Payoff

Last week in Manhattan, Judge Francis Valente referred to Minot Frazier Jelke's "greed, wanton self-debasement, venal exploitation and progressive debauchery," and sentenced him to three to six years in Sing Sing for pimping. There was a silver lining: if he behaves himself, pudgy "Mickey" Jelke will get out not long after his 25th birthday in November 1954, when he will inherit his $1,000,000 oleomargarine fortune.

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