LAACO, Ltd. (LAACZ: OTC Pink Limited) | Stability LLC Announces Election of Charles Michaels to the Board

Stability LLC Announces Election of Charles Michaels to the Board

Dec 06, 2013

OTC Disclosure News Service

Los Angeles, CA


Los
Angeles, California, December 6, 2013 ? Stability LLC, the Managing General
Partner of LAACO, Ltd., announced today that the Managing Members had elected
Charles E. Michaels to the Board effective January 1, 2014.

In
welcoming Mr. Michaels to the Board, Stability Chairman Frank G. Hathaway said
?Charles has a unique understanding of Stability and LAACO, and he brings a
wealth of
corporate knowledge and public company
experience that will benefit both Stability and LAACO, Ltd.
  He has been a trusted advisor for more than
two decades.?

Charles
Michaels has been LAACO?s Secretary and General Counsel for the past 23 years.
  Mr. Michaels previously served as General
Counsel of Petrolane, then the largest distributor of propane gas in the United
States, and as Associate Group Counsel at Litton Industries.
  He is a retired U.S. Marine Corps Colonel, Viet
Nam veteran, and former President of the Los Angeles County Bar Association.
  Mr. Michaels is a graduate of Abilene
Christian University and Vanderbilt University School of Law.

LAACO,
Ltd. is a California limited partnership. The Partnership acquires, develops,
builds and manages Storage West self storage facilities in the western United
States. Wholly owned subsidiaries of the Partnership own and operate The Los
Angeles Athletic Club and California Yacht Club.

                                                                                 -end-

The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.

Article source: http://www.otcmarkets.com/stock/LAACZ/news?id=72825

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