Mr. Rudolf W. Mayer, entering the witness-box, said that' Mr. H.W. Howell (then the receiver) visited him in May, 1996, and asked him to Invest some' money in the company. He sent a chartered accountant round to investigate, and the latter advised him not to put any money into the firm. There were possibilities, how-fever, if the company were re-organ-fod, and Mr. Mayer agreed to put some money into it if the company were so re-organized, there was a breach of contract the part of Mr, Mayer and that they. were defrauded of their rights by means of fraud, wilful misrepresentation and false, pretences. This is denied by the defence.
Text read from the printed page and cleaned; old type leaves the occasional error.