On April 12th in U S Political History
Part IV
On April 12th in 1987 Texaco Inc., began fighting an $11 billion judgment in favor of Pennzoil Co. stemming from Texaco's acquisition of Getty Oil Co., filed for federal bankruptcy protection. Texaco, with assets of $33.8 billion, later settled with Pennzoil for $3 billion.
On April 12th in 1988 The U.S. Patent and Trademark Office issued a patent to Harvard University for a genetically engineered mouse, the first time a patent was granted for an animal life form.
On April 12th in 1988 Sonny Bono elected mayor of Palm Springs, Calif.
On April 12th in 1989 NY State leaders agreed to raise unemployment benefits to $245 per week.
On April 12th in 1991 Defense Secretary Dick Cheney announced plans to close 31 major US military bases, including Ford Ord in California and Fort Dix in New Jersey.
On April 12th in 1994 Senate Majority Leader George Mitchell declined to be nominated to the Supreme Court.
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