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Friday, October 07, 2005

Ladner, Act VIII
Short Excerpt,
Trustees’ Chorus




One key issue under investigation has been the 1997 contract that Ladner signed with then-board chairman William I. Jacobs. Jacobs said in an interview Wednesday that he told board members there was a new contract for Ladner but did not have it passed around.

Robert Pence, who was on the board from 1989 to 1998, distributed a letter to the board yesterday saying that he has asked many of his fellow trustees about their recollections of the contract. "Anyone who says they discussed this with me (or all of the then-current members of the board) is not telling the truth," Pence said.

Jacobs said on Wednesday, "We did not want the contract to be in the newspaper the next day, and if anybody wanted to know specifics about the contract, they could find out whatever they wanted." Nobody asked, he said.





I never saw a contract,

I never saw it signed;

Yet I know how malfeasance looks,

And how we’ll all be fined….