FUNDS STOLEN
FROM MANITOBA UNIVERSITY. BOARD CHAIRMAN ARRESTED. (United Press Association- -By Electric Telegraph—Copyright.) WINNIPEG, August '25. It is learned, to-day that after several days’ investigation, the. University of Manitoba’s endowment trust fund, recently officially reported to amount to one million six hundred thousand dollars, now tb approximately one hundred thousand, through thefts totalling eight hundred and forty thousand, and bad investments.
John A. Machray, K.C., a prominent, lawyer, chairman of the Board of Governors and bursars at the University has been arrested and specifically charged with the theft of forty-seven, thousand dollars.
Owing to ill-health the case was remanded until September 1. He yas released on fifty thousand dollars’ bail. Machray has long been connected with educational and religious affairs in the province.
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Hokitika Guardian, 27 August 1932, Page 5
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124FUNDS STOLEN Hokitika Guardian, 27 August 1932, Page 5
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