MARCONI SHAKE CASE

Dominion, Volume 7, Issue 2186, 26 June 1914, Page 7

MARCONI SHAKE CASE

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M CHANCERY DIVISION

rURTHER ALLEGATIONS

By Aesoe.ioiion-Ciapyrijrht

fEfie, Jams 28, 10.20 p.m.)

„,. . Uofifl.ftrj, Jane 25, iWsre is a further development- in tho aotioH. in which Q, (il.I. for fs;tlisburv>. and fM<>r Wright, shareholders in the English Marconi Company, issued a writ Against Godfrey ami Harry lsaa.es, ik-ybonwe. Marooni. ma others io recover tho difference between the sale price- iMid tJso- par value or eiirtaia shares, namely, English suares amounting hi value u> £300.000, and American Marconi shares vi-Hli about £1,000,000.

l)Bi©nikrtts applied to the Chancery Division for pimw;uhns of tire plaintiffs' statement of elaim.

Counsel for plaintiffs stated that Us ha« the names of two or three ii>ore members of the syndicate, whteh jquJt m the shares, niu] created th« tioent. lie might discover mate, Jl'r. iSsdfroy Isaacs purported { 0 iittv*. purefewcsl iMuf a million. American shares, tort they ww rfiseovcrod tl«i£ seven Wuvlfetl thousand had tee-ii disait with, and of thw munfer m&® were jiot acentmtn\ f'w, while 180,000 were •placed m vl« names at' ptjople in Aiiie.r-.iea. I'laisiMffis dauncU that these were merely Godfrey Isaaes's nenii.iie.es, aird that tiro shares were <kdi> with ii, Lmidoij. . Defendants' coiiusd denied the aile<'S. turns,

The. Jodgfl intitimtM. tot as the p«-oetKT.iiij;-s were iflterkrctttorv, the stelemeats- showld be regarded as wisabstim, tinted.

Ilta ardor and tfe» ftppiicatiou wove ■iJwfatfci! until better affidaviis wore for-m-shed.