Blandford Weekly News. — 1886-03-06 (Blandford, Dorset, England)

ADVERTISING STOCKBROKERS.  A case which thrown some light on the operations of "advertising stockbrokers" has been heard in the Lord Mayor of London's Court. It was an action brought by Mr. T. B. H. Cray, a farmer, living near Salisbury, to recover t;100, which he had paid to Mr. C. M. Mackusick, of Dashwood House, under alleged false representation. The plaintiff also claimed £5O damages for the detention of the money. From the statement of counsel, it appeared that in February of last year, plaintiff having seen an advertisement chewing how £l,OOO could be made by investing a ten pound note, cenamunicated with the defendant, who was an enterprising American. The result of some correspondence and one interview was, that the plaintiff deposited with the defendant for the purpose of taking a share in a "Syndicate," which was at the time under the management of the defendant, operating in stocks and shares. Shortly afterwards the plaintiff bought ten shares of £lO each in the Universal Stock Exchange Company (Limited). Toil, company was really under the control of the defendant. He had promoted the undertaking ; had made two of his clerks directors; had received 112.1,000 in shares as promotion money, and was also to have the privilege of having his circulars advertised at the expense to the company of £25 per diem ; but he (the learned counsel) was happy to say that the total number of shares subscribed by the public was £3O, of which the plaintiff took ten, and an unfortunate gentleman in Holy Orders took five.Althou4h this concern was said to be second only to the London Stock Exchange, defendant managed to conduct it in three small rooms in Dachwood House, Old Broadstreet. The misrepresentations of which the plaintiff complained were that the shares which the defendant sold him were vendors shares, and not shares of the company, while, instead of their being worth the full value of £lOO, with the certainty of their I being sold at a premium, they were not worth the paper they were printed on.---The plaintiff was called and spoke to these facts, and added that be lost over £7 on the syndicate transaction. He had put the company shares in the hands of a respectable broker, who said that people only laughed when they were asked to buy them.—Mr. Charles Harrison said he assisted in making up the Official Lict on the London Stock Exchange. The shares of the Universal Stock Exchange Company were unknown on the market —Mr. H. Lowenfeld was subpomaed to produce the books of the company, but said it would take a pantechnicon to bring them all. It was untrue to say that the shares of the company were valueless. Three ! hundred had been recently disposed of at pre- i inium. (Laughter.) For the defence, it was cubmitted that the plaintiff must be non-suited,because the only definite charge he brought against the defendant was that he had sold him vendors' shares instead of those direct from the company. It would be folly to say that was a fraud, even supposing it had been proved.—The Recorder said he was clearly of opinion that the plaintiff must be non-suited, as there was nothing to chew fraudulent micrepre. sent/Ilion.  Lord Londe•boiough has given a site on his estate at Market Weighton, East Yorkshire, as a public recreation ground for the inhabitants.  A telegram from Nice on Wednesday states that a duel with swords has been fought between MM. Albert Leroy and Hardy Polday, both well known in the fashionable world of Paris. The encounter ended somewhat seriously, both combatants being wounded, M. Albert Leroy badly. A very interesting discovery is reported from Vienna. The experts who are now examining the collection of papyri, consisting of many thousand rolls, which were found at El Fayontn, in Egypt, declare that among the rolls are several autograph letters of the Prophet Mahomet. . . _ _  temptßtwtaw:a While he was ascending the staircase If his house, reported themade l'aa; snfew T correspondentnueigsdhtayfgoom(". the efi 8 tit:ll4;e: t To-f7m3at M. which overlooks a garden, a shot was tired at him. The bullet broke the window, and was flattemd against the wall, falling at his feet. There is no clue to the would be murderer. An exciting scene was witnessed at a fire on the premises of a batter named Griffiths on Tuesday in Manefiester. In the terror of the first alarm Mrs. Griffiths threw tier two children out of the bedroom , window into the street below, and then jumped out herself. The deep bed of snow in the street so far broke the fall that ne her if the three was dangerously hurt. The tire was Coon extingui.hed,