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By DANIEL SELIGMAN RESEARCH ASSOCIATE Joan W. Campo

(FORTUNE Magazine) – and Other Matters. LOS ANGELES -- The former mayor of West Hollywood was indicted by a federal grand jury Wednesday on 14 counts of embezzling government grants intended for the poor. The charges against the former mayor, Valerie Terrigno, . . . involved $11,000 . . . Miss Terrigno . . . was believed to have been the first acknowledged lesbian to be elected mayor of an American city . . . In one count, the United States Attorney's office says she wrote a . . . $575 check . . . to a men's clothing store. -- From an AP dispatch.