The Detroit times., 1910-12-02
Stock Has Gone Up.

Stock Has Gone Up.
IF the transaction had gone through
as | expected IL would, the investment
would have been most profitable"
she said "Nipissing stock, which
bought at 81 a share, is today worth
Sill"
How did you happen TO pick Nipis.
sing for an investment" Mrs. Gray
was asked.
We'll, was visiting with my par
ents at the time, and | thought
ought TO try an investment OF some
kind with the little bit OF money |
had | knew nothing OF stocks, so |
asked my father. who used to be in
the brokerage business in London,
Eng, what was the best stock to buy
He recommended Nipissing. | then
went to the Peoples State bank and
bought what is known as a cashiers
check, with which to make the invest
ment with Cameron Currie e. Co.
carried on the transaction with one
of the clerks In the Office OF the brok.
ers, and | understood that | had
bought the stock as soon as | turned
over the check to him. He even testi-
fed in the police court examination in
connection with this case. that he UNI
derstood that | became possessed OF
the stock when / handed over my
check However, | didn't get the
stock and, of course, | lost my money.
| didn't even get a part of my invest
ment back. as did creditors whose
money was invested in different
way
ho fpi N
present husband twice. For eight
years during the separation, she was
a teacher in the Everitt school. De-
troit. The reunion and second mar
rage occurred three years ago
Cameron Currie, in talking with The
Times during a morning recess of the
court, took occasion to comment on
the conspiracy feature Of the warrant.
Charge Is Nonsense, Says currIe.
1T is all nonsense to charge that
Mr.. Case and l conspired to cheat
Mrs. Gray or anybody else he said.
why. | didn't know until July Is,
1908, that our firm was insolvent, and
that receiver was to be appointed.
On that day I had about $780, 900 In
vested in the business. OF this amount,
$4,000 belonged to my wife. Now,
don't you suppose that IL had known,
as the prosecution alleges, that the
firm was insolvent that | would have
told my wife TO draw out her interests,
half of which was In money and the
remainder in stocks? Instead OF that.
she and l lost everything.
Moreover, / paid into the business
during 1908 the sum OF $4,000 and
I.Nfs Th1 o..Af 4
made by Mr.. MACPHERSON, the expert.
showed that
Most Of the money | had in the
firm was represented in stock invest
ments. All this have lost. 1t Is now
in the hands OF the receivers. and they
Will no doubt be able to realize to Il
certain extent on the different stocks
| held Some of the stocks are I'm
I, copper mines and ought TO be of some
value. Whatever is realized will go TO
the creditors, however"
Counsel Clash Frequently.
The Thursday morning session OF
the case was marked by frequent In
terruptions and the exchange of sharp
personalities between counsel for the
defense and prosecution. Only two wit
ncSSeS were ntdIu, MTS. bTAy anu
Gordon Fernley, the clerk who re-
ceived Mrs. Gray's cashiers checq
when she negotiated for her stock in
the office OF Cameron Currie 4 Co
Mrs. Gray gave additional details OF
the transaction. while Mr. Fernley.
now a clerk in the Fairview Savings
bank. told of the part he played in
the transaction. lie said that Mrs.
Gray advised him tn place an order
for 90 shares of Nipissing stock. or
words to that effect"
While Mr. FeTnley was on the stand
Mr.. Aldrich essayed to question him
about the departure of MIR. Currie for
the east. some days before the deal
made by Mrs. Gray lie said he was
seeking Information in connection
with the charge OF conspiracy.
Mr.. Henderson objected 10 the
prosecutions testimony on this point
at any other time than the period in
( which the agreement between Mrs.
! Gray and the defendants was consum.