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A BANKRUPTCY.

(Per Press Association.) Wellington, last night, _ “ There is nothing in the estate,” said the official assignee, “ and tho bank book, shows only a credit of 5s 6d.” It was understood thatgthe bankrupts had denly left Wellington, and taken certain goods with them. They were supposed to have gone to Napier, but enquiries there failed to find any trace of them.' They wore sought in Auckland, but again without result. Their open accounts show £l4B, and bills payable in February and March, £258; altogether a sum of £6OO. It’s a very undesirable thing to allow yf these people to go,” remarked the official assignee. “ This is the second case of lis kind, and if this sort of thing goes on it will be very serious.” ' . Some comment was made on the delay T which took place in declaring them bankrupt. The official assignee said that if the Judge had been here he might have aoted > more quickly than the registrar did™ An opinion was expressed that tho

Government should appoint sonbeone to act in place of the Judge during the holidays in emergencies of this kind. It was decided to offer a reward for tho discovery of the carrier who can.-Jed the bankrupts’ goods, and the meeting adjourned.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GIST19050131.2.24

Bibliographic details

Gisborne Times, Volume XVII, Issue 1367, 31 January 1905, Page 2

Word Count
209

A BANKRUPTCY. Gisborne Times, Volume XVII, Issue 1367, 31 January 1905, Page 2

A BANKRUPTCY. Gisborne Times, Volume XVII, Issue 1367, 31 January 1905, Page 2

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