Friday, September 12, 1986/The Battalion/Page 7
Warped
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...BUT ITS /A1
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A PICTURE. OF
M BUTT ON
IT... PAUL..
C'MO//,
LETS 5EE
A MOVIE.
TAKE YOUR
MINP OFF
IT.
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SEE 70UR STUDENT
I.D.'5 FOR THE
STUDENT DISCOUNT?
by Scott McCullar
Waldo
by Kevin Thomas
I'M GOIVS TO GRADUATE NEXT
may with a degree in
accounting, and START my
career WITH A 4AA6E CONPANT.
I Wia MtrfT MY FUTURE
HUSBAND IN AUGUST, AA/0 WE2i
Bf MARRIED AFTER two TEARS
OF DATING. WE’LL HAVE 3 KIDS,
TWO BOTS AMD A GIRL, AND
PUT them through COLLEGE.
/
Appeals court sends
Hunts back to Dallas
Inspections
to be held
atZachry
By Olivier Uyttebrouck
Staff Writer
In the wake of the Sunday
theft of two key rings from the
Zachry Engineering Center, a se
curity company will be inspecting
packages belonging to people
leaving the building in the eve
nings, says Bob Wiatt, director of
security and traffic.
James Hebert, president of
Professional Security Services,
says that his firm was hired by the
College of Engineering to con
duct tne inspections until the nec
essary lock changes are com
pleted. University officials could
make no estimate how long the
lock changes will take.
Wiatt made it clear to Hebert
Thursday that* the guards could
only visually inspect belongings,
and could not legally touch be
longings or detain anyone.
NEW ORLEANS (AP) — The bil
lionaire Hunt brothers, fighting to
keep 23 banks from foreclosing on
$1.5 billion of their property, lost a
round in the battle Thursday when a
federal appeals court moved their
bankruptcy cases to Dallas.
The Hunts had wanted to keep
Chapter 11 bankruptcy proceedings
in New Orleans, where tney filed pe
titions on Aug 29. But the banks’ at
torneys argued to the 5th U.S. Cir
cuit Court of Appeals that the Hunts
were trying to complicate an already
complicated case.
“The game isn’t to win,” said at
torney Melvyn Cantor, representing
Manufacturers Hanover Trust.
“The game is to spread things out.”
In ruling that the Hunts must
transfer the Chapter 11 case to Dal
las, the 5th Circuit upheld an earlier
order by U.S. District Judge Bare
foot Sanders of Dallas.
The Hunts attended the Thurs
day morning hearing and left imme
diately thereafter for Dallas without
commenting.
The ruling marked the latest skir
mish in a complicated series of fi
nancial and legal battles pitting Wil
liam Herbert Hunt, Nelson Bunker
Hunt and Lamar Hunt — three sons
of the late oil tycoon H.L. Hunt —
against the 23 banks.
The banks are apparently ready
to foreclose on about $1.5 billion of
property owned by the Hunt broth
ers.
The Hunts, meanwhile, have sued
the banks for $14 billion, claiming
the banks conspired to drive them
out of business.
To guard against foreclosure,
three of the Hunts’ business interests
— Placid Oil, a Placid subsidiary and
a personal trust of William Herbert
Hunt — filed for protection from
creditors under Chapter 11 of the
federal bankruptcy code. They filed
in New Orleans, but Sanders said
that violated an earlier ruling he is
sued ordering lawyers involved in
the Hunt legal battles to file any re
lated suits in Dallas.
The Hunts argued that most of
the assets of Placid Oil are in Loui
siana.
\aggi
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