A HEAVY FAILURE

Ashburton Guardian, Volume VII, Issue 1725, 27 December 1887, Page 3

A HEAVY FAILURE

Wellington, December 26. The following statement has been filed In Ihe estate of A. O. Price, draper, of Wellington :— The umeenred creditors •mount to £6578 12s 2d. »ad the secured creditor, to £3447 14' 3*. '•*» tb « *"lf - snated v*tufl of *he securities £700. The -net Indebtedness Ib, therefore, £9326 6s 53. jig**** are shown to the extent of ,£9BBB 4s 2d, made op as follows : - Stock-in-trade nt shop m Cu^n street, ££953 lOj 2d ; book debts. £674 8< <M, estimated to to prodnce £360 ; and email Sterns. The secured creditors arp — Hsreonrt and Co, Wellington, £3382 14s 3d ; A. A Burnett. Wellington, £65 ; —total, £3447 14s 3d. The seourity, estimated at £700, consists of two pieces of land and buildings.

Tbs enseenred creditors are — ThompaoD, Shannon, and Co., £3434 2» 9d ; O»en •nd Graham, merchants, Auckland, £738 Sb 5d ; J. K. Nathan avd Co., £659 6s lOd; MecVftj, Lopan, *nd Co , merchant*, .Auckland, £ 267 16« 4<? ; Kafapol Woollen GomMny, £391 18s; Wbittero, Vicbolion, •nd Co., £234 14» lid; OJwkßon and Co., Ohrletcbnrcb, £180 9» 2d ; Battemorth B*«., CbrUtchurch, £1?6 8a 1W ; Blng, Bsrrii, »cd Co., Danedin, £103 5s b*d ; Swgood, Son, and Co., £177 7« ; JSdmonsoß, Warm'ngton, and Co., £95 £sßd ; Blnndell Bnw., £50; Dodgibun ««d Co., Dnnedin, £48 11b ; and smaller Item*.