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 January 8, 1988

10.9% Increase Proposed in State Tourism Budget / for Advertising, Raises
Pay raises, receipts from a state tourism tax and funding to aid tourism promotion activities are among the major reasons for a $3.8 million, or 10.9 percent budget, increase for the coming fiscal year for the Oklahoma Department of Tourism and...
1987 Us.S. Christmas Shopping Season Better Than Expected
The 1987 Christmas shopping season was more successful than expected for the nation's largest general retailers, who reported December sales figures Thursday. But some stores had a rougher time than others.</P><P> ``It turned out to...
Airport Enplanements Up 64.8% since 1977
Emplanements at Will Rogers World Airport have grown 64.8 percent since 1977, according to figures from the Oklahoma City Department of Airports.</P><P> Figures showed there were 1.5 million enplaning (arriving) passengers during 1987,...
Alpine Property Assumes Howard Johnson Control / on Lincoln Blvd
Alpine Property Management Co. has been formed to take over management of the Howard Johnson Motor Lodge at N. Int. Hwy. 240 and Lincoln Blvd.</P><P> Alpine has managed the lodge since Jan. 1, when Prime Motor Inns Inc. of Fairfield,...
American, Southwest Tops in On-Time Performances / Says Scorecard
WASHINGTON (AP) - American Airlines and Southwest Airlines are the leaders in on-time performance after three months of government scrutiny, while Northwest and Delta are at the bottom of the latest rankings.</P><P> The Transportation...
Boardings Hit Record at Will Rogers Airport
A record 1.5 million passengers boarded flights at Will Rogers World Airport in 1987, according to figures released Thursday by the Oklahoma City Department of Airports.</P><P> The enplanements (departing passengers) represented a growth...
Briefly.In Oklahoma
Weekend Vo-Tech Workshop Canceled State education officials canceled a weekend mid-winter workshop for vocational-education administrators and instructors because of a winter storm that dumped a foot of snow on many parts of Oklahoma.</P><P>...
Briefly.Worldwide
Vehicle Production Quota Set DETROIT - Domestic automakers were scheduled to produce 192,862 cars and light trucks this week as 1988 production commenced, according to Ward's Automotive Reports.</P><P> No cars were produced last week....
City Economy Increases 'Solid' 3.5 Percent / during Third Quarter; State Economy Posts Fifth Straight Gain
A "solid" 3.5 percent increase to the highest level since May 1985 was reached by the Oklahoma City economy during the third quarter of 1987, according to the General Business Index, while Oklahoma's statewide economy managed another slight gain....
City Firms Negotiate Leases for 23,757 Square Feet
Record Staff Reporter Three metropolitan area real estate companies have announced leases totaling 23,757 square feet of office and retail space.</P><P> Southwest Property Management Corp., a subsidiary of Henderson National Corp.,...
Consumer Debt Up at 4.4% Annual Rate
WASHINGTON (AP) - Americans took out $2.22 billion more in installment credit than they paid off in November as the growth in consumer borrowing slowed in the first full month after the October stock market crash, the government said Thursday.</P><P>...
Corporation Commission
(15786)</P><P>NOTICE OF HEARING</P><P> Cause CD No. 143,013</P><P> Before the Corporation Commission of the State of Oklahoma.</P><P> Applicant: Stephens Production Company. Relief Sought: Well Location...
Corporation Commission
(15787)</P><P>NOTICE OF HEARING</P><P> Cause CD No. 143,012</P><P> Before the Corporation Commission of the State of Oklahoma.</P><P> Applicant: Midwestern Exploration Company. Relief Sought: Well Location...
Corporation Commission
(15788)</P><P>NOTICE OF HEARING</P><P> Cause CD No. 143,011</P><P> Before the Corporation Commission of the State of Oklahoma.</P><P> Applicant: Midwestern Exploration Company. Relief Sought: Pooling....
Corporation Commission
(15789)</P><P>NOTICE OF HEARING</P><P> Cause CD No. 142,950</P><P> Before the Corporation Commission of the State of Oklahoma.</P><P> Applicant: Shawver & Son, Inc. Relief Sought: Pooling. Land Covered:...
Corporation Commission
(15790)</P><P>NOTICE OF HEARING</P><P>Cause CD No. 143,203</P><P> Before the Corporation Commission of the State of Oklahoma.</P><P> In the Matter of the Application of C.D. Davidson, Director of the...
Corporation Commission
(15791)</P><P>NOTICE OF HEARING</P><P>Cause CD No. 143,204</P><P> Before the Corporation Commission of the State of Oklahoma.</P><P> In the Matter of the Application of C.D. Davidson, Director of the...
Dollar Ends Higher; Gold Price Declines
NEW YORK (AP) - The dollar finished higher against most major currencies in jittery trading Thursday, after stumbling earlier when central banks stopped coming to the dollar's aid and traders questioned the depth of the banks' commitment to support...
Earnings Forecasts Define Best Stock Prospects / Kerr Mcgee Picked as Potential Takeover Candidate
With 1987 ended as a disquieting investment year, market professionals are mulling over their candidates for favored stocks in 1988. One general theme running through these choices is the prospect for increased earnings during the next two years....
Few Changes in Management, Operations of Uspci Expected / after Merger
Few changes in operations and management - at least for the short term - are anticipated as a result of the pending $415 million merger between Oklahoma City-based USPCI Inc. and Union Pacific Corp. of New York, according to officers with both...
Forecast for National Real Estate Industry Reflects Oklahoma, Southwest Conditions
"Prevailing uncertainty will mean a conservative tone for the real estate markets during 1988. Risk aversion will mean an even harder look at the details of proposed deals, a consequently slower response time to offerings and a lower ratio of closings...
'Main Street' Firms Have Fewer Problems Coping with Economy
Merchants in smaller communities in Oklahoma seem to be coping with the state's continued economic slump compared to their counterparts in the metropolitan areas of the state, in the opinion of Dr. Willis Wheat, T.K. Hendrick Distinguished Professor...
Miscellaneous
(15785)NOTICE OF TRUSTEE`S PROPOSED SALE OF PROPERTY 11 U.S.C. Section 363 Cause No. 86-2654-A (Chapter 7) Adv. No. 86-560 In the United States Bankruptcy Court for the Western District of Oklahoma. In Re: Richland 1981-I Drilling Program, Limited,...
Mortgages
MORTGAGES Received 1-6-88 391 - Cleo A Martinez et ux, $43,500, L43 B93 Hillcrest Hgts Addn.</P><P> 401 - John Jay Saldi to Heritage S&L Assoc of Elk City, $245,610, L23 B1 The Oaks Addn.</P><P> 402 - David K Etris...
New Cases before the District Court
CIVIL JURY Received 1-6-88</P><P> CJ-88-90 - Continental Federal Savings & Loan Association vs James E Williams, Kathleen Williams, First National Bank of Yukon, Jerlene Dick Finely, Spencer State Bank, Dick L Berry. Allied Okla ...
New Cases before the District Court
SPECIAL Received 1-6-88</P><P> CS-87-8407 - Scrivner Inc vs The Old Maple Inc dba Fuddruckers; alleged indebtedness, $7673.93, etc; Pete White atty; assg Judge Gorelick.</P><P> CS-87-8408 - Scrivner Inc vs Jalal Rahseparian...
New Cases before the District Court
DIVORCE Received 1-6-88</P><P> FD-88-35 - George K Miller vs Brenda L Miller; Don R Maranville atty (MWC); assg Judge Jackson.</P><P> FD-88-40 - Stanley L VanNort vs Ethel Annette VanNort; C Thomas Kite atty; assg Judge...
New, Expanding Industry Investments Rise 57.2%
New and expanding industries invested $476.2 million in Oklahoma in 1987, a 57.2 percent increase from $302.9 million invested in 1986, according to the Listing of New and Expanded Manufacturers and Processors report released Thursday by the Oklahoma...
Oil, Gas Firms Plan to Hike Spending / for Exploration, Production
NEW YORK - Oil and gas companies are budgeting surprisingly strong increases in 1988 for worldwide exploration and production expenditures, according to the sixth annual survey by Salomon Brothers' stock research department. The increases, by world...
Pleadings & Filings
CIVIL Received 1-6-88</P><P> CJ-85-8833 - Estephanian Originals vs C T Sam Gann et al; garnishee summ.</P><P> CJ-85-2828 - Cook et al vs Pepco Inc et al; affi.</P><P> CJ-87-13112 - Sunbelt Savings vs Diversified...
Pleadings & Filings
CJ-87-13350 - Hilst et al vs Napco Const Co et al; ans of deft. CJ-87-12817 - Sooner Fed S&L Assoc vs Lawrence et al; ans. CJ-87-11601 - American Fidelity Assurance Co vs Emberlin et al; amend counterclaim and cross pet. CJ-87-13552 - Hunsucker ...
Pleadings & Filings
CS-87-6952 - Metro Bk NA vs James H Smith; JE of judg, pltf is awarded judg in personam from deft $4228.17. CS-87-965 - Citibk SD NA dba vs David Nash; JE of judg, pltf have & recover judg against deft $3793.24. CS-87-7358 - Gelhaar Uniform Co Inc...
Pleadings & Filings
SPECIAL Received 1-6-88 CS-87-7182 - Adolescent & Adult Psychiatry Inc vs Spitz; mot for def judg against garn.</P><P> CS-87-2454 - Outdoor Spts HQ Inc vs Gunter dba; mot for def judg.</P><P> CS-86-8237 - Gen Elec Cred...
Pleadings & Filings
DIVORCE Received 1-6-88</P><P> FD-85-1142 - Nathaniel vs McCallister; decree of dismissal.</P><P> FD-85-1162 - Locke; decree of dismissal.</P><P> FD-85-1168 - Kuhlman; same.</P><P> FD-85-1182 -...
Presiding Chief Judge Civil Docket
TRIAL DOCKET</P><P> PRESIDING CHIEF JUDGE TUESDAY JANUARY 12, 1988 10:00 A.M. CJ-87-14636 - Sooner Fed (Barnes) vs Fisher.</P><P> CJ-86-4735 - Lomas & Nettleton Co (Mock) vs Brown.</P><P> CJ-85-13104 - Sooner...
Quit Claim Deeds
QUIT CLAIM DEEDS Received 1-6-88 435 - James Meeks to Lynda Jean Meeks, $10, L7 B1 Pointon's Pheasant Run Addn.</P><P> 438 - Bank of Okla to General Electric Mtg Insurance Corp, $10, L5 B16 Almonte Addn.</P><P> 439 - Solvent...
Release of Mortgages
RELEASE OF MORTGAGES Received 1-6-88 392 - Sooner Fed S&L Assoc to T J Neumann & Associates Inc, pt L13 B25 Harvets Hills South Sec 3 Addn.</P><P> 417 - Fed Natl Mtg Assoc to Gene Williams, L10 B12 Park Estates 11th Addn.</P><P>...
Senate Panel Will Probe Cause of Stock Market's Crash
WASHINGTON - Sen. William Proxmire, chairman of the Senate Banking Committee, said Thursday he wants to learn the cause of the Oct. 19 stock market crash to determine if present laws and regulations should be changed or new ones are needed. ``It is...
Stock Market Stages Late Rally; Up 14.09
NEW YORK (AP) - Stock prices bounced upward in late trading Thursday, recovering from some early selling to post their fourth straight advance in 1988.</P><P> The Dow Jones average of 30 industrials, down more than 20 points in early...
Summons & Returns
SUMMONS AND RETURNS CIVIL Received 1-6-88</P><P> CJ-87-14285 - City Federal Savings Bank vs Byrne et al; not served.</P><P> CJ-87-14285 - Same vs Byrne et al; Not served. (4)</P><P> CJ-87-14291 - City Fed Savings...
Summons & Returns
CS-87-8116 - sme vs Matthews: Mitchel E Matthews 12-28-87. CS-87-8551 - Fretwell Enterp vs Porterfield: Lenora Porterfield 12-29-87. CS-87-8571 - Baptist Med Ctr of Ok Inc vs Bynum; S Ray Bynum & Mary Bynum 12-29-87. CS-87-7877 - same vs Wiley et...
Three Metro Homes Sold at Prices above $150,000
Joye E. Bryan has purchased a home at 642 East Oak Pl. in East Oak Place addition in Edmond. The seller was East Oak Development Co. Inc. The brick home was built in 1987. It has three bedrooms and 3 1/2 baths in its 3,300 square feet. The home ...
Total Crude Runs Average 13.18 Million Barrels Daily / Up Slightly
WASHINGTON (AP) - Total crude runs to stills averaged 13.18 million barrels daily during the week ended Friday, Jan. 1, the American Petroleum Institute has reported.</P><P> This is up 0.2 percent from 13.16 million barrels daily in...
Trial Docket
JUDGE WAYNE E. ALLEY</P><P>CIVIL TRIAL DOCKET</P><P>COURTROOM NO. 4</P><P>MON., FEB. 8, 1988</P><P>9:30 A.M.</P><P> NOTICE TO ALL COUNSEL: If a pretrial order has not already been filed,...
Warranty Deeds
WARRANTY DEEDS Received 1-6-88 385 - James C Menifee et ux to Metropolitan Distribution Center Inc, $10, L1 B7 Lexington Addn, OKC. Retn 3710 NW 3, OKC.</P><P> 390 - Admin of Vet Affairs to Cleo A Martinez et ux, $10, L43 B93 Hillcrest...
White House to Go Slow on Stock Panel Recommendations
WASHINGTON - The Reagan administration will move slowly on whatever recommendations are offered by a White House task force studying the October stock market crash, the president's chief spokesman said Thursday.</P><P> ``We'll receive...
World Nations Must Cut Surpluses, Interest Rates / to Safeguard Confidence in U.S
``My Eyes Glaze Over.''</P><P> The ``Group of Seven'' is a MEGO. The ``unprecedented trade deficit'' is another MEGO. And the ``declining price of the dollar'' is the biggest MEGO of all.</P><P> In the last few days, ministers...