European Stars And Stripes (Newspaper) - August 1, 1988, Darmstadt, Hesse Page 6 the stars and stripes largest Bank in Texas opened by new owners stateside Dallas a Texas largest Bank opened sat urday under new ownership a North Carolina corporation whose chairman saluted Dallas billionaire Perot for helping Seal the Deal to take Over the crippled Bank. A cab corp. Of Charlotte n.c., acquired first re Public Bank on Friday in what May evolve into a $4billion Federal Rescue the largest in banking history. The new Bank opened saturday As a cab Texas National Bank. We believe or. Perot s willingness to step forwards an investor was very important a cab chairman Hugh l. Mccoll or. Said saturday. Perot emerged As a key player in the Deal when he told the Federal Deposit insurance corp. That i needed he would Back a cab s venture tabbed at Between $210 million and $240 million. I agreed to underwrite it which was an insignificant Public service to the people of Texas because cab without even breaking a Bead of perspiration can raise Well Over $200 million said Perot who attended a news conference saturday with a cab offi cers. The Odic approved the takeover by a cab of the Dallas based first Republic Bank which has been struggling since a downturn in the state s Economy. Thad posted a loss of nearly $2.3 billion in the first six pen pals reunited Paula Ebner left and Miluse Hau Serova Chat at Ebner s Home in it. Washington Ohio. Hause Rova who is from Czechoslovakia and Ebne have been pen pals for 19 years and the two got together last week for the first time since 1974. Months of 1988. Tinothy p. Hartman a cab s chief financial offi cer said the Bank probably would finance the Deal through the Sale of securities. Under the agreement a cab takes control of 20 percent of the equity of the new Bank and 100 percent of the voting common Stock. The Bank will be split into two divisions to separate operating Bank assets valued at an estimated $20 Bil lion and a special asset p9ol of troubled assets of about $5 billion Hartman said. The Odic will absorb costs in resolving the bad assets he said. A cab officers expressed Confidence in the Texas Economy despite depressions in Oil real estate and financial services sectors. Mccoll said the move will give a cab investors presence in a major Market with a manageable risk saying that the Economy has bottomed out in Texas and most signposts in the Economy Point toward a steady recovery. This is a new Bank and it s up and running Sai Dfrancis b. Buddy Kemp a cab president and chairman of a cab Texas National. Kemp said he foresaw no layoffs or management upheavals in the takeover. The Bank has 12,200 employees and 134 banking locations in the state. Conn official to run against sen. Weicker Hartford Conn. A Connecticut democrats nominated state attorney general Joseph i. Lie Berman for the . Senate saturday to Challenge three term Republican Lowell p. Weicker or. Lieberman did not attend the democratic state convention because it fell on the jewish Sabbath and he is an orthodox jew. In an acceptance speech video taped last week and shown to the 1,305 delegates he said this is not an easy Day for me to Lieberman said he was an Unwor ried underdog. As attorney general i be fought the big Guys against the Odds time and time again and we be won there he said. So Long As i believe in myself and i know that you Are with me together we can make a although Well behind Weicker in polls Lieberman has raised $1.3 million to Weicker s $1.8 million according to the most recent Campaign finance filings. Lieberman the attorney general for six years was nominated by acclamation touching off an eight min Ute demonstration led by gospel singers and gov. Wil Liam a. O Neill doing a Lively two step on the stage to the Delight of onlookers. O Neill and Lieberman have had occasional Politi Cal skirmishes Over the years. For Many years Lieber Man said he would one Day like to be governor. But Lieberman has More recently said he would not run against o Neill. The governor has strongly indicated he will run for a third full term in 1990. Referring to Lieberman s people s lawyer reputation o Neill said you can see the results of his work everywhere you look in lower Utility rates in lower grocery prices in clean Rivers and in pure drink ing Lieberman a former state senator from new Haven criticized Weicker for his Maverick ways quoting a voter who told him that Weicker has made a lot of noise but he has t made a lot of some link attacks on horses to cult rituals in California Huntington Beach Calif. A a series of slashing and beatings of horses carried out during full Moons in this Seaside Community has left one horse dead and seven others wounded police nighttime attacks Date Back to october and some owners have speculated that they May be linked to cult rites. No arrests have been made. The latest attack occurred wednesday when Chestnut Quarter horse Worth $3,000 was stabbed in the stomach while in its stall at Green stables said Cathy Clarke the stable s manager. The horse which was wounded so badly it had Tobe destroyed was found by its owner who arrived at the stable Early thursday to feed the animal Clarke eight attacks have occurred at a pair of Sta Bles in Huntington Beach about 35 Miles South West of los animals have been slashed and beaten and one Pony s Tail was Cut off and tied to a stall s railing Clarke said. British sex scandal figure faces Philadelphia charge Philadelphia a a woman at the enter of a British sex scandal years ago has been accused by Philadelphia police of running a escort service and will be deported tuesday . Immigration officers said. Mary Oris 41, was arrested Friday at a apartment in Philadelphia after police found whips chains lingerie and customer records police officer Robert Steward said. The vice squad investigator said the dirty two bedroom apartment where Oris lived apparently doubled As her residence and As a Brothel. Oris garnered headlines 12 years ago when she wrote a Book describing what she said were her affairs with two top British government ministers and claiming some members of the Royal family were among her clientele. Singer s Gas meter company being sold to w. German firm Stamford Conn. A the Singer co. Announced it has agreed to sell its american meter division to Ruhr Gas a of Essen West Germany for $ 132 million. American meter is a leading supplier of residential Gas meters to . Gas utilities and also produces and markets Gas metering and regulating equipment for Industrial and commercial applications. It is headquartered in Philadelphia. Ruhr Gas is the world s largest importer of natural Gas and the largest Gas company in West Germany. The Sale is part of Singer s previously announced divestment program. Under that pro Gram the company has now reached seven sales agreements with a total value of $1.7 billion. Massachusetts new Law sets guidelines for schlock Art Boston a under a new schlock Art Law All works offered for Sale in Massachusetts must Bear a warning Label if a piece is not original. Dealers Selling reproductions without Label scan be fined $ 100 for each piece sold according to the legislation signed last week by gov Michael s. Dukakis. The Bill was sponsored by the Rockport Fin arts Council which was concerned that the artists Community on the Shore North of Bosto was becoming known As schlock port because it is a Haven for mass produced Art. The Law which takes effect oct. 24, requires Alabel stating not an activist faces arrest for trying to take gun on plane Atlanta a an arrest War rant has been issued for Veteran civil rights activist and City councilman Hosea Williams who is accused of try ing to Board an air plane with a hand was indicted thursday on a single count of Possession of a firearm by a convicted Felon. The incident allegedly occurred in March at Hartsfield Atlanta International Airport. We have been in Contact with or. Williams and he has indicated he will turn himself in said Stanley Tuggle chief of administrative operations for the Clayton county sheriffs department. Calls to Williams went unanswered sat urday. Police said they found a .38-caliber handgun and five bullets inside Wil Liams briefcase when he was stopped March 6 at an Airport Security Check Point. Williams 62, told police he had put the gun in his briefcase while cleaning out his car and he was allowed to Board the plane after the gun and ammunition were confiscated. At first he was charged Only with misdemeanours but the charges were up graded to a felony count after a review of Williams record Tuggle said. In addition to arrests during the civil rights Era Williams has a Long history of traffic offences. Police records show More than 25 convictions guilty pleas and Bond forfeit ures Over the past two decades including 180 Days served in jail for leaving the scene of an Accident in 1980
