May 18, 1962 - James R. Hoffa, president of the International Brotherhood of Teamsters, was indicted today by a Federal grand jury. It charged that he had accepted more than $1 million in illegal payments from a Detroit trucking company. The trucking company, Commercial Carriers, Inc., was named as co-defendant. The two-count indictment was returned in Nashville, Tenn. The first count charged Mr. Hoffa and Commercial Carriers with conspiring to violate the Taft-Hartley Act provision that forbids employee representatives to demand or take payments from employers except for wages and other purposes named in the act. The second count charged Mr. Hoffa with receiving such payments. Earlier today, Mr. Hoffa pleaded not guilty in a District of Columbia court to striking a union associate in a fracas yesterday.