London, Apr. 12.
The case against the eight directors and promoters of the Scottish Amalgamated Silks Ltd. ended The defendants were A, Young, F. Tomlinson, J. Morison, G. Will J. Johnston S. Coats, Goats and G. M. Todd, and "the [charges were that they had defrauded the public of £439,000 by issuing]
false prospectus and misappro-Priating £362,000 by allotting shares Under the pretext of a bona fide allotment, The case opened before three judges in the Edinburgh Court on February 16. Nearly" 30 counsel had been briefed and the witnesses p for the Crown numbered 19 'The verdict brought in to-day acquitted all the defendants except A. Young and K. M. Todd, who were found guilty. "The utmost leniency, however, was recommended for Mr, 'Todd, who who wax given a sentence of only six months' imprisonment.
Mr. Young received a sentence of three' years' penal servitude.
The trial lusted 33 days and the! cent is estimated at £52,000,—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.