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Sharpstown Scandal
The Sharpstown scandal was a stock fraud scandal in the state of Texas in 1971 and 1972 involving the highest levels of the state government. The name came from the involvement of the Sharpstown area of Houston. Background The scandal revolved around Houston banker and insurance company manager Frank Sharp and his companies, the Sharpstown State Bank and the National Bankers Life Insurance Corporation (NBL). Sharp granted $600,000 in loans from his bank to state officials who would, in turn, purchase stock in National Bankers Life, to be resold later at a huge profit, after Sharp artificially inflated the company's value. One of the victims of the scandal, Strake Jesuit College Preparatory, lost $6,000,000 and a portion of the school's land following the advice of Sharp. The school bought the resold stock at $20–26 a share. Using the stock as encouragement, Sharp pushed for legislation that would benefit National Bankers Life, increasing the value of the company to its investor ...
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Gus Mutscher, Preston Smith, Lyndon Johnson, And Ben Barnes
Gus is a masculine name, often a diminutive for Angus (given name), Angus, August (name), August, Augustine (given name), Augustine, or Augustus (given name), Augustus, and other names (e.g. Aengus, Argus (other), Argus, Fergus (name), Fergus, Ghassan (given name), Ghassan, Gustav (name), Gustav, Gustav (name), Gustave, Gustafson, Gustavo, Gussie). It can also be used as the adaptation into English of the popular Greek name (of Latin origin) Kostas or Konstantinos (Constantin), especially amongst Greek immigrants in English-speaking countries, probably due to similarity in the sound. Gus may refer to: People Given name * Gus Arnheim (1897–1955), American pianist, bandleader and songwriter * Gus Edwards (vaudeville) (1878–1945), German-born American songwriter, vaudevillian and music producer, born Gustave Schmelowsky * Gus Edwards (American football) (born 1995), American football player * Gus Hall (1910–2000), longtime leader of the Communist Party USA, born Ar ...
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Abilene, Texas
Abilene ( ) is a city in Taylor and Jones Counties in Texas, United States. Its population was 125,182 at the 2020 census, making it the 27th-most populous city in the state of Texas. It is the principal city of the Abilene metropolitan statistical area, which had an estimated population of 169,893, as of 2016. It is the county seat of Taylor County. Dyess Air Force Base is located on the west side of the city. Abilene is located off Interstate 20, between exits 279 on its western edge and 292 on the east. It is west of Fort Worth. The city is looped by I-20 to the north, US 83/84 on the west, and Loop 322 to the east. A railroad divides the city down the center into north and south. The historic downtown area is on the north side of the railroad. History Established by cattlemen as a stock shipping point on the Texas and Pacific Railway in 1881, the city was named after Abilene, Kansas, the original endpoint for the Chisholm Trail. The T&P had bypassed the town of Buffal ...
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Political Scandals In Texas
Politics (from , ) is the set of activities that are associated with making decisions in groups, or other forms of power relations among individuals, such as the distribution of resources or status. The branch of social science that studies politics and government is referred to as political science. It may be used positively in the context of a "political solution" which is compromising and nonviolent, or descriptively as "the art or science of government", but also often carries a negative connotation.. The concept has been defined in various ways, and different approaches have fundamentally differing views on whether it should be used extensively or limitedly, empirically or normatively, and on whether conflict or co-operation is more essential to it. A variety of methods are deployed in politics, which include promoting one's own political views among people, negotiation with other political subjects, making laws, and exercising internal and external force, including wa ...
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Texas House Of Representatives
The Texas House of Representatives is the lower house of the bicameral Texas Legislature. It consists of 150 members who are elected from single-member districts for two-year terms. As of the 2010 United States census, each member represents about 167,637 people. There are no Term limits in the United States, term limits. The House meets at the Texas State Capitol, State Capitol in Austin, Texas, Austin. Leadership The Speaker of the Texas House of Representatives, Speaker of the House is the presiding officer and highest-ranking member of the House. The Speaker's duties include maintaining order within the House, recognizing members during debate, ruling on procedural matters, appointing members to the various #Committees, committees and sending bills for committee review. The Speaker pro tempore is primarily a ceremonial position, but does, by long-standing tradition, preside over the House during its consideration of local and consent bills. Unlike other State legislature ( ...
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The Handbook Of Texas Online
The ''Handbook of Texas'' is a comprehensive encyclopedia of Texas geography, history, and historical persons published by the Texas State Historical Association (TSHA). History The original ''Handbook'' was the brainchild of TSHA President Walter Prescott Webb of The University of Texas history department. It was published as a two-volume set in 1952, with a supplemental volume published in 1976. In 1996, the New Handbook of Texas was published, expanding the encyclopedia to six volumes and over 23,000 articles. In 1999, the Handbook of Texas Online went live with the complete text of the print edition, all corrections incorporated into the handbook's second printing, and about 400 articles not included in the print edition due to space limitations. The handbook continues to be updated online, and contains over 25,000 articles. The online version includes entries on general topics, such as "Texas Since World War II", biographies such as notable Texans Samuel Houston and W. D ...
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Texas Open Meetings Act
The Texas Open Meetings Act (TOMA) is an act in the Chapter 551 of the Government Code whereby meetings held by governmental bodies in the state of Texas, be they at the state or local level, must be open to the public (except for executive sessions). Moreover, the act says, "a person in attendance may record all or any part of an open meeting of a governmental body by means of a recorder, video camera, or other means of aural or visual reproduction.” On March 22, 2017, an activist from Waxahachie was arrested at the Texas State Capitol for attempting to film a governmental meeting. She was asked to leave by Representative Byron Cook and charged with trespass Trespass is an area of tort law broadly divided into three groups: trespass to the person, trespass to chattels, and trespass to land. Trespass to the person historically involved six separate trespasses: threats, assault, battery, wounding ...ing. References Politics of Texas Transparency (behavior) {{Te ...
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Texas Public Information Act
The Texas Public Information Act is a series of laws incorporated into the Texas Government Code that serve to ensure the public has access to information held by the state government. The Act is analogous to the United States Freedom of Information Act which guarantees the accessibility of information held by Federal government agencies to the public. Description of Statute The Texas Public Information Act is a series of legislative acts that have been incorporated into the Texas Government Code in Title 5, Subchapter A Subtitle 552. The Act is intended to guarantee public access to governmental information in the interest of providing transparency in government. Several online resources, including the State Attorney General's website, provide information on how to make use of the Public Information Act to obtain State Government information and what procedures one should follow when making an information request. Notable Cases * In August, 2015, the State Fair of Texas was sa ...
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Price Daniel Jr
A price is the (usually not negative) quantity of payment or compensation given by one party to another in return for goods or services. In some situations, the price of production has a different name. If the product is a "good" in the commercial exchange, the payment for this product will likely be called its "price". However, if the product is "service", there will be other possible names for this product's name. For example, the graph on the bottom will show some situations A good's price is influenced by production costs, supply of the desired item, and demand for the product. A price may be determined by a monopolist or may be imposed on the firm by market conditions. Price can be quoted to currency, quantities of goods or vouchers. * In modern economies, prices are generally expressed in units of some form of currency. (More specifically, for raw materials they are expressed as currency per unit weight, e.g. euros per kilogram or Rands per KG.) * Although prices ...
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John Hill (Texas Politician)
John Luke Hill Jr. (October 9, 1923 – July 9, 2007) was an American lawyer, Democratic politician, and judge. He is the only person to have served as Secretary of State of Texas, Texas Attorney General, and Chief Justice of the Texas Supreme Court. Early life He was born in Breckenridge, the seat of Stephens County to the west of Fort Worth, to Mr. and Mrs. John Luke Hill, Sr. He grew up in Kilgore in Gregg County near the East Texas oil fields. Career Legal career After attending Kilgore College, Hill received his undergraduate degree from the University of Texas in Austin, Texas, where he was a member of the Texas Cowboys. In 1947, he earned an LL.B., graduating with honors, from the University of Texas School of Law. Hill was admitted to the Texas bar the same year and went to work for a small law firm in Houston which gave him experience in trial work. In 1951, he founded his own Houston-based firm specializing in plaintiff's trial work. He was considered one of t ...
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Crawford Martin
Crawford Collins Martin (March 13, 1916 – December 29, 1972) was a Texas State Senator, Texas Secretary of State and Attorney General of Texas from 1967 until his death. Early life Martin was born to Will M. Martin and Daisy (Beavers) Martin at Hillsboro, Texas, on March 13, 1916. He was educated in the public schools, attended Hillsboro Junior College graduating in 1935. He graduated with a law degree from Cumberland University's law school (now the Cumberland Law School at Samford University) in Tennessee after attending the University of Texas at Austin, first. He was admitted to the Texas bar in 1939 and commenced the practice of law with his brother, William, in Hillsboro. Martin married Margaret Ann Mash in 1941. During World War II, Martin enlisted in the United States Coast Guard. Political career Mayor and state senator After the war, Martin was elected Mayor of Hillsboro. In 1948, he was elected as a Democrat to the Texas Senate representing district 12, which his fat ...
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Uvalde, Texas
Uvalde is a city and the county seat of Uvalde County, Texas, United States. The population was 15,217 at the 2020 census. Uvalde is located in the Texas Hill Country, west of downtown San Antonio and east of the Mexico–United States border. Name Uvalde was founded in 1853 as the town of ''Encina'', but was renamed in 1856 as ''Uvalde''. Its name is a misspelling of the Spanish governor Juan de Ugalde (Cádiz, Andalusia, 1729–1816). Pronunciations of the name of the town vary. One common pronunciation is the fully Anglicized version ( ). A fully Spanish version is also in common use, which is often approximated by English speakers as . There are also pronunciations that combine the English and Spanish versions. The chosen pronunciation often shows how strong a person's connection with the Hispanic community is or general knowledge of its pronunciation. History Uvalde was founded by Reading Wood Black in 1853 as the town of Encina. In 1856, when the county was organize ...
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Dolph Briscoe
Dolph Briscoe Jr. (April 23, 1923 – June 27, 2010) was an American rancher and businessman from Uvalde, Texas, who was the 41st governor of Texas between 1973 and 1979. He was a member of the Democratic Party. Because of his re-election following an amendment to the Texas Constitution doubling the Governor's term to four years, Briscoe became both the last governor to serve a two-year term and the first to serve a four-year term. A lifelong resident of Uvalde, Briscoe was first elected to the Texas Legislature in 1948 and served as a state representative from 1949 to 1957. As part of the reform movement in state politics stemming from the Sharpstown scandal, Briscoe won election as governor in 1972. During his six years as governor, Briscoe presided during a period of reform in state government as Texas's population and commerce boomed. Following his two terms as governor, Briscoe returned to the ranching and banking business in Uvalde. He is recognized as having been one o ...
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