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GREAT WESTERN RECLAMATION, INC.- STOCK ASSIGNMENTS
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GREAT WESTERN RECLAMATION, INC.- STOCK ASSIGNMENTS
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2/28/2017 11:17:47 AM
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GREAT WESTERN RECLAMATION, INC. STOCK ASSIGNMENTS
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SCA SERVICES, INC. <br /> 27 State Street <br /> Boston, Massachusetts 02109 +SCA <br /> 617-723-7340 SERVICES <br /> May 17, 1972 <br /> The Honorable Carl Thornton <br /> City Manager <br /> City of Santa Ana <br /> Santa Ana, California 92701 <br /> Dear Mr. Thornton: <br /> Re Great Western Reclamation, Inc. <br /> I appreciated the opportunity of discussing with you <br /> the matter of the proposed merger between Great Western Reclamation, <br /> Inc. , and SCA Services, Inc. It is my understanding that since <br /> our last visit there have been further inquiries in regard to the <br /> background of this proposed transaction. In order that you and <br /> the entire City Council of the City of Santa Ana will be aware of <br /> the true perspective of the matter, I submit the following: <br /> Technically, this would be a true merger rather than a <br /> purchase in the sense that the Blackman family is not selling out <br /> but is in fact maintaining the present relationship with the City <br /> of Santa Ana and adding a substantial amount of further capability. <br /> SCA Services, Inc. , in similar transactions with other companies <br /> throughout the country, has insisted that the key management people <br /> remain to carry on with the day-to-day decisions, policy, and <br /> service functions . This is certainly true of Great Western Reclamation, <br /> Inc. , in that long-term employment agreements would be entered into <br /> with each of the key management personnel of said corporation. <br /> What SCA Services, Inc. , can supply in addition is a sub- <br /> stantially larger financial capability which will insure that Great <br /> Western Reclamation, Inc. , will always have a full and total capa- <br /> bility of meeting all of the capital needs for new technology as <br /> the same develops in the solid waste industry. Not only does this <br /> include capital needs for such items as new equipment, more <br /> sophisticated packer bodies, transfer stations, but also includes <br />
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