DUCAL BANKRUPT
LIVES ON BORROWED MONEY.
(UNITED PRESS ASSOCIATION.—COPYRIGHT.)
(SYDNEY SUN CABLE.)
(Received 23rd November, 10 a.m.)
LONDON, 22nd November. During his examination in the Bankruptcy Court, the Duke of Leinster admitted that this was his fourth bankruptcy. He had been living on borrowed money since he succeeded to the title.
Pending the disposal of his interests in the family estates, he had paid £300 commission for introduction to a moneylender, who lent him £1760 for an exchange of promissory notes totalling £10,000. He had paid £2395 commission for three years for introductions to money-lenders. His personal expenses for the past three years were £20,680, plus £6351 interest on loans.
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https://paperspast.natlib.govt.nz/newspapers/EP19231123.2.90
Bibliographic details
Evening Post, Volume CVI, Issue 125, 23 November 1923, Page 7
Word Count
110DUCAL BANKRUPT Evening Post, Volume CVI, Issue 125, 23 November 1923, Page 7
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