THE BEVAN CASE
A DIRECTOR’S EVIDENCE. Picas Association— By Telegraph—Copyright LONDON, October 2. (Received Oct. 3, at 8.10 p.m.) Mr Grcemide, a director of the City Equitable, giving evidence in the Bevan case, said that at a committee meeting of tlm Board in November. 1921, at which only he and Bevan were present, it was unanimously resolved to give Bevan sole authority to deal with the company’s investments and cash balances. Bevan, at a subsequent meeting, admitted that the company’s investments were unusual, but assumed the main responsibility for them. Nevertheless, he declared that the company was solvent. —A. and N.Z. Cable.
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Bibliographic details
Otago Daily Times, Issue 18676, 4 October 1922, Page 7
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102THE BEVAN CASE Otago Daily Times, Issue 18676, 4 October 1922, Page 7
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