Word: merritts
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Controversy keeps dogging Louis Elwood Wolfson. On grounds that he had milked the company of millions, the Government in 1956 refused to renew his contract to run the Capital Transit bus-and-trolley line in Washington, D.C. In 1958, Merritt-Chapman & Scott Co., of which Wolfson is chairman and controlling shareholder, pleaded nolo contendere to charges of bribing a county official in Washington State to help win the big Priest Rapids Dam construction job; the company paid a penalty of $50,000. Also that year, the Securities & Exchange Commission charged that Wolfson tried to drive down the market in American...
Controversy has not abandoned Wolfson, now a greying man of 54, although he has abandoned most of his ventures except Merritt-Chapman and his profitable hobby of breeding race horses at his Harbor View Stable in Florida (1965 winnings: nearly $1,000,000). Last week a federal grand jury in Manhattan hit him with the first criminal indictment in his career...
That is not all of Wolfson's woes. In April, as a result of several shareholder suits, Merritt-Chapman & Scott agreed to slash Chairman Wolfson's annual compensations from last year's $525,-000 to $150,000. The settlement came unstuck when the SEC asked the New York State Supreme Court to adjourn the case temporarily. The Commission's lawyer said that it was completing an investigation that could have consider able bearing on the case. Court hear ings resume this week, and the SEC plans to return with what it calls "ma terial facts" concerning...
...Murder in the Cathedral through September 11. Reviews of the Festival's other three productions will appear in the next issues. The drive to the picturesque Stratford grounds by the Housatonic takes under three hours via the Massachusetts Turnpike, the Route 91 bypass and either Exit 53 from the Merritt Parkway or Exit 32 from the Connecticut Turnpike. Performances tend to begin promptly at the designated hour. There are free outdoor facilities for picnickers.) final scene, when Falstaff appears with a saffron cloth tied on his stick to hail and cheer the prince-becomeking, only to be banished in return...
...biology teacher who in 1960 was fired by the University of Illinois for advocating premarital sex, and Jefferson Poland, a restless student who says he is studying to be "either a lawyer or an agitator," founded the New York City League for Sexual Freedom. Poland, who now attends Merritt Junior College in Oakland, took the offensive for nudism by wading naked into the ocean at San Francisco's Aquatic Park last August with two beefy members of the off-campus San Francisco Sexual Freedom League, Ina Saslow and Shirley Einsiedel. All were arrested. The girls got suspended sentences...