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His Lordship:
A.
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Mr. Fitzroya
Q.
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His Lordship:
A.
Mr. Fitzroya
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Let me get on with the story. You have told me then there was money there that you might have taken but you did not. You told me that yesterday. Ao 1 said, I would like to refer to the cash book. I am not trying to tap you. You stated yesterday that you might have taken money. You did not re- nedre nonoy in the form of cold or qu?Tinoj, Nay I emiuln in vluat form I received it, I did not ressive bankacies or acin, I reccired a Comprader a Order
which you never presented?.
I receival & Corpudore order and did not present it, pendir begotiations.
You said in your Letsam you were prepared to refund $55,000.00 and as you never received it, is the result, not but you nefwid 19 wut that you surrond- ered your right to call that $55,000,00?.
No, because I had received a conradore order which was on good as tha cash, which is the same as sheque. I aral?y handed back that compradors order and hunded bank the equivalent.
Phen you handed back this Conqaadore order to the Directors".
Y98.
That is right, don' 34?.
Quita.
I only want to cat this clear. That compradore
Order was never ceshed?
It was never oaghed but the money was there and that is the origin of the mount of : 45,000.00
the compradore paid £45,000.00 in cash to ne if net af nory,
With regard to të 18 $48,000.00 which lire. Brewer paid, that wa nothing more that a book entry, Krs, Brewer Never had $48,000.00 in her possession?, She and the congredere's order for a much larger sun and abe was entitled to cash to the extent of $48,000.00.
After peu sviradored?.
No, my Lord; you see in ny letter to the Directors I said that this I am giving to re. Brewer to hold to their order,
but
You surrendered your comradore order by trans- ferred it to Fre. Brevar?.
To ra. Trever, my letter states that a That ie the order for $68,000.00?.
That is the ordar for $48,000.00 .
I am sorry that the matter wis not put out clearly before.
But the matter was clearly stated.
Mr. Brewer received $68,000.00 lat surrender od $50,000.00 and there is a balance in his favour of $15,000.00 which I think he received and tock up in the form of shares.
No, my Jerd, I received $13,000.00 and paid $7,000. 06 to my $20,000.00 worth of shares.
iar. Brewer told us yesṭarday that he was not tied down in any way as to how the morey was to be used. 1 was luckily not tied down.
You took up $20,000.00 worth of shares?.
1 paid $30,000.00 for them - shares to the value of $20,000.00 fully paid up shares. 10% and 90%
in advance.
-
You paid $20,000.00 and that included 90% in ad- Vance?.
Yes.
I understand how $13,000.00 was paid but how was the $7,000.00 balance paid?.
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