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Though Wolfson's personal fortune, once estimated at more than $75 million, has shriveled considerably, he still owns some $6,400,000 worth of Merritt-Chapman shares, a large horse-breeding farm near Ocala and an interest in a Jacksonville movie and television firm. Wolfson himself suffered a heart attack in 1966. His wife died last year of cancer. If both appeals fail, Wolfson still will have to serve a minimum of ten months...

Author: /time Magazine | Title: Executives: Exit for Wolfson | 5/2/1969 | See Source »

...immigrant junk dealer, St. Louis-born Wolfson rose to prominence during the '50s by expanding Merritt-Chapman & Scott, a heavy-construction company, into shipbuilding, paint making and chemicals as an early conglomerate. His unsuccessful attempt in 1955 to win control of Montgomery Ward won him a reputation as a controversial corporate raider. Later he managed to become the largest stockholder in American Motors Corp., which was then headed by George Romney, now Secretary of Housing and Urban Development...

Author: /time Magazine | Title: Executives: Exit for Wolfson | 5/2/1969 | See Source »

...Merritt-Chapman ran into a series of financial reverses and was already on the way to liquidation when a 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...

Author: /time Magazine | Title: Executives: Exit for Wolfson | 5/2/1969 | See Source »

...Chapman missed his free throw, Harvard cleared quickly and sophomore Joe Stanislaw, in the game for Gallagher, passed to George Yates underneath for a layup. Frye missed a driving layup, Harvard got the ball and another sophomore, Jay Noble, drove the length of the court for a difficult layup from the right baseline...

Author: By Richard D. Paisner, | Title: Cagemen Triumph Over Big Red, 84-77, Explode for Sixteen Points in Overtime | 2/24/1969 | See Source »

...defensive baseline set up Dover for an icing bucket to make it a seven-point margin with 22 seconds left. Harvard Cornell Waickowski 7 Calderone 11 Gallagher 17 Otto 4 Hardy 13 Frye 23 Dover 15 Schwarzkopf 13 Gustavson 12 Esdaile 15 Janczewski 10 Witkoski 5 Noble 6 Chapman 3 Yates 4 Lubbers 3 Stanislaw...

Author: By Richard D. Paisner, | Title: Cagemen Triumph Over Big Red, 84-77, Explode for Sixteen Points in Overtime | 2/24/1969 | See Source »

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