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 July 1, 1990

Aircraft Auction Results Fal, but Dealers Satisfied
Although a continuous growth trend came to an end, officials of the Oklahoma Aircraft Dealers Association have expressed satisfaction with its 15th annual aircraft auction and trade show, which returned to Wiley Post Airport this year after nine...
At&t Lowers Rates in Oklahoma
AT&T Lowers Rates in Oklahoma Effective Sunday, American Telephone & Telegraph Co. is lowering rates on several in-state long distance telephone programs, along with rates on national and international long distance rates. The lowered rates were...
Auto Makers Act to Help Dealers with Rental Car Sales
By Paul C. Judge DETROIT - After years of hearing dealers complain that rental companies were poaching on their business by selling nearly new cars, auto makers have offered a remedy that may ease the tension.</P><P> But the plans...
Bush Moves Lips Fast for Tax Hike
When communicating about taxes, elected officials are at their subtle best. Some ask that you read their lips, some speak from both corners of the mouth, and many find refuge in semantics.</P><P> In the past, presidents have raised revenues...
Bush: No-Tax Pledge Reversed to Cut Deficits, Help Economy
Cox News Service WASHINGTON - President Bush said Friday that he abandoned his no-new-tax pledge because of the country's ``sluggish'' economy and ballooning deficits.</P><P> ``I knew I'd catch some flak on this decision,'' Bush acknowledged...
Bush's Tax Plan Headache to Republican Campaigns
Did President Bush break his pledge of ``no new taxes,'' or, with his carefully phrased, succinct but ambiguous acknowledgement of the need for ``tax revenue increases,'' did he not? The whooping and hollering of many Republicans against the president's...
Campbell to Restructure, Sell Businesses
CAMDEN, N.J. (AP) - Campbell Soup Co. announced Friday a major restructuring plan that will eliminate 3,000 jobs worldwide and includes the sale of U.S. and Canadian fresh foods and fresh produce businesses with combined net sales of more than...
Civil
(68756)</P><P>NOTICE OF SERVICE</P><P>BY PUBLICATION</P><P>Case No. CJ-88-8731</P><P> In the District Court of Oklahoma County, State of Oklahoma.</P><P> First Western Federal Savings and...
Civil
(70321)</P><P>NOTICE OF SALE</P><P>Case No. CJ-89-8441</P><P> In the District Court in and for Oklahoma County, State of Oklahoma.</P><P> Lion Funding Corporation, Plaintiff, vs. Donald Scott Haney and ...
Civil
(70322)</P><P>NOTICE OF SALE</P><P>Case No. CJ-90-9</P><P> In the District Court in and for Oklahoma County, State of Oklahoma.</P><P> Federal Home Loan Mortgage Corporation, Plaintiff, vs. Walter F. ...
Corporation Commission
(68727)</P><P>NOTICE OF HEARING Cause CD No. 154,385</P><P> Before the Corporation Commission of Oklahoma.</P><P> Applicant: Jack Exploration, Inc. Relief Sought: Pooling. Legal Description: Section 28, Township...
Corporation Commission
(68728)</P><P>NOTICE OF HEARING Cause CD No. 154,384</P><P> Before the Corporation Commission of Oklahoma.</P><P> Applicant: Jack Exploration, Inc. Relief Sought: Location Exception. Legal Description: Section 28,...
Corporation Commission
(68739)</P><P>NOTICE OF HEARING Cause CD No. 154,376</P><P> Before the Corporation Commission of the State of Oklahoma.</P><P> Applicant: Unit Petroleum Company. Relief Requested: Well Location Exception. Legal...
Corporation Commission
(68740)</P><P>NOTICE OF HEARING Cause CD No. 154,375</P><P> Before the Corporation Commission of the State of Oklahoma.</P><P> Applicant: Unit Petroleum Company. Relief Requested: Well Density. Legal Description:...
Corporation Commission
(68741)</P><P>SECOND AMENDED</P><P>NOTICE OF HEARING Cause CD No. 153,284</P><P> Before the Corporation Commission of the State of Oklahoma.</P><P> Applicant: Woods Petroleum Corporation. Relief Requested:...
Corporation Commission
(68742)</P><P>AMENDED</P><P>NOTICE OF HEARING MC-50,315 Sub 11</P><P> Before the Corporation Commission of the State of Oklahoma.</P><P> Joint Application Of: ANR Freight System, Inc. (Transferor), P.O....
Corporation Commission
(68743)</P><P>NOTICE OF HEARING MC 71931 SUB 1</P><P> Before the Corporation Commission of the State of Oklahoma.</P><P> Joint Application of: Vance A. Lenz, DBA: Lenz Moving and Storage Company (transferor), 821...
Corporation Commission
(68745)</P><P>NOTICE OF HEARING Cause CD No. 154,386</P><P> Before the Corporation Commission of the State of Oklahoma.</P><P> Applicant: Joe D. Davis. Relief Sought: Pooling. Legal Description: Section 1, Township...
Corporation Commission
(68746)</P><P>APPLICATION FOR</P><P>CHANGE OF OPERATOR Cause CD No. 154,377</P><P> Before the Corporation Commission of the State of Oklahoma.</P><P> Applicant: Russell D. Meloy. OTC Operator No. 15798....
Corporation Commission
(68760)</P><P>AMENDED</P><P>NOTICE OF HEARING Cause CD No. 153,798</P><P> Before the Corporation Commission of Oklahoma.</P><P> Applicant: Dyco Petroleum Corporation. Relief Sought: Drilling and Spacing...
Corporation Commission
(68768)</P><P>NOTICE OF HEARING Cause CD No. 154,396</P><P> Before the Corporation Commission of the State of Oklahoma.</P><P> Applicant: Associated Natural Gas, Inc. Relief Requested: Limited Deviation from Priority...
Corporation Commission
(68769)</P><P>NOTICE OF HEARING Cause CD No. 154,397</P><P> Before the Corporation Commission of the State of Oklahoma.</P><P> Applicant: Tide West Oil Company. Relief Requested: Force Pooling. Legal Description:...
Corporation Commission
(68772)</P><P>NOTICE OF HEARING</P><P>Cause CD No. 154,398</P><P> Before the Corporation Commission of the State of Oklahoma.</P><P> Applicant: B&W Exploration, Inc. Relief Sought: Well Location ...
Corporation Commission
(68773)</P><P>NOTICE OF HEARING Cause CD No. 154,399</P><P> Before the Corporation Commission of the State of Oklahoma.</P><P> Applicant: B. & W Exploration, Inc. Relief Sought: Pooling. Legal Description: NE/4...
Corporation Commission
(68774)</P><P>NOTICE OF HEARING Cause CD No. 154,400</P><P> Before the Corporation Commission of the State of Oklahoma.</P><P> Applicant: John C. Oxley d/b/a Oxley Petroleum Co. Relief Sought: Pooling. Legal Description:...
Corporation Commission
(68775)</P><P>NOTICE OF HEARING Cause CD No. 154,401</P><P> Before the Corporation Commission of the State of Oklahoma.</P><P> Applicant: John C. Oxley d/b/a Oxley Petroleum Co. Relief Sought: Well Location Exception....
Corporation Commission
(68776)</P><P>NOTICE OF HEARING Cause CD No. 154,395</P><P> Before the Corporation Commission of the State of Oklahoma.</P><P> Applicant: The Louisiana Land and Exploration Company. Relief Sought: Drilling and Spacing...
Corporation Commission
(68777)</P><P>NOTICE OF HEARING Cause CD No. 154,394</P><P> Before the Corporation Commission of the State of Oklahoma.</P><P> Applicant: Ran Ricks, Inc. Relief Sought: Drilling and Spacing Units, Land Covered:...
Corporation Commission
(68778)</P><P>NOTICE OF HEARING Cause CD No. 154,393</P><P> Before the Corporation Commission of the State of Oklahoma.</P><P> Applicant: Ran Ricks, Inc. Relief Sought: Pooling. Land Covered: A 640-acre drilling...
Crude Futures Finish Lower
NEW YORK (AP) - Energy futures finished mostly lower Friday after an attempted rally failed to gather momentum in thin trading.</P><P> Wholesale unleaded gasoline prices bucked the trend and the contract for July delivery closed sharply...
Directions Expected Soon on Future Market Course
NEW YORK - It shouldn't be long before Wall Streeters get some answers to their questions about the likely course of the financial markets in the second half of 1990.</P><P> In the week ahead, bracketed around the July 4 holiday on ...
Dollar Falls; Gold Prices Jump
NEW YORK (AP) - The dollar fell Friday in quiet trading on world currency markets. Gold prices, up moderately overseas, jumped sharply in thin U.S. dealings following purchases by a major commodity fund. On New York's Commodity Exchange, gold settled...
Express Service Speeds on with Gazelles
"Every morning in Africa, a gazelle wakes up knowing it must outrun the fastest lion or be killed. . .A lion wakes up knowing it must outrun the slowest gazelle or starve. It doesn't matter whether you're a lion or a gazelle. When the sun comes...
Lukas Picks Norman as Site for Training Center
David Vance says D. Wayne Lukas' decision to move his national Thoroughbred training center to Norman "is the best thing that could happen to Oklahoma racing since Remington Park."</P><P> Vance, general manager of the $95 million racetrack,...
Market Inches Ahead to End First Half '90 on a Positive Note
NEW YORK (AP) - The stock market inched ahead Friday, capping off the first half of 1990 on a positive note. The Dow Jones average of 30 industrials rose 1.98 to 2,880.69, bringing its gain for the week to 23.51 points. Over the first six months...
Merrico Resources Files for Bankruptcy Protection
Merrico Resources Inc. of Ardmore filed for bankruptcy protection Friday from a partner in one of its 35 partnerships, in order to proceed with selling the company.</P><P> Negotiations are very near conclusion to sell Merrico's assets ...
Miscellaneous
(68750)</P><P>NOTICE #3 OF TRUSTEE'S</P><P>INTENT TO SELL</P><P>PROPERTY OF THE ESTATE</P><P>(Garfield County)</P><P>Bankruptcy No. 88A-04300</P><P> In the United States Bankruptcy...
Miscellaneous
(68751)</P><P>NOTICE #4 OF TRUSTEE`S</P><P>INTENT TO SELL</P><P>PROPERTY OF THE ESTATE</P><P>(Payne County) Bankruptcy No. 88A-04300</P><P> In the United States Bankruptcy Court for the District...
Miscellaneous
(68753)</P><P>NOTICE #6 OF TRUSTEE`S</P><P>INTENT TO SELL</P><P>PROPERTY OF THE ESTATE</P><P>(Noble County) Bankruptcy No. 88A-04300</P><P> In the United States Bankruptcy Court for the District...
Miscellaneous
(68754)</P><P>NOTICE #7 OF TRUSTEE`S</P><P>INTENT TO SELL</P><P>PROPERTY OF THE ESTATE</P><P>(Grant County)</P><P>Bankruptcy No. 88A-04300</P><P> In the United States Bankruptcy...
Mortgages
MORTGAGES Received 6/28/90 B 6052 P 783 - Gregory P Gilcrease et ux to Mtg Exchange Corp, $95,400,L6 B1 Fox Hollow Replat of Cinnamon Down The Way Addn. B 6052 P 992 - Terry M Hunter et ux to Consolidated Mtg Svcs Inc, $83,600,L6 B2 Silver Creek...
Nelson Hunt Returns to Court after Unexplored Mineral Rights
By Scott Williams Fort Worth Star-Telegram DALLAS - Six months after losing a fortune in one of the biggest personal bankruptcies ever, fallen Texas oil tycoon Nelson Bunker Hunt is back in court, fighting for the rights to any unexplored minerals...
New Home Sales Increase at 0.4 Percent Rate in May
WASHINGTON (AP) - New home sales in May rose at an annual rate of 0.4 percent, but were still at virtually their lowest level since the economy emerged from its last recession 7 1/2 years ago.</P><P> The government said Friday that the...
President Bush Vetoes Proposal for Guaranteed Unpaid Time Off
WASHINGTON - President Bush vetoed a bill that would have guaranteed workers unpaid time off for births, adoptions or medical emergencies of family members.</P><P> The president, whose veto on Friday was expected, said in his veto...
Profits by State Firms Expected to Rise 37%
Wall Street analysts project 1991 profits for 19 major Oklahoma-based publicly-held corporations will continue their upward trend, increasing 37 percent to an average of $1.30 per share from an estimated 95 cents per share average for 1990.</P><P>...
Resolution Trust Exceeds Goal for Quarter
Resolution Trust Exceeds Goal for Quarter The Resolution Trust Corp. said Friday it expects to have reduced its inventory of insolvent savings and loan associations by 155 for the quarter by days end Saturday, last day of the quarter. It had set...
Second Count Test of School Funding Imminent
It was just three years ago that the Oklahoma Supreme Court ruled that the state's school funding system is constitutional. Now, another court challenge appears imminent by the same group, the Fair School Finance Council of Oklahoma Inc. What would...
Sheriffs Sale
(70288)</P><P>NOTICE OF SALE</P><P> Notice is given that on the 17th day of July, 1990, at 2:00 P.M. in Room 103 of the Oklahoma County Courthouse Annex Building, 320 Robert S. Kerr Avenue, Oklahoma City, Oklahoma, J.D. Sharp,...
Sheriffs Sale
(70327)</P><P>NOTICE OF SHERIFF`S SALE</P><P>Case No. CJ-90-3206</P><P> TO: Sharon R. Logan, a/k/a Sharon Ruth Sampson, a/k/a Sharon Ruth Logan, John E. Appleseth, Deborah L. Appleseth, a/k/a Debbie Appleseth,...
Sheriffs Sale
(70328)</P><P>NOTICE OF SHERIFF`S SALE</P><P>Case No. CJ-89-10856</P><P> TO: Stephen L. Vargo; Deena Rae Vargo; Hefner Village Homeowners` Association, Inc.; Bank of Oklahoma, N.A., Midwest City, f/k/a American...
Sneering Skeptics Abound on U.S. Japan Trade Accord
By Rick Gladstone NEW YORK - You didn't have to scrounge to find skeptics sneering at the latest U.S.-Japanese attempt to improve trade and business relations between the world's two largest economies.</P><P> Even as negotiators completed...
Suit over Trademark Seeks $5.7 Million Total Damages
A lawsuit seeking $5.7 million in damages and alleging trademark infringement and interference with contracts was filed Friday against Goff Corp. of Seminole, Okla., in U.S. District Court in Oklahoma City.</P><P> Filed by Power Blast...
Teamwork Key for Attrwacting Racing Center
Attracting a world-class organization to your town takes a first-class effort, and Norman Chamber of Commerce Director Steve Kreidler said it took teamwork to land D. Wayne Lukas.</P><P> Lukas, Thoroughbred racing's most prolific and...
Warranty Deeds
WARRANTY DEEDS Received 6/28/90 Sales price computed from revenue stamps. B 6052 P 710 - Sammie V Borum et ux to James D Benson et ux, Sls Pr. $96,000.00, pt SW4 Sec 8 T13N R2W IM. Retn 4528 S Coltrane, Edm. B 6052 P 986 - Romart Inc to Terry M...
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