TEXAS GULF TRIAL CLEARS ALL BUT 2; U.S. Court Dismisses S.E.C. Charges Against Lamont and 9 Other Insiders All but Two Are Cleared in U.S. Trial of Insiders of Texas Gulf Sulphur Co.
ct dismisses SEC complaint that Tex Gulf Sulphur and 10 insiders capitalized on advance information of rich strike near Timmins, Ont, Apr '64; co sec D M Crawford and property surveyor R H Clayton, found guilty; pres Stephens, exec vp Fogarty and dir Lamont among those cleared