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I understand Mr. Brewer that it is admitted that this is not the only Promissory Note accepted in respect of the calls, there are others?.
Nes.
The Jury will know that whatever they decide about this figure applies to other figures. Yes it applies to other figures but in every case it is a Director of the Bank and a substan- tial man.
The value of the shares held by Mrs. Byewer was $480,000.00, I am right also in saying that these shares were held by Mrs. Brewer on the 9th of August, the date of this certificate?.
Yes, they were.
You certified in your certificate in respect of these shares, the company had received 90 in cean?.
100% in cash. 100% in cash, 90% being paid in advance of calis.
The Jury will have to decide whether the sank aid receive $480,000.00 in respect of these shares. what did the bank receive in respect of these shares exactly, will you tell the Jury The Bank had received 480,000.00. 10% of it being $48,000.00 having been a refund that I had given in respect of my agreement, the other $432,000.00 being money that had been loaned to Mrs. Brewer and used by her to pay up the balance of these shares.
what the bank did receive was this $48,000.00 by book entry. $48,000.00 appeared first in the books of the bank, as something which the Bank was due to pay, then appeared in the bookes of the bank as something which you had released the Bank from paying.
No, it appears in the Books of the Dank as having been paid by me.
It was a credit in your favour in the bank's Books?.
Yes, the next step was, i gave a cash receipt for it in respect of the Compradore order.
i am separating out this 48,000.00 so that the Jury will not be confused. This appeared as a credit to you?
I am sorry ir i appear dense, but I am trying to follow you.
Thàs $48,000.00 Xirst appeared as a credit to you and next appeared as something for which you kɛKİɛ released the Bank?.
Yeu. The sum of $68,000.00 goes in the books of the sank as being due to me. A payment of 68,000.00 appears in the books as being paid to me. Then it does not appear again except for the purchase of shares.
It is a credit to you in the Bank's books, then a payment out in the Bank's books and thereafter disappears from the books?.
The sum of $48,000.00 appears as having been paid in cash.
Faid by whom?.
By me. By agreement "A" June the 1st. The whole amount of 68,000.00 was paid in cash on the same day.
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