Word: theft
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Western Canada was shocked when Lawyer Machray, enfeebled by long illness, arose in Winnipeg's Provincial Police Court, leaning heavily on his cane, to be charged with theft. His peculations from University funds were now estimated at $901,175. In addition he was charged with stealing $60,000 from Heber Archibald, his former law partner. (The firm had gone bankrupt.) Begging a summary trial, Lawyer Machray pleaded guilty. Magistrate R. M. Noble, recalling huskily that for 25 years he had been a friend of the accused, passed sentence: seven years in the penitentiary...
Sirs: In TIME, July 18, photograph of a man in overalls is shown with his hands chained aloft being flogged for theft and sale of ice box upon which he realized the sum of Three ($3) Dollars. Question:-Have any photographs ever been taken of men in frock coats being flogged for scuttling millions from banks, building & loan societies, etcetera, etcetera, etcetera, etcetera? LEE K. STROBEL Los Angeles, Calif. TIME has never seen any photographs of frock-coated floggees, will most certainly print, as of maximum news value, the first such photograph available...
...elaborate are the precautions taken by armored car services against theft that, in big banking centres, movements of money and securities are taken casually (TIME, July 18). Into Manhattan's Chemical Bank & Trust Co. last week walked a man in the uniform of a guard of U. S. Trucking Corp. He told the teller he had "come for the money for the Federal Reserve." The teller handed him $56,325, scarcely looked at the receipt. The money was seen no more. Police scanned the records of former employes of U. S. Trucking Corp...
...terms, less California gasoline would be shipped to the East, all gasoline prices would benefit. Offer for Richfield. James A. Talbot, onetime chairman of California's Richfield Oil Co., and two other former high executives of the company last week spent their fifth week in jail, serving for grand theft. Had they picked up a paper they might have read that Consolidated Oil Corp, (Sinclair-Prairie combine) was offering $18,000,000 par value 6% preferred stock for Richfield, which has been in receivership for 17 months. If the deal is acceptable to Richfield bondholders and the consolidated 6% stock...
Engineered by Aviation Protection Inc., brokers, and Barber & Baldwin Inc., pioneer aviation underwriters, the new plan was made possible by the collection of actuarial statistics on sensible pleasure flying. "Hull coverage" (ground accident, fire, theft) costs 3% of the plane's value; public liability, $50 for the first $10,000; guest passenger liability, $40 for $10,000; property damage, $65 for $5,000. Personal accident insurance, available to members who have soloed 200 hr., costs $7 to $10 per thousand, is limited...