From the Whitstable Times, 1 June, 1901.

SANDWICH PUBLICAN'S AFFAIRS.

Under the failure of Edward Swindford Fry, landlord of "Ye Olde New Inn," Hamet-street and Delf-street, Sandwich, the gross liabilities amount to £671 6s. 8d., of which £401 1s. 2d. is due to unsecured creditors. The assets are valued at £11 5s., but against this there are preferential claims amounting to £23 15s. 6d. The bankrupt commenced business in 1893 as a licensed victualler, taking the "Ancient Druids" public-house, Stembrook, Dover, with a capital of £135 borrowed from his mother, which is; still out standing. The valuation at this house, amounted to £112. For seven years the business was successfully carried on, and during a portion of this time the bankrupt held the catering rights in connection with the Dover athletic grounds. These rights were disposed of in the latter part of 1899 for £260, which was paid by a cheque of Mr. Edward Randell, who has since become a bankrupt in this court. On leaving the "Ancient Druids" on January 1st, 1900, the valuation amounted to £200, and the bankrupt thereupon took "Ye Olde New Inn," Sandwich, the valuation amounting to about £290, £240 of which was provided by the cheque for £260 given by Mr. Randall, as before-mentioned. The balance of the £290 was provided out of the money received by the bankrupt in respect of the valuation of the "Ancient Druids." This left £150 balance in the bankrupt's hands, and he then appears to have owed considerable sums to his creditors at Dover, as in addition to a sum of £168 15s. scheduled as due to his mother, upwards of £55 appears as due to creditors at Dover.