Sale and Legal Troubles
In 1952, Kraft Foods purchased National Dairy Products. Ovson Egg became part of Kraft, although the Ovson Egg offices remained in Chicago.
Shortly after the Kraft purchase, Morris and Leo Ovson were indicted on June 14, 1955, for perjury in a labor racketeering investigation. Both men lied to a federal grand jury about giving money to Joseph Glimco, president of Local 777 of the Taxicab Drivers Union, and to Max Podolsky, a union organizer for the Egg Inspectors Union. Joseph and Max were involved in the buying, selling, inspection and moving of eggs at the Fulton Street Egg Market in Chicago, one of the nation's largest egg trading boards. William Holloway, an accountant for Ovson Egg, was also indicted. Morris Ovson agreed to plead guilty to one charge in exchange for the district attorney dropping two additional charges against him and the lone charge against Leo Ovson. Due to his age, poor health, and retirement from the frozen egg business, Morris Ovson was not sentenced to prison but only to one year of probation.
Morris Ovson died in 1961 at the age of 77.
Read more about this topic: Ovson Egg
Famous quotes containing the words sale, legal and/or troubles:
“I keep thinking that what I need
to do is buy my leg back.
Surely it is for sale somewhere,
poor broken tool, poor ornament.
It might be in a store somewhere beside a lady’s scarf.”
—Anne Sexton (1928–1974)
“Hawkins: The will is not exactly in proper legal phraseology. Richard: No: my father died without the consolations of the law.”
—George Bernard Shaw (1856–1950)
“When trouble ends even troubles please.”
—Sophocles (497–406/5 B.C.)