A BANKRUPT DUKE.

Waimate Daily Advertiser, Volume XXIII, 23 November 1923, Page 5

A BANKRUPT DUKE.

IN THE HANDS OF MONEYLENDERS.

PER PRESS ASSOCIATION—COPYRIGHT LONDON, Nov. 22. During the examination in bankruptcy of the Duke of Zeinster he admitted that it was his fourth bankruptcy. He had been living on borrowed money since he succeeded to the title, pending the disposal of his interests in the family estates. He paid £3OO commission for an introduction to the moneylender, who lent him £1760 in exchange for prom -1 issory notes totalling £lO,OOO. He had paid £2395 commission in three years for introductions to moneylenders. His personal expenses during the past three years were £20,680, plus £6315 interest on loans.