In opening the case for the prosecution, Mr. Goldring said he had rather a long story, to tell. It appeared that in November last year Mr. Giesel was doing business with Reids Ld., Inc., and at that time accused was either manager of Reids or in some way employed by them. They became indebted to Giesel & Ca. for a comparatively large sum of money and on November 16 they agreed, by way of security for the debt, to deposit about $50,000. worth of goods. Later. they went into liquidation and their affairs were placed in the hands of a receiver. In February or March of this _year-defendant approached complainant and suggested he should take over what he could in the way of stock and plant from Reids, and is was done, the stuff taken over including a quantity of brandy, American whiskey, beer, etc., and plant consisting of bottling, filling and refining apparatus, then at their godown in Chaoufoong Road. This was all taken over, together~
Text read from the printed page and cleaned; old type leaves the occasional error.