COMMERCIAL FIRMS IN DIFFICULTIES.
Dunedin , , This day. At a meeting of Messrs McLaudrcss, Hepburn and Co.'s creditors the deed of arrangement was unanimously agreed to. The trustees reported a deficiency of .-£030*3, which is attributed to hoary losses in connection with the Kaikorai woollen factory. A meeting of Messrs Thomson, Strang and Co.'s creditors was held this morning. Tho liabilities are £12,101, of which £1001 arc due to Home firms, and tho assets £U,700. The debtors agreed to assign the estate to Mr Young, of Sargoods, and Mr Slatham, of Butterworth Bros.
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https://paperspast.natlib.govt.nz/newspapers/DTN18830525.2.15.10
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Daily Telegraph (Napier), Issue 3700, 25 May 1883, Page 3
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92COMMERCIAL FIRMS IN DIFFICULTIES. Daily Telegraph (Napier), Issue 3700, 25 May 1883, Page 3
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