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Odessa American in Odessa, Texas

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This newspaper page contains 8 articles. Subscribers can read the full text of each article.

Newspaper

Odessa American

Location

Odessa, Texas, United States of America

Date

Feb 17, 1984

Page

1

Panel Aims to Limit Time for Student Athletes

The Loss of School Time Committee of the UIL voted to restrict time spent in sports, proposing a five day cap for baseball tennis and golf athletes before district tournaments. Odessa High School officials warn limits could shrink schedules and harm spring programs while stressing students must remain in class. A similar five day rule applies to speech journalism drama and academic events as the policy undergoes further UIL approvals.

Austin Odessa University Interscholastic League John Townley Irving LSTC Permian Basin Jerry Millsapps Odessa High School West Texas

Plains College Hosts Eight-Team Meet in Levelland

Plains College held a multi team meet in Levelland with eight teams taking part. A full results story is continued on Page 10.

Jones prosecutors seek act two in Genene Jones case

Genene Jones, convicted of Chelsea McClellan’s Sept 17 1982 death, faces a 99 year sentence. Prosecutors plan further trials over additional charges including injuring a month old boy at Medical Center Hospital. Investigators probe a string of infant deaths tied to Jones 1978 to 1982 Kerrville and San Antonio work.

Associated Press Georgetown Genene Jones Bexar County Nick Rothe Jones Chelsea McClellan Kerrville Odessa Genene Ann Bradley San Antonio Medical Center Rolando Santos Chelsea Kathleen Holland

Anger forces resignation of Reagan envoy Stone

Richard B. Stone, Reagan administration Central American envoy, resigns citing personality differences with at least one other senior official. The move comes amid tensions with Langhorne Motley over information sharing, with no stated policy clash with President Reagan. Stone, 55, longtime Central America traveler and ex Democratic senator from Florida, had been Reagan’s sole special envoy to the region.

Washington Richard B. Stone Reagan Stone Langhorne Motley Inter- American Affairs Motley Nicaragua Florida Central America el Salvador U.S Thomas R. Pickering Deane R. Hinton Brazil Thomas O. Enders George P. Shultz Enders Hinton

Reagan orders pullback of Marines from Beirut

President Reagan directed U S Marines to begin weekend redeployment from Beirut to Navy ships off the Lebanese coast with a 30 day timetable. A 500 man contingent remains. Defense Secretary Weinberger prepared the withdrawal plan. Beirut radio said Lebanon's Amin Gemayel will renounce the 1983 Israeli withdrawal pact and back a Saudi eight point plan to stay in office.

Washington Reagan U.S Beirut White House Larry Speakes Robert C. McFarlane Defense Caspar Weinberger Beirut Radio Amin Gemayel Lebanon Israel

Banks mask losses via asset sales in 1983 Texas holds

Dallas banks used asset sales and accounting moves to hide weak earnings in 1983. Officials note many transactions did not violate regulations but critics say the extra income masked true operating performance. Analysts urge stripping such items to gauge underlying profitability.

Dallas Morning News Dallas Texas James J Lawrence W. Cohn Dean Witter Reynolds Inc

InterFirst procedures cited in Texas bank actions

InterFirst Corp the state s largest bank holding company with assets of 21 7 billion faced regulator scrutiny for procedures that included tax benefits from losses on problem loans. The SEC challenged the tax benefits prompting the company to drop them and restate its third quarter income statement.

InterFirst Corp InterFirst Securities and Exchange Commission

InterFirst trims goodwill amortization after First United deal

Republic Bank narrows losses from 194 million to 249 million while real estate sales reach about 7 million. InterFirst shortens amortization of 45 million goodwill from 40 to 25 years, boosting near term negative earnings. The First United takeover shifts to an acquisition and revalues assets, avoiding potential 69.2 million losses. after tax gains include 7.9 million from selling its Houston building stake and investment returns.

InterFirst First United Bancorporation Inc Fort Worth First United

Also Mentioned on This Page

State Board of Education Select Committee On Public Education J.C. McClesky UIL UIL Legislative Council Lee Laird Lawrence Coleman Angel Campian Odessa College South By Kenherman By Robert Dodge Republic Bank Republic Bank Corp Houston Bank BANKS
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