The case of Mrs. Betty Spunt against Mr. Julius Rosenfeld opened in the United States Court for China July 14. Mrs. Spunt [suing the defendant for Tls. 117,000, alleged to be owed to her as executrix of the estate of Jacob Spunt. She was made executrix by the French Court in 1929. Dr. George Sellett is Fepresenting the plainti, and Messrs. Harrington and Franklin the 'Mrs, Spunt, through the estate, Tls. 134,000, and had paid up Tis. i7,616 of this' amount, leaving Tls. 117,000.
Mr. Rosenfeld, the frst witness called, stated that with his father he had owned. a cotton trading frm which had lost money. He had plied to Mr. Spunt for assistance. Ten thousand dollars was supplied but was lost within several days. Mr. Spunt then asked that he be made a member of the firm. He bought 334 shares, and later 167 more. With this money lost Mr. Spunt ordered Mr. Rosenfeld to close the firm down, There followed testimony dealing with Mr, Rosenfela's association with Mr. Spunt in America, a Stock Exchange transaction, and various losses in the business.
Eventually Mr. Rosenfeld returned from America to Shanghai and be-ame an exchange broker.
Mr. Julius Rosenfeld was eros: examined by counsel for the plaint-if, Dr. George Sellett, when the case was resumed in the U, S. Court for China, on July 15.
The defendant admitted that he, as: 8 partner of the firm of A, B. Rosenfeld & Sons, and his father in 1024 owed to the late Mr. Spunt Tls. 140,000. That debt continued until 1626, when a new agreement was made between himself and Mr. Spunt, whereby all former obligations were liquidated, For the third day, Mr. Julius Rosenfeld, defendant, occupied. the witness box in the Spunt-Rosenfeld case in the United States Court for China on July 16, Mr. Rosenfeld's evidence throughout the entire day dealt with the' business relations between his frm and Mr. Spunt, During the morning he told of the terms relating to the sale of a seat on the New York Stock Exchange. Inthe afternoon much, attention was paid to the transfer of Tls. 10,000. from Rosenfeld to. the rin of J. Spunt & Ca. Mr. Rosenfeld also stated that for some time after the death of Mr. Spunt he handled latter's estate without charge. Later his trust was ended by Mrs. Spunt, he said.
Mr.' Rosenfeld_was cross-examined by Dr, George Sellett.
Mr. Julius Rosenfeld occupied the witness box for the fourth day on Suly 17, Two sharp discussions enlivened proceedings in the court. In the first Instance Dr. Sellett, attorney for Mrs. Spunt, asked Mr. Rosenfeld a lengthy firm of A. B. Rosenfeld & Son to which Mf. Rosenfeld took objection Jand to which he replied, "Your question "is too insulting for me to In the second case Dr. Sellett clashed with Mr. C. S, Franklin, Mr. Rosenfeld's attorney. "Mr. Franklin asked Dr. Sellett if he were accusing him of unprofessional conduct, Dr, [Sellett denied that he was.
Siost of the morning's testlmany dealt "with questions con-Jcerning the company's books and family and business relations, In the afternoon Mr. Rosenfeld was again cross-examined by Dr. Sellett and briefly re-examined by Mr. Franklin, The case was adjourned.
Text read from the printed page and cleaned; old type leaves the occasional error.