Posted on 08/21/2010 10:17:17 AM PDT by IbJensen
For the first time since the depths of the Great Depression, a Packo was not in charge Thursday of the iconic local restaurant chain that introduced Hungarian-style hot dogs and sauce to the world - and beyond.
Instead, a court-appointed receiver, Ottawa Hills resident Steve Skutch, spent the day wrapping his arms around the operations of Tony Packo's Inc. and keeping its nearly 200 employees on the job, while a family dispute between the descendants of its namesake rages in Lucas County Common Pleas Court.
The business will keep operating in the short term, but the long-term fate is less clear.
The company president, Anthony Packo, Jr., has asked the court to name a liquidation trustee because of irreconcilable differences with another family member who is a company co-owner, and Fifth Third Bank wants its $2.7 million in loans back.
The spat has customers at its five area locations concerned.
"It's a piece of Toledo, with Jamie Farr and all," the Springfield Township resident said, referring to a star of the 1970s television series M*A*S*H, whose character Cpl. Max Klinger repeatedly longed for Packo's food.
Customer Jeff Hastings, enjoying a stuffed cabbage, agreed: "It would be a morale blow to the city."
(Excerpt) Read more at toledoblade.com ...
|
I will have mine with onions and spicy mustard ping....
“that was among ‘the best of Toledo.’”
Completely agree! It’ll be a shame if it goes under
Tenderloin tips, sauteed fresh mushrooms, onion green pepper and special Beirut sauce, served with fries or rice.
Anyone who orders this with fries has a mental problem.
|
You should have tried their cabbage rolls.
Does anyone remember ‘The Bungalow’?
Her grandmother made those... yummmmmmm
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.