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CALIFORNIA | LOCAL
March 9, 1988
Los Angeles' landmark "Jesus Saves" church was sold Tuesday for the third time in three weeks, this time to a partnership of American and Japanese firms that plans to raze the building and erect high-rise offices. A joint venture of the Koll Co. and Ohbayashi America paid $23.5 million for the 72-year-old Church of the Open Door building, providing a quick $2.5-million profit for developer John Severson.
CALIFORNIA | LOCAL
March 9, 1988
Los Angeles' landmark "Jesus Saves" church was sold Tuesday for the third time in three weeks, this time to a partnership of American and Japanese firms that plans to raze the building and erect high-rise offices. A joint venture of the Koll Co. and Ohbayashi America paid $23.5 million for the 72-year-old Church of the Open Door building, providing a quick $2.5-million profit for developer John Severson.
CALIFORNIA | LOCAL
February 6, 1991 | From Times Staff and Wire Reports
The Shasta County district attorney will investigate the death of a 4-month-old boy who died of meningitis after his parents tried to heal him by praying rather than taking him to a doctor, police said. Detective John Severson said a neighbor who was concerned about the baby's lingering illness summoned Redding police officers to the apartment of the Northrup family, but he was dead when they arrived.
BUSINESS
April 12, 1985
Daniel G. Kelly Jr. was named vice president, general counsel and secretary of Kaufman & Broad, Los Angeles. He is a former senior vice president of the investment banking division of Lehman Bros. Occidental Petroleum, Los Angeles, named Frank Ashley vice president-communications. John Severson was appointed controller and acting chief financial officer for Jet America Airlines, Long Beach. Micom Systems, Simi Valley, named Bertram H. Witham a director. He is a former treasurer of IBM. Louis J.
BUSINESS
August 11, 1998 | ROSE APODACA JONES, SPECIAL TO THE TIMES
A rapidly expanding Los Angeles magazine publisher said Monday it acquired Surfer magazine, the San Juan Capistrano-based monthly that is the oldest publication devoted to the sport. Petersen Publishing Co. said it bought Surfer Publications, which publishes Surfer and several other magazines devoted to so-called extreme sports. Terms were not disclosed. The transaction is the latest in a buying spree at Petersen, which is moving to bolster its Raw Sport Group.
BUSINESS
February 18, 1997 | GREG JOHNSON
Since 1990, the Surf Industry Manufacturers' Assn. annual fund-raiser has generated more than $1 million for ocean preservation projects, including American Oceans, Surfrider Foundation and the Orange County Marine Institute in Dana Point. This year's Waterman's Ball will be May 10 at the Red Lion Hotel/Orange County Airport in Costa Mesa, and members expect to generate another $200,000 that will be donated to environmental groups.
BUSINESS
July 30, 1998 | ROSE APODACA JONES, SPECIAL TO THE TIMES
The owners of Surfer magazine are considering selling the San Juan Capistrano-based monthly, the oldest publication devoted to the Southland's signature sport. Surfer Publications, a subsidiary of For Better Living, an Auburn company, has hired an investment banking firm to explore financing options. Besides Surfer, which made its debut in 1959, the division's holdings consist of several magazines devoted to the so-called extreme sports, including Snowboarder, Skateboarder, Powder and Bike.
BUSINESS
July 29, 1998 | ROSE APODACA JONES, SPECIAL TO THE TIMES
The owners of Surfer magazine are considering selling the San Juan Capistrano-based monthly, the oldest publication devoted to the Southland's signature sport. For Better Living, an Auburn, Calif., company that has owned Surfer for about 30 years, has hired an investment banking firm to explore financing options, including the sale, partial sale or partnership deals involving its Surfer Publications unit.
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