THE BEVAN CASE.

Hawera & Normanby Star, Volume XLII, Issue XLII, 14 October 1922, Page 12

THE BEVAN CASE.

.HEARING OF EVIDENCE,

BY CABLE—PRESS ASSOCIATION—COPXBKJHI

R«ceiv.«d Oct

14 8,45 a.m

LONDON, Oct

During the hearing 'of the Bevan cfase at Guildhall, John P. Randall Parsons gave evidence that he . was holding power or attorney for his brother, Colonel William Frederick Parsons, who was absent in Australia and for whom he had £15,000 to invest. He; enquired into the prospects of the City Equitable and its associated company. He saw Bevan, who asured him1 that the prospects were good, even 'though the immediate yield on shares at the market price was below the yield from Government stock. Witness decided to buy the company's shares. Before he saw Bevan he bought two hundred preference shares idr £617 for his brother and one hundred for his wife for £302 10s.—Aus.N.Z. Cable: Assn.