On Saturday last Mr. Cecil Chesterton was convicted at the
Old Bailey of criminally libelling Mr. Godfrey Isaacs, sentenced to a fine of £100, and ordered to pay all the costs of the prosecution. The jury found him guilty on five of the six counts of the indictment, and held that his pleas of justification had not been made out. In the summing up by Mr. Justice Phillimore, which on the whole was strongly
against Mr. Chesterton, occur the following significant words
" With regard to the American shares, he thought he might say in passing that there might be a claim by the English Marconi Company as a corporate body against Mr. Godfrey Isaacs and against Mr. Marconi to get any profits on their transaction, because, although it was probably not anticipated that they would avail themselves of it, the shareholders had the right if they chose to take up the new shares. It was right merely in passing to say that it might be that Mr. Chesterton had some point there with regard to the claim of the English Marconi Company, but it had nothing to do with this libel."