The Daily Tar HeelThursday, October 5, 19895 1 i I I I .1 Stocks 2771.09 up16.53 Volume: 194 million shares COMPANY CLOSE CHANGE HIGH LOW WK.AGO BellSouth 55 14 78 55 12 54 14... 53 78 Duke Power 51 58 14 51 34 51 14 50 78 Food Lion 12 12 18 12 11 585 C Ligget 10 78 18 10 78 10 34 10 78 ' NCNBCorp. 52 14 - 4 ' 52 38 52 18. ; 51 38 27251 2700 nTT 2675 fscs i ;i i 2650 j iJ.:l lJ ! Fl 2625 ft L; i f . j j j i j 2600 p. t fJ j ' ; : ; ! 1 - 2575 i :J F 1 i jj M 2550 ' ! - ; " f j L ; j j . 2525 . Fj P lZ ! i ! I iJ 2500 r ' I j I ? j F I f ! I 1 r I : 719 726 82 89 816 823 830 96 913 927 DTH Graphic Source: Edward D. Jones, Chapel Hill 3 V pens omideir new 'owner jut ' bar's fyfare still on certain By CRAIG ALLEN and LISA ANTONUCCI Staff Writers Despite rumors of its demise, Troll's Bar lives. After a two-week hiatus that included the filing of a civil suit against the corporation that owns the bar and the corporation's subsequent breakup, Troll's Bar opened last Friday night to a crowd of patrons. Troll's Bar, a pub known for its unpretentious decor and atmosphere, is located at 157 E. Rosemary St. When it was closed recently, rumors circulated about town that the bar was closed and would not reopen. But despite problems in past weeks, the bar is open for business. One of the problems stemmed from a civil suit filed against Troll's Inc. by the owners of the building where the bar is located. According to the Chapel Hill Clerk of Court office, a suit for the eviction of Troll's Inc., the corporation that owned the bar, was filed by Paliouras Enter prises. The suit charges that Troll's Inc. failed to pay rent on the property, which "No matter who ends up with (Troll's), it's going to be much the same bar." Jim Paliouras, co-owner of Paliouras Enterprises violated the bar's lease. A hearing on the matter is set for next Monday in the Chapel Hill Small Claims Court. According to Jim Paliouras of Pali ouras Enterprises, the entire situation was confusing for everyone involved. Paliouras said the original lease to Troll's Inc. was defaulted after rent payments were not received. A subsequent lease was granted to Gary Hughes, a former member of Troll's Inc., after he assumed owner ship of the bar. Paliouras said that lease defaulted because of late rent payments. Paliouras said the possibility of a third lease, to be granted to another party, made the entire situation very complicated. Many questions are left unanswered and the problem has not been resolved, Paliouras said. He said next week's hearing would clear up most of the questions. Buthe assured faithful Troll's customers the bar would remain in some form in the meantime. "It's a very complex situation," Pali ouras said. "But, no matter who ends up with it, it's going to be much the same bar." The suit is not the only problem that complicated the bar's existence. Troll's Inc., the corporation that once owned the bar, has been dissolved, said Gary Hughes, the bar's present owner. According to Hughes, his former partner sold his share of the business to him, which made Hughes the sole owner. Hughes later changed the name to Fred's Bar. The name change stems from legal reasons surrounding the breakup of the partnership, Hughes said. Although Hughes' former partner has apparently been served with papers detailing Paliouras Enterprises's suit against Troll's Inc., Hughes said he had not received any details and would not comment further on the suit. He would not specify the reasons for the Troll's Inc. breakup except to say there were personal differences between he and his former partner. Hughes said the bar would be oper ating at regular business hours, though. "We opened back up last Friday," Hughes said. "We are operating busi ness as usual. The rent has been paid." Carolina Students' Credit Union Rates 30-89 Days 8.000 simple 90-1 79 Days 8.01 08.339 1 80-269 Days 8.0508.382 270-364 Days 8.0508.382 365 Days 7.8858.203 Compounding is daily. Rates subject to change daily. $100 minimum deposit. Insured up to $100,000. Rates for longer terms and larger principals are available. I mm i Share Secured 11.00 Co-Signer 14.00 Travel - 16.00 Hours: Mon.-Frl. 10 a.m.-3 p.m., Sat 12:30 p.m.-2 p.m. Phone: 962-CSCU CSCU is not affiliated with UNC-CH DTH Graphic Source: CSCU - - - Byrroyglhs yiiweolls AZT syryp By BECKY RIDDICK Staff Writer The Burroughs Wellcome Corpora tion has now produced the AIDS drug azidothymidine, or AZT, in a strawberry-flavored syrup, said Kathy Bartlett, a public relations officer with Burroughs Wellcome. The drug is used in the treatment of AIDS patients and people infected with human immunodeficiency virus (HIV). The new syrup was approved by the Food and Drug Administration last week. It is marketed as Retrovir Syrup, which is the trade name for the drug. The syrup will make dosage variations easier and enable patients who have trouble taking the capsulesHo take the drug, Bartlett said. The syrup will be priced at the same rate as the capsule form now being produced; Burroughs Wellcome, headquartered in Research Triangle Park, now charges $1.20 per capsule to the wholesaler since reducing its price per capsule 20 Inter-faith Council continues renovation fund-raising effort By VANESSA SHELTON Staff Writer In its first capital campaign, the Inter-Faith Council for Social Serv ices, Inc. (IFC) is overcoming oppo sition to meet its goals. The IFC Emergency Shelter, located in the old municipal build ing at the intersection of Rosemary and Columbia streets, closed in April for renovations and is scheduled to reopen in April of 1990. Renovations are being made to bring the building into compliance with local building standards. The renovations and the addition of the IFC Community Kitchen are ex pected to cost about $892,000, said James Souder, IFC president. Opposition to the renovations is coming from local business owners who think the building should be put to other uses. Only two percent of the cost of the shelter's renovation about $15,000 came from busi ness contributions. Last fall, the IPC and area busi nesses disagreed on the shelter's loca tion and renovations that would add the Community Kitchen to the shelter site. The Public-Private Partnership, made up of a group of business leaders, residents and town and University offi cials, created a task force to find an alternate shelter location. The task force suggested that a new shelter be built on Airport Road, but the IFC refused to move the shelter because its members said the location was essential to its success. The Chapel Hill Town Coun cil supported the IFC in its effort. Spanky's owner Mickey Ewell said the town could put the building, which the IPC rents from the town, to use as a library or teen center. "I think it's absolutely ridiculous that they've put that much money into this. They should sell it and go to an other site where it will cost one-half of what it is costing now," he said. U pdate i m mmmwmm& Sources of funding for the IFC Emergency Shelter by percent Contributions from Businesses: 2 percent of total funding. IFC 1 Businesses FJ Congregations Individuals' DTH Graphic i Source: Inter-faith Council "When they first told us that renovations would cost $300,000, we told them it would be at least $500,000," Ewell said. "They'll never get the Community Kitchen and shelter under one roof for $800,000." The shelter, which could acco modate 30 residents before it closed for renovations, will be able to hold approximately 50 when it reopens in April, Souder said. Renovations to the shelter in clude removing asbestos, leveling floors, installing an elevator, replac ing the heating system, adding an air conditioning system and building more bathrooms. Donations are solicited for the IPC as a whole, but are distributed to the shelter and other branches of the IFC. According to Chris Mo ran, a staff consultant and coordi nator for the shelter, the IFC is supported by the United Way, churches, members and individu als. "After the United Way campaign is over, we send out letters to mem bers a couple of times a year," Moran said. Methods used by local churches to raise money vary. "In most, it is usually a budgeted item, but it depends on the structure of each congregation," he said. University United Methodist Church has volunteered its building and the services of some of its members during the renovation of the shelter. Because of the construc tion, some of the shelter's residents will live in temporary housing until the renovations are completed. Souder said the church is pro viding shelter for women. The IPC opened a temporary shelter for men on the second floor of the IPC Com munity Kitchen. IPC's capital campaign, which began in June 1988 and continued until last June, generated $410,000 in contributions from businesses, congregations and individuals. With assistance from Orange County and a series of federal grants, IPC re ceived an additional $355,000. Souder said the IPC hoped to reciev the remaining $109,000 needed for renovation from the Housing Finance Agency of North Carolina. ; ' percent Sept. 18, Bartlett said. Teresa Young, a pharmacist at Re vco Discount Drug Center at Carr Mill Mall in Carrboro, said the drug costs $1.34 per capsule at that store. The store sells the drug in bottles of 100 capsules. The average AIDS patient uses about 100 tablets every week, she said. Before the Burroughs Wellcome price reduction, the cost per tablet at Revco was $1.67, she said. North Carolina Memorial Hospital (NCMH) charges $1.41 per tablet for the drug plus a $4.04 dispensing fee for macist who declined to give his name. The hospital provides the drug to many low-income patients, and a high rate of prescriptions for AZT are never paid for, he said. John Badgett, NCMH outpatient supervisor, said the hospital has not seen a change in the number of patients asking for AZT since the hospital low ered the price it charges for the drug. AZT is the only drug that has been approved by the government for treat ment of AIDS. Burroughs Wellcome holds the U.S. patent for AZT and is the only company authorized by the gov ernment to dispense the drug. The Burroughs Wellcome price reduction came after public protest by New York-based gay activist groups. The price cuts were anticipated for some time by industry analysts. Bur roughs Wellcome had been accused of making large profits on AZT, and lowering the price was seen as a good business move. Recent production improvements are also said to have lowered the price. Committee to reform defunc Carrboro Business Assn. """! By VICTORIA DAVIS Staff Writer A group of Carrboro merchants have formed a steering committee to re-form the Carrboro Bussiness Association (CBA). Susan Hansell, a member of the committee and co-owner of New Atti tude in Carr Mill Mall, said the CBA will help businesses "make an open channel between the business commu nity and the town government." The CBA was disbanded in the mid-80's. The committee will meet Oct. 16 to plan the organization and work on a statement of purpose. The meeting is open to interested Carrboro business owners. At least 20 business owners have expressed interest so far in joining the association. Members of the committee believe it is important that Carrboro business representatives be able to go to the mayor as a group to give an opinion. The CB A's purpose will be different from that of the Chapel Hill-Carrboro Downtown Commission Corporation because the association will include merchants and employees from service businesses like medical offices and auto body shops, Hansell said. Also, the CBA will not plan or sponsor activities. Debbie Dibbert, co-director of the Downtown Commission, said she was delighted that the CBA was returning. "We're thrilled," Dibbert said. "We can't wait until they're fully opera tional." Hansell and Aurora Restaurant owner Hank Straus both said the CBA was an addition to the Downtown Commis sion and was not competing with it. The Downtown Commission has shown its interest and support by providing mail ing lists and helping organize the group's format. "We are a grass-roots effort," Hansell said. "We have no preset format." Straus said Carrboro businesses have needed a voice of their own. There would have been less hard feelings between Carrboro and Chapel Hill businesses on the issue of providing money for the new trolleys if Carrboro businesses had a voice in the matter, he said. The trolleys were originally sched uled to run in Chapel Hill and Carrboro, but because the Carrboro Board of Aldermen voted against providing money for them, the trolleys run,only in Chapel Hill. Straus said the incident illustrates a need for a group like the CBA. Hansell and Straus agreed that Carrboro mer chants and businesses were not polled well enough for the Board of Aldermen to know how the merchants felt about funding the trolleys. Dibbert said the trolley's routes would be "renegotiated" in July of next year. If Carrboro merchants want the trolley to run into their town, they will have to persuade the Board of Alder men to fund the trolley. "It takes funds," Dibbert said. "The reason Chapel Hill go the trolleys is because of funds from the University and hospital (North Carolina Memorial Hospital)." Mass transportation grants to Chapel Hill were the source of much of the $300,000 used to purchase the trolley buses, and the Downtown Commission pays the maintenance costs of the Trolleys. Career Corner Resume Drop Oct. 10 Open Sign Ups Oct. 1 8, Oct. 27 Date Company Job Major 1030-31 Brady, WH Sales BU7BS 1030 Texas Instruments Software Design COMPBSMS 1031 Aetna Life & Casualty Insurance BUBS, ECONBA, INDRBA 1031 Hertz Equipment Rental Sales 1031 Office of State Control Parole Officer CRJUBA 1031 Union Carbide Corp. Quality Control CHEMBS Sales 1031 United Telephone-Florida Management BUBS 111 First Union National Bank Banking ANYBABS Finance 111 J.C. Penney Co., Inc. Retail Mgt. , ANYBABS 111 Norton Co. Sales ANYBABS 111 PillsburyCo. Sales BUBS 111 Radian Corp. Chemistry CHEMBSBAMS 111 Bank South Corp. Accounting BUBS, ECONBA Banking Finance , 112-3 Milliken & Company Management ANYBABS' 112 NCR Corp. Sales BUBS, ECONBA, INDRBA 112 Prentice Hall Sales ANYBABS 112 Prudential Insurance Co. Gen. Mgt. BUBS, ANTHBA, ECONBA ENGLBA, GERMBA, HISTBA INDRBA, INDSBA, PHILBA POLIBA, PSYCBA, SOCIBA MATHBA, STATBA 1025 Castner Knott Company 1 027 David Michael & Co. Inc. 1030 Celanese Chemistry CHEMBSMSPHD 1030 Philadelphia Institute 1031 S.R.Clarke Sales BUBS, LIBABA 111 Libbey Owens Ford 112 Eastman Kodak Co. Chemistry CHEMPHD 113 F.N. Wolfe Sales ANYBABS 113 Harris 3M Sales ANYBABS . : - -