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 November 6, 1992

5,000 Expected at Chamber Exposition
More than 5,000 business men and women from the Oklahoma City metropolitan area are expected to attend OKCentral Showcase '92, an all day business exposition sponsored by the Oklahoma City Chamber of Commerce, in conjunction with 12 other area chambers...
Analysts Expect Banks to Increase Dividend Payments
If a handful of seasoned analysts is right, investors in bank stocks may soon have cause to celebrate.That's because banks are emerging from the current recession profitable and flush with cash. And they have very little to do with their money except...
BANKS Branch into Supermarkets
For those of us who cringe a little waiting for that final tally at the grocery check-out line, having a bank outlet just around the corner from the stacks of jumbo-size dog food might not be a bad idea.Two area banks already have received regulatory...
Better Relations Anticipated between GM, Union
DETROIT _ With General Motors Corp.'s newly appointed chief executive officer, John F. (Jack) Smith Jr., signaling that he needs labor's help in changing the company, industry analysts and union officials are hoping for a new era of improved labor...
Boren, Crowe Reportedly Not Interested in CIA Post
WASHINGTON _ Within 48 hours of Bill Clinton's election, three potential candidates from Oklahoma had already removed themselves from the running for top administration jobs _ Oklahoma Sen. David Boren and retired Admirals William Crowe, a native...
Boren Expects Quick Action on Education
TULSA _ President-elect Bill Clinton has said the economy will be his top priority, but Sen. David Boren said Thursday he will be disappointed if Clinton does not take up education programs in his first 100 days.Boren, D-Okla., said he was confident...
Bush Imposes Tariffs on European Imports
WASHINGTON _ The Bush administration, seeking to force trade concessions for American soybean farmers, announced Thursday that it was imposing punitive tariffs on $300 million worth of European imports. The move would effectively triple the import...
Business Failures to Smash Record
NEW YORK (AP) _ Business failures increased 14.3 percent in the first nine months of the year and will smash the annual record set in 1991, despite signs of improvement in the economy, Dun Bradstreet Corp. reported Thursday."There's no question...
Civil
(12371)NOTICE INCONDEMNATION PROCEEDINGNo. CJ-92-7223In the District Court Sitting in Oklahoma County, State of Oklahoma.State of Oklahoma ex rel Department of Transportation Plaintiff, J.A. Cardwell and Evonne Cardwell and the Oklahoma County Treasurer,...
Clinton Expected to OK Trade Pact
NEW YORK (AP) _ The North American Free Trade agreement is expected to be ratified under Bill Clinton, although the president-elect has said he will insist on safeguards to protect U.S. jobs and the environment."I think NAFTA is pretty much a done...
Completions
COMPLETIONSReceived 11-05-92ALFALFA COUNTYMack Energy Company, Lourine 1, 3-27N-11W, NW SW SE NE, 502fsl-1539fwl, Misener 5731, Class. Dry, TD 5885.BEAVER COUNTYMewbourne Oil Company, Henricks 1-18, 18-1N-27ECM, C E SW, Cherokee 7248, Class. Oil, 12...
Corporation Commission
(12330)NOTICE OF HEARINGCause CD No. 165718Before the Corporation Commission of the State of Oklahoma.Applicant: Oexco, Inc. Relief Sought: Increased Density. Legal Description: All of Section 32, Township 13 North, Range 1 West, Oklahoma County, Oklahoma.STATE...
Corporation Commission
Bernice E. McDaniel; Wilda McEwen; Annette Neal McGlon; L.B. McQueen and Doris L. McQueen; McVay Drilling Co.; Meridian Oil Production, Inc.; Clyde E. Metcalf; Rhonda Metcalf Peace; Larry V. Hill; Brenda J. Metcalf Hillard; Beth Meyer; Viva Meyer;...
Corporation Commission
(12333)NOTICE OF HEARINGUS No. 42407Before the Corporation Commission of Oklahoma.In the Matter of the Application of ARCO Oil and Gas Company for a Tight Formation Gas Determination Pursuant to Section 107 of the NGPA for that part of the Sycamore,...
Corporation Commission
(12335)NOTICE OF HEARINGCause CD No. 165764Before the Corporation Commission of Oklahoma.Applicant: ARCO Oil and Gas Company. Relief Requested: Vacate 40 Acre Drilling and Spacing Units Establish 20 Acre Drilling and Spacing Unit Establish 30 Acre...
Corporation Commission
(12336)NOTICE OF HEARINGCause CD No. 165750Before the Corporation Commission of the State of Oklahoma.Applicant: Apache Corporation. Relief Sought: Increased Well Density. Land Covered: Section 14, Township 17 North, Range 23 West, Ellis County, Oklahoma.THE...
Corporation Commission
(12337)NOTICE OF HEARINGCause CD No. 165752Before the Corporation Commission of the State of Oklahoma.Applicant: Apache Corporation. Relief Sought: Increased Well Density. Land Covered: Section 15, Township 17 North, Range 23 West, Ellis County, Oklahoma.THE...
Corporation Commission
(12344)NOTICE OF HEARINGCause CD No. 165775Before the Corporation Commission of the State of Oklahoma.Applicant: Cirrus Production Company. Relief Sought: Spacing. Legal Description: NE1/4, N1/2 SE1/4, NE1/4 SW1/4 and E1/2 NW1/4 of Section 36, Township...
Corporation Commission
(12352)NOTICE OF HEARINGCause CD No. 165774Before the Corporation Commission of the State of Oklahoma.Applicant: PG E Resources Company. Relief Sought: Exception to OCCGR 165:10-13-9 and 165:10-17-11. Legal Description: All of Section 20, Township...
Corporation Commission
(12353)NOTICE OF HEARINGCause CD No. 165773Before the Corporation Commission of the State of Oklahoma.Applicant: PG E Resources Company. Relief Sought: Increased Density. Legal Description: All of Section 20, Township 12 North, Range 19 West, Custer...
Corporation Commission
(12354)NOTICE OF HEARINGCD 165760Before the Corporation Commission of the State of Oklahoma.Applicant: Jayare Exploration, Inc. Relief Requested: Pooling. Legal Description: Section 6, Township 4 North, Range 17 East of the Cimarron Meridian, Texas...
Corporation Commission
(12355)NOTICE OF HEARINGCD 165761Before the Corporation Commission of the State of Oklahoma.Applicant: Jayare Exploration, Inc. Relief Requested: Drilling and Spacing Units. Legal Description: Section 6, Township 4 North, Range 17 East of the Cimarron...
Corporation Commission
(12356)NOTICE OF HEARINGCause CD No. 165772Before the Corporation Commission of the State of Oklahoma.Applicant: Fina Oil and Chemical Company. Relief Sought: Location Exception. Legal Description: The S/2 NW/4 and the SW/4 of Section 26, the S/2 NE/4...
Corporation Commission
(12357)NOTICE OF HEARINGCause CD No. 165771Before the Corporation Commission of the State of Oklahoma.Applicant: Fina Oil and Chemical Company. Relief Sought: Increased Density. Legal Description: The S/2 NW/4 and the SW/4 of Section 26, The S/2 NE/4...
Corporation Commission
(12366)NOTICE OF HEARINGCause CD No. 165777Before the Corporation Commission of the State of Oklahoma.Applicant: DSM Exploration, Inc. Relief Sought: Exception to OCC-OAC Rule 165:10-17-6, 165:10-17-7 and 165:10-17-11; Request for Exception to Allowable...
Corporation Commission
(12334)AMENDEDNOTICE OF HEARINGCause CD No. 165381-TBefore the Corporation Commission of Oklahoma.Applicant: Williford Energy Company. Relief Requested: Pooling. Legal Description: NE/4 NW/4 of Section 16, Township 1 North, Range 6 West, Stephens County,...
Economists Argue Commercial Banking Is Dying
Will taxpayers, insurers of last resort for bank deposits, once again be left holding the bag?Warnings of humongous bank losses ahead, offered in a new book and splashed around the airwaves by Ross Perot, have been dismissed by federal regulators...
Election May Change Judicial Appointments
TULSA (AP) _ Tony Graham and Joe Heaton may have a sliver of hope of getting appointed to federal judiciary positions. Two other Oklahomans, William Lietdke III and Frank Keating, may as well forget it.Sen. David Boren, who now takes over the role...
Federal Tax Liens
Tax LiensReceived 11/03/92Federal Tax Lien ReleasesF8518 _ Bud's Backhoe Service Inc., $12,976.State Tax Lien ReleasesB6355 P1018 _ Contel of Kansas Inc., $.B6355 P1018 _ GTE System of Arkansas, $.B6354 P2315 _ La Rose Floral Design, $.B6355 P27 _ Donna...
Jobless Rate for Metro Area Rises to 5.8%
Oklahoma City metro unemployment of 5.8 percent in September was up from 5.7 percent in September 1991, and up from 5.3 percent in August, the Oklahoma Employment Security Commission reported Thursday.Employment totaled 470,600 people, unemployment...
Large Firms See Momentum Picking Up in Retail Sales
Hopes that the nation's retailers will have their first good Christmas season in four years got a boost Thursday when storeowners reported sales gained momentum in October.Retailers said business last month picked up in almost all merchandise categories...
Lawsuit Settlement Agreed to by Maxus
DALLAS (AP) _ Maxus Energy Corp. has agreed to a $50 million settlement of its insider trading lawsuit against convicted stock speculator Ivan F. Boesky involving the 1983 takeover of a California oil and gas company.In a statement released Thursday,...
Main Street Program Stimulates Growth in Bethany
Bethany's Main Street Program has been established since June 1988 and as of Sept. 30 has had a total private investment of $1 million in the area.There have been 18 facade renovations, which include facade renovations of buildings to replacement...
Main Street Program Stimulates Growth in Bethany Continued
"Just their presence there and their physical improvements have really upgraded the look of the area. It looked better to have the building full. When people see empty buildings, they feel they can't support it," the downtown area, Jones said.A building...
Miscellaneous
(12341)PUBLIC NOTICE CIV-92-2126-R In the United States District Court for the Western District of Oklahoma. United States of America, Plaintiff, -vs- Two Parcels of Real Property located in Alfalfa County State of Oklahoma, with all appurtenances...
Mortgages
Received 11/03/92B 6355 P 204 _ JRK-Northridge Partners, Ltd Ptnsh. to Bankers Trust Co., $3346000.00,part of NE/4 of Sec 31, T13N, R4W of I.M., OK.B 6355 P 220 _ JRK-Northridge Partners, Ltd Ptnsh. to Bankers Trust Co., $2269000.00,part of NE/4...
Mortgages
Received 11/03/92B 6355 P 607 _ Dennis L. Pealor et ux to American Nat'l Mtg. Inc., $96,000,L26 B5 Remington addn, OKC.B 6355 P 930 _ Michael G. Stacy et ux to American Capital Mtg. Co., Inc., $96,000,L17 B3 North Creek Estates addn, Edmond, OK.B 6354...
Mortgages
B 6355 P 321 _ David G. Roark et ux to Tinker Credit Union, $42,000,L18 B2 Briarwood Estates addn, OKC.B 6354 P 2388 _ William E. Hall et ux to Carlos Vargas et ux, $41,000,part of NW/4 of Sec 14, T12N, R1W of I.M., OK.B 6355 P 315 _ Stanley E. Sample...
Murphy Suited as T-Shirt Merchant
It was as though Sue Murphy was sitting in a sepia-toned office at a sepia-toned desk, with a window that looked out on an environment polluted with sepia-toned air.On the other side of the sepia-toned office door was the choice of returning to Oklahoma,...
New Cases
New Filings For 11/03/92 Civil.CJ-92-9076 _ Firemen's Insurance Company Of Vs Renegar Gregg R; Alleged Promissory Note; Haralson, Howard Roy Atty;Assg Div D-11 Hon. Bryan C. Dixon.CJ-92-9077 _ Oklahoma Tax Commission Vs Roselle Joe L Et Al, Roselle...
New Cases
CS-92-5782 _ State Insurance Fund Vs Miller Clinton And Lyon Marvin Alleged Indebtedness -State Hayes, Rodney Allen Atty Assg Div S-5 Hon. Sidney J. Gorelick.CS-92-5783 _ State Insurance Fund Vs Cannon Daryl D Alleged Indebtedness -State Hayes, Rodney...
New Jobless Claims Fall to Two-Year Low
WASHINGTON (AP) _ The number of first-time claims for unemployment insurance fell in late October to the lowest level in more than two years, the government said Thursday.Separately, many major retail chains reported sales increases last month, raising...
New Locations
NEW LOCATIONSReceived 11-5-92NA _ Information Not AvailableBEAVER COUNTYHeadington Oil Company, Maple Ranch 1, 26-5N-24ECM, SW, 1322fsl-1322fwl, Morrow 6495, TD 6800, El. 2566, Surface Casing Depth: 1565, Date Oper. to Begin: Upon Approval.GARVIN COUNTYTrikexco,...
Oil & Gas Leases
OIL GAS LEASEReceived 11/03/92B 6354 P 2317 _ Jimmie Wright et ux to Frank H. Dolf Jr., $, 3 yrs Years,L14-15 B1 Park Estates 8th addn, OK.B 6354 P 2319 _ Betty J. Williams to Frank H. Dolf Jr., $, 3 yrs Years,L18 B1 Park Estates 8th addn, OK.B 6354...
Oldsmobile to Halve Lineup as Older Brother of Saturn
LANSING, Mich. (AP) _ Oldsmobile will halve the number of models it sells in trying to become the older brother of General Motors Corp.'s highly successful Saturn carmaker, Olds General Manager John Rock said Thursday.Rock wouldn't specify which models...
OPEC Output Talks Lift Crude Oil Prices
Oil futures prices rose Thursday on news that members of the Organization of Petroleum Exporting Countries have begun talking about ways to halt the current slide in world crude prices.On the spot cash market, posted prices were raised 25 cents per...
Pleadings & Filings
Filings For 11/04/92.CJ-85-2653 _ First Federal Savings Loan Vs. Shaver Paul M Et Al Ntoice Of Shrf's Sale.CJ-85-7922 _ Consolidated Drilling Programs Vs. Onyx Energy Corporation Et Al Request For Re-issue Of Funds/pay To National.CJ-85-7922 _ Consolidated...
Pleadings & Filings
CS-92-4702 _ Cyphers Ruby Vs. Johnson Pearlie Defts Objection To Ptlfs Motion To Enter.CS-92-4862 _ Ford Motor Credit Company Vs. Hill Bruce W Advice Of Bankruptcy.CS-92-4872 _ Johnson Charles R Dmd Inc Vs. Terry Max Notice Of Hearing On Motion For...
Pleadings & Filings
FD-91-4282 _ Swenke Wanda Vs. Swenke Walter A Decree Of Divorce R: F:.FD-91-5319 _ Parham Carlotta Melvina Vs. Parham Michael Jesse Interrogatories To.FD-91-5319 _ Parham Carlotta Melvina Vs. Parham Michael Jesse Pltfs First Request For Admissions...
Pleadings & Filings
CJ-90-8781 _ In Waiver Of Tax Penalty Vs. Southwestern Bell Telephone Co Ent Judg For Planitiff -All As Per Je.CJ-90-9055 _ Charles F Curry Company Vs. Rigo Edward Allen Ent Judg For Planitiff -All As Per Je.CJ-90-9074 _ Lynch Charlie Vs. Cairns Paul...
Pleadings & Filings
CJ-91-6414 _ Charles F Curry Company A Miss Vs. Meadows Krizzo Et Al File Val Appr, Jimmy Allen, M.W.Brooks Paul.CJ-91-6641 _ Sonderegger Tary Hall Sondereg Vs. Williams Joseph E And State Fa Deft's Jury Instructions.CJ-91-6884 _ Darrow George...
Pleadings & Filings
CJ-92-4000 _ Morris Leann Vs. Stark Darrin Wayne Et Al Request For Production.CJ-92-4036 _ Duble Earl E Vs. Muchmore John S M D Et Al Stipulated Protective Order/jackson R:1398 F:4149.CJ-92-4190 _ Braggs Frank Vs. Farmers Insurance Company Inc Requested...
Pleadings & Filings
CJ-92-5376 _ Midfirst Bank State Savings Ba Vs. Wood Johnnie R Et Al File Val Appr, Jimmy Allen, M.W.Brooks Paul.CJ-92-5379 _ Midfirst Bank State Savings Ba Vs. Isley Stephen Jay Et Al Afd Of Mailing Of Pub Of Notice Of Hearing Of.CJ-92-5411...
Pleadings & Filings
CJ-92-6993 _ First Gibraltar Bank Fsb San A Vs. Harris Leon Et Al File Val Appr, M.W.Brooks, Jimmy Allen Paul F.CJ-92-7008 _ Reynolds Valorie C Vs. Hunsucker Lynda L Deft's Jury Instructions.CJ-92-7058 _ Charles F Curry Company A Miss Vs. Hervey...
Pleadings & Filings
CJ-92-8042 _ Bank Of Oklahoma National Asoc Vs. Johnston Margaret L Et Al Affidavit For Service By Publication.CJ-92-8049 _ Secretary Of Housing And Urban Vs. Minter Robert L Et Al Amended Petition.CJ-92-8055 _ The Onondaga County Savings Ba Vs. Bogle...
Pleadings & Filings
CJ-92-8558 _ Midwest Federal Savings Bank Vs. Keiber Rosemary Jane Fka Et Al Answer R: F:.CJ-92-8572 _ Humphrey Sherrill J Vs. Grayson Minneola H Entry Of Appearance R: F:.CJ-92-8573 _ Case James C Et Al Vs. Muirfield Disclaimer Board Of County Commissioners.CJ-92-8580...
Pleadings & Filings
CJ-92-9090 _ Maxwell Donnia As Mother And N Vs. Gibson Edward Dismissal W/prejudice R: F:.CJ-92-9107 _ Guaranty Bank And Trust Co A S Vs. Cambridge Shutters Inc An Okla Appl For Ord Restr Disp Of Prop Compel Deft To.CJ-92-9111 _ Bank Of Oklahoma...
Probate Proceedings
PROBATE PROCEEDINGSFILED 11/4/92P-89-1627 _ Est of Hullum; publi affi.P-90-60 _ Est of Patterson; publi affi.P-91-312 _ Est of Turner; publi affi.P-91-391 _ Est of Gritzmaker; publi affi.P-91-1100 _ Est of Nelson; publi affi.P-92-1481 _ Est of Byers;...
Public Notices
(12331)AMENDEDNOTICED OF HEARING(For publication inOklahoma County)Cause CD No. 165696Before the Corporation Commission of the State of Oklahoma.Applicant: Arrowhead Energy, Inc. Relief Sought: Increased Well Density. Legal Description: SE/4 of Section...
Public Notices
(12338)NOTICE OF HEARINGCause CD No. 165747Before the Corporation Commission of the State of Oklahoma.Applicant: Resources Operating Company. Relief Sought: Well Location Exception. Land Covered: NE/4 SW/4 of Section 23, Township 22 North, Range 4...
Public Notices
(12339)NOTICE OF HEARINGCause CD No. 165748Before the Corporation Commission of the State of Oklahoma.Applicant: Resources Operating Company. Relief Sought: Pooling. Land Covered: NE/4 SW/4 of Section 23, Township 22 North, Range 4 West, Garfield County,...
Public Notices
(12340)NOTICE OF HEARINGCause CD No. 165758Before the Corporation Commission of the State of Oklahoma.Applicant: Apache Corporation. Relief Sought: Exception to Rule Nos. 165:10-13-9 and 165:10-17-11 of the OCC-OGR. Land Covered: Section 17, Township...
Public Notices
(12367)NOTICE OF HEARINGCause CD No. 165782Before the Corporation Commission of the State of Oklahoma.Applicant: Brower Oil Gas Co., Inc. Relief Sought: To clarify, construe and interpret Pooling Order No. 363359. Legal Description: NW/4 of Section...
Quit Claim Deeds
QUIT CLAIM DEEDSReceived 11/03/92Sales Price Computed From Revenue Stamps.B 6354 P 2125 _ Kent E. Hutchison to Laurie Ann Johnson, Sls Pr. $,L39-48 B33 Jones Grove addn, OKC.B 6354 P 2127 _ Kent E. Hutchison to Laurie Ann Johnson, Sls Pr. $,L14 B1...
Ruling Favors ONG in Creek Systems Case
Another conflicting ruling has been issued at the Oklahoma Corporation Commission in a dispute between Oklahoma Natural Gas Co. and Creek Systems, in which Commissioner Bob Anthony asserts improper conduct has occurred in the past.An appellate judge...
Southwest Warehousing Starts Expansion
DURANT _ Southwest Warehousing Inc. has begun construction on a 30,000-square-foot expansion of its public cold storage facility at Durant's Airport Industrial Park. The $726,000 expansion is expected to add three or four new jobs to the current...
Starting Second Career Can Spur Development, Growth
If careers other than the one in which you are actively involved interest you and you still have energy at the end of the day, consider having two careers.An increasing number of people in the United States work two jobs simultaneously. This differs...
Stock Market Gains Ground; Investors Cautious on Clinton
NEW YORK (AP) _ The stock market gained ground in a fairly busy session Thursday, rebounding from a round of selling that followed the presidential election.The Dow Jones average of 30 industrials, down 29.44 points on Wednesday, rose 20.80 points...
Tenants Pay Top Dollar for View of White House
WASHINGTON _ Top-floor tenants of a recently completed office building at 800 Connecticut Ave. N.W. will get a bird's-eye view of the presidential inaugural parade in January, but they will have to pay top dollar for it.At $48 a square foot plus operating...
Tulsa Leaders, Firms Provide Walters Condo
TULSA (AP) _ Some of Tulsa's biggest civic leaders, a pizza chain and oil and utility companies are among three dozen contributors who pay rent for a Tulsa condominium for Gov. David Walters.The Metropolitan Tulsa Chamber of Commerce released this...
U.S. Worker Productivity on Increase
WASHINGTON (AP) _ The productivity of American workers improved from July through September for the sixth straight quarter, the government said Thursday, but the gains often came at the expense of the jobless."U.S. firms are producing more, yet are...
Walters: Cuts Ahead for Medical Services
Gov. David Walters said Thursday the Oklahoma Department of Human Services is not "an evil empire" where a pot of money can be found to avoid upcoming cuts in medical services to the poor and elderly.Walters repeated his assessment there will need...
Warranty Deeds
Received 11/03/92Sales price computed from revenue stamps.B 6355 P 190 _ Resolution Trust Corp. to JRK-Northridge Partners Ltd. Ptnsh., Sls Pr. $2115000.00,part of NE/4 of Sec 31, T13N, R4W of I.M., OK.Retn 2121 Avenue of the Stars, 22nd Flr., Los...
Warranty Deeds
Received 11/03/92Sales price computed from revenue stamps.B 6355 P 392 _ Gene A. VanHorn, Jr., et ux to Coleman Homes, Inc., Sls Pr. $99,000.00, L7 B3 Durbin Hills 1st addn, OKC. Retn 17521 Durbin Park Rd., Edmond, OK.B 6354 P 2238 _ Bill D. Sharp...
Warranty Deeds
B 6355 P 639 _ James R. Groves et ux to Bradley J. Duncan et ux, Sls Pr. $20,000.00, L4 B1 Arrowhead Trails 2nd addn, Edmond, OK. Retn 13905 Crossing Way West, Edmond, OK.B 6355 P 496 _ Ralph Abercrombie et ux to Tom Vorderlandwehr, Inc., Sls Pr....
Weekly Land Sales
These are the major Oklahoma County land transactions filed this week with County Clerk Ralph Hess: Transactions of $600,000 or MoreKathleen L. Wilcox purchased property at 6919 Avondale Ct., Nichols Hills, from Marcy L. Hunter, trustee of the Marcy...
Weekly Land Sales Continued
Charles E. and Jean Ann Lundeen purchased property at 13620 Briarwick, Wellington Park addition, from French Construction Co. for $139,000.Henry L. and Ramona J. Cooper purchased property at 2009 Powderhorn, Faircloud Hills addition, Edmond, from...