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FOUR TIMES BANKRUPT

SPENDTHRIFT DUKE’S STORY. LIVING ON LOANS. (Sydney “Sun” Cable.) LONDON, November 22. During his examination in the Bankruptcy Oourt-, the Duke of Leinster admitted that this was his fourth bankruptcy-. He had been living on borrowed money since he succeeded to the title. Pending the disposal of his interests in tho family estates, he had paid £3OO commission for introduction to a money-lender, who lent him £1760 for an exchange of promissory notes totalling £IO,OOO. He had paid £2395 commission for three years for introductions to money-lenders. His personal expenses for the past three years were £20,080, plus £6351 interest on loans.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZTIM19231124.2.58

Bibliographic details

New Zealand Times, Volume L, Issue 11685, 24 November 1923, Page 5

Word Count
105

FOUR TIMES BANKRUPT New Zealand Times, Volume L, Issue 11685, 24 November 1923, Page 5

FOUR TIMES BANKRUPT New Zealand Times, Volume L, Issue 11685, 24 November 1923, Page 5