SEC Charges Club Owners in Dunes Hotel Defrauding case
The SEC accuses Continental Connector Corp and M&A Investment Co of defrauding Dunes Hotel stockholders through a misleading proxy statement in a Las Vegas casino purchase. The complaint cites an inadequate audit, misstated 1967 net income, and failure to disclose seasonal income, as stockholders await court action. The suit seeks an injunction to halt the Golden Nugget deal and require corrected disclosures.
MENTIONED IN THIS ARTICLE
John M. Pearce
Associated Press
Washington
Dunes
Las Vegas
Securities and Exchange Commission
Federal District Court
New York
SEC
Continental Connector Corp
M&a Investment Co
The
American Stock Exchange
Continental
Pan
Woodside
N.Y
Me&r
Commission
Continental Connector
Vad
Golden Nuggets
Golden Nugget
Frank Simmons
Economical charter plane trip to Cleveland defended
Arkansas officials defend a charter flight paid through Petit Jean Flying Service Inc. with Gov. Rockefeller’s holding, saying the $2300 cost, offset by a $727 absorption, was the most economical way for several leaders to travel to Cleveland, amid Democratic party criticisms. Separate notes cover ABC polling after Nixon’s Vietnam speech and Agnew briefings on media criticism with limited quotes.
MENTIONED IN THIS ARTICLE
Little Rock
State Revenue
Bob K. Scott
Revenue Department
Winthrop Rockefeller
Cleveland
Ohio
Scott
Charles D. Matthews
State
Democratic Party
Matthews
Petit Jean Flying Service Inc
Flying Service
Silent roadblocks planned for Clayton kidnapping reveal
Arkansas State Police described a strategy to let the kidnapper release Mrs. Margaret Clayton at Alma then spring hidden roadblocks to trap him. Officials cited difficulties locating the car and cited cooperation with the FBI. The plan included up to 15 roadblocks and radio-free telephoned troop movements, aiming to contain the suspect after the payoff. Weather forecast accompanied the report with clear cold conditions and cool sunshine.
MENTIONED IN THIS ARTICLE
Robert Shaw
Associated Press
Little Rock
Margaret Clayton
Alma
Clayton
Ralph Scott
Bill Miller
Oklahoma
Miller
Scott
Prairie County
Arkansas
Interstate 40
Milter
FBI
al Hogan
Weather Experiment Station
Tax relief plan near as Nixon budget clash continues
Conferees rejected most House tax cuts and pressed relief via higher personal exemption while Senate favors 200 exemption. A compromise would cap at 750 with delayed date. Gore among critics as Nixon fights inflation. Foreign aid faces hurdles with Taiwan and Korea items cut from authorization. Joella's Kindergarten party pictured with students and teachers.
MENTIONED IN THIS ARTICLE
House
Senate
Nixon
Albert Gore
D-Tenn
Mills
Queens of Reform
Taiwan
Korea
White House
SWC Basketball Teams Hit Holiday Tournaments
Four Southwest Conference clubs engage in holiday tournaments with Arkansas at the Bayou Classic in Baton Rouge Baylor at the Cowboy Classic in Abilene SMU at the Jayhawk Classic in Manhattan and Texas Christian at the Cowtown Classic in Fort Worth Texas Tech fell 88 81 to Brigham Young in Lubbock despite a strong effort against seven taller BYU players and a 65 38 rebounding disadvantage.
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Baton Rouge
Associated Press
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Baylor
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Jayhawk
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