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 October 14, 1986

Assignment of Mortgages
ASSIGNMENT OF MORTGAGES Received 10-10-86 129079 - Lincoln Natl Bk to Dixie S&L Assoc, L12 pt L11 B4 Lakeside Business Park Sec I Addn.</P><P>129080 - Same to same, L6'A' & 6'B' pt L6'C' of replat of part of L6 Lakeside Business...
Briefly.In Oklahoma
Republic Real Estate Goes on Block TULSA - More than 70 homes and other real estate owned by the Republic financial institutions, which sought protection from creditors infederal bankruptcy court, were on the block Monday in a television auction.</P><P>Most...
China Ready to Clear Path to Assist Foreign Investors
PEKING (AP) - China, responding to complaints that its poor investment climate is driving away foreign business people, has announced it will lower taxes, guarantee operating autonomy and reduce red tape for foreign enterprises.</P><P>In...
City Firm Markets New Form of Life Insurance / Available to Hospital Patients
A new form of life insurance, designed for individuals entering hospitals except for three exclusions, is being introd uced by Capital Security Life Insurance Co. of Oklahoma City, it was reported Monday.</P><P>It is a new term life policy,...
Civil
(85732) NOTICE BY PUBLICATION Case No. CJ-86-10587 In the District Court of Oklahoma County, State of Oklahoma.Federal National Mortgage As sociation, a corporation, Plaintiff, vs. L & K Properties, Inc., a corporation; et al, Defendants.THE STATE...
Civil
(85735) NOTICE BY PUBLICATION Case No. CJ-86-10886 In the District Court of Oklahoma County, State of Oklahoma.Mildred Elva Bruton, Plaintiff, vs. Keith David Lewis and Jeannie M. Lewis, Defendants. The State of Oklahoma to: Keith David Lewis and Jeannie...
Clausen's Return Will Allow Bankamerica Time to Stall / on Takeover Bid
SAN FRANCISCO - A.W. ""Tom'' Clausen's return to leadership of beleaguered BankAmerica Corp. will stall a decision on First Interstate Bancorp's $2.8 billion takeover bid, giving BankAmerica more time to resolve its problems, analysts said Monday.</P><P>Clausen...
Completions
COMPLETIONS Filed 10-10-86 LATIMER COUNTY Oxley Petroleum Company Emma White 3, 1-6N-17E, SE SE, Upper Atoka 4652-4715, 1,485 MCF, TD 10,850d. C&S Exploration, Inc. Collins Ranch C, 10-6N-17E, NW SW, Booch 1180-1500, 138.1 MCFGD, Hartshorne 2040-2400,...
Completions
COMPLETIONS Filed 10-10-86 ALFALFA COUNTY Anadarko Petroleum Corporation Board "A" 1-7, 7-24N-11W, E 1/2 NW, Oswego 5842-5977, 1 BO, tstm MCFGPD, TD 6400.BEAVER COUNTY Donald C. Slawson Leonard 1-21, 21-4N-24ECM, C-SW SW, Chester 6969-7347, 500,000 MCFGPD,...
Corporation Commission
(85743) NOTICE OF HEARING FOR MOTION OF ARKLA EXPLORATION COMPANY FOR EXTENSION OF TIME UNDER POOLING ORDER Cause CD No. 132,058 Before the Corporation Commission of the State of Oklahoma.Applicant: Arkla Exploration& Company. Relief Sought: Pool ing....
Corporation Commission
(85766) AMENDED NOTICE OF HEARING Cause CD No. 135,051 Before the Corporation Commission of the State of Oklahoma.Applicant: HG&G, Inc. Relief Requested: Well Location Exception. Legal Description: Unit A: E 1/2 SW 1/4, E 1/2 NW 1/4, E 1/2 W 1/2...
Corporation Commission Court Docket
THURSDAY OCTOBER 16, 1986 COMMISSION EN BANC DOCKET AT 9:00 A.M. ROOM #301 COM MC 58168 - Gene's Hotshot Service, Inc, sub 2, appeal to install rep.TRANSPORTATION DOCKET AT 10:00 A.M. TD MCC 39962 - Simons Petroleum Co. (Pulley), unauthorized disp....
Council to Consider Sale of Bonds Today
to one of six bidders will be considered today by the Oklahoma City Council.</P><P>Stifel, Nicolaus & Co., the city's financial advisor, indicated that Harris Trust and Savings Bank of Chicago and its associates were the low bidders...
Crude Runs to Stills Averaged over 12.6 Million Barrels a Day / during Week Ended Oct. 3
WASHINGTON (AP) - Total crude runs to stills averaged 12,609,000 barrels daily during the week ended Friday, Oct. 3, the American Petroleum Institute has reported. This compared with 12,946,000 barrels daily in the previous week and 11,930,000 barrels...
Downturn in Price of Oilfield Equipment May Be near End
HOUSTON - The value of oil drilling equipment tumbled along with oil, but machinery prices are beginning to climb from the rock-bottom dept hs reached earlier this year.</P><P>At a recent auction in Houston, Phillip Rivera bought the...
Energy Industry Needs More Than Just an Oil Import Fee / Says Spears
The energy industry needs something more than a Band-Aid in the form of an oil import fee, according to Robert Spears, who , along with sons Richard and John, operates Spears and Associates, a Tulsa firm specializing in energy industry analysis.</P><P>"People...
Firms Now Interviewing References in Much More Depth
Managerial layoffs mean more competition for jobs. That, in turn, means companies can be choosier about hiring. Many firms now interview references in much more depth. Recruiters may spend an hour on the phone with just one reference.Some companies,...
Japan Posts Record Surpluses for September, 6-Month Period
TOKYO (AP) - Japan's exports exceeded its imports by a record $8.92 billion in September, nearly doubling from a year earlier largely because of the steep rise of the yen against the U.S. dollar during that time, the Finance Ministry announced Monday.</P><P>Included...
Judgments Granted
JUDGMENTS GRANTED CIVIL Received 10-10-86 CJ-86-5210 - Sooner Fed S&L Assoc vs Dyson et al; $33,771.85.</P><P>CJ-86-2646 - same vs Cotter et al; $82,567.00.</P><P>CJ-86-2008 - same vs Ruby et al; $75,536.75.</P><P>CJ-86-2011...
Jurisdiction of Walters Case Now in 2 Courts / Including Supreme Court
The Oklahoma Supreme Court took jurisdiction Monday over the complaint on whether Democratic gubernatorial candidate David Walters violated state campaign law with illegal loans.</P><P>But the court left constitutional issues before three...
Landmark Buying City Mortgage Firm, Hotel / California-Based Developer to Purchase Waterford Hotel
A contract to purchase the Waterford Hotel, 6300 Waterford Blvd., has been signed by Landmark Land Co. , a national real estate developer based in Carmel, Calif., it was confirmed Monday by Joe Woodard, vice president for Landmark Land hotel operations.</P><P>Landmark...
Landmark Buying City Mortgage Firm, Hotel / United Oklahoma to Sell United Bankers Mortgage / Will Enhance Capital
Landmark Land Co. Inc. of Carmel, Calif., has signed a letter of intent to buy United Bankers Mortgage Corp., a wholly owned subsidiary of United Oklahoma Bank of Oklahoma City, Matt Troxell, a Landmark vice president, said Monday.</P><P>The...
Market Gain Small, Trading Slowest in Almost 2 Years
NEW YORK (AP) - The stock market eked out a small gain Monday, showing no clear-cut response to the news of disappointing results at the Iceland summit meeting.</P><P>Trading in the dual-holiday session set the slowest pace in nearly two...
Marriage License Returned
MARRIAGE LICENSE RETURNS Received 10-9-86 Tommy Glen Brown, 34 & Freda Marlene Young, 36, married 9-19-86, Rt 3 Box 53-A (Yukon).</P><P>Bret Virgel Schneider, 27 & Elizabeth Ann Howl, 27, married 10-4-86, 2425 Shady Tree Lane (Edmond).</P><P>Vernell...
Midfirst S&l to Open Three Western Oklahoma Branches
MidFirst Savings and Loan Association of Oklahoma City will open three new branches today in western Oklahoma as the resul t of its acquisition of the insolvent Homestead Savings and Loan Association in Woodward, which was closed late Friday by federal...
Miscellaneous
(85741) NOTICE TO CONTRACTORS Sealed proposals by Registered Mail will be received through the Capitol Substation Post office until 1:30 P.M. and will be received at the Oklahoma Department of Transportation Commission Room in the Oklahoma Department...
Mortgages
MORTGAGES Received 10-10-86 129077 - Nicholas Exploration Inc to Founders B&T Co OKC, $280,000, pt SW4 Sec 23 T11N R4W, etc.</P><P>129078 - Thomas N Capucille to same, $280,000, pt SE4 Sec 22 T11N R4W, etc.</P><P>129102...
New Cases before the District Court
CIVIL JURY Received 10-10-86</P><P>CJ-86-10792 - Investors Federal Bank F.S.B. formerly Investors Federal Savings & Loan Association a federally chartered savings bank vs Jerry M Smith & Verna Lee Smith, Gaskins Enterprises an...
New Cases before the District Court
SPECIAL Received 10-10-86 CS-86-8405 - Shirley's J&B Supply Inc an Oklahoma corp vs Robert E Brooks dba Oklahoma Chillwater Service; alleged breach of promise, $437.61, etc;Gary M Dawson atty; assg Judge Owens.</P><P>CS-86-8407...
New Cases before the District Court
DIVORCE Received 10-10-86 FD-86-7762 - Teresa Hickey Moore vs Alan Thomas Moore; Joanne LeBlanc Verity atty; assg Judge Kelley.</P><P>FD-86-7763 - Donald H Durland Jr vs Beverly K Durland; pro se; assg Judge Freeman.</P><P>FD-86-7765...
New Cases before the District Court
CJ-86-10861 - Midland Mortgage Co a corporation vs Lucian Jay Cotanny and Catherine Sue Cottany husband & wife First Union Mortgage Corporation a North Carolina corporation; alleged sum due & owingon mtg note, $16,028.10, etc; pet for forcl of mtg on...
New Locations
Filed 10-10-86 BEAVER COUNTY Natural Gas Anadarko Company Patzkowsky 3-30, 30-3N-23ECM, 1980fsl, 1320fwl of NE 1/4, Morrow 6800, Chester Lime 7200, Lower Chester Sand 7600, St. Genevieve 7700, St. Louis 7900, TD 8300, El. Not Available, Date Oper. to...
Odessa Show Draws Record Participation despite Slump
ODESSA, Texas (AP) - The annual Permian Basin Oil Show has signed a record-breaking number of exhibitors, giving oil industry members wearied by the continued slump in prices a dose of optimism.</P><P>All 912 booths at this week's show...
Orders
ORDERS CIVIL Received 10-10-86 CJ-86-1251 - Guaranty Bk & Tr Co vs Thach et al; quiet title etc.</P><P>CJ-85-10845 - Beneficial Fin Co of Okla Inc vs Blackshear et al; pay money into ct & disb.</P><P>CJ-85-8256 -...
Orders Entered
TUESDAY SEPTEMBER 30, 1986 OR-13136X - Own Risk.OR-131369 - Own Risk.OR-131368 - Own Risk.OR-131367 - Own Risk.OR-131366 - Own Risk.OR-131362 - Own Risk.OR-131361 - Own Risk.OR-13136 - Own Risk.OR-092151 - Own Risk.OR-09215 - Own Risk.OR-15627 - Own...
Orders Entered
TUESDAY SEPTEMBER 23, 1986 86-11587H - Smithco Engi neering Inc, form 14s.85-18583Y - Wagoner Public Works Authority, form 14s.85-16126K - Office of Public Affairs, form 14s.85-20920J - Central State Uni versity, form 14s.86-17134R - General Motors...
Output Could Be 1.2 Million Barrels a Day under Quotas
NICOSIA, Cyprus (AP) - Oil production by the Organization of Petroleum Exporting Countries could be as much as 1.2 million barrels a day below the current ceiling for the fourth quarter of the year, an authoritative oil publication reported MondayThe...
Pleadings & Filings
PLEADINGS & FILINGS CIVIL Received 10-10-86 CJ-86-7336 - Coc Energy Inc vs Long et al; req for admiss (2), interrog, req for prod of docu, pleading.</P><P>CJ-86-30 - Moore et al vs Merkey et al; pleading.</P><P>CJ-85-7001...
Pleadings & Filings
PLEADINGS & FILINGS DIVORCE Received 10-10-86</P><P>JFD-86-4685 - Teague; income assignment.</P><P>FD-86-5057 - Christensen; appl.</P><P>FD-86-7342 - Adamson; amended pet.</P><P>FD-86-6143 - Deutsch;...
Pleadings & Filings
PLEADINGS & FILINGS SPECIAL Received 10-10-86 CS-86-2964 - Cred Serv Inc vs Briggs; garn affi.</P><P>CS-85-8377 - same vs Aldrich; same.</P><P>CS-86-6422 - same vs Rollins; same.</P><P>CS-86-5536 - same vs...
Pleadings & Filings
CJ-84-422 - Halliburton Co vs Robinson Bros Drilling Co et al; ent of appear & not, ans to amend pet.CJ-84-2308 - Tran vs Yarzab; disml with prej.CJ-82-3444 - Midland Prop vs Merritt et al; garn ans. (2)CJ-86-9579 - Dresser Industries Inc vs Darden Energy...
Pleadings & Filings
CJ-86-4247 - Heweitt vs Shaw; pltfs ans to interrog, response to req for admiss.CJ-86-2280 - Mearkle et al vs Lewis et al; amend garn ans.CJ-86-2254 - Wagner & Brown vs Trigg Drill Co; req for prod of docu (7), interrog (5).CJ-86-5797 - Better Built...
Preliminary Docket
PRELIMINARY DOCKET THURSDAY OCTOBER 16, 1986 BEFORE JUDGE COFFMAN KOPP, ST. ATTY. 9:00 A.M. CRF-81-01780 - Aka Lisa Blair.CRF-83-05088 - David A. Hunt.CRF-83-06023 - Michael Wayne Boss.CRF-85-02923 - Ruddie D. Trim.CRF-85-05815 - Darla Oitker.CRF-86-02410...
Probate
(85728) NOTICE OF SALE OF OIL AND GAS LEASES UNDER POWER GRANTED IN WILL No. P-86-630 In the District Court of Oklahoma County, State of Oklahoma.In the matter of the Estate of Dorothea Rainey Corbyn, de ceasedNOTICE IS HEREBY GIVEN that First Interstate...
Probate Proceedings
PROBATE PROCEEDINGS Received 10-13-86 P-84-1666 - Est of Harry; fin dischg, rept of exec, receipt & rel.</P><P>P-81-50 - Est of Casey; brief.</P><P>P-86-1406 - Est of Ingram; fin acct.</P><P>P-86-1617 - Est...
Quit Claim Deeds
QUIT CLAIM DEEDS Received 10-10-86 129084 - First Natl Bk Luther to Ethan A Schrimsher et ux, $10, pt NE4 Sec 8 T13N R1W IM.</P><P>129094 - Harold Young to Stephen S Sanger et ux, $1, L9-12 B10 Epworth View Addn.</P><P>129098...
Release of Mortgages
RELEASE OF MORTGAGES Received 10-10-86</P><P>129081 - First Natl Bk MWC to Henry George Schroeder et ux, pt SE4 Sec 9 T11N R1E IM.</P><P>129101 - FirsTier Mtg Co to Robert L Steel et ux, L10 B21 Casady Hills 2nd Sec Addn.</P><P>129105...
Saudi Arabia Refuses to Extend Temporary OPEC Agreement / Oil Prices Fall
Oil-rich Saudi Arabia said Monday it would refuse to extend a temporary agreement of the Organization of Petroleum Exporting Countries that has helped boost prices significantly since August, injecting uncertainty into the cartel's week-old conference....
Single-Family Permits Down 7.9 Percent / Says Homebuilders' Report
Single family permits were down 7.9 percent to 2,347 for the first nine months of 1986 in the Oklahoma City metropolitan area fro m 2,550 over the same period a year ago, according to the Central Oklahoma Home Builders Association Inc.</P><P>That...
Some Industries Ok, Others Not, Business Leaders Say
HOT SPRINGS, Va. (AP) - The country's top business leaders are expressing unease about the future, reflecting the fact that while some segments of the economy are doing well many industries are in difficulty.</P><P>The 66-member Business...
Three City Businessmen among Forbes' Richest / Gaylord, Goldmans
Oklahoma City businessmen Edward Lewis Gaylord, Alfred Dreyfus Goldman and Monte Henry Goldman are among the 400 wealthiest people in America, according to the annual list prepared by Forbes magazine.The Forbes list, which will appear in the Oct. 27...
U.S. Rigs off First Time in 7 Weeks; Oklahoma's Down 8
The national active rig count fell for the first time in seven weeks for the week ended Oct. 10 to 814, according to figures released Monday by the International Association of Drillling Contractors based in Houston.</P><P>The active rig...
Warranty Deeds
WARRANTY DEEDS Received 10-10-86 129091 - H & L Land Co Ltd to L & O Mgt Inc, $10, L23 H&L no 10, pt SW4 Sec 20 T14N R1E. RS $3.00. Retn PO Box 6344 Norman.</P><P>129092 - Daniel R Stern et ux to Delbert R Walker et ux, $10,...
Webb Named Cook President; Jones Tabbed by Scott Rice
Charles E. Webb has recently been appointed president of Cook Electric Supply Co. Inc.</P><P>Webb, an electrical engineering graduate of the Rose-Hulman Institute of Technology, previously worked with Koch Fiberglass Products, General...
Wheeler to Address Association of Energy Economists
The International Association of Energy Economists will feature Gene Wheeler, Oklahoma Bankers Association president, as speaker at the association's Oct. 22 meeting.</P><P>Wheeler will discuss problems the banking industry and its borrowers...
Zeno's City Branch to Change Little as Result of Acquisition
The Oklahoma City branch of Zeno Systems Inc., based in Arlington, Texas, will see few immediate changes as a result of last w eek's acquisition by Erskine House Group, a publicly-held company based in Kent, England, according to Fred Gartrell,...