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INHERITED £85.000.

MR, L. W. W. BROWN, OF

HAMILTON

■ $" FROM TWO UNCLES' ESTATES

(By Telegrapn. —Press Association.) AUCKLAND, June 22.

A fortune of £85;000 lias been inherited by Leonard Wilfred Williams Brown, of Hamilton, as the sequel to tlie death of two uncles ni Jimgianu. Cabled advice was received by brown vesterdav that the Probate Court case concerning the disposition of the estate of his uncle Charles Joseph Brown, of Newport, a banker, referred to in that morning's cables, had been settled. Charles Brown died last May, aged 80, and his estate was valued at £o(J.000. The case has been settled as the result of an agreement to divide the estate equally between Miss Aiise.ll, the late Mr. Brown's housekeeper, and the four children of Brown's brother, each of whom will receive £IO,OOO. The fortunes of the Brown family were founded by aSmuel James Brown, grandfather of Leonard Brown, of Hamilton. The former owned two private banks .known as William, Williams, Brown and Company, Leeds, and Brown, Jensen and Company, London. The businesses were carried on by Charles Joseph Brown and his brother the late William James Brown. The latter died last August, leaving a net personalty of £300,000, threetwelfths of which Brown inherits in additionUo the amount left by his uncle diaries. This brings Brown's fortune up to £85,000. • Legal correspondence that has passed between the executors of the. will and Brown attest to the accuracy of the position in which Brown finds himself.

Other beneficiaries in the fortune left by Charles Brown are two brothers and a sister of Leonard Brown, who live in Christchurch. Leonard Brown was born in Christchurch 56 years ago, and for the past 14 years he has been a resident of Hamilton, and for four years has conducted a Labour Registry Office. His father is living in retirement in Auckland. Mr Brown is married and has six children. While in Hamilton Mr Brown has taken a keen interest in athletics. He is president of the Hamilton Amateur Athletic Association.and chairman of the Hamilton Rugby Union Advisory Board. He is also handicapper for various Waikato sports fixtures and swimming ef exits. •:, * ,

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THS19280623.2.34

Bibliographic details

Thames Star, Volume LXII, Issue 17397, 23 June 1928, Page 5

Word Count
357

INHERITED £85.000. Thames Star, Volume LXII, Issue 17397, 23 June 1928, Page 5

INHERITED £85.000. Thames Star, Volume LXII, Issue 17397, 23 June 1928, Page 5