LIKE SNOW IN OVEN
BORROWED MONEY vanishes. : REMARKABLE BANKRUPTeY.i ' 3 ______ LONDON, With gross liabilities amounting t*-‘ £496,000, and estimated assets of £23,000, including an insect collection yained £15,000, a millionaire’s son, named Jatnsa John Joicey, was publicly in the County Court at Guildford. He attributed his failure to bid*. interest paid to money-lenders and rasa specni v lations with E. T. Hooley. He saidtbaA he had received an allowance of £20,000 c; yearly from his mother since his fathers - death in 1912. He had borrowed fro* ' £150,000 to £200,000 from money-lenders : between 1920 and 1921, and over £300,000 „ from his mother. .. £ The debtor remarked that the money: seemed to have gone like snow in an oven. The case was adjourned.
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Bibliographic details
Otago Daily Times, Issue 18509, 21 March 1922, Page 5
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120LIKE SNOW IN OVEN Otago Daily Times, Issue 18509, 21 March 1922, Page 5
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