The saga of the Chicago heist continued, with a story in the 2 Oct. 1975 edition of The Caymanian Compass on attorneys trying to recover from Cayman US$1.2 million of the $4.3 million stolen from a Chicago Armoured Express vault on 20 Oct. 1974.
US attorney Robert Doran, representing the Commercial Union Assurance Company of New York in seeking a court injunction to get the funds, had said that the company had refunded the depositors whose money had been stolen. The Compass noted it had been “reliably informed” that the attorney representing one of the men acquitted of the crime was also in Cayman to recover the money for his client, who the court ruled was not criminally implicated but “only the financial advisor”.
A page 3 article announced, ‘Islands’ First Lady Barrister Enters Private Practice’. Adrianne Webb had joined the law firm of Truman Bodden and Company. Webb, 22, had been called to the Bar on 17 July 1975, after spending three years overseas. She had attended Cayman Islands High School before going to Britain where she entered Gray’s Inn legal society which educated and trained barristers.
The editorial pointed to ‘confidence’ in Cayman’s banking industry despite the Bank of Montreal announcing the closure of its retail services, while continuing as a trust corporation. “There is no need to fear about the country as a banking community,” the editorial said, “because the Bank of Montreal has … expressed confidence in the Cayman Islands both now and for the future.” Noting that there were more than 200 banks and trust companies operating locally, the editorial concluded, “Long may Cayman remain as a leading and offshore banking country and a tax haven.”
A photo headlined, ‘Who’s the Admiral?’, showed some of the people involved in the upcoming movie, ‘Cayman Triangle’. ‘Admiral’ Bob Soto, centre, was pictured with, from left, Ralph Clemente, associate director; Karen Arrow, working on the script; Anderson Humphreys, director; and Larry Cayasso, secretary of the film’s producer Hefalump Pictures and a cast member.
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The Cayman Triangle is a lovely, farsical movie, with witty comedy appropriate for it’s time. I encourage anyone who hasn’t heard if it to give it a viewing. To really get it, one must he cognizant of the world in the mid 1970’s.
I still wonder if the creators of Teenage Mutunt Ninja Turtles may gave gotten their concept from the Turtle Rangers.
Check it out!