TRUE PATRIOTISM
BANKRUPT'S SACRIFICES
TO HELP IN RECONSTRUCTION.
(UN'TED PRESS ASSOCIATION.—COPYRIGHT.)
(AU3TRALIAN-.NEW ZEALAND CABLE ASSOCIATION.)
(Received 26th January, 10 a.m.)
LONDON, 25th January. At a meeting of creditors of Howard Houlder a statement of affairs showed that Houlder in 1920 was worth £4U0,0U0. He responded to the call for help to forward the patriotic work of reconstruction necessitated by the war. The result was that he now owed about £105,800 unsecured. !'„ was estimated that the assets would about equal that amount. A trustee was appointed.
Howard Houlder, aged 65, chairman of Howard Houlder and Partners, Ltd., -entered his father's office of Houlder Bros, and Co. in 1876, and opened an office in Glasgow in ISBI, starting business on his own account four years later. He built up. a tremendous shipbroking and shipowners' business. His unexpected failure caused a sensation m the city. The failure does not in any way affect Howard Houlder and his partners or the Houlder Bros. Company
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Bibliographic details
Evening Post, Volume CVII, Issue 22, 26 January 1924, Page 7
Word Count
160TRUE PATRIOTISM Evening Post, Volume CVII, Issue 22, 26 January 1924, Page 7
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