Chalmers. and Spence in the Witness Box: Trading Ventures That Failed: Nothing in the Bank: Verdict and Sentence The trial of A. M. Spence and G. Y: Chalmers in connexion with alleged bogus insurance company frauds was concluded at H, M. Supreme Cow last Friday. beters his Honour Judge Grain and a jury. The accused gave evidence in the witness box, Chalmers going into the history in some detail, and both denied being directly concerned in the insurance business, and said they had no reason to believe the two companies were other than genuine. His Lordship concluded his summing up on the stroke of five and the jury retired. They returned. in: 10 minutes with a verdict h of guilty inst both accused.
mone Wa then charged that on April 15, 1919, he was convicted. on two charges of estafa_(embezzle-iment) by the Court of First Instance in Manila, and sentenced to serve 18 months' imprisonment and pay an indemnity of Pesos 65,000.
He pleaded guilty.
His Lordship, after commenting upon the serious character of the offence and saying that he regarded Chalmers as the leading mind in the conspiracy, sentenced Chal-mors to 18 months' imprisonment, and Spence to 12 months, with hard Tus Hanxow 4
Text read from the printed page and cleaned; old type leaves the occasional error.