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Show Firms Lawyers Get Slje jsalt Restraining Order By Anne Wilson Tribune Staff Writer Utahs much contested securities takeover law, recently branded as unconstitutional, is apparently still viewed as a threat by major corporations pushing billion-dolitransactions. Attorneys for Occidental Petroleum Corp. Thursday asked for what they called a temporary restraining order to prevent the Utah Securities Commission from delaymg their offer to buy 49 percent of Cities Services Co.s outstanding common stock. They got their TRO during a hearing before Judge Bruce S. Jenkins, U.S. District Court for Utah, when the states attorney agreed not to apply the law. Deputy Utah Attorney General Charles Carlson admits he could hardly do otherwise after having authored a formal opinion that conceded the takeover law was unconstitutional. He noted somewhat ruefully Thursday the opinion might not, after all, prevent future requests for court orders restraining application of the law. In spite of the opinion, Salt Lake City attorneys Dale Kimball and Steven D. Smith filed suit Wednesday on behalf of Occidental, asking the court to declare the statute unconstitutional. When asked why, Mr. Smith indicated that, given the financial magnitude of the offer, Occidental wanted to make sure nothing stood in the way. He said he and Mr. Kimball werent sure whether Cities Service Co. had more than 500 employees or $25 million in assets in Utah, provisions that would make the law applicable to the transaction. A telephone call to Janelle McCam-momanager of public relations at the companys Tulsa, Okla. headquarters, revealed there are no employees in Utah. Regarding assets, Ms. McCam-mo- n said the company had a small interest with several other companies in 47 miles of pipeline. Mr. Carlsons opinion indicated that Utahs takeover law was drafted from a position and conflicted with a congressional act designed to allow shareholders to make ; the decision about whether or not they ar fake Sfibmte Friday Morning, August 1979 Page 4 By Ike Flores Associated Press Writer LAKE BUENA VISTA, Fla. Mickey and Minnie Mouse, Donald Duck, Goofy and their pals, tired of getting no respect, have joined a union. The 97 actors and actresses at Walt Disney World who dress up in costumes to portray the famous cartoon characters voted Wednes- day to join the International Brotherhood of Teamsters, Chauf- feurs and Helpers of America. Its kind of sad to think of Pluto as a Teamster, commented park visitor Perrilyn Corlew of Nahsville, But I guess Tenn., on Thursday. theyre entitled to do what they think is best for them. The Disney characters voted 1 45-4- to come under the provisions of the Service Trades Council, which administers a contract with seven unions including the Teamsters. Eleven people did not vote. Some of the performers have complained in the past that their costumes are often hot and dirty and they sometimes suffer abuse from patrons as they clown around the grounds of the vast amusement park near Orlando. Futhermore, they cant talk back. time and experience didnt seem to count. The way it is now is he said. They wanted respect in their working rights. They are actors, and they are professionals and they want to be treated as such. A formal statement issued by There will be no Disney said, changes in working conditionas or wages, which will be covered under current union contracts. These will be considered as part of any future contract negotiations, said Disneys publicity director, Charles Ridgway. Thursday afternoon, before an Associated Press reporter was asked by a Disnery World security guard to quit soliciting visitors to The biggest problem was with Carl Crosslin, the seniority, Teamsters Unions business agent, said on Thursday. The ones who had been there for some time felt they werent being treated fairly on assignments. Crosslin said the amount of work 26-ye- s, the park, most of those interviewed expressed surprise, but did not oppose the union vote. Im shocked, but I guess everybody is into this business of job protection and good working conditions, said Kathy Carroll, of Satellite Beach. Stephen Striharski, of Richmond Hill, N.Y., said he is a machine shop foreman and opposed to unions. In reference to a picket line he said, Id hate to see Mickey Mouse walking around with a sign around his neck. Several of the actors had complained a nonymously in recent months that they were abused by park patrons and that working conditions should be improved. 'explained. Tele-Communicati- TEN MOST WIDELY FOLLOWED STOCKS IN UTAH Notes Increase in Revenue ons 65.7 n, Dick Crookston, a production sales employee of KUTV, Channel 2, has been elected president of the Utah Advertising Federation. Dale Zabriskie, head of the firm of Zabriskie and Associates, Salt Lake City, was elected first vice president. the Downtown Business Improvement Board is hoping that when the Christmas season does come, it will be truly jolly, and that a lot of people will be lured downtown for the festivities. On Thursday morning, it set the stage 20, 1982 Section B for improving the quality of the downtown Christmas environment. Envisioned: banners, walking carol-lerstreet comer bands and the serving of free wassail beverage. Christmas Decorations Christmas decorating has been somewhat uncertain in past years, says board chairman Jess Agraz. Intent is to come up with a comprehensive and continuing program that could match the quality of that on Temple Square during the holidays, he said. The Christmas challenge is the first major program of the board appointed by Mayor Ted Wilson last March. And to that end, on Thursday it budgeted $50,000 in spending and reservices of Kay cruited the part-tim- e Barrell, technical director of the Utah opera. Mr. Barrell has been technical coordinator for the annual Utah Arts Festival in downtown Salt Lake City for the past four years Proposals Invited The board also invited proposals from local firms to provide a comprehensive plan to supply all of the materials for town decoration. The $50,000 is out of a first year budget of $90,000 for general promotional activities. It is funded by assessment based on license fees on businesses within the area bounded by South Temple to 400 South, and from West Temple to State Street Mr. Agraz Union Card Totin Donald and Mickey just-in-ca- Federation Elects KUTV Salesman Early for Christmas Jingle bells, and ho, ho, ho. No, it isnt the season to be jolly. But will participate in a takeover. The Utah statute, passed in 1976 and amended in in a futile attempt to make it constitutional, requires a delay between announcement of a takeover offer and its start. The Congressional act specifies a delay of five days. Downtown Panel Plans Special to The Tribune DENVER Inc., the nations largest cable televi-socompany, reported record revenues Thursday of $132,240,000 or a 65.7 percent increase over the same period last year. The firms operating income for the six months ended June 30 nearly doubled, also, to $30,100,000. But earnings were $2,258,000, or 10 cents per .share which is down from $6,293,000, or 22 cents, for the comparable period last the drop in earnings was due primarily to higher debt and interest expense incurred in the substantial cable televison acquisitions made during the first half of this year. th Editor, broker consonw: subject to change. J. Allan Blodgett and Ellis R. Ivory have been named to the board of directors of the Hotel Utah Company. The announcement was made by Stuart G. Cross, hotel president and managing director. Mr. Ivory, 41, returns to the board position he left in 1979 to serve as mission president of the England Man chester Mission of the Church of Christ of Latter-da- y Saints. He is the managing general Directors of Northwest Energy Co., Salt Lake City, Thursday declared a quarterly dividend on common stock of 35 cents a share payable Sept. 13 to holders of record Aug. 30. It compares to a like amount for the previous quarter and 30 cents for the year-ag- o partner of Ivory and Company and past president of the Board of Realtors. Athena also said it had increased its revolving credit line with Chase Manhattan Bank for $21 million to $50 million for expansion and the mandatory redemption of $18,700,000 of its preferred stock owned by a TCI subsidiary. Mr. Blodgett, managing director of the investment department of the LDS Church, is a certified public accountant quarter. Model H0SE& SPRINKLERS OFF LAWN STRING TRIM WEED EATERS JACOBSON 40 LAWN MOWER CLOSE-OUT- S 7130 BAR-B-QU- E Big 14x22" grill size. 30,000 BTU'S with large capacity tank. 100 16999 ONLY REG. 309.95 FREE Rotisserie with each purchase. 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In part, the deficit stems from office costs that will be $60,000 higher than was approved by the Legislature last January. B.B.Q. Aobmglcw Kent Young, a Cities spokesman in New York, said Thursday that Cities directors would meet in the very near future to study the new Occidental offer. Young said a date for that meeting had not been set. Industry analysts said Cities directors were more likely to accept the new Occidental bid, mainly because they had so far failed to find another suitor. The offer is not subject t the Cities directors approval. But their opposition would complicate Occidental's efforts to win shareholder approval. There is going to be a lot of pressure for Cities Chairman Charles Waidelich to accept this offer, said Barry Uahgal, an analyst at Bache, Halsey, Stuart Shields Inc. in New York. He hasnt got any others. Waidelich said Wednesday that the company was in discussions with a number of companies that have expressed interest in buying Cities or major segments of its business. st six-mon- Northwest Dividend Jesus apiece for the remaining stock. Cities had termed that earlier proposal inadequate but invited Occidental to make a revised bid. Associated Press Writer Occidental Petroleum Corp. began NEW YORK a formal offer to Cities Service Co. shareholders Thursday for nearly half of Cities stock at $50 a share. The merger proposal would create the nations eighth-largeoil company. The offered price is the same that Occidental proposed last week when it tried unsuccessfully to negotiate a merger agreement with Cities board of directors. Occidental said in an announcement from its Los Agneles headquarters and in New York that it hoped to acquire the remaining Cities shares in an exchange of securities. The total value of the proposed takeover cannot be calculated because Occidental said it had not yet determined the type or value of securities to offer in the second step of the deal. That will be decided probably next week, it said. The earlier Occidental offer that Cities directors deal that rejected on Monday had been a two-ste- p proposed a tender offer of $50 a share for half the stock and securities valued by Occidental at $50 Meanwhile, Athena Communications Corp., a cable televison firm 83 percent owned by TCI, said it also had record revenues of $13,427,000 with net earnings of $818,000 or 7 cents per share. Revenues were $10,569,000 for the first half of 1981. Dr. John C. Malone, president, said Occidental Makes Another Offer By Robert Bums TCI became the largest U.S. cable company earlier this year and now serves more than 1 million basic subscribers and 1,100,000 pay customers in 45 states, including Utah. year. 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