INDIAN SPECIE BANK.
THE SILVER FRAUDS. HUGE CLAIM AGAINST DIRECTORS. (United Press Association—Copyright.) (Received Julv 13, 11.30 p.m.) BOMBAY, July 13. In connection with the silver frauds in 1913, the liquidator of the Indian Specie Bankihas brought a suit against nine directors of the bank claiming £1,110.000, the amount of the hank’s losses in the silver speculation and other impudent transactions, and also £155,000 for dividends and bonuses wrongfully paid out of capital.
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Gisborne Times, Volume XLV, Issue 3981, 14 July 1915, Page 5
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73INDIAN SPECIE BANK. Gisborne Times, Volume XLV, Issue 3981, 14 July 1915, Page 5
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