VSP Seek Info on Burglary
The VT State Police in Westminster are investigating a burglary at Jake’s Restaurant on Route 100 in Londonderry. Police say thieves broke into the restaurant between 11:30 pm on Friday and 6:00 am on Saturday hours. Entry was gained through a rear door. Taken from an office area was a safe and cash. Anyone with information regarding this crime is asked to contact VSP Westminster. 802-722-4600
Plea Deal Expected
Former Stoddard Volunteer Firefighter David H. Plante, 34 plans to plead guilty as part of a plea deal. Plante was charged with setting brush fires that burned more than 200 acres in Stoddard last April. Plante faces four felony counts of arson and three felony counts of reckless conduct for allegedly setting fires on at least two different properties in Stoddard and damaging additional property. If a judge approves the deal, five of those seven charges will be dropped, leaving him to plead guilty to two counts of arson for which Plante would spend between 2½ and seven years in state prison.
Endowment Down at Dartmouth
Dartmouth College’s endowment posted a 1.9 percent investment loss for its fiscal year that ended June 30.According to a press release on Friday by the College. The overall endowment value at $4.5 billion shows a 4 percent decline from last year’s figure of about $4.7 billion.
A statement from Chief Investment Officer Pamela L. Peedin ’89, Tu ’98 attributed these declines to a volatile global economy.
In fiscal year 2015, Dartmouth’s endowment earned 8.3 percent, buoyed by large investment returns and gifts. Over the past 20 years, the College’s endowment has posted an average annualized return of 10.2 percent.