Re: 
East Broad Top Preservation Association has a $600,000 Mortgage due in April 2014
| December 15, 2013 12:56AM |
Bill Dennehy Wrote:
=======================================================
> Mr. Kovalchik does care as you said he gave the
> large majority of the money to save the blacksmith
> shop after he saw others were also willing to
> give. He will never PAY someone to scrap the EBT.
> He is a scrapper. That is how his father acquirred
> the property in 1956. It is doubtful the bank
> would have given $600,000 if there was no plan in
> place to repay or to refinance the debt. What
> makes me nervous about Mr. Salone is that he is
> one person only. Look at Steamtown (in Vermont)
> and Edaville to see how badly that can go if
> something happens to that one person irregardless
> of how wealthy they are.
====================================================
Excellent post, Bill, but I am afraid I am going to have to deduct 10 points from your final score. "Irregardless" is not a word.
=======================================================
> Mr. Kovalchik does care as you said he gave the
> large majority of the money to save the blacksmith
> shop after he saw others were also willing to
> give. He will never PAY someone to scrap the EBT.
> He is a scrapper. That is how his father acquirred
> the property in 1956. It is doubtful the bank
> would have given $600,000 if there was no plan in
> place to repay or to refinance the debt. What
> makes me nervous about Mr. Salone is that he is
> one person only. Look at Steamtown (in Vermont)
> and Edaville to see how badly that can go if
> something happens to that one person irregardless
> of how wealthy they are.
====================================================
Excellent post, Bill, but I am afraid I am going to have to deduct 10 points from your final score. "Irregardless" is not a word.
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488 stops for water at Los Pinos tank on closing day Oct. 1979. Photo courtesy Don Richter
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