Defendant, giving evidence on Monday, said that at first'. he was in partnership with Mr, P. Dentici, and when the latter deft, Messrs. Santor and Teodoro came in. On July 6, the day before the compradores' deposit was made, there was only §247 in the company's current account. The compradores' money was posited in the Shanghai Commercial and Savings Bank, defendant tmaking an entry that i: was security money and was not to be drawn against. The bank cashier refused acceptance on those conditions, 80 the money was put in the current account. The compradores did not raise any objection and, when told that the firm was short of money, they agreed that the account could be drawn upon, On July 7 $600 were withdrawn, Witness personally took about $240. Under his partnership agreement he was allowed to draw Tls. 150 montily, 50 he was within the amount.
The case was adjourned.
Worse than Bandits or Sandbaggers Following upon a bitter summing-up by Mr. F, J, Schuhl, acting Dis-filet Attorney. "Judge 38. D, Purdy delly who, deliberately had swindled Deter:
ant, crnss.cx: that he nev sol his interest in the company, though he intended to just be! re-he resigned his pos! Gon "as" manager. Me admitting writing to Une compradores, stating Uhat he was no longer connected with the company, because ha thought he was going to leave, Ho was not now associated with the management, but he had not left the company Apart from the de posits in the Shane!
Commercial Savings Bank, there account in the intern: Tt was in his name, belonged to the partners cther not more than was entitlal to under his agees:
ut Asked whether the company received $8,000 in security from vari-cus members of the staff and beyond that only made $200 in Profits, defendant denied having received as much as $8,000 and said the profits were larger.
"An Or ry Skin Game'
Bir, Schuhl then took defendant through a number of receipts and contracts and defendant admitted the receipt, of various securities Emounting in all to $1,200 and Ti. 3,000 from Marchi 3 this sear to the present time, In addition, shroffs had put up $500 and had sued for its return. The company fat present did not owe the com: advances beyond writes. Ile could whether the em pany now had less than $100 in hand. The montily: expenses averaged about Tis, 1,000. out by Mr. Tead; ne of the part ners, and signed by defendant, In summinie up. Bir. Schuh! contended that "this is just an ordinary skin game, the intention being to: fleece a string of Chinese ax much as possible." "He pointed out that, 27 dare after the company was established, and when 0. business, was passing, defendant inserted an advertisen Chinese papers, asking for Chinese m well He roped example was made of some. of the 2 wha were" going about,
Text read from the printed page and cleaned; old type leaves the occasional error.