FARMERS’ FAILURE
BY Telegraph.—Press association Clirietchurch, May 17.
Too dear land, losses on sheep, bad health, bad seasons, and heavy expenses were tlm reasons for failure given by Arthur Thomas Shields, formerlj- a farmer. of Hawarden, when lie met his creditors to-day.
Tlie Official -Assignee said that (he bankrupt had lost £4OOO of his own and £4001) owing to creditors, and there were no assets. There was no clear statement as to wliere the money had gone, but one could imagine a great deal—buying of land and stock at high prices, and selling them at low prices. 3he meeting was adjourned.
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Bibliographic details
Dominion, Volume 21, Issue 194, 18 May 1928, Page 6
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101FARMERS’ FAILURE Dominion, Volume 21, Issue 194, 18 May 1928, Page 6
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