Word: one-year
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...Fortas is a target again. This week's LIFE says that while on the Supreme Court Fortas became involved with Louis Wolfson, a corporate adventurer who is serving a one-year sentence for selling unregistered stock. Three months after taking his oath, says LIFE, Fortas received $20,000 from the Wolfson Family Foundation, ostensibly for advising the foundation on philanthropic affairs. Fortas returned the money after Wolfson was indicted on criminal charges; the reason given by Fortas' former law partner was that the Justice had been too busy with court affairs to do anything for the foundation...
...empire, accepted a painful verdict last week. Although a last-gasp technical appeal from a denial of a motion for a new trial is still pending in the case, the 57-year-old Miami Beach multimillionaire reported to Eglin Air Force Base near Pensacola, Fla., to begin serving a one-year prison sentence for illegally selling unregistered stock...
...federal grand jury indicted Wolfson in 1966 for his sale of stock in Continental Enterprises Inc., a Jacksonville theater-management company. As controlling stockholder, Wolfson should have registered his shares first with the Securities and Exchange Commission, a requirement of which he pleaded ignorance. In addition to the one-year sentence, Wolfson drew a $100,000 fine. He is also appealing a second 18-month term (and a $32,000 fine), which resulted from his conviction last year for perjury and destruction of documents during a SEC investigation in connection with Merritt-Chapman stock transactions. Wolfson insists that...
...City, Guatemala. Arenales served as legal counselor to the preparatory commission for UNESCO at age 24, was his country's permanent U.N. representative from 1955 to 1958, became Guatemala's Foreign Minister in 1966 after eight years of private law practice. When he was elected to the one-year presidency of the General Assembly, he said happily: "Guatemala can expect to preside about once in 100 years. For any man who holds the office, it is the peak of his diplomatic career...
Nearly 100 impatient Peabody Terrace residents voted last night to ask Harvard for a one-year moratorium on their recently-announced rent increases after they questioned L. Gard Wiggins, administrative vice-president, about the financial figures on married-student housing...