HOOLEY THE PLUNGER.
LONDON, January 23. The Official Receiver has informed Ernest Terah Ilooley’s creditors that his liabilities amount to £686,660, and tba assets to £25,000. Ihe trustee under Hooley’s second bankruptcy has put in a claim to the assets. January 26. Ernest Terah Hooley. Thomas Fletcher (an ex-Mayor of Derby), John Angus MacDonald (an ex-Mayor of Ilkstone)j Thomas Llewellyn Demery (Hooley’s secretary), William Alfred Wallis (a solicitor), and Bertrand Breakspear (Hooley’a clerk), are being prosecuted at Bow street on charges of conspiring to defraud irj connection with the flotation of the Jubi« lee Cotton Mills, Ltd., at Oldham, The prosecution alleged that Demery induced Lewis, a wealthy young Cardin shipowner, to invest £60,000 by falsa statements. Lewis did not know ol Hooley’s connection with the Hooley studiously keeping in the back* ground.
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https://paperspast.natlib.govt.nz/newspapers/OW19220131.2.37
Bibliographic details
Otago Witness, Issue 3542, 31 January 1922, Page 15
Word Count
133HOOLEY THE PLUNGER. Otago Witness, Issue 3542, 31 January 1922, Page 15
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