P.82

153

was stating it corectly.

No evidence for per jury as to charge A.

Sec. 14 Perjury Ord.

corroboration.

No corroboration therefore entitled to be discharged.

Balance Sheet.

Amazing thing that auditor (4th witness) should be

one of principal witness for prosecution. Witness as guilty

as defendant if defendent is guilty of perjury. Still more

amazing that he avore balance sheet was true. Either both

guilty or neither.

Expression 'balance sheet' is here strictly limited.

perjury possible in balance sheet.

R. v. Crespingy 1 Espinasse 280.

Το

Cannot have per jury where construction of deed involved.

Russell on crimes p.475.

If

Balance sheet essentially a matter of construction.

applies to perjury charge must also apply to charge under

Larceny Ord. None of charges can be sustained at all. A11

items in balance sheet matters of opinion.

Uncalled capital.

Company received application for me. 6th witness

Baid were accepted.

8th witness said bad applications.

Clearly an offer to take shares and to pay what required on

allotment what required on Articles.

2.49 {1922 Hàn.) Palmer,

Only question is 'were shareholders entitled to take shares.

question of law. Not good accounting and misleading, but not

fal se.

Allotment Suspense Account doesn't release shareholders from

liability.

Same thing applies to Accounts Receivable.

If debts are included

must included in way the stand in

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