Monday, Dec. 11, 1933

To news of bygone weeks, herewith sequels from last week's news:

P: To the suit by Mrs. Esther Busby against Chicago's First National Bank because the value of her late husband's estate had largely evaporated while the bank acted as executor (TIME, Nov. 27): a decision denying her any damages. The judge who heard the case found that the bank's judgment had been bad, but that it had not been negligent, declared that the courts can grant no redress for such losses provided executors use the same diligence in handling other people's money that they would use in handling their own.

P: To the conviction of Ernest James Stevens, Chicago hotel & insurance scion, for embezzling $1,208,463 from the defunct Illinois Life Insurance Co. to bolster up the Stevens Hotel (TIME, Oct. 23): sentence of one to ten years. Charges against his ailing father James William Stevens were dropped.

P: To the attempt of Cook County, Ill. authorities to extradite Martin John Insull, brother of Samuel, from Canada, (TIME, Oct. 17, 1932 et seq.): order for extradition granted by the Ontario Supreme Court. Martin Insull was charged with larceny and embezzlement of funds in two Insull utilities companies of which he was president. His attorneys immediately obtained his release on a writ of habeas corpus, planned to appeal. A newshawk who asked Fugitive Insull to comment reported that he picked up a Bible, intoned the following verses: "Six years thou shall sow thy field. . . . But the seventh year is . . . a year of rest unto the land . . . for thee, and for thy servant, and for thy maid, and for thy hired servant. . . ."

P: To the conviction of Isidor Jacob Kresel for "abetting the misapplication of funds" as counsel for the defunct Bank of United States (TIME, Nov. 27): sentence of 18 to 30 months in Sing Sing. Ailing Counsel Kresel obtained a certificate of reasonable doubt, was released on $10,000 bail, prepared to appeal.

P: To the petition of Cartoonist Harry Conway ("Bud") Fisher that his $400 weekly alimony payment to Aedita S. Fisher (onetime Countess de Beaumont) be cut to $100 (TIME, Sept. 11): rejection.

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