Widow’s Last Gamble

Greymouth Evening Star, 14 January 1928, Page 9

Widow’s Last Gamble

JEWELS AND FURS WORTH £37,000 CASINO~LOSSES Gambling losses amounting to £5,000 were one of the causes given for her appearance in the London Amalia Craven, a widow, of St. Bankruptcy Court recently by Mrs. George’s Square, Belgravia, S.W. Mrs. Craven informed the official receiver that since 1922 she had been in the habit of visiting the casinos of Monte Carlo, Ostend and other Continental resorts. She lost heavily but continued gambling in the hope of recouping her losses, and at the last made a desperate plunge, but with disastrous results. Her husband died in 1909 and she had lived since on the proceeds of the sale of Valuable jewellery and furs which at one time were insured for £37,000. She estimated her household and personal expenses at £11,120 since July, 1922. Other causes of her failure were interest, charges and loss on the realisation of her furs and jewellery. At the date of her failure the whole of her property had been disposed of except some land in Nairobi, which had since been realised by her trustee. The examination was closed, the liabilities being £3,106 and the assets .£ 585, .... -