ALLEGED FRAUDS
SEQUEL TO HOME ENDOW-ME-VP > •vi E.\i E. COMPA.W PROMOTERS IN corin'. United Press Asim. b.v El. Tel. (Keyi'inK Si D.NF.V. rei. 5. ' 'J'he hearing is proceeding (J. the charges of conspiracy arising I rum flu' affairs of the I'loperlv Investment Company. Ltd. The accuse-i arc -Jolin Gunn, ihcilur, At m. Joli . Berk-eft t. company manager, Allan a razor Howden. and Harold Georg*Cruse. The prosem! ion stated thaU the company was lorm.ed Hi i.S 2. Mid einliarked on do home endowment scheme. 'The public, subscribed €31.090 whiclt bad all gon.'. (lima was to receive €2,060 yearly as governing director, having absolute am trol and to enjoy unusual privileges. Witnesses in evidence stated that Howden induced them to take shares in the company, which b< described as' returning 10 to ' 12' per cent, interest. The ease against Cra.se was struck out. The bearing is •infhuslmd.
United Press Ansn. by El. Tel. CopyriEri. (Received February G, 11 p.m.) SYDNEY. Feb. 6.
In the Property investment Company conspiracy case all the three defendants were committed lor trial.
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Bibliographic details
Gisborne Times, Volume LXX, Issue 11125, 7 February 1930, Page 7
Word Count
175ALLEGED FRAUDS Gisborne Times, Volume LXX, Issue 11125, 7 February 1930, Page 7
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