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Show lM LEDYARD TESTIFIES IN M NOTED EMBEZZLEMENT CASE S$ DETROTT, June 1 1. Henry D. Lcd- Jaf yard, chairman of the board of dircc- tors of the Michigan Central railway B and for many years president of the jg road, was on the stand ns a witness today in the police court examination rjBji- of Louis Jl. Case, of the failed brokor- iMrJa 'e nn 'an,oronJ Currie & Co., and ftsft vc CTnP'yecs f 'tlio firm, on the mffQ. charge of embezzling $50,000 from Cam- jMMj oron Currie, the head of the firm. The lf charge grows out of trading which the sHir employees are said lo have done under assumed names with the sanction of jHlflr Ir. Lcdynrd, who showed evident HfiK feebleness, had a joint account with K Mr. Currie on the firm 's books under WmJMt which ho said Mr. Currie had authority Bi to buy anything he plcasod. Bjfi Asked whether Mi-. Currie had done 2 trading for himself under Mr. Led- Hjf yard's name, the witness answered: H "T, cannot say." i?5S Justice -leffries asked Mr. Ledvnrd if iWlIS lie put ii) any margins when he" began I trading with Cameron, Currie & Co. US f "No, sir: T did nor, have to." was elfil ; the reply. "I told Mr. Currie I would AgJ : any time he wanted inc to, but he never $5! l. T id l),,r some American Mi i stock as collateral,-' he said. '(SiK "Xone of his other ousromers knew fof f his? ' the justice continued. "I do not, know.'' Mr. Lcdvard answered. |