Total Tool Makes Chapter 11 Filing

THE JOURNAL RECORD, July 16, 1994 | Go to article overview

Total Tool Makes Chapter 11 Filing


Total Tool Inc. of Rush Springs, Okla., filed a voluntary bankruptcy petition under Chapter 11 Friday at the U.S. Bankruptcy Court for the Western District of Oklahoma.

Total Tool, an oil field equipment retailer, listed total assets of $1.63 million and liabilities of $1.66 million. According to the filed petition, the company had seven holders of $359,485 in fixed liquidated secured debt and 155 claims totaling $1,304,458 in unsecured debt.

The private corporation has assets located in Oklahoma, New Mexico, Texas and Wyoming, according to the petition. Dickson Purchases Property to Build Plant

A manufacturer of construction equipment purchased 120 acres Thursday for a manufacturing plant.

Wayne Dickson, president of Dickson Industries Construction Equipment of Tecumseh, purchased 120 acres at the Highway 177 and Interstate 40 junction for $190,000.

He said he will build a manufacturing plant on the property.

Seller was Howard Fowler. Auctioneer was Eddie Haynes. Magazine Recognizes 3 Oklahoma Companies

Three Oklahoma-based companies were among the top 70 architecture and engineering companies recognized in the current issue of Building Design and Construction magazine.

HTB Inc. of Oklahoma City ranked 30th among 60 companies in the architects and engineers category. The company ranked 34th in the 1993 listing of that category.

Listed for the first time, The Benham Companies of Oklahoma City ranked 12th among 50 companies in the engineers and architects grouping.

Manhattan Construction of Tulsa rated 29th of 70 companies in the contractors category.

Design firms are ranked on billings for design and plannings in 1993. Contractors are ranked on the dollar value of their construction in 1993. The magazine surveys 1,200 firms annually for the listings. Oneok Official Set to Speak at Luncheon

TULSA _ Danny Nixon, compressed natural gas manager for Oneok Inc. of Tulsa, is scheduled to speak Wednesday at the luncheon meeting of the International Society of the Energy Advocates. Nixon is scheduled to discuss recent advances in the industry at the meeting, set at the Tulsa Petroleum Club. …

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Total Tool Makes Chapter 11 Filing
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