BANKRUPTCY.
MESSK3 .MOIUUSOK BUGS.
Thk following are the liabilities in the j estateof Messrs Morrison Bros., of Gisborne : Liabilities, unsecured creditor# : Adair Bros., £3 6s ; McKee, 10#; J. 1 1 ■ Redstone. £3 10s fid : Hill and Plumer (Auckland). r!4 2# 7d ; N.Z. i’aull Co. (Thames). £3 2s Od : Ahltield lira#. (Dun- | odin), £2l) 17s ; L. D. Nathan and Co. j (Auckland', £2l is Od : S. d. Dost and j Co. (Auckland). £53 Os Sd : \. Clark and j Son (Auckland), £34 2s 7d ; Gilmonr, I Ward, and Go. (Auckland), £*2o lls ; i Kemnthorne. .Grosser, and Lo. (Alien- j land)'. I*o 1-1? ; A. 11. Morris (Auck- I land). £:; Is Sd : E. Martin (Welling- | ton). £l3 -Is 3d : K. Dorter and Co. j (Auckland), £36 Is od : Stewart and j Co. (Wellington). JCUSs* 7s lid; Gmpriile junt Dod (Wellington), £Sd Os 7d : 11. ,1. Bushnelt. £1 lbs : Common. Shelton and Co.. IT Os 2d : E. J. Cltrisp. (is : tias. Co., Is 3d : Gisborne Timks. £lO 10s : A. K. Muir, £2 l-l# Id ; W. A. O'Meara, £3 ,3s 3.i ; I'. ,1. Oatridge. £23 Is id ; Danger and Go., Ss lid: C. Rosie and Co., tt 11? 1 ;>d ; ,1. Town ley. £3 3# lid : Williaius j and Kettle. £2 3s : Harbor Board. £1 3s : E. B. Dennis (Auckland). £lO : United Insurance Co.. Ids 0.1: Allan and Jones. £3 0s od : Bank of Australasia. £dod ds Id : O. B. llubble. £2 os : total unsecured creditors, £o2o 2s od. ASSETS. Stock-in-trade. £320 ISs 3d ; book debts (including £3OO from W. O. Sheet's estate held by .Bank of Australasia) £6lO. estimated to produce £l4O : total assets. £460 I># 3d. Deririmry. £461 is 3-d. Es-.ute es Thomas Morrison : l .übiii'.ies. unsecured creditor# : E. D. S;.£’,) 3?, O. Veale lis Id. 11. Amur £6 2# 7d. K. llobertsou £2 Ss 3d. ,1. e'r.iis £•"’. A. llobertsou £1 4s -Id, Kennedy and Evans £T : total £>l 14? 3d. Assets nil. Deficiency. £3l 14s 3d. Estate of .lames Morrison :—Liabilities, unsecured creditors: John l,os:e 13s dd. E. Goldsmith £> 6s l Jd. E. D. Smith £2 13# 0 i, Adair Bros. £4 Ids Id. J. Townlcy £3 Is lOd. A. 11. Muir £2 2s, Johnston and Sweet £3 10s : total £24 Ss Sd. Assets nil. Deficiency. £24 Ss Sd.
The xirst meeting of creditors will be hold on Wednesday next as the office of the Assignee at 2.30 pun.
In the-ii statement Messrs Morrison Bros, attribute the direct cause of their tiling to pressure by two creditors who demanded immediate payment. They show that they started business six or seven years ago' with practically no capital, but they prospered until getting involved in business with Mr W. 0. Sheet, whose failure htd been a very serious matter to them. It the las; contract they became still more heavily involved, prior to Mr Sheet's be oming bankrupt.
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Bibliographic details
Gisborne Times, Volume VI, Issue 252, 1 November 1901, Page 3
Word Count
473BANKRUPTCY. Gisborne Times, Volume VI, Issue 252, 1 November 1901, Page 3
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