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Friday Afternoon News, June 14

Newell Fatal Accident

(Storm Lake) -- Buena Vista County authorities are reporting a fatal traffic accident occurred Thursday evening at about 6:00 p.m. The accident involved a semi truck and trailer and a pickup truck and it happened on Highway 7, south of Newell.  82 year old Robert Schraeder of Woodbine was the driver of the pickup.  The investigation shows that Schraeder pulled out onto Highway 7 in front of the semi truck being driven by 25 year old David Iehl of Lakeside. Schraeder was pronounced dead at the scene and his passenger, 78 year old Lois Schraeder reported suffering minor injuries. Iehl also had minor injuries.


Sgt. Bluff Man Pleads Guilty To Conterfeiting

SIOUX CITY, Iowa (AP) - A 27-year-old Sergeant Bluff man has pleaded guilty in his counterfeiting and chase case.
Brandon Miller pleaded guilty on Thursday to forgery, eluding police and assaulting an officer. Miller faces up to 15 years in prison when he's sentenced July 22.
Authorities say Miller was driving a pickup while fleeing officers in Sioux City and North Sioux City, S.D., in March. Authorities say Miller crashed the truck into a parked car and two police cars, injuring a deputy.
Police say Miller, Alison Daugherty and Shaun Wakefield had used counterfeit bills before the chase began. Police say Daugherty and Wakefield tossed counterfeit cash out the truck window during the

chase. The pair are scheduled to begin trial later this month. They live in Sioux City.


Five Tornadoes Hit Iowa On Wednesday

MASON CITY, Iowa (AP) - Assessment teams have confirmed that at least five tornadoes touched down in north-central Iowa.
Officials say no injuries or deaths have been reported from Wednesday's storms, which damaged homes, businesses and farm buildings.
One that hit within a mile of Belmond rated EF3 on the tornado scale, with winds of 155 mph. Meteorologists say its 200-yard-wide path ran for eight miles.
Another that came down near Belmond was rated EF0, which on the scale means the winds ranged from 65 to 85 mph.
A third tornado struck the ground about a mile north of Alexander, carrying winds estimated at 112 mph, damaging some farm buildings.
Two tornadoes reported near Hampton were rated as an EF1, with 90 mph winds, and an EF0, with winds up to 70 mph.

Court Decision Affects Minority Shareholders

DES MOINES, Iowa (AP) - An Iowa Supreme Court decision in a dispute over the value of shares in a farm business two cousins inherited from their fathers gives additional clout to minority shareholders in closely held family businesses and could have wide-sweeping effect on inherited family business operations.
The court's decision released Friday centers on cousins Jack and Bob Baur who have argued over the value of Jack's shares in Baur Farms Inc. since the early 1990s.
Jack Baur sued alleging Bob and the farm corporation engaged in oppressive conduct by refusing to buy Jack's shares at a fair market value.
The high court says minority shareholders may reasonably expect to share proportionally in a corporation's gains, setting a new standard in disputes over the value of shares in family corporations.


Lawyers Suspended For Excessive Fees

IOWA CITY, Iowa (AP) - The Iowa Supreme Court has suspended two lawyers for charging excessive fees to a mentally ill Vietnam veteran whose affairs they helped manage for three decades.
The court said Keota law partners Donald Laing and Scott Railsback claimed too many hours for managing the conservatorship of John Klein and charged excessive rates for performing services that didn't require legal training. Justices suspended the licenses of Laing and Railsback for 18 months.
Laing was appointed Klein's conservator in 1974 after Klein inherited farmland and other property from his mother's death. He didn't have a legal guardian, and Laing and Railsback helped care
for him.
The court says the attorneys "sincerely attempted to make Klein's life better" but went wrong in applying for excessive fees, even if a judge approved them annually.


More Iowa Flooding Expected

GREENE, Iowa (AP) - Northern Iowa cities are bracing for another possible round of flooding over the weekend as a storm system is expected to dump additional rain on already full rivers and streams.
The National Weather Service has issued a flash flood watch for about 28 counties stretching from Spencer to the northeast corner of the state.
A flood warning was issued Friday for the Cedar and Shell Rock rivers in areas including Cedar Falls, Waterloo, and Shell Rock.
Some business owners in Greene are moving merchandise and equipment to higher ground.
Greene River Days, the annual town festival scheduled for Friday and Saturday, is being held at the town's community center because the original location at Perrin Park is under water.


Chester Releases Sewage Into River

CHESTER, Iowa (AP) - The Department of Natural Resources says sewage is being sent into the Upper Iowa River as crews work to repair a broken sewer main in the small northern Iowa city of Chester.
The DNR says sewage began flowing into the river Friday morning but that the flow of wastewater would likely end later in the day when workers complete repairs on a 6-inch main.
It's unclear how much sewage was entering the river.
The DNR says people and pets should avoid the Upper Iowa River near Chester for at least the next 24 hours, though the agency notes the river is running very high, and it's unlikely many people
would enter it this weekend.




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