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TABLE 14.-Summary of cases instituted in the courts by the Commission under

the Securities Act of 1933, the Securities Exchange Act of 1934, the Public Utility Holding Company Act of 1935, the Investment Company Act of 1940, and the Investment Advisers Act of 1940

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TABLE 15.-Summary of cases instituted against the Commission, cases in which

the Commission participated as intervenor or amicus curiae, and reorganization cases on appeal under Chapter X in which the Commission participated

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TABLE 16.-Indictments returned for violation of the acts administered by the Commission, the Mail Fraud statute (Scc. 1341,

formerly Sco. 338, Title 18, U.8.0.), and other related Federal statutes (where the Commission took part in the investigation and development of the case) which were pending during the 1962 fiscal year

Number

of de-
fendants

U.S. District

Court

Indictment
returned

Charges

Status of case

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Apr. 3, 1961 Secs. 5(a)(1) and 5(a)(2), | 1 defendant deceased. Pending.

1933 Act; Sec. 371, Title 18,

U.S.C.
May 16, 1960 Secs. 5(a)(2), 5(c) and a), Appeal filed Feb. 21, 61, from the conviction of 6 defendants. Pending.

1933 Act; Secs. 371 and

1341, Title 18, U.S.C.
Mar. 14, 1960 Secs. 5(a)(1) and (2), 1933 All defendants arraigned; pleaded not guilty and posted bonds. Pending.

Act; Secs. 9(a)(2), 16(a)
and 32(a), 1934 Act; Secs.
2, 371 and 1621, Title 18,

U.S.C.
Nov. 2, 1961 Secs. 5(a)(2), 17(a), 1933 Defendant apprehended and released on $25,000 bond. Pending.

Act; Sec. 1341, Title 18,

U.S.C.
Jan. 23, 1958 Secs. 5(a) (1) and (2) and Defendants' petition for rehearing on Government's petition for writ of

17(a)(1). 1933 Act; Secs. mandamus dismissed, July 5, 1961. 1 defendant pleaded nolo contendere
371, 1341 and 1343, Title and found guilty on all counts of indictment and fined $5,000; remaining
18, U.S.C.

defendants dismissed.
July 5, 1961 Sec. 10(b), Rule 10b-5, 1934 Information filed against 2 defendants, both pleaded guilty and fined $5,000
Act.

each.
May 14, 1957 Sec. 17(a)(1), 1933 Act; Sec. Remaining defendant dismissed, Aug. 3, 1961.

371, Title 18, U.S.C.
Aug. 24, 1961 Sec. 17(a), 1933 Act; Sec. 1 defendant pleaded guilty to count 6 charging a violation of the Mail
1341, Title 18, U.S.C. Fraud statute; imposition of sentence deferred and placed on probation

for 5 years. Indictment dismissed as to remaining defendant.
Feb. 20, 1962 Secs. 5(a), 5(c), 17(a) and 24, Pending.

1933 Act; Secs, 2, 1341 and

2314, Title 18, U.S.C. Jan. 24, 1962 Sec. 17(a). 1933 Act; Sers.

Do. 1311 and 2314, Title 18, U.S.C.

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Name of principal

defendant

Abrams, Joseph

(Automatic Washer
Co. Inc.).
Addison, John Milton.

Albert, Sydney L.

(Bellanca Corp.).

Attaway, Sr., Curtis

Lee.

Autrey, Basil P. (Na

tional Union Life In.
surance Co.).

Smith, Murray L.
Bartz, Donald E. (Fi-

nancial Enterprises,

Inc.).
Beckerley, Richard L.
(Montana Reserve

Underwriting
Corp.).
Benjamin, Martin

(American Equities

Corp.).
Bergman, Vernon

Evans (Solomon
Evans).

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TABLE 16.—Indictments returned for violation of the acts administered by the Commission, the Mail Fraud Statute (Sec. 1341,

formerly Sec. 338, Title 18, U.S.C.), and other related Federal statutes (where the Commission took part in the investigation and development of the case) which were pending during the 1962 fiscal year-Continued

Byrnes, Joe H.

(Investors Mortgage
Corp.).
Cage, Ben Jack

(Bankers Bond Co.,
Înc.).
Caine, James E.

(Estates Life of

Washington).
Cannon, Jr., Thomas

P. (Capital Funds,
Inc.).
Carroll, Howard P.(H.
Carroll & Co.).

1 Northern District Aug. 31, 1960 Secs. 5(a) (2), 17(a) (1), 1933 Closed. of Georgia.

Act; Sec. 1341, Title 18,

U.S.C. do. Mar. 5, 19622 Secs. 5(a) (2), 17(a), 1933 Act; Pending.

Secs. 371 and 1341, Title

18, U.S.C. Western District July 17, 1947 Secs. 5(a) (1) and (2) and Do. of New York,

17(a) (1), 1933 Act; Secs.
371 and 1341, Title 18,

U.S.O.
6 Southern District Feb. 26, 1962 Secs. 5(a)(2), 17(a). 1933 Act; Pending,
of Florida.

Secs. 371 and 1341, Title 18,

U.S.O.
6 Northern District Apr, 22, 1960 Sec. 17(a), 1933 Act; Secs. $10,000 bond set for 5 defendants. i defendant deceased and 1 defendant a
of Texas.

371 and 1341, Title 18, fugitive. Pending.

U.S.O.
6 Western District Mar. 28, 1961 Sec. 17(a), 1933 Act; Secs. 1 defendant pleaded guilty to 3 counts of mail fraud, 3 Sec. 17(a) counts and
of Washington.

371 and 1341, Title 18, conspiracy count. Pending.

U.S.C. 5 Alaska..

Mar. 29, 1962 Secs. (a) (2) and 17(a), 1933 Plea of not guilty entered as to 2 defendants. Pending.

Act; Secs. 371 and 1341.

Title 18 U.S.O. 2 Southern District May 23, 1962 Sec. 17(a), 1933 Act.. Pending.

of California.

1

Southern District

of New York.

Feb. 6, 1961

Secs. 17(a), 1933 Act; Sec. 2. Closed.

Title 18, U.S.C.

Chapman, Frederick

L. (Barrett Herrick & Co., Inc.). Charney. David B.

(Trans Continental Industries, Inc.). Clark, William...

3

Southern District

of New York.

June 21, 1962

Soc. 1621. Title 18. U.S.O.. Pending.

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Cohen, Leon Allen

(Continental Under

writers, Inc.).
Columbus Rexall

Consolidated Mines
Co.

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Vidalakis, Nick S.
Cayias, William J.
Cromer, L. L...
Corrigan, Herbert E.

(Insured Mortgage

& Title Corp.).
Crane, John Joseph

(Southern Invest-
ment and Finance

Corp.).
Cromer, Lyman L.

(Columbus Rexall
Oil Co.).

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Mar. 2, 1960 Secs. 17(a)(1). 1933 Act; Case transferred to WD of Oklahoma. 1 defendant pleaded guilty. sus

Secs. 371 and 1341. Title pended imposition of sentence and placed on probation for a period of 5
18, U.S.C.

years. Pending.
Sept. 17, 1959 Sec. 17(a). 1933_Act; Sec. Notice of appeal filed by 1 of the 3 defendants convicted. Decision rendered
1341. Title 18, U.S.C. by CA-5 affirming conviction of district court. Petition for writ of

certiorari filed. Pending.
May 31, 1961 Secs. 5(a)(1), 5(a)(2), 5(c) 11 defendants pleaded guilty and 1 defendant pleaded nolo contendere, 1

and 17(a), 1933 Act; Secs. defendant was sentenced to 2 years imprisonment, suspended and put
371 and 1341, Title 18, on probation; fines ranging from $200 to $36,000 were imposed as to some
U.S.C.

of the defendants. Pending
Nov. 30, 1961 Rule 106-5, 1934 Act.

Closed.
Jan. 11, 19621 .do.

Do.
Jan. 12, 1962 Rule 10.6(3), 1934 Act.

Do.
Feb. 26, 1962 Sec. 17(a), 1933 Act. Sec. Pending.

1341, Title 18 U.S.C.
Jan. 31, 1961 Sec. 17(a)(1), 1933 Act; Secs. 2 defendants each sentenced to 3 years on their guilty pleas to Sec. 17 counts.

371 and 1341, Title 18, Remaining defendants dismissed.

U.S.C.
Sept. 28, 1961 Secs. 9(a) (2), 10(b), 32(a) Closed.

and Rule 10b-6, 1934 Act;
Secs, 2 and 371, Title 18,

U.S.C.
Nov. 8, 1961 3 Secs. 9(a)(1), 9(a) (2), 10(b) Order entered dismissing indictment as to 4 defendants. Notice appeal

and 32(a), 1934 Act; Sec. filed from the order entered Feb. 14, 1962, dismissing as to 1 defendant.
371, Title 18, U.S.C.

Pending.
Nov. 8, 1961 Secs. 20, 32(a), 1934 Act; Order entered dismissing indictment as to 3 defendants. Notice of appeal

Secs. 2 and 371, Title 18, filed from the court's order of Feb. 14, 1962, dismissing 1 defendant.
U.S.C.

Pending.
July 30, 1958 Secs. 5(a)(1), 5(a)(2) and 24, Closed.

1933 Act; Secs. 371, 1341

and 1343, Title 18, U.S.C. Oct. 8, 1958 Secs. 5(a)(1), 5(a)(2) and 24, Notice of appeal filed by 8 defendants. Opinion by CA-2 affirming the

1933 Act; Secs, 2, 371, 1341 judgments of convictions of 4 defendants, reversing conviction and dis

and 1343, Title 18, U.S.C. missing indictment as to remaining defendants.
Sept. 17, 1959 Sec. 17(a) (1), 1933 Act; Sec. One defendant deceased. All other defendants arraigned and pleaded not
1341, Title 18, U.S.C. guilty; 1 defendant changed plea to guilty to 1 mail fraud count and 1

Sec. 17(a) count and sentenced to 4 years. Pending.
May 18, 1960 Secs. 5(a)(1), 5(a)(2), 5(c) Closed.

and 17(a)(1), 1933 Act; Sec.

1341, Title 18, U.S.C. Mar. 1, 1961 ? Sec.17(a), 1933 Act; Secs. 371 2 defendants found guilty on Sec. 17(a) of 1933 Act and Sec. 1341, Title 18, and 1341, Title 18, U.S.C. U.S.C.; 1 defendant sentenced to 3 years, suspended after 3 months

followed by probation for 2 years and 9 months and fined $1,500; the other defendant fined $1,000 and placed on probation for 3 years. Pending.

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TABLE 16.—Indictments returned for violation of the acts administered by the Commission, the Mail Fraud Statute (Sec. 1341,

formerly Sec. 338, Title 18, U.S.O.), and other related Federal statutes (where the Commission took part in the investigation and development of the case) which were pending during the 1962 fiscal year-Continued

Name of principal

defendant

Indictment
returned

Charges

Status of case

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Sec. 10(b), 1934 Act and Defendant pleaded nolo contendere and was sentenced to pay a fine of $500.

Rule X-10b-5.
Secs. 17(a) and 24, 1933 Act; Pending.

Secs. 2, 371 and 1341, Title

18 U.S.O.
Secs. 5(a)(2), 17(a). 1933 Defendants apprehended; bonds set at $5,000 each. Pending.

Act; Sec. 1341. Title 18,
U.S.C.

June 14, 1961

Defendant posted $20,000 bond and pleaded not guilty. Pending.

May 28, 1962

Secs. 17(a) (1) and (2), 1933

Act; Secs. 1341 and 2314,

Title 18, U.S.C.
Secs. 2, 371 and 2314, Title

18, U.S.C.
Secs. 5(a) and 17(a)(2), 1933

Act.

Pending.
Defendant pleaded nolo contendere and sentenced to 3 years probation.

Mar. 16, 1961

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Mar. 8. 1961 Sec. 17(a)(1), 1933

Act; Closed.
Secs. 371 and 1341, Title

18, U.S.C.
Dec. 20, 1961 ..do.

2 defendants found guilty on 32 counts of indictment; 1 defendant sentenced

to a total of 10 years and fined $86,500; other defendant sentenced to a total

of 4 years and fined $52,000. Both defendants appealed. Pending.
Dec. 13, 1961 Sec. 17(a), 1933 Act; Secs. Defendant pleaded guilty and sentenced to 8 years imprisonment on 4 mail

1341 and 1343, Title 18, fraud counts, all to run consecutively, with an additional sentence of 3
U.S.C.

years each on 13 counts charging securities fraud, mail fraud and inter-
state fraud by wire to run concurrently with the mail fraud counts; re-

maining counts dismissed.
Oct. 31, 1961 Secs. 17(a) and 24, 1933 Act; Both defendants pleaded guilty on 1 Sec. 17 count. Pending sentencing.

Secs. 10(b), 32 and Rule
10b-5, 1934 Act; Sec. 1341,

Title 18, U.S.C.
Dec. 8, 1961 Secs. 5(a(2) and 17(a), 1933 Both defendants pleaded not guilty and sted bond of $3,000 each.

Act; Secs. 371 and 1341, Motions for dismissal of indictment filed Apr. 18, 1962, and denied June
Title 18, U.S.C.

29, 1962. Pending.
Jan. 7,1960 Secs. 5(a) (2) and 17(a), 1933 Defendant found guilty on 5 Sec. 17 counts and 1 Sec. 5 count and sentenced
Act.

to 10 years, 4 of which were suspended, and fined $5,000. Appeal pending.
July 14, 1961 secs. 5(a)(1) and 24, 1933 8 defendants pleaded guilty and sentencing deferred. Pending.

Act; Secs. 9(a)(2), 9(a)(6)
and 32(a), 1934 Act; Secs.
2 and 371, Title 18, U.S.C.

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