Manila, Sept. 12.
Mr. Venanci Conception, former President of the Philippine National Bank, was acquitted to-day by the Supreme Court on a charge of misuse of the Bank's funds.
The Court's vote was five for acquittal, four members dissenting, holding that the lower court's ver-diet sentencing Mr. Conception to a fine of $2,500 should be affirmed.
Mr. Conception is under a sentence of two years' imprisonment for misuse of the Bank's funds on another count.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.