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 August 27, 1986

Caterpillar Inc., Machinists Reach Tentative Agreement
JOLIET, Ill. (AP) - Caterpillar Inc. offered a revised contract proposal Tuesday to more than 2,400 striking machinists, a union spokesman said, as a strike at the company's components plant here entered its 26th day.</P><P>Union representatives...
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Civil
(83359) NOTICE BY PUBLICATION Case No. CJ-85-5200 In the District Court within and for Oklahoma County, Oklahoma.Merrill Lynch Mortgage Corporation, a Delaware Corporation, Plaintiff, vs. Virgil D. Medlin; Oklahoma Publishing Company, a Corporation;...
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Civil
(83358) NOTICE BY PUBLICATION Case No. CJ-86-7082 In the District Court within and for Oklahoma County, Oklahoma.American Savings and Loan As sociation, Plaintiff, vs. Virgil D. Medlin; Roger Bizzell & Bettye Bizzell; Oklahoma Educators Credit Union,...
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Corporation Commission
(83364) NOTICE OF HEARING Cause CD No. 135,339 Before the Corporation Commission of the State of Oklahoma.Applicant: PSEC, Inc. Relief Sought: Well Density. Legal De scription: Section 24, Township 21 North, Range 16 West, Major County, Oklahoma.STATE...
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Corporation Commission
(83365) NOTICE OF HEARING Cause CD No. 135,435 Before the Corporation Commission of the State of Oklahoma.Applicant: Bogert Oil Company. Relief Requested: Spacing. Legal Description: Section 25, Township 17 North, Range 11 West, Blaine County,...
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Corporation Commission
(83366) NOTICE OF HEARING Cause CD No. 135,498 Before the Corporation Commission of the State of Oklahoma.Applicant: Alford Oil Corporation. Relief Sought: Pooling. Legal Description: SW 1/4 Section 33, Township 10 North, Range 5 West, Grady County,...
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Corporation Commission
(83362) NOTICE OF HEARING Cause CD No. 135,407 Before the Corporation Commission of the State of Oklahoma.Applicant: Kaiser-Francis Oil Company. Relief Sought: Increased Well Density. Land Covered: Section 26, Township 18 North, Range 17 West, ...
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Corporation Commission
(83361) NOTICE OF HEARING Cause CD No. 119,263 Before the Corporation Commission of the State of Oklahoma.In the Matter of the Application of Cimarron Petroleum Corporation for an Order adjudicating the rights and equities and pooling all interests...
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Corporation Commission
(83375) NOTICE OF HEARING Cause CD No. 135,112 Before the Corporation Commission of the State of Oklahoma.Applicants: St. Mary Parish Land Company; Anderman Oils, Limited; Ralph H. Smith; Dona M. Mohan; Jack R. Ingram dba Ingram Oil Company; Kip...
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Council Postpones Action on Park Sale / to Food Distributor
Ben E. Keith Co., a food distribution firm located at 1401 SW 3rd St., hopes to purchase 5.29 acres of Tolan Park north o f its present warehouse in order to construct an additional warehouse, that is, if the item is approved by the Oklahoma City...
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Cuesta Energy Corp. Trustee Submits `Compromise' Plan
The trustee of Cuesta Energy Corp. of Oklahoma City submitted a "compromise" Chapter 11 plan of reorganization to the U.S. Ban kruptcy Court Tuesday.</P><P>According to attorneys for the trustee, the plan is one that requests every creditor...
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Dealing with Telecommunications Is a Real `Love-Hate' Experience
NEW YORK - Telecommunications is a real love-hate experience as far as I'm concerned.</P><P>Once a program is up and running smoothly, I can lean back and admire its more endearing qualities. Entering a few commands and watching the computer...
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Divorces Granted
DIVORCE GRANTED Received 8-25-86 FD-86-5958 - Neoma P Henderson vs Miles E Henderson.</P><P>FD-86-6112 - Eva Mae Bragner vs Roy Bragner.</P><P>FD-86-3514 - Denise Loraine Allison vs James Ronald Allison.</P><P>FD-86-2918...
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Dollar Moves Upward, Gold Prices End Mixed
NEW YORK (AP) - The dollar, unaffected by fresh cuts in U.S. interest rates, moved higher on Tuesday as traders sold the major foreign currencies in active and technical trading.</P><P>Gold prices were mixed. Bullion was quoted at $379.85...
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Energy Futures Up amid Light Trading / Wti Nears $16 a Barrel
Energy futures were higher at the New York Mercantile Exchange Tuesday, with West Texas Intermediate crude oil approaching the $16 a barrel mark.Trading was light and analysts said a lack of selling interest, rather than vigorous buying, accounted for...
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First Oklahoma Stock Not Being Quoted / but, Still Being Traded
The common stock price of First Oklahoma Bancorporation Inc. of Oklahoma City was not quoted Monday or Tuesday by the National Association of Securities Dealers Automated Quotations system, primarily because the firm no longer has a net worth, ...
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Frontier's Fate Still in Holding Pattern / Rumor of Buyer Surfaces
Frontier Airlines' planes were grounded, the company's 4,700 employees weren't working, but the Denver-based carrier's fate was still in a holding pattern Tuesday.The latest in a chain of rumors involving financially destitute Frontier was that parent...
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Ibm Assuring Its Employees No-Layoff Policy Still Holds / but, Other Aspects to Change
SAN FRANCISCO - On bulletin boards and in memos throughout the vast empire that is the International Business Machines Corp., the word has gone out. Management wishes to reassure employees that they will not, repeat not, be laid off.</P><P>At...
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Klaassen Named Area Sales Manager for Protective Life
Denver Klaassen has been appointed Oklahoma area sales manager for Protective Life Insurance of Birmingham, Ala.</P><P>Klaassen managed his own independent life insurance business and served as president and owner of Strategic Financial...
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Loans, Assets, Deposits Less Than Reported at Citizens / Says FDIC
Loans, assets and deposits of Citizens National Bank and Trust Co. are all lower than reported Aug. 14, when the bank was d eclared insolvent and closed, according to a pro forma report completed Tuesday by the Federal Depositors Insurance Corp.</P><P>The...
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Main Consideration in Silkwood Settlement Was Children's Ages
One of the main considerations in the settlement of a plutonium contamination lawsuit against Kerr-McGee Corp. was the age of Karen Silkwood's three children, the chief attorney for the estateof Karen Silkwood says.Under the $1.38 million out-of-court...
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Micropro Struggling to Regain Lost Market Share and Earnings
SAN FRANCISCO - For a few years after it was founded in 1978, the MicroPro International Corp. boasted the personal compu ter industry's most popular word processing software, WordStar. But as WordStar has been overtaken by newer and flashier programs,...
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Mid-August Domestic Auto Sales Strong, except Gm's
DETROIT (AP) - Domestic auto sales were strong overall in mid-August, but a steep decline by General Motors Corp. may force the No. 1 U.S. carmaker to offer consumers an aggressive new round of sales incentives, analysts say.GM's sales were down 10.4...
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Mills Family Builds Firm on Adjustments to Change / Electronic Dictation Systems Grow from Back Porch to $3.5 Million; Opens New Home
their Oklahoma City home back in 1963 to start their own dealership in electronic dictating machines.</P><P> So they started on their back porch, with Robert organizing sales of a new Telefunken product with a magnetic disk and Bette keeping ...
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Miscellaneous
(83373) AMENDED CERTIFICATE OF FICTITIOUS NAME FOR HENDERSON AJO ASSOCIATES an Oklahoma General Partnership KNOW ALL MEN BY THESE PRES ENTS:That Henderson Holding Company, Inc., an Oklahoma corporation, Travis Henderson, Coy V. Burgess, John B. ...
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Money Center Banks Cut Prime to 7.5% / Lowest in 9 Years
The national prime lending rate was dropped to its lowest point in nearly nine years at 7.5 percent Tuesday by major money center banks in their fourth cut of this year.</P><P>In the reduction from 8 percent, the prime reached its lowest ...
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Motions
MOTIONS SPECIAL Received 8-25-86 CS-86-5079 - Northside Pharmacy Inc vs Marvin; sum judg.</P><P>CSC-86-2602 - Will Rogers Bk & Tr Co OKC vs Jay; def judg.</P><P>CS-86-4843 - Adv Telecommunications Corp et al vs Upward...
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New Cases for the U.S. District Court
NEW CASES U S DISTRICT COURT Filed 8-22-86 C-86-1880-T - Dennis Carrol McDaniel, an individual, and Norman Emanuel Booze, an individual vs Local No 173 of the Bakery, Confectionary and Tobacco Workers' International Union and Continental Baking Company,...
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New Locations
NEW LOCATIONS Filed 7-26-86 BEAVER COUNTY Donald C. Slawson, Stanley Barby 1-25, 25-4N-27ECM, c-ne sw sw, 990fsl 990fwl, of the sw 1/4, Morrow 6,700, Chester 6,990, TD: 7,400, Date Oper to Begin 8/22/86, Surf. Casing Depth 950.CADDO COUNTY C.W. Bolin,...
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Orders
ORDERS CIVIL Received 8-25-86 CJ-84-3005 - Will Rogers Bk & Tr Co vs J M King Inc et al; Sheriff be authorized to reappraise prop etc.</P><P>CJ-85-183 - Ulman et al vs Goodman Const Co Inc et al; approving sheriff sale.</P><P>CJ-84-4213...
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Pari-Mutuel Horse, Dog Racing Passes in Texas
AUSTIN - By a vote of 17-12, the Texas State Legislature Wednesday formally approved a measure for a referendum which could make pari-mutuel horse and dog racing legal in the state for the firsttime in nearly 50 years.The bill, authored by Sen. Ike...
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Pending Tax Bill Stimulates Investors' Dividend Appetite
NEW YORK - The pending tax bill has stimulated a new appetite among stock market investors for dividends.</P><P>In the days since House-Senate conferees reached their Aug. 16 agreement on a tax overhaul proposal, many of the standout...
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Pickens Launches Group to Support Stockholders / for Lobbying
WASHINGTON - T. Boone Pickens Jr. launched a new attack Tuesday against U.S. companies in general for what he sees as their effort to weaken stockholders' rights.</P><P>Pickens, acting in the name of the 47 million Americans who own ...
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Pleadings & Filings
PLEADINGS & FILINGS CIVIL Received 8-25-86 CJ-85-10163 - McPhail vs Goodman; depo of Harry McPhail.</P><P>CJ-86-2293 - Wren Jr et al vs Hooks; depo of Earvin Wren Jr, depo of Carletta L Lamkin.</P><P>CJ-85-8126 - Hobes...
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Pleadings & Filings
PLEADINGS & FILINGS DIVORCE Received 8-25-86 FD-85-4338 - Harrell; ans.</P><P>FD-86-6145 - Winter; ans.</P><P>FD-86-6145 - Winter; ent of app.</P><P>JFD-85-8463 - Hail vs Moore; app for cit.</P><P>FD-86-4652...
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Pleadings & Filings
PLEADINGS & FILINGS SPECIAL Received 8-25-86 CS-86-5079 - Northside Pharmacy Inc vs Marvin; brief.</P><P>CS-85-8373 - Household Fin Corp vs Collins et al; garn ans.</P><P>CS-85-5531 - Cred Collect Inc vs Forshee et al;...
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Public Notices
(83282) (Published in the Journal Record on August 27th, 1986.) ORDINANCE NO. 18,567 CE 241 AN ORDINANCE CLOSING ALL OF NESBITT AVENUE AND THE EAST HALF OF MOULTRIE AVENUE LOCATED WEST OF NORTH PORTLAND AVENUE AND NORTH OF THE VACATED N.W. 4TH STREET,...
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Public Notices
(83283) (Published in the Journal Record on August 27th, 1986.) ORDINANCE NO. 18,568 CE 242 AN ORDINANCE CLOSING A 22.5 FOOT PORTION OF THE PLATTED 37.5-FOOT UTILITY EASEMENT IN LOT 9, BLOCK 1, STEVE PENNINGTON 12TH ADDITION LOCATED AT 3721 NORTH...
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Public Notices
(83294) (Published By The Journal Record August 27th, 1986.) Case Number: ABC-43 Location: 10837-10905 N.E. 50th Street.NOTICE IS HEREBY GIVEN, that the City Council of Oklahoma City will hold a public hearing on a proposed ordinance, establishing "ABC-1"...
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Public Notices
(83292) (Published By The Journal Record August 27th, 1986.) Case Number: PUD-270 Location: 12700-12728 North May, 2828 Silverglade, 12701-12727 Silver Lane, and 2824 Silvertree.NOTICE IS HEREBY GIVEN, that the City Council of Oklahoma City will hold...
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Public Notices
(83293) (Published By The Journal Record August 27th, 1986.) Case Number: ABC-42 Location: 5701-5709 N. Western Avenue and 1101 N.W. 56th Street.NOTICE IS HEREBY GIVEN, that the City Council of Oklahoma City will hold a public hearing on a proposed...
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Public Notices
(83291) (Published By The Journal Record August 27th, 1986.) Case Number: PC-8650 Location: 15101-15125 and 15217 North May Avenue and 2901-2933 N.W. 150th Street.NOTICE IS HEREBY GIVEN, that the City Council of Oklahoma City will hold a public hearing...
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Public Notices
(83290) (Published By The Journal Record August 27th, 1986.) Case Number: PC-8649 Location: 117-121 S.E. 44th Street.NOTICE IS HEREBY GIVEN, that the City Council of Oklahoma City will hold a public hearing on a proposed ordinance, extending the limits...
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Public Notices
(83281) (Published in the Journal Record on August 27th, 1986.) ORDINANCE NO. 18,566 CE 240 AN ORDINANCE CLOSING A 25 FOOT PORTION OF THE 100-FOOT RIGHT-OF-WAY FOR S.E. 69TH STREET LOCATED EAST OF SOUTH SHIELDS BOULEVARD, AND DECLARING AN EMERGENCY.BE...
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Public Notices
(83284) (Published in The Journal Record August 27th, 1986.) ORDINANCE NO. 18,569 PUD-278 AN ORDINANCE AMENDING CHAPTER 59, SECTION 1400 OF THE OKLAHOMA CITY MUNICIPAL CODE, 1980, TO INCLUDE ADDITIONAL TERRITORY WITHIN THE "PUD" PLANNED UNIT DEVELOPMENT...
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Public Notices
(83289) (Published By The Journal Record August 27th, 1986.) Case Number: PC-8648 Location: 12501-12633 S.E. 38th Street.NOTICE IS HEREBY GIVEN, that the City Council of Oklahoma City will hold a public hearing on a proposed ordinance, extending the...
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Public Notices
(83371) (Published By The Journal Record August 27th & September 3rd, 1986.) SOLICITATION FOR BIDS Notice is hereby given that the Okla homa City Airport Trust will receive sealed bids in the office of the City Clerk, Municipal Building, 200 North...
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Public Notices
(83370) (Published By The Journal Record August 27th & September 3rd, 1986.) SOLICITATION FOR BIDS Notice is hereby given that the Okla homa City Airport Trust will receive sealed bids in the office of the City Clerk, Municipal Building, 200 North...
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Public Notices
(83369) (Published By The Journal Record August 27th September 3rd, 1986.) SOLICITATION FOR BIDS Notice is hereby given that the Okla homa City Airport Trust will receive sealed bids in the Office of the City Clerk, Municipal Building, 200 North...
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Public Notices
(83372) (Published By The Journal Record August 27th & September 3rd, 1986.) SOLICITATION FOR BIDS Notice is hereby given that the Okla homa City Airport Trust will receive sealed bids in the office of the City Clerk, Municipal Building, 200 North...
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Public Support Drained Away from Health Care Education
Economic pressures appear to be having more influence than ever in forcing societal changes, not only in the way that people live, but in institutions as well.Case in point: medical schools.Long before Congress adopted Gramm-Rudman-Hollings-Kennedy as...
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Report: Companies Are Getting Tougher / in Making Donations
NEW YORK (AP) - Corporations, facing a flood of requests from charities, are getting choosier as they decide how to allocate their donations, according to a survey released Tuesday.</P><P>""There are some 300,000 not-for-profit, tax-exempt...
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Slow Recovery Expected for Oil, Gas Drilling Industry
While several indicators imply that the drilling industry slump is nearing an end, local drilling company executives and c onsultants think recovery will be slow, if at all.</P><P>""I don't see any indication at this time that we've started...
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State Economy Needs National Resurgence / Says Sandmeyer
Oklahoma needs a national economy resurgence to get the state economy moving again, with no short-term revival expected in energy and agriculture, according to Robert L. Sandmeyer, dean of the College of Business Administration at Oklahoma State...
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Stock Market Spurts, Posts Best Day in over a Month
NEW YORK (AP) - The stock market spurted higher on Tuesday, posting its best day in more than a month as prices surged in response to falling interest rates and computerized buying programs.</P><P>The Dow Jones average of 30 industrials...
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Sumitomo Interest Biggest Japanese Expansion in U.S
NEW YORK - Sumitomo Bank Ltd.'s interest in investing $500 million in Goldman, Sachs & Co. is the latest and, by far, the bi ggest example yet of an increasingly rapid Japanese expansion into America's financial marketplace.</P><P>Indeed,...
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Texas Air Purchase of Eastern Derailed / Firm Still Committed
WASHINGTON (AP) - The government on Tuesday derailed the proposed $676 million purchase of Eastern Airlines by Texas Air Corp., but said it would consider a new merger plan if it resolves competitive problems in the lucrative Northeast air-shuttle market.A...
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Texas House Passes Interstate Banking / Goes to Governor
AUSTIN - A sweeping interstate banking measure designed to allow out-of-state institutions to acquire Texas banks and thrifts was passed overwhelmingly by the Texas House Tuesday.The House approval, on a 116-24 vote, follows approval by the Texas Senate...
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Upstreaming Interest Alarmed Examiner / by Penn Square Bank
The discovery that Penn Square Bank had made about $9 million in interest payments to major upstream banks - on behalf of borrowers who couldn't or wouldn't pay - was the first clue that the bank was nearly insolvent, Stephen Plunk, former national...
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World's 3rd Largest Bank Seeks State in Goldman, Sachs / Sumitomo Bank Has Reputation for Innovation
LOS ANGELES - Japan's Sumitomo Bank, which is negotiating to acquire a stake in Goldman, Sachs & Co., is not a familiar na me in America. But it is the third-largest bank in the world and has a reputation as an innovative and highly profitable ...
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