HORSE-OWNER'S BANKRUPTCY.
United Press Association —By Electrict Telegraph—Copyright. Sydney, Feb. 20. Giving evidence in the Bankruptcy Court, Harry Nathan, the wellknown Sydney racehorse owner and sportsman, attributed Ins bankruptcy chiefly to contracts ho made before the war with the German Govrenment to purchase blood stock for stud purposes. Just before the war lie expended between £OOOO and £IO,OOO in this way, but the war prevented delivery. Failing to get the prices he paid, he thought _ to make them pay by racing, but failed to do so.
The purchases included a New Zealand [horse for which he paid £IOOO, and which he had sold to the Gorman Govrcument for £IOOO.
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Bibliographic details
Rangitikei Advocate and Manawatu Argus, Volume XLII, Issue 11469, 22 February 1918, Page 6
Word Count
109HORSE-OWNER'S BANKRUPTCY. Rangitikei Advocate and Manawatu Argus, Volume XLII, Issue 11469, 22 February 1918, Page 6
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