◆ SpookStack

ford#a Negro field man i office here, ‘to “seek Sout _ some leaders. of: the black : ‘community who’ would be ° interested and able to handle | this kind of package.” Guilford confirmed Butler's | statement that the. effort }~ “got. exactly nowhere . be-., cause there was absolutely; no response.” - Only then, Butler said, was : i the suggestion made. from initiate such a center ‘for ‘displaced Cuban businéss- men. Butler said he couldn't — remember who made the | tion, but it was, some- one in the 5] : REBOZO i id Butler hava been friendsffor almost 30 years, since’ the days the. - bachelor Rebozo was operat- ing a gas station in down- “T Imew Bebe's” parents | came here from Cuba, I knew he was a smart businessman and I offered him the idea,” Butler recalled. ay _ Rebozo brought ‘Trice intg | Sown the picture ‘and the two put - up. $150,000. of their- own. money to get the project off ~~" da. provide a gross return of $2.4 million, even if some of the. tenants go broke. Rebozo and Trice had to pay $900,000 for the Jand and buildings. A reluctant mortgage from the | Equitable Life Assurance the groun The SBA guarantee will Society provided $750, 000 of = 2 the, sum... ‘from $8,000 to $25,000 for ; total of more than $500,000. _ perce wih AO . ut Per cent per year on their investment if everything goes - as Ragnee investment ‘bankers from different firms told The Herald Rebozo and. Trice : “have something a lot_ fess tian’ a gold mine.” — ‘The Cuban shopping cen- ten: to be tenanted entirely | “by refugees who at one time “were successful businessmen ‘Washington - that - ‘perhaps * .+ someone could be found -to.- from a 4,600-sqhare foot [ restaurant. and lounge ‘to -a |. 520-square fost phonograph record shop; |": ‘EACH OWNER has been approved for loans from the Office of Economic Oppor- tunity in amounts anywhere start-up costs such as fix. tures and inventory .—.a The “reluctant mortgage”: was approved finally. by Equitable on Nov. 8, 1967, . after several other potential { lenders had turned the deal - Alfred R. Plager, Equitable ly because of our desire to assist the economically de- prived.” The company has a $1 billion fund set aside for this purpose, Plager ex- plained. : | ia those terms, — — “shopping conyention of the Hits of . Industrial Realtors last . year, and.as ‘a result . the- terms of such agreeemnts were Tevised. ; Up to now, _ the. ‘Rebozo- Tricé ‘shopping’ cénter “hag been described publicly only | center,” ‘ j ; Actially, it ts of “ininipro- portions. . : a Oe , For instance: Te ; Five such centers would ‘ft Somoriably om the first: floor’ of. Burdine’ S store fin “the | -but. a ‘considerable: : distance - from |-any’. exit” “TeiNpS jal “Sound on én the other side an abandoned boat yard, ik Have parking space for fewer 3.500 re “the Palm: Sptings” Mie tera ee 1¢ £ Centér: arse al . « aghtet +. away from the propos@ orig- ;| scre by... Dr. 7 Ed; ; hh leases, but the mortgagor” tai Was “left out f in the cold.” . . Equitable attorneys backed orien ed “tamale