San Antonio Business Journal articles from September 1990

San Antonio Business Journal archives from September 1990

Another new owner for Fountain Plaza? (Fountain Plaza Hotel, San Antonio, Texas)
September 24, 1990... Another new owner for Fountain Plaza? The Fountain Plaza Hotel on Northeast Loop 410 is for sale and may soon have a new owner. Metropolitan Life Insurance Co., the owner of the luxury Fountain Plaza, is now "marketing the hotel,"...

Sonterra owner bargains for Tapatio club. (Sonterra Country Club, San Antonio, Texas, Kiyonori Higa, Tapatio Springs Golf Club and Resort, Boerne, Texas)
September 24, 1990... Sonterra owner bargains for Tapatio club Two investors -- including the Japanese businessman who purchased the local Sonterra Country Club in April -- were negotiating late Wednesday night to buy Tapatio Springs Golf Club & Resort near...

Former Al Copeland executive sues chicken chain for $12 million. (Al Copeland Enterprises Inc., George Samaras)
September 24, 1990... Former Al Copeland executive sues chicken chain for $12 million A former top official at the company that pulled off a hostile takeover of San Antonio-based Church's Fried Chicken Inc. is suing his ex-employer for $12 million. George...

New Fiesta Texas environment report reveals park's plans.
September 24, 1990... New Fiesta Texas environment report reveals park's plans Fiesta Texas has received tentative approval from state regulators to proceed with its plans to include chemical-storage equipment in construction over the city's sole source of...

Abraxas consolidates partnerships; year-end public trading scheduled. (Abraxas Petroleum Corp. of San Antonio, 23 Texas, Pennsylvania partnerships, merged into Abraxas Petroleum Corp.)
September 24, 1990... Abraxas consolidates partnerships; year-end public trading scheduled Abraxas Petroleum Corp. of San Antonio is reorganizing to consolidate with 23 Texas and Pennsylvania partnerships to form a merged company with energy reserves valued at...

Old Swift meat plant demolished to attract land buyers. (Swift Independent Packing Co. building, San Antonio, Texas)
September 24, 1990... Old Swift meat plant demolished to attract land buyers After spending more than two years trying to sell their local property, officials with the corporate parent of the Swift Independent Packing Co. are tearing down their San Antonio...

Marriott Riverwalk hires new hotel manager from Washington, D.C. (Marriott Riverwalk Hotel, San Antonio, Texas, Steve Lundgren)
September 24, 1990... Marriott Riverwalk hires new hotel manager from Washington, D.C. The Marriott Riverwalk Hotel, San Antonio's third-largest hotel, recently got a new general manager from its parent company, Marriott Corp. in Washington, D.C. Steve...

Alamo Cafe officials set to open new restaurant on site of old Gallagher's. (Al & Mo's restaurant, San Antonio, Texas)
September 24, 1990... Alamo Cafe officials set to open new restaurant on site of old Gallagher's A bar and grill style-restaurant called Al & Mo's will open on the rambling site of the former Gallagher's Restaurant on I-10 West early next year. Al & Mo's...

Control Data Corp. goes to court to dissolve partnership with Omni. (Control Data Business and Technology Center, Omni Enterprises)
September 24, 1990... Control Data Corp. goes to court to dissolve partnership with Omni Downtown's Control Data Business and Technology Center, the city's only "incubator" of small businesses, now lies at the center of a legal battle between the partners who...

Harbord Midtown goes Chapter 11. (Harbord Midtown Properties Ltd.)
September 24, 1990... Harbord Midtown goes Chapter 11 Harbord Midtown Properties Ltd., a real estate firm based in Dallas with nearly $70 million worth of real estate there and in San Antonio, filed for Chapter 11 reorganization in local bankruptcy court on...

Geologists ignore skeptics, claim Kerr Basin ripe for oil exploration. (Cash Flow Exploration Inc., Kerr Basin area, Texas)
September 24, 1990... Geologists ignore skeptics, claim Kerr Basin ripe for oil exploration Frustrated by the lack of interest in oil and gas exploration outside of the Austin Chalk, a handful of oil industry professionals are pushing for increased drilling...

Soft Warehouse gains contract. (Dell Computer Corp. marketing contract)
September 24, 1990... Soft Warehouse gains contract Dell Computer Corp. of Austin has granted exclusive retail rights on its line of personal computers to Soft Warehouse. Dell sells a full line of 11 laptop, desktop and deskside personal computers. Soft...

Fees paid to NCNB expected to hit $4.5 billion by 1992. (Federal Deposit Insurance Corp. costs for transfer of failed First REpublicBank Corp. to NCNB Corp.)
September 24, 1990... Fees paid to NCNB expected to hit $4.5 billion by 1992 The government's tab for closing failed First RepublicBank Corp. and transferring it to Charlotte, N.C.-based NCNB Corp. two years ago is expected to top at least $4.5 billion,...

Texas Monthly Inc.: publications quarrel over logo. (Texas Monthly Inc. sues Houston Metropolitan Magazine) (South Texas Regional News)
September 24, 1990... TEXAS MONTHLY INC. Publications quarrel over logo Texas Monthly heads to federal court Sept. 26 in a dispute with Houston Metropolitan Magazine over the Houston publication's new logo. Texas Monthly Inc., which is based in...

Rocanville Corp.: feds agree to pay up. (United States. Board of Reclamation) (South Texas Regional News)
September 24, 1990... ROCANVILLE CORP. Feds agree to pay up A dispute over a South Texas oil and gas lease condemned by the federal government has finally ended with the lease's owner winning a $2.5 million settlement. Rocanville Corp., which owns...

Parallel Petroleum Corp.: crisis makes new wells gushers. (Kuwait-Iraq Conflict, 1990) (South Texas Regional News)
September 24, 1990... PARALLEL PETROLEUM CORP. Crisis makes new wells gushers The crisis in the Persian Gulf has created an unanticipated benefit for some oil and gas wells south of San Antonio. After Iraq's invasion of Kuwait, three wells brought in...

Thomas David Van Blaricum. (sentenced for securities felony) (South Texas Regional News)
September 24, 1990... THOMAS DAVID VAN BLARICUM Securities board issues stiff order A convicted felon who applied for a securities license while he was on probation has become the first man sentenced under some tough new penalties for lying to state...

Night Hawk Restaurant: Austin landmark closes. (Austin, Texas) (South Texas Regional News)
September 24, 1990... NIGHT HAWK RESTAURANT Austin landmark closes The Night Hawk Restaurant, the first of a small chain of restaurants in Austin and the source of a line of frozen foods by the same name, closed its doors earlier this month after 58...

Citizens National Bank.: feds fold Kerrville bank. (Citizens National Bank of Kerrville, Federal Deposit Insurance Corp.) (South Texas Regional News)
September 24, 1990... CITIZENS NATIONAL BANK Feds fold Kerrville bank Citizens National Bank of Kerrville has closed its vault doors for the last time. Federal regulators say nobody even bothered to bid on the troubled bank. So the Federal Deposit...

Marine Spill Response Corp. (to locate cleanup centers in Corpus Christi, Galveston, Texas) (South Texas Regional News)
September 24, 1990... MARINE SPILL RESPONSE CORP. Corpus gains spill cleanup site The newly formed Marine Spill Response Corp., funded with dues paid by oil company members, will locate two of its coastal cleanup centers in Corpus Christi and Galveston....

Westlake Realty Corp. (Contracts Awarded)
September 24, 1990... Westlake Realty Corp. has been selected as the exclusive management and leasing representative for Terrell Park Plaza located at 6950 S. Sunbelt.

The Saxon Corp. (Federal Contracts Awarded)
September 24, 1990... The Saxon Corp. repair pumps and compressors $1,083,630 Robins AFB, Georgia 9/5/90

Cato Electric Co. (Federal Contracts Awarded)
September 24, 1990... Cato Electric Co. upgrade substation feeders and supporters at Fort Hood $38,699 U.S. Army Engineer 9/5/90

Fencecrete America Inc. (Federal Contracts Awarded)
September 24, 1990... Fencecrete America Inc. provide and install concrete fence $32,597.50 Lackland AFB 9/5/90

United Electric Contractors Inc. (Federal Contracts Awarded)
September 24, 1990... United Electric Contractors Inc. replace air handlers at Wilford Hall Medical Center $199,667 Lackland AFB

Alamo Aircraft Supply. (Federal Contracts Awarded)
September 24, 1990... Alamo Aircraft Supply 103 cylinders $74,510 Kelly AFB 9/6/90

Bule Forest Products. (Federal Contracts Awarded)
September 24, 1990... Buie Forest Products plywood, softwood construction $36,355.56 Defense Construction Supply Center, Columbus, Ohio 9/6/90 Buie Forest Products plywood, softwood construction $32,084 Defense Construction Supply Center, Columbus, Ohio 9/6/90

Technical Concepts Corp. (Federal Contracts Awarded)
September 24, 1990... Technical Concepts Corp. TCC Jupiter 9000 Data Comm. $191,171 Kelly AFB 9/10/90

Sea World cutbacks, layoffs trouble local officials. (Sea World of Texas Inc., Bexar County, Texas)
September 17, 1990... Sea World cutbacks, layoffs trouble local officials Park reaps tax benefits as returns to city drop Sea World of Texas' recent announcement of massive cutbacks in operations and employee layoffs has some public officials wondering if...

Act III expands with purchase of former Rand theatre. (Act III Theatres Inc., Rand Theatre, San Antonio, Texas)
September 17, 1990... Act III expands with purchase of former Rand theater Act III Theaters has tightened its grip on the local movie market with its purchase of a former Rand Theater on the city's North Central side. Sources close to the transaction say...

Mideast crisis a boon for local energy firms. (Kuwait-Iraq Conflict, 1990, San Antonio, Texas, securities)
September 17, 1990... Mideast crisis a boon for local energy firms The crisis in the Middle East following Iraq's invasion of Kuwait has led to substantially higher profit projections for three of San Antonio's largest public companies. Earnings estimates...

Texas real estate woes force local office of Canadian firm to cut staff. (Western Properties Texas Limited Inc.)
September 17, 1990... Texas real estate woes force local office of Canadian firm to cut staff Western Properties (Texas) Limited Inc., a Canadian-based real estate firm with $20 million worth of local investments, is scaling back its operations here. ...

Connelly sues Henry S. Miller Co. alleging unfair arbitration process. (Joanne S. Connelly, Henry S. Miller/Grubb and Ellis)
September 17, 1990... Connelly sues Henry S. Miller Co. alleging unfair arbitration process Joanne S. Connelly, head of the office buildings division of San Antonio's largest commercial real estate firm, Henry S. Miller Co., Realtors, recently sued her employer...

Austin Chalk area boom spouting profits for South Texas Drilling. (Austin Chalk region, Texas, South Texas Drilling and Exploration Inc., earnings)
September 17, 1990... Austin Chalk area boom spouting profits for South Texas Drilling Ending eight straight years of losses, South Texas Drilling & Exploration Inc. of San Antonio has returned to profitability as a result of the horizontal drilling boom in the...

Brothers sue International Bank to prevent arbitration. (Frank and Daniel Sitterle's Sitterle Fast Foods Inc., International Bank of Commerce, forced repayment of bank loan)
September 17, 1990... Brothers sue International Bank to prevent arbitration Brothers Frank and Daniel Sitterle recently sued one of their lenders, International Bank of Commerce, for allegedly forcing them to repay the balance of a $1 million loan they obtained...

Riverside inn thriving. (Bed and Breakfast on the River, hotel, King William Historic District, San Antonio, Texas) (company profile)
September 17, 1990... Riverside inn thriving For local dentist Arthur Darling Zucht III, transforming a 100-year-old, ramshackle house along the San Antonio River near the King William Historic District into a small inn was no mean feat. When Zucht bought...

Ross Technology: Soviets OK computer chip deal. (South Texas Regional News)
September 17, 1990... ROSS TECHNOLOGY Soviets OK computer chip deal Austin-based Ross Technology has signed a preliminary agreement with Soviet Union officials to develop and market nine Soviet computer chip designs that initially were intended for space...

Wainoco Oil Corp.: Dimmit oil well first of four. (Dimmit County, Texas) (South Texas Regional News)
September 17, 1990... WAINOCO OIL CORP. Dimmit oil well the first of four Houston-based Wainoco Oil Corp. brought in the first of four horizontal oil and gas wells planned for the strike area located on a 3,800-acre lease in Dimmit County. The well,...

First State Bank and Trust: Bay City becomes new branch. (First State Bank and Trust of Port Lavaca, Texas, Bay City Bank, acquisition) (South Texas Regional News)
September 17, 1990... FIRST STATE BANK AND TRUST Bay City becomes new branch First State Bank and Trust of Port Lavaca assumed the deposits and some assets of Bay City Bank. As part of the FDIC-assisted transaction, First State will make the Bay City...

URCARCO Inc.: used vehicle sales rise. (South Texas Regional News)
September 17, 1990... URCARCO INC. Used vehicle sales show rise Fort Worth-based URCARCO Inc., a chain of used car dealerships with operations in the South Texas cities of San Antonio and Austin, reported a 120 percent jump in sales last month over the...

American Shoreline Inc.: Corpus partners seek Aussie gas. (Perth, Australia oil and gas exploration) (South Texas Regional News)
September 17, 1990... AMERICAN SHORELINE INC. Corpus partners seek Aussie gas An oil and gas exploration and production partnership from Corpus Christi has received approval to explore 400,000 acres of Western Australia for its first foreign venture. ...

Groce, Locke restructures for the '90s; expands client base. (Groce, Locke and Hebdon) (Special Report: Legal Services/Accounting) (company profile)
September 17, 1990... Groce, Locke restructures for the '90s; expands client base Armed with five-year plan, law firm boosts staff numbers, soars to number one spot in San Antonio The San Antonio law firm Groce, Locke & Hebdon Inc. has grown by more than 50...

Texas banks beef up their in-house legal staffs to save time and money. (Special Report: Legal Services/Accounting)
September 17, 1990... Texas banks beef up their in-house legal staffs to save time and money The biggest bank holding companies in Texas are now leading a push to bring more lawyers into the banking business. Financial institutions, faced with more...

Former Spur starts display company. (San Antonio Spurs, basketball club, Coby Dietrick, Exposure Display Systems Inc. distributorship) (Special Report: Legal Services/Accounting) (company profile)
September 17, 1990... Former Spur starts display company Former San Antonio Spurs basketball player Coby Dietrick, who last November opened a retail store selling specialty chairs and other back-pampering products, is now getting into the convention display...

Brewing up some legal hocus-pocus. (Baker and Botts employs magician Peter Studebaker to help recruit lawyers) (Special Report: Legal Services/Accounting)
September 17, 1990... Brewing up some legal hocus-pocus Houston law firm Baker & Botts, which has a San Antonio branch, is pulling a few tricks to recruit top-flight lawyers. The firm is using Dallas magician Peter Studebaker to entertain prospective...

Emily Morgan Hotel. (changes name to Alamo Plaza Hotel, San Antonio)
September 17, 1990... The Emily Morgan Hotel has changed its name to Alamo Plaza Hotel. This name change better defines the historical location of the hotel as it relates to the newly renovated Alamo Plaza.

S&C Advertising & Public Relations. (awarded Porter Co. advertising contract)
September 17, 1990... S&C Advertising & Public Relations was hired by the Porter Co., a national industrial sign manufacturer based in New Braunfels, to develop and implement an ongoing national promotional program.

Valero Natural Gas Partners L.P. (earnings)
September 17, 1990... Valero Natural Gas Partners L.P. reported a net income for the second quarter of 1990 at 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 of...

Signtech to move corporate offices here. (San Antonio, Texas)
September 10, 1990... Signtech to move corporate offices here Signtech Inc., a Canadian public company with $30 million in annual sales, is moving its headquarters and most of its employees here. Last June, the specialty sign maker opened a...

Christian tee shop serves up gospel. (His Tees, T-shirts) (company profile)
September 10, 1990... Christian tee shop serves up gospel At His Tees, a newly opened T-shirt shop at Crossroads Mall, shoppers can browse both for sportswear and salvation. His Tees is San Antonio's only Christian T-shirt store and, in the words of...

Two Rosenberg partnerships file for Chapter 11. (Stanley Rosenberg, MRD Joint Venture, Culebra/1686 Ltd.)
September 10, 1990... Two Rosenberg partnerships file for Chapter 11 Two real estate partnerships involving Stanley Rosenberg filed for Chapter 11 reorganization in U.S. Bankruptcy Court in San Antonio last week. The partnerships' financial troubles...

New L.A. bidder for sick Fairchild Aircraft emerges. (Los Angeles, California, Futuristic Acquisition Inc.)
September 10, 1990... New L.A. bidder for sick Fairchild Aircraft emerges A Los Angeles acquisition company has surfaced as a bidder to purchase financially ailing Fairchild Aircraft Inc. Futuristic Acquisition Inc. submitted a proposal to purchase the...

National meatpacking firm works with city to fill Midwest job slots. (International Beef Processors Inc., San Antonio, Texas)
September 10, 1990... National meatpacking firm works with city to fill Midwest job slots The world's largest meatpacking firm is hoping to lure displaced workers of the defunct Roegelein Co. to the Midwest. Officials of International Beef Processors Inc....

Colin Medical signs marketing deal; plans October move to new facility. (Colin Medical Instruments Inc., University Research Park manufacturing plant, San Antonio, Texas)
September 10, 1990... Colin Medical signs marketing deal; plans October move to new facility Colin Medical Instruments Inc. finally is moving into its new University Research Park manufacturing plant on the heels of signing a $2 million marketing deal with a...

Local women-controlled law firm gains new partner; changes its name. (San Antonio, Texas, Habbeshaw & Kalmans, Helen Schwartz, Habbeshaw, Kalmans & Schwartz)
September 10, 1990... Local women-controlled law firm gains new partner; changes its name Local women-owned law firm Habbeshaw & Kalmans has taken on a new name partner, changing the firm's name in the process. Helen Schwartz, formerly a special assets...

Golf cap maker adds 150 workers; searches for larger West Side plant. (Texace Corp., San Antonio, Texas area) (company profile)
September 10, 1990... Golf cap maker adds 150 workers; searches for larger West Side plant Rapid growth at Texace Corp. of San Antonio, including an addition of 150 employees in the last 12 months, has spurred an expansion of the company's West Side plant and...

Thompson-Marince plans merger. (Thompson-Marince Advertising, Miller O'Neill)
September 10, 1990... Thompson-Marince plans merger Thompson-Marince Advertising Inc., San Antonio's second-largest ad agency, soon will merge with a Houston firm. Two weeks ago, Thompson-Marince signed a letter of intent to join forces with the Miller...

Insurer relocates to smaller offices. (Crum & Forster Inc.)
September 10, 1990... Insurer relocates to smaller offices Beleaguered Crum & Forsher Commercial Insurance has reduced the size of its local office, leasing space at a virtually empty building on the city's North Central side, officials said. The property...

Pan Am Distributing sues supplier for $6.8 million; alleges price fixing. (Owens-Corning Fiberglas Corp., Dallas Wholesale Builders Supply)
September 10, 1990... Pan Am Distributing sues supplier for $6.8 million; alleges price fixing A local distributor of construction products recently sued its large, national supplier for allegedly trying to squeeze the distributor out of the San Antonio and...

Building owners file for Chapter 11. (Staacke-Stevens Building, Albert Maverick Building, San Antonio, Texas, Staacke 1894, HPR Investments)
September 10, 1990... Building owners file for Chapter 11 Two San Antonio partnerships that own historic downtown office buildings sought the shelter of bankruptcy court last week after their primary lender posted the properties for foreclosure. Both...

American Biodyne bids to provide military health benefits. (Civilian Health and Medical Program of the Uniformed Services contract)
September 10, 1990... American Biodyne bids to provide military health benefits A California-based mental health services company, with a center in San Antonio since January, has submitted a bid for an exclusive federal contract to provide mental health services...

Local ad firm helps name change. (Anderson Advertising Inc., Corpus Christi National Bank advertising contract, change from MBank Corpus Christi name)
September 10, 1990... Local ad firm helps name change MBank Corpus Christi picked Anderson Advertising Inc. of San Antonio to handle its $500,000 ad account. Anderson beat out other Alamo City agency Taylor-Christian, Pettus Advertising of Corpus Christi...

Firm reports revenues. (Texas Vanguard Oil Co., financial results)
September 10, 1990... Firm reports revenues Austin-based Texas Vanguard Oil Co. recently posted record revenues for the second quarter of 1990, mostly because of premier property acquisitions it has made in the booming Austin Chalk area of South Texas and...

Comptroller closes Austin bank. (Texas. Office of the Comptroller, Austin, Texas, Security National Bank)
September 10, 1990... Comptroller closes Austin bank The Office of the Comptroller of the Currency declared $16.6 million Security National Bank in Austin insolvent on Aug. 30 and closed its doors. The Federal Deposit Insurance Corp. approved the assumption...

Xytronics Inc. (sales statistics)
September 10, 1990... Earnings and dividends Xytronics Inc. has reported sales in June of $927,000, which exceeds March sales totals by $30,000. Xytronics' contracts for electronic contract manufacturing reflect an approximate 45 percent increase over last...

Weird rumors about Church's revealed. (Church's Fried Chicken Inc. lawsuit)
September 3, 1990... Weird rumors about Church's revealed A three-week trial in San Antonio involving Church's Fried Chicken Inc. and one of its Denver franchisees, Front Range Investments L.P. and Robert McNeely, ended without much fanfare. The jury found...

NCNB Texas holds 106 local properties worth $130 million. (NCNB Texas National Bank)
September 3, 1990... NCNB Texas holds 106 local properties worth $130 million NCNB Texas National Bank, San Antonio's largest bank, owns $130 million worth of local property it is trying to sell through its Special Asset Division, Financial Resource Management...

Computer firm ends year with $25 million sales and new name. (Grammco Computer Sales Inc., TechSys Capital Inc.)
September 3, 1990... Computer firm ends year with $25 million sales and new name Grammco Computer Sales Inc. of San Antonio will end its fiscal year this month with a record $25 million in sales, a new slate of executive officers and a new company name. ...

Trust firm takes American Century to court over indenture trustee fees. (United States Trust Co.)
September 3, 1990... Trust firm takes American Century to court over indenture trustee fees A major New York trust corporation is battling local public company American Century Corp. in federal court to recover expenses it incurred while serving as an...

Law firm disqualified from case. (Fulbright & Jaworski, American Century Corp. bankruptcy case)
September 3, 1990... Law firm disqualified from case The bankruptcy reorganization of local public company American Century Corp. has been fraught with unusual circumstances. First, the bank holding company presented two entirely different merger plans -...

Hispano Southwest nabs Bank One $600,000 ad account for Hispanics. (Bank One Texas N.A., Hispanic advertising account)
September 3, 1990... Hispano Southwest nabs Bank One $600,000 ad account for Hispanics San Antonio advertising agency Hispano Southwest recently won Bank One, Texas' new, $600,000 Hispanic advertising account. The Hispanic arm of the city's secondlargest ad...

San Antonio likely to be beaten in national bid for NBC news agency. (location of National Broadcasting Company Inc. NBC News)
September 3, 1990... San Antonio likely to be beaten in national bid for NBC news agency San Antonio is a finalist for the new headquarters of the National Broadcasting Co.'s affiliate news service, but an East Coast city probably will win the coveted prize....

Former BMW Center manager eyes purchase of ailing Ford dealership. (Performance Cos.' BMW Center automobile dealership, Bob Crow, North Central Ford Sales Inc.)
September 3, 1990... Former BMW Center manager eyes purchase of ailing Ford dealership Financially troubled North Central Ford, once one of San Antonio's biggest car dealerships, is for sale, and the former manager of the BMW Center is a possible buyer. ...

New company gains foothold with purchase of Giuseppe's. (Boccone's Inc., Giuseppe's Italian Specialties restaurant, San Antonio, Texas)
September 3, 1990... New company gains foothold with purchase of Giuseppe's Boccone's Inc., a new local restaurant company, got off the ground last week when it purchased Giuseppe's Italian Specialties on Blanco Road near Cadillac Plaza. The Boccone's firm...

Former Sea World employees allege strip search on day of termination. (Harcourt Brace Jovanovich Inc.'s Sea World of Texas theme park)
September 3, 1990... Former Sea World workers allege strip search on day of termination A group of former Sea World employees that filed a $17 million wrongful termination lawsuit against the theme park and its former owner Harcourt Brace Jovanovich Inc. last...

Gold salesman surrenders night club. (Otis B. Phillips, Red Cobra Country Club, San Antonio, Texas)
September 3, 1990... Gold salesman surrenders nightclub The Red Cobra Country Club and a 1 kilogram bar of gold are scheduled for auction at a sheriff's sale Sept. 6. The assets are among those seized last Phillips and will be the first of his assets sold...

Corpus Christi bank closed by regulators. (First National Bank of Corpus Christi, Federal Deposit Insurance Corp.)
September 3, 1990... Corpus Christi bank closed by regulators Regulators closed the doors of First National Bank of Corpus Christi on Aug. 9 after declaring the bank insolvent. The Federal Deposit Insurance Corp., receiver for the bank, approved the...

WilsonSchanzer expands portfolio with Texas properties. (acquires Tower Asset Management)
September 3, 1990... WilsonSchanzer expands portfolio with Texas properties Locally based WilsonSchanzer Inc., a local property management firm, has expanded its operations by opening a Houston office and buying another company in Austin. Jill Wilson, a...

Montemayor forms consortium with four other agencies. (Montemayor y Asociados Inc., Agencias USA, advertising agencies)
September 3, 1990... Montemayor forms consortium with four other agencies Montemayor y Asociados Inc. of San Antonio is one of five Hispanic advertising agencies around the country participating in a consortium to compete for large Hispanic ad contracts. ...

Fort Worth's Hilton meeting center begins $5 million renovation project. (Dallas-Fort Worth Hilton Executive Conference Center, Grapevine, Texas) (Special Report: Commercial Real Estate)
September 3, 1990... Fort Worth's Hilton meeting center begins $5 million renovation project Work has started on a $5 million expansion and renovation project at the D/FW Hilton Executive Conference Center in Grapevine, with the first phase of construction...

Financially strong owner enables Renaissance Plaza to fill. (Aetna Life and Casualty Co., Renaissance Plaza office building, San Antonio, Texas) (Special Report: Commercial Real Estate) (company profile)
September 3, 1990... Financially strong owner enables Renaissance Plaza to fill Approaching 90 percent occupancy with steady increases since opening in 1986, the Renaissance Plaza building will soon be facing more competition in the North Central area of the...

Owner faces condemnation proceeding. (Andy and Maria Centano, land to be used for San Antonio Missions National Historical Park) (Special Report: Commercial Real Estate)
September 3, 1990... Owner faces condemnation proceeding A condemnation proceeding for property to be included as part of a national park might result in a jury trial between the United States federal government and a local landowner. The U.S. National...

Houston firm snags contract to manage SASA building. (Commercial Real Estate Associates, San Antonio Savings Association Building, office building, San Antonio, Texas) (Special Report: Commercial Real Estate)
September 3, 1990... Houston firm snags contract to manage SASA building A Houston-based firm has garnered the contract to lease and manage the former San Antonio Savings Association headquarters building on the city's Northwest side, officials said. ...

Dallas developer eyes Fort Worth's Hyatt. (Richard E. Rainwater's Rainwater Inc., Hyatt Regency Fort Worth, Texas) (Special Report: Commercial Real Estate)
September 3, 1990... Dallas developer eyes Fort Worth's Hyatt Major Dallas developer Richard E. Rainwater is pursuing an option to purchase the Hyatt Regency Fort Worth and a nearby parking garage and office building. Woodbine Realty Corp., the developer...