OCR Interpretation


Arcade herald. (Arcade, N.Y.) 1981-current, May 29, 1986, Image 7

Image and text provided by Pioneer Library System

Persistent link: http://nyshistoricnewspapers.org/lccn/sn83008298/1986-05-29/ed-1/seq-7/


Thumbnail for 7
ARCADE HERALD, THURSDAY, MAY 29, 1986 7 Rising insurance rates lead to Dair y bu y° ut plans to close local restaurant Contlnued from page 6 The current liability insurance crisis in New York State will claim its latest victim on Saturday, when the successful Arcadian Restau­ rant in Arcad e will close its doors Although the restaurant does a good business, liability insuranc e premiums have increased 400 percent in the past two years. According to Howard Payne, s\ hose family owns the business and the building, his family fepls it is necessary to carry liability insurance because the multi story building has other uses in addition to the restaurant. H e predicts that the only restaurants and bars that will be able to survive are those tha t decide to carry no insurance After he and his wife Ixiretta and their son and daughter-in- law, Hal and Deanna, made the decision to close, Howard was speaking with his cousin who operates a similar business in Portville By coincidence, the cousin had also decided he could no longe r afford liability insurance and had decided to stop operating on the same date as the Arcadian—May 31 PAYNE, retired superin tendent of public works for the Village of Arcade , said his family's objective in opening the restaurant in May 1979 wa s to give husinesspeople a good place to eat at reasonable prices within the hour they hav e available for lunch He feels they accomplished their purpose and that people in Arcade have \sure been good to us \ Though he will miss meeting people, Howar d said he and I^oretta plan to let the business sit for awhile after Saturday to see if there is an y interest in it then they plan to relax a hit after some of the furnishings are sold In his current position as increase it seems to have equalle d out in Wyoming County at the present time Since the real concern is what to do with the milk surplus perhaps the 1) z l e d z i c s' suggestion in a Ix'tter to the Editor several months ago. offers the best solution \If everv person just drank one more H oz glass of milk per day. there would be a milk shortage Have vou clone your share todav'' Arcade town supervisor. Howard expects he will now be able to spend more of his time in Warsaw and at the town office He added that several of the Arcadian's . employees have already secured new jobs In commenting on the need to close a successful business because of th e insurance situation after putting seven years of hard work. Payne said. \It's too bad when someone else controls your destiny \ Arcade board department could not operate without any insurance The options, he said, were to take the policy, \such as it is,\ or remove the police department from the streets. The board voted to authorize payment for the policy, with the understandings that it would review the situation by early July and continue to seek a permanent solution to the problem THE RECENT presentation on contract law enforcement by Wyoming County Sheriff Allen Capwell was also discussed Mayor Ely said he needed the board members' comments in order to relay the board's position to the sheriff and to Police Chief Robert Kennedy Trustee IXJUIS Kulkerson said he felt the possibilit y of contracting with the county lor police services must be pursued, as there are ' more and more reasons to consolidate some services and some costs \ He said the board needs to review the level of service it desires and Continued from page 9 determine what, if any, the exact cost savings would be He reported he is aware of resident opinion both for and against the possibility, and felt the next logical step is to obtain more information Trustees Daniels and Luscher agreed, but Luscher added he does not want to settle for a lesser level of service than the village no w has Truste e Lawrence Haley said the liability insurance problem is likely to become more pressing in the future and asked w hether such a change would ultimately require a referendum Ely replied that the village attorney's research indicates the change could be made by a local law, which would include a public hearing but not a referendum Daniels suggested tha t further discussion be tabled until the May 27 meeting or continued in an executive session, if permissible To be concluded next week FOR RENT 3-bedroom apart­ ment in downtown Arcade. Stove, refrig­ erator, $200/month. 496-5013, days 492-4742, eve.'s Factory-Surplus Kitchen Light Oak Kitchen Inch Chefs Pantry Save 50% Pi/heiBfO/. m -,un ,TTTM ' v.\ n PTW ir. n Java Village 457-9721 Mr & Mrs. Paul Calteaux An Open ll«usi CVIi liratmn will bo brlcl mi Sund.is June I fmin .' ii [> 111 ,l! tin Mr\ L -. 1 ill , ri:. II. ill ..ii M nk. I K I lii hi.i. - Mr .urn Mr - Paul ( .iluaux i n ilif occasion of tlu'ir \illlh wedding anniversary Mr and Mr.-. ( allr aux are llii parents <if three daucli ter.s nine uramlt hililren and four great (,'r.imli hil dren Gifts are grntcfulU dei lined Trump Central Trust's MasterCard for preferred cus tomers beats the other banks hands down if YOU aren t a preferred customer already it's easy to become one Simply open a Cen tral Trust personal checking account NOW account, or Money Market account today Get the best deal m town You could save hundreds of dollars in o' annual fees Lowest annual percentage rate m the area 15.6°° annual fees and interest charges when vou\ transfer your current charge account bai ances to a Central Trust MasterCard account Why play around with a high-priced credit card when vou could have a trump card in vour pocket^ Stop bv your local Central Trust branch office or can 271 2290 and apply for your Central Trust MasterCard today Irving Bank Corporation Central TVust The bank with human interest. iwi m MemDP'FDiC

xml | txt