Popular Linthicum pizzeria closes In debt, owner files bankruptcy NORTH COUNTY -- Linthicum * Ferndale * Brooklyn Park * Pumphrey

December 09, 1992|By Liz Atwood | Liz Atwood,Staff Writer

The G&M Restaurant & Carry Out, for two decades a popular Linthicum pizzeria, has closed and its operator has filed for bankruptcy.

George Tsimopoulos, president of Hammonds Ferry Inc., which operated the restaurant in the 800 block of North Hammonds Ferry Road, is petitioning to dissolve his company under Chapter 7 of the U.S. Bankruptcy Code.

According to the papers filed in U.S. Bankruptcy Court in Baltimore, the company owes nearly $1 million to creditors, including landlords Michael and Gerasimos Stavlas.

The restaurant closed Nov. 14 when the Stavlases and their lawyer seized the property and changed the locks on the building in a rent dispute with Mr. Tsimopoulos, according to documents filed in Anne Arundel County District Court.

Mr. Tsimopoulos tried to block the action, but District Court Judge Michael E. Loney upheld the seizure.

Hammonds Ferry Inc. owes the Stavlases $350,000, according to the bankruptcy filing.

Michael Stavlas said he will find a new operator or run the restaurant himself.

The Stavlases bought the property in 1972 when it was an ice cream stand and carryout restaurant. They eventually built the business into a sit-down Italian restaurant and pizza carryout.

"It was a busy restaurant," Michael Stavlas said. He said he sold the restaurant to Hammonds Ferry Inc. in 1983 because "they made me an offer I couldn't refuse."

The Stavlases currently operate the Timbuktu Restaurant and Carryout on Dorsey Road.

Community leaders said they were surprised by the closing of the popular restaurant and that they would like to see another one open in its place.

"I'm sure a lot of their customers are disappointed," said Gerald Starr, president of the Linthicum-Shipley Improvement Association.

"It was a very popular place for pizza and subs," said Bill Church, president of the Crestwood Improvement Association.

Mr. Church said he supports reopening another restaurant on the site but said his organization might oppose granting another establishment a liquor license.

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