Mr. Armstrong. Yes.

Mr. Hubert. Tell us what you know about him?

Mr. Armstrong. I know that he is a very nice gentleman, a good businessman and didn’t want to be bothered with the Carousel.

Mr. Hubert. Did he have any interest in the Carousel?

Mr. Armstrong. No; none whatsoever.

Mr. Hubert. How do you know?

Mr. Armstrong. Financial interest?

Mr. Hubert. Yes; financial interest.

Mr. Armstrong. Yes, sir, I’m pretty sure he had financial interest, but I don’t know how much it was.

Mr. Hubert. When you said a minute ago he had no interest, you meant interest in running it?