. 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.
_Q._ In short did you sell the whole of it that day by his directions?
_A._ I did.
_Q._ At what prices?
_A._ At 29, 29-1/8, 29-1/2, 30-3/4, and 30-7/8.
_Lord Ellenborough._ At those different prices did you dispose of the
whole which Mr. Cochrane Johnstone held on that 21st.
_A._ Yes.
_Q._ At one or other of those prices.
_A._ Yes.
_Cross-examined by Mr. Topping._
_Q._ Can you tell me what was Mr. Cochrane Johnstone's balance on the
15th?
_A._ I think L465,000.
_Q._ On the 16th how much was that reduced?
_A._ On the 16th I sold L200,000.
_Q._ Reducing the balance of course to L265,000.?
_A._ Yes.
_Q._ Upon the 17th what did you sell?
_A._ On the 17th I bought L50,000. and sold L115,000. reducing the
balance to L200,000.; on that Saturday I bought L50,000.
_Q._ And you had his directions upon that Saturday to sell at one per
Cent.?
_A._ To sell L50,000. at one per Cent. profit.
_Q._ And you had done that before you saw Mr. Cochrane Johnstone at all?
_A._ Yes, I had.
_Mr. William Smallbone, sworn._
_Examined by Mr. Gurney._
_Q._ You are a Stock-broker, I believe?
_A._ Yes.
_Q._ Did you shortly before the 21st of February make any purchases for
Mr. Cochrane Johnstone?
_A._ Yes.
_Q._ You had made two purchases only, I believe, the 12th and the 14th?
_A._ Yes, only two purchases of L20,000. each.
_Q._ When did you sell them out?
_A._ On the 21st of February.
_Q._ At what did you sell them out.
_A._ 28-1/8, 29-1/4, and 29-1/2.
_Q._ By whose order did you sell them out?
_A._ I sold Mr. Johnstone's by his order; I sold M
|