Word: timminses
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Married. Pamela Turnure, 28, press secretary to Jacqueline Kennedy since 1961 (she plans to continue in the job); and Robert Timmins, 36, son of Canadian Mining Millionaire Jules Timmins and a senior partner in the family brokerage firm; both for the first time; in a Roman Catholic ceremony in Manhattan...
Last year the U.S. Securities and Exchange Commission accused twelve directors, executives and employees of the Texas Gulf Sulphur Co. of using "insiders' " information to their own profit. According to the SEC, the twelve knew about the company's rich new mineral strike near Timmins, Ont., and started...
Last week New York Federal District Judge Dudley B. Bonsai dismissed the charges against ten of the twelve. Among these were Texas Gulf President Claude Stephens, Executive Vice President Charles Fogarty, and Director Thomas S. Lament, a retired vice chairman of Morgan Guaranty Trust. In an 81-page opinion, Judge...
Last week, in a Manhattan federal court, the SEC amended its complaint against Lament, who had previously been accused of tipping the find to Morgan officers handling customer accounts. In essence, the amended complaint said that on that day of April 16, 1964, Lament had also bought 3,000 new...
Lamont bought 3000 shares of stock for himself on April 16, 1964--the same morning that Texas Gulf Sulphur had held a public news conference to announce the rich Timmins ore discovery.