<CRIME CONTROL> ASSETS TO BE SOLD TO HAWLEY Crime Control Inc said it reached a definitive agreement under which a subsidiary of Hawley Group Ltd will buy assets and assume certain liabilities of Crime Control for 51.3 mln dlrs. Of this amount, it said about 47 mln dlrs would be available for distribution to the company's banks, debenture holders and shareholders. The balance would be used to pay various state taxes and other expenses relating to the transaction, and to establish reserves to provide for certain unassumed obligations of the company. Crime Control said it would use proceeds to pay its bank lenders approximately 28.6 mln dlrs, representing about 87 pct of the principal amount of all its indebtedness to bank lenders. It also said it would propose to acquire all of its 20 mln dlrs worth of outstanding 10 pct convertible subordinated debentures for an aggregate of approximately 15.4 mln dlrs and propose liquidation of the company with shareholders receiving an estimated 54 cts a share. As reported earlier, Crime Control is in default on approximately 33 mln dlrs of bank debt and in default under the indenture governing its convertible subordinated debentures. On January 19, 1987, Crime Control, which installs, services and monitors electronic surveillance systems, said it retained Rothschild Inc to arrange for the sale of the company.