A far-reaching decision was handed down by Judge Julian W. Mack in the Federal Court, by which State prosecutors can hereafter examine the books of bankrupt brokerage firms for evidence of bucketing and other forms of criminal conversion. Hitherto State and city officials have found it impossible to obtain convictions against bucket-shoppers, who have claimed that such an examination of their books would be unconstitutional, and the equivalent of compelling them to testify against themselves.
The case arose in connection with the bankrupt firm of E. M. Fuller & Co., wherein accountants...
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