151
2.78
sheet. Cross entry between customers' deposits and Mortgage
& long term loans hasn't altered total of balance sheet, but
has added to attractiveness of balance sheet in my opinion
because increase in customers' deposit shows that customer s
have trusted bank to that and mortgage & long term loan
increased more attractive amount. Fach side of balance sheet
has been increased to equal amount. If cartain assets and
liabilities are wrongly in books they om only appear in
balance sheet with qualification. Books should have been put
right before items antered in balance sheet. If thing wrong
In book doesn't make it right by putting it in balance sheet.
I agree that Ex.I amounts to lien on shares.
Case for prosecution.
Remarded 2.15 p.m. 24.12.
Bail as before.
P.79
Deft in Court.
Så.
E.L. Agassiz
sa.
A.G. Grantham
P.M.
sa. A.G. Granthamd
2.M. 23.12.
As before.
Deft cautioned, sec.73.
Does not wish to make statement.
Mr. Davidson addresses Court.
No case to go to jury.
Not defending balance sheet. Do not say balance sheet good
from accounting point of view.
Must prove defendant made statement, knew to be false.
Prosecution must prove defendant's state of mind
-
prove
defendant knew were untrue.
The Schlesinger 10 2.B. 670.
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