Mr, Mayer, went on Mr. Newman, floated another British company (Mr. Mayer is an American) with dummy directors. He capitalized the company. for $250,000, allotting himself {$100,000 worth of' shares gratis and then proceeded to issue $50,000 worth of debentures to himself, covering all the assets, on the strength of an alleged loan he had made to the com-lurider this enormous burden of debt."
The only tangible assets were taken by Mr. Mayer and were being used to run the new company, Mr.
SALP, v. GX. anay, et Fanune to observe SALE. Tralle Rules.
Before Mr. C. I. Haines, Registrar (Fines and Cautions)
For exceeding the wailing period for ears at Nanking Road on May 19, Mr. C. N. Gray was fined 10/= by Mr. C. H. Haines, Registrar, in H.M. Police Court on June 8. Mr. MI. A. Kuhn was cautioned ona charge of causing his ear to walt with the right side next to the kerb at Burkill Road on May 14, For similar offences at Hankow Road on' May 18 and, Myburgh Road on May 14, respectively, Mr. A. F. Walker and Mr. L. C. Baker were also cautioned. Charged with failing to. renew her driving licence. Mrs. C, F. Butt was fined 5/-. Mrs. B. Nicholl was also fined 8/~ for parking during prohibited hours at Bubbling Well Road on April 12. For failing to have all the required lights affixed to his ear, Mr. G. H. Lawrence was fined 5/=,
Text read from the printed page and cleaned; old type leaves the occasional error.