Business: Personal File: Sep. 15, 1961

· In a state famed for its wheeler-dealers, few have ever outdealt Roy Marie Hofheinz, 49, smooth-talking ex-mayor of Houston, who operates in oil, radio (Corpus Christi), TV (Houston), real estate and sports. Teaming up with Oilman R. E. ("Bob") Smith, Hofheinz recently plunked down $4,940,000 to buy from Hilton Hotels Corp. 494 acres of undeveloped land near downtown Houston. No sooner had they taken title than Hofheinz and Smith gave 29½ of their new acres to the state for a throughway right of way, agreed to sell 180 acres to the county at cost to complete land acquisition for a...

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