Stare v, ¥, PuNTO AND INS. A. ChCCLOPOLE
Before Cav. R. Rapex CCounsne: M, d'Auxlon de Rulfe and Dr. Costantini, for Defendant.
Sir. Sec. Masters, watching bret ior' Messrs. International No sooner had judgment on P. Pinto, manager and director of the [Pinto Bank, been pronounced in the Mahan Consular Court on Thursday than' the hearing of another case commenced, Pinto being charged on this count with exacting illegally high rales of interest on loans to {wo other parties. Judgment on the frst case, brought against Pinto. and Mrs. A. Cacelopoli for defrauding the Iniermationel Assurance Com= pany, Lid, was pronounced by Cav.
Raper, Mahan Consular Judge, a5 follows: Pinto to serve 14 months imprisonment, and. to pay a fine of 2.000 lire; Mrs, 'Cacelopali to. serve six months' imprisonment, and. to pay a fine of 200 lire. The latter Fentence was suspended for five *"The case brought for defroudine ars.
the "insurance company commenced fon Tuesday, when a mimper of witesses gave evidence which was Drought to 9 crux on Wednesday morn-Ing when a Russian by the name of Count T. Tatishef, who bad been
ist the Central Police Station, rela confined in the same al a Pinto {intimate conversations which, id, had taken place between him and Pinto, In the course of these coa-Yersations, Count Tatishell declared Pinto had made plans for Tatishel! {to escape from Shanghai, and had men-Moned the name of a third party to whom Talishelt could apply" for a se passport. if Pinto" were still tained in prison.
Tt is understood that Pinto's coun-
Jsel has already' fled an' appeal inst this "decision, and. that' this Will be heard before "a court fappest in. the "Island "of" Rhodes. Counsel for the defence in the frst faction were M. d'Auxion de Rul and Dr. G. Costantint, High Rates of Interest 'The second case concerns the dealings of Pinto with two other ahong named' Cariafo and' Gargullo, (Carlsio said that he had at one time ked Pinto for $500. Pinto. hed given him $480, and he had paid back the sum of $600 on the Joan. Another time, he Borrowed $990, fond pald back $424, and on August T'iast he borrowed. $500, and paid back the sum of $596, By defendant's request. the evidence of Mr. G. V. Bykovsky was then taken, and the next witness, Mr, Bruno'Rubiai, said that he had applied to Pinto for the sum of $150, and Pinto had given him about $130 in. compliance With his request, on six promissory notes. "With this sum, Rublni paid an employee of 'Pinto' Russo, and the latter then went to Pinto's 'Bank and. explained that Rubin had handed over the money him. "Pinto denied having been paid' a call by Russo. with regard this Toan.
Mr. Garguly aald that he had received from' Pinto the sum of £30 fand $100, to send to his brother in aly, and he paid Pinto five per cent, per month on this loan. "tu June fast, he. borrowed " $500" from Pinto, and paid on this 18 per cent Interest per month. He hed also borrowed a further sum at a high rate of interest.
The evidence of V, Lasinsk Pinto's secretary, was then taken and the case was adjourned Sequel of Robbery follows robbery at the the week-end of Sept-1935, the sum involved being $63,000, An' action against the International Assurance "Ca. who refused to pay the claim made against them after the robbery, was instituted some "time ago in HM, Supreme Court, but was withdrawn.
At the commencement of this case, the previous Tuesday, the judge asked Mr, Master whether his clients seeking damages, plied that know what damages he was entitled to ask for. The judge then said that the "expense incurred by an action woud be" considered as damages, in reply to which Mr Master said his clients would like to be reimbursed for the expense incurred through the sation Brought in the British Court. "The judge intimated that the insurance company woud be entitled to claim damages if the suit against defendants succeeded, Mr. 8. H. Peek, assistant manager of the insurance' company, said his firm were approached by a representative of the defendant bank, who old him that the bank wished to take out an insurance policy. He companied the representative to the bank, in order to arrange for the policy, and inspected the doors, safes, ete. He was shown a balance-sheet. signed by public accountants, and also a daily record book, certified by the Italian Consulate. He did not ex-
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