JOCKEY'S DEBTS.
DONOOHTJE OWES £4626.
LONDON, September 28. A meeting of the creditors of Steve Donoghue, the famous jockey, revealed debts of £4626, including moneylenders' claims for £1735 and £2536. The remainder included tailor's, saddler's, and hatter's bills. Donoghue attributed his insolvency to guaranteeing advances to others, for which he received little or no consideration. Donoghue was not present, his solicitor explaining that he had two mounts at Leicester, and thought he ought to fulfil his engagements, because he proposed to hand over half his earnings to his creditors. The statement showed that his assets are £500, including two brood mares, valued at £100. Another £10,000 may be added to his liabilities, under a guarantee for a friend. At present he is a free-lance, receiving three guineas for a mount, two more if he wins.
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Auckland Star, Volume LIX, Issue 235, 4 October 1928, Page 7
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135JOCKEY'S DEBTS. Auckland Star, Volume LIX, Issue 235, 4 October 1928, Page 7
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