The layout of a balance sheet reflects the basic accounting equation: Assets = Liabilities + Owners' Equity. with assets listed on the left side and liabilities and equity detailed on the right. Consistent with the equation, the total dollar amount is always the same for each side. In other words, the left and right sides of a balance sheet are always in balance.
Hurricane Ike was the first hurricane to hit the Houston area since Hurricane Jerry in October of 1989 and the first big hurricane to hit since Hurricane Alicia in 1983. Ike is the hurricane that changed the Saffir-Simpson scale, the scale that rates how strong a hurricane is, as we know it.
South Houston grew rapidly between the 1940's and the early 1960's. Its most colorful citizen during those years was George Christy, who served as the City's mayor from 1949 to 1951 and from 1960 to 1964. Christy was the owner of a circus, and his elephants helped build Spencer Highway.