Trial reveals loan figures tied to Sharpstown manipulation
Testimony centers on a loan to Carr and Osorio to buy South Atlantic as part of a SEC case charging 28 defendants with stock manipulation to profit Texas officials. Akins, a former insurance and bank executive, discussed multiple loans totaling over 5.5 million dollars secured by Sharpstown Realty and NBL stock, with notes tied to entities like RIC Industries and Nashwood Corp.
MENTIONED IN THIS ARTICLE
Carr
Texas
Osorio
South Atlantic
U.S. Securities and Exchange Commission
Insurance Company
South Atlantic and
RIC International Industries
RIC
City Bank & Trust
Dallas
Exchange Bank & Trust
Dallas Bank
Exchange Bank
National Bankers Life
Akins
Gilbertville
Dallas Bank & Trust Co
Nashwood Corp
Carr, Osorio
Sharpstown State Bank
Joseph Novotny
Justice Department
Allan Shivers
NBL
Bank of Louisville
RIC Industries
Conquistador Apartments
Sarah T. Hughes
Houston
Hughes
Dome Theater
Sharps
Jtorneys
Sharpstown
Sharpstown Realty Co
U.S District
Plans Not Unveiled Labor Leaders Call For Economic Freeze Cooperation
Meany told Senator Proxmire that labor will act for the national good in any emergency and urged Congress to take control of the economy from Nixon. The AFL-CIO pressed for cooperation and a coordinated approach during a national crisis.
MENTIONED IN THIS ARTICLE
Meany
Proxmire
Afl-Cio
Congress
Ixan
Biemiller
Nixon
National Tabor Management Foundation
S. Rayburn Watkins
Foundation
Arnold Weber
Cost of Living Council
Nixon considers federal pay freeze amid wage price debate
President Nixon signs a memo ordering a six month freeze for blue collar federal workers and signals possible July and October 1972 raises may be delayed. He urges Congress to stand by the plan for white collar and military pay and weighs an October 1972 adjustment after reviewing the economy.
MENTIONED IN THIS ARTICLE
Congress
Bureau of Labor Statistics
Nixon
Buch
Ziegler
Kile House
White House
San Clemente
Calif
Pesident
4000 Mile Trek Taken By Bottle
A soft drink bottle discarded in the Atlantic in 1969 washed up in the English Channel near Blankenberge Belgium in June 1971. The note inside asked finders to return it to a South Carolina address and was sealed with a used bottle cap.
MENTIONED IN THIS ARTICLE
Columbia
S.C
English Channel
Gulf Stream
South Carolina
Blankenberge
Belgium
Used Oil Tops Pollutant in World Water
New York reports that oil spills from ocean tankers accounted for only 2 percent of 5 million gallons dumped into global waters last year. The majority, 68 percent or over 3 million tons, came from used motor and industrial oil dumped into storm sewers and rivers by factories and service stations.
MENTIONED IN THIS ARTICLE
New York
Dallas Man Named Head of Vending Commission Panel
A Dallas man was named head of a new vending commission and chosen as vice chairman. At its first meeting the panel hired Herbert Storch, a 20 year veteran of the state comptroller staff, as acting executive director.
MENTIONED IN THIS ARTICLE
Ne Commission
Commission
Herbert Storch
State Comptroller
Williams
Bob Bullock
Preston Smith
Smith
Bullock
Williams, Hendryx
L. C. Butler
Gulf Coast Distributing Co
Houston
Storch
Comptroller's Office
Vending Commission
Cut Rate Fares To Be Probed In Europe
The Civil Aeronautics Board will investigate cut-rate student and youth fares in Europe to see if they discriminate against other passengers. Earlier this year airlines offered student and youth fares as low as 190 dollars New York to London, vs a 452 dollar normal off season economy fare. Fares applied to ages 12 to 26 and sometimes to ages 29 or until a director is hired.
MENTIONED IN THIS ARTICLE
Washington
UPI
Civil Aeronautics Board
Europe
Transatlantic
New York
London
Girl, 12 Seeks Raise Despite Nixon Price Freeze
Susan Pauley of Huntington West Virginia wrote to Congressman Ken Hechler protesting that the 90 day wage price freeze blocks a 25 cent increase in her allowance from 75 cents to one dollar. She washes dishes cooks and babysits arguing she deserves a raise.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Susan Pauley
Huntington
W. Va
Ken Hechler
D-W.va
Susan
Hechler
Giant marijuana plant seized after towering 17 feet growth
Dixon described a 17 foot marijuana plant found in a garden row near okra planted in May. Police cut the stalk into sections, saved nine leaf clusters for demonstrations, and burned the plant after declaring it destroyed.
MENTIONED IN THIS ARTICLE
Pat Donley
Department of Public Safety
Lubbock
Noel Dixon
Texas Tech University
Slaton
Milton Adams
Ing
Dixon
Traffic Security
Chemt
Mutscher Involved In NBL Flight Billing Probe
The Dallas Times-Herald reports Texas House Speaker Gus Mutscher and Rep John Poerner were linked to National Bankers Life stock deals. A leased airplane carried Mutscher and Poerner from Austin to Uvalde for an appreciation dinner, amid SEC stock fraud allegations naming several politicians who profited from NBL stock.
MENTIONED IN THIS ARTICLE
Dallas
UPI
Texas House
Wal
Poerner
Gus F. Mutscher
Honda
Nat Mutscher
Fional Bankers Life Insurance Legislature
Wed
Nesday
NBL
National Bankers Life
Brea- Exchange Commission
Stocksham Democrat
U. S
Sarah T. Hughes
Sparlince, Inc
Sparlince
Austin
Hondo
Uvalde
John Osorio
Gus Mutscher
Times Herald
Sparlinco
Osorio
SEC
National Bankers Life iStock
Mutscher
iGov
Preston Smith
Texas
Smith
John H. Poerner
D-Hondo
Honda House
Uvalde Civic Center
Texas Republican Party
Vietnam Votes Amid U.S. Pressure and Unrest
In Saigon protests erupt as Thieu runs unopposed after Ky is ruled out by the Supreme Court. The U.S. plans to cut troops to 177,000 by December 1 while Thieu’s single ticket faces questions of legitimacy and foreign interference.
MENTIONED IN THIS ARTICLE
South Vietnam
Nguyen van Thieu
U.S
Ellsworth Bunker
Duong van Minh
Saigon
Nguyen Cao Ky
Thieu
Supreme Court
Minh
Bunker
Jackie To Skip Center Opening
Jacqueline Kennedy Onassis will not attend the John F. Kennedy Center for the Performing Arts opening next week. Through spokeswoman Nancy Tuckerman she cites private and personal reasons for her absence. The event, planned as a Mass by Leonard Bernstein, honors the late president.
MENTIONED IN THIS ARTICLE
Washington
Jacqueline Kennedy Onassis
John F. Kennedy Center For
National Culture Center
New York
Nancy Tuckerman
Kennedy
Aristotle Onassis
Leonard Bernstein
Blanchard Declines to Oppose Teaver Appointment
Blanchard said he would not oppose the Teaver appointment to a Texas post and praised Teaver as an able lawyer. He noted past tensions with Larry Teaver and said positions on the matter evolved after consultations with Smith and Teaver. Teaver, in an advisory Gov staff role since 1948, would fill a state insurance post paying 23000 annually.
MENTIONED IN THIS ARTICLE
Rod Shaw
Denzil Bevers
County Court-at-Law No. 2
Blanchard
Teaver
Larry
Senate
Avs
Tion
Avalanche-Journal
Teaver Ap
Charlie Mat
Tech
Austin
Travis County
Smith
Insurance Post
Insurance Commission
Larry Teaver
Texas
Roman UN
Also Mentioned on This Page
Lubbock Avalanche-Journal
Ethel Finlay
Boston
Mass
Edwin
Peter Bent Brigham Hospital
Groton
Sharp
Frank Sharp
George McGovern
South Dakota
McCgravern
el Paso
Cial
Andrew J. Biemiller
Labor Federation
Stuart Rothman
Rothman
National Guard
Francis Sargent
Sheila McGuirk
Judith Rosenthal
Sisters of St. Joseph
Massachusetts National Guard
State House
McGuirk
South Grafton
Rosenthal
Northhampton
Timothy Regan
R. B. Williams
Girl
Freeze
Tokyo
Society For World Peace Inc
Paris
Geneva
Rome
Bonn
Gus
DMZ
Jackie
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