June 4, 2009

In the spring of 2008, Macfarlan Capital Partners LP, a Dallas-based private real estate investment firm, purchased three Texas resort properties from Centex Homes. In May 2009, Colonial Bank posted notice of foreclosure on $43 million in loans secured by the three properties – The Waters in Horseshoe Bay, The Hollows on Lake Travis, and Pointe West in Galveston. Foreclosure day on June 2 passed without Colonial Bank foreclosing on the Texas properties.

A long standing ovation was the audience’s thank you to the Austin City Brass Ensemble and their performance Sunday afternoon at The Church at Horseshoe Bay. The Concert Series is presented by the church as a musical gift to the community. Financing for the series is provided by the church’s Board of Trustees through the church budget.

Horseshoe Bay resident Martin Graham Tyson, Sr. and his son, Martin Graham Tyson, Jr. were a were arraigned in state district court in Hidalgo County on May 27 on two counts of securities violations. The Tysons enterred not guilty pleas and both were released later that day on personal recognizance bonds. On April 29, an Hidalgo County grand jury indicted the Tysons for failure to disclose material facts to thirteen individuals who purchased stock in companies controlled by the father and son ...

Why do stock prices fall? Various factors are involved, but in a nutshell, prices drop when more people want to sell stocks than buy them. Conversely, the more people who buy a particular stock, the faster that stock’s price will rise. If you’ve studied basic economics and the law of supply and demand, you’ve already got a pretty clear sense of why stock prices move the way they do.

Memorial services for Betty Jo Koontz, 76 of Horseshoe Bay will be at 2pm, on Saturday June 6, 2009 at The Church at Horseshoe Bay with Reverends Peter K. Christy and Johnny P. White officiating. She passed away on Monday May 25, 2009, in Austin, Texas. Betty was born to Buster and Jewel Stephenson in Honey Grove, Texas on January 19, 1933.