SHARE HAWKING CHARGE
CANVASS OF M'ARTHUR DEBENTURE HOLDERS £BO,OOO INVOLVED [Per United Press Association.] CHRISTCHURCH, October 2. The sum of £BO,OOO was said to be involved when Osmond Arthur Bridgewater, a city sharebroker, appeared before Mr Levvey, S.M., in court this morning charged with share hawking. Bridgewater, according to the charge, had during the past three years, namely on November 1, 1935, at Oamaru, gone from house to house offering shares in the Australasian Investment Corporation Ltd., a company incorporated in New Zealand, to certain persons, namely debenture holders, in the Investment Executive Trust Ltd. The information was a private one, laid under the Companies Act, 1933, and it was agreed to remand Bridgewater till October 15. Substantial bail was asked for by Mr Young, counsel for the prosecution. “ The evidence will be that no less than £BO,OOO is involved,” he said. “ Other prosecutions depend on the result of this hearing.” “ That is sheer exaggeration,” complained Mr Lee, counsel for the accused. The Magistrate fixed bail at £SOO, with one surety of £SOO, and ordered Bridgewater to report daily to the police.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/ESD19361002.2.100
Bibliographic details
Ngā taipitopito pukapuka
Evening Star, Issue 22459, 2 October 1936, Page 9
Word count
Tapeke kupu
182SHARE HAWKING CHARGE Evening Star, Issue 22459, 2 October 1936, Page 9
Using this item
Te whakamahi i tēnei tūemi
Allied Press Ltd is the copyright owner for the Evening Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence. This newspaper is not available for commercial use without the consent of Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in