WASHINGTON--A Senate Committee yesterday told James R. Schlesinger '50, Secretary of Energy, to sell more than $33,000 worth of stock that he and his wife hold in an energy-related company. Members of the Energy Committee said the holdings represent a possible conflict of interest.
Schlesinger has nine months to dispose of 2100 shares of stock in the Newhall Land and Farming Company. The secretary disclosed to the committee that about 90 producing wells are located on 150,000 acres the company owns.
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