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There must have been some reason for these transactions having been put through on the same day.
There is no reason as I can see on the face of the agreement » The $68,000.00 was credited to me on June the 1st and it was paid to me accordé ing to the Company's books in full on June the 1st. (Head Office Ledger - Exhibit Al referred
to). You get no were recerd except these letværs and the indication that has been made at the head of this account. It was in my writing. (read and Ledger handed to His Lordship) 1216 #48,000.00 was placed to your credit at the Dank and you in some way released the sank from paying this money. You gave them a dis-
charge of this money,
After payment.
What became of the money then?.
it was handed to wrs. Brewer to buy shares. You handed it to ars, Brewer and ars. Brewer Bought shares. mrs. Brewer bought shares in the Dank?.
Yes, in the Bank, Here share account shows the payment in cash of $48,000.00 on June the 1st.
These transactions appear on the opposite page of the shareholders' Ledger?,
It ex-
Yes, with the notice made by me to make cl car to anybody going through the books. piained its connection with the instone Trading Company. (Exhibit U- page 12).
It appears then the same sum is i■ a cash credit an the account of rs. Dorothy Brewer. (Hohibit û - Shareholders' Register shew to
the Jury).
inat was placed to her credit in connection with the purchase by her of these shares nominal val- us $480,000.00.
Yea.
She was the actual nolder of $480,000.00 worth of shares which were paid up to the extent of $10,00 each?.
400,300. shares.
the when applied for a loan, did she fill up one of those forms which the Jury have seen? Yes.
she appùied for loan to the sank for $432,000. 00 and the document sets out the arrangement by which taking up this loan she purported to pay all outstanding loans on these shares in advance No, outstanding calls.
All Jalla in advance, She purported to pay to the Company 402,000.00 in cash?. Yes.
this sum ás part of the figure appearing in the Report?.
You
Do That the Company hold in respect of these at this date, WEB ATS. Brewer's under❤ tasing to then to pay $432,000.00. It was wel. 1 known to you that wrs, Erswer had not got $432, 000.00.
Yes, my Lord.
She did not possess that.