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HOW MONEY GROWS

A fortune of £2OOO left three hundred years ago, and which, with compound interest, has now grown to £36,000,000, will shortly occupy the attention of the Dutch courts. When General Wirtz died at Amsterdam he left half of his fortune of £4OOO to the city and half to his natural heirs. The latter portion was never claimed, and in due course the Government took possession of it. The first hint of any claimant came ten years ago. The list has grown since, until now there are ninety-three people contending for shares in the modest £•2000, which is said now to amount to the enormous sum of £36,000,000. The claimants have instructed two French barristers. The law has already been set in motion; the civil tribunal of Amsterdam has declared its incompetency. The Dutch Government oppose* the. suit on the ground that their rights lapsed many years ago, and that, moreover, there was no such thing as legal interest at the time of the general's death. The French counsel declare their ability to refute these two arguments.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/TDN19110211.2.90

Bibliographic details
Ngā taipitopito pukapuka

Taranaki Daily News, Volume LIII, Issue 234, 11 February 1911, Page 9

Word count
Tapeke kupu
179

HOW MONEY GROWS Taranaki Daily News, Volume LIII, Issue 234, 11 February 1911, Page 9

HOW MONEY GROWS Taranaki Daily News, Volume LIII, Issue 234, 11 February 1911, Page 9

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