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FARROW’S BANK

PROBLEMATICAL ' FORTUNE. INSURANCE POLICY TO BE AUCTIONED. Press Association—By Telegraph—Copyright. LONDON, May 1. (Received May 2, at 12.10 a.m.) A strange gamble on tho life of a man who is at present in prison, with a fortune at. stake, will be bold on May 24, when .tho Official Receiver will auction the insurance policies of Thomas Farrow, who -was one of the directors of Farrow's Bank. If Farrow dies within a, year the purchaser will clear £BO,OOO. If be lives for twenty years bo will get. only a. few thousands. Tho annua! premium is £5,000. Farrow is fifty years of age, and is in good health.—Router. [Farrow. Crotch, and Hart, officials of Farrow’s Bank, which suspended payment last year, were charged with conspiracy to defraud. Farrow and Crotch were also charged with publishing false statements of accounts, and Hart with aiding and abetting. Farrow and Ooicli were each sentenced to four years’ imprisonment and Hart to one year,]

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD19220502.2.47

Bibliographic details

Evening Star, Issue 17957, 2 May 1922, Page 4

Word Count
160

FARROW’S BANK Evening Star, Issue 17957, 2 May 1922, Page 4

FARROW’S BANK Evening Star, Issue 17957, 2 May 1922, Page 4