Federal Communications Commission
Washington, D.C. 20554
Approved by OMB
3060-0010 (June 2002)
FCC 323
FOR FCC USE ONLY
 
OWNERSHIP REPORT FOR COMMERCIAL BROADCAST STATIONS

Read INSTRUCTIONS Before Filling Out Form

FOR COMMISSION USE ONLY
FILE NO.

BOA - 20060802ABL
Section I - General Information
1. Legal Name of the Applicant 
QUINCY NEWSPAPERS, INC.
Mailing Address
P.O. BOX 909
City
QUINCY
State or Country (if foreign address)
IL
ZIP Code
62306 - 0909
Telephone Number (include area code)
2172235100
E-Mail Address (if available) 
TOAKLEY@QNI.BIZ
FCC Registration Number:
0002821783
Call Sign 
WGEM-FM
Facility ID Number 
54281
2. Contact Representative (if other than Licensee/Permittee)
KENNETH E. SATTEN
Firm or Company Name
WILKINSON BARKER KNAUER, LLP
Telephone Number (include area code)
2027834141
E-Mail Address (if available)

3. Name of entity, if other than licensee or permittee, for which report is filed

Mailing Address


City
State or Country (if foreign address)
ZIP Code
-
Telephone Number (include area code)
E-Mail Address (if available)
4. If this application has been submitted without a fee, indicate reason for fee exemption (see 47 C.F.R. Section 1.1114):
Governmental Entity Fee-exempt Report Other
N/A (Fee Required)



Section II - Ownership Information

5.

a. Biennial b. Transfer of Control or Assignment of License/Permit c. Other
d. Amendment to pending application


for the following stations:

[Enter Station Information]


Station List


This Report is filed for the following stations:

Call Letters
Facility ID Number
Location (City/State)
Class of service
WGEM-FM 54281 QUINCY IL FM



All of the information furnished in this Report is accurate as of 07/31/2006 (Date must comply with 47 C.F.R. Section 73.3615(a), i.e., information must be current within 60 days of filing of this report, when 5(a) below is checked.)

This Report is filed for (check one)
6.
Respondent is:
Sole proprietorship Not-for-profit corporation Limited partnership
For-profit corporation General partnership Other
If "Other", describe nature of the respondent in an Exhibit.
[Exhibit 1]
7.
List all contracts and other instruments required to be filed by 47 C.F.R. Section 73.3613.   (Only licensees, permittees, or a reporting entity with a majority interest in or that otherwise exercises de facto control over the subject licensee or permittee shall respond.)

[Enter Contract/Instrument Information]


Contracts/Instruments Information


List all contracts and other instruments required to be filed by 47 C.F.R. Section 73.3613. (Only licensees, permittees, or a reporting entity with a majority interest in or that otherwise exercises de facto control over the subject shall respond.)

Description of contract or instrument Name of person or organization with whom contract is made Date of Execution Date of Expiration
ARTICLES OF INCORPORATION STATE OF ILLINOIS 05/26/1950 5/26/2025

Description of contract or instrument Name of person or organization with whom contract is made Date of Execution Date of Expiration
BY LAWS STATE OF ILLINOIS 12/02/1950 5/26/2025

Description of contract or instrument Name of person or organization with whom contract is made Date of Execution Date of Expiration
CERTIFICATE OF AMENDMENT OF ARTICLES OF INCORPORATION STATE OF ILLINOIS 06/20/1966 5/26/2025

Description of contract or instrument Name of person or organization with whom contract is made Date of Execution Date of Expiration
SHARED SERVICES AGREEMENT SAGAMOREHILL OF MINNESOTA, LLC; SAGAMOREHILL OF MINNESOTA LICENSES, LLC; QUINCY NEWSPAPERS, INC.; AND KTTC TELEVISION, INC. 03/31/2005 3/31/2015

Description of contract or instrument Name of person or organization with whom contract is made Date of Execution Date of Expiration
AMENDED & RESTATED CREDIT AGREEMENT QUINCY NEWSPAPERS, INC., ITS SUBSIDIARIES, AND WACHOVIA BANK, NATIONAL ASSOCIATION, ET AL. 06/30/2006 6/30/2014

Description of contract or instrument Name of person or organization with whom contract is made Date of Execution Date of Expiration
AMENDED & RESTATED SECURITY AGREEMENT QUINCY NEWSPAPERS, INC., ITS SUBSIDIARIES, AND WACHOVIA BANK, NATIONAL ASSOCIATION, ET AL. 06/30/2006 6/30/2014

Description of contract or instrument Name of person or organization with whom contract is made Date of Execution Date of Expiration
AMENDED & RESTATED STOCK PLEDGE AGREEMENT QUINCY NEWSPAPERS, INC., ITS SUBSIDIARIES, AND WACHOVIA BANK, NATIONAL ASSOCIATION, ET AL. 06/30/2006 6/30/2014

Description of contract or instrument Name of person or organization with whom contract is made Date of Execution Date of Expiration
OPTION AGREEMENT SAGAMOREHILL OF MINNESOTA, LLC; SAGAMOREHILL OF MINNESOTA LICENSES, LLC; AND QUINCY NEWSPAPERS, INC. 03/31/2005 3/31/2015

Description of contract or instrument Name of person or organization with whom contract is made Date of Execution Date of Expiration
AGREEMENT FOR THE SALE OF COMMERCIAL TIME SAGAMOREHILL OF MINNESOTA, LLC; SAGAMOREHILL OF MINNESOTA LICENSES, LLC; QUINCY NEWSPAPERS, INC.; AND KTTC TELEVISION, INC. 03/31/2005 3/31/2015


8. Capitalization (Only licensees, permittees, or a reporting entity with a majority interest in or that otherwise exercises de facto control over the subject licensee or permittee shall respond.)

[Enter Capitalization Information]


Capitalization


Capitalization (Only licensees, permittees, or a reporting entity with a majority interest in or that otherwise excercises de facto control over the subject licensee or permittee shall respond.)

Class of stock (preferred, common or other)
Voting or Non-voting
Number of Shares
Authorized
Issued and Outstanding
Treasury
Unissued
COMMON
V
105000
97023
7977


9.
(a.) List the respondent, and, if other than a natural person, its officers, directors, stockholders and other entities with attributable interests, non-insulated partners and/or members. If a corporation or partnership holds an attributable interest in the respondent, list separately its officers, directors, stockholders and other entities with attributable interests, non-insulated partners and/or members. Create a separate row for each individual or entity. Attach supplemental pages, if necessary.
[Enter Owner Information]

Owner Information

List the respondent, and, if other than a natural person, its officers, directors, stockholders and other entities with attributable interests, non-insulated partners and/or members. If a corporation or partnership holds an attributable interest in the respondent, list separately its officers, directors, stockholders and other entities with attributable interests, non-insulated partners and/or members. Create a separate row for each individual or entity. Attach supplemental pages, if necessary.
(Read carefully - The numbered items below refer to line numbers in the following table.)
1. Name and address of respondent and each party to the respondent holding an attributable interest (if other than individual also show name, address and citizenship of natural person authorized to vote the stock or holding the attributable interest). List the respondent first, officers next, then directors and, thereafter, remaining stockholders and other entities with attributable interests, and partners.
2. Gender (male or female).
3. Ethnicity (check one).
4. Race (select one or more).
5. Citizenship.
6. Positional interest: Officer, director, general partner, limited partner, LLC member, investor/creditor attributable under the Commission's equity/debt plus standard, etc.
7. Percentage of votes.
8. Percentage of total assets (equity debt plus).

1. Name and Address THOMAS A. OAKLEY (VOTING AS TRUSTEE OF THE THOMAS A OAKLEY REVOCABLE TRUST AND ON BEHALF OF THE GORDON M. SMITH TRUST); 935 COUNTRY CLUB DRIVE WEST, QUINCY IL 62301
2. Gender (male or female) Male
3. Ethnicity (check one) Hispanic or Latino
Not Hispanic or Latino
4. Race (select one or more) American Indian or Alaska Native
Asian
Black or African American
Native Hawaiian or Other Pacific Islander
White
5. Citizenship US
6. Positional Interest PRESIDENT/CEO/TREASURER/DIRECTOR
7. Percentage of votes 12.52
8. Percentage of total assets (equity debt plus) 12.52

1. Name and Address SUSAN OAKLEY-DAY; 913 ABINGDON ROAD, VIRGINIA BEACH, VA 23451
2. Gender (male or female) Female
3. Ethnicity (check one) Hispanic or Latino
Not Hispanic or Latino
4. Race (select one or more) American Indian or Alaska Native
Asian
Black or African American
Native Hawaiian or Other Pacific Islander
White
5. Citizenship US
6. Positional Interest DIRECTOR
7. Percentage of votes 0.52
8. Percentage of total assets (equity debt plus) 0.52

1. Name and Address PETER A. OAKLEY (VOTING AS TRUSTEE OF THE PETER A. OAKLEY REVOCABLE TRUST); 2900 SOUTHFIELD, QUINCY, IL 62301
2. Gender (male or female) Male
3. Ethnicity (check one) Hispanic or Latino
Not Hispanic or Latino
4. Race (select one or more) American Indian or Alaska Native
Asian
Black or African American
Native Hawaiian or Other Pacific Islander
White
5. Citizenship US
6. Positional Interest SECRETARY/ASST. TREASURER/DIRECTOR
7. Percentage of votes 3.00
8. Percentage of total assets (equity debt plus) 3.00

1. Name and Address RALPH M. OAKLEY; 2824 CARNOUSTIE LANE, QUINCY, IL 62301
2. Gender (male or female) Male
3. Ethnicity (check one) Hispanic or Latino
Not Hispanic or Latino
4. Race (select one or more) American Indian or Alaska Native
Asian
Black or African American
Native Hawaiian or Other Pacific Islander
White
5. Citizenship US
6. Positional Interest VICE PRESIDENT/COO/ASST. SECRETARY/DIRECTOR
7. Percentage of votes 0.58
8. Percentage of total assets (equity debt plus) 0.58

1. Name and Address DAVID A. GRAFF; 709 BIRDIE LANE, QUINCY, IL 62301
2. Gender (male or female) Male
3. Ethnicity (check one) Hispanic or Latino
Not Hispanic or Latino
4. Race (select one or more) American Indian or Alaska Native
Asian
Black or African American
Native Hawaiian or Other Pacific Islander
White
5. Citizenship US
6. Positional Interest ASSISTANT TREASURER
7. Percentage of votes 0.00
8. Percentage of total assets (equity debt plus) 0.00

1. Name and Address DENNIS R. WILLIAMS; 2000 WILMAR DRIVE, QUINCY, IL 62301
2. Gender (male or female) Male
3. Ethnicity (check one) Hispanic or Latino
Not Hispanic or Latino
4. Race (select one or more) American Indian or Alaska Native
Asian
Black or African American
Native Hawaiian or Other Pacific Islander
White
5. Citizenship US
6. Positional Interest CHAIRMAN/DIRECTOR
7. Percentage of votes 0.00
8. Percentage of total assets (equity debt plus) 0.00

1. Name and Address LELA B. LINDSAY AND F.M. LINDSAY JR., TRUSTEES OF A.O. LINDSAY TRUST; 1851 GROVE AVENUE, QUINCY, IL 62301
2. Gender (male or female) Female
3. Ethnicity (check one) Hispanic or Latino
Not Hispanic or Latino
4. Race (select one or more) American Indian or Alaska Native
Asian
Black or African American
Native Hawaiian or Other Pacific Islander
White
5. Citizenship US
6. Positional Interest NONE
7. Percentage of votes 25.97
8. Percentage of total assets (equity debt plus) 25.97

1. Name and Address LEE LINDSAY CURTIS, INDIVIDUALLY, AS CO-TRUSTEE OF LINDSAY TRUST, AND AS BENEFICIARY OF BARBARA LEE WILLIAMS TRUST; 218 SOUTH 18TH STREET, QUINCY, IL 62301
2. Gender (male or female) Female
3. Ethnicity (check one) Hispanic or Latino
Not Hispanic or Latino
4. Race (select one or more) American Indian or Alaska Native
Asian
Black or African American
Native Hawaiian or Other Pacific Islander
White
5. Citizenship US
6. Positional Interest NONE
7. Percentage of votes 7.14
8. Percentage of total assets (equity debt plus) 7.14

1. Name and Address LUCY LINDSAY SMITH (VOTING LUCY LINDSAY SMITH AND ROBERT W. SMITH JOINT TENANTS); 2 MONTGOMERY PLACE, DECATUR, IL 62522
2. Gender (male or female) Female
3. Ethnicity (check one) Hispanic or Latino
Not Hispanic or Latino
4. Race (select one or more) American Indian or Alaska Native
Asian
Black or African American
Native Hawaiian or Other Pacific Islander
White
5. Citizenship US
6. Positional Interest DIRECTOR
7. Percentage of votes 5.73
8. Percentage of total assets (equity debt plus) 5.73

1. Name and Address MARTIN M. LINDSAY (VOTING AS CUSTODIAN FOR MEGAN MCKAY WHITWORTH); 2560 N. HADDOW AVENUE, ARLINGTON HEIGHTS, IL 60004
2. Gender (male or female) Male
3. Ethnicity (check one) Hispanic or Latino
Not Hispanic or Latino
4. Race (select one or more) American Indian or Alaska Native
Asian
Black or African American
Native Hawaiian or Other Pacific Islander
White
5. Citizenship US
6. Positional Interest VICE CHAIRMAN/DIRECTOR
7. Percentage of votes 2.94
8. Percentage of total assets (equity debt plus) 2.94


(b) Respondent certifies that equity and financial interests not set forth in response to Question 9(a) are non-attributable. Yes No

N/A

See Explanation in
[Exhibit 2]

(c) Is the respondent or any party holding an attributable interest in the respondent also the holder of an attributable interest in any other broadcast station or in any cable or newspaper entities in the same market or with overlapping signals in the same broadcast service, as described in 47 C.F.R. Sections 73.3555 and 76.501? Yes No
If "Yes", submit an Exhibit identifying the holder of that other attributable interest, listing the call signs, locations and facilities identifiers of such other broadcast stations, and describing the nature and size of the ownership interest and the positions held in the other broadcast, cable or newspaper entities. [Exhibit 3]
(d) Are any of the individuals listed in response to Question 9(a) related as parent-child, husband-wife, brothers and sisters?

Yes No

 

If "Yes", submit an Exhibit setting forth full information as to the family relationship

[Exhibit 4]

(e) Is respondent seeking an attribution exemption for any officer or director with duties unrelated to the licensee or permittee?

If "Yes", submit an Exhibit identifying that individual by name and title, fully describing that individual's duties and responsibilities, and explaining why that individual should not be attributed an interest.

Yes No

[Exhibit 5]



SECTION III - CERTIFICATION


I certify that I am VICE PRESIDENT

(Official Title)


of QUINCY NEWSPAPERS, INC.

(Exact legal title or name of respondent)


and that I have examined this Report and that to the best of my knowledge and belief, all statements in this Report are true, correct and complete.

(Date of certification must be within 60 days of the date shown in Question 5, Section II and in no event prior to that date.)

Signature
RALPH M. OAKLEY
Date
07/31/2006
Telephone Number of Respondent (Include area code) 2172235100

WILLFUL FALSE STATEMENTS ON THIS FORM ARE PUNISHABLE BY FINE AND/OR IMPRISONMENT (U.S. CODE, TITLE 18, SECTION 1001), AND/OR REVOCATION OF ANY STATION LICENSE OR CONSTRUCTION PERMIT (U.S. CODE, TITLE 47, SECTION 312(a)(1)), AND/OR FORFEITURE (U.S. CODE, TITLE 47, SECTION 503).



Exhibits
Exhibit 3
Description:
ATTRIBUTABLE INTERESTS

SEE ATTCHED.

Attachment 3
Description
Attributable Interests


Exhibit 4
Description:
FAMILIAL RELATIONSHIPS

THOMAS A. OAKLEY AND PETER A. OAKLEY ARE BROTHERS AND COUSINS OF SUSAN OAKLEY-DAY.

RALPH M. OAKLEY IS THE SON OF THOMAS A. OAKLEY.

LUCY LINDSAY SMITH AND MARTIN M. LINDSAY ARE COUSINS.

Attachment 4