Word: bails
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Dates: during 1970-1979
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...video-taped New York performance being shown in 83 theatres across the country yesterday. Cambridge police and seven men from the Middlesex County District Attorney's office viewed the first performance, then arrested the nine on two counts of "immoral and obscene entertainment." All nine were released on $1000 bail each...
Lonnie McLucas was not in New Haven at the time the other New Haven Panthers were arrested. He returned, learned of the arrests, stayed for a short while to try and help gather bail money, and then began driving to Panther national headquarters in Berkeley, California. He said he was planning to make a report and then turn himself in. It seems probable he was also trying to reach national head-quarters in a desperate search for clarification as to George Sams' status in the Party and his reasons for ordering Rackley's murder...
Another Panther woman, Frances Carter, is presently free. After serving several months in jail, Frances Carter was ordered freed on bail by a Federal court which declared there was not enough evidence against her to justify her detention. When she refused to testify, she was again jailed, for contempt of court. After having served a total time of five and a half months, she was granted a satisfactory immunity, agreed to testify, and was freed...
Ever ready to take up a cause, Actress Vanessa Redgrave last week proffered aid to 18 Black Power demonstrators who had been jailed after clashing with London police. She posted herself outside the Marylebone Magistrates' Court and announced she would stand bail for anyone who needed it. Gallant though it was, her gesture proved to be empty; all of the defendants were freed on bail without her help to await their trials in October...
...bail out floundering brokerages ?and back up its boast that, since the 1930s, "no customer has lost money through the failure of a member firm" ?the New York Stock Exchange has raised a rescue fund by assessing its members. When a brokerage fails, the exchange draws on the fund to pay off the creditors, mostly bankers. Brokerages commonly use customers' margin stock as collateral to support bank loans. The danger to investors is that, if a firm fails and the exchange's trust fund runs out of money, banks will hold on to the stock of the margin...