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BOTTOMLEY FINANCE

SIMPLE ACCOUNTANCY METHOD. LONDON, April 8. How Horatio Bottomley, M.P., kept his Victory Bond Club accounts was shown ’at Bow Street Police Court. An accountant gave evidence that there was nothing to show what became of the bonds. There was no register of the certificates issued. The bank passbook showed that large cheques were drawn, payable to “cash,” “exchange,” “sundries,” etc. No information was available, the accountant added, as to the purpose for which the money was drawn. There was nothing to indicate why Bottomley had pledged £IOO,OOO worth of bonds, or -what became of the cash that was realised from their sale. A few simple books would have sufficed. Bottomley’s cross-examination of the witness was with a view to showing that books were needless, or that it would have been impracticable to keep them 6w ing to the vast amount of labour involved.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT19220422.2.68

Bibliographic details

Otago Daily Times, Issue 18536, 22 April 1922, Page 10

Word Count
146

BOTTOMLEY FINANCE Otago Daily Times, Issue 18536, 22 April 1922, Page 10

BOTTOMLEY FINANCE Otago Daily Times, Issue 18536, 22 April 1922, Page 10