ejore Judge Feng Couneea: Mr. ¥. BD. Wong. for Heavy Joss' on speculation. hi }gaused the downfall of Mr, Soong [Tse-ong, compradore of the China [General Omnibus Company, it was disclosed in the First Special District [Court on Tuesday, June 8, when Mr. Soong was charged by police with Misappropriating a (oral of §73,759, in Room No, 11, frst floor, Sassoon House, and at 17it Connaught Road, between November 4, 1935, and June 6, 1986, 'The "amounts misappropriated by the compradore, the police (old the (Court, consisted' of more than $50,000 in copper coins accumulated inthe bus company and which were alleged to have been sold by the compradore; over $12,000 to pay the company's staff, and about $0,000 representing bus receipts, At one time, the bus Jcompany received dally about 1,000, }000 copper coins and, as it was impossible to dispose of them quickly, they were accumulated inthe com: ppany's store-room in Connaught Road, with the compradore being entrusted with their custody, a representative of the bus company told the court, The compradore asked the court to show him leniency. on the ground that he had surrendered himself to the S. M, Police and that, until he Informed the police of the misappropriations, the bus company did not know anything about ft. In 1932, the Jeompradore told the court, he started to do speculation and Tost. money. However, he managed to meet hi obligations by borrowing from his friends, "Last year, his loss was great that he was forced to appro-Priate the company's money to. his own use, All the company's money was handled by him, "Finding it impossible to straighten the affair, he surrendered to the Central Police Station on Monday morning as stil hoped to keep his position, the compradore told the court, Counsel for accused asked for an adjournment and bail so as to enable the accused to effect a settlement of the matter outside the court, $20,000 was the amount of bail fixed by the Judge and the hearing was adjourned for one week,
Text read from the printed page and cleaned; old type leaves the occasional error.