AGREEMENT OF JOINT FILING
Published on
EXHIBIT 1
AGREEMENT OF JOINT FILING
Pursuant to Rule 13d-1(f) promulgated under the Securities
Exchange Act of 1934, as amended, the undersigned persons hereby agree to
file with the Securities and Exchange Commission an amendment to the
Statement on Schedule 13D (the "Statement") to which this Agreement is
attached as an exhibit, and agree that such Statement, as so filed, is
filed on behalf of each of them.
IN WITNESS WHEREOF, the undersigned have executed this Agreement
as of November 8, 1994.
CHARLES E. HURWITZ
Charles E. Hurwitz
MAXXAM INC.
By: BYRON L. WADE
Byron L. Wade
Vice President, Secretary and
Deputy General Counsel
FEDERATED DEVELOPMENT COMPANY
By: JAMES H. PAULIN, JR.
James H. Paulin, Jr.