Barnes Denies Payoff Charges In Banking Scandal
DALLAS AP Convicted Houston promoter Frank Sharp named Lt Gov Ben Barnes in connection with two controversial banking bills tied to the Texas stock scandal Barnes denied the allegations vigorously saying they are attempts to destroy him politically Sharp testified that John Osorio told him Barnes was smarter than the others and took only cash Osorio now in New York reportedly saw a copy of the deposition Osorio scribbled a marginal note about Bates Osorio and others linked to a stock fraud scheme SEC probe notes include a loan to State Senator Babe Schwartz from Sharp banks and Sharp’s immunity in exchange for grand jury testimony The Dallas News says Osorio recalled the claim of Ben delivering as he promised before Gov Smith vetoed the bills.
MENTIONED IN THIS ARTICLE
Dallas
Houston
Frank Sharp
Ben Barnes
Barnes
Securities and Exchange Commission
Sharp
John Osorio
Afl-Cio
Osorio
Eddie Barker
Kdfw-Tv
Sharpstown State Bank
Federal Deposit Insurance Corp
Preston Smith
SEC
Dallas News
New York
Bates
Ren
A.R
Babe” Schwartz
Galveston
Schwartz
National Bankers Life Insurance Co
Texas
Belfast
Northern Ireland
Muftscher
Marston ‘Tickell
J. Quincy
Nbligan
Atock
NBL
Strong
Senl
Londonderry
Alloway Calhoun Newry
Religious Jr
Tyler
Bob Johnson
Austin
Texasjers
Legislative Council
Jene Palmer
Castlederg
National Bank Police
Tite Pers
Suit Filed Against House Speaker Over Bank Collapse
FDIC files a 332,008 dollar suit against Texas House Speaker Gus Mutscher linked to the Sharpstown Bank liquidation. The action alleges a 340,000 dollar loan secured by 17,000 shares of National Bankers Life Insurance Co stock plus penalties could push total to over 400,000 dollars. Mutscher was testifying before a federal grand jury on Sharpstown collapse when the suit was filed. Also noted, Doug Sanders faced a separate 170,000 dollar suit.
MENTIONED IN THIS ARTICLE
Houston
Hex
The
Federal Deposit, Insurance Corp
Texas
Gus Mutscher
Sharpstown State Bank
FDIC
Doug Sanders
Mutscher
National Bankers Life Insurance Co
Federal Grand Jury
Frank W. Sharp
Sharp Controlled
Sharp
Bank
Dallas
Cannrttiae and
Burhonan
Gus Mulscher
SEC
Sharpstown
NBL
Yatira
Probe Group To Call Dozen In Texas House Inquiry
A five member Texas House committee on a state official probe plans hearings with up to a dozen witnesses on Aug 18 including heads of state agencies. Subpoenas target 12 people as it weighs a public hearing decision. Names like Houston financier Frank Sharp circulate. SEC and FDIC actions involve Gus Mutscher and Sharpstown Bank.
MENTIONED IN THIS ARTICLE
Hart Departments
Ingen
Murray
Houston
Frank Sharp
U.S. Securities and Exchange Commission
Violence in Northern Ireland Eases After Four Days of Riots
Belfast calm returns as four days of rioting leave 25 dead and hundreds injured. British troops man checkpoints while markets reopen and residents flee to the Irish Republic and Britain. Key figures from politics and banking are cited as investigations and trials proceed amid renewed security efforts.
Berlin Wall anniversary sparks protests and violence across cities
In Berlin East and West heightened tensions mark the 10th anniversary with planned parades and anti wall demonstrations. Police alert and clashes reported as rightist and leftist factions rally while threats from Irish conflict spill into Northern Ireland. One civilian killed in Londonderry ambush. Newry explosions and Aughnacloy gunfire reported. Prime Minister Tunnhalled urges replonement. Belfast unrest follows mass arrests of Republican terrorists.
MENTIONED IN THIS ARTICLE
TRA
Northern Ireland
Irish Republic
Londonderry
Belfast
Newry
Aughnacloy
County Tyrone
Dublin
Jack
Berlin
East Berlin
Berlin Wall
West Berlin
Peter Fechter
Kurt Neubauer l
United States
Britain
France
Neubauer
NG ~Nowe
Mit
Lynch
Unter den Linden
Rocket fuel may have eaten chute collapse Apollo 15
SPACE CENTER Houston AP an acid like rocket propellant that eats nylon may have caused one of Apollo 15s para chutes to collapse as the capsule neared splashdown over the Pacific north of Hawaii. All chutes opened, but one collapsed after fuel was jettisoned. Worden and Scott noted no danger beyond a jolting splashdown.
MENTIONED IN THIS ARTICLE
Space Center
Houston
Apollo 15
Space Agency
Pacific Ocean
Hawaii
Earth
Rence
Apollo
Offir Vigial
North Vietnamese Shell South Vietnamese Bases Near DMZ
IndoChina report notes two more South Vietnamese bases shelled by North Vietnamese forces today. The front along the Demilitarized Zone sees intensified action in a second sequence. The page also reports on the ongoing dollar crisis and market reactions in Europe.
MENTIONED IN THIS ARTICLE
Indochina
Governor Wallace orders reopening of New Hope School
Governor Wallace orders limestone county to reopen New Hope Junior High and allow residents of the predominately Negro community to choose their county school, with transportation provided for those attending other schools. He says the action imposes an economic burden on the district but will speed integration amid court orders and federal involvement.
MENTIONED IN THIS ARTICLE
Limestone County School Board
New Hope
Bae
Wallace
Tanner and
East Limestone
Tanner
Southern Basin Sees Up To 10 Inches Of Rain
Severe weather drenched the southern basin with record rainfall causing floods across Irion County and surrounding areas. More than 10 inches fell near Merizon, bursting roads and prompting evacuations. One drowning reported in Medina County as creeks overflowed. Officials noted light fog in Odessa Midland and a 30 percent chance of afternoon showers through Saturday.
MENTIONED IN THIS ARTICLE
Per Mian
West Texas
Odessa-Midland
Irion County
Merizon
Sheriff's Office
Odessa
National Weather Service
Midland-Odessa
Stanton
Snyder
Big Spring
Alpine
Marla
Pecos
Rankin
Medina County
Clyde Jones
Bexar County
Southern
Also Mentioned on This Page
Ben
Muischer, Sanders
National Bankers Life
Sharpstown Bank
Awe Getulius
Nm Laveengy Commission
Ate
Alfred M. Worder
Odessa American
Jacoby ON
Dateline Oil News
Aata Society News
Woody
George C. Wallace
Alabama
Nixon
Gov. Wallace
Avaning
Abilene
Orthana
Marie
Ontohey City
San Anno
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!