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SALVAGED NOTES IN USE

SEQUEL TO LOSS OF EGYPT IMPORTANT COURT JUDGMENT United Press Association—By Electric Telegraph—Copyright (Received May 10, 7.0 p.m.) GENEVA, May 10. Giving a decision in connection with the notes salvaged from the Egypt, the Court decided that the salvagers were entitled to £I6OO, but must restore the rest of the notes to the State of Hyderabad. Ti It was reported on January 22 that it had been discovered that £500,000 worth of rupee notes were circulating on the Continent. Inquiry showed that these notes had been salvaged from the Egypt. How the notes came to be circulated had not been discovered. The owners of the salvage ship Artigilio lodged a claim in Milan for £500,000 from the underwriters who paid for the gold and silver salvaged, but refused to pay for the rupee notes.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THD19350511.2.98

Bibliographic details

Timaru Herald, Volume CXXXIX, Issue 20105, 11 May 1935, Page 17

Word Count
138

SALVAGED NOTES IN USE Timaru Herald, Volume CXXXIX, Issue 20105, 11 May 1935, Page 17

SALVAGED NOTES IN USE Timaru Herald, Volume CXXXIX, Issue 20105, 11 May 1935, Page 17