The Royal mail case : Rex v. Lord Kylsant, and another / edited by Collin Brooks

Brooks, Colin (ed.)

Published by Delanco, N.J.: Notable Trials library, division of, 2003

About this Item

Fine copy in the original elaborately gilt-tooled leather, over gilt-tooled cloth-backed boards, with raised bands. All edges gilt. The classic Gryphon Editions design. An exceptional example; corners sharp with an overall tight, bright and clean impression. Still in the publisher's cardboard packaging. ; 8vo 8" - 9" tall; 276 pages; Physical desc.: xliii, 276 p., [5] leaves of plates : ill. ; 24 cm. Subjects: Kyslant, Owen Cosby Philipps, Baron, 1863-1937. Morland, Harold John. Royal Mail Steam Packet Company. Trials (Fraud) - England - London. Notes: "This special edition of . has been privately printed for the members of the Notable Trials Library."; orginally printed: Edinburgh & London: William Hodge & co., 1933. Summary: THE ROYAL MAIL CASE gathers documents from England during the Great Depression to recount an offense that "struck deep at the roots of investment confidence and menaced the whole stability of commercial financial practice," as stated in the book's Introduction.The book presents the well-regarded chairman of a great corporation, Lord Kylsant, who went to prison for his part in the affair, and the accountant who issued statements that told far from the whole truth about the soundness of the enterprise, the Royal Mail Steam Packet Company. To attract new investors, the company had issued a prospectus containing profit and loss accounts that concealed while not misstating its current position. When Royal Mail went under, its shareholders were left empty-handed. In his Introduction to the volume, Collin Brooks, an expert in explaining the world of finance to laypersons, deftly limns the ins and outs of the Royal Mail case. Professor Alan M. Dershowitz, in the Introduction he has written exclusively for the Notable Trials Library, remarks on similarities to present-day corporate malfeasance in the United States. Both writers call attention to the potential for conflict when auditors, who are meant to be watchdogs for shareholders--that is, the public--are beholden to corporations for their fees. 1 Kg. Bookseller Inventory # 171274

Bibliographic Details

Title: The Royal mail case : Rex v. Lord Kylsant, ...

Publisher: Delanco, N.J.: Notable Trials library, division of

Publication Date: 2003

Binding: Hardcover

Edition: Fine Facsimile Reprint.