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Business: Hopson Out?

Harassed by lawsuits, investigations and public suspicion, Howard Colwell Hopson, 53, resigned as officer and director of all Associated Gas & Electric units. Though usually listed in Associated reports as vice president & treasurer, the bald, roly-poly utilitarian with the flair for corporate obscurantism was the system's undisputed boss. He, not President John Isaac Mange, was the quarry in the Washington manhunts staged last summer by rival and Senate inquisitors (TIME, July 29, et seq.)

Ostensible reason for Mr. Hopson's retirement was poor health. Testifying in Washington, an Associated lobbyist once declared: "I've...

Quotes of the Day »

RAY KELLY, New York City Police Commissioner, on the arrest of a New Jersey man in one of the nation's most baffling missing-children cases, the disappearance more than three decades ago of 6-year-old Etan Patz.
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