THE BANK CASE.

Hokitika Guardian, 8 December 1924, Page 3

THE BANK CASE.

[Reuters Telegrams.] BAIL REFUSED. (Received this day at S a.m.) LONDON, Dec. (i. At tlio hearing of the charges against Hobbs, hank oliicials gave evidence that an ncciniiit was opened at the K intis way Branch of the .Midland Hank on tlio sth. January, IBiJO to the credit of C. Robinson, witli a cheque for £150,00!). The following day CUIOJXX) in thousand pound notes was withdrawn, and the balance subsequently ■drawn hy cheques. Officials of the Paris branch of the Anglo-South American hank said that Capt. Arthur accompanied Xewton on the Bth. January. 11)20, and opened ati account with 120.000 pound notes, lie could not say which man handed them In. They produced the notes jointly. Jlobbs and Newton took the hard: .Jficial to lunch and afterwards returned to tlio Bank where they interviewed the manager, who suggested metincut in the defence of the Xntiooale and Rentes. While at lunch Xovion had said that Ilohhs was a retired :oiieitor. Ilohhs sioned the specimen signature card as an accountant. The oflicial produced a letter sinned hy Ilohhs authorising the investment as advised hy the chief accountant of the Anglo-South American Hank. The official stated that forty thousand pounds worth of Rentes were transferred from Ilohhs to Arthur on Oth. February. Arthur’s stock account showed that ho had disposed ol his Rentes in November, 11)21. Sir Marshall Hall, K.C., said he had never been in a ease before a mngi.strate where he had fewer instructions. The Magistrate, in refusing nail, said lie could not forget that Ilohhs was caught leaving the country with a large sum of money.