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'Mothballed' Bakery May Bake Again.



The venerable Koehler Bakery in Sherwood may be saved after facing bankruptcy bankruptcy, in law, settlement of the liabilities of a person or organization wholly or partially unable to meet financial obligations. The purposes are to distribute, through a court-appointed receiver, the bankrupt's assets equitably among creditors and, in most  and all but closing during the past few months.

"We've been dealing, and we have signed a letter of intent with a company," company president Bob Koehler said last week.

The 80-year-old bakery at 5902 Warden WARDEN. A guardian; a keeper. This is the name given to various officers: as, the warden of the prison; the wardens of the port of Philadelphia; church wardens.  Road is facing massive debt and numerous lawsuits from creditors and the state Employment Security Division for non-payment of unemployment taxes.

The staff has dwindled to a "mothball moth¬∑ball ¬†
n.
1. A marble-sized ball, originally of camphor but now of naphthalene, stored with clothes to repel moths.

2. mothballs
a.
" crew, Koehler said. The only part of the baking baking: see cooking.
baking

Process of cooking by dry heat, especially in an oven. Baked products include bread, cookies, pies, and pastries.
 company that once shipped products to a multi-state region is the retail store, he said.

The buyer, whom Koehler declined to name, wants to close the deal by May 6, Koehler said.

"It would be a good deal, a lot of jobs," he said.
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Publication:Arkansas Business
Article Type:Brief Article
Geographic Code:1USA
Date:Mar 12, 2001
Words:129
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