Father and Son Investor Team in Texas Buys 4.1% of AmeriWest Financial Corp

Article excerpt

DALLAS -- Two Texas investors disclosed last week they have purchased 4.1% of the outstanding common shares of the AmeriWest Financial Corp. of Albuquerque.

In a filing with the Securities and exchange Commission, Calvin R. Guest adn his son Gary d. Guest, both of Bryan, said they hold through their companies 93,600 shares or 4.1% of AmeriWest's 2.3 million outstanding shares.

Calvin Guest, 60, lists himself as an investor and consultant to Lamar Financial Corp., the holding company of Lamar Savings Association of Austing. He also is president and majority shareholder of Mercury Capital, an investment company.

Gary Guest, 30, is a construction contractor and a principal in the Liro Homes Corp. He also is the principal shareholder of the Two County Corp., another development company.

In the SEC filing, the Guests said they purchased the shares "to establish a significant equity investment" in the Albuquerque savings company. The Guests said they may buy more shares of AmeriWest in the future, but currently have no plans to propose a takeover of the company.

But the Guests did not rule out developing takeover plans in the future.

In a telephone interview, Calvin Guest declined to be more specific about their investment plans. …