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In Bankruptcy.

(Palmerston Standard.) The following are tk« bankruptcy returns for tbe quarter ending December 81st :— No. of bankruptcies unclosed at end of preceding quarter, 82 ; No. of bankruptcies closed daring tbe quarter, 21; fresh bankruptcies daring tbe quarter, 4 ; total bankruptcies now in band, 15 ; total assets realised, £276 8s 2d ; amount paid in dividends, including preferential claims, £82 7s 8d ; coat of administration, £17 Is lid; amount paid to solicitors on various accounts, £bS 10s 2d ; allowance to bankrupt, £20 ; wages, £9 14s 6d ; on band. £154 4s Id. Tbe following is tbe return of bank" ruptcy business for the year ending December 81st, 1897: — Petitions by debtors, 14 ; adjudication on creditor's petition, 1 ; immediate discharges granted, 4 ; cases in which discbarges sus pended by tbe Court, 15; liabilities as per statements Sled, £4646 19s 3d; amounts secured to creditors, £2260 7s lid ; assets as per statemen's filed, £2463 5s 8d ; amount of debt j proved, £5768 0s 8d ; balance in bank on January Ist, 1897, £340 18s 9d; amount of assets realised by Assignee, £10*35 19s 3d ; amounts paid in dividends, £425 2h 3d; preferential claims, £172 5s lid; amouat paid for secured claims, £50; amount paid for Government commission, £62 9s 4d ; legal costs, actions fees, etc., L 243 3s Id ; expenses incurred in carrying on estates, £145 3s 2d ; cash in band, L 145 4s 1 ; total, L 1406 13s. During the year petitions in bankruptcy were filed by three hptelkeepers, 1 painter, 1 wheelwright, \ cabinetmaker, 2 laborers, 2 contractors, 1 fellmonger, 1 bootmaker, 1 commission agent, 1 chemist, 1 flaxmiller. Ono bankruptcy was under LSO, 3 from LSO to 100, 6 from LIOO to L 250 ,1 from L 250 to LSOO, 4 from LSOO to LIOOO.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/FS18980105.2.24

Bibliographic details

Feilding Star, Volume XIX, Issue 160, 5 January 1898, Page 2

Word Count
293

In Bankruptcy. Feilding Star, Volume XIX, Issue 160, 5 January 1898, Page 2

In Bankruptcy. Feilding Star, Volume XIX, Issue 160, 5 January 1898, Page 2

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