Penn Central Disposal May Be Studied Again
Rep. Wright Patman signals a new House Banking Committee probe into Chase Manhattan Bank's May 1970 sale of 286600 Penn Central shares. He alleges the bank had inside information via its role in Penn Central loans and cites a May 21 meeting involving Bevan and executives from First National City and Chemical Bank. He notes prior reports showing banks dumped stock before public knowledge, implicating Chase Manhattan given its board ties to Penn Central.
MENTIONED IN THIS ARTICLE
Washington
House Banking Committee
Chase Manhattan Bank
Penn Central
Wright Patman
D-Tex
David Rockefeller
New York Bank
Rockefeller
Patman
David Bevan
First National City Bank
Chemical Bank
Chase Manhattan
Chase
First National City and Chemical Bank
Pennsylvania Company
Bevan
First National City and
Banking Committee
Stuart Sanders
One Man Faces Death Penalty in Kansas Case
AP reports Kansas has only one man on death sentence Kenneth Kilpatrick of Hutchinson not on death row but in Larned State Hospital. Kilpatrick, 24, was convicted November 25 for first degree murder and sentenced to life plus years before hospital transfer February 18, 1969. Kansas has executed 24 inmates since 1861. last executions in 1965 included four murders linked to the Clutter family case and two other killings. J. N. Woodson notes Kansas still has the gallows at Lansing. debate over the death penalty persists with a 1971 bill to repeal failing in the House.
MENTIONED IN THIS ARTICLE
Topeka
Kansas
U.S. Supreme Court
Kenneth Kilpatrick
Hutchinson
Kan
Lansing
Larned State Hospital
Kilpatrick
Clutter
Perry Edward Smith
Richard Eugene Hickock
Truman Capote
Zimmer
J. N. Woodson
John C. Hazelet
Sedgwick
House
Judiciary Committee
A Big Big Event at Paxico Wedding Joins Two Families
In Paxico Kansas a large wedding unites David Hund widower to Patricia Ebert, with 23 children present. The bride is mother of 12 and widow of Onaga, their marriage witnessed by 200 relatives in the local church. The eldest matron of honor is Barbara Turner and Janet Hund, two, serves as flower girl. The Ebert men Bill and Bernard are on leave and service in Europe.
MENTIONED IN THIS ARTICLE
Onaga
Kan
David Hund
Paxico
Hund
Patricia Ebert
Barbara Turner
Waverly
Tenn
Janet Hund
Ebert
Bill
Bernard
Air Force
London
Frankfurt
Germany
Methadone shown to ease newborn withdrawal in pregnant addicts
In San Francisco AP report Dr. James Connaughton Jr. notes that infants of 22 methadone treated heroin-addicted mothers largely avoid severe withdrawal, unlike 21 untreated infants. Treated babies show fewer withdrawal symptoms and complications, though some severe cases occur with recent heroin use before delivery.
MENTIONED IN THIS ARTICLE
San Francisco
James F. Connaughton Jr
Connaughton
American College of Obstetricians
Hayes Foundation to aid Memphis seniors
Special Call MEMPHIS AP Singer Isaac Hayes forms the Hayes Foundation to alleviate suffering. The first project is a home for senior citizens in Memphis to replace a burned retirement facility. Financing will come from concert proceeds and government funds at federal state and local levels.
MENTIONED IN THIS ARTICLE
Memphis
Isaac Hayes
Hayes
Congress Extends Nixon Price Wage Rent Powers for One Year
Senate approves a 67 to 4 vote to extend presidential authority to April 30, 1972, for price wage and rent controls amid inflation concerns. House earlier backed a two year extension. Sparkman carves a one year compromise while debates focus on presidential control versus congressional oversight. The measure also authorizes voluntary credit controls and two year flexibility in savings deposit rate ceilings to aid home financing.
MENTIONED IN THIS ARTICLE
Washington
Congress
Nixon
Senate
House
John Sparkman
D-Ala
Senate Banking Committee
Robert Packwood
R-Ore
William Proxmire
Dwis
Sparkman
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