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DEATH OF AN IRISH MILLIONAIRE."

The “ Cork Herald, ” pays that up to the present no; willjOf Mr-.Franpis Wiser/ the distiller, who recently died in Cork, ba9; ibeen found, and ' that in such ian event his huge personal property will devolve in equal shares, one to Mr FraiSdtS 1 ' Wise* LhWe, of ‘ ’ Killshane/ ; County l 'Tipperary, and the other to’the Gubbinafamily,* as;"the^'issue jof ■ his deceased sisters, Mrs' Lowe and Mrs Gubbifls.- ■Of ’ course * there is - a tendency in the generality of instances to exaggerate the amount of the assets of a person like Mr Wise; but from what we can learn—and we believe 1 with fair accuracy—the capital will come up to £3,000,000 sterling. He is said to have an investment l of £BOO,OOO in the Government Funds, end a sum to his credit in the-bank of £IO,OOO. The interest', of his English funded property would be £24,000. a year, then his income from land .aarLsecurities in land so far back as 1870 was estimated at ,r£3o/000 a; year.’ -.Hie bolding of American securities/ into which be benight in depressed times; were; at leaet ; £200,000. Mr Wise iived 1 in an inexpensive and unostentatious manner, and while he was most generous during; his lifetime to his relatives and friends,and? also .gave freely often • and mphiScently to purposes connected with religion-i,and charity, the 'accumulation. of’ - hit.-.savings * inust have been enormous, and it would, therefore be no wbtoder that the state of his affairs will prove-that he wus the wealthiest man in Ireland-,' and equalled only in this respect by oply a fcw in England and Scotland,

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/SCANT18820308.2.25

Bibliographic details
Ngā taipitopito pukapuka

South Canterbury Times, Issue 2794, 8 March 1882, Page 3

Word count
Tapeke kupu
264

DEATH OF AN IRISH MILLIONAIRE." South Canterbury Times, Issue 2794, 8 March 1882, Page 3

DEATH OF AN IRISH MILLIONAIRE." South Canterbury Times, Issue 2794, 8 March 1882, Page 3

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