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Tyler Morning Telegraph from Tyler, Texas • 1

Location:
Tyler, Texas
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1
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Kennedy Be dines 1904 Bid Page 20, Section 1 it. Thursday orntng fewspaper VOL. 53, NO. 20 (UPI) United Press International Tyler, Texas, December 2, 1982 (AP) Tho Associated Press 4 Sections ISBsLrniilk S.to(lDnBi3?9s TFirsanll (CDns Cipodsscbs Sttsattce i. 25 Cents Nov.

19, stating that "serious loan losses coupled with suspected fraudulent activity" depleted the bank's funds. Roy Dale, attorney for a Brownsville television station, said the bank examination was touched off by a suit filed by a Brownsville television station. The suit charged officers in the bank, officials of a "factoring company," and two members of a Brownsville law firm with defrauding the station of tens of thousands of dollars in an alleged advertising revenue kickback scheme, Dale said. Included as defendants in the suit are Shaid, as an individual and president of Central Texas Factors. Also named in the suit are Jean Moon, president of the bank when it failed, Peter Dean, an attorney and former chairman of the board of the station, KVOE, and Lawrence M.

Ludka, an Ms. L. Carruth Maree as taking a survey for the group in March, 1980. Maree was listed as the group's public affairs director, the application shows. Also listed on the Sunrise application as a vice president was Roger W.

Pipkin III, of Houston, former president of the Ranchlander Bank before Jean Moon became president. Moon was president when the bank closed. Pipkin is now president of the First State Bank of Wells in southern Cherokee County. Pipkin said Wednesday that neither Mrs. Maree, Shaid, nor Mrs.

Moon had any connection to the Wells bank. He said he knew Shaid but the bank had no dealings with him. BANK Page 6, Sec. 1 By WAYNE ROPER Staff Writer -The complex web of intrigue surrounding convicted bank swindler Orrin Shaid Jr. and his female companion Lynn Carruth Maree grew more tangled Wednesday with strands leading to some officials of a newly-formed Tyler television firm and other businesses across the state.

Two members of Sunrise Broadcasting approved for a television broadcast license in Tyler last week by the Oderal Communications Commission, have had ties with Ranchlander Bank of Melvin, according to information in permit application records obtained by the Tyler Morn ing Telegraph. Bank examiners padlocked the Ranchlander Bank on attorney in Dean's law firm. Shaid was recently arraigned in a Tyler federal court on charges he altered two SI, 000 certificates of deposit from the bank to appear to be $100,000 certificates to fraudulently obtain a bank loan. The FBI testified Monday that Shaid shared a $400,000 residence on Lake Palestine with Maree, the owner of record of the Ranchlander Bank in Melvin, a community of 250 located 50 miles southwest of San Angelo. The Morning Telegraph learned Maree, a former Dallas secretary the FBI said earned $600 a month before owning the Ranchlander Bank, conducted marketing research for the Sunrise group's application to the FCC.

The official application of the Sunrise group showed a I1J.S. TT Adlvaimce DBiraznll 1.2 IMMnrom IFoir 9Q IDays mew Mex TV Station Due In '83 The announcement came as a surprise be cause White House officials had said there By MARVIN ELLIS Staff Writer Tyler and East Texas will would be no major new aid to Brazil. But, Regan said, "This is not aid. This is a loan, a short term financing arrangement, a banking arrangement, if you will, in which BRASILIA, Brazil (AP) President Reagan conferred with Brazil's chief executive Wednesday about the country's troubled economy, and agreed to make an emergency loan to help pay urgent foreign bills until longer term financing is arranged. The U.S.

loan is intended to permit Brazil to continue buying foreign goods until it negotiates a $5-billion have a new television station in less than a year following a merger of two groups seeking the application. interest is charged and there is collateral. Shultz, who served as treasury secretary in the Nixon administration, described the i f- ounnse kwuuucnoLiug, 1111., a ry I with eight of the 13 stockholders, was granted the license loan as a "normal swap" arrangement in international finance but said it will be a gov-ernment-tegovernment arrangement instead ofominer from Drivate banks. i Nov. 24 to operate the UHF station on Channel 14 about 11 miles east of Tyler off F.M.

850. The second group seeking to $6-bilhon loan from the International Monetary Fund in exchange for belt-tightening measures to stabilize its economy. "Let's say that it was a nice thing for us to do," said Treasury Secretary Donald T. Regan. "It was helpful to Brazil and it furthers the relationships be- liiraon HnfVi fniint.rioQ L' the station, East Texas Broadcasting Co.

of Dallas, will have five stockholders with Lewis R. McNaughton, (A McKinney, still listed as the majority stockholder, according to ETB president Terry Muncey of Dallas. He did not have the stockholders list available in his office when called. The Federal Communication Commission in Washington, D.C. confirmed Wednesday the settlement agreement had been made between the The secretary of state also said the United States and Brazil will form special working groups on such issues as expanding trade, -safeguarding nuclear technology and expansion of military and industrial ties.

Brazilian Missionary Says Reagan Popular. Pg. 6, Sec. 1 Relations between Washington and Brazil were strained in the 1970s over Brazil's objections to inspections of its nuclear energy technology that did not come specifically from the United States. Shultz said the two nations will seek to reconcile conflicts in their laws on nuclear technology and fuel.

In another sign of the improving relations between the two governments, Shultz said talks may lead to a resumption of the exchanges on military matters. A joint U.S.- Brazilian military commission expired in the 1970s. Shultz said the talks with Brazilian officials did not touch on Cuba's role in the hemisphere nor on the war between Argentina and Britain last spring over the Falkland Islands. Brazil, like the United States, supports negotiations on the future of the islands. "We are not here to seek support on any specific thing," Shultz said.

"The president is here to continue support for Brazil." vwu vuuiy tunes iiuv, 3. Muncey said Wednesday night that it had been a long process involving two years. "We are real strong on the Tyler market. We believe it can support a second station," Muncey, who is in the television equipment and broadcast business, said. Ronald Reagan "Obviously this is a sign to banks, private lenders, that the United States and Brazil are standing together in this time that Brazil needs help," Regan said.

"Everyone knows that Brazil is having problems." In an exchange of toasts after dinner, Reagan and Figueiredo differed on policies toward troubled Central America. Reagan denounced "counterfeit revolutionaries" iri the region, while Figueiredo decried external interference and said the guerrillas in El Salvador should be brought into the negotiating process. In a verbal slipup, Reagan toasted the people of Bolivia instead of Brazil and then compounded the error by saying, "That's where I'm going." Bolivia is not on the agenda for his Latin American trip. Treasury Secretary Donald Regan described the loan as a "temporary and said it will be a sign to banks and other lenders that "the United States and Brazil are standing together." "All the funds are very short term and repayable in 90 days," Regan said. He said Brazil has given "full assurances that it will repay the loans." The arrangements for the loan had been under discussion since late October, he said.

FCC said the station would broadcast on 479 kilowatts and will be direc tional signal. Justice of the FCC office said the station's signal will reach about 40 miles east and Prior to Reagan arrival Wednesday some 2,500 leftists chanting "Down with American imperialism!" marched through South America's biggest city and set fire to a giant Uncle Sam doll. The demonstration began on the steps of the downtown cathedral and grew as the pro- BRAZIL Page 6, Sec. 1 -Staff Photo by John Harrison STOLEN LONGVIEW TRUCK EXCAVATED FROM OVERTON SITE Shovel Digs Up Truck Cab Parts; Officials View Completely Excavated Vehicle (Insert) Truck SitDleim Him '78 HJimeairitlliiedl DBunnflaflnnntf (Bariums west, and about 32 miles north and south. He said the secondary signal range would depend upon terrain.

The station is expected to be on the air within nine to 11 months, Mrs. Susan K. Ludka of Brownsville, listed as president of Sunrise in the permit application, said Wednesday. In addition to Mrs. Ludka, other Sunrise officers had been listed on records as follows: Harris Fender, Tyler, treasurer; O.

Jan Tyler, Dallas, secretary; and vice presi- -dents Charles R. Woolridge, Flint, David M. Fender, -Tyler, Harris Fender Waco, Gene G. Mundy, Dallas, and Roger W. Pipkin III, Houston.

Previously proposed officers of East Texas Broadcasting, in addition to Muncey and McNaughton, were Mel- vin C. Campbell, Greenville, C. Howard Houssand, Dallas, and Larry Lavine, The original petition for the station was filed by Sunrise admitted that he first thought it "may be more to it." The cab was unearthed with a backhoe Wednesday while three Ryder representatives were at the site. "I doubt very seriously we'll ever see the rest of that truck," David Carf, Tyler Ryder service manager, said. Carr was shop foreman at the Ryder terminal in Longview when the new truck was stolen almost five years ago.

Carr said six or seven trucks were lined up on a Saturday morning, waiting to be transferred to Tyler, when the truck" was stolen. "Someone just helped himself and drove away," Carr said. Ryder officials from Longview who viewed the excavation at the field located seven and a half miles east of Highway 850 included John Blackstone, service manager, and Jesse Dula, accounts manager. Rudd was in Seattle, 'Wash, when the cab was first discovered on his property. Rudd said the remains of the truck will be re-buried and' the construction of the oilwell will "work around it." "There wasn't much left to do," Carr said.

"There wasn't that much of the truck left. It looks like they went through a lot of troirble to do it." The truclc was valuedat $45,000 when it-was stolen, Carr said. Although Harrison County deputiestinvestigated the incident when the truck was driven away from the terminal, the theft was never cleared. By DONNA M. LESTAGE Staff Writer OVERTON A law enforcement officer's curiosity of the unusual resulted in untangling a theft Wednesday when the wrecked cab of a truck, stolen from HarrisoiTGounty nearly five years ago, was dug up in a field about five miles from here.

The cab of a 1978 International Transtar truck was discovered Nov. 24 while land owned by T.J. "Jeff" Rudd was being cleared for an oilwell site, Tommy Goodman, a Lin-dale policeman, said. The police-officer said Rudd told him about the truck last week, A check of the vehicle's identification number by Smith County sheriff deputies last week showed the truck, owned by Ryder Truck Rental, had not been stolen. However, the curious policeman did not give up.

Monday, on his day off, Goodman went to the site and obtained the rental terminal number and, with the help of Trooper Ralph Byrd, Department of Public Safety, checked the vehicle and found it was stolen March 15, 1978. "The reason I went out there is because I couldn't see why someone would go through the trouble of burying a truck and I couldn't understand why no one was investigating it," Goodman said. The veteran officer said he thought there might be something else buried along with the cab. "I just wanted my mind satisfied, persistent Goodman explained. He said it appears the truck was driven through the woods, stripped and the the cab buried, although Goodman IIBit EjmBMy By The Associated Press In a new sign of recovery in the building industry, the government reported Wednesday that spending on new construction rose 1.1 percent in October the biggest increase since June.

The Commerce Department also revised its estimate for September's construction spending to a gain of 0.9 percent from the previously reported decline of 0.2 percent. That made October the third straight month of increase. Robert Ortner, the Commerce Department's chief economist, said he expected slower gain's in building activity over the winter, but added that improvement should be greater in residential building than in commercial. The report stirred little action on Wall Street, as the stock market, turned in a mixed performance in turbulent trading. Bond prices were little changed.

The Dow Jones average of 30 industrial stocks, up more than 36 points on Tuesday, finished the day with a loss of 8.19 points at 1,031.09. Analysts said investors appeared to 0 waiting for further clues to the economy's prospects for overy. its report on October construction, the Commerce Department said overall spending hit an annual rate of 1234.9 billion. Despite the three straight months of increase, new con-ECONOMY Pagee, Sec. 1 UPI Telephoto INAUGURATION--New Mexican President Miguel de la Madrid give's his acceptance speech at his Wednesday inaugural at the Legislative Palace in City.

Madrid listed his first priority as helping put the debt-strapped country on its feet. See. story Page 11, Section 3. July 18, 1980. East Texas Broadcasting Co.

of Dallas filed for the station Oct. 31, Marjuuw Sales Vie DBirewiimig Ion IMlIlaiirdl Wednesday High Ties Record Elsewhere Page Sec. tioir-in the justice of the peace precinct which includes the Lake Palestine area. The justice of the peace precinct includes both Noonday and Bullard. Amusements 18 3 Agriculture 8 1 Classified 1-8 4 Comics 16 3 Crossword Puzzle 4 1 Editorial 4 1 Goren On Bridge 13 3 Obituaries 16 1 Oil 14 1 Outdoors 6 2 Sports 1-7 2 Stodk Market 18 3 TV Program 17 3 Women's News 1-5 3 By BOB PETERS Staff Writer Record high temperatures were reported in East Texas Wednesday as strong southerly winds transported moist air northward from the Gulf of Mexico.

The temperature in downtown Tyler reached 81 degrees Wednesday afternoon, after a morning low of 64. These equaled the record high maximum and high minimum temperatures set in 1922. Thunderstorms are expected Thursday when a cold front and upper air disturbance approach from the west. The brunt of this major winter storm should pass well to the north of East Texas. Scattered shower and thundershower activity should continue through Friday, but end from the west Friday night.

Gusty south winds blew throughout the day. A peak gust of 38 mph occurred shortly before noon. The forecast for Tyler and vicinity calls for cloudy with showers and tounderstorms possible Thursday through Friday, cooler; Btgh Thursday 70, range Friday 62-60; winds: southerly 10-20 Thursday, becoming northwesterly Thursday night; probabilities of measurable precipitation: 50 percent Thursday, 40 percent Thursday night, 40 percent Friday. an election within 30 days provided that the petition is in order. Proponents of a local option election, for sale of beer only, in Noonday recently withdrew their petition, which had been prepared without the benefit of legal counsel.

Attorney Eric Jensen, hired after the petition was fired, withdrew the petition because if failed to list the names and addresses of the signers properly. The Noonday group indicated they would file another application for an election, but have not yet done so. Mrs. Ramsey said although the Bullard residents did not have their application filed by an attorney, the application properly listed the addresses of the signers, and the names were listed exactly as they were on the voter'registration list. Liquor elections may only be held in municipal areas, countywide pi in a justice of the peace precinct.

The Tyler Morning Telegraph learned that a group has made inquiries about Impossible eleC- By MARGARET WATSON Staff Writer A group of Bullard residents has asked for an election for sale of all alcoholic beverages, off-premises consumption only, Smith County vo- ter registration officials said Wednesday. An application signed by 10 registered voters who live in Bullard wai filed by Bennie Thed-ford of Bullard. The application would permit regular package liquor stores. Mrs. Evelyn Ramsey, elections director, said the proponents have until Dec.

30 to collect on petitions 46 names of registered voters who live in the area proposed for liquor sales. Mrs. Ramsey said 130 persons voted in the Nov. 2 governor's election who live in the city limits of Bullard. Texas law requires that 35 percent of the number of persons voting in the last governor's election must sign petitions calling for a liquor election.

After the petitions are returned and the signatures verified, pe petitions will be presented tojSmith CounCommissioners, who must call Dlble Verse Behold; a virgin shall be with child, and shall bring forth a son, and they shall call his name Emmanuel, which being interpreted is, God with us. Mitt. 1:23.

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Pages Available:
699,558
Years Available:
1930-2024