The seizure and holding of property as security for payment of a debt or satisfaction of a claim; “Originally distress was a landlord’s remedy against a tenant for unpaid rents or property damage but now the landlord is given a landlord’s lien” [syn: distress] Wordnet 3.0 Princeton University
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The Deadline has long passed, the ghosts of pulp and paper workers still roam the lines of the Watson Island mill, and not a dollar in tax revenue has been provided to the city of Prince Rupert since Skeena closed its doors.
So, with a bold declaration of “We don’t want taxpayers stuck on the hook for taxes againâ€
I’m hoping the new owners of the mill here don’t try the same shit. The mill went for $6 million, three years after P&T paid $39 and did some expansion…
The worry now is that they’ll just strip and sell it and use the forest license to truck stuff to grind up at the pulp mill they bought in Mackenzie.
Talk on the hush is that a local consortium offered over 4 times as much and was told thru channels to STFU you little pipsqueaks.