Sharpstown Bank Closure and SEC Probe Rock Texas Finance
The Sharpstown era bank closure ties to a broad SEC probe into stock and insurance dealings. Houston bankers, state officials, and lawmakers face questions as Nationwide inquiries involve National Insurance Co and others in a market turmoil. Texas Banking Commission reports depositor pullbacks and a $5 million state fund remains protected by collateral trusts.
MENTIONED IN THIS ARTICLE
Poig
SEC
Democratic Party
Elmer Bam
National Bankers Life
Texas Banking
Price Plans to Run for Speaker in Texas House
AP reports Rep. Price of Palestine announced Monday he will run for speaker of the 1973 Texas House regardless of whether Speaker Gus Mutscher seeks another term. Price has held pledges of support since 1969, citing the danger of a third term concentrating power. He faces murky pledges and potential delays if Mutscher remains in the race, while other legislators like Rep. Jack Opp urge focus on state crisis over personal ambitions.
MENTIONED IN THIS ARTICLE
Austin (Ap
Rayford
Price of Palestine
Gus Mutscher
Price
Mutscher
Texas
Inuse
May
Pet
Luse
Tras
Yady
Gus Squsht
Ehairman
Mutschwerken
Sever
Musscher
Figier
Sharpstown State Bank
National Bankers Life Insurance Co
U.S. Securities and Exchange Commission
NBL
Molscher
Jack Opp
Houston
Discrimination Claims at Texas Budget Hearing Spark ABC Debate
Austin reports the Texas Alcoholic Beverage Commission faced discrimination allegations as budget talks dominated a House Appropriations Committee session. Rep. Oscar Carrie pressured for evidence of unfair hiring and practice policies amid the 1972-19 budget request, with lawmakers signaling potential policy changes.
MENTIONED IN THIS ARTICLE
Oscar Carrie
ABC
Alcoholic Control audit questions use of Mexican Americans
An ABC auditing director testifies that 25 percent of ARG personnel were American while only 9 percent of enforcement staff were Mexican American. Concerns arise over hiring after funding, suspected political infighting, and pay gaps. Representative Longoria notes most Mexican American employees are tax collectors earning about $2,000 monthly less than enforcement staff and seeks explanations.
MENTIONED IN THIS ARTICLE
Serand
Ati
Aueng
ABC
Meet For
Omers Deram
Tan Si Pasa Moesic
Ani
Inewiher
Rani Longoria
Pharr
Net
Disruptions Bill Proposed in Texas Legislature
Texas Senator William NS Poonan proposes a bill to stiffen penalties for school disruptions. The measure would amend the Education Code to raise the maximum fine to 200 dollars, up from the current 25 dollars for loitering related incidents.
MENTIONED IN THIS ARTICLE
Austin
Uls
William NS. Poonan
B-Ganade
Patman
Modified Welfare Payment Plan Clears First Hurdle
An emergency constitutional amendment designed to avert reductions or halts in welfare payments this summer cleared its first hurdle in the Senate. The measure aims to prevent welfare funding disruptions as conditions change.
MENTIONED IN THIS ARTICLE
Senate
Oks
Austin
Eggers knew of Gov Smiths stock profits in probe
GOP candidate Paul Eggers told the Dallas Morning News he could have become governor if Nixon administration officials had shared details of Gov Preston Smiths stock‑manipulation probe. Eggers said he heard rumors Smith borrowed money without security and noted he lacked subpoena power to pursue evidence. The piece covers political fallout and welfare policy shifts tied to Texas Senate actions.
MENTIONED IN THIS ARTICLE
Dallas
Paul Eggers
Preston Smith
Dallas Morning News
Eggers
Wichita Falls
Nixon
Demacrius
Smith
Eg- Sets
Blanchard
Senate
Bhanchard
House
Texas
Also Mentioned on This Page
Sharpstown
Hye Insurance
Officie’s
Sharpson Siave Bank
Texas Insurance Board
Nationalsurance Co
Securities Fire Chance Commission
Olympic Life Tasuka: . Worth
Conservera
Fual
Ie Sn Sual
Argus
Allouston
Rex Curtis Graves
Texas House
SEC Prokers
Michael Maktis
Jesse James
Michaei
Marris
AL Right
Alichael Ramsey
Makris
Gerhardt
Wird
Mrcwbesty
Tom East
Racio
Sao
Gop
William T. Moore
J Bryan
Wayne Connally
Floresville
H. J. Blanchard
America
la Rat
Bill Fagan
Bill
Monie Moxie
Cundirust
Wide-Auake Bank
Ellalecane
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