KING JOHN'S TREASURE
SEABCH THAT FAILED LONDON", Fell. ."). A statement concerning the compulsory liquidation of Fen Research Limited, incorporated in December, 1032, to recover King John's treasure, believed to have been caught by the li,| o and lost in the Wash in I2K>, was issue! by the Official Receiver yesterday. Liabilities amounting ,to ;E2;",7-18, were disclosed, and assets £lSs:'», absorbed by preferential and debenture claims. The official receiver mentions that among the tirst director* were the Kon. Gnspurd Ponsonby, now Lord Svsouby, and Lord Arthur Francis Henry 'Hill, who both resigned in October, 1033, after some dissension regarding the conducl of the scheme. The company 's failure, ii is stated, was apparently due to inability lo achieve its object. Part or' the debenture would be satisfied in Full, and there was likely to be a small dividend for unsecured creditors,
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Bibliographic details
Poverty Bay Herald, Volume LXIII, Issue 18975, 27 March 1936, Page 3
Word Count
140KING JOHN'S TREASURE Poverty Bay Herald, Volume LXIII, Issue 18975, 27 March 1936, Page 3
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