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GAMBLE ON MAN'S LIFE

AUCTIONING INSURANCE POLICIBIfcyJ ECHO OF FARROW’S BAJCt * 1 I SCANDAL. . J Proas Ajwoeaatiem— By Telegraph—Oopyri*kfc* -J LONDON, May L M A strange gamble on the life of a *1 •who is at present in prison, with a for- -'S. tune at stake, will be held/ on May 29*. when the official receiver will auction the insurance policies of Thomas Farrow, who > 55 was one of the directors of Farrow’s Bknk. If harrow dies within a year the purchaser will clear £BO,OOO. If he lives for 20 years he will get only a few thousands. The. ;| annual premium is £3OOO. ; 4 ' Farrow is 50 years of age, and is la v good health.—Reuter. , ? [Farrow, Crotch, find Hart, officials 'iladh. Farrow’s Bulk, which suspended 'paymenF’-il last year, were charged with conspiMcy -tdc “i defraud. Farrow and Crotch were elsbr J charged with publishing false statements. 7si of accounts, and Hart with aiding and ' abetting. Farrow and Crotch were -each. ; sentenced to four years’ imprisonment snd\ v Hart to one year.] :• '*.s

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT19220503.2.44

Bibliographic details

Otago Daily Times, Issue 18544, 3 May 1922, Page 5

Word Count
173

GAMBLE ON MAN'S LIFE Otago Daily Times, Issue 18544, 3 May 1922, Page 5

GAMBLE ON MAN'S LIFE Otago Daily Times, Issue 18544, 3 May 1922, Page 5