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Port to Probe $3 Million Debt L.A. Harbor Funds
Los Angeles Harbor Commission orders Deputy City Attorney Newland Hong to review state auditor general William T Merrifield's charges that city officials misused at least 3 million dollars of Harbor Department funds from 1925 to 19. The audit questions whether improvements charged to general funds or bonds, whether investment income should flow to trust funds, and if failure to meet trust terms justifies revocation. Merrifield briefed Assemblyman Vincent Thomas amid city council pressure for revenue.
MENTIONED IN THIS ARTICLE
Los Angeles Harbor Commission
Ste Legal
City of
Los Angeles
Newland Hong
Arbor
Atalé
William TL. Merrifield
Merrifield
Harbor Department