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A METEORIC CAREER.

CHARGE AGAINST A. CONTRACTOR. , ' (By. Telegraph.-Prcss Association.) Auckland, March 2!). 'A contractor named Thomas Brownlee, who was recently adjudged bankrupt] was charged at the Police Court to-day with bringing about his bankruptcy i,'v rash anil hazardous speculation. It was stated 'that the accused had had » meteoric and disastrous career as a contractor. In twelve months he had entered into eight contracts, From three of these ho had made n profit of ,£SB, but on the others he had .lost over ,£IOOO. He had started with n capital of «C 25, and his liabilities we're now between .f:1800 and .62000. Ho had paid a dividend of 5w i , 01 ' 5s - M ' ill ,hc £ ' li ffils '»'W'l that there was no criminal intent, but the magistrate said that this did not absolve the. accused from liability. A'sentence of fourteen days' hard labour was imposed.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DOM19110330.2.29

Bibliographic details

Dominion, Volume 4, Issue 1089, 30 March 1911, Page 5

Word Count
145

A METEORIC CAREER. Dominion, Volume 4, Issue 1089, 30 March 1911, Page 5

A METEORIC CAREER. Dominion, Volume 4, Issue 1089, 30 March 1911, Page 5

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