Texas banks fall as 3 failures widen year tally
Three Texas one branch banks closed in a single day bringing the year’s bank failures in the state to 48. Heritage National Bank of Austin with 50.2 million in assets, BancFirst Austin with 25.7 million, and The First National Bank of Rhome with 9.4 million were shuttered and reopened as branches of Community National Bank of Austin Texas Capital Bank Fort Bend Richmond and Continental State Bank of Boyd respectively.
MENTIONED IN THIS ARTICLE
Texas
Heritage National Bank
Austin
BancFirst
N.A
First National Bank of Rhome
Rhome
Community National Bank of
Texas Capital Bank
Fort Bend
Richmond
Continental State Bank
Boyd
Robert J. Herrmann
U.S. Comptroller of the Currency
Federal Deposit Insurance Corp
Comptroller
Community National Bank
FDIC
Midlander surfaces in contract bid for synfuel plant
Earl C. Lewis and his Beta Pipeline & Equipment Inc surfaced as bidders alongside 14 others for the nation's largest synthetic fuels plant, offering $1.3 billion to take control of the Great Plains coal gasification project near Beulah, North Carolina. Local Midland officials report little prior knowledge of Lewis or his firm, though state records show Beta Pipeline incorporated under owner William Vick with Lewis as president and director.
MENTIONED IN THIS ARTICLE
Midland
Texas
Great Plains
Beulah
N.C
Earl Lewis
Harry Spannaus
Permian Basin Petroleum Association
Spannaus
Lewis
Beta
William Vick
Midland Insurance
Vick
Shell
Synfuels
Austin
Secretary of State
DOE
Ex-boss gets no mercy note tied to PSP flight
A fired airline worker left a vengeful unsigned message on an airsickness bag for ex supervisor Raymond Thomson claiming no mercy would be shown. Investigators tied a .44 caliber pistol to David Burke and suggested an explosion and gunfire destroyed the Pacific Southwest Airlines flight.
Congress hosts Reagan after summit with Gorbachev
President Reagan won applause from Democrats and Republicans in a White House gathering described as a love feast after three days of talks with Soviet leader Mikhail Gorbachev. Both leaders look to a fourth Moscow summit to pursue a broader arms accord beyond the treaty banning medium range missiles.
MENTIONED IN THIS ARTICLE
Washington
Reagan
Congress
White House
Mikhail S. Gorbachev
Gorbachev
Moscow
Senate
Robert Dole
Bkan
House
Jim Wright
Texas
Faces of Gorbachev praise Reagan amid summit tones
Wright lauds Reagan and a new spirit of reconciliation between White House and Congress while Dole cautions that Gorbachev fever will pass and distrust remains. No major progress noted beyond summit chatter.
MENTIONED IN THIS ARTICLE
White House
Congress
Dole
Cisneros Meets Gorbachev At Embassy Breakfast
Mayors and local leaders including San Antonio's Henry Cisneros talked with Mikhail Gorbachev at a Washington breakfast. Cisneros praised U S ethnic diversity and decentralized government and welcomed a Soviet sister city idea proposed by Yuri Dubinin as a peace exchange.
MENTIONED IN THIS ARTICLE
San Antonio
Henry Cisneros
Mikhail Gorbachev
Soviet Union
Cisneros
National League of Cities
Gorbachev
Washington
United States
Yuri Dubinin
Also Mentioned on This Page
Abby
Merry Mojo
Kenneth Williams
Permian High School
PHS
Midlander
Burke
Gorbache
Wright
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