Texas Bank Consolidation Gains Momentum Amid Mergers
A rising wave of mergers creates a holding company with assets of 23 billion dollars and 87 subsidiary banks. Analysts say regulatory latitude has grown after the InterFirst First United approval, accelerating nationwide consolidation as stock prices slump and deals price at 1.5 to 2 times book value.
MENTIONED IN THIS ARTICLE
Texas Bank Holding Company
Federal Reserve Board
First United
Fed
Dallas
Fort Worth
Bud Ward
Arthur Young & Co
Lewis H. Bond
Texas American
Texas Commerce
Joel P. Friedman
Arthur Andersen & Co
Texas Bank
Bank Administration Institute
Louisiana Suspect Sought in Five Murders Linked to Olivia Newton-John Obsession
A Louisiana sheriff's investigator flies to Washington to determine if a failed suspect is the man described as obsessed with Olivia Newton-John. Michael O. Perry, 28, of Lake Arthur, is charged with five murders in the shooting deaths of his father Chester, mother Grace, cousin Randy, nephew Anthony Bonin, and cousin Bryan LeBlanc.
MENTIONED IN THIS ARTICLE
Washington
Louisiana
Olivia Newton-John
Michael O. Perry
Lake Arthur
Chester
Grace
Randy
Anthony Bonin
Bryan LeBlanc
Metro bodies found in two Lake Arthur residences
An investigator from Jefferson Davis Parish sheriff’s department planned to interview Michael O Perry, jailed on a theft charge in Washington, to see if he matches a suspect sought by Louisiana authorities. Perry is held for stealing a radio cassette player from a Washington hotel.
MENTIONED IN THIS ARTICLE
Lake Arthur
Jefferson Davis Parish
Michael O. Perry
Washington
FDIC Reveals Mid-Cities Loan Handling And Investigations
FDIC spokesman Alan Whitney says Mid-Cities received 17.3 million for nonperforming assets retained by federal authorities. The FDIC will investigate the bank's failure and could refer criminal activity to the FBI. Civil liability may be pursued against directors or officers. A separate note mentions a man with a similar name tied to a murder warrant in Louisiana.
MENTIONED IN THIS ARTICLE
Metro
Ryan
Powell
Permian Basin
Blair
Midland
Borger
Robert Wilson
Mid-Cities
FDIC
Alan Whitney
Whitney
FBI
Tax rulings trigger tax base shifts in Ector County
Officials in Odessa and Ector County discuss impacts of tax base changes from government securities exemptions and court rulings. Ed wards cites a 2.2 billion value for taxation and outlines anticipated losses offset by a proposed 43.6 cent rate. The Ector County school district notes 5.72 billion in taxable property, with potential gains if bank stock holdings become taxable.
MENTIONED IN THIS ARTICLE
Ector County
Goodwin
Edwards
Odessa
U.S
Bill Walker
Dan Ramirez
Supreme Court
Odessa College
Phil Speegle
OC Board of Trustees
Speegie
Heat, storms, and records mark Texas weather outlook
Fair tonight with a near seventy low and southerly winds under ten mph. Tuesday highs near the upper 90s with south winds at 5 to 15 mph under sunny skies. Texas broadens to mostly fair, with coastal thundershowers from a Gulf air mass and lingering West Texas clouds after Sunday. Heat claimed a life in Dallas as a 78-year-old woman died of heat stroke, with readings near 98 degrees on the porch. Parkland Hospital treated the deceased. Readings show 4 a.m. temps from 67 to 82 across cities. The forecast calls for scattered showers along the coast and mostly fair elsewhere with hot days and warm nights through the week.
MENTIONED IN THIS ARTICLE
South Dallas
Dallas
Anna Harris
Texas
Panhandle
Big Bend
North Texas
South Texas
Plains
Governors back merit system for teachers
Governors nationwide endorse a beyond the basics plan to raise standards and reward outstanding teachers. The National Governors Association approved a policy urging states and districts to create education and economic growth plans with honors and financial incentives for high performance.
MENTIONED IN THIS ARTICLE
Portland
Maine
National Governors Association
Odessa American 1963 ad rates and delivery notice
The notice lists post office details and home delivery options for Odessa American. It specifies daily and Sunday rates, Sunday-only options, and mailing subscription costs. It also provides contact information and delivery problem phone numbers.
Also Mentioned on This Page
Tokyo
Korakuen Pool
James J. McDermott Jr
Keefe, Bruyette & Woods Inc
New York
Bond
Newton-John Fan
Jim Cole
Perry
Newton-John
Malibu
Calif
Olivia
Robert Stewart
Gulf of Mexico
West Texas
Josephine Caldwell
Parkland Memorial Hospital
National Weather Service
Midland Regional
Trace
Rio Grande Plains
Barrier Islands
NOAA
US Dept of Commerce
Wwe
Waco
Hi Lo
Ofik Atlanta
Billings
Chicago
Denver
Los Angeles
Miami
Mpis-St.Paul
Phoenix
Salt Lake
San Francisco
Seattle
St.Louis
Iran
Nicosia
Cyprus
Hussein Musavi
IRNA
Musavi
United States
Middle East
Jerusalem
U.S.A
Latin America
el Salvador
Odessa American
Fourth Street
P.O
Home Delivery
Tyramo
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