Hennings sues brokers in $1.19 million suit over losses
Mrs Elizabeth Hennings widow of a Missouri senator sues broker Arnold Katz and Shearson Hayden Stone. The suit accuses excessive trading or churning from 1969 to 1974 that decimated her blue chip portfolio from about $300000 to $46778 plus 25000 in oil stock, with $52000 in commissions. It seeks $1,185,636 in compensatory and punitive damages. Brokers deny wrongdoing. The case highlights alleged misrepresentations and discretionary trading claims.
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Washington Star
Wheelizabeth Hennings
Missouri
Cassius M. Clay
Mexico
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Bike Star
Thomas Hennings
D-Mo
Tine Senate
Elizabeth
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U.S. District
Lehman Brothers
Shearson Hammill and Co. Inc
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Shearson Hayden Stone Inc
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Wallace And Reagan Speak At VFW Meet
LOS ANGELES AP Those who say George Wallace isn’t healthy enough to run for president are paralyzed above the neck he declares. Wallace addresses the 76th VFW convention while weighing a 1976 bid and a possible third party ticket with Reagan.
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Quints Father Hasn't Yet Changed A Diaper
Jerry Davis has not changed a diaper yet as quintuplets arrive at Parkland Hospital Dallas. The five babies born July 18 weigh 2 pounds 12 ounces to 4 pounds 6 ounces and will go home once reaching five pounds. The family adjusts to roughly 400 diaper changings weekly and 30 feedings daily as the first year unfolds.
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Church Fears Tyranny Through Technology
Washington AP reports Senate intelligence panel chair Senator Frank Church warns that U S eavesdropping tech could enable total tyranny if a dictator gains power. He says government capacity to intercept messages erodes privacy, with potential to reveal private conversations anywhere. He notes CIA actions in Portugal raise risk of exposure and questions past White House clearance. Church defers on 1976 presidential bid until committee work ends.
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Snake Sets Off Display In Sky Over St Joseph
A dead snake crawled onto a transformer circuit breaker at St Joseph Light & Power Co causing a short that lit up the night sky to Clarksdale and left about 2500 homes without power for an hour. The transformer substation outage created a major traffic jam at the city’s main intersection with no injuries reported.
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Joseph
St. Joseph
Clarksdale
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