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PAGE MILLIONS.

THE SYDNEY CLAIMANT. ANOTHER BUBBLE BURST. By Telegraph—Press A**wi%tion--^OspTtilod' (Keeetre«t June 5?. !i»5 p.rs.> '•*; Stft.vET, June 19. , : • ; ... A mkktivo of the shareholders of the Page* Morris Company, formed for the purpose ot <■ pushing the Australian claimant's Interests in the Page millions. was held today. i Mr. Alexander Jobson. who has been 4' sent to England to mala? inquires, Vl**t*tle<l the fruits of his mission. He found that ■•.-.; Page did not , die intestate, but kit, the . estate to his lawyer. Even if ho had died intestate, the Statute of Limitations would have birred the- company';* chum*Counsel had advised Mr. Jobson that farthe prosecution of the claim would be » ' useless and unprofitable waste of the com- -;■-, pany's "assets. ' i The meeting divided to ask the shareholders'to consent to the voluntary wind- ] ing up of the .company. The message which 'summoned Cincinuatuii from the plough to command the Roman legions whs no less senMtiotial an event than the .Midden arrival .-it a boardiadhmise in the Blue Mountains, New South Wales, ii few months ago, of a number of Sydney gentlemen, who broke the newt : to the proprietor, Mr. W. H. Morris, that i he was the lawful owner of many millions.. Mr. Morris was quite willing to believe their statement, of which he. had some ink- ':.'■.) ling many years ago. Jit; had on one occasion been so impressed with the belief that there, was a fortune in England awaitiug him that he worked his way to , the Old Country as a steward. But the story of Tantalus was repeated in his ease, '„ ,1 lor no sooner had the vessel. an ocean tramp, arrived than she was ordered to si • / distant port. The. millions faded Cut of the horizon, and Mr. Morris returned to New South Wales and occupied himself with ; the more tangible task of bringing up » family. Now, at the age of 70. hi* hop** were for a time again revived, but not for v very lime. A syndicate was formed in October last for the purpose of acquiring :<-" the Pago estates. It was resolved to issue 10.000 shares at £1 each, half of which were to In- subscribed, and the other half handed over to Mr. Morris. Accompanied by his wife and out; (laughter, ami by Mr. ■ 'fj Jobson, a public accountant and Actuary, the claimant sailed for England. As grand- • son of Mr, Page, Mr. Morris: was thought ' to have it "good lighting chance." He if* //i eeived £15 i- week for six month*' from the ;, .syndicate, so that he can at least claim to have had a good run for the money.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19080620.2.55

Bibliographic details

New Zealand Herald, Volume XLV, Issue 13781, 20 June 1908, Page 5

Word Count
435

PAGE MILLIONS. New Zealand Herald, Volume XLV, Issue 13781, 20 June 1908, Page 5

PAGE MILLIONS. New Zealand Herald, Volume XLV, Issue 13781, 20 June 1908, Page 5