OCR Text |
Show 8AMB OLD STORY. ' A receiving order In bankruptcy hat been tttued agalnit Krnctt Terah 1 loo-ley, loo-ley, for yeara prominent aa the blggtil company promoter In London, prominently promi-nently Interested In bicycle, land and other concern, and auppotcd to be mulll-mllllonalre Mr llooley reach cd the pinnacle ot prominence In 1S94 when he promoted tho Dunlop Tlrt company nnd waa auppoted to have cleared 112.100.000 by that deal alone He hat tlnce been Identified with the promotion of the Hovrll company on.l with many bicycle companies. It It understood that none ot the latter wai profitable tu tho atockholders. Mr llooley lived n tort ot Monte Crlito rxlattnce, buying yachts nnd raco hors e and numerous historic country scale. In January of the present year Mr llooley purchased tho racing cutlet Ilrltannla, formerly tho property ot the Prince ot Walea, from John Ijtwton Johnttone. In 1830 lio purchased tbl schooner Verrnn from the Karl ol Lomdate. Ha Is a member of a number num-ber of yacht clubs, Kor month financier have believed that Mr. llooley was In deep water, and the market wero not affected by tht downfall of Mr. llooley. Sicond and third data Institutions only will turret KltNKST T HOOLEY. by hit failure. It has been well known that Mr. llooley bad been unable to find money for the ble C'hlnet loan which be proposed to float tome time ago, |