CUBAN BANK FAILURE
ARREST OF GERMAN PRINCIPALS. (By Telegraph—Press Assn.—Copyright.) (Australian and N.Z. Cable Association.) HAVANA, May 17. Following the failure for ten million dollars recently of the Cuban-German banking house of Upmann and Company, the brothers Upmann have been arrested by the secret police following an investigation by the Banking Commission on which the United States was represented. The bank examiners discovered an item in bankrupts’ books showing that more than a million dollars had been spent in Washington in an attempt to regain the properties of Upmann in America taken over by the United States alien property custodian.
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https://paperspast.natlib.govt.nz/newspapers/ST19220519.2.43
Bibliographic details
Southland Times, Issue 19519, 19 May 1922, Page 6
Word Count
100CUBAN BANK FAILURE Southland Times, Issue 19519, 19 May 1922, Page 6
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