In this connection the judgment reads, "I find from the evidence that no ironies of securities of any' gort whatsoever were ever deposited in the China Savings Bank and that if Mr, Steen honestly believed: that such.a deposit of $200,000 had been made he was the victim of a gross fraud which was perpetrated tupan him by Kentwell and his asso-clates, I find that neither Kentwell nor his associates had any right, tle or interest in and to the 358 shares of the Realty Syndicate stock which on January 26 belong ed tothe C. 0, C. company and that neither of these groups men, mor any persons composing same, ever acquired any title to said 358 shares of stock, either by such. pretended sale or otherwise."
In concluding His Honour stated, "L have no difficulty in reaching the conclusion' that neither $200,000. rior any other sum of money was ever paid-or credited to the account, of-the C.0.C. on January 26, 1927, as claimed by defendant, The pro: position of Kentwell and his asso-lates to invest $200,000 in the C.0.€. in its then state of hopeless insolvency, was so extraordinary and unusual as to be calculated to arouse the gravest suspicions in the mind of any reasonably prudent person as to the bona fides of the proposed purchases. Kentwoll's questionable reputation in the com= munity at that time, which in a general way at least was known Mr. Steen, was naturally calculated still further to increase such sus-
Text read from the printed page and cleaned; old type leaves the occasional error.