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Childress Index in Childress, Texas

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Newspaper

Childress Index

Location

Childress, Texas, United States of America

Date

Aug 22, 1971

Page

2

Stockbroker contradicts Gov. Smith in Dallas deposition

A Dallas broker testifies in a deposition filed in federal court that Gov. Preston Smith met with Ling & Co. brokers and John Osorio in 1969 and knew the National Bankers Life stock deal involved $275000 loans from Sharpstown Bank. Smith previously said he did not know the broker or Osorio. The suit notes a $125000 profit from selling 20000 NBL shares in 1969.

Houston Tex Dallas Preston Smith Houston Post J. Quincy Adams Securities and Exchange Commission Texas Smith Elmer Baum National Bankers Life Insurance Co Sharpstown State Bank SEC Federal Deposit Insurance Corp Smith Nor Baum Adams Ling & Co John Osorio National Bankers Life The Quincy Adams Ling Osorio John Dr. Baum

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