Show Jury Said Guilty After 10 Hours 1 Joseph M. M Schenck film magnate who was T z convicted convicted in New York 4 federal court Thursday ir S SOn on two a counts of a tax fax charge He was acquitted on two other 1 counts counts Sentencing t twill will take fake place C d dApril 24 April z Schenck Faces 1 10 0 Years For Evading Taxes NEW YORK April 17 AP Multimillionaire AP-Multimillionaire Multimillionaire Jos Joseph ph M M. Schenck was convicted early Thursday of income tax evasion evasion in n 1935 and 1936 and faces possible imprisonment for for- 10 years and fines of A federal court jury deliberated 10 hours to find tind the movie magnate guilty on on two of four counts but acquitted him of tax evasion charges for 1937 and of conspiracy to defraud the government Codefendant Joseph Schenck's eastern representative was convicted on the 1936 tax charge and acquitted on the other three three counts Schenck board chairman of the Twentieth Fox Century-Fox Film cor cor- was accused of evading in taxes during 37 36 while his defense was he had overpaid overpaid overpaid over over- paid by As Jury Foreman Emerson Hempstead read the verdict the pioneer slumped back in his chair and his face was red shrugged his shoulders who faces a possible 1 year five prison sentence and a I 10 fine also was red red faced faced and i tears welled in his eyes Judge Grover set April 24 as the date for sentencing and filing of any defense motions Both men left the court without comment Thus ended the week seven-week trial during which the Hollywood magnate magnate magnate mag mag- nate heard l himself described as asA A great builder of a great in industry in- in a a man loved by everyone lair fair lair to his friends and fair to the government by Defense Counsel Harold Corbin Liar fraud Liar cheat fraud by U U. S S. Attorney Mathias Correa Will Hays head of the movie industry industry in industry in- in Charles Chaplin and other film personages testified the reputations reputations reputations of Schenck and were above reproach The prosecution produced records records' s' s showing that Schenck had claimed in n his tax returns huge gambling losses that he neglected to report winnings and that he deducted as business expenses handed free-handed expenditures on women and pleasure pleasure pleasure pleas pleas- ure parties in Hollywood New NewYork NewYork NewYork York and Europe The trial was further marked by bya a parade of young women who testified that Schenck had lavished gifts on them ranging from a week a job to an expensive expensive expensive sive automobile One Grace Poggi a dancer said year old Schenck gave her a acar acar acar car the use of his yacht and an apartment the furnishings for which cost some |