Once Owned Land Worth £10,000,000
(Rec. 11.30 a.m.) LONDON, Feb. 12. The death has occurred of Mr Ernest Terah Hooley, aged 88, a spectacular financier of 40 years ago, who once owned land in England worth £10,000,000. He claimed that he was the first man to think of offering financial inducements to noblemen for the use of their names in company promotion, paying “£lO,OOO for a duke and £5OOO for a couple of ordinary peers.” He was sentenced to three years’ imprisonment in 1922 for fraud.
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Greymouth Evening Star, 13 February 1947, Page 7
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86Once Owned Land Worth £10,000,000 Greymouth Evening Star, 13 February 1947, Page 7
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