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 February 25, 1989

1.5 Billion Hours Spend Yearly Filling out Tax Forms
As a nation, we spend by Internal Revenue Service estimates about 1.5 billion hours a year just filling out our income tax forms (never mind record-keeping or gathering all the necessary materials). This is the equivalent of 750,000 people working...
Assignment of Mortgages
ASSIGNMENT OF MORTGAGES Received 2/24/89 18483 - American Mtg & Inv Co to Liberty Mtg Co, L5 B32 Casady Hgts 10th Addn. 18495 - Richard Gill Co to Standard Fed S&L Assoc, L27 B6 Top O'The Town 2nd Addn. 18499 - FCA Mtg Corp to American S&L Assoc,...
Bellmon, Finance Leaders to Confer on Thrifts Plan
An Oklahoma delegation led by Gov. Henry Bellmon will on Monday attempt to influence the chairman of the Federal Deposit Insurance Corp. about his role in the nation's thrift industry bailout.</P><P> Bellmon, who departs this weekend...
Civil
(43862)</P><P>NOTICE BY PUBLICATION Case No. CJ-88-3175</P><P> State of Oklahoma, County of Oklahoma, ss: In the District Court of Oklahoma County, State of Oklahoma.</P><P> West Central Financial Corporation, Plaintiff,...
Civil
(43864) NOTICE BY PUBLICATION No. CJ-89-537 In the District Court of Oklahoma County, State of Oklahoma. Transamerica Financial Services, (Inc.), a corporation, Plaintiff, vs. Bryan E. Gray and Carol J. Gray, husband and wife; Kent Eldridge; Dan...
Civil
(43868) NOTICE BY PUBLICATION Case No. CJ-89-411 In the District Court of Oklahoma County, State of Oklahoma. Federal National Mortgage Association, Plaintiff, v. Michael L. Pritchard; Sharon R. Pritchard; et al., Defendants. STATE OF OKLAHOMA TO:...
Commerce Offers Industrial Prospect Software Package
A computer software package that enables communities to match their resources to the needs of industrial prospects is now available from the Oklahoma Department of Commerce.</P><P> The package, called Potential Oklahoma Industrial Targets...
Corporation Commission
(43831)</P><P>NOTICE OF HEARING Cause CD No. 148,414</P><P> Before the Corporation Commission of the State of Oklahoma.</P><P> Applicant: Kepco, Inc. Relief Sought: Pooling. Legal Description: S/2 of Section 13,...
Corporation Commission
(43832)</P><P>NOTICE OF HEARING Cause CD No. 148,409</P><P> Before the Corporation Commission of the State of Oklahoma.</P><P> Applicant: Bricar, Inc. Relief Sought: Pooling. Legal Description: W/2 NW/4 of Section...
Corporation Commission
(43833)</P><P>NOTICE OF HEARING Cause CD No. 148,406</P><P> Before the Corporation Commission of the State of Oklahoma.</P><P> Applicant: Bricar, Inc. Relief Sought: Spacing. Legal Description: NW/4 of Section 15,...
Corporation Commission
(43834)</P><P>NOTICE OF HEARING Cause CD No. 147,966</P><P> Before the Corporation Commission of the State of Oklahoma.</P><P> Applicant: Avra Oil Company. Relief Sought: Well Location Exception. Legal Description:...
Corporation Commission
(43835)</P><P>NOTICE OF HEARING Cause CD No. 147,967</P><P> Before the Corporation Commission of the State of Oklahoma.</P><P> Applicant: Avra Oil Company. Relief Sought: Well Location Exception. Legal Description:...
Corporation Commission
(43836)</P><P>NOTICE OF HEARING Cause CD No. 147,968</P><P> Before the Corporation Commission of the State of Oklahoma.</P><P> Applicant: Alpar Resources, Inc. Relief Sought: Pooling. Legal Description: Section...
Corporation Commission
(43837)</P><P>NOTICE OF HEARING Cause CD No. 147,969</P><P> Before the Corporation Commission of the State of Oklahoma.</P><P> Applicant: H-W Operating Company. Relief Sought: Well Location Exception. Legal Description:...
Corporation Commission
(43838)</P><P>NOTICE OF HEARING Cause CD No. 148,726</P><P> Before the Corporation Commission of the State of Oklahoma.</P><P> Applicant: Chesapeake Production Company. Relief Sought: Drilling and Spacing Units....
Corporation Commission
(43839)</P><P>NOTICE OF HEARING Cause CD No. 148,727</P><P> Before the Corporation Commission of the State of Oklahoma.</P><P> Applicant: Chesapeake Production Company. Relief Sought: Pooling. Legal Description:...
Corporation Commission
(43840)</P><P>NOTICE OF HEARING Cause CD No. 148,883</P><P> Before the Corporation Commission of Oklahoma.</P><P> Applicant: Z.G. Exploration, Inc. Relief Sought: Location Exception. Legal Description: Section 15,...
Corporation Commission
(43841)</P><P>NOTICE OF HEARING Cause CD No. 146,823</P><P> Before the Corporation Commission of the State of Oklahoma.</P><P> Applicant: Wolf Creek Exploration Company. Relief Sought: Pooling. Legal Description:...
Corporation Commission
(43842)</P><P>NOTICE OF HEARING Cause CD No. 148,779</P><P> Before the Corporation Commission of the State of Oklahoma.</P><P> Applicant: Spectrum Gas Systems, Inc. Relief Sought: To pool and fix and determine equities....
Corporation Commission
(43843)</P><P>NOTICE OF HEARING Cause CD No. 148,780</P><P> Before the Corporation Commission of the State of Oklahoma.</P><P> Applicant: Ladd Petroleum Corporation. Relief Sought: Drilling and Spacing Units. Legal...
Discount Rate Hike Signals Government Anti-Inflation Resolve
WASHINGTON - The Federal Reserve Board on Friday dramatically escalated its fight against inflation by raising its key bank lending rate to the highest level in three years to dampen upward pressure on prices.</P><P> The Fed's action...
Economic Impact from Fort Sill Continues to Increase
recent years as a result of the U.S. budget reductions, the economic impact of Fort Still on the Lawton economy has continued to rise.</P><P> An increase of 1.7 percent to $781 million in spending that affects the Lawton area has been...
Fed Unkowingly Hired Failed S&l Employees
In their rush to catch up to thrift industry fraud and mismanagement, federal regulators may have unknowingly hired some of the culprits responsible for the savings and loan debacle, The has learned. The Federal Home Loan Bank Board hired as many...
Foreign Investment, Trade Offer State Opportunities
Oklahomans have much to gain by seizing opportunities in foreign investment and international trade.</P><P> This view is widely accepted among businessmen, state legislators, scholars and government officials who regard foreign investment...
Government Ready with Cash for Weak S&ls; Reassurance
WASHINGTON - The Federal Reserve Board stands ready to provide cash to any insolvent savings institution that runs short of cash because of large withdrawals. ``Arrangements have been established for the provision of liquidity support to savings and...
Inflation, Interest Rates Jolt Stocks
The latest round of bad inflation news and interest-rate increases caught stock market investors with their guard down.</P><P> The 0.6 percent rise in the consumer price index for January reported on Tuesday didn't come without any advance...
Inside Track
Ten-year-old Hale Herk, winner of Wednesday's fourth race, a $6,500 claiming race, is a graded stakes winner. As a 2-year-old Hale Herk won the Joliet Stakes and as a 4-year-old, he won the $75,000 added Equpoise Mile, Grade III both at Illinois'...
January 6.6% Unemployment Shows Improvement
Oklahoma dropped 18 percent from January 1988 to January 1989, according to statistics released by the Oklahoma Employment Security Commission Friday.</P><P> The state unemployment rate showed a seasonal increase to 6.6 percent in January...
Journal Record Names Franks Owner of Week
Eclipse Award winning owner John Franks of Shreveport, La., has been named The Journal Record's horse owner of the week at Remington Park.</P><P> Each week The Journal Record acknowledges one horse owner whose horse or horses have performed...
Judge Parr Motion Docket Friday February 24, 1989 9:00 A.M
JUDGE PARR MOTION DOCKET FRIDAY FEBRUARY 24, 1989 9:00 A.M.</P><P>CJ-82-5081 -- Charles Coreley (NAI) vs Milton Wolfe et al (NAI). Mot for assessment of atty fees. Sustained.</P><P>87-8177 -- Richard Long et al (Mike Millstead)...
Juvenile
(43830) NOTICE OF HEARING No. JF-88-1174 In the District Court for Oklahoma County, State of Oklahoma, Juvenile Division. In the Matter of: Kimberly Ford a/k/a Kimberly Joyce Ford, child alleged to be: deprived. THE STATE OF OKLAHOMA TO: Betty Joyce...
Juvenile
(43875)</P><P>NOTICE OF HEARING</P><P>JF-88-301</P><P> In the District Court for Oklahoma County, State of Oklahoma. Juvenile Division.</P><P> In the Matter of: Tommy Ellis, Consuela Ellis & Nikki...
Lawton Becoming Central City of Southwest Oklahoma
LAWTON - It was just Dec. 22 that a letter was sent to 150 Lawton business leaders by the Lawton Chamber of Commerce and Industry, calling a meeting to raise $350,000 to provide 100 acres for a new plant to be build by the Marquardt Co.</P><P>...
Low Utility Costs among Chief Assets for State
Low utility costs and reliability are among the chief assets Oklahoma has to lure companies to relocate or expand within its confines, said Howard Motley Jr., director of public utilities for the Oklahoma Corporation Commission. "This emphasis...
Marriage License Returned
MARRIAGE LICENSE RETURNS Received 2-23-89 Dale Emery Benefield, 28 & Tonya Lavern Williams, 26, married 1-27-89, 1608 SW 86.</P><P> Terry Lynn Dickey, 29 & Melody Kaye Perkins, 20, married 2-11-89, P O Box 966 (Harrah).</P><P>...
Miscellaneous
(43850)</P><P>NOTICE SUMMONS BY PUBLICATION Case No. 774555</P><P> State of Wisconsin: Circuit Court: County: Family Court Branch.</P><P> In re the marriage of: Patricia Marie Jaworsky, 3403 S. 64th St, Milwaukee,...
Mortgages
MORTGAGES Received 2/24/89 19042 - B & H Investment Co Inc to Exchange Natl Bank of Del City, $300,000, pt NW4 Sec 17 T11N R2W IM. 19043 - B & H Floor Co Inc to Exchange Natl Bank of Del City, $300,000, pt L37-40 B3 Oliver Park Addn. 19044 - Jessie...
New Cases before the District Court
CIVIL JURY Received 2-23-89</P><P> CJ-89-1589 - General Motors Acceptance Corp, a corp vs Jeffrey G Dean; pet in replevin, etc; Bruce McClelland atty; assg Judge Cook.</P><P> CJ-89-1650 - Audra Lea Patterson vs James Lee...
New Cases before the District Court
SPECIAL Received 2-23-89</P><P> CSC-89-1036 - Southwest Utilities Inc vs Public Supply Company; alleged sum owing, $3,060.86, etc; Michael E Krasnow atty; assg Judge Howard.</P><P> CS-89-1039 - Richard Lowery dba Richard...
New Cases before the District Court
DIVORCE Received 2-23-89</P><P> FD-89-1177 - John D Porter vs Misty E Porter; Edwin Shapard atty; assg Judge Bragg.</P><P> FD-89-1180 - Susanne B Bain vs Joe W Bain; David A Kroll atty: assg Judge Bragg.</P><P>...
New Locations
NEW LOCATIONS Received 2-24-89 BEAVER COUNTY J L Thomas Engineering Inc, Kathryn Hughes 1, 20-1N-24ECM, SE/4 NW/4, 660fsl-1980fwl, Chester 8720, TD 8800; EL 2821; Depth to base of treatable water-bearing fm: 400; Surface Casing: 1587. CARTER COUNTY...
Noteworthy Economic Measures Pass Committee
Committee action was fast and furious last week as Oklahoma lawmakers manuevered and manipulated to have their bills heard before the Feb. 23 deadline. A number of noteworthy measures made it out of the Economic Development Committee of the House...
Oil & Gas Leases
OIL AND GAS LEASE Received 2/24/89 18469 - Herman Jerry Scott to Magnatex Corp, 5 Years, L2 B2 Reeder's Ann Arbor Addn. 18470 - Charles M Thomas et al to Magnatex Corp, 5 Years, L5 B6 Warr Acres 2nd Addn. 18471 - Carey R Phillips et ux to Magnatex...
Pleadings & Filings
CIVIL Received 2-23-89 CJ-87-302 - SW B&T Co vs Willis et al; ord. CJ-85-3124 - Blake vs OGG&E Co et al: disml w-o prej. CJ-88-8912 - American Mtg & Invest Co vs Mitchell et al: ord. CJ-88-7019 - Govern Natl Mtg Assoc vs Schmidt et al; ord. CJ-88-8725...
Pleadings & Filings
SPECIAL RECEIVED 2-23-89</P><P> CS-88-5103 - Credit collections vs Wyatt et al; garnish afi.</P><P> Cs-88-7796 - HCA Health Services of Okla vs Ingram et al: garnish affi.</P><P> CS-88-7323 - Otasco Inc vs...
Pleadings & Filings
SPECIAL Received 2-23-89 CS-89-458 - Miles vs Williamson; entry. CS-88-5582 - Credit Adj Co vs McLemore; motion. CS-87-2083 - Graham vs Anderson et al; garn summons. CS-86-4814 - Samuel Gordon & Co vs Osborne; garn summons. CS-88-5204 - Dillard...
Pleadings & Filings
CIVIL RECEIVED 2-23-89 CJ-88-4206 - Lumbermens Invest Corp vs JMG Invests et al; ord. CJ-88-6114 - Bancplus Mtg Corp vsBass et al; ord. CJ-88-9587 - Citicorp Mtg Inc vs Sewell et al; JE. CJ-88-12533 - Glenfed Mtg Corp vs Smith et al: JE. CJ-88-12314...
Pleadings & Filings
DIVORCE RECEIVED 2-23-89 FD-88-8514 - Moore; not of filing. JFD-82-6155 - Mason; ans. JFD-74-6743 - Yery; appl. JFD-80-959 - McClure; appl. JFD-80-7732 - Park; interrog. JFD-83-2012 - Shaffe r; notice. JFD-83-3663 - Ord. JFD-75-6355 - Riley:...
Preliminary Docket
PRELIMINARY DOCKET</P><P>WEDNESDAY</P><P>MARCH 1, 1989</P><P>JUDGE C. DENNIS</P><P>PARKER, ST. ATTY</P><P>9:00 A.M.</P><P>CRF-86-03837 -- Frank L Stas.</P><P>CRF-89-00391...
Probate
(43828)</P><P>NOTICE TO CREDITORS AND NOTICE OF HEARING FINAL ACCOUNT AND PETITION FOR DETERMINATION OF HEIRSHIP, DISTRIBUTION AND DISCHARGE</P><P>No. P-88-2179</P><P> In the District Court of Oklahoma County, State...
Probate
(43854)</P><P>ORDER FOR HEARING PETITION TO SELL REAL PROPERTY</P><P>Case No. P-74-1521</P><P> In the District Court in and for Oklahoma County, State of Oklahoma.</P><P> In the matter of the guardianship...
Probate Proceedings
PROBATE PROCEEDINGS Received 2-24-89 P-89-153 - Est of Smith; letters of admin, affi (2), ord.</P><P> P-87-469 - Gdn of McCollough, annual report.</P><P> P-88-1268 - Est of McKee; return of sale, ord & not of hrng on ...
Quarles Drilling Sets World Depth Record
TULSA - Quarles Drilling Corp.'s Rig 25 has set the world's depth record for drilling a turnkey well while drilling Union Oil of California's Bruner Well No. 2-33 in Becham County, Okla, the Tulsa-based company said Friday. Rig 25's bit has penetrated...
Quit Claim Deeds
QUIT CLAIM DEEDS Received 2/24/89 18530 - Albert Jack Craddock et al to Thomas R Deen et ux, pt L3 Traubs 2nd Addn. 18560 - M D Johnson et al to Lisa Lynn Dewoody, L3 B4 Mayfay 2nd Addn. 18564 - George England to George England tr, pt SW4 Sec 29...
Release of Federal Tax Liens
RELEASE OF FEDERAL TAX LIENS Received 2/24/89 18701 - Fred Ham, $1,092.51. 18702 - Otis T Hammond et al, $250.33. 18703 - Chris Hardeman, $1,464.59. 18704 - Leon B Harrell, $1,621.77. 18705 - Lalli Enterprises Inc, $5,171.47. 18706 - Landscape Ent...
Release of Mortgages
RELEASE OF MORTGAGES Received 2/24/89 18481 - Minnesota Mutual Life Ins Co to Preston D Bond et ux, L9 B1 McClaflin Acres 2nd Addn. 18482 - FNMA to Steve W Imel, pt NE4 Sec 12 T13N R2W IM. 18484 - American Home S&L Assoc to John W Nichols, pt L8,...
Reporting Income for Investors Grows More Complicated
For investors, the reporting of income has grown far more complicated, and for many, tax liabilities have risen as a result of the nation's new tax laws, even though the Reagan administration and congressional supporters promised individual...
Sheriffs Sale
(43811)ALIASNOTICE OF SHERIFF`S SALENo. CJ-88-6132 In the District Court of Oklahoma County, State of Oklahoma. Transamerica Financial Services, (Inc.), a corporation, Plaintiff, vs. Clifford Edward Baggett and Joan Baggett, husband and wife, and...
Sports-Related Lawsuits Concern for Universities
An increasing number of lawsuits arising out of sports-related injuries could drain revenues from universities and colleges and force some out of offering athletics programs, said Andy Coats, an Oklahoma City attorney. Local attorneys who agree...
Summons & Returns
SUMMONS AND RETURNS CIVIL RECEIVED 2-23-89 CJ-88-8479 - Commercial Financial Service vs Merrick et al; not served. CJ-89-1244 - Fed Natl Mtg Assoc vs L & H Investment et al; L & H Investment Inc 2-10-89. CJ-89-1316 - Bank of Okla vs Ginsberg et al;...
Sunday Race Issue Steams Hot Springs
HOT SPRINGS, Ark. (AP) - A March 9 election on Sunday racing at Oaklawn Park is unconstitutional, opponents say.</P><P> The Legislature recently approved a measure to give the thoroughbred track a tax break and allow Hot Springs residents...
Virginia Slims Offers City International Exposure
The $100,000 Virginia Slims of Oklahoma tennis tournament which begins Saturday may not have the financial impact of some other Oklahoma City sporting events, but promoters say it will offer Oklahoma City international exposure.</P><P>...
Warranty Deeds
18842 - Sec Housing & Urban Dev to Stacy Jene Edmonds, L7 Hathaway Fourth Addn, Bethany. Retn 613 Westridge Dr, Yukon. 18844 - Sec Housing & Urban Dev to Tracy J Simmons et ux, L10 B8 Chisholm Creek Addn, OKC. Retn 10415 Greenbriar Place, Ste C,...
Warranty Deeds
WARRANTY DEEDS Received 2/24/89 19072 - Charles Linstead et ux to John R Byrd et ux, RS $270.00, pt SW4 Sec 8 T13N R2W IM. Retn 430 E 2nd St, Edm. 18850 - David R Zornes et ux to Merrill Lynch Realty Operating Ptnrship, RS $217.50, L9 B16 Chimney...
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