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#1 |
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Senior Member
Join Date: Apr 2004
Location: Moultonboro
Posts: 833
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My understanding is that Lloyd's of London, the insurer of the burned out building, is declining to pay insurance because either the owners or the representative of the owners indicated to Lloyd's that the building had a sprinkler system or other supression system in place, when in reality, there was no system in place. Consequently, with the Baldi vs. Lloyds suit and the Lloyd's vs. Baldi suit - the building itself is evidence that must be left in place until the legal wrangling is finished. I could be wrong, but that's how I hear it from folks in the insurance business.
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#2 | |
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Senior Member
Join Date: Jul 2008
Location: West side Winnipesaukee, Lakes Region
Posts: 516
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Quote:
Pretty much what I have read in the media.... With addition that Fire Marshal's investigation is still on-going. And I also observe that each Baldi denies knowledge of the others dealings, saying different owner. WE do read that Pat owns drive in, that daughter in law owns saloon, another Baldi or even Brandi also owns water slide or the son. There has to be some communication! One poster said he worked one summer for the late Larry, and tells of the cash being handled during bike week! Imagine this year the revenue to the saloon: Busby's staging site, advertising banners on the fences, the vendor spaces on property!!! Same sort of rental revenue on drive in and water slide property! |
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#3 |
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Senior Member
Join Date: Apr 2004
Location: NH
Posts: 2,689
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OMG family members owning nearby businesses.
OMG family members refusing to talk bad about their other member's business. OMG cash changing hands on bike week I don't these people from Adam but one of the ugly run down businesses near the Weirs burned. So now we have a burned ugly building instead of a plain ugly building. Does anyone really think the visitors to the Weirs are traumatized by this building. The place needs a good rebuild could it look much worse? |
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#4 | |
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Senior Member
Join Date: Apr 2004
Location: Belmont NH but prefer Jackman Maine
Posts: 1,857
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Quote:
__________________
"better to have a short life that is full of what you like doing, then a long life spent in a miserable way.."
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Winnisquamguy (06-14-2012) | ||
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#5 | |
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Senior Member
Join Date: Apr 2004
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"your little piece of heaven" isn't exempt.
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#6 |
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Senior Member
Join Date: Apr 2008
Location: Southboro, MA
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Actually, this lawsuit has nothing to do with the burned building, it is over rights of access which the Baldi's clearly have.
You can go on and on about the burned building and I think there is another thread for that, but this case is about access and the deed language is clear. |
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| The Following 2 Users Say Thank You to Bear Island South For This Useful Post: | ||
Bear247 (06-14-2012), LIforrelaxin (06-14-2012) | ||
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#7 | |
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Senior Member
Join Date: May 2006
Location: Texas, Lake Ray Hubbard and NH, Long Island Winnipesaukee
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Quote:
However Baldi does have a legal right to use the access....And Thurston in the end will loose...
__________________
Life is about how much time you can spend relaxing... I do it on an island that isn't really an island..... |
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#8 | |
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Senior Member
Join Date: Apr 2004
Location: Meredith/Naples Florida
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Quote:
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#9 | |
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Senior Member
Join Date: May 2006
Location: Texas, Lake Ray Hubbard and NH, Long Island Winnipesaukee
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Quote:
In Short I don't think this would be at this point, if the Town hadn't order that the access be opened. Unfortunately Thurston's holds the Key......
__________________
Life is about how much time you can spend relaxing... I do it on an island that isn't really an island..... |
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#10 | |
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Senior Member
Join Date: Apr 2004
Location: Belmont NH but prefer Jackman Maine
Posts: 1,857
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Quote:
There is a picture of it clearly marked as such in the paper.
__________________
"better to have a short life that is full of what you like doing, then a long life spent in a miserable way.."
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#11 |
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Senior Member
Join Date: May 2006
Location: Texas, Lake Ray Hubbard and NH, Long Island Winnipesaukee
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That is what I had figured...
__________________
Life is about how much time you can spend relaxing... I do it on an island that isn't really an island..... |
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#12 |
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Senior Member
Join Date: Oct 2004
Location: Laconia NH
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I'm surprised the fire dept do not hold a key. I do know they have keys to other emergancy gates throughout the city.
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Someday may never be an actual day. |
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