Chickasha Daily Express (Chickasha, Okla.), Vol. 99, No. 203, Ed. 1 Friday, November 2, 1990 Page: 1 of 16
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CHICKASHA, OKLAHOMA, FRIDAY, NOVEMBER 2, 1990
Newcastle
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Bank Sale
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Approved
Fame Inductees
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Will Rogers Movies to be Released
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Gths said.
to the museum.
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Band Parents Meet
Meeting To Study
Fireman
Rural Phone Service Has Trial
Scheduled
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Around
The Area
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Six Honored As
Rodeo Hall of
Tonight: 20 percent chance of thunderstorms with a low of 65. South
wind 15 to 20 mph and gusty. Saturday: 60 percent chance of thunder-
storms with a high of 76. South wind 10 to 20 mph becoming north late.
The notice also invites the pub-
lic to comment on how the state
would benefit from alternative rural
calling plans, whether each county
should have the option of determ in-
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Grady County’s Only Daily Newspaper...
...Serving Readers' Interests Since 1892
The Chickasha Band Parents Association will meet at 7 p.m. Mon-
day, Nov. 5 at the Chickasha High School band room.
By LES WYATT
Express Staff Reporter
A Chickasha firefighter and
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OOLOGAH (AP) - Four of Will
Rogers' classic comedies from the
1930s will be released on video
early next year, officials said today.
James Griffiths, senior vice pres-
ident for 20th Century Fox, an-
nounced the plans in Oologah as
townspeople celebrated Will Rogers
Days. Rogers, the famed humorist,
was born in Oologah.
Griffiths said Rogers was one of
the top movie stars of his time. He
said Rogers' 20 talking movies are
“without doubt timeless classics.”
The movies are among 2,(XX) old
classics stored away in a California
movie library.
DHS Now
Has Direct
Deposit
OKLAHOMA CITY - The Ok-
lahoma Department of Human Ser-
vices is now offering the option of
direct deposit checks for recipients
of Aid to Families with Dependent
Children and State Supplemental
Payments for the aged, blind and
disabled.
Woody Hogue, division adminis-
trator for Family Support Services,
said direct deposit will be a wel-
come convenience for many Okla-
homans who receive assistance
checks from DHS.
Under the option, assistance
checks would be automatically de-
posited in a recipient’s checking or
savings account in a bank, savings
and loan or credit union.
“The advantages of direct deposit
include no worries about lost or
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OKLAHOMA CITY (AP) -
Bank of Tuttle has entered an
agreement to buy the Newcastle
branch of Central Bank of Okla-
homa City, bank officials said.
Bank of Tuttle will assume
about $10 million in deposit liabil-
ities, purchase all the fixed assets
and most of the branch equipment
under the agreement.
He said the assets would be sold
at book value or above, but declined
to disclose a premium.
The transaction still must be ap-
proved by shareholders of both
banks, as well as the bank regula-
tory agencies.
The closing date will be set
when the approvals are obtained.
Central's goal is to close the trans-
action in January, Lawson said.
Both banks are solvent, privately
owned institutions.
Central Bank has total assets of
$251 million.
Bank of Tuttle has $33 million
in total assets.
_ D— —
Real Estate Still Risky, State Bankers Say
Photo By Les Wuyatt
CAUTION, A NEW STOP LIGHT has been installed at the intersection of U.S. High-
ways 81 and 19, south of Chickasha. The light has been overlooked by many motorists
who travel the road frequently and are not used to its presence. Ninnekah Police Officer
Ray Anderson said the only actual accident occuring at the intersection since the lights
were installed was non-injury accident yesterday morning but there have been many near
misses.
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Saturday Night Singing
The Sharon Evangel Pentecostal Church, 4 miles north of Amber,
will hold their first Saturday night singing Saturday, Nov. 3, 7 p.m.
We Saw
Harley Earl Lewis and Napoleon Diggs Jr., trick or
treating for a good cause...Sue Croney, celebrating her birthday
Wednesday...Minnie Phillips, yet another year older after her
Thursday birthday...Dr. Irene Clements, Dr. Betty Jean
Brannon and Dr. Nevaleen Selmat, contributing recipes for the
cooking guide being published November 14 by The Chickasha Daily
Express.
Dr. John Minnett, bi al work...Alice Terry, delivering
some news...Jean Moore, gating ready for the workshop being
sponsored November 10 by the Grady County Genealogical
Society...Tiny Davis, getting ready for Monday evening's meeting of
the Grady County Historical Society...Bobi Elliott, making
preparations for the November 15 guest night of Chickasha Christian
Women’s Club.
District Weather
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OKLAHOMA CITY - The Ok-
lahoma Corporation Commission
has scheduled a technical conference
to examine toll-free telephone call-
ing opportunities in rural areas.
The informal meeting, to con-
sider various proposals and options,
will be at 10 a.m. on Friday, Nov.
30, in Room 301, Jim Thorpe Of-
fice Building, 2101 N. Lincoln
Blvd. in Oklahoma City.
Commissioner Bob Hopkins has
proposed that each of Oklahoma's
77 counties be converted to local
telephone service that would allow
county-wide toll-free calling.
The commission staff also will
consider county seat toll-free calling
and any other options suggested by
the public.
I
OKLAHOMA CITY (AP) - Six won most major professional rodeo
ropers and riders whose work cn- titles in the country, including the
livened cowboy matinees or won World Championship Rodeo.
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TULSA (AP)- The Resolution Trust Corp, is trying to eligible for the RTC’s Oklahoma affordable housing
hawk its real estate in a market plagued by wary lenders program, including 332 single-family homes.
unwilling to risk financing the deals, banking and real Roger Beverage, OBA executive vice president, said
estate officials say. bankers want to see savings-and-loan assets sold, but he
Bankers, state officials and real estate investors testi- said banks do not want to take on all of the risk in a loan
fied this week before a regional advisory board of the for RTC property.
RTC, a federal body charged with managing and selling
assets of the nation s failed thrifts. “The congressional and regulatory environment is one
Two leaders of the Oklahoma Bankers Association in which bankers and the RTC program have to play,”
told the board that state banks are unwilling to lend money Beverage said. “As a result, the RTC will only see marginal
on RTC properties because of a hostile regulatory envi- success.”
ronment that frowns on concentrations of real estate loans. Robert Heard, director of the Capital Resources Division
In Oklahoma, 388 properties worth $13 million are of the state Department of Commerce, said bank profits
A NBWSPAPER
7. 7 V
,,19909
"14 OP o-
ing the best plan to meet its needs, -----------
whether an alternative calling plan paramedic has been bound over for stolen checks or about delays in the
should be optional or mandatory for trial on a felony charge of lewd mail, no need for a special trip to
telephone customers, and whether molestation, . the bank, and no need to stay at
the commission should consider David Wright, 32, is charged home waiting for a check to arrive,”
county telephone service changes with the lewd molestation of a fe- said Hogue.
together or individually male under 16-years-old and has Recipients using the direct de-
_ , . remained on duty posit option would receive a notifi-
Persons needing additional in- The alleged incident occurred cation each month showing the
formation from the Corporation between January 1 and April 13, amount of the deposit and when it
Commission concerning the techni- 1990. was made he said
cal conference and procedures for Wright was arrested August 20 A recipient may sign up for the
submitting written comments and released later that day on his direct deposit option by asking a
should contact Bill Hollins, own recognizance. social worker and, after trying direct
telecommunications coordinator, at District Judge James Winchester deposit for a while, may switch
(405) 521-4467. scheduled the trial for February, back to receiving a check?
Griffiths said the release, a joint "I don't think Fox will get rich,
project of 20th Century Fox and but I think they've enriched human-
CBSFox Video, was prompted by ity,” Carter said.
Jimmy Rogers, the humorist's son. The four movies to be released
“He is never remembered as an are “Ambassador Bill,” “A Con-
actor,” Rogers said. “I asked dad necticut Yankee,” “Mr. Skitch” and
about his career once and he said he “Doubting Thomas.”
thought of himself as an actor. This
is why we arc happy to have these Griffiths said while a marketing
come out.” plan is being developed, it is likely
, „ ... , more movies will be released over
Joe Carter, executive director of the
the Will Rogers Memorial in
Claremore, said the museum would The four movies were picked as
not realize any profits from the re- a representation of Rogers' works,
lease of the movies. But he said he “We can debate later which ones we
expected the release to draw tourists think can be included next,” Grif-
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VOL. 99-NO. 203 25 cents Weekdays—50 cents Sunday
are improving, but capital is in short supply. Because of a The RTC regional advisory board, which keeps track
period in the 1980s when banks lost money on real estate of RTC activity in Oklahoma and Texas, was formed to
deals, he said bankers are still cautious. suggest procedures the agency could use to complete its
They worry about the impact RTC has on the market chores of selling more than $32 billion in real estate.
and are avoiding longer-term loans required to finance the The RTC announced last week it would be allowed to
sale of RTC assets,” Heard said. expand its program to lend money to buyers of its real
Sheldon Detrick, a Tulsa real estate developer, said estate, but details have not been worked out.
few cash buyers are attracted to the RTC deals. He said The board will consider forming a separate group to
lenders, particularly in Oklahoma, are not willing to lend guarantee real estate loans, said Thomas C. Bennett, a
money to buyers of com mercial property held by the RTC. member of the board and a banker in the Tulsa office of the
Essentially, the RTC is attempting to offer the real Stillwater National Bank.
estate loamarketwhichisvirtuallynon-existeni,” Detrick The board meets four times a year and accepts com-
said. ments from banking and real estate officials.
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Associated Press 1 SECTION—16 PAGES
rodeo championships arc the newest McLaughlin began performing
inductees into the Rodeo Hall of as a trick roper as a child with his
Fame, the National Cowboy Hall brother. Gene.
of Fame says. The Fort Collins, Colo., native
Stuntwoman Polly Burson of has captured the World Champion
Oxnard, Calif., will be honored at Calf Roper title five times and the
the Nov. 25 ceremony, along with steer roping title three times
Bill Hancock, Buster Ivory, Don Webster of Lenepah is recog-
McLaughlin, Shoal Webster, the nized as one of the best steer ropers
late Buckshot Sorrells and the late ever to have competed in rodeo,
Abe Lefton, officials said. museum officials said.
Burson has been performing. He was named world champion
primarily in trick riding, since she steer roper four times and was an
was 8. all-around champion in 1945, 1950
Hancock, who is from Weather- and 1951.
ford, Texas, began competing in lo-
cal rodeos when he was 18. During Sorrells and Lefton, who will be
his career as a rider, he conquered inducted posthumously, were well Photo By Let Wyatt
"unrideable" horses of the time, known in the 1930s and 1940s. DON BENNETT AND GRANDSON CORY, were amoung the first to arrive at the
such as War Paint and Kickapoo. Chickasha Antique Auto Club’s 1990 Tall Swap Meet, today-Sunday. Don and Cory are
Sorrells excelled as a calf roper, standing in front of Don’s 1931 Hudson Essex. Don't let the exterior fool you, underneath
Hancock serves in the Rodeo bulldogger and team roper. the bonnet is a 300 horse, 350 cubic inch “Vette” powerhouse. Don recently drove the
Historical Society, which elects the Lefton covered rodeos for radio vehicle to Galveston, Texas with no mechanical problems. He will be showing several of
Rodeo Hall of Fame inductees. and was known as “the voice of his cars including an immaculate 1979 Pontiac Trans Am, a 1956 Chevrolet station
Ivory, of Pampa, Texas, has rodeo.” wagon, a 1980 Corvette and a 1969 Plymouth Roadrunner during the swap meet.
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Plummer, George. Chickasha Daily Express (Chickasha, Okla.), Vol. 99, No. 203, Ed. 1 Friday, November 2, 1990, newspaper, November 2, 1990; Chickasha, Oklahoma. (https://gateway.okhistory.org/ark:/67531/metadc1875064/m1/1/: accessed August 15, 2024), The Gateway to Oklahoma History, https://gateway.okhistory.org; crediting Oklahoma Historical Society.