RECEIVING ORDER
SIR THOMAS BEECHAM’S ESTATE UNSUCCESSFUL APPEAL (United Press Association—By Electric Telegraph—Copyright) LONDON, 6th January. Sir Thomas Beecliam unsuccessfully appealed concerning a receiving order of £2063 for goods supplied Lady Beecliam. Counsel said that Sir Thomas’s debts and contingent liabilities amounted to £140,000. There bad been a hundred and seventy petitions against him during a period of years, of which about ten were outstanding. The largest creditor was the Inland Revenue Department, which was claiming £60,000 in super-tax. The authorities agreed to take 10s in the £ if the other creditors would accept. Sir Thomas had an interest to the extent of half a million in funds under his father’s will. He asked that the receiving order he stayed to enable Sir Thomas to put up another scheme.
The Master of the Rolls, in judgment.. stated his opinion that Beecliam had failed to keep within the annual sum to which he was entitled under the scheme adopted in 1919. In the public interest the application ought not to be granted.
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https://paperspast.natlib.govt.nz/newspapers/NEM19310119.2.56
Bibliographic details
Nelson Evening Mail, Volume LXIV, 19 January 1931, Page 5
Word Count
170RECEIVING ORDER Nelson Evening Mail, Volume LXIV, 19 January 1931, Page 5
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