THE FEDERAL GOVERNMENT said in Washing-
(on it has spent nearly $2 million improving President
Richard Nixon's hames in Florida and California for
security purposes. The White Flouse disclosed that
businessman Robert H. Abplanalp, who helped the
President buy his San Clemente, if. retreat, has
been getting some money bavk in the form of rent asso-
ciated with Nixon's Key Biscayne, Fla., place.

 

 

A5.5 PER CENT increase in 1974 payments to all 28
million Social Security recipients is considered certain
to pass the Senale and is likely to confront President
Richard Nixan next week. Its approval by the House
would test Nixon's post-Watergate mood of accommo-
dation with Cangress, signaled this week when he
signed three bills he originially had opposed.

THE U.S. SUPREME COURT Thursday slapped
down activily by roving border patrols arbitrarily
stopping and searching cars near the United States
border — even if they do find large amounts of mari-
juana. The court overturned the conviction of an indi-
gent Mexican who was arrested when federal officers
stopped and searched his car, without su
25 miles north of the Mexican border in California and
found 161 pounds of marijuana.

  

THE HOUSE APPROPRIATIONS Committee, ap-
parently unshaken by the upheaval within the FI,
voted today (o allow the full administration budget re-
quest of $366.5 million to operate the agency in the 1974
fiscal ycar thal starts July 1

ANUMBER OF East Coast Banks Thursday boosted
their prime interest rate from seven and one-half to
seven and three-fourths per cent, following the lead of
the First National Bank of Chicago, which made the
move earlier in the week. The prime rate is the interest
charged by a bank to its top corporate buyers.
 
Los Angeles, Aug. 28 (AP) —

A suit against E. L. Doheny and
the directors of the Pan-American
Petroleum Transport company by
etockholders of the latter corpor-
ation who allege that the share-
holders were the real losers in
the Elk Hills naval oil reserve
leasing scandal, was on file here
today.

The complaint, filed yesterday
in behalf of Frank H. Kunkel of
Cincinnati, and other sharehold-
ers, declares that the stockhold-
ers lost $10,000,000 as the result
of the cancellation of the fraud-
ulent lease. It asks that Doheny
and the board of directors be com-
pelled to render an accounting.

The $100,000 which was de-
livered to Albert B_ Fall, former
secretary of the interior, by E. L.
Doheny. jr., in the much discus-
sed “little black satchel,’’ was de-
clared in the suit to have been
the rightful property of the stock-
holders. An -aceounting of this
exchange, which the complaint
branded as a bribe, was demand-
ed,

The lease, which was negotiat-
ed in behalf of the government by
Fall, was cancelled by a decision
of the United States supreme
court after the Pan-American had
spent several million dollars to-
ward developing the Elk Hills,
Calif., oil reserve and on the
building of oil storage tanks at
Pearl Harbor, Hawaii.

Kunkel’s complaint sets forth
that neither he nor any of the
plaintiff stockholders had = any
hand in the leasing negotiations.
Some time ago, aceording to the
suit, demand was made upon the
board of directors of the company
for the accounting but nothing
was done about it.

The suit demands that Doheny
personally be compelled to reim-
burse the stockholders for the al-
leged losses.
 