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Tuesday, December 10, 2013 – Daily News 5B Government sells remaining stake in GM DETROIT (AP) — The U.S. government ended up losing $10.5 billion on the General Motors bailout, but it says the alternative would have been far worse. The Treasury Department sold its final shares of the Detroit auto giant on Monday, recovering $39 billion of the $49.5 billion it spent to save the dying automaker at the height of the financial crisis five years ago. Without the bailout, the country would have lost more than a million jobs, and the economy could have slipped from recession into a depression, Treasury Secretary Jacob Lew said on a conference call with reporters. Now, the American auto industry is back, President Barack Obama said in a statement. ''Some of the most high-tech, fuel-efficient cars in the world are once again designed, engineered, and built right here in America — and the rest of the world is buying more of them than ever before,'' he said. The government received 912 million GM shares, or a 60.8 percent stake, in exchange for the bailout in 2008 and 2009. It began selling shares once GM went public again in November of 2010, and the pace picked up this year as the stock rose more than 40 percent. Last month, the government said it expected to sell its remaining 2 percent stake by the end of the year. Earlier Monday, Mark Reuss, GM's North American president, told reporters in Warren, Mich., that a government exit would boost sales, especially among pickup truck buyers. GM has said repeatedly that some potential customers have stayed away from its brands because they object to the government intervening in a private company's finances. Because of the bailout, GM had been tagged with the derisive nickname ''Government Motors.'' ''We will always be grateful for the second chance extended to us, and we are doing our best to make the most of it,'' GM Chairman and CEO Dan Akerson said in a statement. During the conference call, treasury officials shrugged off a question about whether GM should have been required to pay more because it has a large cash stockpile, saying that the bulk of the bailout money was converted to GM stock. Not doing the bailout would have cost the government more than it lost in missed tax revenue and payments for unemployment benefits and pensions, the officials said. The company now is sitting on $26.8 billion in cash and is considering restoration of a dividend. GM went through bankruptcy protection in 2009 and was cleansed of most of its huge debt, while stockholders lost their investments. Since leaving bankruptcy, GM has been profitable for 15 straight quarters, racking up almost $20 billion in net income on strong new products and rising sales in North America Naval academy chief discusses sexual assault case ANNAPOLIS, Md. (AP) — The U.S. Naval Academy superintendent said Monday that he decided to court-martial two midshipmen in a sexual assault case against a military judge's recommendation because it is his duty to make sure the charges are fully examined. Vice Adm. Michael Miller decided in October to court-martial Midshipman Eric Graham on a charge of abusive sexual contact and Midshipman Joshua Tate on a charge of aggravated sexual assault of a female midshipman during an off-campus party last year. He spoke of his decision for the first time publicly on Monday during a break at a meeting of the academy's Board of Visitors. ''I wanted to ensure that after all of the investment of the time here that we were able to say, yes, we looked at this in great detail and that either there was an offense or there was not, and the only way I could get to that was through a court-martial,'' Miller said when asked about his decision by The Associated Press. A military judge had recommended in a 171-page report that the cases not move forward. While the investigating officer found reasonable grounds to believe offenses may have been committed, he said heavy damage done to the alleged victim's testimony made it difficult ''if not impossible'' to prove the case beyond a reasonable doubt. Miller noted that the investigating officer did find reasonable grounds to believe an offense may have been committed by the two students. The superintendent said he believes it's important for students to feel comfortable that such allegations will be fully investigated. ''One of our constituencies, obviously, is the Brigade of Midshipmen, and so the idea that, you know, just because it is difficult in a trial by court-martial, well, that's why we have the trials,'' Miller said. ''The trials go through and they look to see the fair illumination of those type of details.'' He added the commander ''in a military unit is responsible for that good order and discipline.'' The case has received heightened attention at a time when Congress, the White House and the Pentagon are focusing on stamping out sexual assault in the military. Lawmakers are considering legislation that would remove commanders, including superintendents at the nation's military academies, from the process of deciding whether serious crimes such as sexual misconduct cases go to trial. Attorneys for the students have contended that political pressure has prompted the superintendent to court-martial the students, despite the investigating officer's recommendation not to move forward to trial after a hearing that ended in September. Miller said Monday that the investigating officer's report is legal advice, but that the ultimate decision rests with him as the superintendent. The alleged victim has said she was drinking and does not remember having sex with the men at the April 2012 party but heard about it later from others. Sanctuary sought for Iowa alligator WATERLOO, Iowa (AP) — Animal control officials in the Iowa city of Waterloo are seeking a new home for a baby alligator named Chompey. A resident of the eastern Iowa city of about 68,000 people bought the alligator after spotting an online advertisement, but he later learned state law does not allow people to keep alligators or other exotic animals, The Waterloo-Cedar Falls Courier reported Monday. The resident turned the gator in to animal control officials, who kept the creature in an aquarium while figuring out what to do with it. Then the gator started snapping and making noises. ''He was really kind of cute, but he was also kind of naughty,'' said Maria Tiller, Waterloo's code enforcement forewoman. ''I didn't want him in my office anymore.'' The alligator was moved to the Pawsitive Pet Care, a veterinary center, where staffed dubbed the animal ''Chompey.'' The alligator then was sent to a herpetologist in Des Moines, where the animal's being held in quarantine while staff seek a sanctuary in a warmer climate for Chompey. Josh Colvin, who heads animal control for Animal Rescue of Iowa, said alligator reports have dropped since the state ban on exotic animals was approved in 2007. Still, he said, people occasionally drop off gators. ''They just don't realize they are going to grow up and get big,'' Colvin said. ''The unfortunate part is that people don't think it through, and then animal control has to pick up the pieces.'' Iowa law also bans residents from owning lions, tigers, cougars, leopards, ocelots, elephants, bears, monkeys, crocodiles and some snakes. Exceptions can be made for zoos, circuses, fairs, animal shelters, veterinarians and researchers. and China. It also has invested $8.8 billion in U.S. facilities and has added about 3,000 workers, bringing U.S. employment to 80,000. GM shares rose 44 cents, or 1.1 percent, to $41.34 in afterhours trading following the announcement. They rose 1.8 percent in regular trading, at one point reaching $41.17, the highest level since GM's 2010 initial public offering. The auto bailout was part of the Troubled Asset Relief Program, with the bulk of the money going to financial institutions. Treasury said it spent $421.8 billion on bailouts and so far has recovered $432.7 billion, including the loss on GM. The Center for Automotive Research, an Ann Arbor, Mich., think tank, issued an updated report on Monday saying that if the government hadn't intervened and GM went out of business, nearly 1.9 million jobs would have been lost in 2009 and 2010. Federal and state governments also would have lost $39.4 billion in tax revenue and payments made for unemployment benefits and food stamps, the study said. But critics say the bailout put the government in a position to choose winners and losers when it should have stayed out of private business. ''The American people are tired of Washington politicians taking their hard-earned money, using it to make risky bets and pick winners and losers, and coming up short,'' U.S. Rep. Jeb Hensarling, RTexas, said in a statement. LEGAL NOTICE FICTITIOUS BUSINESS NAME STATEMENT File No. 2013000367 The following person(s) is (are) doing business as: ISLAND MHP, 35 Gilmore Road Red Bluff, CA 96080 RASNCC Holdings LLc Island Park Ltd. Series (a Delaware Limited Liability Company) 215 Mountaire Circle Clayton, CA 94517 The registrant commenced to transact business under the fictitious business name or names listed above on 11/25/13 This business is conducted by: A Limited Liability Company S/By: Robert Staehle Robert Staehle, Member This statement was filed with the County Clerk of Tehama County on 11/25/2013 BEVERLY ROSS Tehama County Clerk & Recorder Publish: December 3, 10, 17 & 24, 2013 LEGAL NOTICE FICTITIOUS BUSINESS NAME STATEMENT File No. 2013000361 The following person(s) is (are) doing business as: G & H RANCH 530 586-1052 7980 Hernandez Rd. Gerber, CA 96035 Gabe Alvarado 3695 Squaw Hill Rd. Corning, CA 96021 Hector Alvarado 8665 Fobes Dr. Antelope, CA 95843 The registrant commenced to transact business under the fictitious business name or names listed above on 3-27-12 This business is conducted by: CoPartners S/By: Gabe Alvarado Gabe Alvarado This statement was filed with the County Clerk of Tehama County on 11/20/2013 BEVERLY ROSS Tehama County Clerk & Recorder Publish: November 26, December 3, 10 & 17, 2013 LEGAL NOTICE Pursuant to Section 54972 of the California Government Code, notice is hereby given that vacancies have occurred on the following City of Red Bluff commissions: Planning Commission 1 vacancy (term to 12/31/16) expire Parks and Recreation Commission 2 vacancies 1 vacancy 12/31/15) (term to expire 1 Student appointment (one year term with an expiration date of 12/31/14) Interested parties may submit applications, which may be obtained at Red Bluff City Hall, 555 Washington Street, weekdays between 8 a.m. and 5 p.m. The closing date for receiving applications is Monday, December 23, 2013 at 5 p.m. Members of boards and commissions and consultants to state and local government agencies are also required by the City of Red Bluff's conflict of Interest Code to disclose their personal financial interests if they make or participate in making governmental decisions that could affect their private financial interests. For more information, contact the Deputy City Clerk's Office at 527-2605 ext. 3057. CHERYL L. SMITH Deputy City Clerk Publish: December 10, 12, 17, 2013 LEGAL NOTICE NOTICE OF TRUSTEE'S SALE TS#CA-13-2850-CS Order# 130180407-CA-API Loan# 9800949860 [PURSUANT TO CIVIL CODE Section 2923.3(a), THE SUMMARY OF INFORMATION REFERRED TO BELOW IS NOT ATTACHED TO THE RECORDED COPY OF THIS DOCUMENT BUT ONLY TO THE COPIES PROVIDED TO THE TRUSTOR.] NOTE: THERE IS A SUMMARY OF THE INFORMATION IN THIS DOCUMENT ATTACHED YOU ARE IN DEFAULT UNDER A DEED OF TRUST DATED 6/20/2008. UNLESS YOU TAKE ACTION TO PROTECT YOUR PROPERTY, IT MAY BE SOLD AT A PUBLIC SALE. IF YOU NEED AN EXPLANATION OF THE NATURE OF THE PROCEEDING AGAINST YOU, YOU SHOULD CONTACT A LAWYER. A public auction sale to the highest bidder for cash, cashier's check drawn on a state or national bank, check drawn by state or federal credit union, or a check drawn by a state or federal savings and loan association, or savings association, or savings bank specified in Section 5102 to the Financial code and authorized to do business in this state, will be held by duly appointed trustee. The sale will be made, but without covenant or warranty, expressed or implied, regarding title, possession, or encumbrances, to pay the remaining principal sum of the note(s) secured by the Deed of Trust, with interest and late charges thereon, as provided in the note(s), advances, under the terms of the Deed of Trust, interest thereon, fees, charges and expenses of the Trustee for the total amount (at the time of the initial publication of the Notice of Sale) reasonably estimated to be set forth below. The amount may be greater on the day of sale. BENEFICIARY MAY ELECT TO BID LESS THAN THE TOTAL AMOUNT DUE. Trustor(s): JOSE DE JESUS GARCIANO, AN UNMARRIED MAN Recorded: 6/27/2008 as Instrument No. 2008009018 in book xxx, page xxx of Official Records in the office of the Recorder of TEHAMA County, California; Date of Sale: 1/9/2014 at 2:00 PM Place of Sale: At the main entrance to the Tehama County Courthouse, 633 Washington Street, Red Bluff, CA 96080 Amount of unpaid balance and other charges: $126,790.26 The purported property address is: 23135 RENO AVENUE GERBER, CA 96035 Assessor's Parcel No. 063090-201 NOTICE TO POTENTIAL BIDDERS: If you are considering bidding on this property lien, you should understand that there are risks involved in bidding at a trustee auction. You will be bidding on a lien, not on the property itself. Placing the highest bid at a trustee auction does not automatically entitle you to free and clear ownership of the property. You should also be aware that the lien being auctioned off may be a junior lien. If you are the highest bidder at the auction, you are or may be responsible for paying off all liens senior to the lien being auctioned off, before you can receive clear title to the property. You are encouraged to investigate the existence, priority, and size of outstanding liens that may exist on this property by contacting the county recorder's office or a title insurance company, either of which may charge you a fee for this information. If you consult either of these resources, you should be aware that the same lender may hold more than one mortgage or deed of trust on the property. NOTICE TO PROPERTY OWNER: The sale date shown on this notice of sale may be postponed one or more times by the mortgagee, beneficiary, trustee, or a court, pursuant to Section 2924g of the California Civil Code. The law requires that information about trustee sale postponements be made available to you and to the public, as a courtesy to those not present at the sale. If you wish to learn whether your sale date has been postponed, and, if applicable, the rescheduled time and date for the sale of this property, you may call (714) 730-2727 or visit this Internet Web site www.lpsa sap.com, using the file number assigned to this case CA-132850-CS. Information about postponements that are very short in duration or that occur close in time to the scheduled sale may not immediately be reflected in the telephone information or on the Internet Web site. The best way to verify postponement information is to attend the scheduled sale. The undersigned Trustee disclaims any liability for any incorrectness of the property address or other common designation, if any, shown herein. If no street address or other common designation is shown, directions to the location of the property may be obtained by sending a written request to the beneficiary within 10 days of the date of first publication of this Notice of Sale. If the Trustee is unable to convey title for any reason, the successful bidder's sole and exclusive remedy shall be the return of monies paid to the Trustee, and the successful bidder shall have no further recourse. If the sale is set aside for any reason, the Purchaser at the sale shall be entitled only to a return of the deposit paid. The Purchaser shall have no further recourse against the Mortgagor, the Mortgagee, or the Mortgagee's Attorney. Date: 11/25/2013 SUMMIT MANAGEMENT COMPANY, LLC 16745 W. Bernardo Dr., Ste. 100 San Diego, CA 92127 (866) 248-2679 (For NON SALE information only) Sale Line: (714) 7302727 or Login to: www.lpsasap.c om Reinstatement Line: (866) 248-2679 Megan Cooper, Trustee Sale Officer If you have previously been discharged through bankruptcy, you may have been released of personal liability for this loan in which case this letter is intended to exercise the note holders right's against the real property only. THIS NOTICE IS SENT FOR THE PURPOSE OF COLLECTING A DEBT. THIS FIRM IS ATTEMPTING TO COLLECT A DEBT ON BEHALF OF THE HOLDER AND OWNER OF THE NOTE. ANY INFORMATION OBTAINED BY OR PROVIDED TO THIS FIRM OR THE CREDITOR WILL BE USED FOR THAT PURPOSE. As required by law, you are hereby notified that a negative credit report reflecting on your credit record may be submitted to a credit report agency if you fail to fulfill the terms of your credit obligations. A-4430527 Publish: 12/10/2013, 12/17/2013, 12/24/2013 LEGAL NOTICE TRUSTEE'S SALE APN: 078310321 TS No: CA09002658-12-2 TO No: 8338806 NOTICE OF TRUSTEE'S SALE YOU ARE IN DEFAULT UNDER A DEED OF TRUST DATED July 20, 2006. UNLESS YOU TAKE ACTION TO PROTECT YOUR PROPERTY, IT MAY BE SOLD AT A PUBLIC SALE. IF YOU NEED AN EXPLANATION OF THE NATURE OF THE PROCEEDINGS AGAINST YOU, YOU SHOULD CONTACT A LAWYER. On December 30, 2013 at 01:00 PM, Main Entrance of the Tehama County Superior Court, 633 Washington St., Red Bluff, CA 96080, MTC Financial Inc. dba Trustee Corps, as the duly Appointed Trustee, under and pursuant to the power of sale contained in that certain Deed of Trust Recorded on August 1, 2006 as Instrument No. 2006015468 of official records in the Office of the Recorder of Tehama County, California, executed by RUSSELL THOMAS, AN UNMARRIED MAN, as Trustor(s), MORTGAGE ELECTRONIC REGISTRATION SYSTEMS. INC as nominee for MORTGAGEIT, INC as Beneficiary, WILL SELL AT PUBLIC AUCTION TO THE HIGHEST BIDDER, in lawful money of the United States, all payable at the time of sale, that certain property situated in said County, California describing the land therein as: AS MORE FULLY DESCRIBED IN SAID DEED OF TRUST The property heretofore described is being sold "as is". The street address and other common designation, if any, of the real property described above is purported to be: 7510 BRANDEE LANE, LOS MOLINOS, CA 96055 The undersigned Trustee disclaims any liability for any incorrectness of the street address and other common designation, if any, shown herein. Said sale will be made without covenant or warranty, express or implied, regarding title, possession, or encumbrances, to pay the remaining principal sum of the Note(s) secured by said Deed of Trust, with interest thereon, as provided in said Note(s), advances if any, under the terms of the Deed of Trust, estimated fees, charges and expenses of the Trustee and of the trusts created by said Deed of Trust. The total amount of the unpaid balance of the obligations secured by the property to be sold and reasonable estimated costs, expenses and advances at the time of the initial publication of this Notice of Trustee's Sale is estimated to be $270,837.94 (Estimated). However, prepayment premiums, accrued interest and advances will increase this figure prior to sale. Beneficiary's bid at said sale may include all or part of said amount. In addition to cash, the Trustee will accept a cashier's check drawn on a state or national bank, a check drawn by a state or federal credit union or a check drawn by a state or federal savings and loan association, savings association or savings bank specified in Section 5102 of the California Financial Code and authorized to do business in California, or other such funds as may be acceptable to the Trustee. In the event tender other than cash is accepted, the Trustee may withhold the issuance of the Trustee's Deed Upon Sale until funds become available to the payee or endorsee as a matter of right. The property offered for sale excludes all funds held on account by the property receiver, if applicable. If the Trustee is unable to convey title for any reason, the successful bidder's sole and exclusive remedy shall be the return of monies paid to the Trustee and the successful bidder shall have no further recourse. Notice to Potential Bidders If you are considering bidding on this property lien, you should understand that there are risks involved in bidding at a Trustee auction. You will be bidding on a lien, not on the property itself. Placing the highest bid at a Trustee auction does not automatically entitle you to free and clear ownership of the property. You should also be aware that the lien being auctioned off may be a junior lien. If you are the highest bidder at the auction, you are or may be responsible for paying off all liens senior to the lien being auctioned off, before you can receive clear title to the property. You are encouraged to investigate the existence, priority, and size of outstanding liens that may exist on this property by contacting the county recorder's office or a title insurance company, either of which may charge you a fee for this information. If you consult either of these resources, you should be aware that the same Lender may hold more than one mortgage or Deed of Trust on the property. Notice to Property Owner The sale date shown on this Notice of Sale may be postponed one or more times by the Mortgagee, Beneficiary, Trustee, or a court, pursuant to Section 2924g of the California Civil Code. The law requires that information about Trustee Sale postponements be made available to you and to the public, as a courtesy to those not present at the sale. If you wish to learn whether your sale date has been postponed, and, if applicable, the rescheduled time and date for the sale of this property, you may call Auction.com at 800.280.2832 for information regarding the Trustee's Sale or visit the Internet Web site address www.Auction.com for information regarding the sale of this property, using the file number assigned to this case, CA09002658-12-2. Information about postponements that are very short in duration or that occur close in time to the scheduled sale may not immediately be reflected in the telephone information or on the Internet Web site. The best way to verify postponement information is to attend the scheduled sale. Date: November 25, 2013 TRUSTEE CORPS TS No. CA09002658-122 17100 Gillette Ave Irvine, CA 92614 949-252-8300 Lupe Tabita, Authorized Signatory SALE INFORMATION CAN BE OBTAINED ONLINE AT www.Auction.com FOR AUTOMATED SALES INFORMATION PLEASE CALL: AUCTION.COM at 800.280.2832 TRUSTEE CORPS MAY BE ACTING AS A DEBT COLLECTOR ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION OBTAINED MAY BE USED FOR THAT PURPOSE. P1072618 Publish: 12/3, 12/10, 12/17/2013 CHECK OUT THE✓✓✓✓ CLASSIFIED