FALSE PRETENCES.

New Zealand Herald, Volume LVII, Issue 17641, 30 November 1920, Page 7

FALSE PRETENCES.

OFFENCE BY A YOUTH.

OFFER TO SELL SHARES.

'MORTGAGING" HIS PATRIMONY

( harges of having obtained sums of money amounting to £52 JLOs from Murray Wiseman by false pretences were made against Holroyd Wynti Taylor (Mr. Herman), aged 19, who appeared before Mr. -J. W. Poynton, S.M., in the Police Court yesterday.

I Murray Wiseman, managing director of IJ. Wiseman and Sons, Ltd., gave evii dence that on October 26 the accused came to Ins office and said he had an interest in his father's estate and requested a loan Witness lent him £52 10s, and accused said he would get the trustees—his mother and brother—to consent to the transfer oi certain shares and he would give witness 60 shares in J. Wiseman and Sons, Ltd., tor the sum lent. The accused said he had ; not got his mother's signature to the I consent to transfer, but witness believed ! the brother had signed it. Witness agreed |to take the shares at l?s 6d each. Some I days later witness discovered that accused had no authority to sell. Witness now | believed that tie accused's brother did I not sign a transfer. About 10 days later the accused gave witness a cheque for £52 10s and said he would try to obtain the money. Witness did not ask him to return the money, although it had subsequently been guaranteed by a relation of the accused. Cross-examined by Mr. Herman, witness said there were over 400 shares in the company in the estate of the late Mr. lay lor, accused's father. Detective-Sergeant Hammond said that when arrested on November 17 accused admitted having obtained £52 10s from Mr. Wiseman and that he had not authority to dispose of the shares without the signatures of the trustees, who were his mother and brother, neither of which had signed the transfer. He said he could tret the money to repay Mr. Wiseman. He also admitted that he had obtained £100 from a solicitor, who was carrying out the transfer of these and other shares to which accused would be entitled when be was ,of age. Accused maintained he I had a perfect right to mortgage the money j which was coming to him under his ■ father's will.

j Chief-Detective. McMahon said the young j man had been living a fast life. A paid j bill for taxi hire showed that £29 had been j spent in that pleasure, and although receiving onlv 25s a week he had been staving at a fashionable hotel, paving 25s a dav. The magistrate, after counselling the lad to avoid excess and expense, convicted him and ordered him to come up for senj tence if called upon within 12 months, on j condition that he abstained from liquor I and fast living.