BANKRUPT JOCKEY
HECTOR GRAY’S FAILURE. HEAVY LOSS ON FARMING VENTURES. (Per United Press Association.) New Plymouth, April 6. Reduced from a position of affluence as leading jockey in the Dominion to a state of penury, Hector Gray met his creditors in New Plymouth to-day in bankruptcy. He attributed his failure to a sentence of life disqualification from the pursuit of his profession and his creditors on the whole were sympathetic, instructing the Deputy
Official Assignee to facilitate discharge, pro viding an investigation of the estate proved satisfactory.
The unsecured creditors -totalled £939 and after realisation of assets, bankrupt estimated his deficiency at £324. He disclosed he now had no interest in any racehorses and said he had lost £15,000 on two farming ventures.
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https://paperspast.natlib.govt.nz/newspapers/ST19270407.2.66
Bibliographic details
Southland Times, Issue 20148, 7 April 1927, Page 7
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123BANKRUPT JOCKEY Southland Times, Issue 20148, 7 April 1927, Page 7
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