HOW A FORTUNE VANISHED.
A PENNILESS PEER. LONDON, Feb. 24. (Received Sunday, 5.5. p.m.) The Daily Express understands that the peer, whose life policies were auctioned, is Lord Armstrong - , a great nephew of the founder of Armstrong - - Whitworth's armament firm The present peer resigned from the firm's directorate in 1908, and made a deed of arrangement with his creditors when his secured liabilities totaled £523,000 and unsecured £132,000. Lord Armstrong was later associated with many unsuccessful ventures. At one time he believed Lemoine's alleged diamond-making secret wasgenuine. He also invested in an early wireless syndicate, a drug and drinß cure enterprise and various mining and oil schemes. Last year he closed his family seat in Northurnhjerland and went to live in a collage on the ■■estate, formerly occupied by his agent.
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Shannon News, 26 February 1924, Page 4
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131HOW A FORTUNE VANISHED. Shannon News, 26 February 1924, Page 4
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