Benton State Bank to reopen as branch of El Dorado bank
The Benton State Bank in western Butler County was closed by the state banking commissioner for insolvency and will reopen today as a branch of First National Bank & Trust Co. of El Dorado. FDIC says the failure was not due to agriculture. First National will assume $8.4 million in deposits, pay a $238,750 purchase premium and $5.5 million for selected loans, with FDIC advancing about $2.6 million. Depositors are protected and automatically move to First National, pending court approval.
MENTIONED IN THIS ARTICLE
Topeka
Benton State Bank
Eugene T. Barrett
First National
FDIC
Benton Bank
Olcheski
Benton State
Racetrack plan seeks city support from Olathe council
Edwardsville investors led by David Schoenstadt seek approval from Olathe City Council to back a 160 acre, 25 million racetrack complex north of Johnson County. Edwardsville Mayor Harbour joined Schoenstadt and the Kansas City Comets owner at the meeting. The council will vote Tuesday on backing Edwardsville in landing the project.
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Olathe
HNS
Edwardsville
David Schoenstadt
Kansas City Comets
Don Harbour
Ray Barmby
Schoenstaat
Wyandotte County
Johnson County
Olathe Council
Hutchinson police begin using rubber gloves in gear
Hutchinson police now carry rubber gloves as part of regular equipment after Chief Jack Heidebrecht said they were added to first aid kits two or three months ago. He cites AIDS as a major concern and notes they follow police publications to stay on top of safety.
MENTIONED IN THIS ARTICLE
Hutchinson
HNS
Washington, D.C
White House
Jack
Heidebrecht
GOP Panel To Recruit New Director In Kansas
Topeka AP Fred Logan state Republican chairman named a seven member recruitment committee to seek nominees to replace Eric Rucker who resigned as executive director to join Shawnee County Commission. The panel includes Mary Alice Lair Calvin James Jim Cates Lyle Pishny Jack Ranson Sue Peterson Ed Rolfs and Ken Martinez. Applications close end of June with the goal to fill the post by end of July.
MENTIONED IN THIS ARTICLE
Mittee
Calvin James
Jewell
GOP
Jim Cates
Topeka
Lyle Pishny
Prairie Village
Jack Ranson
Wichita
Sue Peterson
Mike Hayden
Ed Rolfs
Junction City
Ken Martinez
Lawrence
Douglas County
Logan
Trailways Appeals ICC Ruling On Kansas Bus Routes
Trailways Lines Inc appeals the ICC decision denying four Kansas route abandonments. Spokesman Tom Kissell says new financial data and potential new operators will be presented as the company seeks to prove the routes lose money. The ICC blocked three routes and approved one across southeast Kansas. no decision deadline is set.
MENTIONED IN THIS ARTICLE
Washington
Trailways Lines Inc
Interstate Commerce Commission
Kansas
Tom Kissell
Federal Regulatory Agency
Trailways
Dennis Watson
ICC
Kansas Corporation Commission
Kissell
Castle Boasts 2 Million Asking Price in Wichita
The Scottish style Crumm Castle in Wichita lists for 2 million as a 28 room historic home with a winding staircase stained glass and grand fixtures. Broker Ron Ryan notes it suits a nontraditional buyer. Built in 1888 by B H Campbell for 90000, later owned by the Crumm family.
MENTIONED IN THIS ARTICLE
Wichita, Kan
Ron Ryan
Crumm Castle
B.H. Campbell
Collider's Cost Draws Critics
The 4.4 billion dollar superconducting supercollider proposal faces growing opposition over its price and potential crowding out of practical research. Critics warn it may drain funding from less grand but crucial studies while supporters emphasize scientific breakthroughs and job creation.
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Los Angeles
Reagan
Robert L. Hirsch
Federal Energy
Arco Oil and Gas Co
Plano
Texas
Cornell University
Neil Ashcroft
William Brinkman
At&t Bell Laboratories
Murray Hill
N.J
Don Ritter
R-Pa
Cornell
Ashcroft
Collider
U.S
New Air Traffic Controllers Union Signals Discontent
Thousands of air traffic controllers voted 7494 to 3275 to accept the National Air Traffic Controllers Association as their bargaining agent. Organizers celebrated after the Federal Labor Relations Authority counted ballots, with 84 percent of eligible controllers voting.
MENTIONED IN THIS ARTICLE
Washington
Federal Labor Relations Authority
FAA
The
Labor Relations Authority
Thatcher Wins Third Term as Britain’s Prime Minister
Margaret Thatcher secured a third consecutive term with a strong Conservative majority, defeating Labour and the Liberal Alliance. Results showed 348 Conservative, 225 Labour, 16 Liberal Democrat Alliance seats with 595 of 650 declared. Thatcher hailed the mandate to press her post socialist and nuclear policies.
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London
Margaret Thatcher
Britain
Daily Express
Europe
House of Commons
Thatcher
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LOWRY
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Irene Lowry
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Fermi National Accelerator Laboratory
Batavia
Ill
National Science Foundation
Lederman
Congress
Ritter
Brinkman
Hirsch
Alvin Travelpiece
American Association For the Advancement of Science
John Bardeen
University of Illinois At
Champaign-Urbana
Martin Perl
Stanford Linear Accelerator Center
John Thornton
Thornton
Tories
Neil Kinnock
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Far East
Kore
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Radio Shack
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