The New Channel 13 – KTVW, The Blaidon Station

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AND THEN, OCTOBER 1976——-

COURT ENFORCEMENT ACTIONS
BLAIOON MUTUAL INVESTORS CORPORATION
PROMOTER ENJOINED
The Seattle Regional Office announced that a decree of permanent injunction was
issued on October 11 by the Honorable Donald S. Voorhees, Judge, U.S. District Court,
Western District of Washington at Seattle, against Blaine D. Sampson of Seattle,
enjoining him from violations of the registration, antifraud and reporting provisions
of the securities laws. The defendant consented to the entrance of the permanent
injunction without admitting or denying the allegations of the complaint.
The complaint filed on February 5 alleged violations of the registration, antifraud
and reporting provisions of the securities laws stemming from the sale of unregistered
shares of common stock of Blaidon Mutual Investors Corp., limited partnership interests
in 27 limited partnerships and promissory notes and evidences of indebtedness. It was
alleged that the defendants sold over four million dollars of such securities to over
one thousand investors in several states while making material misrepresentations and
omissions with respect to the value and marketability of the issuer securities, the
profitability or risk of loss in the investments, the use of proceeds, the financial
condition of the issuer, the quality or quantity of the issuers assets, the financial
benefits received by the defendants, the accuracy or adequacy of financial records
and statements, to name a few. (SEC v. Donald L. Wolfstone, et al., U.S.D.C., W.D.
Wash., C76-90V). (LR-76l6)

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Jason Remington

Author: Jason Remington

Creator, Admin, & Editor of PugetSound.Media, a former broadcaster at KVAC/Forks, KDFL/Sumner, KTTX/KWHI/Brenham, TX., KONP/Port Angeles, KBAM/Longview, KAMT/Tacoma, KRPM FM/Tacoma, KJUN/Puyallup, KASY/Auburn, KTAC AM/Tacoma, KBRD FM/Tacoma, KMTT FM/Tacoma, and KOOL FM/Phoenix. Retired from AT&T.

1 thought on “The New Channel 13 – KTVW, The Blaidon Station

  1. The expansion of cable TV in the early 70s helped them a lot. It was a novelty to watck 13 without “snow”, and in color!

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