Another embezzlement ease was heard by the First Special. District Court on Thursday. The defendants were Chi Wen-ya and Woo Sih-dong, partners and executives of the Mow' 'Chang Hardware Ce. a Chinese-owned firm at £66 North Soochow Road. They were charged with embezzling' $54,000 between May. 1994, and November 1935. At the conclusion of the hearing. the defendts were ordered to furnish §10,000 snd $5,000 cash security, respectively, Although they admitted having unlawfully appropriated the money to their own use, the defend. fants said the amount was considerably less than $56,000. The first defendant admitted having em-bezeled only. about $6,000. It was alleged that the frst defendant invested $4,000 In the firm, and half lof his Investment had been borrowed from. others. When he became one Jot the firm's managers, he started use the firm's money' to pay his debts and for other purposes.
Text read from the printed page and cleaned; old type leaves the occasional error.