Personnel

Last week the following were news: A Federal grand jury in Chicago last week indicted 19 officials of the bankrupt Insull holding company, Corporation Securities Co., for using the mails to defraud. Among those indicted (on 25 counts) : The Insulls, Samuel, Martin John and Samuel Jr., Edward J. Doyle, president of Commonwealth Edison Co., Harold Leonard Stuart, head of Insull bankers Halsey, Stuart & Co., Stanley Field, board chairman of Chicago's big Continental Illinois National Bank & Trust Co.

Washington Irving Moss, president of New Orleans' receivershipped Union Indemnity Co. (TIME, Jan. 16), resigned as board chairman of Standard Fruit & Steamship Co. Succeeded by his old associate, Felix P. Vaccaro, he will continue as a vice president "to devote myself whole heartedly to the ... company." Reason: "As president of Union Indemnity ... I have been subjected to some unfriendly criticism, which, no matter how unjustified, might reflect itself disadvantageously upon Standard Fruit. . . ."

Langbourne Meade Williams Jr., 31, vice president & treasurer of Freeport Texas Co. (sulphur) was elected president succeeding Eugene Levering Norton who stepped up to a less active chairmanship. Last month able President Williams marketed $2,500,000 of Freeport's preferred stock through his good friend (since Harvard Business School days), Partner Albert H. Gordon of Kidder, Peabody & Co.

Fred M. Carter, vice president of National Lead Co., was elected president succeeding forthright Edward Joel Cornish who became board chairman.

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