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VsEMls.SiCE ON EVER1TT AND…

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VsEMls.SiCE ON EVER1TT AND i FKY. SENT TO PENAL SERVITUDE. At the Central Criminal Court on Wednes- t day (before the Recorder), Richard Horace Everitt (33), and Henry Ernest Fry (61), smel- ters, of London and Swansea, pleaded guilty to a conspiracy to defraud Messrs. Barclay, Bevan and Co., bankers, and other London bankers, and to obtaining large sums of money from them under false pretences. There were other counts which charged the defendants with forging and uttering war- rants relative to the deposit of gold ore, but to the charges of forgery the prisoners pleaded not guilty. Mr. Horace Avory, K.C., defended Fry, and Mr. J. P Grain defended Everitt. Mr. C. F. Gill. K.C., with Mr. Besley, K.C., and Mr. Graham Campbell, prosecuted on behalf of the Bankers' Protection Associa- tion. The facts, which were well known were related to the court. The Recorder asked how long the frauds had been going on. Mr. Gill: We are charging for 1897, but I believe they began in 1894 or 1895. Mr. Gill, continuing, said Fry had been living in great state at Bickley. His private1 drawings from the bank from June, 1895, to his arrest had been £ 23,375. The Recorder: That is about £4,000 a year. Mr. Gill: Yes. In addition he had about £ 2,000 from the firms to cover his expendi- ture at home. Everitt had drawn about £ 10,000. This was the only distinction to be drawn between them. The total weight of ore pledged was 6.129 tons, whilst the stock was only 1.436 tons. The Recorder, addressing the prisoners, said: Henry Ernest Fry and Richard Horace Everitt, you have pleaded guilty to one of the most elaborate and mischievious kinds of commercial frauds that have been brought under my notice for a great number of years past. By an elaborate system you have suc- ceeded in defrauding banks with whom you dealt, who relied, no doubt, upon the high reputation which they were given to under- stand you. Fry. enjoyed in the commercial world. You involved in this fraud several other persons, one of whom was accepted by the prosecution as a witness, and who un- doubtedly was your accomplice, and without whose aid it would have been impossible to obtain these large sums of money. You have pleaded guilty to a charge of conspiracy as far back as 1897. The evidence before me is that during the time so "fovered by this in- dictment yuu obtained by means of fraud a sum amounting to £ 100,000. You. Fry, al- though you were aw.ailk- of the large sums which ran were so obtaining, were living in an extremely extravagant manner. Tfhooly J^eyond everything which was justifiable. I liave taken great care in the consideration of this case, and in the sentence which I am about to pass I shall draw no distinction. J You were partners, and although one Is a young inaii lie has been some years in business, and was perfectly well aware of the nature of everything that was done. I en- tertain grave doubts whether the sentence I am about to pass will be at all adequate to your offence, but as the prosecution have elected to limit thia case to obtaining money from one bank only, I shall not pass the sen- tence I otherwise should have passed. I now sentence you each to five years' penal servi- tude. The prisoners were thereupon removed. Everitt especially appeared to feel his posi- tion most acutely.

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