4 The Daily Tar HeelFriday, November 13, 1987
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A long line forms at lunchtime at the new Taco Bell on Franklin Street
For newly-opened Taco
Franklin Street bmsiness is hot
Bell
By BRIAN LONG
Assistant Business Editor
Chapel Hillians and students have
waited more than a year to eat
Mexican fast food on Franklin Street.
Now they must wait a little longer
this time in a line that stretches
out of the restaurant's doors.
Taco Bell opened in the former
Revco Drug store location Nov. 5,
and business has been as hot as
picante sauce. The restaurant seats
125, and those seats have been filling
up fast.
"As soon as we pop the doors,
weVe got a big line," said Paul
Driscoll, district manager for Taco
Bell.
He said the restaurant is supposed
to open at 10 a.m., but he has been
waiting to open until 11 a.m. so
employees can prepare extra food for
the rush. In addition, Driscoll said
he has been closing the store from
4 to 5 p.m. every day so staff can
gear up for the dinner crowd.
Taco Bell's location has played a
major role in its record-breaking
success in the Raleigh-Durham-Chapel
Hill area, Driscoll said.
"We knew it (Taco Bell) would be
busy because it would give students
an alternative type of meal," he said.
Despite the hordes of hungry
students and residents spending
money in Taco Bell at all hours of
the day, the restaurant has had a few
problems.
Taco Bell stayed open until 1 a.m.
during its first few nights, but
incidents of people stealing and
vandalizing store property forced
Driscoll to begin closing the store at
11 p.m.
"THE BEST THRILLER PVE SEEN IN YEARS
CLOSE AND DOUGLAS TURN IN THE PERFORMANCES OF
THEIR CAREERS...HIGH WIRE THRILLS:'- John Tibbctls. KCTV-TV. Kansas City
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CLEW CLOSE
Driscoll said he is thinking about
hiring a policeman to work at night
so the restaurant can stay open later.
"If it's a good, orderly crowd, well
stay open," he said.
Students have welcomed the new
restaurant with open mouths and
wallets.
"It's awesome . . . It's a new type
of fast food," said John Haney, a
sophomore from Rocky Mount. "It
beats the regular burgers."
Lowell Keith, a sophomore from
Naples, N.Y., said he also liked
having another fast-food choice on
Franklin Street.
"I hope it will stay open late again
so I can get some late-night mun
chies," he said. "Pizza gets old after
a while."
Nearby businesses seem pleased
with the new restaurant, too. "We
love it because it's helped our business
a lot," said Lisa Trust, assistant
manager at Whims Hallmark next
door to Taco Bell. "Since the lines
are so long, we haven't been (eating
lunch there), but eventually I'm sure
we will."
Driscoll said, "The lines move
pretty quickly. But the funny thing
is that people stand in line and . . .
don't even look at the menu until they
get to the cash register."
By AMY POWELL !
Staff Writer j
Commercial banking needs
further deregulation and should be
allowed in investment banking, a
First Union Corporation executive
said Wednesday. '
Edward Crutchfield, chief exec
utive officer of the Charlotte-based
corporation, spoke on trends in
commercial banking to about 60
people in Carroll Hall cjuring a
speech sponsored by tbi MBA
Student Association.
"The most serious thing we in
the banking industry face; is con
tinued deregulation," he said.
"Banks are being restricted by
legislation passed 50 years; ago to
protect them, and it is now: threat
ening them." f
The result, he said, is a 'decline
in profits for the banking industry.
"In my opinion, the only! people
who are protected by this 'legisla
tion are the six Wall Street firms
in New York," he said.
"We will see investment banking
merge with commercial banking,"
he said. "They are too kin to each
other." )
The United States is tlie only
country in the world that doesn
allow nationwide banking, he said.
But if nationwide banking was
possible, Crutchfield said he would
ASAyw,'.;:;
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Edward Crutchfield
like First Union to become what
he called "a super regional bank
which is bigger than a bread box
but smaller than the Dean Dome."
"I hope we have the makings to
expand West to become a
Southern bank and not just a
Southeast bank," he said.
First Union currently operates in
North Carolina, South Carolina,
Georgia, Florida and Tennesee.
"The marketplace gave us an
opportunity to go for it, and we
did," he said. "We made successful
investments that let us quadruple
the size of the bank in the last two-and-one-half
years."
First Union has gained $27
billion in assets in the last few years.
Cruthfield said banks can be in
a capital market without encoun
tering some drawbacks.
"Our strategy is to take non
recurring bond markets where you
win $500 million and buy good
banks in Florida, South Carolina,
Georgia and North Carolina," he
said. "Now that it is over, we are
taking flak for it, but any strategy
you have, you pay a price for."
Crutchfield got a degree in
economics from Davidson College
in 1963 and an MBA from the
University of Pennsylvania's
Wharton School of Finance in
1965.
He then joined First Union in
, 1965. Crutchfield became president
of the bank in 1973, and was the
youngest president of a major bank
in the United States at that time.
He was named chief executive
officer of the bank in 1978, pres
ident of the corporation in 1983,
chief executive officer of the
corporation in 1984 and received
the title of chairman in January
1985.
Women's Formm joins CGLA
to protest Martin's AIDS policy
From staff reports j J
The Women's Forum is assisting
the Carolina Gay and Lesbian Asso
ciation in a letter-writing campaign
to protest Governor Martini policy
on AIDS. '
"We felt AIDS is a risk ' not just
for homosexuals but to anyone,"
Alicia Hardin, co-chairwomein of the
Women's Forum, said Thursday.
The Women's Forum has the same
objections as the CGLA; to the
governer's proposed AIDS icurricu
lum. Both groups protest the omis
sion of solutions such as safe; sex and
condoms from the curriculum.
"Women as well as men wll be in
the dark on how to protect thenselves
from AIDS," said Patty Hearst, co
chairwoman of the Women's forum.
The proposed curriculum suggests
teaching abstinence from! kexual
activity, instead of safe sexL as the
way to avoid contracting the disease.
"It does not approach the problem
from a logical standpoint," Hardin
said. "The information should be
made available."
Drug policy
The two groups are soliciting
signatures on the letters at a table in
the Pit this week. Students can also
receive information on safe sex and
free condoms at the table.
from page 1
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drugs with intent to sell. dule I or II illegal drug would be
Students, faculty or employees suspended for a semester on the first
who sell, manufacture or deliver offense.
illegal drugs classified as Schedules Those caught possessing drugs
III through VI would be suspended classified as Schedule III through VI
on the first offense for at least one would be placed on probation on the
semester, and expelled or discharged first offense, and also be required to
on the second offense. participate in a counseling program
Students who are suspended can and undergo regular drug testing,
return to school at the discretion of "The probation is an alternative to
the chancellor, but will not receive suspension," Robinson said. "You're
'credit for' any "courses taken1 iduririg , agreeing to testing. If you dont agree,
the semester they were suspended. you can take the suspension."
"It's not doing time for the stu- Penalties of increasing severity, up
dent," said Richard Robinson, assist- to expulsion, would be imposed for
ant to UNC-system President CD. subsequent offenses involving illegal
Spangler. "It's losing the money he's drugs.
invested in the semester without The policy would also require
receiving any credit." UNC-system universities to establish
Faculty members or University and maintain drug education pro
employees would lose their pay for grams that highlight medical and
a penod equivalent to one semester, legal implications of drug use and its
Robinson said.
Anyone caught possessing a Sche-
RECYCLE
This Newspaper I
effects on personal and career goals.
Institutions must also provide
information about drug counseling
and rehabilitation services offered by
campus- and community-based
organizations, according to the
policy.
Tacos
Tmales
Enchiladas
Rice
Refried Beans
Rajitas Chicken Strips
Every Saturday
5-9 PM.
SHAII W 1506 East Franklin St.
liUilrIc) chapel Hill, NC
on
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by the 1 988 Yackety Yack Yearbook
portrait da es
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north Carol im
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Nov. 9-13
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Call 962-3912
or come br
Room 1 06J
Carolina
Union to
make an
appointmoit
99
Send in this coupon with a check or money order to thd
1988 Yackety Yack. Box 50, Carolina Union. Chapel Hill NC 2"
Fall 1988 Retumins Students 2.00
Non-Returning, Graduating Students (add $3 shipping) . . . . . 25.00
1900 VaclicSy Vocfi Vcmboolii
Box 50, Carolina Union, Chapel Hill NC 27599
Name -
Man i r
ES
' V:' ; JEWELERS GEMOLOGISTS
. Cold o Diamonds o Colored Stones o Silver
Come Check Our Selection-Then Compare
LArge Stock Much Made In Our Own Store
929-0330 I57A E. Franklin St. next to Rathskeller
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J Fri 7:1 5 9:50Sat & Sun 1 :1 5 3:1 5 5:1 5 7:1 5 9:50
imi numim TMT
IT ONLY LOOKS LIKE THE GOOD LIFE.
LESS THAW
ZERO
Andrew McCarthy
Jami Gertz
Robert Downey, Jr.
TWENTIETH R
CENTURY-FOX LSU
HELD OVER! Friday at 7:00 o 9:15
m:UUlih sat&sunat
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Perm. Address
EAST FRANKLIN STREET
942-3061
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