Bankruptcy Business.

Feilding Star, Volume XV, Issue 213, 13 January 1894, Page 2

Bankruptcy Business.

The following bankruptcy statistics have been compiled by Mr G. J. Scott, [ D.O.A , for Palmerston North:—Dur- , ing the 12 months which expired on i the Bht December last 34 estates have : been administered on debtors' own > petitions and one on creditors' peti- > tioo. The total liabilities as filed by the debtors, excluding amounts se 1 cured to creditors, amount to £10,599 1 6s sd. The assets as per same state- • merits, excluding amounts secured to j creditors, are £6651 17s 7d. The debts proved come to £8314 13s Id. . Amount of assets realised by Assignee, ■ £2128 19s Id. Amount paid in dividends, £1983 5s Id. Preferential , claims for wages, rent and rates paid, i £232 0s 4d. Paid to redeem aecuri--3 ties, £35. Amounts paid for costs of i actions and solicitors' fees, £631 2s Gd ; 1 this includes the costs of litigation in ». Tapper and Hudson's estates. Expenses incurred in carrying on estates • for the benefit of creditors, £216 7s. ' Other charges, £197 19s lOd. Paid i for Government commission, £H2 6s 6d. Cash in hand on Ist January, i £1614 12s 9d, on December 31, £415 t 108 7d. There were A estates the lit abilities in which amounted to from • £50 to £100; 15 between £100 and r £250 ; 8 from £250 to £500 ; 6 from \ £500 to £1000 ; and 1 of £1500. t The designations of the bankrupts are ; as follows :— 3 settlers, 3 laborers, 1 t bricklayer, I horse-breaker, 1 sawf mill hand, 3 bakers, 5 storekeepers, I 1 boardinghouse keeper, 2 sawmillers, 7 2 bootmakers, 2 contractors, 1 jewel- ' ler, 1 clerk, 1 accountant, 1 road over- ' seer, 1 herbalist, 1 saddler, 1 brewer, 1 coach driver, 1 hotelkeeper, 1 flaxmiller, and 1 aboriginal native.