http://www.jonesbahamas.com/?c=123&a=14273
Sep 27 07
North Eleuthera Regatta To Determine Boat Of Year
By Gerrino Saunders
“In the A-class the Good News, is ahead of the pack, followed closely by the Silent Partner and the Red Hot Thunderbird.
“In the B-Class the Ants Nest has a one-point lead over the Eudeva, and in third behind the Eudeva is the Ansbacher Queen
[note: i believe the Queen has been mentioned before as a “King” boat - one of his others is the Queen Brigetta]
“The organization of the awards show will be spearheaded by ‘King’ Eric Gibson and the sports ministry is also expected to assist with the award show where the owners and crew of the top sloops win huge cash prizes which they often use to make repairs, build new sloops and celebrate victory.”
full text here:
http://www.jonesbahamas.com/?c=47&a=14525
19th October
Offshore Bank Seals
By QUINCY PARKER
EFG Bank and Trust International has experienced significant business growth in The Bahamas, through EFG Bank & Trust (Bahamas) Limited, and according to the company is sealing its ties here by moving to new quarters in the Centre of Commerce Building on Bay Street.
EFG Bank and Trust International has experienced significant business growth in The Bahamas, through EFG Bank & Trust (Bahamas) Limited, and according to the company is sealing its ties here by moving to new quarters in the Centre of Commerce Building on Bay Street.
The offshore bank was awarded a banking and broker-dealer license from the Central Bank of The Bahamas in February 2006, enabling the business to serve the Bahamian private banking clients acquired from Banco Sabadell in 2005.
According to an EFG International press release, this was a precursor to ambitious organic growth plans, growth that is to be underlined when the new premises on Bay Street open on Tuesday, October 23.
“This significant investment reflects EFG International’s confidence in the business, under the leadership of Steve Mackey, and commitment to The Bahamas. The new premises are now fully operational, and will be officially opened on October 23,” the release said.
“The business is developing according to plan, and as of mid-2007 had grown to over 35 employees, including 12 Client Relationship Officers (CROs).”
Steve Mackey, Regional Head at EFG Bank & Trust (Bahamas) Limited, said the official opening of the new premises “is a clear reflection of our commitment to building a strong and sustainable business in The Bahamas.”
“As a business we have a lot going for us. We are making good headway, and our appeal to experienced private wealth management organisations, all with experience of The Bahamas, and with an average of over ten years’ experience in private banking.”
land law in the Bahamas
full text here:
http://www.jonesbahamas.com/?c=135&a=13985
3rd September
The Bona fide Purchaser for Value of a Legal Estate Without Notice
The above equitable principle is capable of confusing academic and professional lawyers because of its ramifications in real life situations. It is difficult to understand the doctrine without a clear understanding of some basic principles of Land Law. Our Land Law in The Bahamas fundamentally draws from English Land Law. Thus, let us explain the concept of ownership under English Real Property Law. English Law generally does not recognize the concept of absolute ownership of land by any subject of the Crown. Thus, all land belongs to the Crown and as such only the reigning monarch for the time being can enjoy absolute ownership. All that a subject can enjoy is an “estate” in the land, which gives him or her the right to occupy the land for either an indeterminate or a fixed period of time depending upon the nature of the estate. Whenever we talk of estate we are referring to the nature or kind of interest that one may have in land in light of the fact that the concept of ownership does not exist under English Land Law. Initially, the king will grant the use of land to persons as tenants of a life estate. This estate which relates to tenure or use of the land in the highest degree is what is commonly referred to as “fee simple estate”. The word “fee” indicates that the estate is capable of being inherited. This interest or estate in the land can be alienated or sold or transferred even by a gift to another party and the third party will acquire an interest or estate in the land subject to the original grant. He can equally leave the property by Will to persons of his choice. The Fee Simple, however, lives on and one should appreciate the fact that although in reality it may effectively go on forever, the fact remains that it gives no more than the right to occupy the land for a period of time, and if the owner dies, without the statutory next of kin (who takes the place of heirs after 1925) the land reverts to the Crown. This is called Escheat.
I know I’m a little more suspicious in my old age, but have you all seen poster “Its Only Me” on Crime Library site? Could it be HKS or a relative? I can’t find the original post, I think the moderator deleted it, but it was quoted in post 2593. He/she says that Virgie probably wishes that Danielynn had never been born so she and Donald Hogan could get Anna’s money. Several posters questioned the cruel remark, but he/she stood by their statement. Very pro-Stern, anti-Virgie. Asked several questions about Jerry Brown. Posts were very short, but like trying to get info from other posters. Its Only Me just signed up on 10/16. Like I said, I’m very suspicious. Maybe I’m wrong.
Lucayan Lady sloop
By DAHALIA SMITH, NG Sports Reporter
SPRING POINT, Acklins – Howard Stern, husband of the late Anna Nicole Smith, was appreciative for the new sloop Anna Nicole, that sailed for the first time at the 30th Annual Acklins Regatta and Homecoming this past holiday weekend.
One month ago, ‘King’ Eric Gibson appointed several young sailors and boat builders under the age of 20 to refurbish his Lucayan Lady sloop. When they were done, the sloop’s color was changed from green to pink and renamed Anna Nicole. Stern, who attended the Acklins regatta, said he had mixed emotions about watching the boat sail for the first time.
“It was hard for me to come here, but at the same time, I am grateful to Shane Gibson and ‘King’ Eric for honoring her this way. So, it was fitting for me to support the idea, the people and the island of
Acklins at the same time. I know this is something that Anna wanted because we discussed this in January. It made me think about how things could have been if she was still alive to see this,” said Stern.
Overall, the Anna Nicole finished second behind Lee Armbriser’s Good News and ahead of Dentrick Miller’s Sea Star. According to Stern, it is the effort that counts.
“It does not matter to me if the Anna Nicole wins or loses because I know that Anna would have wanted ‘King’ to be the captain of her boat. When I saw the boat for the first time I really liked it and I know Anna would have loved it too, mainly because of the color scheme,” explained Stern.
When Stern arrived on the island, the Gibson family gave him a tour. He got a chance to see the house where Bahamian music legend ‘King’ Eric grew up, sampled some native fruits like sugar apple, guinep and tamarind. He was also treated to a celebratory breakfast to launch the new Anna Nicole sloop.
“I really appreciated the hospitality of the people on Acklins Island. This is a fantastic island and the people are very friendly. I really wish that Anna could have been here. This island is a hidden jewel. I hope that staging a race in her honor and the publicity it will gain, turns out to be good for the economy here,” added Stern.
Acklins is expected to gain international media exposure this week as the E! Entertainment channel was in town to cover the regatta. Although Gibson did not win the A-class, he congratulated the overall winner, the Good News.
“Lee Armbrister has the leading boat for ‘Boat of the Year’, so if you really want to beat him you have to come strong. Overall, I am happy with how Anna Nicole performed. We worked out all of the kinks and now we are ready for the next regatta. For the most part, we are happy after pulling off another major regatta in Acklins that was very successful. The people who came down seemed to have enjoyed it,” Gibson said
http://www.thenassauguardian.com/sports/307091049382007.php