http://www.recordonline.com/article/20151214/news/151219671.
battle over contamination at watchtower site in warwick.
by hema easley .
I added the third bullet point and didn't change the lead sentence. That's how accountants cook the books.
I do not know who they bought the land from, I'll try to find out. The news articles say they're suing International Nickel, I had assumed that's who they bought the land from, but it seems from one article they sold it in the eighties. But title searches and environmental due diligence still should have revealed the problem.
two things related to ongoing comments regarding forgiving of loans / transfer of balances to the wtbs and the ownership of kingdom halls.
firstly, i would argue that congregations don't care that bank balances have been transferred to the society.
i would contend that people contribute to the preaching work, and that's it , so long as there is enough in the bank to maintain the hall with a reasonable reserve, then i doubt many would argue against it.
What Juan said.
Here's an interesting tidbit. Although the courts have ruled that they can do whatever they want with the Kingdom halls, from the research I've done they have not changed the ownership names. My old hall is still owned by the Lake Hills Congregation of Jehovah's Witnesses LLC. Even though the WTBS could come in tomorrow and sell it, they are not the owner of record, therefore that asset does not show up on any WTBS financial record.
http://www.recordonline.com/article/20151214/news/151219671.
battle over contamination at watchtower site in warwick.
by hema easley .
I'm not a lawyer, but I am an accountant with about 25 years of experience in real estate investment and development. That's why I'm shaking my head over this. There are two possibilities:
1) they knew about the pollution and bought the place anyway. If this is the case, the purchase price should have reflected the cost of clean up. The only way I can see that they have a legal case in this instance is if they can document that the seller lied about the extent of the pollution. Even then they are going to have to explain why their own due diligence didn't uncover that.
2) they ignored the pollution and bought it anyway. As noted above, just about anybody could figure out the site was likely polluted. This scenario means the GB, or whoever made the decision, ignored the advice of somebody like me and went ahead with the purchase. I doubt they can win in court with this.
3) they didn't know about the pollution. This means, in essence, they are going to go into court and say "we're idiots and these bad people took advantage of us." This option might be the most entertaining.
http://www.recordonline.com/article/20151214/news/151219671.
battle over contamination at watchtower site in warwick.
by hema easley .
the watchtower real estate company ......that's who!
http://www.jw.org/en/news/releases/by-region/united-states/jw-begin-sale-brooklyn-real-estate/.
clarity .
As I've said before, this looks like a pretty professional setup. If it was being handled by an outside brokerage firm, I believe that firm would have to disclose its involvement. (I'm not familiar with NY real estate law, that would be true in most, if not all, parts of the US). Since such a firm is not disclosed, the must be handling it in house. Given the professional look, I'm guessing they found some JW with commercial real estate experience and put him in charge.
Confidentiality and Non-disclosure agreements are standard practice in transactions like this.
i was just reading this news clip about a mayor from my home town of waterbury, ct how was given a 37 year sentence for raping to minor girls.
the fed were watching him " trying to determine whether giordano was taking bribes from a mafia building contractor, fbi agents learned he was systematically raping the 9- and 11-year old daughter and niece of a prostitute in his office in the city hall.".
http://www.courant.com/news/connecticut/hc-philip-giordano-appeal-sex-charges-20151204-story.html.
https://web.archive.org/web/20151210004420/http://www.jw.org/en/news/releases/by-region/united-states/jw-headquarters-peak-construction/.
http://imgur.com/a/dbsqt.
are they just moving the goal posts now that 2016 is almost upon us?.
That place reminds me of the prison in "The Shawshank Redemption."
I've been involved in a lot of development over the years. I've never heard the term "peak construction." The only number that matters is "percent completed."
a (non-jw) woman that i work with has a daughter in public high school.
last week, the daughter walked in on a male teacher watching what seems to be a soft-porn scene on youtube.
she witnessed him unbuckle his belt and then appeared to be masterbating.. this occurred on school property while students were still onsite.
does anyone remember the recent rumors of chuck russell predicting the methods of communication that we now enjoy?
i believe he was quoting a science journal that actually made the predictions.
hmmmm...i wonder what they said about aluminium cans???
did any of you guys disregard the wt recommendations and pursue a career.
if you answer "yes": was your journey easy?
are you happy with the end result?
I started studying and was baptized about the time I got a BA in English. Their were no jobs for English teachers at the time, I ended up taking care of lab animals (I job I'd had earlier working for my Dad). Almost ten years later I went back to school to study accounting in a one year intensive program.
The elders counseled me not to do it, but I guess they couldn't DF me for it. Looking back, I think that was the start of getting out, which happened five years after I got the accounting certificate.
The accounting career worked out well, for the most part. I'm glad I did it. I made up my mind to leave listening to a talk about the evils of higher education at at a CA. My children were going into their teen years and I wanted better things for them. That was in 1988.
