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HOW TO DISSIPATE MONEY.

The London Court of Bankruptcy on Thursday, February 10, suspended the discharge of G. IT. Freeman for 'two years and a-hnlf.

This spendthrift, described as of Belfast Chambers, Beak-street, Ixmdon W.. becams entitled to £240,000 on attaining his majority In 180 S. He owned, among other losses, to £.10,000 in owning racehorses, £22.700 by betting, £32,500 ou the Stock Exchange, and £.~.000 in theatrical veuturos. JUs household and personal expenditure amounted to between £9500 and £10.000 a year.

His Honor overruled a charge of misconduct which had been made by the Official Receiver, and, having regard to the amount of capital at the bankrupt's disposal, said that he could not uphold the charge of unjustifiable extravagance iv living. He had, however, contributed to his baalfcrtiptcy by- rash aud hazardous speculation.

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HOW TO DISSIPATE MONEY. Auckland Star, Volume XL, Issue 85, 10 April 1909

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