MR. S. HAGUE SMITH.
On Friday, in a small paragraph, we staled thatone of our principal merchants in Queen-street had suspended payments ; and it is with much gratification that we have learned that, at a meeting of creditors this morning, the gentleman referred to (Mr. S. Hague Smith) made certain proposals, which have been accepted almost unanimously, and that matters have been satisfactorily arranged. From the statement of accounts submitted, it appears that in January, 1867. Mr. Smith had a balance in his favor of £22,838, and that, his loses wince have amounted to £33,106, his loses since i hri-tmas alone having amounted to £11 244. It appears that the total amount of liabilities is £29,000, and .that- after paying off mortgages the assets are valued at £21,000. There was a very full attendance of creditors, and warm sympathy was generally expressed Tor Mr. smith. .
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AS18700704.2.13
Bibliographic details
Auckland Star, Volume I, Issue 151, 4 July 1870, Page 2
Word Count
145MR. S. HAGUE SMITH. Auckland Star, Volume I, Issue 151, 4 July 1870, Page 2
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries.
Log in