POVERTY TO AFFLUENGE.

Timaru Herald, Volume XCVIII, Issue 18084, 9 June 1924, Page 10

POVERTY TO AFFLUENGE.

. AND BACK'AGAIN. . 7> v nviesrapli—Press Association* 7 AUCKLAND, June i. iWXKarles Percy Hansen, a sheep farmer: at a meeting, of'his ecedxtoi** stated that m 1911 he had only ■Ds and a pair of blankets, when the owner signed oyer to him a sheep station of-84 square miles, and tiusted him to"'pay £25,000 for it. On one bier coup within a ;week. he nas ab ie torclear the station and -have m hand ainumber of sheep and well'as £SOOUJu a number of farm transactions later he' lost everythihg. He had,, been ■adjudged 'a bankrupt, in Vellmguon . with- liabilities of £llO and no assets. ;iie still'liad P the pair of blankets bn an island in the. Hauraki ■ Gulf. .y The creditors said they Knew Hansen ’to be an-honourable man. He got into difficulties ten yoars ago. _ IVhen be .-rot money later ho paid all his creditors with interest. The meeting passed a resolution sympathising with the bankrupt,; and requested the Assignee to facilitate, his discharge there being no dissentients. ______