Friday, October 17, 2008

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Toll road proposal rejected

A Charleston County Council committee Thursday shot down a controversial proposal to build a toll road across Johns Island. Councilman Paul Thurmond, whose district includes Kiawah and Seabrook islands, proposed the resolution, which asked the state Department of Transportation to seek proposals from private companies to build the toll road. But council's Planning and Public Works Committee voted 5-3 against the resolution. Only Councilmen Thurmond, Teddie Pryor and Tim Scott were in favor of moving forward with the road. Councilman Henry Darby abstained from the vote. Councilman Curtis Inabinett, whose district includes Johns Island, said he had been leaning toward supporting the proposal but changed his mind after receiving "countless e-mails and telephone calls" from constituents opposed to it.



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Brother held in man's death

GOOSE CREEK â€" A Berkeley County man is behind bars, accused of killing his brother early Thursday while his mother slept nearby in her bedroom. Loretta Lake is devastated. The 71-year-old said her sons had been feuding with each other for years, and she begged them to put their differences aside. "They wouldn't let it go," she said. "They just kept on and kept on." J. Leroy "Jimmy" Moricoli, 46, got out of jail last week and went home to live with his mother and brother, 38-year-old Aaron Moricoli. He was sleeping on a mattress in the dining room of the red brick, ranch-style home on Fanwood Road in the Sedgefield neighborhood, where Lake has lived for 44 years. About 5 a.m. Thursday, Lake heard a knock at her bedroom door and got up to answer.

SEC sanctions Al Parish's former partner

Wayne Cassaday, a former business partner of fallen economist Al Parish, ignored red flags that Parish was deceiving investors and failed to alert authorities when he noticed inconsistencies in the economist's financial web, according to a federal sanction handed down Wednesday. Cassaday and Parish co-owned Battery Wealth Management, a local investment firm through which Parish pitched some of his fraudulent investment pools. Parish was convicted of running a Ponzi scheme that defrauded hundreds of investors out of an estimated $66 million, and he was sentenced in June to 24 years in federal prison. Battery Wealth Management, of which Cassaday is president, sold some $6.5 million of the bogus investments to 25 of its clients. Cassaday 48, of Mount Pleasant, has maintained that he knew nothing of his partner's deception.

Sellers takes helm at Voorhees

DENMARK â€" Dr. Cleveland Louis Sellers Jr. was inaugurated as Voorhees College's eighth president Thursday before colleagues, school officials, Episcopal Church dignitaries, friends and family gathered in St. Philip's Chapel on campus. Presiding over the inaugural and consecration celebration was the Rt. Rev. Mark J. Lawrence, bishop of the Diocese of South Carolina. Lawrence offered a sermon whose theme was change and which linked Sellers' focus on education and service to larger religious virtues of truth and sacrifice. Honoring Sellers' life of civil rights activism and efforts in academia, Lawrence said he hopes Voorhees' new president will continue his mission. "Education makes a person free to follow his calling," he said.

Toll road proposal rejected

A Charleston County Council committee Thursday shot down a controversial proposal to build a toll road across Johns Island. Councilman Paul Thurmond, whose district includes Kiawah and Seabrook islands, proposed the resolution, which asked the state Department of Transportation to seek proposals from private companies to build the toll road. But council's Planning and Public Works Committee voted 5-3 against the resolution. Only Councilmen Thurmond, Teddie Pryor and Tim Scott were in favor of moving forward with the road. Councilman Henry Darby abstained from the vote. Councilman Curtis Inabinett, whose district includes Johns Island, said he had been leaning toward supporting the proposal but changed his mind after receiving "countless e-mails and telephone calls" from constituents opposed to it.










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