THE CURIOSITIES OF LIQUIDATION.
A “first and final" dividend of one penny and nineteen-twentieths of a penny in the pound haa just been declared in the liquidation hy arrangement of the affairs of Edwin Parker, of Sheffield. We happen to know a case in which, the debt being 10s., the trustee liberally gives the benefit of one-twentieth of a penny, and transmits by post a dividend warrant for one penny. And if the fortunate creditor should be unable to make personal application, the dividend will he remitted by post at the cost of yet another penny. To pay this dividend an actual expenditure of double its amount is thus incurred, even if we take no account of stationery, &o. The matter deserves to be chronicled among the curiosities of liquidations. —Sheffield Independent,
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Dunstan Times, Issue 957, 20 August 1880, Page 3
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132THE CURIOSITIES OF LIQUIDATION. Dunstan Times, Issue 957, 20 August 1880, Page 3
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