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.
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Bibliographic details
Dominion, Volume 4, Issue 1089, 30 March 1911, Page 5
Word Count
145A METEORIC CAREER. Dominion, Volume 4, Issue 1089, 30 March 1911, Page 5
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