'There was no sharehojlers' meet ing before the return of the Realty Syndicate shares, just_ a private meeting of Wootten, Richer and Mr. clu Pne:—It was not a tomial meeting?—It was not. It was rot entered in the minute book.
Witness continuing said on January 22, Mr, Steen told him he was to receive a bank order for $200,000 which he was going to put into the What' was that for?—The sale of shares.
Only for shares?—For the shares of the company which he would take out—the Realty Syndicate shares.
Do you know to whom the shares You Dave heard of the Great Northern Saving Society?—1 have heard about them but 1 do not know who they were, 'On January 25, 1927, witness suid, the French ditcetors resigned, ind az this was not legal in French Jaw, a ggenoral meeting vas called for' February 17, at which the resignation was again made, Mr. Schuhl: You said you were chairman of the Board of Directors The Transaction Described Mr. Franklin, cross-examining: Did Mr, Steen explain to you the whole iransaction?—He told' me what I told you yesterday, Did he expl to the two of Mr, Richer was present.
Did he explain to you that it was proposed to sell to the Chinese group 840 shares of the C. 0. C.2 Yes.
That the Chinese were to turn over to the C. 0. C. a credit for
Text read from the printed page and cleaned; old type leaves the occasional error.