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Show The National Enterprise, August 4, 1976 Page twelve Energy Reserves Freed Benrd JMdrks Appointments of Court Supervision WICHITA, Kansas An order to terminate Court supervision and the jurisdiction over Energy Reserves Group, Inc., (OTC 1.875, 2.00) has been entered in the United States District Court for Kansas. Court supervision of the company came as a result of a settlement in March 1973 when the Securities and Exchange Commission brought suit against Ginton Oil Company. meeting of stockholders, held July 14, 1976 in Wichita, the first since June 1971. Richard Volk, company president announced the election of the following directors of the. board: Charles F. Bedford, A. A. Bonner, Jr., Ginton 0. Engstrand, Merrill W. Haas, R. Wolcott Hooker, John J. Smith, Richard W. Volk and Paul H. Woods. Clinton Oil Company changed its name to Energy Reserves Group in February Termination of the Federal Courts supervision fol- 1976. lowed the companys annual of the company, said that both Vater and Yeisley have played Yeisley, two veterans of the oil key roles in' the companys accelerated level of drilling and gas industry, have been Beard produces activity. promoted to vice presidents by Beard Oil Company, (OTC approximately 1100 barrels of oil and four million cubic feet d 4.00, 4.50) Oklahoma of gas per day, and holds an independent oil and gas average 74 percent working company. Vater was named vice interest in more than 2.5 million gross acres in many of president-operationA graduate of the University of recently as administrative the major geological basins in Oklahoma with a B.S. degree manager of land. He has the United States. in Petroleum Engineering, served as Beards manager of Mr. Vater has 27 years exper- land for the last two years. ience in the oil business, Herb Mee, Jr., president OKLAHOMA CITY James W. Vater, Jr., and Jack City-base- s. including nine years with Ambassador and eight years with Anadarko. He has been manager of operations with Beard for two years. Jack Yeisley, vice president-land, has 28 years experience in the petroleum industry. For 20 years prior to joining Beard, he was employed by Champlin, most To Tell or Not to Tell? Everybody claims to be in favor of freedom. Yet how many people really understand what itk all about? Consider the businessman who's all for free competition . . . unless his competition is named IBM or is Japanese. Or the mayor who wants plentiful transportation but outlaws jitneys. Or the military leader who wants to defend freedom . . . using conscripted labor. Or the citizen who's all for free speech andi press so long as the material isn't obscene. Each wants freedom for the things he considers important, but at the expense of somebody else's freedom. Recent issues have included such articles as: Petroleum, Politics, and Prices What to Do About Taxes Piracy on the California Coast The Seabed Power Struggle The Life and Death of New York Q Compulsory Medicine: Past, Present, and Beyond Victimless Crimes: No Concern of the State Bureaucratic Conspiracy and the Energy Crisis A Civil Libertarian Looks at the SEC Sense and Nonsense About Monopoly Deregulating Trucking The Airport Crisis and How to Solve It At REASON Magazine, we believe in freedom for D Government Controls and Urban Development everyone. With Herbert Spencer and John Stuart Mill, we believe a person should be free to take any In addition to thought-provokin- g articles, REASON action, so long as it does not interfere with the features exclusive interviews with people worth liberty of anyone else. We call this point of view knowing g econpeople such as Nobel libertarianism . It is unabashedly individualistic, capomist F.A. Hayek, outspoken psychiatrist Thomas italistic, and (we think) reasonable. Moreover, this S. Szasz, financial advisor Harry Browne, former voluntaristic, free market approach points the way Ronald Reagan, science fiction writer Poul toward solutions to many of the problems created governor Anderson, and economist Milton Friedman. Plus a the of unbridled statism Brother by Big growth host of regular columns and features, including news, like war, taxation, the energy crisis, and inflation. personalities, reviews, and cartoons. ... ... Prize-winnin- Each month REASON explores the implications and applications of the libertarian point of view. REASON has been endorsed by leading advocates of freedom, including Edith Efron, Murray N. Roth-barHarry D. Schultz, and Nathaniel Branden. Join them in reading America most exciting and thought-provokin- g Continued From Page Ten rules and regulations to assist shareholders in making voting decisions? 10. How could the proxy rules be revised to improve the process by which shareholders participate in the corporate electoral process ( corporate democracy)? You may wish to consider matters such as how stockholders participate in routine and contested elections of directors and stockholder and management proxy proposals. 11. How could the corporate disclosure system be improved to make information regarding companies available to all interested persons on a more equitable basis? (Please consider both the kinds of information available and the timing of information availability.) 12. How could the federal securities laws be revised to improve the corporate disclosure system? Beehive Medical Notes Improved d, magazine. Enter your subscription today. REASON, Box 6151, Santa Barbara, CA 93111 - Please enter my subscription to REASON for the following term: One year, 512.00 (save S2.50 off single copy rates) Two years, S22.00 (save S7.00) Three years, 530.00 (save 513.50) I enclose a check for S Nam- e- : City State (Outside U.S. add 51. 50 per year) : i Zip.. Dept. N.E. Earnings SALT LAKE CITY-Nsales, income after taxes and earnings per share advanced to third quarter record levels for et Beehive Medical Electronics, Inc., (OTC 8.50, 9.00), reports Warren Gifford, Beehives president. Net income after taxes increased 79 to $187,836, or 20 cents per share versus $104,922 or 11 cents per share for the third quarter of fiscal 1975. Net sales and other income increased 29 to from $3,237,627, up $2,522,256 achieved during the same period last year. Clifford said Beehive has recently signed several contracts which have boosted the backlog to the highest level in the company's history. |