FINANCIER’S SUICIDE
ESTATE INSOLVENT BEECHAM TRUST CASE Gy Cattle.—Press Association.—Copyright Recti. 9.5 a.m. LONDON. Wed The Probate Court refused the widow of James White, the financier who committed suicide, letters of administration. The estate, according: to the affidavit, totalled in value £75,000. .The amount of the debts is uncertain. but it is believed that the estate is insolvent. The Chancery Court has granted a compulsory winding-up order of the Beecham Trust, on the application of the Westminster Bank. The trust v.-as due to complete a contract for the purchase of buildings at the Wembley Exhibition rite for £300,000. Owing to the suicide of the financier. Mr. James White, no one was really in control of the trust, i which owed the bank over £450,000.
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https://paperspast.natlib.govt.nz/newspapers/SUNAK19270714.2.30
Bibliographic details
Sun (Auckland), Volume 1, Issue 96, 14 July 1927, Page 1
Word Count
124FINANCIER’S SUICIDE Sun (Auckland), Volume 1, Issue 96, 14 July 1927, Page 1
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