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 June 21, 1991

22.8% Workers Compensation Rate Hike Approved
Journal Record Staff Reporter An increase of 22.8 percent in the workers compensation rate was approved Thursday by the Oklahoma State Board for Property and Casualty Rates.This was about half the rate hike requested by insurance carriers.The increase...
2 Money Supply Measures Rise
NEW YORK (AP) _ The two broadest measures of the nation's money supply rose in the week ended June 10, the Federal Reserve Board reported Thursday.The Fed said the measure known as M2 rose to a seasonally adjusted $3,402.3 billion from a revised $3,389.0...
$5.3 Billion Tax Claim Settled in Drexel Case
NEW YORK _ Attorneys for Drexel Burnham Lambert Inc. and the government tentatively settled a $5.3 billion tax claim that threatened to unhinge the firm's bankruptcy reorganization. If approved, the deal announced Thursday would remove the final stumbling...
Advertising Spending Growth Expected to Slow over 5 Years
NEW YORK (AP) _ Advertisers and consumers will increase their spending in media ranging from newspapers and television to the movies at a slower pace over the next five years than in the past five, a new report says.The anticipated slowdown stems mainly...
Assg. of Oil & Gas Leases
ASSIGNMENT OF OIL & GAS LEASE Received 6/18/91 B 6177 P 597 _ Berexco Inc. to Allan B. Muchin et al,SE/4 of Sec 29, T11N, R3W, OK. B 6177 P 625 _ Cameron L. Kerran Trust to Joanne P. Kerran Trust et al,part of SE/4 of Sec 16, T13N,...
Aviation Center May Get Grant for Expansion
Metro Tech's Aviation Career Center stands a good chance of getting a $10 million U.S. Department of Transportation grant to complete a proposed expansion that would offer a new class of aircraft technical training, Gov. David Walters said Thursday.Oklahoma...
Banking Panel Reinstates Law Preventing Loan Discrimination
WASHINGTON (AP) _ Urged on by busloads of community activists, the U.S. House of Representatives Banking Committee voted 40-12 Thursday to reinstate the law protecting poor neighborhoods from discrimination by banks.The vote by the 52-member committee...
Be a Road Warrior in a Multipurpose Humvee _ for $40,500
MISHAWAKA, Ind. (AP) _ Now you, too, can be a road warrior.The Army's high utility, multipurpose wheeled vehicle, or humvee, is available to the public _ with a few modifications to make it street legal _ for as little as $40,500.The chunky, jeep-like...
Bell Calls Refund Ruling Chaotic
Chaos will result in the entire public utility industry in Oklahoma if a State Corporation Commission order putting Southwestern Bell Telephone Co. earnings subject to refund is allowed to stand, Bell attorney Andy Coats said Thursday.A special attorney...
Bill Returns More Highway Construction Funds to State
By Patrick Casey Associated Press Oklahoma's senators say the state will gain more than just increased federal highway funds now that the Senate has given its approval to a $123 billion, five-year transportation bill."Final passage of this bill is a...
Chicago Takes Wrecking Ball to Last Building in Stockyard
N.Y. Times News Service CHICAGO _ Demolition of the last remaining abandoned buildings in the Stockyards is under way, the culmination of a 30-year effort to convert what was once the hub of the nation's meat-packing industry into an industrial park.In...
Civil
(89201) NOTICE BY PUBLICATION Case No. CJ-90-9807 THE STATE OF OKLAHOMA TO:</P><P>Milton McNeely, (deceased) the& Unknown Successors of Milton& McNeely, (deceased) Alto S. Lacy a/k/a Alta S. Lacy, (deceased) the Unknown ...
Cogeneration Plant Hearing Winds Down
By Ronda Fears Journal Record Staff Reporter A hearing on two proposed independent cogeneration plants in Oklahoma City is projected to wind down by the end of next week at the Oklahoma Corporation Commission.Administrative Law Judge Bob Goldfield, who...
Completions
COMPLETIONS Received 6-20-91 NIA _ NO INFORMATION AVAILABLE BEAVER COUNTY Cabot Oil & Gas Corporation, L.J. Barby A-2, 1-4N- 25ECM, C E2, 2640fsl-1320fwl, Morrow 6686-6950, Class. Gas, trace BO, 237 MCFGD, TD 7255.Tidemark Exploration Inc., Seaman 1-12,...
Completions
HASKELL COUNTY Service Drilling Co., Cason 1A-11, 11-9N-19E, NW NW, 1980fsl-660fwl, Spiro SS 3245-3294, NIA for S., Hunton LS 4042-4170, Class. Gas, NIA BO, 1,600,000 MCFGD, TD 4249.Mobil Oil Corporation, Roy E. Hendricks unit 2, 11-7N-19E, C N2 SW,...
Completions
Jack B. Sellers d/b/a Sellers Oil, Groves _ E.Sparks Prue Sand Unit 8-5, 9-13N-5E, NW NE NW, Prue 3495-3520, Class. Open Hole 70 BO, TD 3520.Indian Nation Energy Co., T. Moore 1-24, 24-17N- 6E, E2 NW NW SW, 2310fsl-610fwl, 2nd Wilcox 3216- 3272, Class....
Construction Pacts Fall 6% in Metro Area
Journal Record Staff Reporter The value of construction contracts awarded in central Oklahoma was off 6 percent in May from the same month in 1990, according to the Dodge Local Construction Potentials Bulletin.Contracts awarded in May totaled $61.1 million,...
Consumers Exhibit Stronger Loyalty to Japanese Autos
WASHINGTON (AP) _ American consumers exhibit stronger brand loyalty to the cars made by Nissan, Honda and Toyota than to the products Detroit turns out, a Brookings Institution economic study said Thursday.That represents a long-term obstacle for American...
Corporation Commission
(89210) NOTICE OF HEARING Cause CD No. 160,507 Before the Corporation Commission of the State of Oklahoma. Applicant: Boswell Energy Cor- poration. Relief Requested:& Force Pooling. Legal Descrip- tion: SW/4 of Section 10 Town- ...
Corporation Commission
(89193) NOTICE OF HEARING Cause C.D. No. 160,472 Before the Corporation Commission of the State of Oklahoma. Applicant: Alda Oil & Gas Corporation. Relief Sought:</P><P>Location Exception. Legal& Description: Section...
Corporation Commission
(89190) NOTICE OF HEARING Cause CD No. 160,212 Before the Corporation Commission of the State of Oklahoma. Applicant: Grand Energy, Inc. Relief Requested: Well Loca- tion Exception. Legal Descrip- tion: SW/4 Section 18, Town- ship...
Corporation Commission
(89187) NOTICE OF HEARING Cause CD No. 160,490 Before the Corporation Commission of Oklahoma. Applicant: Canaan Explora- tion, Inc. Relief Requested:</P><P>Establish 40 Acre Drilling and Spacing Units; Establish 80 Acre Drilling...
Corporation Commission
(89186) NOTICE OF HEARING Cause CD No. 160,474 Before the Corporation Commission of Oklahoma. Applicant: Coastal Oil & Gas Corporation. Relief Requested:</P><P>Horizontal Well Unit. Legal Description: NW/4 Section 22, ...
Corporation Commission
(89185) AMENDED NOTICE OF HEARING Cause CD No. 160,411 Before the Corporation Commission of the State of Oklahoma. Applicant: Carl E. Gungoll Exploration, Inc. Relief Sought:</P><P>Pooling. Legal Description: The NW/4 of...
Corporation Commission
(89191) NOTICE OF HEARING Cause C.D. No. 160,469 Before the Corporation Commission of Oklahoma. Applicant: Oryx Energy Com- pany. Relief Sought: Drilling and Spacing Units. Legal& Description: Section 12, Town- ship 20 North, Range...
Corporation Commission
(89192) NOTICE OF HEARING Cause C.D. No. 160,470 Before the Corporation Commission of Oklahoma. Applicant: Oryx Energy Com- pany. Relief Sought: Pooling. Legal Description: Section 12, Township 20 North, Range 22 West, Woodward County,& ...
Court Establishes Deadlines on Suits on Securities Fraud
WASHINGTON (AP) _ The U.S. Supreme Court on Thursday placed deadlines on some lawsuits charging securities fraud in a ruling likely to preclude many investors who claim they were bilked from suing.The court also issued decisions affecting tax and libel...
Court May Decide Future of Negative Option Marketing
EDITOR'S NOTE: This is one of the last columns written by Sylvia Porter before her death June 5. She will be succeeded at the Los Angeles Times Syndicate by Kathy M. Kristof.Many companies today consider marketing the main reason for their existence....
Denver Mayor-Elect Flip-Flops on United Incentive Package
DENVER (AP) _ Mayor-elect Wellington Webb says if the city's deal with United Airlines isn't finished by July 1 _ his inauguration date _ he may reconsider Denver's offer to the airline.However, Webb later backpedaled after receiving a call from Mayor...
Developers, Environmentalists Battle over California Coast
John Wildermuth San Francisco Chronicle SAN MATEO, Calif. _ A lavish color brochure put out by the Coastside Chamber of Commerce beckons visitors to "Discover the charm. . .discover the beauty" of the Half Moon Bay coast.And that's just what people have...
Falling Gas Prices Creates Both Winners and Losers
Associated Press NEW YORK _ When Columbia Gas System Inc. disclosed it was on the brink of bankrupcty, the news jolted Wall Street, but the impact of falling natural gas prices and government deregulation have been filtering through the nation's gas...
Federal Tax Liens
Tax Liens Received 6/18/91 Federal Tax Liens 904725 _ Rib Seller, $12,951. 904724 _ Steeds Studio, $4,260. 904708 _ J&J Field Const. Co., $531. 904701 _ Frank Tours-Car Rent- als, $344. 904697 _ Margarets Cafe, $2,617. ...
Howell Files for Chapter 7 Bankruptcy
Howell Files for Chapter 7 Bankruptcy Billy Page Howell, a partner in Skateland of Norman, filed for Chapter 7 bankruptcy Thursday at the U.S. District Court for the Western District of Oklahoma, listing debts of $3 million. Howell, who lived in Norman...
Indian Cultural Center Planned near Turnpike
A 200-acre, $28 million Indian cultural center, museum and living history complex is planned at the intersection of Int. Hwy. 35 and the Turner Turnpike, and officials involved with the project said Thursday they expect construction to begin by year...
Market Strategist Expects Dow Industrials to Hit 5,000
Cox News Service Octobers have not been kind to the stock market _it's the month of crashes.But this October, the Dow Jones industrial average will climb to 3,200, says Robert S. Robbins, market strategist for Robinson-Humphrey Company Inc., an Atlanta-based...
Midwest Wrecking Becomes Major Player in Demolition
For a couple of guys who started out "doing some dozer work" in the mid-1970s, Ben Kates and Mike Hamilton have had a noticeable impact on the local real estate and construction scene.Some examples:They were the first contractors on the site where Remington...
Mortgages
Received 6/18/91 B 6177 P 928 _ James Ray McGlynn et ux to Knutson Mtg. Corp., $93,600,L14 B5 Chimney Hill II addn, Edmond, OK.B 6177 P 1070 _ Joseph M. Miller et ux to Equity Bank for Savings, $85,500,L36 B1 Rustling Hills addn, OK.B 6177 P 936 _ David...
New Cases
New Filings For 06/18/91 Civil. CJ-91-4673 _ Lacy John Et Al, Grange Mutual Casualty Co Vs& Christy Warren E An Individual, Johnson Del, Christy Warren E Dba; Alleged Damages; Cheek,john D& Atty;Assg Div D-10 Hon. Leamon Freeman. ...
New Cases
CJ-91-4712 _ American Flat Glass Distributo Vs Bill's Mobile Glass Inc Et Al, Reeves Billy L & Dana Reeves; Alleged Promissory Note; Morgan, Fred Samuel Atty Assg Div D-1 Hon. Charles L. Owens. CJ-91-4713 _ Abc Supply Company Inc An...
New Locations
NEW LOCATIONS Received 6-20-91 CARTER COUNTY Tripledee Drilling Company, Inc., North Brock Deese Sand Unit Riddle 9, 5-5S-1E, S2 N2 SE SE, 825fsl-1980fwl, Deese Sand 1000, TD 1000, El. 870, Date Oper. to Begin: June 20, 1991, Surface Casing Depth: NA.DEWEY...
New Unemployment Claims Surge
WASHINGTON (AP) _ The number of Americans filing new unemployment claims surged in early June, the government reported Thursday, raising fresh doubts about whether the recession is ending."It's not good news. ... It may indicate that the economy has...
Oil Makes Modest Gains on Spot, Futures Market
From Staff, Wire Reports Oil futures and spot prices posted modest gains Thursday in a market propped up by heavy buying of home heating oil, while natural gas futures set another record low.Light sweet crude oil for July delivery settled at $20.15 a...
Passbook Savings Account Re-Enters Investment Derby
Like a lame old mule in a pack of thoroughbred racehorses, the humble passbook savings account is making an improbable comeback these days in the investment derby.It's not that passbook accounts, which have spent most of the last 20 years in well-deserved...
PD
JUDGE HARRIS MONDAY JUNE 24, 1991 9:00 A.M. P-86-2124 _ Estate of Joe F. Boston (Jackson). P-91-344 _ Estate of Tom Farino (Forbes). P-90-1107 _ Estate of Troy Cop- pedge (Schnorr). P-91-903 _ Estate of Simpson& (Ditto). ...
Pennsylvania Landowners Make Informal Agreement to Control
N.Y. Times News Service KAOLIN, Pa. _ In an unusual attempt at regional land planning, four major landowners in this mushroom-growing area have joined in an informal master plan for 2,000 acres.More famous for the pungent odor of mushroom compost than...
Pleadings & Filings
Filings For 06/19/91. CJ-85-3519 _ Zink William W Vs. Henry Oil & Gas Inc Et Al Ord For Hearing/7-8 10Am/monnet Signed& Gullett. CJ-86-12710 _ Continental Federal Savings & Vs. Kennedy John H Et Al Entry Of Appearance R: F:. ...
Pleadings & Filings
CJ-90-6474 _ Chapman Marcy Ann Vs. State Farm Mutual Automobile I Notice To Take Deposition /. CJ-90-6555 _ National City Mort- gage Company Vs. Betzer David Leon Execution Returned R:1241 F:4722. CJ-90-6590 _ Parr Lance D Vs. State Of...
Pleadings & Filings
CJ-90-8369 _ Gmac Mortgage Corp Of Iowa Fka Vs. Brunkow Gary E Et Al Execution Returned R:1241& F:4787. CJ-90-8596 _ Continental Federal Savings An Vs. Jones William A Et Al Execution Returned R:1241 F:4799. CJ-90-8669 _ Bank Of Oklahoma...
Pleadings & Filings
CJ-90-10020 _ Continental Federal Savings An Vs. James, III John E Et Al Execution Returned R:1241& F:4921. CJ-90-10128 _ Shearson Lehman Hutton Mortgag Vs. Wilson Larry E Et Al Execution Returned R:1241 F:4932. CJ-90-10146 _ Reel-o-matic...
Pleadings & Filings
CJ-91-509 _ Benjamin Franklin Federal Savi Vs. Mendoza Manuel P Et La Execution Returned R:1241 F:5034. CJ-91-511 _ Associates Financial Services Vs. Carter J C Et Al Execu- tion Returned R:1241 F:5041. CJ-91-514 _ Triad Bank Na Vs. ...
Pleadings & Filings
CJ-91-1646 _ Liberty Mortgage Company Vs. Henderson Kathleen I Execution Returned R:1241 F:5157. CJ-91-1646 _ Liberty Mortgage Company Vs. Henderson Kathleen I Afd Of Proof Of Mailing & Of Pub (If Pub Is Req). CJ-91-1646 _ Liberty...
Pleadings & Filings
CJ-91-2572 _ Jilge Tracy Vs.& Lawrence Vera L Entry Of Appear- ance R: F:. CJ-91-2584 _ Cenlar Federal Sav- ings Bank Vs. Dunn Anna M Et Al Brief In Support Of Pltf's Motion For Summary. CJ-91-2588 _ Mortgage Investment Corporatio...
Pleadings & Filings
CJ-91-3607 _ Hall Karen Louise Vs. Williams Lance Edward Pltf's Response To Deft's Interrog. CJ-91-3607 _ Hall Karen Louise Vs. Williams Lance Edward Pltf's Response To Deft's Requests For Production. CJ-91-3614 _ Equitable Plan Ser- ...
Pleadings & Filings
CJ-91-3965 _ In Re Of Change Of Name Vs. Crain Elizabeth Affidavit Of Roy Dean Crain. CJ-91-3975 _ Lumbermans Invest- ment Corporat Vs. Bain Richard Leroy Jr And Spou Answer && Counter Claim Of Joe B. Barnes Co Trea &. CJ-91-3977...
Pleadings & Filings
CJ-91-4411 _ Carroll Harlan Et Al Vs. Eddie Johnson's Welding Et Al Entry Of Appearance Both Defen- dants R: F:. CJ-91-4420 _ The Oklahoma Bank Vs. Gray Multitech Inc Et Al Notice Of Continued Hearing/gullett 6-25 10A. CJ-91-4450 _ Gamble...
Pleadings & Filings
CS-88-5678 _ P.F. Collier Inc Vs. Baker Rececca R. Mot For Order Exemption Earnings From Process. CS-89-1130 _ General Motors& Acceptance Corp Vs. Zurline Matt W. Ord Garnishment Discharged R: F:. CS-89-2399 _ General Motors& Acceptance...
Pleadings & Filings
CS-91-1264 _ Credit Adjustment Company Inc Vs. Harris Gary Et Al Claim For Exemption -Set 6-26-91 10Am Humble. CS-91-1333 _ Credit Adjustment Company Inc Vs. Mcclaran Karen Ord Garnishment Discharged R: F:. CS-91-1364 _ Credit Adjustment ...
Pleadings & Filings
FD-88-155 _ Price Kellie Vs. Price Mark Application To Withdraw As Atty For Defendant. FD-88-5268 _ Kemp Angela Vs. Kemp Delcardio Arraignment& Minute. FD-89-1124 _ Hill Kelly Ann Vs. Hill David Arthur Decree Of Divorce R: F:. ...
Probate
(89215) NOTICE OF HEARING OF GUARDIANSHIP Case No. PG-91-991 In the District Court of Oklahoma County, State of Oklahoma. In the Matter of the Guardian- ship of Stanley L. Tolson, an incapacitated person. TO: Stanley L. Tolson, Hillcrest...
Probate
(89200) NOTICE OF HEARING RETURN OF SALE OF REAL ESTATE No. P-90-1396 In the District Court of Oklahoma County, State of Oklahoma. In the Matter of the Estate of Eva Monteith, also known as Eva Grisham, Deceased. Notice is hereby...
Probate Proceedings
PROBATE PROCEEDINGS FILED 6/19/91 P-91-136 _ Est of Smith; affi (2). P-87-1891 _ Est of Ward; report, claim. P-89-432 _ Est of Grimes; affi of mailing (2), not. to cred.,order, gen inventory & apprmt, order & notice of hrng on...
Quit Claim Deeds
QUIT CLAIM DEEDS Received 6/18/91 Sales Price Computed From Revenue Stamps. B 6177 P 665 _ Randall L. Burruss et al to Randall L. Burruss et ux, Sls Pr. $,L7 B2 Ridgeview Estates, OK. B 6177 P 681 _ Mildred F. West to Mildred F. West...
Real Estate Auctions Become Marketing Tool
When auctions were introduced to the home real estate market a few years ago they seemed to be a great idea _ an innovative method for quickly moving a glut of structures.They helped builders reduce stagnant inventories that were bleeding hem into insolvency....
RTC May Give Low-Cost Homes to Arkansas Community Groups
LITTLE ROCK (AP) _ Low-cost houses that once belonged to failed Arkansas savings and loans may be turned over to community groups, the Resolution Trust Corp. said.The RTC, the federal agency overseeing the nation's savings and loan bailout, is beginning...
Securities Panel to Draft Bill to Add Industry Representative
By Nancy Raiden Titus Journal Record Staff Reporter The Oklahoma Securities Commission revived discussion Thursday on expanding its board to include an industry representative or a lay member and directed Irving Faught, incoming administrator, to draft...
Sheriff's Sale
(89222) NOTICE OF SHERIFF'S SALE Case No. CJ-90-10134 In the District Court of Oklahoma County, State of Oklahoma Federal Deposit Insurance Cor- poration, as Receiver of Territ- ory Savings & Loan Associa- tion, Seminole, Oklahoma,& ...
Sleeve Bracelets Become Big Business for Woods
Journal Record Staff Reporter It's possible Victoria Woods' sideline bracelet business is going to become mainline, and all because she was eager to pull up her sleeves.Always industrious, the petite Edmond brunette said she would pull up her sleeves...
Warranty Deeds
Received 6/18/91 Sales price computed from revenue stamps.B 6177 P 1458 _ Louis Mark Dakil et ux to William Lawrence Davey et ux, Sls Pr. $98,000.00, L4 B43 Green Valley Plaza addn, OKC. Retn Box 1217, Edmond, OK.B 6177 P 822 _ Wells Fargo Credit Corp....
Warranty Deeds
B 6177 P 908 _ Lenora Mae Browning et ux to Mark Steven Conley et ux, Sls Pr. $17,000.00, L25-29 B16 Bell Isle View addn, OK. Retn 2541 NW 50th St.OKC.B 6177 P 910 _ Laura Beth Austin-Lewellen et ux to Mark Steven Conley et ux, Sls Pr. $17,000.00, L25-...
Wert Named CSU Dean of Business College
Central State University has named Dr. Frank Wert dean of its College of Business Administration effective July 1.Wert, a professor of economics, has served as interim dean of the business college since last July 1, following the resignation of Dr. Joe...