State Reaps Harvest in Death Duties
Received Wednesday, 7 p.m. LONDON, April 27. Death duties amounting to £3,3l59,(KK . > the largest payment ever known unde. 1 tlie exLtiug law, are due to the E.\ , cluMjuer from the estate of the sevent!. ■ Viscdiint Portman who died last Sep i tember. Another large payment of es . late dutv, £1, 1125,1)0(1, has been madfrom tite estate of Arthur Guinness. Lord Portman, owner of large 1 estatcs in London, Dorset, Lincolnshire, and Seotland, left property in ti). I'niteil Kingdom worth £4.493,305. Mr Arthur Guinness, viee-chairman of Arthur Guinness and Sons, of Dub- , Ku. left £11.182427. Lord Portman \s estate in London covers about 200 acres. The first Lord Portman bought tlie land about 20-) years ago to graze a field of asses to provide milk for an -ailing relative. Mr Guinness made bequests to many of his employees, and left his widow an annuity of £20,000. His l'ather, the first Lord Iveagh, left nearly £13,500,000.
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Bibliographic details
Chronicle (Levin), 28 April 1949, Page 5
Word Count
160State Reaps Harvest in Death Duties Chronicle (Levin), 28 April 1949, Page 5
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