The Royal mail case, Rex v. Lord Kylsant
Subtitle: and another
By: edited by Collin Brooks...
Series: Notable British trials; Notable British trials series
Publisher: W. Hodge & Company, limited
Published: 1933
Place of publication: Edinburgh and London
Language: eng
Number of pages: 276
Subjects: Trials, litigation; Trials (Fraud); Fraud; Cases; Royal Mail Steam Packet Company
Other titles: Rex v. Lord Kylsant, and another
Description: "The trial of Lord Kylsant in 1931 marked a turning-point in the history of company finance. The Kylsant case cannot be understood unless the financial background of 1928-31 is properly envisaged. After the boom of the former year, crashes and crises were many, ranging from the conviction of Brandreth of the "Ner-Sag" companies to the frauds of Clarence Hatry; but the Royal Mail Case assumes a greater importance to investors from the fact that those charged were felt to be not rogues but honest men."
Notes: Lord Kylsant and H. J. Morland were tried in the Central Criminal Court, London, July, 1931, for issuing misleading accounts over a period of years. Lord Kylsant was also charged with regard to a prospectus. cf. p.xlii.