The Baytown Sun from Baytown, Texas on April 25, 1986 · Page 11
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The Baytown Sun from Baytown, Texas · Page 11

Baytown, Texas
Issue Date:
Friday, April 25, 1986
Page 11
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Page 11 article text (OCR)

•AYTOV* SO* Saturday forecast SO 60 Low Temper ati*es FRONTS: Warm _^ S'.t«.-!.«f ,' Skies to stay clear over much of state By THE ASSOCIATED PRESS A tow-pressure system over West Texas triggered widelv scattered thundersho-a-ers in the eastern Panhandle and North Central South Plains Friday and forecasters expected the precipitation :o continue irto the weekend. A high-pressure ridge also influenced Texas weather, the Na- tKKiai Weather Service said. Skies were ciear over parts of North East anc southeast Texas and mostlv cioudv from San .\ntonio = cross :he RJo Grande plains. Skies w-ere fair to partly cloudy across the rest of :be state. tne weather service saj.d. T A inds were south to southeast at 5 to 15 mpc across most of the state and northeasterly over the Big Ber.-c" ^-^J 1 -•";— ^~-—z temperatures were mostly IT r^e 60s except '-'"-' -tracings in tne 4->s over the mountainous southwest Extremes ranged from 41 degrees at Marfa in the Davis Mour- '-*'-zs to .0 degrees at Laredo on the RJO Grande Plains LC regents elect new officers Claudia Smith to serve as chairman for next two By DAVID MOHLMAN Lee College Board of Regents unaniTTWT«sty named, by acclamation. 'Claudia Smith as board chairman. Dr. Waiter Buttrick as vice rhairman Mifce Bargainer as secretary and Wayne Gray as assistant secretary. Each office hokier serves a two-year term . Buttrict's selection came after both he aod Regent Don Co! fey. whom But trick Dominated. were nominated STWI seconded for vice chairman. Four regents. Mrs. Smith. Bargainer. Alden Weaver and John Adams, voted for Burtrick and three. Gray. Oswall Harman and Cofiey. %-oted for Coffey. Buttrick did not vote. Regent G v»en Air* eln was absent . After Rick Peebles, the board's legal adviser, noted a motion rieeds five votes to nass. Coffev removed hi- name from nomination. Mrs Smith said she will name m embers of the various board committees before the next regular boarc meeting. Regent Alden Weaver reported the LC presidential selection advisory committee will meet at 2 p.m. Ma the two- member Association o: Community College Trustees team that is helping the Boarc o: Regents select 2 permanent LC president The ACCT team is scheduled to meet at 7 p. IT . May 12 f~.iL the board. Dunng ihe evening meeung. the .ACCT team, usins advisor'.' No nan talk? scheduled Pennzoil chief doubts Texaco _ HOUSTON A? - Pecrzoii •-0 i cn=irman sa>5 r.-e does no: oeheve Texac^' Inc has beer. = mcere :- its effo.-ts to negotiate jucgment nandei do---n against "However, last year'; first uarts earnings included a gain f 21 cents per share from the sale securities, so our as 10 a settlement. " said J Hugh Liecttr. Pennzoil chairman anc cn:e: e.\ecut;ve officer He also saic be kTjOwi. of no future meetings piannec t-et-een Tei- "I rear that Texaco realiy nas n-3 interest in trying to settle. only to make a record that thev nave tried." Liedtte said Taurs- day after Pennzoii's anmi?' shareholders meeting. "It mav tougr. :'. out as :or.2 as they can " '' Tnursca>'= meeting during - r.-cf. Penr-ro-J anriounced earn" ings ;•: 541 S m-iilion for the first quarter of li«86 Earnings dropped 2^ percent crop from net income of S-3T -; mili.on reported in the same quarter in "lS85. of- :":cials »aic Per_nzoL officials attributed the drop mostly to the slump in oil prices "Unfortunately. :t appears that a\ erase oil anc gas prices * LLi be even )o » er curing the second quarter." £^;c Richard J. Ho»e. Pennzo-J president. Earnings per common stare -ere 92 cents for the year's first quarter, compared to £l_2l> for the 1985 first quarter. Ho«e said Operating income was $112.5 million, compared to S129.£ posted for the first quarter in 1385 operating results --ere relatively close to last year's." Ho-*e sa;d Howe said Pennzoil officials believe world prices on crude OIL »1U approach £20-a-barre' iate- thisyear 'We expect natural ga? prices, on tbe other hand, to • eaiec even further th^ summer cue to various market and 2overnmentaJ forces. coupieG •»ith the normal summertime slump in demand." he said. In discussing the Texaco- Pennzoil case. LJedtke accused Texaco of unleashing a media blitz consisting of ••half-truths. innoendos anc. in some cases, extremely insultins and abusive charges."" Texaco officials in Waite Plains. N.V. refuted Liectie's statements. "As reported to us. '-e believe are a mischaractenzation of Texaco's actions and its DOSI- tions. i esacti' spokeswoman "For example. Tesaco's weL- documented appeal coc-cems the failure of s. specific trial court to correctly apply both Texas anc New "i ork law.'' In November, a iurv ruled Texaco WTOogfullv interfered in a merger agreement between Pennxoil and Getty Oil Co when ;t acquired Getty. Texas State Judge Solomon Cassei) Jr af- firmec the rnultibiiiion—dollar award in December, adding S600 milijon in interest and saying more interest would accumulate at the rate of 10 percent annual- iv. About £ month a so. representatives of both companies met in New York to discuss the possibility of settling the case. but Liedtke said Texa-^j offeree nothing substantial during the "In our opinion. Texaco had added n-o real meat to the Getty carcass It was just tne same p:ckec~over oid bones." saic Liec-tie Deaths and funerals TA3ER AYTON — S^~. -: 7-er > i . •_•; D:.-:c-r » 5---;;. Scrc-0 :r.c:-*tC.2 o-.r Oa\":or. ir.e £cnif ciur. lie' P;'e*.:- .-."•stHerrer:; ; r ? u 1 -.; Teocrier AsiocicfiO':. ibe K'ML ^nd :•:" Sienir.a f ur;en: Hor-.e. Stock quotes COLT re*;, i'dcsc'r i.-;^ Curtis .^. ,. ATltT Amoco Arnaco Ashlanrl Kroger Mobfi MocsxnU) National DtstiBer. Occidental Petr C.G.tE Ceianese Cbesebroogb-Ponds Cbcviun Diamood Sfcam Dow Chens Dresser Imtes Phmips Petr ios RojalDntcfa 78^4 Scfahnnberger Sears 44S Soutbern Co 24 StmOfl. Te . 5Z'-t Texaco .30 Texas Eastern . 62"-= Upjohn .42-4 U^. Sleei Walgreens Wai-Man Wooiworth Xerox. Dow. Ind. Avg . DovCbasge Sflurw Gobi committee suggestions, wffl help the board choose three to five Qnaiists for the posnan of LC president. The ACCT team members are screening applications for LC presideni. They will select approximately 15 semi-5nalists before returning to Baytown. The deadline for applications for LC president is May 5. Interim president Robert Larsson reported he hgg appointed a committee to revise LC policies ana procedures. The revisions -«Ui add standards VF hereby students are retained by the college. More than 80 percent of two- and four-year schools have retaining standards- in addition to their standards for admission of new students. Larsson noted. Larsson said he appointed another committee to explore phasing out the quarter system. under which some LC teehnicai- vocational courses are tausht. and to consider teachmg all classes — both academic and technical-vocational — bv arsaon asked for and receiv- and development officer In another matter, the board unanimously named, upon Larsson T s recommendation, Katfay Clausen as LC public in^ formation officer, a group 2a administrative position. Tlie appointment will take eflect Aag 18. After p<±*iic in£onnstk» officer Glen Walker left that position one year ago, the board chose not to 5Q it. Ms. Clausen during the winter of 1964 was named marketing assistant, a posirkm listed on the secretarial-clerical pay scale. Her hourly salary computes to an snrmal lotal of £24.976. A group 2a administrator presently earns $31,078 per year, salaries for the next budget year, when Ms. Clausen's appointment takes effect, have not yet been set by the board. In other business, the board -Appointed Robert Gillette. Dr. George Walmsley and Reggie Brewer from the community and Regents Coffev and Adams to the Board of Trustees of the Lee College Foundation. —Awarded two contracts 10 tor bidders ckns. One was to Cotenfaia a video and another Jar Vid«o Systems . character generator. The ment is for the Mafia Cento-. -A^iroved two _ w May 6 and May 3B — far tearing 3 grievance of znaBtfentftce empioyfee Vera Whttt Peebles . wffl ctfflsult wiifc Ms. White's '%. legal adviser, wbo wfll choose £ the date. -^ —Adopted a resoimson expressing both its appreciation of service a TO board members* best wisfees to secretary Gladys O'Brien upon her retiremenL ' • — Heard former _LC instructor Phfl Dignam. vslio asked regents to ensure all cnscassioc at meetings is load eaxigh to be heard, to end an executive session and resume it after tbe public meeting if the length of the session prevents starting tbe public meeting on time, and to consider including a nerr board meeting mom among future tees portions of the proposed board policy manual. Dreoared by the Texas Association of School Boards. Larsson said in studying the manual he found "a number of errors omissions and confusins sae~e~ts The problems should be corrected before the board approves the manuaL he said. He also said he has asked admimstr-itors and :he president of -he r acuity Assembly to review the approximately two- inch th:-ck manual. Larsson reported he added in- descr-ption of the LC Dianmns LINEN STORE GONE OUT OF BUSINESS 20%-75% OFF • BED • BATH • TABLE OVER 300 SPREADS IN STOCK GREAT PRICES ON BRASS BEOS & DAY BEDS THURSDAY 68 3000 N *AIN BSimD Acnoti CTCLB AMD SAFEWAV TKAKSMfSSKMC SATURDAY iQ-4 ORAKTS IGAS SALE! SATURDAY, LAST DAY... SAVE 25% ON JUNIOR ROMPERS 19.99 R.£\or, c~a:!i= prir.:s. b'ighr co~or =o!;c = S26 TAKE 25% OFF IL'NJOR JUMPSL'ITS. Ree. S32-SS-5. new, S24-S36 SPUN PRINT DRESSES, EXTRA 30% OFF Masses" spun poiyester cresses. Soft =nc cool. Ticketed 2^.59. ca.s 17.49 SPRING BAZAAR . April 27, 1986 11 o.*.-6p MOKE BIG SAVINGS FRIDAY AND SATURDAY! TAKE 3t% OfF ALL MtSSES KEC. PKICE T-SHIKTS AND SHOTTS, excluding those from coordinate groups. Reg. S18-S28. now 12J» to 19.61 EXTRA 25% Off ALL MISSES' AND ML SALE fTUCEO SWEATBtS. Tuckered 11.99-34.99. Friday and Saturday, 1,99 to 2^24 TAKE 3t% OfF WOMBfS SHOKTS AND T-SHIKTS. Large sizes reg. S14-S26; two days: 9J* to 1t.2t TAKE 2t% Off KtCHT-fO«-M€ MAS for between-cup sized women. Plus a free bra from the mfr. Reg. $13-$14. Two days: !«.•«• to 11Ji SAVE 3t% T04t% ON FASHION jEWHJtY. Necklaces, earrings. Reg. 7.5CM330 now 3.99 to t.99 SAVE 25% K> 13% ON OmOgpfS rtAYWLAJL Shorts, shirts, romp**™ shorttfls sets, jams. Reg. $8-S26. now, 5.99 to 19,99 AND MANY MOJCf SAVINGS; TOO NUMEROUS ID LIST SAN1AON1O MAIL ^ "V;

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