DIRECTORS ON TRIAL.
. » — ALLEGED RUBBER COMPANY FRAUDS.'. By Telegraph—Press Association—Copyright Sydney, August 20. The hearing has commenced of a charge against Joseph Cox and John George Aikman, directors of the Papuan Ttubber and Trading Company of falsifying a balancesheet by omitting therefrom an item of ,£350 which they knew to bo stolen. Counsel for the prosecution, in his opening address, stated that Cox had visited the company's properties and prepared a strongly adverse report. This report was not presented, but instead the directors issued a garbled, misleading report; also that the secretary to the company, who is now undergoing a sentence, before the meeting, confessed to Cox and Aikman that he had defrauded the company of the amount named in the charge, besides- being guilty of other defalcations totalling <£1600 or £1700. Yet the directors jnoved the adoption of' the report without saying a word regarding the secretary's defalcations.
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Dominion, Volume 5, Issue 1524, 21 August 1912, Page 5
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149DIRECTORS ON TRIAL. Dominion, Volume 5, Issue 1524, 21 August 1912, Page 5
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