James Atkins, 78, of Cygnet

James Atkins, 78, of Cygnet, died at 7:04 a.m., Monday, March 6, 2017, at Wood County Hospital, Bowling Green.

James Atkins, 78, of Cygnet, died at 7:04 a.m., Monday, March 6, 2017, at Wood County Hospital, Bowling Green.

He was born on May 2, 1938, in Falls View, WV to the late Mearl and Lois (Maurer) Atkins.

He married Martha Sewell on January 27, 1961, and she survives. Also surviving are sons: Scott (Kelly) Atkins of Findlay, Mark (Maureen) Atkins of Sylvania and Greg (Christy) Atkins of Granger, IN; his sisters: Kay (Tom) Gonyer of FL, Sue (Ed) Schultz of Wooster, Mary Jane (David) Stephens of TX and Rebecca Rister of FL; his grandchildren: Christopher Atkins, Lauren (Karl) Grosslin, Lindsay Atkins, Matthew Atkins, Jacob Atkins, Elizabeth Atkins, Spencer Atkins and Abby Atkins; numerous nieces, nephews and cousins.

Jim was preceded in death by his brother, Tom Atkins. Jim was a U.S. Navy Veteran. He was the former owner of SMC Aluminum Foundry, in North Baltimore from which he retired in 2010. He was a life member of the North Baltimore American Legion Post 539 and member of the N.R.A.

A funeral service will be held at 11:00 a.m., Monday, March 13, 2017 at SMITH-CRATES FUNERAL HOME, North Baltimore, with Pastor Susan Kronbach officiating.

Burial will be in Old Maplewood Cemetery, where full military rites will be conducted by the North Baltimore American Legion Post 539. Visitation will be held from 5:00-7:00 p.m., Sunday at SMITH-CRATES FUNERAL HOME.

Memorial contributions may be made to the North Baltimore American Legion Post 539.

Online condolences may be made at www.smithcrates.com

Gregory L. Simon, 64, NB

Gregory L. Simon, 64 of North Baltimore passed away on Saturday, February 25, 2017.

Gregory L. Simon, 64 of North Baltimore passed away on Saturday, February 25, 2017.

He was born on May 15, 1952 in Bowling Green to the late Melvin and Jonadelle Simon.

Greg married Susan Cook on February 29, 1980 and she survives along with three sons; Joshua “Jay” (Kelly) Simon of Bloomdale, Zachary Simon, Matthew Simon both of North Baltimore, daughter Stephanie Simon of North Baltimore, four grandchildren; Tyler, Andrew, Kennady and Carly Simon. He is also survived by two brothers; Dennis (Jane) Simon, Kevin (Karen) Simon both of North Baltimore and two sisters; Alecia (Jack) Waldman of Benton Ridge and Tamera (Art) Patterson of North Baltimore.

Greg retired from Mid-wood. He was a member of the Eagles and North Baltimore American Legion Post 529 and he was also a member of St. Luke’s Lutheran Church.

All services for Greg will be private and have been entrusted to Smith-Crates Funeral Home.

In lieu of flowers, the family asks that donations be made to a charity of the donor’s choice.

Condolences can be sent via www.smithcrates.com.

St. Luke’s “Lenten Soup & Salad” Wednesday

St. Luke’s Lutheran Church in North Baltimore, “Lenten Soup & Salad” Wednesday evening with “Lenten Worship”

On Wednesday, March 8 at St. Luke’s Lutheran Church in North Baltimore, “Lenten Soup & Salad” will be served at 6:15 p.m.

“Lenten Worship” is from 7:00 to 7:30 p.m. Pastor Ralph Mineo’s sermon, the second in a series of six sermons, will be: “SEASONS OF THE SOUL: Winter.”

CSX Has New CEO – E. Hunter Harrison

Company Announces Agreement With Mantle Ridge to Reconstitute its Board – – – CSX Shareholders to Vote on Proposed Reimbursement in Respect of Foregone Compensation of E. Hunter Harrison at Upcoming Annual Meeting of Shareholders

Company Announces Agreement With Mantle Ridge to Reconstitute its Board

CSX Shareholders to Vote on Proposed Reimbursement in Respect of Foregone Compensation of E. Hunter Harrison at Upcoming Annual Meeting of Shareholders  

JACKSONVILLE, Fla., March 06, 2017 (GLOBE NEWSWIRE) — CSX Corporation (NASDAQ:CSX) today announced the Company has named E. Hunter Harrison, a proven railroad executive with a well-regarded track record of producing market-leading operating results, as chief executive officer, effective immediately. Mr. Harrison replaces Michael Ward, who announced his decision to retire as Chairman and CEO on February 21, 2017 and will become a consultant to CSX, effective immediately.

The Company also announced that it has reached an agreement with Mantle Ridge LP, an investment firm formed by Paul Hilal, to reconstitute the Company’s Board of Directors. Under the terms of the agreement, CSX has appointed five new directors to its Board of Directors, mutually agreed upon by CSX and Mantle Ridge and effective immediately – Mr. Harrison, Mr. Hilal, Dennis Reilley, Linda Riefler and John Zillmer.  In addition, three incumbent CSX directors intend to complete their service for the Board at or before the conclusion of the 2017 annual meeting. As a result, the size of the Board will be 13 members.  CSX’s current Presiding Director, Edward J. Kelly, III, will become Chairman of the Board and Mr. Hilal will become Vice Chairman.

Hunter Harrison, said, “I am proud to join the dedicated and talented railroaders at CSX. Together, we will implement Precision Scheduled Railroading – a model proven to improve safety, create better service for customers, produce a proud and winning culture for employees, and generate exceptional, lasting value for shareholders.”

Paul Hilal, said, “I thank every CSX director, including those leaving the Board, for their constructive and skillful engagement that enabled this terrific outcome for CSX. The Board is united behind a shared goal – creating value for shareholders and all stakeholders by implementing the Precision Scheduled Railroading model at CSX. Together, we have created the conditions for success. Now the real work begins.”

As part of his compensation, Mr. Harrison will receive an award of incentive options to purchase nine million shares of CSX stock at its current trading price, eight million of which will be granted as an inducement award under the Nasdaq listing rules.  The options will vest over four years with half of the options vesting based on service and half vesting based on the achievement of designated performance goals over the four year period.

While CSX, Mr. Harrison and Mantle Ridge have agreed on the aforementioned conditions, the CSX Board continues to believe that it is appropriate to seek shareholder input with respect to certain proposals:

  • The requested payment of the $84 million of the amount of compensation and benefits forfeited by Mr. Harrison as a result of his separation from Canadian Pacific Railway Limited. To facilitate Mr. Harrison’s separation from CP on terms that would permit him to work at CSX, Mantle Ridge agreed to protect Mr. Harrison on an interim basis with respect to this $84 million.
  • The requested assumption of a related tax indemnity.

Mr. Harrison has informed CSX that his acceptance of the CEO position was subject to CSX ultimately providing this replacement protection initially offered by Mantle Ridge upon his departure from CP.  Mr. Harrison has indicated that he will resign after the 2017 annual meeting if the reimbursement and tax indemnity are not provided by CSX, and return to Mantle Ridge to protect his reimbursements.

CSX will submit these matters to CSX shareholders for an advisory vote at the 2017 Annual Meeting of Shareholders. The proxy statement relating to the Annual Meeting will contain further details. Because these matters will now be considered at the Annual Meeting, the previously convened Special Meeting of Shareholders will not be held. The CSX Board does not intend to make a recommendation to shareholders on the matters being put forward for a vote, but does intend to act promptly following the meeting based on the outcome of the vote.

Biographies of new CSX Board members follow:

E. HUNTER HARRISON
E. Hunter Harrison is the most effective and successful railroad leader of our times, having successfully led the turnaround of three major railroads over the last 25 years.  In his last two undertakings at Canadian National and Canadian Pacific, he delivered 321% and 350% total shareholder return, respectively.

Mr. Harrison created and refined Precision Scheduled Railroading over the recent decades, and is the acknowledged leader in implementing it at Class I railroads.  He has been recognized by every major railroading publication, and he has twice been honored as Railroader of the Year.

PAUL HILAL
Paul Hilal is the founder and CEO of Mantle Ridge LP.  Mr. Hilal is a leading engaged or activist investor, as well as a well-respected expert on value investing and corporate governance. Mr. Hilal played a leading role in the historic 2012 proxy campaign at Canadian Pacific, which resulted in a reconfigured board and the hiring of Hunter Harrison as CEO.

Mr. Hilal currently serves on the Board of Overseers of Columbia Business School and served until 2016 on the Board of the Grameen Foundation – an umbrella organization that helps microlending and microfranchise institutions empower the world’s poorest through financial inclusion and entrepreneurship.  He is also a Trustee of the Supreme Court Historical Society, a non-profit organization dedicated to the collection and preservation of the history of the Supreme Court of the United States.

DENNIS H. REILLEY
Dennis Reilley is an experienced executive with a demonstrated track record of driving improvements in operations, financial results and shareholder value as Chairman, President and Chief Executive Officer of Praxair, Inc.  He was named one of the best CEOs in America in 2004, 2005, and 2007 by Institutional Investor.

Since retiring as CEO of Praxair, he has brought his expertise in finance, operations and leadership to the boards of leading Fortune 500 companies.  Mr. Reilley currently serves as Non-Executive Chairman of Marathon Oil Corporation, and as a director of Dow Chemical Company.  Mr. Reilley is a founding member and partner of Trian Advisory Partners (an advisory group for Trian Fund Management, L.P.).

LINDA H. RIEFLER
Linda Riefler is a 25-year veteran of Morgan Stanley where she served on the Executive and Management Committees.  She is an expert on talent management, having served as Chief Talent Officer for the bank.  She also served as Chairman and Global Head of Morgan Stanley’s Research franchise as well as Chairman of MS where she oversaw the commercialization of Modelware, a knowledge management platform she had incubated as Head of Morgan Stanley’s renowned Global Research Strategy Team.

Ms. Riefler currently serves as a director of MSCI, and as a strategic advisor to numerous start-ups, for-profits and non-profits, with an expertise in building adaptive capacity to help them navigate rapidly changing environments.

JOHN J. ZILLMER
John Zillmer has led successful transformations at large, complex enterprises. He is the former chief executive of Univar, a Fortune 500 company, where he doubled EBITDA over three years.  He is an expert in strategies for business optimization and process improvement.  His operational transformation of Allied Waste Industries became an industry benchmark.  Mr. Zillmer has deep expertise in labor relations, environmental safety, logistics, corporate governance and talent management.
Mr. Zillmer was named to National Association of Corporate Directors Directorship 100 in 2016 in recognition of his outstanding contributions to corporate governance.  He currently serves as a director of Reynolds American, Inc., Ecolab Inc., Veritiv Corporation, and Performance Food Group.  Mr. Zillmer has also served as a director of Liberty Capital Partners, a private equity and venture capital firm specializing in start-ups, early stage, growth equity, buyouts, and acquisitions, since June 2004.  Mr. Zillmer also serves on the North American advisory board of CVC Capital Partners.

Goldman, Sachs & Co. and UBS Securities LLC are serving as financial advisors to CSX, and Davis Polk & Wardwell LLP and Hunton & Williams LLP are serving as legal advisors. Cadwalader, Wickersham & Taft LLP is serving as legal advisor to Mantle Ridge.

About CSX and Its Disclosures
CSX, based in Jacksonville, Florida, is a premier transportation company.  It provides rail, intermodal and rail-to-truck transload services and solutions to customers across a broad array of markets, including energy, industrial, construction, agricultural, and consumer products.  For nearly 190 years, CSX has played a critical role in the nation’s economic expansion and industrial development.  Its network connects every major metropolitan area in the eastern United States, where nearly two-thirds of the nation’s population resides.  It also links more than 240 short-line railroads and more than 70 ocean, river and lake ports with major population centers and farming towns alike.

This announcement, as well as additional financial information, is available on the company’s website at http://investors.csx.com. CSX also uses social media channels to communicate information about the company. Although social media channels are not intended to be the primary method of disclosure for material information, it is possible that certain information CSX posts on social media could be deemed to be material. Therefore, we encourage investors, the media, and others interested in the company to review the information we post on Twitter (http://twitter.com/CSX) and on SlideShare (http://www.slideshare.net/HowTomorrowMoves).  The social media channels used by CSX may be updated from time to time.

More information about CSX Corporation and its subsidiaries is available at www.csx.com and on Facebook (http://www.facebook.com/OfficialCSX).

Forward-Looking Statements

This information and other statements by CSX may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act with respect to, among other items: projections and estimates of earnings, revenues, margins, volumes, rates, cost-savings, expenses, taxes, liquidity, capital expenditures, dividends, share repurchases or other financial items, statements of management’s plans, strategies and objectives for future operations, and management’s expectations as to future performance and operations and the time by which objectives will be achieved, statements concerning proposed new services, and statements regarding future economic, industry or market conditions or performance.  Forward-looking statements are typically identified by words or phrases such as “will,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate,” “preliminary” and similar expressions.  Forward-looking statements speak only as of the date they are made, and CSX undertakes no obligation to update or revise any forward-looking statement.  If CSX updates any forward-looking statement, no inference should be drawn that CSX will make additional updates with respect to that statement or any other forward-looking statements.

Forward-looking statements are subject to a number of risks and uncertainties, and actual performance or results could differ materially from that anticipated by any forward-looking statements.  Factors that may cause actual results to differ materially from those contemplated by any forward- looking statements include, among others; (i) CSX’s success in implementing its financial and operational initiatives; (ii) changes in domestic or international economic, political or business conditions, including those affecting the transportation industry (such as the impact of industry competition, conditions, performance and consolidation); (iii) legislative or regulatory changes; (iv) the inherent business risks associated with safety and security; (v) the outcome of claims and litigation involving or affecting CSX; (vi) natural events such as severe weather conditions or pandemic health crises; and (vii) the inherent uncertainty associated with projecting economic and business conditions.

ADDITIONAL INFORMATION AND WHERE TO FIND IT

CSX Corporation (“CSX”) will file a proxy statement with the U.S. Securities and Exchange Commission (the “SEC”) with respect to the annual meeting of shareholders.  CSX SHAREHOLDERS ARE STRONGLY ENCOURAGED TO READ SUCH PROXY STATEMENT, THE ACCOMPANYING PROXY CARD AND OTHER DOCUMENTS FILED WITH THE SEC CAREFULLY IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION.

CSX, its directors, executive officers and other employees may be deemed to be participants in the solicitation of proxies from CSX shareholders in connection with the matters to be considered at the annual meeting, or any adjournment or postponement thereof.  Information about CSX’s directors and executive officers, and their direct and indirect interests in CSX, is available in CSX’s proxy statement, filed March 28, 2016 for its 2016 Annual Meeting.  To the extent holdings of CSX’s securities by such directors or executive officers have changed since the amounts included in the 2016 proxy statement, such changes have been or will be reflected on reports filed with the SEC in accordance with the reporting requirements of Section 16 of the Securities Exchange Act of 1934, as amended.  More detailed information regarding the identity of potential participants, and their direct or indirect interests, by security holdings or otherwise, will be set forth in the proxy statement and other materials to be filed with the SEC in connection with the annual meeting.  Shareholders will be able to obtain any proxy statement, any amendments or supplements to any proxy statement and other documents filed by CSX with the SEC free of charge at the SEC’s website at www.sec.gov.  Copies also will be available free of charge at CSX’s website at www.csx.com or by contacting CSX Investor Relations at (904) 359-4812.

Contact:

Investors:
David Baggs
CSX Investor Relations
(904) 359-4812

Rotary Wine Tasting Party is Friday

LAST CALL for wine tasting tickets! We have limited tickets left for the wine tasting event…

LAST CALL for wine tasting tickets!

We have limited tickets left for the wine tasting event this Friday March 10, 2017 from 6-10pm at the Depot (142 N. Main St.) in North Baltimore. This is a super event where all proceeds go towards scholarships for local high school students. This is a great opportunity to mix and mingle with North Baltimore citizens all while eating great food, and trying 5 different types of wine with domestic beer available. Hope to see you there! Call 419-257-2394 for tickets. All tickets are pre-sale.

North Baltimore Rotary

Wine Tasting Event

Friday March 10, 2017 6:00pm-10:00pm

The Depot (Roxie’s Place) 142 N. Main St.

Tickets $25 each

All Proceeds go to scholarships for local students, last year the Rotary was able to provide 4 scholarships to area students with the money raised at this event…

Price includes; 5 wine tastings, hot & cold appetizers, desserts, soft drinks (no alcohol wine options available as well)

This year’s menu includes; hearty Italian meatballs, BBQ cocktail sausages, bruschetta, cowboy caviar, 4 cheese spinach dip, mini sliders, assortment of chips, dips, cheeses, crackers, desserts and more. Guests will try a dry red, sweet red, dry white, sweet white and specialty wine.

Cans of domestic beer will be available

NB School Board Holds Monthly Meeting for February

Spelling Bee participants recognized, Dr. Falkenstein gets new contract……………..

The North Baltimore Board of Education held their regular monthly meeting last Tuesday, February 28th at the NBHS building. All Board members were present.

There was recognition of the Middle School Spelling Bee participants. Olivia Matthes, Dominic Sheeks, Meghan Thompson, Seth Cole, and Nick Morales, and their families were honored for representing our school and community at the competition.

District Treasurer Steven Stewart explained some projects he is working on for the district. He is looking into a Five Year Payback program for Exterior Lighting at both the Powell building as well as the NBHS building. He also is investigating the cost of replacing two district busses with propane vehicles. “Propane is the wave of the future in bus transportation,” Stewart said.

Superintendents Delaney’s Comments included:

*Working on tech projects with Mr. Csortos
*Sign-off on the ball fields will happen very soon. They are ready to go, but can’t be used until the sign off happens

*Propane busses are the IN thing. Bus #4 and#5 need replaced, then #14. Propane busses cost approximately $85,000 to $92,000.

*Athletic receipts are up this year, thanks to the great seasons both the boys and girls basketball teams are having.
Dr. Falkenstein’s Comments included:

*State mandated ACT for all Juniors will be March 21st.

*Several comments were sports related-David Patterson-wrestling; Girls Basketball-Sectional Champions; Boys basketball had lights go out during a thunderstorm at Vanlue;

*NBHS will host a Mock Crash on Thursday, April 27th at approximately 1:00pm at the football stadium. Community members are invited to attend. The follow-up discussion is Friday morning April 28th. Prom is Saturday, April 29th.

*An apples-to-apples comparison of BVC schools OHSAA Enrollment was shared

Mr. Lange’s Powell Elementary Comments included:

*The majority of 3rd graders have passed the Reading Assessment.

*Spring conferences and the accompanying Book Fair were both successes.

*Zach Walls, PE teacher was recognized for doing a great job on organizing Jump Rope for Heart on February 10th.

*Spring PICTURES are on March 23. There will be a Powell yearbook this year.

*After school tutoring is nearly at capacity.

*The end of the third nine week period is March 10!

*Payment plan options for Camp Storer trips are being explored.

*There are lots of testing dates coming up from Mid-March through Mid-May.

 

In other Board business, the following highlights to actions taken included:

* Approval of a new 3 year contract to Dr. Bob Falkenstein as MS/HS Principal with a base salary of $88,082.64 for 220 days per year (August 1, 2017-july 31, 2020)

* Approval of a 2 year contract to Laura Warden as Special Services Director (August 1, 2017-July 31, 2019) with a base salary of $67,485. For 220 days per year.

*Approved a one year classified contract with Chad Wright, six- hour daily custodian.

*Approved a continuing contract to Georgianna Lanning, Assistant to the Treasurer, base salary $45, 697.60 for 260 days per year

*Approved the purchase of a 2015 Ford transit cargo vehicle from Reineke for $26,037.00, with Mrs. Cotterman casting the only “No” vote of the evening.

 

The meeting adjourned at 6:55pm.

 

 

 

Investment Property or Starter Home

Another ERA Geyer Noakes Realty Group Listing……… Within walking distance of the Findlay University.

Another ERA Geyer Noakes Realty Group Listing……… Within walking distance of the Findlay University.

3 bedroom, 1 bath home includes one car detached garage. Nice size living room. Eat in kitchen. Refrigerator and Stove stay.

Neutral interior. Some new windows. Hot water heater 2012. Roof 2006. Garage has wood burner with attached shed. Would make a nice workshop.

Currently an investment property. Tenant’s rights. 24 hour notice required for showings.

Seller providing American Home Shield Warranty with acceptable offer.

Contact listing agent Leisa Zeigler
(419)350-1406 for details.

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