b'News Johns Manville Explores Sale of Company BuildingproductscompanyThe, createdin 1988 toused in roofing and flooring.It trustJohns Manville Corp., which wascover asbestos-related claims, ishad sales of $1.8 billion in8. 199itinearly devastated by asbestos Ibeing advised by Goldman SachsBut Johns Manville was best gatiinthe1980s,has& Co.knownasa major producerof on announced it will explore a"No decision has been made toasbestos, whichserious causes possible sale or merger.enter into any transaction or as tolung ailmen The company was ts. The company said it willwhat form any such transactionforced intou y1 as bankr ptc in982 strategbegin aic review ofmighttake,"accordingtotheitfacedthousandsofhealthalternatives andhas hiredstatement.related lawsuits. J.P. Morgan & Co. Inc. as aUpontheannouncement,W le in,comhi bankruptcy the financial adviser.shares of Johns Manvilledpany halted asbestos production jumpeThe announcement was made$1.06 to $17 per share in and created at fund to cover com trusby the company and its majorityposite trading on the New Yorkasbestos-related claims. vi lehe shareholderMan IPersonalStock Exchange.T company briefly changed InjurySettlement Trust,whichTheis a major pro itsnametoSchullerCorp.in company holds a 79percent stake intheducer ofberglass wall insulation1996, but tookback the Johns ficompany.and also makes other p Manville name theyear. roductsfollowing CHARLES ELLIS \'\'CHARLEY\'\' CORNELL CharlesEllis "Charley"Cor of theWar.Before retir KnoelkeandCathleenJenkins, Korean nell,67,Independence,Mo.,in Cornellowner and pres fourgrandchildren;andsister g,was passed away Saturday, Jan. 30,identofCornellRoofingandD King. orothy 1999,North Kansas CitySheet Metal Co., Independence.CornellR andSheet atHos oofing pital.Mass of Christian BurialHe was acityMetalCo.hasbeenanMRCA formercouncilman occurred at 10 a.m. Wednesday,and member of the city planningmembercompanysince1967. Feb. 3,atSt.Mark\'sCatholiccommission andJaycees.HeCharley\'s son,Charles"Chip" the Church, Independence, followedwas also andirector ofCornell, Jr., has been an advisoryMRCA by burial inOlilvet Cemetery.the Sun ineCenter, a Fourthboard director since 1997. Mt.shMemorial contributions may beDegreeKnightofColumbus, made to the Sunshine Center, 607Council 3430, and a m ber of emWest Lexington, Independe S Mark\'s Catholic Church and nce,t. Mo.theGolf Club.He was Lakewood Cornell was born F ruary 14,preceded in death by an infant ebwas 1931, in Independence, andason.Survivors include his wife, lifelong area resident.He gradu Lillian Cornell; dau , Chrisghtera from William Chrisman Hightine Winans; son, Charles Corted School, and was arine veterannellJr.;daughters,Cynthia Mat1 6'