The Archive · 1938

Whitney Pleads Guilty 'to Misappropriation

New York, Mar. 14.

Mr. Richard Whitney, former Presldent of the New York Stock Exchange, to-day was convicted of first degree' grand larceny in the New York Court of General Sessions, He was charged with taking and mlsappropriating a $105,000 family trust, fund.

'Mr. Whitney pleaded guilty to the: charges. "He is liable to a maximum sentence of five to ten' years imprisonment. The Court announced Mr. Whitney' would be sentenced within two weeks—United Press,

Text read from the printed page and cleaned; old type leaves the occasional error.

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