THE VIRGINIAN-PILOT
Copyright (c) 1994, Landmark Communications, Inc.
DATE: SUNDAY, June 12, 1994 TAG: 9406120122
SECTION: FRONT PAGE: A14 EDITION: FINAL
SOURCE: Associated Press
DATELINE: 940612 LENGTH: Long
Region's Representives /
VIRGINIA
District: 1
{REST} Name: Herbert H. Bateman
Party: Republican
Earned Income: $133,600
Honoraria, all donated to charity: None
Major assets: Two rental properties, a mutual fund, retirement accounts and a bank account worth a total of $382,000 to $881,000. Stock worth $19,000 to $110,000.
Major sources of unearned income: Rent of $2,700 to $6,000 and dividends of $1,200 to $3,500.
Major liabilities: None
Gifts: None
Bateman took several domestic trips, including four days to Palm Springs, Calif., at the expense of the Tobacco Institute.
District: 2
Name: Owen B. Pickett
Party: Democrat
Earned Income: $133,600
Honoraria, all donated to charity: None
Major assets: Owns interest in several Virginia Beach real estate firms, worth $2 million to $3 million, a bank account worth $50,000 to $100,000, and numerous stock investments.
Major sources of unearned income: Rent and interest from the real estate totaling $22,000 to $70,000, and various small stock dividends.
Major liabilities: Mortgages totaling $65,000 to $150,000; business loans between $365,000 and $800,000.
Gifts: None
Pickett owns 795 acres of farmland in Caroline County, plus half-interest in another 328 acres, worth $1 million.
District: 3
Name: Robert C. Scott
Party: Democrat
Earned Income: $155,510
Honoraria, all donated to charity: $1,000
Major assets: Stocks and two mutual funds worth $5,000 to $75,000.
Major sources of unearned income: Dividends and interest between $400 and $2,800.
Major liabilities: A personal loan and mortgage on a former residence totaling $115,000 to $300,000.
Gifts: Engraved clock from Virginia Legislative Black Caucus worth $400.
Scott took three paid trips to give speeches at colleges and the National Black Caucus of State Legislators.
District: 4
Name: Norman Sisisky
Party: Democrat
Earned Income: $133,600
Honoraria, all donated to charity: None
Major assets: Diverse portfolio of stocks and bonds worth more than $3 million.
Major sources of unearned income: Dividends and capital gains from a stock portfolio totaling more than $350,000.
Major liabilities: None
Gifts: A rug from Pakistan's Army chief of staff, worth $125.
Much of Sisisky's stock portfolio - more than $1 million - is tied up in New Dominion Limited Partnership, which trades in a variety of companies from Walt Disney to Pepsico. He listed separate holdings of Coca-Cola and Pepsico stock worth more than $1 million each.
NORTH CAROLINA
District: 1
Name: Eva M. Clayton
Party: Democrat
Earned Income: $133,600
Honoraria, all donated to charity: $3,000.
Major assets: Jointly held rental property in Warrenton, N.C., valued at $15,001 to $50,000.
Major sources of unearned income: Rent from property, $1,001 to $2,500.
Major liabilities: None.
Gifts: None.
One trip taken to Seoul, Korea, courtesy of the Korea-America Friendship Society. A family member was included.
District: 3
Name: H. Martin Lancaster
Party: Democrat
Earned Income: $133,600
Honoraria, all donated to charity: $7,000.
Major assets: Quarter interest in Briarwood Investments, valued at $100,001 to $250,000. Mutual fund IRA valued at $50,001 to $100,000. Also minor bank stock and real estate holdings.
Major sources of unearned income: Largest is from mutual fund IRA at $2,501 to $5,000.
Major liabilities: Quarter of mortgage loan on Briarwood investment with total liability of $250,001 to $500,000.
Narrative: Most stock, bond and trust accounts held by spouse or dependent child. He took four trips paid for by others, including a Jan. 12-16 trip to Palm Springs, Calif., for the Tobacco Institute. He is partner in Briarwood and director of Wayne Implement Corp., for which no compensation is listed.
{KEYWORDS} U.S. CONGRESS TRAVEL by CNB