£4,000,000 LINEN DEAL.
SHARE OP PROFITS CLAIMED. London, March 25. Mr. Leonard Martin, who came Into prominence last year through his purchase of £4,000,000 worth of surplus linen which the British Government had acquired for war purposes, has been sued by Walter Sheepy for a third of the profits on the transaction. Mr. Sheepy, who claimed that he had introduced tho deal to Mr. Martin, was awarded £4OOO.
Mr. Martin announced his intention of appealing.
[Mr Leonard Martin bought 40,000,000 yards of surplus linen from the British Government in June last for £4,000,000. He claimed to have "jumped" the position, paying 2s a yard, while tho Belfast manufacturers were waiting for a sacrifice bargain. He expected to make £350,000 on the deal]
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Taranaki Daily News, 10 April 1920, Page 3
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122£4,000,000 LINEN DEAL. Taranaki Daily News, 10 April 1920, Page 3
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