“TIPSTER” BANKRUPT
FAILED THROUGH LACK OF CAPITAL Press Association. WELLINGTON. To-day. A meeting of creditors was held today of James Morton McGill, described as a sporting writer, and publisher of the “New Zealand Yellow tfard.” By selecting two likely horses In each race from the acceptances, and publishing the names on the card, which he sold for 2s 6d, McGill expected to make money, but his business failed through lack of capital. His total debts were £BB 7s, and his assets were nil. Bankrupt said he had not drawn any salary, but did not think he got more than £ 5 a week out of the business. It was agreed that bankrupt should pay 20s in the £. at the rate of £3 a month. He was at present getting £4 weekly, plus commission on certain sales.
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https://paperspast.natlib.govt.nz/newspapers/SUNAK19280511.2.172
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Sun (Auckland), Volume II, Issue 351, 11 May 1928, Page 13
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135“TIPSTER” BANKRUPT Sun (Auckland), Volume II, Issue 351, 11 May 1928, Page 13
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