SENTENCE MODIFIED
HATRY TO BE RELEASED. LONDON, Wednesday. The “Daily Herald” says that Clarence Hatry, who was sentenced to 14 years’ imprisonment in 1930 for financial frauds, will he released soon as the result of Sir Samuel Hoar’s decision to modify long sentences.
(Clarence Charles Hatry, who was horn in 1890, had for some years a successful career as a company promoter, but in 1920 the Commercial Bank of London, which he directed, failed for a large sum. In 1929 he entered into heavy engagements, to meet which he and his associates raised money by pledging with the hanks forged stock certificates. In September of that year the shares of the Austin Friars Trust and other Hatry companies fell heavily. On 19th September he confessed and on the following day the Stock Exchange suspended dealings in certain securities. In January, 1930, Hatry was tried and found guilty, his sentence being penal servitude for 14 years. The total deficiency was stated to be £13,500,000,).
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Wairarapa Daily Times, 9 December 1937, Page 7
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163SENTENCE MODIFIED Wairarapa Daily Times, 9 December 1937, Page 7
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