Part 97

Q. Have you for some years past known Mr. Cochrane Johnstone?

A. Yes.

Q. I believe you have not done business for him till the present year?

A. No.

Q. From the 8th of February to the 19th did you make various purchases for him.

A. Yes I did.

Q. At the leaving off of the business on Saturday what was the balance.

A. L250,000.

Q. That was all omnium.

A. Yes it was.

Q. Have you taken from your books a statement of the business you did?

A. I have memorandums that will enable me to answer any questions.

Q. Has Mr. Baily from your books taken an account of purchases and sales?

A. I furnished Mr. Baily with a copy of it.

Mr. Gurney. Then through Mr. Baily I will give all the particulars of it.

Lord Ellenborough. Whether purchased with money or no they take upon themselves the disposition of that fund, shewing that they had an interest in the rise and fall of the funds, and that they sold on the Monday and gained a profit.

Mr. Gurney. Yes my Lord. On Monday morning the 21st how soon did you see Mr. Cochrane Johnstone?

A. I think between ten and eleven I cannot say exactly.

Q. Where did you see him?

A. I think I met him as I was coming out of the Stock Exchange.

Q. How near ten or eleven?

A. I think it must have been about a quarter before eleven but I cannot say positively.

Q. Did you receive any directions from him as to what you were to do with respect to the omnium?

A. I received an order from him on the Saturday, to sell L50,000 at one per cent. profit, and that I had sold before I saw him.

Q. At what had you sold it?

A. At 29.

Q. Did he give you any further instructions what to do with the remainder?

A. He then ordered me to sell a certain quantity at an eighth per cent more.