A DWINDLING FORTUNE.
A collapse in the value of brewery shares from £12,000 a year to "practically nothing " was reported afc a recent meeting in the London Bankruptcy Court of Mr. Algernon Edward Perkins. When Mr. Perkins came of age in 1890, it was stated, he succeeded, under the will of his grandfather, to a oneseventeenth share in Barclay, Perkins, and Co., the brewers. When the firm was formed into a company in 1906 he received 900 ordinary shares of £100 each, and certain preference shares debentures. Afterwards, tho capital of the company was written- down by the reduction of the £100 shares to £1 shares, with the result that his income, which had amounted to £12,000 a year, dwindled to practically nothing.
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https://paperspast.natlib.govt.nz/newspapers/EP19140627.2.183
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Evening Post, Volume LXXXVII, Issue 151, 27 June 1914, Page 14
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123A DWINDLING FORTUNE. Evening Post, Volume LXXXVII, Issue 151, 27 June 1914, Page 14
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