The opinion of the court was delivered by CONFORD, J.A.D.
The defendants Croland and Zalk were convicted of the fraudulent conversion of two sums of money, $7,043.57 and $4,575.88, of the C.J. Simons Corporation, in violation of N.J.S. 2A:102-3. That statute reads as follows:
"Any director, member or officer of any corporation or association who fraudulently takes, misapplies or misuses any money or property of the corporation or association...
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