FALSE BALANCE SHEETS
COMPANY DIRECTOR SENT TO GAOL COMMENT BY JUDGE (By Telegraph—Press Association.) DUNEDIN, November 29. Found guilty on two of six charges of publishing false balance-sheets in connection with the affairs of Burns and Company and its subsidiaries, Stanley Reginald Burns, aged 48, was sentenced today by Mr Justice Kennedy to nine months’ reformative detention on each count, the terms to be concurrent. His Honour said that Burns had represented companies as being of substance and value whereas there was nothing of substantial value in them. The balance-sheets created false impressions and greatly deceived shareholders and creditors and resulted in great loss to every person who might be induced to take them at their face value.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/WAITA19431130.2.24
Bibliographic details
Ngā taipitopito pukapuka
Wairarapa Times-Age, 30 November 1943, Page 3
Word count
Tapeke kupu
118FALSE BALANCE SHEETS Wairarapa Times-Age, 30 November 1943, Page 3
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Wairarapa Times-Age. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in