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 13, 1997

10th Circuit Upholds Tax Court Decision
Summaries of 10th Circuit opinions filed recently 10th U.S. Circuit Court of AppealsUnited States of America vs. One Parcel of Real Property Described as Lot 41, Berryhill Farm Estates, et al., No. 94-3326. Tommy Lee Dunmore appeals the district court's...
A Test Drive of New Gas-Electric Car: Quiet and Responsive
HAKUBA, Japan -- Turn on the key, there's only silence, no revving engine. Step on the accelerator, the car glides quietly, only the electric motor at work.Even when the gasoline-run engine kicks in at higher speeds, it's hard to notice. The only hint...
Battle Continues in Magazine Electronic Publication Case
There was a time not so very long ago when publishing a magazine meant putting it on the newsstand or mailing it off to subscribers.Then came the Internet.Now everything has been thrown into question, including who should be considered the publisher...
Big Three Not Too Speedy with Full-Blast Release of Hybrids
DETROIT -- Electric cars, ethanol cars, fuel cell cars -- hardly a month passes without some automaker touting a technology breakthrough.But even in this inflated age of automotive invention, Toyota managed to create waves with a plan to sell a gasoline-electric...
Business World
Making over HPSAN FRANCISCO (AP) -- Hewlett-Packard, that dependable, gray- haired purveyor of quality high-tech products to other businesses, is undergoing a makeover in hopes of capturing the increasingly important consumer market. The company has...
Columbians Hire American for Coffee Talk
BOGOTA, Columbia -- An American teaching Colombians how to brew coffee is like a Frenchman telling the English how to make tea, or an Italian showing the Irish how to pour Guinness, right?Wrong, says Dan Cox, owner and president of Coffee Enterprises...
Competing with Parent Can Be Chilling
FARMINGTON, Conn. -- Marvin and Mildred Miller never expected Carvel Ice Cream Bakery would become the biggest competitor to their Hanover, Mass., Carvel ice cream store.Then Carvel started stocking nearby supermarkets with its frozen desserts, melting...
Councilmembers Question Scoreboard Cost
As construction crews scramble to meet the April completion date on the more than $30 million Bricktown Ballpark, some Oklahoma City Councilmembers are looking for ways to save money -- even if it means moving an old scoreboard to the stadium.The Oklahoma...
Dallas Consultant Cuts Proposed Fee in MAPS Construction Manager Talks
Huber, Hunt & Nichols has pared down its cost proposal to manage MAPS from $20 million, and will present a new number to city officials when contract negotiations resume today.Mark LaVoy, vice president of the Dallas-based international construction...
Fed Keeps Rates Steady
WASHINGTON -- Federal Reserve policymakers Wednesday left unchanged the overnight bank lending rate -- a sign tumult in world financial markets outweighs central bank concerns that the U.S. economy may be growing fast enough to spark accelerating inflation.In...
Fleming Wins Insurance Carrier Judgment
Fleming Cos. was granted summary judgment Wednesday in a battle over insurance coverage for 10 shareholder class actions and allegations of overcharging against the wholesale food distributor.The dispute stems from a lawsuit filed by Fleming in October...
Integris, Columbia Views Differ; Association in Middle
The two main hospital networks in Oklahoma took opposing sides Wednesday on the issue of returning to a certificate-of-need system for construction and expansion of health care facilities.While Integris Health supports certificate-of-need legislation,...
ITT Shareholders Reject Hilton Offer, Re-Elect Directors
NEW YORK -- ITT's shareholders backed Starwood Lodging Trust's $13.7 billion takeover bid, ending Hilton Hotel's 10-month pursuit of the hotel and casino company.ITT shareholders voted 2-to-1 to re-elect the company's directors, rejecting Hilton's rival...
Lawyers Surf the Net at Meeting
Wanna go surfing? Beach? Ocean?Not necessary.Not for surfing in the `90s. As mankind approaches the new millennium, everyone from preschoolers to the elderly may be found surfing the Internet from the comfort of their homes and offices. We find them...
Legislative Committee Reviews Funding for Agencies
Legislative leaders gave an early indication Wednesday that the constitutional rainy day fund may be tapped to supply at least part of the funding for a statewide communications system for law enforcement agencies.The fund now totals more than $307 million....
Love's to Double Sales to $1 Billion in 5 Years
Love's Country Stores expects to double its annual sales to $1 billion within five years.The family-owned corporation now has 124 locations in eight states, employing 2,200 and boasting sales of $500 million. Its primary market is in the Southwest along...
Majors Expect to Increase Their `98 Capital Spending
CHICAGO -- Exxon, Chevron, and Marathon Oil said they expect to increase their capital spending in 1998.Much of oil companies' capital spending goes to finding crude oil and natural gas and bringing it to market. Capital spending, therefore, is considered...
Maybe October's Stock Plunge Wasn't So Bad, after All
NEW YORK -- The U.S. stock market's tumble in October was as ugly as many investors have witnessed. A look behind the numbers, though, suggests that the retreat may not have been as bloody as it appeared. The biggest losers during last month's slide...
Mortgages
A list of mortgages filed with the Oklahoma County Clerk's office is published daily in The Journal Record. Information listed for each mortgage includes book and page numbers, names of the mortgagor and mortgagee, mortgage loan amount, property description,...
New Tactics in Olympic Logo Wars
They have done away with my favorite spectacle at the Olympics. I don't know how I can bear to cover the Winter Games in Nagano, Japan, in three months.My greatest moment in Olympic history took place at the basketball medal ceremony at the 1992 Barcelona...
Oil Prices React Little to Iraq Sanctions
NEW YORK (AP) -- Oil futures prices were nearly unchanged Wednesday as investors shrugged off new sanctions against Iraq.The December crude oil contract settled down 2 cents at $20.49 barrel on the New York Mercantile Exchange.In a unanimous vote Wednesday,...
Outdoor Advertising Is Winning Respect
That most evanescent of media, outdoor advertising, is attaining a kind of permanence. Museums, galleries and archives across the United States are beginning to pay attention to the history of billboards, signs, posters, bus and subway placards and even...
Practicing Law with Ma or Pa
Getting along with co-workers can be tough enough, but when you're working elbow-to-elbow hashing out legal maneuvers with dear old dad, a special symbiosis is crucial.Not all parent-child legal partnerships work, but Monty and Kelly Bratcher say it's...
Profit Concerns Undercut Markets
NEW YORK (Bloomberg) -- U.S. stocks fell on concern that corporate profits may suffer more than expected from slowing growth in Asia and Latin America. Banking stocks such as Citicorp and computer-related shares such as 3Com declined the most.The Federal...
Redhawk Optimism
So you still wonder if the Oklahoma Redhawks baseball club will draw more fans at the new Bricktown Ballpark than the Oklahoma City 89ers did at All-Sports Stadium?Well, it's still early, but Redhawk General Manager David Vance has plenty solid reasons...
Riven Sales Beat Company's Expectations in First Week
NOVATO, Calif. -- Broderbund Software sold one-fourth of its initial shipment of Riven, the sequel to its best-selling CD-ROM adventure game Myst, during its first week, beating the company's expectations for the game.The maker of entertainment and educational...
State's Violent Crime Down, Non-Violent Numbers Up
While violent crimes dropped off significantly in 1996, Oklahoma's non-violent crime rate showed substantial increases last year.The Oklahoma State Bureau of Investigation's Uniform Crime Report shows an encouraging 9.4 percent decline in overall violent...
Supreme Court Hears Case on Age Bias in Workplace
WASHINGTON (AP) -- Supreme Court justices strained to recall their law school studies of contracts Wednesday in an important case for older workers who think they were illegally pressured to quit.At issue: Must those workers pay back their severance...
Warranty Deeds
A list of Warranty Deeds filed with the Oklahoma County Clerk's office is published daily in The Journal Record. Information listed for each warranty deed includes book and page numbers, the owner of the property granting the property to a new owner,...
Would You like to Buy Some Girl Scout Cookies? I Did!
Paula Kearney just spent the weekend selling door to door. She made more than 150 sales. Paula is 7.Paula's success has her so pumped to sell more, her parents have to dampen her enthusiasm with the reality of homework, school, household chores and bedtime....
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