Archive for September 26th, 2012

Hancock Holding launches new investment fund

GULFPORT — Hancock Holding Company has launched the Hancock Horizon Diversified Income Fund as a new addition to the company’s $1.5-billion family of investment funds. The fund seeks to generate steady income from a combination of financial investments. Hancock Horizon Funds senior vice president and chief investment strategist John Portwood, CFA, said, “This will be [...] [...]

FNC: Appraisal Score makes history with patent

OXFORD — FNC Inc.’s Appraisal Score has received a U.S. patent (U.S. Pat. No. 8,244,563), making it the first patented appraisal review tool, according to the technology company. “Critics of the American appraisal process say the process is broken and they’re looking to new government regulations to fix the problem. But we’ve already developed the [...] [...]

Lockheed Martin delivers first module for GPS III spacecraft

HANCOCK COUNTY — The Lockheed Martin team developing the U.S. Air Force’s next generation Global Positioning System III satellites has delivered the first spacecraft’s propulsion core module to the company’s Denver, Col.-area GPS Processing Facility (GPF). According to the company, the milestone represents the program’s first major hardware delivery for GPS III Space Vehicle 1 [...] [...]

With new building complete, what is to become of old hospital?

PICAYUNE — Now that the new Highland Community Hospital building has been completed, some Picayune residents may wonder what will become of the old location. Originally named Crosby Memorial Hospital, the site on Goodyear Boulevard was constructed by L.O. Crosby around 1955, said former Crosby Memorial Hospital Board member Jo Woods. Picayune only had a [...] [...]

Flaggs retiring from Legislature after 2013 session

VICKSBURG — State Rep. George Flaggs, a Democrat from Vicksburg who has served in the House since 1988, says he will retire after the 2013 session. Flaggs said he also would leave his job as administrator of Warren County Youth Detention Center. He says he is considering a run for mayor of Vicksburg. The city’s [...] [...]

Arkansas officials promise Entergy quick decision on MISO

by Associated Press Published: September 26,2012

Tags: decision, electricity, energy, power, region, regualtion, regulator, state government, state law, transmission, utility

NEW ORLEANS — Arkansas regulators have promised to decide quickly whether Entergy Corp. has met the state’s conditions to join a regional transmission group, while the utility appears to have made progress toward satisfying regulators in Mississippi. New Orleans-based Entergy, which owns utilities in Arkansas, Louisiana, Mississippi and Texas, wants to join the Midwest Independent [...] [...]

Tacker asks judge to vacate sentence for biofuels scheme

by Associated Press Published: September 26,2012

Tags: appeal, bench, biofuel, court, energy, fraud, fuel, judge, judicial, judiciary, justice, prison, REFINERY, ruling, scam, scheme, sentence, sentencing, sustainable, vacate

NETTLETON — A Mississippi businessman has asked a federal judge to vacate his five-year prison sentence on a conviction of defrauding a biofuels subsidy program. William T. “Tommy” Tacker II was convicted in 2010 on 10 counts that he conspired to defraud the U.S. Department of Agriculture of nearly $3 million for his company, Biodiesel [...] [...]

Ex-county administrator to be sentenced for embezzlement

PANOLA COUNTY — A sentencing hearing has been scheduled for Nov. 14 for the former administrator of Panola County, who pleaded guilty to a federal embezzlement charge. David Michael Chandler was charged with creating a fake company to fraudulently charge more than $50,000 in county collection fees from 2007 to 2008. He’s also accused of [...] [...]

Court rules lawyer not eligible for Appeals ballot

by Associated Press Published: September 26,2012

Tags: appeal, ballot, bench, court, decision, election, judge, judicial, judiciary, justice, opinion, Politics, poll, public office, ruling, vote, voter, Voting

JACKSON — A divided Mississippi Supreme Court late yesterday vacated a lower court’s order that put a Jackson attorney’s name on a Court of Appeals ballot. Latrice Westbrooks had challenged her removal from the ballot based on residency arguments. Westbrooks has acknowledged that she lives seven-tenths of a mile outside District 2, but she says [...] [...]

MDOT estimates Miss. 6 project will wrap up in 2014

NORTH MISSISSIPPI — State transportation officials say the final leg of four-lane of Mississippi 6 from Batesville to Tupelo should be completed by 2014. The last segment runs from Pontotoc to U.S. 45. The Mississippi Department of Transportation tells the Northeast Mississippi Daily Journal the May 30, 2014, date was calculated using the remaining work [...] [...]

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