FAILURE OF BANK.
PRINCIPALS ARRESTED. ATTEMPT TO REGAIN PROPERTY Press Assn.—By Tel.-—Copyright. Havana, May 17. Following the failure for ten million dollars recently of the CubanGerman banking house of Upmann, 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 the bankrupts’ books showing that more than one million dollars had been spent in Washington in an attempt to regain properties of Upmann’s in America which had been taken over by the United States alien property custodian.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WDA19220518.2.27
Bibliographic details
Waimate Daily Advertiser, Volume XXIII, 18 May 1922, Page 5
Word Count
99FAILURE OF BANK. Waimate Daily Advertiser, Volume XXIII, 18 May 1922, Page 5
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