosmo Boyd Amburn and Jessie Amburn of Galax filed for reorganization and protection from creditors, listing assets of $755,400 and liabilities of $509,512. They operate a saw milling and timber business.
Betty Josephone Corvin of Roanoke, who does business as Betty's Shop, filed for a wage-earner plan for repayment of debts. She had assets of $15,456 and liabilities of $20,961.
Edgar Albert Rager and Patricia D. Rager of Elliston filed for liquidation with assets of $62,301 and liabilities of $81,027. Edgar Rager is an owner-operator truck driver.
Robert Harvey Carrico and Tonya Marie Carrico of Ivanhoe filed for liquidation with assets of $24,370 and liabilities of $41,322. Robert Carrico is a self-employed carpenter.
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