The Battalion. (College Station, Tex.) 1893-current, August 14, 1985, Image 5

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    moN
£
Wednesday, August 14, 1985/The Battalion/Page 5
m
^MILyCANEKiS
)ilverad(
ief ready tofiNt
nde of your ft
Two Dallas companies file
under new bankruptcy laws
Mm
f co~~m ;
i>3n-o Oua.C^«ii
jwia—cOnfcm ^
SUMMER '
KID SHOW
Thursday IFrift
ThU Waaki F«ui
AUDINANC
IS MAGICLA^
how BtglnilO^Cu |
Juit 25t
^omruciiui
capt Hoiidiys)
iiMJisra
HE MAIL
H:45
Saint Elmo’s Rt
O ■ ROB LOWE J
OSM
’:20-9:20
itfcTffa
Associated Press
DALLAS — Great Western Sugar
Co., the principal subsidianr of Hunt
International Resources Corp., has
assets of $177 million while its liabili
ties exceed $201 million, according
to documents filed in bankruptcy
court.
Great Western and Hunt Interna
tional have filed for reorganization
under Chapter 11 of the federal
bankruptcy laws.
Hunt International, once a major
holding of brothers Nelson Bunker
and WT Herbert Hunt of Dallas, has
filed schedules showing it owes $175
million.
The total debt of Hunt Interna
tional and its subsidiaries, a contract
drilling company, Offshore Invest
ments Ltd., is about $400 million,
according to records.
At its peak, Hunt International
was involved in real estate devel
opment, retail food business, oil and
gas exploration and development,
contract drilling, precious metals in
vestments and the production of
sugar and related products.
Schedules filed Monday show that
Great Western had a secured debt of
$151.7 million when it filed for
bankruptcy March 7.
The schedules show the secured
total included $66.6 million owed to
three banks and nearly $82.6 million
to the Commodity Credit Corp., a
federal agency engaged in agricultu
ral lending.
Great Western has reduced its
bank debt by $21.5 million since the
bankruptcy filing, documents show.
The debt to Commodity Credit
Corp. was reduced by $38.3 million
through the sale of six of its 13 sugar
beet refineries, records reveal.
Former employees of Great West
ern as well as the farmers who sup-
E lied the company with sugar beets
old many of the $45.6 million in
unsecured claims, according to re
cords.
The major assets of Great West-
nar
of
tcy filim
112.8 mil
ern as ot the bankru;
March 7 included about
lion in inventory and real property,
g iant and equipment, records show.
ome of the sugar stocks have been
sold and the proceeds paid to the
Commodity Credit Corp., according
to the court documents.
AIDS stirs unrest in nation’s prisons
33*4*1
fUKD cwm
tfntnrrpicrumflj
HERMAN
vv's
✓iVTOfo
fa
ian
8
p.m.
• m
5, includ-
kitchen
fd.
Associated Press
NEW YORK — A prisoner with
AIDS spits at a guard. Another
guard refuses to search inmates be
cause he fears catching the deadly
syndrome.
In prisons around the nation,
AIDS is causing unrest, confusion
and fear.
A survey of state and federal
risen systems by The Associated
ress found widely varying policies
for dealing with prisoners with
AIDS, and in some cases no proce
dures at all.
Most prison officials said AIDS is
not widespread behind bars. How
ever, routine testing for the deadly
syndrome is rare, so it is impossible
to know how many inmates have
been exposed to AIDS.
Prisons hold many drug abusers,
one of the groups most at risk of de
veloping AIDS. Homosexual en
counters are also a factor.
In New York, where most of the
prison AIDS cases have been diag
nosed, “about two-thirds of inmates
with AIDS admit to being drug abus
ers, and about the other third is ho
mosexual,” said James Plateau, a
corrections department spokesman.
There is no evidence that AIDS,
which cripples the immune system,
can be spread by casual contact. Sex
ual contact, sharing of contaminated
needles and receiving transfusions
of contaminated blood or blood
products have been linked to trans
mission of AIDS.
Misinformation and fear abound,
however. In most cases, the prisoner
with AIDS is segregated in an isola
tion cell or in a hospital.
Routine testing for AIDS is gener
ally rejected by prison officials as un
necessary.
The initial test determines only if
the person had been exposed to the
virus thought to cause AIDS. An ad
ditional test, more difficult and
costly, is needed to determine if the
person is actually carrying the virus.
DEADLINE!
Faculty advisors and students
should make sure that their student
organizations are participating in
4r MSC OPEN HOUSE #
4-8 p.m. Sept. 8,1985
MSC Open House is the four hour
showcase of over 100 student orga
nizations. It traditionally has been
the best way to recruit new mem
bers. Make sure your group is reg
istered before the August 15 dead
line. Applications are available in
room 216 of the MSC.
For more information, call Chris Bowers,
Open House chairman, at 693-9171 or Terri
Marsaw, program advisor, at 845-1515.
POT’
Pays Cash Kir Used Books !
LOUPOT'S BOOKSTORE • AT NORTHGATE • 335 UNIVERSITY DR. • 846-6312
COLLEGE STATION, TX. 77840
NAUTILUS I IST
& COURT WLUD
SERVING AGGIES SINCE 1978
• nautilus equipment • free weights
• racquetball/handball courts
• aerobics plus! exercise classes
• locker rooms with private saunas & whirlpools
• juice bar • pro shop • mezzanine lounge
•Solaire tanning bed
Why settle for less we have it ail!
903 Harvey Road
College Station
693-4684
SEMESTER
MEMBERSHIPS
$49
Daytime Special
$89
Full Time Use
Open 7 Days a Week
AGGIES
GET THE WHOjLE PICTURE
When you subscribe to McCaw Cablevision you set 24 hour-a-day
entertainment, first run movies, sports specials, up-to-the-minute
news and more, for as little as 45*1 a day.
Sign up now at one of these
two satellite locations!
Woodstone Shopping Center Memorial Student Center
913 Harvey Road, Collese Station
Monday-Friday 9 AM-6 PM
Aug. 12-Sept.6
Monday-Friday, 8 AM-5
Aug. 19-Sept. 6
Subscribe now for your free gift!
• Sign up for the Movie Channel and get an AM-FM radio with earphones.^
• Sign up for Cinemax and get a painter's cap.
Offer valid only at the two locations listed above. Quantities are limited.
i
\
r