THE JOURNAL RECORD

Resource for Oklahoma that specializes in business, legislative, and legal-related information sources. It gives daily updates and opinion on real estate, energy, finance, capitol, and law.

Articles from May 22, 1987

$33.6 Million Jet Blade Facility Construction 15% Completed
Construction is about 15 percent complete on the jet engine blade repair facility at Tinker Air Force Base.</P><P> When completed, the $33.6 million facility will consolidate all the blade repair operations into one location. Presently,...
Activity
ACTIVITIESFiled 5-20-87ALFALFA COUNTYARW Explroration Corp., Alfa 2, 32-24N-11W; C SW/4 SW/4 NE/4.CADDO COUNTYViersen & Cochran, S.G. Stevens 1-20, 20-9N-10W; W/2 NW/4 NW/4.CARTER COUNTYCox Oil & Gas, Inc., Cox ``P'' 11, 22-2S-2W; C NE/4 NW/4 NW/4...
Assignment of Mortgages
ASSIGNMENT OF MORTGAGES Received 5-20-87 64419 - GMAC Mtg Corp of PA to First Federated Svgs Assoc of Florida, L1 B8'B' Burke Northridge Manor Addn.</P><P> 64420 - First Federated Svgs Bank to Fed Home Loan Mtg Corp, L1 B8'B' Burke...
Briefly.Worldwide
Caterpillar to Provide Technology to Chinese BEIJING - Caterpillar Inc., the largest U.S. maker of industrial and farm machinery, will provide technology for 12 Chinese factories building construction equipment, Caterpillar President Peter Donis...
Briefly.Worldwide
Exxon Board Recommends Stock Split NEW ORLEANS - Exxon Corp. announced Thursday its board of directors is recommending a 2-for-1 stock split.</P><P> Shareholders will be asked in the near future to approve an increase in the number...
City Sales Tax Collections Fall 0.65 Percent in March/26th Straight Decline
Sales taxcollections came close to breaking even with a year ago during March in corporate Oklahoma City, but no cigar.</P><P> The collections for March business reached $6.38 million, only 0.65 percent down from $6.4 million in March...
Civil
(99522)</P><P>NOTICE BY PUBLICATION</P><P>Case No. CJ-87-5640</P><P>In the District Court of Oklahoma County, State of Oklahoma.</P><P>Oklahoma City Urban Renewal Authority, a public body corporate, ...
Civil
(99523)</P><P>NOTICE BY PUBLICATION</P><P>Case No. CJ-87-5641</P><P>In the District Court of Oklahoma County, State of Oklahoma.</P><P>Oklahoma City Urban Renewal Authority, a public body corporate, ...
Civil
(99524)</P><P>NOTICE BY PUBLICATION</P><P>Case No. CJ-87-5643</P><P>In the District Court of Oklahoma County, State of Oklahoma.</P><P>Oklahoma City Urban Renewal Authority, a public body corporate, ...
Civil
(99545)</P><P>ORDER DIRECTING ABSENT DEFENDANTS TO APPEAR AND DEFEND, AND DIRECTING SERVICE BY PUBLICATION</P><P>CIV No. 87-367-R</P><P>In the United States District Court for the Western District of Oklahoma. United...
Civil Division Docket
TRIAL DOCKET</P><P> TUESDAY MAY 26, 1987 JUDGE GULLETT 9:00 A.M. CJ-85-8434 - Daffodil Prop (Jeff Moorman) vs Equalization Board of Okla County (Ellen Calloway)</P><P> CJ-86-1330 - R&M Resources Inc (Fred Vaughan Jr)...
Clausen: Aviation Center Key to State's Recovery
The unity of purpose represented by the Oklahoma City Vo-Tech District 22 Aviation Career Center at Will Rogers World Airport is the key to Oklahoma's recovery, according to Don Clausen, director of special projects for the Federal Aviation Administration...
Conservative Balanced Mutual Funds Seek Investors Who Will Remain over Long Haul
With so many investments taking a roller coaster ride these days, Americans are seeking a little balance in their lives.</P><P> They're increasingly turning to ``balanced'' mutual funds, which divide their investment portfolios between...
Corporation Commission
(99532)</P><P>AMENDED</P><P>NOTICE OF HEARING</P><P>Cause PUD No. 000,359</P><P>Before the Corporation Commission of the State of Oklahoma.</P><P>Application of Mid-Continent Power Company,...
Corporation Commission
(99533)</P><P>NOTICE OF HEARING</P><P>Cause CD No. 116,554</P><P>Before the Corporation Commission of the State of Oklahoma.</P><P>Applicant: Hill Revocable Trust. In the Matter of Designating Operator,...
Corporation Commission
(99534)</P><P>NOTICE OF HEARING</P><P>Cause CD No. 137,111</P><P>Before the Corporation Commission of Oklahoma.</P><P>Applicant: Shawver & Son, Inc. Relief Requested: Pooling. Legal Description:...
Corporation Commission
(99535)</P><P>NOTICE OF INTENT TO DRILL OIL AND GAS WELL THROUGH HARTSHORNE COAL SEAM</P><P>Cause CD No. 134,857</P><P>Before the Corporation Commission of the State of Oklahoma.</P><P>Applicant: Donald...
Corporation Commission
(99536)</P><P>FIRST AMENDED</P><P>NOTICE OF HEARING</P><P>Cause CD No. 138,459</P><P>Before the Corporation Commission of the State of Oklahoma.</P><P>Applicant: Exxon Corporation. Relief...
Corporation Commission
(99537)</P><P>NOTICE OF HEARING</P><P>Cause CD No. 138,782</P><P>Before the Corporation Commission of the State of Oklahoma.</P><P>Applicant: Kaiser-Francis Oil Company. Relief Sought: Pooling. Land...
Corporation Commission
(99539)</P><P>NOTICE OF HEARING</P><P>Cause CD No. 139,059</P><P>Before the Corporation Commission of the State of Oklahoma.</P><P>Applicant: Roye Realty & Developing, Inc. Relief Sought: Well Location...
Corporation Commission
(99540)</P><P>NOTICE OF HEARING</P><P>Cause CD No. 139,114</P><P>Before the Corporation Commission of the State of Oklahoma.</P><P>Applicant: William R. Butler Gas Partner of Blaser No. 1 Partnership...
Corporation Commission
(99541)</P><P>NOTICE OF HEARING</P><P>Cause CD No. 139,120</P><P>Before the Corporation Commission of the State of Oklahoma.</P><P>Applicant: NBI Services, Inc. Relief Requested: Designation of Operator....
Corporation Commission
(99542)</P><P>NOTICE OF HEARING</P><P>Cause CD No. 139,403</P><P>Before the Corporation Commission of the State of Oklahoma.</P><P>Applicant: Lazy H Investments, Ltd. Relief Sought: Hardship Well Classification....
Corporation Commission
(99543)</P><P>NOTICE OF HEARING</P><P>Cause CD No. 139,505</P><P>Before the Corporation Commission of the State of Oklahoma.</P><P>Applicant: D & D Drilling Co. Relief Sought: Increased Density. ...
Corporation Commission
(99544)</P><P>NOTICE OF HEARING</P><P>Cause CD No. 139,498</P><P>Before the Corporation Commission of the State of Oklahoma.</P><P>Applicant: Sonat Exploration Company. Relief Sought: Increased Well...
Corporation Commission
NOTICE OF HEARINGCause CD No. 139,058Before the Corporation Commission of the State of Oklahoma.Applicant: Hadson Petroleum (USA), Inc. Relief Sought: Well Density. Legal Description: Section 6, Township 12 North, Range 9 West, Canadian County, Oklahoma.NOTICE...
Corporation Commission Court Docket
COURT CALENDAR</P><P>FRIDAY</P><P>MAY 22, 1987</P><P>INITIAL HEARING DOCKET</P><P>AT 9:00 A.M.</P><P>PUBLIC UTILITY DOCKET</P><P>IH PUD 00343 -- LDX Net, Inc, request for a certificate...
Dollar Moves Higher in Quiet Trading; Gold Prices Declines
NEW YORK (AP) - The dollar edged higher against most major foreign currencies in quiet, uneventful trading Thursday, as market participants awaited the release of several key economic indicators on Friday.</P><P> Gold prices declined....
Don't Go Wild Investing in Gold Market Funds/gold Funds Safe If Less Than 10% Investment Dollars Used
You remember the legendary King Midas, who by placing his pinky on an object could turn it into gold. Well, today, some three or four thousand years after the origins of the King Midas myth, gold funds look like they've been blessed with the Midas...
Family Relations Division Docket
TRIAL DOCKET</P><P> TUESDAY MAY 26, 1987 JUDGE CROY 9:00 A.M. JFD-82-2045 - Collins (Moss) (Koss)</P><P> JFD-85-3408 - Rodenberger (Koss)</P><P> P-85-1860 - B Wahauahooah (Kuhns) vs B N Hendley (T Hoffman)</P><P>...
Family Relations Division Docket
TRIAL DOCKET TUESDAY MAY 26, 1987 JUDGE JACKSON 9:00 A.M. P-83-2519 - Hall (Kennedy) vs McGee (Hoffman) JFD-79-2068 - Durant (Box) FD-84-5516 - Powell (Bay) vs Wilburn (Petty) JFD-84-2323 - Watson (Necco) JFD-82-6797 - Kalkbrenner (Merz) 1:30 P.M....
Firestone Net Income Up 141.6 Percent/for Second Quarter
AKRON, Ohio - A 141.6 percent increase in net income to $29 million, or 77 cents a share, was reported Thursday for the second fiscal quarter ended April 30 by Akron-based Firestone Tire & Rubber Co., which has a tire manufacturing plant in Oklahoma...
First Interstate, Allied Bancshare Merger Set/closing Seen by End of Year
LOS ANGELES - An agreement providing for the merger of Allied Bancshare Inc. of Houston with a wholly-owned subsidiary of First Interstate Bancorp of Los Angeles was announced Thursday. First Interstate Bancorp owns First Interstate Bank of Oklahoma...
Forcible Entry & Detainer Docket
FORCIBLE ENTRY AND DETAINER DOCKET JUDGE GORELICK TUESDAY MAY 26, 1987 9:00 A.M. SPECIAL Filed 5-18-87 CS-87-3374 - Herbert H Carpenter et al vs Jack Woosley et al.</P><P> SC-87-7364 - Lynd & Genn Harrell vs Jean Williams.</P><P>...
Fuel Use Act Repeal to Benefit Oklahoma/say Officials
Legislation repealing the Fuel Use Act was signed by President Reagan Thursday.</P><P> The new bill will be instrumental in providing positive long-term economic benefit's for Oklahoma's stagnant economy, according to James G. Harlow...
Judgments Granted
JUDGMENTS GRANTED CIVIL Received 5-20-87 CJ-87-3370 - Jim Walter Homes Inc vs Eugene Mayes Jr et al; $19,920.42.</P><P> CJ-86-12221 - First Sec Bk & Tr Co OKC vs Robert D Lonian et al; $110,399.40.</P><P> CJ-87-1191 -...
Juvenile
(99527)</P><P>NOTICE OF HEARING</P><P>JF-87-705</P><P>In the District Court for Oklahoma County, State of Oklahoma.</P><P>JUVENILE DIVISION</P><P>In the Matter of: David Murphy, Anthony Murphy...
Juvenile
(99562)</P><P>NOTICE OF HEARING</P><P>No. PA-87-223</P><P>In the District Court of Oklahoma County, State of Oklahoma.</P><P>In the Matter of Baby Boy Ward.</P><P>THE STATE OF OKLAHOMA TO:...
Miscellaneous
(99519) NOTICE OF OIL AND GAS LEASE OKLAHOMA CITY PUBLIC SCHOOLS INDEPENDENT SCHOOL DISTRICT 89 OIL AND GAS LEASE SALE BY SEALED BIDS TO BE OPENED AT 4:00 P.M., JUNE 15, 1987 Description Sec. Twp. Rge. Acres 1 14N 2W 1.056 All of the following described...
Miscellaneous
(99520) NOTICE OF OIL AND GAS LEASE OKLAHOMA CITY PUBLIC SCHOOLS INDEPENDENT SCHOOL DISTRICT 89 OIL AND GAS LEASE SALE BY SEALED BIDS TO BE OPENED AT 4:00 P.M., JUNE 15, 1987 EDGEMERE ELEMENTARY SCHOOL Description Sec. Twp. Rge. Acres 21 12N 3W...
Miscellaneous
(99521) NOTICE OF OIL AND GAS LEASE OKLAHOMA CITY PUBLIC SCHOOLS INDEPENDENT SCHOOL DISTRICT 89 OIL AND GAS LEASE SALE BY SEALED BIDS TO BE OPENED AT 4:00 P.M., JUNE 15, 1987 LEE ELEMENTARY SCHOOL Description Sec. Twp. Rge. Acres 16 11N 3W 8.00...
Missouri Senate Approves Off-Track Betting Measure
JEFFERSON CITY, Mo. (AP) - A proposed new law to allow off-track betting at race tracks in Missouri was passed by the Missouri Senate Thursday and sent to Gov. John Ashcroft.</P><P> Originally, the bill was intended to allow the state...
More Reorganization Possible for Og&e/to Shrink Workforce
The firstcustomer loss since the Great Depression is leading Oklahoma Gas & Electric Co. to study possible reorganization plans in addition to the utility's earlier efforts to shrink its workforce and electricity rates.</P><P> The...
Mortgage Loans at Okc, Tulsa S&ls Down 20%/state Down 33%
Total mortgage loans closed by savings and loans based in Oklahoma City and Tulsa declined 20 percent together in February, while all Oklahoma thrift loan closings dropped 33 percent from a year ago, according to figures released by the Federal...
Mortgage Rate Hikes Force Consumers to Change Strategies in Buying Homes
NEW YORK - The recent sharp rise in mortgage rates has forced many consumers to change their homebuying strategies, but housing experts say most buyers shouldn't find themselves pushed out of the market. The volatile rise in mortgage rates since late...
Mortgages
MORTGAGES Received 5-20-87 64393 - Terrill LaVan Ross Jr et ux to City Fed Svgs Bank, $45,308, L6 B5 Roxboro Sec 1 Addn.</P><P> 64394 - Mary Thompson to DPW Employees Credit Union, $4,000, L9 B3 Ridgeview Hgts 2nd Addn.</P><P>...
New Cases before the District Court
CIVIL JURY Received 5-20-87</P><P> CJ-87-5602 - Stewart Sales Company Inc vs Abbot Labortories; alleged breach of contract, $1,000,000.00, etc; Linda G Alexander atty; assg Judge Gullett. (attys lien claimed, jury trial demanded)</P><P>...
New Cases before the District Court
SPECIAL Received 5-20-87 CS-87-3442 - Urology Associates Inc vs A J Mullikin; on acct, $1642.00, etc; Steven R Barnes atty; assg Judge Gorelick.</P><P> CS-87-3443 - Beneficial Finance Co of Oklahoma a corp vs Kenneth R Colston &...
New Cases before the District Court
DIVORCE Received 5-20-87 FD-87-3555 - Brenda Sue Fuller vs Richard Weldon King; recip from Tarrant County, State of Texas, etc; NAI; assg Judge Burkett.</P><P> FD-87-3557 - Jose Carrasco vs Maria Guadalupe Carrasco; John Michael Smith...
New Locations
NEW LOCATIONS</P><P>Filed 5-20-87</P><P>CARTER COUNTY</P><P>American Exploration Co. A.S. Moore 3, 31-1S-3W, NW NE SW, 2310fsl 1650fwl of SW/4; Deese Sd Grp 4500'; TD 5000'; Gr. El: 1103'; Date Oper. to Begin:...
Oil & Gas Leases
OIL & GAS LEASES Received 5-20-87 64458 - Graybar Electric Co Inc to Philip M Lowry Co Inc, $1, 1 yr, 2.1135 acres, pt L11 Plainview Addn.</P><P> 64459 - Randy Marx et ux to same, $10, 3 yrs, .2917 acres, pt L5 Plainview 2nd Addn.</P><P>...
Orders
ORDERS CIVIL Received 5-20-87 CJ-87-3559 - White vs Dept of Human Servs et al; rel of medical records and info.</P><P> CJ-87-4673 - In Re Applic of Panhandle Eastern Pipeline Co et al; Okla Tax Commission approved ord etc.</P><P>...
Pleadings & Filings
PLEADINGS & FILINGS CIVIL Received 5-20-87 CJ-86-1997 - F A Highley Co Inc vs Photo Magic One Hour Express of Okla Inc; not of change of address.</P><P> CJ-85-7375 - Tapp Develop Co Ltd vs Smith et al; same.</P><P> CJ-85-7679...
Pleadings & Filings
CJ-86-11913 - Colonial Mtg Serv Co Assoc Inc vs Gray etal; ent of appear & disclaimer. CJ-87-4730 - Bk of Ok OKC NA et al vs Akin et al; ent of appear. CJ-87-4879 - FNMA vs Manning et al; ent of appear.. CJ-87-4076 - Lanza vs Casualty Corp of America...
Pleadings & Filings
PLEADINGS & FILINGS SPECIAL Received 5-20-87 CS-86-8978 - Am Fidelity Ins Co vs Okoli; pltf resp to deft interrog.</P><P> CS-87-1106 - RBR Inc dba vs Piil; not of hrng.</P><P> CS-87-1757 - Ins Co of N Am vs Riggs dba;...
Pleadings & Filings
PLEADINGS & FILINGS DIVORCE Received 5-20-87</P><P> FD-87-3295 - McRae; entry of appear.</P><P> JFD-85-8975 - Burkes; ans, resp to deft req for prod of doc.</P><P> FD-86-3269 - Jones; ans.</P><P>...
Probate Docket
PROBATE DOCKET</P><P> TUESDAY MAY 26, 1987 JUDGE RAKESTRAW 9:00 A.M. P-87-740 - Est of Hudson (M Barrett).</P><P> P-82-2251 - Con of Coppedge (R Graham Sr).</P><P> P-86-479 - Est of Wade (H Featherly).</P><P>...
Probate Proceedings
PROBATE PROCEEDINGS Received 5-21-87 P-87-297 - Est of Riggins; ord cancelling retn of sale, retn of sale, ord & not of hrng on 6-2-87 at 1:30 pm, affi of mail.</P><P> P-85-2215 - Est of Burke; ord allow fin acct, rel OTC.</P><P>...
Quit Claim Deeds
QUIT CLAIM DEEDS Received 5-20-87 64392 - Bank of Okla to Verex Properties Inc, $10, L6 B5 Roxboro Sec I Addn.</P><P> 64510 - William B Day to Claude E Ballard, $10, L29 & 30 B1 College Hill Addn.</P><P> 64588 - James...
Racing Panel Adopts Bad Debts Rule/to Avoid Being 'Collection Agency'
A rule that would free the Oklahoma Horse Racing Commission from being a "collection agency" on bad debts incurred by its individual licensees was approved Thursday by the commission. In addition Thursday, a set of rules that would have required the...
Regulatory Agencies: Serious Banking Problems Lie Ahead
WASHINGTON (AP) - The health of the U.S. banking industry is less than robust and serious problems lie ahead, the five principal bank regulatory agencies told Congress Thursday.</P><P> In a status report to the Senate Banking Committee,...
Release of Mortgages
RELEASE OF MORTGAGES Received 5-20-87 64407 - Robert Gene Park et ux to Arthur E Austin Jr et ux, L14 & pt L13 B2 Rolling Hgts 3rd Addn.</P><P> 64408 - Citicorp Person-to-Person Finl Center Inc to Peter F Ruckel et ux, L6 B26 Rambling...
Republic Resources Corp. Has $113,274 1st Quarter Net Loss
A net loss of $113,274, or 6 cents per share, was reported Thursday for the first quarter of 1987 by Republic Resources Corp. of Oklahoma City.</P><P> Republic Resources reported a net loss of $46,722, or 3 cents per share, for the similar...
Revenue Package to Take Effect Next Week/no Legislative Recess Schedule Set Yet
The $352 millionrevenue package which includes $275 million in new taxes will not go into effect until next week, and lawmakers still have not established a recess schedule in order to have enough time to prepare a budget for the coming fiscal...
Service, Product Led Doran to Buy Okc Curtis Mathes Franchise/gross Sales of $2 Million Expected in First Year of Ownership
Service often seems a rare commodity in today's society. Tom Doran's search for service and product integrity led to his purchase of the Oklahoma City franchise of Curtis Mathes Home Entertainment Centers, sellers of video recorders, video cameras,...
Sheriffs Sale
(99547)</P><P>NOTICE OF SHERIFF'S SALE</P><P>No. C-86-3263M</P><P>In the District Court of Cleveland County, State of Oklahoma.</P><P>OK Federal Savings and Loan Association of El Reno, Oklahoma, a corporation,...
Sheriffs Sale
(99552)</P><P>AFFIDAVIT OF PROOF</P><P>OF MAILING AND OF</P><P>PUBLICATION OF</P><P>NOTICE OF SALE</P><P>Case No. CJ-83-8362</P><P>In the District Court of Oklahoma County, State...
Shopping Center Vacancies Down/indicates Stabilization
Shopping center vacancies in the Oklahoma City area decreased this spring for the first time in about a year, according to a survey by Southwest Property Management Corp. of Oklahoma City.</P><P> The latest survey of 149 centers throughout...
Stock Market Finally Rebounds from Week-Long Slump/industrials Up 9.90
NEW YORK (AP) - The stock market managed to post a moderate gain Thursday, rebounding from a week-long slide.</P><P> But prices finished well below their midsession peaks as interest rates, which started off the day with a solid drop,...
Summons & Returns
SUMMONS & RETURNS SPECIAL Received 5-20-87 CS-85-429 - S Community Hosp vs Pascher; Leland S Pascher 5-8-87.</P><P> CS-86-2186 - Manpower Inc vs The Hubinger Organization Inc; John Hubinger 5-8-87.</P><P> CS-86-3375...
Two Oklahoma Firms Expand into Former Furniture Plant/in Guthrie
Two Oklahoma firms will expand into the former Oklahoma Furniture Co. plant in Guthrie as a result of the purchase of the 33-acre site with seven buildings by Unitech Electroplating Co. of Oklahoma City, it was announced Thursday.</P><P>...
Warranty Deeds
WARRANTY DEEDS Received 5-20-87 64389 - Elissa Jo Hancock nka Crocker to Ralph Harrison Crocker III et ux, $10, L5 B3 Hill Hgts 2nd Addn. Retn 5020 S Olie Pl OKC.</P><P> 64391 - Verex Properties Inc to Terrill LaVan Ross Jr et ux, ...
Women Have Larger Share of Labor Pool
Women accounted for a substantially larger share of the workforce in the Oklahoma City metropolitan area in 1986 than they did nationally, it was reported Thursday by the Southwest Regional Office of the Bureau of Labor Statistics in Dallas.</P><P>...