BANKRUPTCY.
The following 13 the statement filed by John McConnoohie, builder and contractor :—Unsecured creditors, £236 10s 7d. Assets : Furniture, £2O. Deficiency, £216 10s 7d. The unsecured creditors are as under : Davys and Third 14s 6d, Parnell and Go, £1 3s 6d, H. G. Watson 3s 63, Common, Shelton and Co. £2l 19s 9d, Bobb Bros. £33 15s 103, Machrell and Colley JEIO 4s 43, F. Stafford £22 7s, Evans, Nieia and Co. £3 9s 2a, W. Sutton £1 14s, F. W. Smith £8 Os 9d, Kennedy, Evans and Co. 13s, Webb and Son £42, J. McKee £6, Bees Bros. £2 3s, Adair Bros. £1 17s 63, Bedstone and Son £1 2s 63, Kauri Timber Company £3 5s 3d, F. M. Hoy £6 12s 6d, Wilson and Horton £9 3s, A. Heather £2 7s, McCullar and Gowar £3 3s, J. H. Dalton £6 15s, Percy Dix (theatrical agent) £24, estate of Moses (money-lender) J 57, Peat £3, W. J- Houston £1 6s 6d, Andrews 15s, Observer £2, Walter Dawson £3 3s, J. P- King £3 7s, J. Browne £3 3s. The last 15 creditors belong to Auckland. Debtor in his statement says “ I came to Gisborne about two years ago. Previous to this I had been for 11 years in the employ of the Opera House Company, in Auckland. After my arrival in Gisborne I was employed by Messrs Haisman and Sons, builders, os a journeyman carpenter, for about three months. I then left their employ and entered into partnership with Mr B. McGillivray under the style of > McConnoohie and McGillivray ’ as builders and contractors. Tho firm started with no capital, nor did wo borrow any. The parnership lasted about 18 months, during which time several contracts were carried out, but owing to the contracts being taken at too low a price we made practically nothing at them. In August last, through the aid of a friend, I made an offer to my Gisborne creditors of 10s in the £, but it was not accepted. I attribute my bankruptcy to keen competition in the building trado, and consequently being compelled to take contracts at too low a figure-and to tho pressure of creditors. I have no offer to make.”
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/GIST19031005.2.6
Bibliographic details
Gisborne Times, Volume X, Issue 1013, 5 October 1903, Page 1
Word Count
368BANKRUPTCY. Gisborne Times, Volume X, Issue 1013, 5 October 1903, Page 1
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in