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Sold At Auction

NEWS
By Staff report | January 16, 1994
The ghosts at Cockey's Tavern have no one to haunt except themselves until Jan. 27.At 10:30 that morning, the historic site, which has operated as an inn or tavern since the early 1800s, will be auctioned along with the restaurant equipment and some of the owners' personal property.Robert and Alida Lowry, who had owned it since 1985, closed the popular Westminster restaurant suddenly in September, saying the resignation of several longtime employees and the East Main Street reconstruction had hurt business.
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BUSINESS
By Timothy J. Mullaney and Timothy J. Mullaney,STAFF WRITER | October 13, 1993
Va. developer to buy Grey Rock projectThe Bank of Baltimore has made a quick turnaround of the property it was forced to foreclose upon at the Grey Rock condominium and townhouse development in Pikesville, finding a Northern Virginia developer that has agreed to buy the land."
FEATURES
By Lita Solis-Cohen and Sally Solis-Cohen and Lita Solis-Cohen and Sally Solis-Cohen,Contributing Writers | September 19, 1993
Q: What can you tell me about my 22 1/2 -inch-by-28 1/2 -inch tin sign advertising "Armour's 'Star' Hams and Bacon"? It shows a woman wearing a long white skirt, high-collared blouse and fancy hat taking money from her wallet to give to a boy in an apron who's holding a ham. They're standing in front of a butcher's counter, with ham and bacon displayed. The figures, meats and lettering all are raised. The sign's lower right corner is marked "The Meek & Beach Co., Coshocton, O." Since reading '' about a 1910 tin Campbell Soup sign that sold at auction for $93,000 in July 1990, I've been curious about my sign's value.
NEWS
By Timothy J. Mullaney and Timothy J. Mullaney,Staff Writer | June 25, 1993
The Colonnade, home to one of Baltimore's premier luxury hotels and the stylish Polo Grill restaurant, is headed to foreclosure auction July 13 because its owners defaulted on a $22 million construction loan.The auction, which would include nine of the 119 condominiums that are part of the West University Parkway development, results from one of the hidden causes of the real estate crisis: developers' inability to replace short-term construction loans with long-term mortgages after the real estate crash began in 1989.
BUSINESS
By Suzanne Wooton and Suzanne Wooton,Staff Writer | June 12, 1993
A dilapidated South American freighter, which was detained more than a month ago by the U.S. Coast Guard and docked at Canton Marine Terminal, will be auctioned. But the fate of its 18-member Ecuadorean crew and one stowaway remained uncertain yesterday.The federal court in Baltimore approved requests this week to sell the 452-foot vessel after the ship's Columbian owner notified the U.S. Marshal here that it did not intend to make the repairs that the Coast Guard has insisted were needed to make it safe.
NEWS
By Lorraine Mirabella and Lorraine Mirabella,Staff Writer | February 11, 1993
Gunning's Crab House, a South Baltimore institution for more than two decades, was sold in a foreclosure auction yesterday for $305,000 to a caterer who says he intends to carry on the tradition -- although probably not under the same name.The popular crab house, which built a reputation on steamed crabs, crab cakes and fried peppers with powdered sugar, closed in December after a series of misfortunes and financial troubles led to a foreclosure by Laurel Federal Savings Bank.As part of a Chapter 11 filing in U.S. Bankruptcy Court, Gunning's Crab House Inc. had arranged in December to sell the business for $725,000, said Howard M. Heneson, the corporation's attorney.
BUSINESS
By Timothy J. Mullaney and Timothy J. Mullaney,Staff Writer | January 22, 1993
A Laurel savings bank has scheduled an auction of Gunning's Crab House in the Brooklyn section of South Baltimore. The foreclosure sale would close the door on a 3 1/2 -year struggle to save the well-known restaurant from financial problems stemming from a fire at its Ocean City branch.Alex Cooper Auctioneers is scheduled to auction the restaurant's South Hanover Street building Feb. 10, after the owners failed to repay a loan that an attorney for Laurel Federal Savings Bank said exceeded $200,000.
BUSINESS
By Timothy J. Mullaney and Timothy J. Mullaney,Staff Writer | December 18, 1992
Once this site represented morning in America, the anything-is-possible-in-real-estate ethic that led developers to borrow more than $8 million to turn this 8-acre stretch of Boston Street into glamorous condos.Yesterday, however, it was afternoon with the auctioneers at the failed Lighthouse Point site in Canton, as MNC Financial Inc. bought the building for $1.15 million.The company's South Charles Realty Corp. subsidiary will now try to sell the property and recoup as much as possible of the $8.65 million the old developers owed Maryland National Bank as of June 1, plus the six months of accrued interest since then.
NEWS
By Carl Schoettler and Carl Schoettler,Berlin Bureau | June 19, 1992
BERLIN -- Knickknacks, chinaware, art objects, oddments of clothing and just plain junk from the closets of East German communism were auctioned yesterday to make room for the coming of Chancellor Helmut Kohl to Berlin.Auctioneer Bernd E. Schulz labored mightily from 10 a.m. to 5 p.m., rattling through the sale of hundreds of items from the offices of Willi Stoph, the prime minister of East Germany when the Berlin Wall came down. Mr. Stoph, 77, is in jail awaiting the outcome of investigation of his Communist past.
NEWS
April 12, 1992
Axl Rose on the lamRock 'n' roll band Guns N' Roses postponed its sold-out show at the Rosemont Horizon near Chicago on Friday just 15 minutes before the doors were scheduled to open because lead singer Axl Rose had to skip town ahead of the law, according to the band's record company.Officials had a warrant for Mr. Rose's arrest on four misdemeanor charges stemming from a riot in July at a concert outside St. Louis.The Cook County sheriff's office planned to arrest Mr. Rose and extradite him to St. Louis to enforce a bench warrant obtained by the St. Louis prosecutor's office.
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