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Japanese firm to fund long-planned resort. (Kawasaki Steel America Inc., Hyatt Hotel, San Antonio)
July 27, 1990... Japanese firm to fund long-planned resort
Wender close to terms with Kawasaki Steel on Westover Hills project
The hunt for financing for a long-planned Hyatt hotel and resort in the Westover Hills area of the city's northwest side...
Local banks' first quarter results spawn optimism. (San Antonio)
July 27, 1990... Local banks' first quarter results spawn optimism
Showing signs of improvement from previous years, San Antonio banks lost a total of $15.3 million in the first quarter of 1990, 37.6 percent less than the $24.5 million loss the same banks...
Insurance industry shakeout has local agencies reeling. (San Antonio)
July 27, 1990... Insurance industry shakeout has local agencies reeling
Insurance industry executives say the current market is unlike anything they have ever seen. Several negative factors have prompted a growing list of national companies to close local...
More 1-900 phone line ads call Current home. (San Antonio Current, newspaper) (company profile)
July 27, 1990... More 1-900 phone line ads call Current home
Readers of local alternative newspaper the San Antonio Current don't have to go far for steamy sex.
When they're in the mood to eavesdrop on the "uncensored confessions" of "hot girls who...
NCNB mulling move from old NBC building. (NCNB Texas National Bank, NBC Bank-San Antonio building)
July 27, 1990... NCNB mulling move from old NBC building
NCNB Texas National Bank is seeking an anchor tenant position in a local building for its second downtown location in San Antonio, officials with the company confirmed this week.
NCNB Texas' San...
Dallas pipeline company planning to open regional office downtown. (Delhi Gas Pipeline Corp., San Antonio)
July 27, 1990... Dallas pipeline company planning to open regional office downtown
Officials of a Dallas-based gas pipeline company confirmed they are creating a new, 60-employee regional office to be based here.
The new office is part of an overall...
Don's & Ben's Inc. liquor store chain alleges malpractice by accounting firm. (Baros & Gremmer P.C.)
July 27, 1990... Don's & Ben's Inc. liquor store chain alleges malpractice by accounting firm
Don's & Ben's Inc., San Antonio's oldest and largest liquor store chain, is suing its former accounting firm for slack accounting practices and allegedly making a...
Lustig to lead unsecured creditors for NBC's Ch. 11 reorganization. (Jay Lustig, National Bancshares Corp., Chapter 11 bankruptcy)
July 27, 1990... Lustig to lead unsecured creditors for NBC's Ch. 11 reorganization
Jay Lustig, the verbal and somewhat controversial bondholder of National Bancshares Corporation of Texas, has been appointed chairman of the seven-person creditors...
New insurance agency partners square off in court over dispute. (Robert R. Roten, Robert F. Shannon, Roten-Shannon Insurance Agency)
July 27, 1990... New insurance agency partners square off in court over dispute
Three months after its formation, local Roten-Shannon Insurance Agency is in the process of dissolving because of a bitter dispute between the partners, according to court...
Restaurateurs returning to familiar Boardwalk site for new Ruffino's. (Tabatabai brothers, Ruffino's Restaurant, San Antonio)
July 27, 1990... Restaurateurs returning to familiar Boardwalk site for new Ruffino's
The Tabatabai brothers are back in business at the Boardwalk.
Returning to the exact site of one of their previous restaurants, the longtime San Antonio restaurateurs...
National Instruments: Austin computer firm to sell repackaged Apple computers. (Austin, Texas, VXIpc-030 computer) (South Texas regional news.)
July 27, 1990... NATIONAL INSTRUMENTS
Austin computer firm to sell repackaged Apple computers
Austin computer developer and marketer National Instruments signed an agreement with Apple Computer on May 21 to sell a souped-up model of Apple's...
CJC Holdings: Austin jewelry maker obtains $15 million in long-term financing. (Austin, Texas) (South Texas regional news.)
July 27, 1990... CJC HOLDINGS
Austin jewelry maker obtains $15 million in long-term financing
CJC Holdings Inc. of Austin announced that it has successfully placed $15 million of new, long-term financing. Proceeds will be used for repayment of...
Sicola Martin Koons Frank: Austin ad agency wins $1.5 million account. (Austin, Texas) (South Texas regional news.)
July 27, 1990... SICOLA MARTIN KOONS FRANK
Austin ad agency wins $1.5 million account
Austin advertising agency Sicola Martin Koons Frank won the $1.5 million I Can't Believe It's Yogurt account in late June.
Sicola Martin had been doing project...
Hitox Corporation of America: Corpus Christi pigment maker reports lower quarterly earnings. (Corpus Christi, Texas) (South Texas regional news.)
July 27, 1990... HITOX CORPORATION OF AMERICA
Corpus Christi pigment maker reports lower quarterly earnings
Hitox Corporation of America, a producer of buff-colored titanium dioxide pigment used in the manufacturing of paints, industrial coatings...
Scientific Measurement: Austin company reports net income of one cent a share. (Scientific Measurement Systems Inc., Austin, Texas) (South Texas regional news)
July 27, 1990... SCIENTIFIC MEASUREMENT
Austin company reports net income of one cent a share
Scientific Measurement Systems Inc. of Austin reported net earnings of $126,000, or one cent a share, on revenues of $1.7 million for its third quarter...
CompuDrug Ltd.: Austin firm develops toner trade and other deals in East Europe. (LaserCharge Inc. contract, Austin, Texas) (South Texas regional news)
July 27, 1990... COMPUDRUG LTD.
Austin firm develops toner trade and other deals in East Europe
After developing a wide Eastern European market for an Austin company, the Austin branch of a trading company based in Hungary plans to expand its...
Continuum Company Inc.: quarterly revenues rise sharply but net income figures decline. (South Texas regional news)
July 27, 1990... CONTINUUM COMPANY INC.
Quarterly revenues rise sharply but net income figures decline
Austin-based Continuum Company Inc., an international computer services firm, boosted its revenues for its most recent quarter by 25 percent from...
Christian tabloid hits local stands. (SA Voice, periodical, San Antonio)
July 27, 1990... Christian tabloid hits local stands
Fifteen thousand copies of a new San Antonio monthly tabloid hit the stands this month catering to envangelical Christian groups.
SA Voice is being published by Denver-based Communicom Corp. of...
Medical group launches newspaper. (Bexar County Medical Society, Fisher Publications Inc., Here's to Your Health, periodical)
July 27, 1990... Medical group launches newspaper
The Bexar County Medical Society and local Fisher Publications Inc. have joined forces to produce a new monthly medical newspaper called Here's to Your Health.
Launched June 21, the paper is distributed...
Intelogic Trace Inc. (names John Paget chief operating officer)
July 27, 1990... John Paget was promoted to chief operating officer and senior vice president for Intelogic Trace Inc. He has responsibility for logistics, field and sales operations. He joined the firm in August 1989.
Valero Natural Gas Partners L.P. (earnings)
July 27, 1990... Valero Natural Gas Partners L.P. reported a second quarter net income of $5.3 million, or 27 cents per limited partner unit, compared to $1.2 million, or 5 cents per limited partner unit, reported for the second quarter in 1989. The...
Austin biotech company establishes local lab to process gonorrhea tests. (GenTrans Technology Inc., Austin, Texas, San Antonio)
July 23, 1990... Austin biotech company establishes local lab to process gonorrhea tests
Austin's GenTrans Technology Inc. recently opened a laboratory on the North Side to process diagnostic tests for sexually transmitted diseases.
The new lab, a...
Indicted insurance executive stages comeback. (Ken Hudson)
July 23, 1990... Indicated insurance executive stages comeback
To the surprise of many in the industry, embattled insurance executive Kenneth W. Hudson, the subject of grand jury indictments in two states, has landed a job with a local insurance agency...
NBC warns of possible $300 million claim by feds. (National Bancshares Corp., Federal Deposit Insurance Corp.)
July 23, 1990... NBC warns of possible $300 million claim by feds
San Antonio's National Bancshares Corporation of Texas could become embroiled in a $300 million to $350 million lawsuit with federal regulators, company officials revealed in their first...
Business owners round up flocks of jailbirds. (General Capital Inc.'s cartoon creation Jailbirds) (company profile)
July 23, 1990... Business owners round up flocks of jailbirds
A group of San Antonio Jailbirds will tour the United States next month.
The Jailbirds are the cartoon creations of local clothing maker Esskay Manufacturing Co. and its advertising agency...
Oil company hits pay dirt with its Navajo contract. (Arctic Red Resources Corp., Navajo Nation)
July 23, 1990... Oil company hits pay dirt with its Navajo contract
An oil drilling and exploration deal 10 years in the making will be completed July 20 as San Antonio-based Arctic Red Resources Corp. acquires a 22-year right to drill on 50,000 acres of...
Image Data foots big bill following aborted stock sale.
July 23, 1990... Image Data foots big bill following aborted stock sale
With the sudden and unexpected withdrawal of its underwriter for a planned public offering, Image Data Corp. of San Antonio has lost its ticket to $5 million in new funding. Worse, the...
Seguin bank assumes assets, control of SBA lender owing money to bank. (First Commercial Bank N.A., Seguin, Texas, Small Business Administration, Southwestern Commercial Capital)
July 23, 1990... Seguin bank assumes assets, control of SBA lender owing money to bank
A nixed $5.5 million tender offer and a year of turmoil between two lenders has ended with an agreement this week in which First Commercial Bank, N.A., of Seguin...
RTC sells $200 million worth of property from local S&Ls. (Resolution Trust Corp., San Antonio savings and loan associations)
July 23, 1990... RTC sells $200 million worth of property from local S&Ls
The Resolution Trust Corp. has sold more than $200 million worth of real estate once owned by San Antonio thrifts during the past year, according to reports from the local RTC office....
Sosa bids on AIDS job despite previous controversy. (Sosa and Associates)
July 23, 1990... Sosa bids on AIDS job despite previous controversy
The contract to handle the U.S. Centers for Disease Control's prestigious national AIDS awareness campaign is up for renewal, and local Sosa & Associates advertising agency has set its...
Agency to work with Mexico clients. (Sosa Guevara Marketing International) (company profile)
July 23, 1990... Agency to work with Mexico clients
Local advertising agency Robert Sosa Southwest has created a new venture devoted to working with U.S. clients who do business in Mexico and Mexican clients who do business in the United States.
Called...
Handy Andy president resigns abruptly. (Handy Andy Supermarkets Inc., James Pack)
July 23, 1990... Handy Andy president resigns abruptly
James Pack, president of Handy Andy Supermarkets Inc. for the last 1 1/2 years, abruptly resigned from the company on Friday, July 13.
Handy Andy Chief Executive Officer Jimmy Jimenez, who formerly...
Locals create newscast reporting on wildlife, environment. (San Antonians, Wildlife News Network) (company profile)
July 23, 1990... Locals create newscast reporting on wildlife, environment
If a group of local investors has its way, San Antonio will be home to a new type of television program - an environmental newscast.
Production of the pilot episode of the...
Game maker alleges foul play by partners. (Infinity Games Inc.'s Don Hart)
July 23, 1990... Game maker alleges foul play by partners
Don Hart thinks his former business partners have taken their games much too far.
Hart claims that his associates, the local developers of the nationally distributed board games Flim-Flam and...
Bakery loses its cookies. (B&C Bakeries Inc. acquired by Sunnyhill Foods Inc.)
July 23, 1990... Bakery loses its cookies
San Antonio's B&C Bakeries Inc. was purchased recently by an out-of-state firm, which now has the rights to the bakery's primary product, microwave cookies.
Sunnyhill Foods Inc. of Iowa bought the assets of B&C...
UPS using gas-powered vans for parcel delivery. (United Parcel Service of America Inc.)
July 23, 1990... UPS using gas-powered vans for parcel delivery
At the request of the Texas Railroad Commission in Austin, United Parcel Service in Dallas started using gas-powered vans for its package deliveries on July 13.
Railroad Commissioner John...
Builders Design Inc. (no full text - tables only) (Proxy report excerpts) (company profile)
July 23, 1990... Builders Design Inc.
Boston - BDI NASDAQ - BDNI
Builders Design Inc., through its subsidiary Letco Inc., is engaged primarily in the sale and installation of floor covering and home interiors. The company provides services to residential...
RTC lawyers ask TETCO judge to step aside. (Resolution Trust Corp. Edward C. Prado)
July 16, 1990... RTC lawyers ask TETCO judge to step aside
Judge Prado reveals free membership at club once owned by defendant
A San Antonio federal judge disqualified himself from presiding over a heavyweight lawsuit between local businessman Tom...
Sheraton plans $20 million downtown hotel. (San Antonio)
July 16, 1990... Sheraton plans $20 million downtown hotel
The Sheraton Corp. has set its eyes on the downtown San Antonio River as the site for a new $20 million hotel it is planning.
Not including land, the 250-room, all-suite hotel probably would...
Broker envisions construction park attracting millions. (George Kerford, Texas Aggregate Construction Emporium park)
July 16, 1990... Broker envisions construction park attracting millions
An equipment broker plans to create a sand, stone and gravel industry construction park in San Antonio by 1991 that eventually will draw 1,500 equipment manufacturers to the city and...
Westlake Realty wins its first RTC job with Victoria Tower contract. (Resolution Trust Corp., Victoria Tower office building, San Antonio)
July 16, 1990... Westlake Realty wins its first RTC job with Victoria Tower contract
Westlake Realty Corp. has secured a contract to lease and manage the troubled Victoria Tower office building, its first property management award from the Resolution Trust...
Military awards $1.67 million contract to local. (Air Force, Wall Colmonoy Corp., aircraft engine parts contract)
July 16, 1990... Military awards $1.67 million contract to local
Wall Colmonoy Corp., a local gas turbine engine parts overhauler, has won a $1.67 million, 3-year contract from the U.S. Air Force to refurbish parts of the afterburner in F-100 engines, which...
Dallas firm abandons plans to build Northwest hotel; to sell three acres. (Brookhollow Corp., Brookhollow Inn, San Antonio)
July 16, 1990... Dallas firm abandons plans to build Northwest hotel; to sell three acres
An arm of a Fortune 500 company has abandoned its plans to build a hotel on the city's Northwest side and has signed a contract to sell most of the land for the hotel...
Investors buy Shadrock Petroleum for $500,000; plan to rebuild firm. (Richard Villarreal-led group, Shadrock Petroleum Products Inc.)
July 16, 1990... Investors buy Shadrock Petroleum for $500,000; plan to rebuild firm
The former president of a local wholesale petroleum products distributor has purchased majority interest in a waning competitor and plans to rebuild the company as a...
Los Patios gears up for $500,000 renovation, expansion. (Los Patios Development Inc.'s Los Patios retail and restaurant complex)
July 16, 1990... Los Patios gears up for $500,000 renovation, expansion
North Side retail and restaurant complex Los Patios is gearing up to go after a second infusion of capital to continue its renovation and expansion.
Los Patios' new owner, joint...
WOAI settles suit filed by ex-worker. (WOAI, San Antonio, radio, Cynthia G. Austin)
July 16, 1990... WOAI settles suit filed by ex-worker
Former WOAI-AM Radio salesperson Cynthia G. Austin recently settled the lawsuit she filed against WOAI parent company Clear Channel Communications Inc.
Austin sued Clear Channel on June 4 in 37th...
Closed-circuit TV firm sues competitor for $7.5 million. (San Antonio Video Guide Channel and Video Conventions, Spectradyne Inc.)
July 16, 1990... Closed-circuit TV firm sues competitor for $7.5 million
A local provider of televised convention coverage and tourist information is suing a national competitor for more than $7.5 million.
The suit alleges that competition between the...
Newspaper publisher sues equipment maker. (San Antonio Informer, newspaper, publisher Tommy Moore, AM International Inc.)
July 16, 1990... Newspaper publisher sues equipment maker
The publisher of local black newspaper the San Antonio Informer plans to go to court next week to end what he calls a "David and Goliath" legal battle with a large printing equipment manufacturer....
Medical association spearheads litigation against insurers. (Texas Medical Association)
July 16, 1990... Medical association spearheads litigation against insurers
The Texas Medical Association is spearheading litigation against Texas insurers, alleging violations of the Texas workers' compensation system guidelines.
Although not named in...
King Wah Gardens sued for using name.
July 16, 1990... King Wah Gardens sued for using name
San Antonio restaurant company King Wah Inc. has taken legal action against the owners of the King Wah Gardens restaurant, claiming that they have no right to the King Wah name.
In a lawsuit filed...
Austin computer hardware firm wins big contract, expands. (Lama Systems Inc.) (South Texas regional news)
July 16, 1990... LAMA SYSTEMS INC.
Austin computer hardware firm wins big contract, expands
Lama Systems Inc., a 5-year-old maker of computer hardware, recently moved into a new 2,700-square-foot plant on Kramer Lane in Austin. Lama expects a 1,000...
California grower's cooperative sues Pearsall company for beans. (California Bean Growers Association, Southwest Marketing Inc., Pearsall, Texas) (South Texas regional news)
July 16, 1990... SOUTHWEST MARKETING INC.
California grower's cooperative sues Pearsall company for beans
A Frio County supplier of agricultural products has been sued in Bexar County District Court by the California Bean Growers Association for...
Dallas marketing firm launches new magazine for horse industry. (Hand & Associates Communications, King's Sport, publication) (South Texas regional news) (product announcement)
July 16, 1990... KING's SPORT
Dallas marketing firm launches new magazine for horse industry
King's Sport, a new magazine devoted to promoting the Thoroughbred horse for investment purposes, recently was launched by Dallas marketing communications...
Department picks four agencies as finalists for ad campaign. (Texas. Department of Commerce, advertising agencies) (South Texas regional news)
July 16, 1990... TEXAS COMMERCE DEPARTMENT
Department picks four agencies as finalists for ad campaign
The final four advertising agencies bidding on the Texas Department of Commerce's $7 million ad account were picked recently.
On June 25,...
Round Rock computer wafer plant expands, adds jobs. (Cypress Semiconductor Corp., Round Rock, Texas) (South Texas regional news)
July 16, 1990... CYPRESS SEMICONDUCTOR CORP.
Round Rock computer wafer plant expands, adds jobs
Cypress Semiconductor Inc., a maker of semiconductor wafers for all types of computers, currently is expanding its production line and work force at its...
Austin company discovers high-grade barite ore. (Chaparral Mining Corp, Austin, Texas) (South Texas regional news)
July 16, 1990... CHAPARRAL MINING CORP.
Austin company discovers high-grade barite ore
Austin-based Chaparral Mining Corp. recently discovered that the quality of barite ore at its 67,325-acre mineral lease in Webb County is of a higher grade than...
Office of Thrift Supervision places thrift in receivership. (Windsor Savings Association) (South Texas regional news)
July 16, 1990... WINDSOR SAVINGS ASSOCIATION
Office of Thrift Supervision places thrift in receivership
The Office of Thrift Supervision placed Austin's Windsor Savings Association under receivership last week and chartered a new federal mutual...
Austin computer consortium names new president. (Microelectronics and Computer Technology Corp., Craig I. Fields, Austin, Texas) (South Texas regional news)
July 16, 1990... MCC
Austin computer consortium names new president
Microelectronics and Computer Corp. (MCC) announced the appointment of a new president, chief technical officer and chief operating officer.
Dr. Craig Fields, a former director...
Junior Achievement of South Texas Inc. (no full text - tables only) (Proxy report excerpts) (company profile)
July 16, 1990... Junior Achievement of South Texas Inc.
Vital statistics
Executive director: Lynn Lehman
Annual salary: $46,750
Chairperson: Bianca A. Rhodes, corporate treasurer, Intelogic Trace Inc.
Board of directors:
Tony Anderson,...
Local minorities aim to buy ailing Suburban Savings.
July 9, 1990... Local minorities aim to buy ailing Suburban Savings
In a move aimed at restoring community banking to San Antonio, a handful of San Antonio minority business people have formed an investor group to purchase local Suburban Savings...
Fairchild Corp. files it reorganization plan: trustee blames downfall on bad top management.
July 9, 1990... Fairchild Corp. files its reorganization plan
Trustee blames downfall on bad top management
In a bankruptcy reorganization plan filed last week, the court-appointed trustee for Fairchild Aircraft Corp. blames the failure of the...
Creditors attempt to force bankruptcy on Crestview. (Crestview Aerospace Corp., subsidiary of Fairchild Aircraft Corp.)
July 9, 1990... Creditors attempt to force bankruptcy on Crestview
Creditors of Crestview Aerospace Corp. of Florida, the largest subsidiary of local Fairchild Aircraft Corp., are trying to force Crestview into involuntary Chapter 11 bankruptcy.
...
Feds target VIA in pending investigation: private charter firms accuse city's mass transit system of unfair practices. (San Antonio's VIA Metropolitan Transit Authority)
July 9, 1990... Feds target VIA in pending investigation
Private charter firms accuse city's mass transit system of unfair practices
San Antonio's VIA Metropolitan Transit Authority is the target of a pending investigation by the U.S. Department of...
Local family-controlled firm gains majority share of Exploration Co. (Spectrum Resources Inc.)
July 9, 1990... Local family-controlled firm gains majority share of Exploration Co.
Spectrum Resources Inc. of San Antonio has agreed to buy a block of Exploration Co. stock to give it majority control of the local oil and gas producer.
Spectrum, a...
Martin, Drought loses RTC work because of conflict of interest rule. (Martin, Drought and Torres, Resolution Trust Corp.)
July 9, 1990... Martin, Drought loses RTC work because of conflict of interest rule
San Antonio's 17th-largest law firm, Martin, Drought & Torres, lost its financial institution work for the Resolution Trust Corp. last month after the agency declared the...
Local insurance firm buys Houston company in largest purchase to date. (Western Reinsurance Co., Great Southwestern Life Insurance Co.)
July 9, 1990... Local insurance firm buys Houston company in largest purchase to date
In its largest purchase to date, local Western Reinsurance Co. this week acquired a Houston-based life insurance company, a top official has confirmed.
Ronald R....
Recent auction brings no takers for Datapoint property.
July 9, 1990... Recent auction brings no takers for Datapoint property
After years on the market and an elaborate effort to auction it off, a large tract of land where Datapoint Corp. once planned its headquarters still has not sold.
Two weeks ago,...
Dallas insurer cuts agencies statewide. (Republic Insurance Group)
July 9, 1990... Dallas insurer cuts agencies statewide
Republic Insurance Group of Dallas will cut nearly half of its agents statewide -- including several in San Antonio -- in a move designed to regain profitability.
Republic Insurance is a...
Phone pirates: thieves begin to steal WATS codes. (Special Report: Office Technology Equipment)
July 9, 1990... Phone pirates
Thieves begin to steal WATS codes
Long-distance telecommunication companies hope that customer education will stop the latest rash of long-distance fraud.
Investigators, meanwhile, are not waiting for the problem...
Performance Technology to sell its products in retail stores in Canada. (Special Report: Office Technology Equipment)
July 9, 1990... Performance Technology to sell its products in retail stores in Canada
Performance Technology Inc., a San Antonio computer software development firm specializing in local area network products, will enter the retail sales market in August....
Local firm specializes in software for doctor's practices. (Med-Systems) (Special Report: Office Technology Equipment) (company profile)
July 9, 1990... Local firm specializes in software for doctor's practices
Specializing in computers and software for physicians' offices has earned Norman McNair Jr. his share of downfalls. Recently, for example, he attempted to expand his business with a...
Jeffrey Farver. (People on the move)
July 9, 1990... Jeffrey Farver was named president and chief executive officer for San Antonio Federal Credit Union, succeeding Otis Parchman Jr., who recently resigned.
He previously was president and CEO of Chattanooga TVA Credit Union. Farver has 19...
Alan Pyle. (People on the move)
July 9, 1990... Alan Pyle was named president, and Michael Seitze was promoted to vice president and secretary/treasurer of Steelhead Inc., a San Antonio manufacturer of water bottling systems.
Pyle joined the company in 1986 as a design and operations...
Study accuses Texas lenders of 'redlining': banks, thrifts failed to lend to minorities, research center determines. (Southern Finance Project report, savings and loan associations)
July 2, 1990... Study accuses Texas lenders of `redlining'
Texas lenders who received billions of dollars in federal assistance to take over insolvent banks and thrifts in the San Antonio area have failed miserably in lending to minority and racially...
New $15 million building planned in Medical Center. (Texas Neurosciences Institute, San Antonio)
July 2, 1990... New $15 million building planned in Medical Center
Southwest Texas Methodist Hospital and Trammell Crow Co. recently signed a joint venture agreement to build and operate a $15 million medical office building adjacent to the hospital.
...
Light's Loteria may seem like a game, but it's a serious business. (San Antonio Light, newspapers, Loteria lottery game)
July 2, 1990... Light's Loteria may seem like a game, but it's a serious business
The San Antonio Light might promote its popular Loteria game as a way for readers to have lots of fun and make easy money, but behind the scenes, it's a serious, top-secret...
Benson puts Kelly Bank up for sale in unusual move. (Tom Benson, Kelly Field National Bank)
July 2, 1990... Benson puts Kelly Bank up for sale in unusual move
Sports and financial magnate Tom Benson has hired a Texas investment firm to seek buyers for his most profitable San Antonio financial institution, Kelly Field National Bank.
For more...
Research foundation lures R&D director with pledge of funds. (Texas Research and Technology Foundation, research and development, J. Lawrence Fox)
July 2, 1990... Research foundation lures R&D director with pledge of funds
The Texas Research and Technology Foundation has ended an international search for the director of a newly formed research and development division. All it took was a pledge by two...
Lawyer's pawnshop chain to make $6.9 million public stock offering. (Stanley Rosenberg, Express Cash International Corp.)
July 2, 1990... Lawyer's pawnshop chain to make $6.9 million public stock offering
A company owned by local lawyer Stanley Rosenberg plans to launch a $6.9 million stock offering to take public the Express Pawn shop chain.
Proceeds from the stock...
USAA's real estate arm purchases industrial complex for $45 million. (USAA Real Estate Co., Blackhawk Center, Chicago)
July 2, 1990... USAA's real estate arm purchases industrial complex for $45 million
Local insurance giant USAA has purchased an industrial center in Chicago for more than $45 million.
The insurance company's real estate arm, USAA Real Estate Co.,...
Firm buys apartments using controversial bond program. (Prime Group Inc., Sun Rise Apartments, Cape-Cod Apartments, San Antonio, tax-exempt bonds)
July 2, 1990... Firm buys apartments using controversial bond program
Through an innovative but controversial financing package offered by the San Antonio Housing Authority, a Chicago real estate firm has increased its ownership of low-income properties...
Anderson Advertising loses NBC account. (National Bancshares Corp.)
July 2, 1990... Anderson Advertising loses NBC account
The moment NCNB Texas National Bank took control of nine National Bancshares Corp. banks in South Texas, San Antonio advertising agency Anderson Advertising Inc. lost a $3 million account.
"We...
NBC's unsuccessful suitor faces big losses. (National Bancshares Corp., Equimark Corp.) (company profile)
July 2, 1990... NBC's unsuccessful suitor faces big losses
Since the collapse of Equimark Corp.'s proposed deal to take over this city's second-largest bank holding corporation, the Pittsburgh company has cut its staff and suffered heavy financial losses....
Buchanan, Cosniac battle heats up over Big Bend location. (Robert Buchanan, Joe Cosniac, Big Bend Restaurant location, San Antonio)
July 2, 1990... Buchanan, Cosniac battle heats up over Big Bend location
Restaurateur Robert Buchanan's legal battle to keep his Big Bend Restaurant in its prime location in the Losoya Building downtown has grown even more heated in recent weeks.
In...