Red Bluff Daily News

January 27, 2012

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Friday, January 27, 2012 – Daily News 5B A brief morning rally Thursday pushed the Dow Jones industrial average above its highest close since the financial crisis of 2008, but dis- appointing economic data tem- pered traders' optimism later in the day, and stocks finished lower. Solid news on factory orders and strong earnings from U.S. manufacturers, highlighting one of the economy's bright spots, helped the market open higher. The Dow rose 85 points. Legal Notices Legal Notices LEGAL NOTICE NOTICE OF TRUSTEE'S SALE TS No. 11-0120562 Title Order No. 110502641 Investor/Insurer No. 1705628178 APN No. 006-340-141 YOU ARE IN DEFAULT UNDER A DEED OF TRUST, DATED 11/19/2007. 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." Notice is hereby given that RECONTRUST COMPANY, N.A., as duly appointed trustee pursuant to the Deed of Trust executed by MARY ANN ESSER, AN UNMARRIED WOMAN, dated 11/19/2007 and recorded 11/26/2007, as Instrument No. 2007020705, in Book , Page ), of Official Records in the office of the County Recorder of Tehama County, State of California, will sell on 02/21/2012 at 2:00 PM, At the main entrance to the Tehama County Courthouse, 633 Washington Street, Red Bluff, CA 96080 at public auction, to the highest bidder for cash or check as described below, payable in full at time of sale, all right, title, and interest conveyed to and now held by it under said Deed of Trust, in the property situated in said County and State and as more fully described in the above referenced Deed of Trust. The street address and other common designation, if any, of the real property described above is purported to be: 18825 TABITHA COURT, COTTONWOOD, CA, 96022. The undersigned Trustee disclaims any liability for any incorrectness of the street address and other com- mon designation, if any, shown herein. The total amount of the unpaid balance with interest thereon of the obligation se- cured by the property to be sold plus reasonable estimated costs, expenses and advances at the time of the initial publica- tion of the Notice of Sale is $307,785.44. It is possible that at the time of sale the opening bid may be less than the total in- debtedness due. In addition to cash, the Trustee will accept cashier's checks 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 asso- ciation, or savings bank speci- fied in Section 5102 of the Finan- cial Code and authorized to do business in this state. Said sale will be made, in an ''AS IS'' con- dition, but without covenant or warranty, express or implied, re- garding title, possession or en- cumbrances, to satisfy the in- debtedness secured by said Deed of Trust, advances thereunder, with interest as pro- vided, and the unpaid principal of the Note secured by said Deed of Trust with interest thereon as provided in said Note, plus fees, charges and ex- penses of the Trustee and of the trusts created by said Deed of Trust. DATED: 01/22/2012 RECONTRUST COMPANY, N.A. 1800 Tapo Canyon Rd., CA6-914- 01-94 SIMI VALLEY, CA 93063 Phone: (800) 281 8219, Sale Infor- mation (626) 927-4399 By: Trust- ee's Sale Officer RECONTRUST COMPANY, N.A. is a debt collec- tor attempting to collect a debt. Any information obtained will be used for that purpose. ASAP# FNMA4182574 02/03/2012, 02/10/2012 01/27/2012, Dow opens near post-crisis peak but ends lower Wall Street But the Dow and broader indexes turned negative after weaker reports on home sales and future economic growth were released in the late morn- ing. The Dow closed down 22.33 points, or 0.2 percent, at 12,734.63. The Dow and other indexes are still up sharply for the year, and for about 45 minutes Thurs- day morning, the Dow traded above 12,810.54, its peak from CHECK OUT THE CLASSIFIED Legal Notices Legal Notices L E G A L N O T I C E NOTICE IS HEREBY GIVEN that pursuant to California Govern- ment Code Section 54992, 54994.1, and 54994.2, the City Council of the City of Red Bluff will hold a public hearing at 7 p.m., or as soon thereafter as possible, on Tuesday, February 7, 2012, in the Council Chambers of City Hall, at 555 Washington Street, Red Bluff, California. The matter to be considered is pos- sible applications for funding under the next fiscal year's (July 1, 2012 to June 30, 2013) State Community Block Grant (CDBG) Program, and to solicit citizen input on possible activities to be included in the application. The Community Development and Economic Development Al- locations of the State CDBG pro- gram will publish a combined "Notice of Funding Availability" (NOFA) each program year. Eligi- ble cities and counties may sub- mit applications for CDBG finds under the NOFA. It is estimated that up to $2,000,000 will be available in total. The Economic Development "Over the Coun- ter" (OTC) Allocation requires a separate application with a maximum limit of $3,000,000 per year. ELIGIBLE ACTIVITES UNDER THE ABOVE ALLOCATIONS IN THE NOFA HOMEOWNERSHIP ASSISTANCE AND HOUSING REHABILITATION PROGRAMS; PUBLIC FACILITY AND PUBLIC IMPROVEMENTS PROJECTS (INCLUDING PUBLIC IMPROVEMENTS IN SUPPORT OF NEW HOUSING CONSTRUCTION); PUBLIC SERVICE PROGRAMS, PLANNING STUDIES, ECONOMIC DEVELOPMENT BUSINESS ASSIS- TANCE AND MICROENTERPRISE ACTIVITIES. CONSIST OF: ELIGIBLE ACTIVITIES PAID FOR WITH STATE CDBG FUNDS MUST MEET ONE OR MORE OF THE THREE NATIONAL OBJECTIVES LISTED IN CEBG FEDERAL STAT- UES AS FOLLOWS: BENEFIT TO LOW INCOME HOUSEHOLDS OR PERSONS; ELIMINATION OF SLUMS AND BLIGHT; OR MEET- ING URGENT COMMUNITY DE- VELOPMENT NEED. The City of Red Bluff anticipates submitting an application under the NOFA. The purpose of this public hearing is to give citizens an opportunity to make their comments known regarding what types of eligible activities the City of Red Bluff should ap- ply for under the State CDBG program. A separate public hearing will be held to discuss and approve the application pri- or to submittal to the State. Interested parties may appear and be heard. If the above ac- tions are challenged in court, you may be limited to raising only those issues that were raised at the public hearing or in writing delivered to the City Council at or prior to the public hearing. Dated: January 25, 2012 Cheryl Smith Deputy City Clerk Publish: January 27, 2012 last year and the highest close since the spring before the 2008 financial crisis. Traders appear less afraid of spillover damage from the Euro- pean debt crisis, and data on jobs and manufacturing have been consistently strong. The Dow is up more than 4 percent for the year. ''With global risk off center stage and attention going back to the fundamentals, this market was ready to explode, which is exactly what it is doing,'' said D NEWSAILY Website: RED BLUFF TEHAMACOUNTY T H E V O I C E O F T E H A M A C O U N T Y S I N C E 1 8 8 5 redbluffdailynews.com E-Mail: advertise@redbluffdailynews.com Legal Notices Legal Notices LEGAL NOTICE TO ADMINISTER ESTATE OF Jeffrey H. Kelly NOTICE OF PETITION To all heirs, beneficiaries, cred- itors, contingent creditors, and persons who may otherwise be interested in the will or estate, or both, ofJeffrey H. Kelly A Petition for Probate has been filed byArielle L. Kelly in the Su- perior Court of California, Coun- ty of TEHAMA THE PETITION FOR PROBATE requests that Arielle L. Kelly be appointed as personal representative to administer the estate of the decedent. The petition requests the decedent¹s will and codicils, if any, be admitted to probate. The will and any codicils are availa- ble for examination in the file kept by the court. The petition requests authority to administer the estate under the Independent Administration of Estates Act. (This authority will allow the personal repre- sentative to take many actions without obtaining court appro- val. Before taking certain very important actions, however, the personal representative will be required to give notice to inter- ested persons unless they have waived notice or consented to the proposed action.) The inde- pendent administration authori- ty will be granted unless an in- terested person files an objec- tion to the petition and shows good cause why the court should not grant the authority. A hearing on the petition will be held in this court as follows: January 30, 2012 at 1:30 p.m. in Dept. 3 located at 633 Washing- ton Street, P.O. Box 310, Red Bluff, CA 96080 If you object to the granting of the petition, you should appear at the hearing and state your objections or file written objections with the court before the hearing. Your appearance may be in person or by your attorney. If you are a creditor or a contin- gent creditor of the decedent, you must file your claim with the court and mail a copy to the personal representative ap- pointed by the court within four months from the date of first is- suance of letters as provided in Probate Code section 9100. The time for filing claims will not ex- pire before four months from the hearing date noticed above. You may examine the file kept by the court. If you are a person interested in the estate, you may file with the court a Re- quest for Special Notice (form DE-154) of the filing of an inven- tory and appraisal of estate as- sets or of any petition or ac- count as provided in Probate Code section 1250. A Request for Special Notice form is available from the court clerk. Attorney for petitioner Liberty Law, A.P.C. Shawn McCammon, Esq 2150 N. Main Street, Ste 10 Red Bluff, CA 96080 CASE NO. 14773 Publish: January 13, 20 & 27, 2012 Obama-Brewer friction on display on tarmac tiff GLENDALE, Ariz. (AP) — Arizona Gov. Jan Brew- er says she meant no disrespect when she pointed a fin- ger at President Barack Obama during an intense dis- cussion on an airport tarmac. But the Republican gov- ernor says the Democratic president showed disrespect for her by abruptly ending their conversation. The brief encounter — out of earshot of observers but captured on camera — was a highly visible demon- stration of the verbal and legal skirmishing that has reg- ularly occurred between Brewer and Obama's adminis- tration over illegal immigration and other issues. Airport arrivals for presidents normally involve mere pleasantries between those involved, but Brewer and Obama have a history. And part of that history is what apparently got things going, according to accounts pro- vided by Brewer and the White House. Brewer said that during their talk, she invited Obama to visit Arizona to hear about her administration's achievements and to visit the U.S.-Mexico border, which has been a point of friction between the two because of illegal immigration issue. Obama then said Brewer's recently published book mischaracterized a 2011 White House meeting between them. Brewer said in an interview Thursday, at another Phoenix-area airport, that she talks a lot with her hands and that her pointing a finger at Obama during their conversation wasn't disrespectful. ''I respect the office of the president,'' she said. ''I redbluffdailynews.com/jobs D NEWSAILY RED BLUFF TEHAMACOUNTY was there to welcome him.'' She said she was grateful for the visit and intended to talk to him about the state's accomplishments. But she said she was ''taken aback by his comments'' when he said he wasn't happy with how her book described their White House meeting. Immediately after the meeting, Brewer had said it was cordial, but her book said Obama lectured Brewer in the Oval Office and that she felt he was condescend- ing toward her. ''It is what it is. I proceeded to say that to him, and he chose to walk away from me,'' she said Thursday. Doug Cote, chief market strate- gist with ING Investment Man- agement. The government reported early Thursday orders to facto- ries for long-lasting manufac- tured goods increased in Decem- ber for the second straight month, and a key measure of business investment rose solidly. That strong demand was apparent in quarterly earnings reports from U.S. manufacturers. 3M stock closed 1.3 percent higher after its fourth-quarter profit beat Wall Street's esti- mates. Caterpillar, the world's biggest heavy equipment maker, rose 2.1 percent, the most of the 30 companies in the Dow, after beating analysts' estimates last quarter. The company expects to do the same this year as global demand remains high. Later in the day, the govern- ment reported an unexpected drop in new home sales in December, capping the worst year for home sales since record- keeping began in 1963. A private gauge of future economic activi- ty also grew more slowly than expected. 3M and Caterpillar led the gains for the Dow. AT&T dragged the average lower, falling 2.5 percent after its earn- ings missed Wall Street's fore- casts. AT&T depends heavily on the Apple iPhone but recently lost its exclusive rights to sell it in the U.S. The Dow's post-crisis high during the trading day was 12,928.45, reached May 2, 2011. It traded as high as 12,841.95 on Thursday. The average would need to rise about 11 percent to get to its record high close of 14,164.53, reached on Oct. 9, 2007. The Standard & Poor's 500 closed down 7.63 points, or 0.6 percent, at 1,318.43. It was dragged lower by volatile finan- cial companies and telecommu- nications firms including AT&T. Its post-crisis peak was 1,370.58, also set May 2, 2011. The Nasdaq shed 13.03 points, or 0.5 percent, to close at 2,805.28. Stocks had their highest close in eight months Wednesday after the Federal Reserve said it plans to keep interest rates extremely low until late 2014 to encourage lending and investment and sup- port the economic recovery. The yield on the 10-year Trea- sury note fell to 1.93 percent late Thursday from 1.99 percent late Wednesday. The prospect of more bond-buying by the Fed helped make Treasurys more attractive. A bond's yield falls as demand for it increases. Among the other U.S. compa- nies making big moves after reporting quarterly earnings: — Time Warner Cable Inc. rose 7.8 percent after the compa- ny reported earnings far above analysts' estimates. It also raised its dividend 17 percent to 56 cents per share and announced plans to buy back more of its own stock. — United Continental Hold- ings, parent of United and Conti- nental airlines, surged 6.3 per- cent. Its fourth-quarter loss nar- rowed, its adjusted earnings were more than double what analysts had expected, and the cost of integrating the two companies fell. — Netflix soared 22.1 per- cent, the most of any stock in the S&P 500, after the video stream- ing and DVD-by-mail company reported a huge gain in cus- tomers and a bigger fourth-quar- ter profit than analysts had expected. — Colgate-Palmolive rose 1.9 percent after saying it will raise prices in the U.S. for the first time in years to cover higher costs for materials. The compa- ny's profit declined last quarter, but core sales in emerging mar- kets were much stronger. ✓✓✓✓

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