Word: subpoenae
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Cloak of Anonymity. Armstrong's objection overlooked the fact that Capehart merely wants to force stockholders represented by foreign banks to abide by U.S. regulations. Where illegal activity is suspected, the SEC can usually identify beneficial owners of stock held by U.S. banks-by subpoena if necessary. But it has no sure way of determining what part anonymous Swiss bank clients play in American proxy battles, therefore does not know when the law is broken. In a recent proxy battle for control of Fairbanks, Morse & Co. by Penn-Texas Corp. involving stocks purchased through Swiss banks, Armstrong admitted that...
Norman Gessert, until recently a Teamster employee, who was picked up in Ellensburg, Wash, by a U.S. marshal after he had dodged the committee's subpoena servers for two months. Gessert, a cousin of Beck's wife Dorothy, took the Fifth Amendment 71 times in 21 minutes, refused to answer even when McClellan asked if he knew his counsel. Said McClellan: "I just wanted to see how ridiculous and how frivolous these things can get when people find themselves in a situation such...
...civil rights bill would also provide for a new Assistant Attorney General to handle civil rights cases and would set up a six-member bipartisan commission with subpoena powers to conduct a two-year study of civil rights. But it is around the provision granting the Attorney General the power to file civil suits that the storm of criticism and reply has blown up. Arguments...
...also heads up the Senate's newly created special rackets committee, put the alternatives in two crisp sentences: "If he is leaving the country for good, well, that's it. But I assume he will be back, and when we are ready to hear him, we will subpoena...
...process server went to the Times to find Willard Shelton,* he was told that there was no such person on the payroll. Learning that a man named Robert Shelton had a copyreader's job on the Times, the process server wrote in "Robert" for "Willard" on the subpoena and handed it to Timesman Shelton...