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 30, 1987

401(k) Retirement Plans Roll on despite Tax Roadblocks/salary Reduction Plans Should Not Be Seen as Savings Account
Your retirement strategy begins at work.</P><P> The 401(k) salary reduction plans offered by many American companies, an outgrowth of the basic savings and thrift plans begun back in the 1950s, are rolling along despite some roadblocks...
Airport Trust Foresees First Dip in Revenues since 1981/delayed Royalty Payments to Blame
The first drop in annual revenues since 1981 is projected for this fiscal year by the Oklahoma City Airport Trust, but most of the decline is attributed to delayed payments of oil and gas royalties.</P><P> Revenues of $20.8 million are...
Assignment of Mortgages
ASSIGNMENT OF MORTGAGES Received 5-28-87 67465 - FDIC to FDIC, L13 B1 Tompkins Terr Addn.</P><P> 67466 - Same to same, pt L6 B6 West Point Addn.</P><P> 67467 - Same to same, L27 & 28 B7 Putnam Hgts Addn.</P><P>...
Briefly.In Oklahoma
Business Women to Hear Medical Updates An update on new developments in various medical specialties will be presented at the National Association of Women Business Owners monthly meeting Thursday at The Sportsman's Club.</P><P> Moderating...
Briefly.Worldwide
Way Cleared for Sale of TBS Shares ATLANTA - The era of Ted Turner as virtual ruler of Turner Broadcasting System is about to end, with the federal government clearing the way for a group of cable television companies to buy a 36 percent stake...
Building Managers Urge Delay of Phone Maintenance Change
Building managers Friday urged the Corporation Commission to delay changing rules for maintenance of telephone lines inside a building.</P><P> Ed Geary, attorney for the Oklahoma City chapter of the Building Owners and Managers Association,...
Cape Cod Bed-and-Breakfast Inn Shows How It's Done Well/'over Look' Combines Hospitality, Comfort, Leisure, Historical Touring
EASTHAM, Mass. - In 1869, a schooner captain named Barnabus Chipman built a three-story frame home in this historic old Cape Cod town to "over look" the Salt Pond and the cape.</P><P> In the 1920s, after Chipman's family no longer owned...
Completions
COMPLETIONS</P><P>Filed 5-27-87</P><P>BECKHAM COUNTY</P><P>B.F. Butler, Trissel 3, 31-8N-21W, SW/4 NE/4 SW/4, 1650fsl-1650fwl, Granite Wash 930-1125, 3 BO, 50 MCFGD, TD 1200'.</P><P>BLAINE COUNTY</P><P>Bogert...
Completions
COMPLETIONS</P><P>PART 2</P><P>OKFUSKEE COUNTY</P><P>Brand Oil & Gas, Inc., Odessa Jack 3, 3-10N-9E, NW/4 SE/4 NE/4, 990fsl-</P><P>1650fwl, 1st Gilcrease 2980-2997, 15 BO, 100 MCFGD, TD 3774.</P><P>Beard...
Completions
Patriot Petroleum Co., Jesica No 1, 25-17N-1E, SE/4 SW/4 NE/4, 330fsl-890fwl, Lower Skinner 4431-4437, 28 BO + 62 MCFGD, TD 4800# . Brunar Exploration Company, Zondler No 1-3, 3-19N-3W, C NW/4 NE/4 1980fsl-660fwl, Hoover 31279-3187, 0 BO + 89 MCFGD;...
Corporation Commission
(00135) NOTICE OF HEARING Cause CD No. 138,607 Before the Corporation Commission of the State of Oklahoma. Applicants: Glenn R. Stevens, L. Helen Stevens, Carroll Russell, Mona Russell, Juanita E. Hollandsworth, Anna F. Mayer, Lewis Mayer, Clara...
Corporation Commission
(00146)</P><P>NOTICE OF HEARING</P><P>Cause No. MC 70,918</P><P>Before the Corporation Commission of the State of Oklahoma.</P><P>In Re: Joint Application of M.D. Snider Leasing Co., Inc.: P.O. Box 299,...
Corporation Commission
(00148)</P><P>NOTICE OF HEARING</P><P>Cause CD No. 138,540</P><P>Before the Corporation Commission of the State of Oklahoma.</P><P>Applicant: Dernick Resources, Inc. Relief Sought: Location Exception....
Corporation Commission
(00149)</P><P>THIRD AMENDED</P><P>NOTICE OF HEARING</P><P>Cause CD No. 138,177</P><P>Before the Corporation Commission of the State of Oklahoma.</P><P>Applicant: CNG Producing Company. Relief...
Corporation Commission
(00150)</P><P>AMENDED</P><P>NOTICE OF HEARING</P><P>Cause CD No. 139,060</P><P>Before the Corporation Commission of the State of Oklahoma.</P><P>Applicant: Joseph F. Mueller and Marjo Oil...
Corporation Commission
(00151)</P><P>NOTICE OF HEARING</P><P>Cause CD No. 139,061</P><P>Before the Corporation Commission of the State of Oklahoma.</P><P>Applicant: Celeron Oil and Gas Company. Relief Sought: To Pool and Fix...
Corporation Commission
(00152)</P><P>NOTICE OF HEARING</P><P>Cause CD No. 138,783</P><P>Before the Corporation Commission of the State of Oklahoma.</P><P>Applicant: Kaiser-Francis Oil Company. Relief Sought: Increased Well...
Corporation Commission
(00153)</P><P>NOTICE OF HEARING</P><P>Cause CD No. 138,963</P><P>Before the Corporation Commission of the State of Oklahoma.</P><P>Applicant: Ran Ricks, Inc. Relief Sought: Well Location Exception. Land...
Corporation Commission
(00154)</P><P>NOTICE OF HEARING</P><P>Cause CD No. 138,965</P><P>Before the Corporation Commission of the State of Oklahoma.</P><P>Applicant: Ran Ricks, Inc. Relief Sought: Drilling and Spacing Units....
Corporation Commission
(00155)</P><P>NOTICE OF HEARING</P><P>Cause CD No. 139,124</P><P>Before the Corporation Commission of the State of Oklahoma.</P><P>Applicant: Brustan Petroleum Corporation Sopac Exploration, Inc. Relief...
Corporation Commission
(00156)</P><P>NOTICE OF HEARING</P><P>Cause CD No. 139,422</P><P>Before the Corporation Commission of the State of Oklahoma.</P><P>Applicant: Anadarko Petroleum Corporation. Relief Requested: Increased...
Corporation Commission
(00157)</P><P>NOTICE OF HEARING</P><P>Cause CD No. 139,423</P><P>Before the Corporation Commission of the State of Oklahoma.</P><P>Applicant: Sabine Corporation. Relief Requested: Pooling. Legal Description:...
Corporation Commission
(00158)</P><P>NOTICE OF HEARING</P><P>Cause CD No. 139,424</P><P>Before the Corporation Commission of the State of Oklahoma.</P><P>Applicant: Liberty Exploration Company. Relief Requested: Pooling. Legal...
Corporation Commission
(00159) NOTICE OF HEARING Cause CD No. 139,425 Before the Corporation Commission of the State of Oklahoma. Applicant: Liberty Exploration Company. Relief Requested: Pooling. Legal Description: NE/4 SE/4 of Section 26, Township 5 North, Range 3 West,...
Corporation Commission
(00160) NOTICE OF HEARING Cause CD No. 139,582 Before the Corporation Commission of the State of Oklahoma. Applicant: El Paso Production Company. Relief Requested: Increased Well Density. Legal Description: Section 2, Township 7 North, Range 24 West,...
Corporation Commission
(00161)</P><P>NOTICE OF HEARING</P><P>Cause CD No. 139,583</P><P>Before the Corporation Commission of the State of Oklahoma.</P><P>Applicant: El Paso Production Company. Relief Requested: Increased Well...
Corporation Commission
(00162)</P><P>NOTICE OF HEARING</P><P>Cause CD No. 139,584</P><P>Before the Corporation Commission of the State of Oklahoma.</P><P>Applicant: El Paso Production Company. Relief Requested: Increased Well...
Corporation Commission
(00163)</P><P>NOTICE OF HEARING</P><P>Cause CD No. 139,585</P><P>Before the Corporation Commission of the State of Oklahoma.</P><P>Applicant: El Paso Production Company. Relief Requested: Increased Well...
Corporation Commission
(00164)</P><P>AMENDED</P><P>NOTICE OF HEARING</P><P>Cause CD No. 139,070</P><P>Before the Corporation Commission of the State of Oklahoma.</P><P>Applicant: Kelley Oil & Gas. Relief Sought:...
Corporation Commission
(00165)</P><P>NOTICE OF HEARING</P><P>Cause CD No. 139,506</P><P>Before the Corporation Commission of the State of Oklahoma.</P><P>Applicant: Spectra Energy Corp. Relief Sought: Increased Density. Legal...
Corporation Commission
Dana D. Kenoyer, Jarrod Kenoyer, Harold D. Sylvis, Laura B. Sylvis, B.H. Dunnagan, Damon L. Hubbard and H. LaMoyne Hubbard, Kurt A. Wiegel and Lea Wiegel, Angelin Cope, Lisle H. and Dorothy Downey, George H. Wickham, George H. Wickham, Executor of...
Corporation Commission
NOTICE IS HEREBY GIVEN that Applicants in this Cause are requesting that the Commission issue an order vacating Order No. 16,377, as superseded, amended, modified, amplified, extended and/or affected by subsequent Orders, insofar as such Orders established...
Corporation Commission Court Docket
COURT CALENDAR MONDAY JUNE 1, 1987 COMMISSION EN BANC DOCKET AT 9:30 A.M. ROOM # 301 COM PUD 00238 - Okla. Corp Commission, notice of inquiry concerning the procedures for detariffing the installation & maintenance of inside wiring. MOTION DOCKET...
Despite Volatility, Wall Street Has Little Change in Two Months
NEW YORK - For all its readily apparent volatility, the stock market has actually shown very little net change over the past two months.</P><P> There were no less than seven different sessions during April and May when the Dow Jones...
Doomsayers Fear Increasing Crisis from International Debt
NEW YORK - The jeremiads of financiers and economists, like those of other prophets or physicians, are usually intended to alarm miscreants enough to bring about actions that will avert the evil.</P><P> The latest such doomsayer is Felix...
Economic Indicators Plunge; Biggest Decline in Two Years
WASHINGTON - The government's main forecasting gauge of future economic activity plunged 0.6 percent in April - the biggest decline in two years for the Leading Indicators Index of the U.S. Commerce Department. The weakness in the index was the first...
Forcible Entry & Detainer Docket
FORCIBLE ENTRY AND DETAINER DOCKET JUDGE GRAY WEDNESDAY JUNE 3, 1987 9:00 A.M. SPECIAL Filed 5-27-87 CS-87-3169 - Henderson Hills Shops Inc vs Aquatics Center Inc.</P><P> SC-87-8267 - Valley Brook Apts vs Rex & Stacey Howe.</P><P>...
House Passes Several Omnibus Appropriations Measures
several of the omnibus appropriation bills which will be considered during the next two weeks while the state Legislature is recessed.</P><P> Among the bills passed were Senate Bill 77, sponsored in the House by Rep. Steve Lewis, D-Shawnee.</P><P>...
Japanese Press Gain Perspective on Covering America
WASHINGTON - Toyohiro Akiyama, Washington bureau chief of the Tokyo Broadcasting System, bought a Chrevrolet Impala a couple years ago as his personal contribution to easing trade tensions between Tokyo and Washington.</P><P> ``This...
Judgments Granted
JUDGMENTS GRANTED CIVIL Received 5-28-87 CJ-87-948 - Fed Home Loan Mtg Corp vs Patrick D Brown et ux; $68,043.99.</P><P> CJ-87-2984 - Plavco Mtg Co Inc vs Billy M Hill et ux et al; $63,509.67.</P><P> CJ-86-11095 - Mikles...
Juvenile
(00140) NOTICE BY PUBLICATION PA-87-185 In the District Court of Oklahoma County, State of Oklahoma. In the District Court of said County and State. In re the Adoption of Billy Brian Stevenson, a minor child. To Debbie Blackburn: You will take notice...
Juvenile
(00141) NOTICE OF HEARING JF-86-169 In the District Court For Oklahoma County, State of Oklahoma. In the Matter of: Jeremigh Stephens aka Jeremiah Christine Stephens, child(ren) alleged to be: deprived. THE STATE OF OKLAHOMA TO: Father: Clyde Stephens,...
Juvenile
(00142)</P><P>NOTICE OF HEARING</P><P>JF-86-1270</P><P>In the District Court of Oklahoma County, State of Oklahoma, Juvenile Division.</P><P>In the Matter of: Patrick Lyn Cravens, Tina Reene Cravens, ...
Juvenile
(00171)</P><P>NOTICE OF HEARING</P><P>JF-84-649</P><P>In the District Court for Oklahoma County, State of Oklahoma, Juvenile Division.</P><P>In the Matter of: Eishawn Shannell Davis, Tasha Lannell Davis, ...
Juvenile
(00172) NOTICE OF HEARING JF-87-591 In the District Court for Oklahoma County, State of Oklahoma, Juvenile Division. In the Matter of: Baby Girl Brannon, child alleged to be: deprived. THE STATE OF OKLAHOMA TO: Father: Thomas Mitchell - whereabouts...
Juvenile
(00187)</P><P>NOTICE OF HEARING</P><P>No. PA-87-239</P><P>In the District Court of Oklahoma County, State of Oklahoma.</P><P>In the matter of Baby Girl Bannon.</P><P>THE STATE OF OKLAHOMA...
Juvenile
(00188)</P><P>NOTICE OF HEARING</P><P>No. PA-87-238</P><P>In the District Court of Oklahoma County, State of Oklahoma.</P><P>In the matter of Baby Girl Mascorro.</P><P>THE STATE OF OKLAHOMA...
Local Federal Executes Agreement/with Four Existing Investors
Local Federal Savings and Loan Association of Oklahoma City has executed an investment agreement with four existing investors enabling the investors to increase beneficial ownership of Local Federal common stock to 25 percent, the thrift announced...
Miscellaneous
(00168)</P><P>ADVERTISEMENT FOR PROPOSALS</P><P>The Oklahoma City Urban Renewal Authority, a public body corporate, 301 North Harvey, Oklahoma City, Oklahoma, invites the presentation of formal proposals for the purchase ...
Mortgages
MORTGAGES Received 5-28-87 67457 - John W Bumpus Sr to First Natl Bk of Bethany, $50,000, L17 B1 Lionsgate replat of B3 Brentmark VII Addn.</P><P> 67458 - Eugene E Snow et ux to Peoples State Bank, $15,000, pt SE4 Sec 33 T13N R2W IM.</P><P>...
Mortgages
67981 - William R Campbell Jr et ux to Oak Tree Mtg Corp, $53,820, L5 B23 Meadow Lakes Sec 7 Addn. 67982 - Russell W Hawkins et ux to First Okla B&T Co of Edmond, $75,000, L15 B3 Spring Hill Addn. 67983 - Elizabeth Anne Barnes to Liberty Mtg Co,...
Motion Docket
MOTION DOCKET JUDGE PARR MAY 29, 1987 9:00 A.M. 84-7290 - Robert L. Maidt (John Travis Edwards) vs Sooner Concrete Pumping et al et al (Robert Garner McCampbell). Motion for determination of attorney's fee on appeal: Reset 9:00 a.m. Monday June 1,...
New Cases before the District Court
SPECIAL Received 5-28-87 CS-87-3599 - Tinker Credit Union vs Rayma Moroney aka Rayma Patterson aka Rayma McBee; prom note, $2157.75, etc; F Anthony Musgrave atty; assg Judge Gorelick. (atty lien claimed).</P><P> CS-87-3602 - Linda...
New Cases before the District Court
CJ-87-5919 - Sheryl Gatewood vs Kentucky Fried Chicken; alleged pers injry, $43,000.00, etc; Joey Chiaf atty; assg Judge L Freeman. (attys lien claimed) CJ-87-5920 - Gary Graves Overbey vs Dave Muir Fine Foods Inc a corp; alleged pers injry, $150,000.00,...
New Cases before the District Court
CIVIL JURY Received 5-28-87</P><P> CJ-87-5876 - Gulfstream Aerospace Corporation vs Gary C Johnston individually and as general partner of 50 Rockwell Associates Ltd and John L Hessel as general partner of 50 Rockwell Associates Ltd; ...
New Cases before the District Court
DIVORCE Received 5-28-87 FD-87-3722 - Shirley J Mayfield vs Donald G Mayfield; real prop L21 B13 Rhapsody Heights 2nd Addn to City of Midwest City, Oklahoma County, aka 1812 Symphony Lane in Midwest City, Oklahoma, etc; Glenn J Sharpe (MidW Cy)...
Oil & Gas Leases
OIL & GAS LEASES Received 5-28-87 67655 - Chris V Speligene et ux to R C Bradley Tr, $10, 5 yrs, .8394 acres, L13 & 14 B4 Edgemere Hgts Addn.</P><P> 67656 - James Mears to same, same, same, .4017 acres, L4 B2 Edgemere Hgts...
Oklahoma City Workers Compensation Court Docket
WORKMAN'S COMPENSATION MONDAY JUNE 1, 1987 JUDGE CASHION 9:00 A.M. 86-15105Y - James Randy Ward (Don Wyatt) vs E-Z Stores Inc (State Ins Fund, Lewis Berkowitz). 86-20381F - Darrell W Fletcher (Mike Emmons) vs Midstate Traffic Co (CNA Insurance Company,...
Orders
ORDERS CIVIL Received 5-28-87</P><P> CJ-86-2461 - AB&E Serv Inc vs Eve Inc; pltfs entitled to damages, etc.</P><P> CJ-79-390 - Stepneg vs OG&E; applicant authorized to w-d funds from acct, etc.</P><P>...
Pagentry, Reflection Mixing at Constitution Bicentennial/bush: 'System Is Sound'
PHILADELPHIA - Just outside the windows of the room where the Framers of the Constitution first convened 200 years ago, that long-ago moment of high anxiety was celebrated last Monday afternoon with pageantry and pride, but also with subdued reflection.</P><P>...
Paxton Turns to Selling Hardwood to Hobbyists/to Fill Lost Business Gap
John Burnett, manager of Paxton Beautiful Woods, 1815 S. Agnew Ave., has found a way to overcome the lost business caused by the downturn in construction activities.</P><P> He started selling hardwoods to hobbyists.</P><P> While...
Pleadings & Filings
CJ-87-5144 - Indiana Mtg Co vs Evans et al; notice by pub. CJ-87-2766 - Silverado Banking et al vs Winchester Shady Trial Units et al; affi, notice by pub, affi. CJ-87-4288 - Westmark Mtg Corp vs Miller et al; entry of appear. CJ-87-487 - Commercial...
Pleadings & Filings
PLEADINGS & FILINGS CIVIL Received 5-28-87 CJ-86-12027 - Times Journal Publishing Co vs The Partlow Corp; ans to interrogs.</P><P> CJ-87-5009 - Berglan vs Austin et al; brief.</P><P> CJ-87-4727 - Investors Fed Bk FSB...
Pleadings & Filings
PLEADINGS & FILINGS SPECIAL Received 5-28-87 CS-85-9535 - Aqua Spa & Sauna vs Reynolds; disml w-prej.</P><P> CS-85-1945 - Weokie Cred Union vs Royal; garn affi.</P><P> CS-87-3228 - Dimsdale dba vs Hamilton; amd...
Pleadings & Filings
PLEADINGS & FILINGS DIVORCE Received 5-28-87</P><P> FD-87-3469 - Faulkner; ent of appear & waiver.</P><P> FD-87-2594 - Ostrander; ent of appear & waiver.</P><P> FD-87-3062 - Workman; ent of appear...
Probate
(00170)</P><P>NOTICE TO CREDITORS AND</P><P>NOTICE OF HEARING ON</P><P>SUMMARY ADMINISTRATION,</P><P>FINAL ACCOUNTING,</P><P>DETERMINATION OF</P><P>HEIRSHIP, DISTRIBUTION</P><P>AND...
Probate
(00186)</P><P>NOTICE AND ORDER FOR HEARING PETITION TO JUDICIALLY DETERMINE DEATH AND TERMINATE JOINT TENANCY</P><P>No. P-87-951</P><P>In the District Court within and for Oklahoma County, State of Oklahoma.</P><P>In...
Probate Proceedings
PROBATE PROCEEDINGS Received 5-29-87 P-87-537 - Gdn of Rodman et al; consent, bond, ord appt gdn, letters issue to Thomas C Smith Jr.</P><P> P-86-1368 - Est of Carpenter; rel OTC.</P><P> P-87-839 - Est of Eakin; not to credrs,...
Public Companies' Sales, Profits Down Once More/post Lower Results for 5th Straight Quarter
Sales/revenues and profit levels for Oklahoma's largest publicly-held corporations continued to decline in the first quarter of fical 1987 from comparable levels a year ago.</P><P> - For the 55 corporations that have reported fiscal...
Public Notices
(00132)</P><P>(Published By The Journal Record May 29th, 1987,</P><P>and Republished May 30th, 1987, due to typographical error.)</P><P>REQUEST FOR PROPOSALS FOR MASTER PLANS FOR DEVELOPMENT OF THREE CITY LAKES</P><P>I....
Release of Mortgages
RELEASE OF MORTGAGES Received 5-28-87 67461 - First Natl Bank of MWC to Joe Robinson, L41 & 42 B76 Shields South OKC Addn.</P><P> 67492 - Fed Home Loan Mtg Corp to Robert H Downie et ux, L8 B48 Green Valley Plaza Addn.</P><P>...
Return to Big Wage Hikes over Incentives Not Likely
The galloping raises of only a few years ago are history, replaced as incentives by bonuses and profit sharing. A return to big raises soon seems unlikely.</P><P> Thus moonlighting may be in the forecast for those who want higher incomes....
Sheriffs Sale
(00136)</P><P>NOTICE OF HEARING ON CONFIRMATION OF SHERIFF'S SALE</P><P>No. CJ-87-176</P><P>TO: Persons or other entities and their unknown successors having an interest in the herein described property which specifically ...
Sheriffs Sale
(00137)</P><P>NOTICE OF HEARING ON CONFIRMATION OF SHERIFF'S SALE</P><P>No. CJ-87-176</P><P>TO: Persons or other entities and their unknown successors having an interest in the herein described property which specifically ...
Some 4,500 Crime Victims Aided by Compensation Board/at Almost No Cost to Public
"Since the beginning of the Crime Victims Compensation Board, a total of 4,500 victims have been awarded compensation in excess of about $3.5 million at almost no cost to the taxpayer," said Charles W. Wood, administrator and project coordinator...
Supplimental Insurance Policies Fill Gaps Formed by Rising Health Costs, Cutbacks
Contrary to the rhetoric, the amount you a Medicare recipient must pay for your own health care is growing every year. Coupled with astronomical increases in overall medical costs, older Americans are being forced to dig ever deeper into their own...
'Swamp Stomp '87' June 12 to Benefit Myriad Gardens
The Oklahoma County Bar Association will hold Swamp Stomp '87, the third annual Madness party at 7 p.m., June 12 at the Myriad Gardens.</P><P> The madness party is a county bar fundraiser to benefit the Myriad Gardens.</P><P>...
Texas Sets 3rd Straight National Mark for Bank Failures
HOUSTON - Texas has set the national record for bank failures for the third year in a row with the collapse of the 27th bank in 1987, but officials say the state appears to be nearing the bottom of its economic pit. Federal regulators closed Texas...
Uspci Growth Surges with Gagner at Helm/ Started in 1968 by Beard Oil Co., Using One or Two Trucks
Journal Record Staff Reporter A small firm called U.S. Pollution Control Inc. had the use of only one or two trucks back in 1968, when it was started as a subsidiary of what was then Beard Oil Co. of Oklahoma City.</P><P> It grew slowly...
Van Gogh's Sunflowers Fits Just Right in Powder Room
NEW YORK - Yes, I am the secret purchaser who paid $40 million for one of Van Gogh's sunflower paintings some time ago, and not one of his best either, they tell me. Any other questions?</P><P> Question: Are you a collector?</P><P>...
Warranty Deeds
WARRANTY DEEDS Received 5-28-87 67456 - Will G Wyatt et al to John W Bumpus Sr, $10, L17 B1 Lionsgate replat of B3 Brentmark VII Addn. RS $66.75. Retn PO Box 218 Bethany.</P><P> 67508 - Leota Jean Whitten et ux to Linda Lou Harkins...