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IN BANKRUPTCY.

The following particulars have boon received by Mr. J. Coleman, Deputy Oilieial Assignee, .in the application in bankruptcy by Paul Stuart McColl, of Gisborne, laborer. “1 am a married man with a family of live young, children, and am employed as a laborer at the Gisborne Brewery at a weekly wage, of'£2 15s. [ have’ been in my present employment for about five years, during the first three my wages being £2 10s per week. Last week one of my creditors obtained judgment against me for .till, and pressed for immediate payment. I was unable to meet bis demands, and in t air ness to my other creditors decided, on the advice of my solicitor, to file. On my present wage 1 am unable to make any offer.’’ Statement: Dr. unsecured creditors .ClB2 18s 3d, secured creditors £829 7s Sd, less estimated value of securities (.‘375, surplus to contra £43 12s 4il; total debts' £133 13s 3d. Credit: Furniture £4O; surplus from securities in bands of secured creditors. £4B tils 4il; total assets £BS 12s 4d. Deficiency, £47 Os lid. The unsecured creditors are: Common, Shelton and Co. £9 17s dig D. ,1. Barry £4, W. Pottle and Co. £5 10s 2d,W. Diehard son ss, .10. D. Smith £3 15s 3d, Teat and Friar £9l, Cbrisp and Coleman £5 ss, P. McGonigal (Muhin) 613. Secured creditor: Gisborne Cooperative Building Society—Estimated value of security £375. Amount of debt £329 7s Sd. Deal estate, lot 27 of 123 A, suburb of Gisborne (freehold with dwelling), Stanley road. Amount of debt- £375.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GIST19080504.2.39

Bibliographic details

Gisborne Times, Volume XXVI, Issue 2181, 4 May 1908, Page 4

Word Count
260

IN BANKRUPTCY. Gisborne Times, Volume XXVI, Issue 2181, 4 May 1908, Page 4

IN BANKRUPTCY. Gisborne Times, Volume XXVI, Issue 2181, 4 May 1908, Page 4

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