OUT OF GAOL
HATRY RELEASED CENTRAL ACTOR IN NOTORIOUS FRAUD. NOW LIVING IN MAYFAIR WITH HIS WIFE. By Telegraph—Press Association—Copyright. (Received This Day, 10.5 a.m.) LONDON. January 31. Clarence Charles Hatry has been released and is living in Mayfair with his wife.
Clarence Charles Hatry, who was born in 1890, for some years had a successful career as a financier and company promoter in London, but in 1920 the Commercial Bank of London, which he directed, failed for a large sum. In 1929 he entered into heavy engagements, to meet which he and his associates raised money by pledging with the banks forged stock certificates. In .September, 1929, the shares of the Austin Friars Trust and other Hatry companies fell heavily. Hatry confessed and the London Stock Exchange suspended dealing in the securities concerned. In January, 1930, Hatry was tried and found guilty, his sentence being penal servitude' for 14 years. The total deficiency was stated to be £13,500,000.
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Wairarapa Times-Age, 1 February 1939, Page 5
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159OUT OF GAOL Wairarapa Times-Age, 1 February 1939, Page 5
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