IFTEEN charges of embezzlement, totalling U.S. $62,679.51, were filed on Saturday by the District Attorney, Mr. Felthan Watson, in the U.S. Court for China, against Mr. Frank J. Raven, Mr, John Warner Brown, and Mr.
Albert Hamilton Driscoll, former officers of the American-Oriental Finance Corporation.
It was the first official action of the United States Government in connection with the affairs of the American-Oriental Finance Corporation, and other organizations, which suspended business on May 24, thi year.
All the charges state that the defendants received stock from hents for safe keeping, and that they converted the stocks placed their care to their own uso, Bail for Mr, Raven and Mr.
Brown, who is now in Manila, was set by Judge Milton J. Helmick at U.S, $10,000, and that for
Text read from the printed page and cleaned; old type leaves the occasional error.