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WINDING UP SOLICITORS’ ESTATES. AUCKLAND, Oct. 11. • The winding up of estates of two bankrupt solicitors, one of whom was sentenced to a term of imprisonment, and the other of whom escaped from the country, is presenting, some special problems to the Official Assignee. In Die Supreme Court, Mr Hubble, on behalf, of the Assignee, sought the assistance of Mr Justice Smith in disposing of documents left in the estates of John Henry, Mansell and H. !<,. Malcolm. The method proposed by Mr Hubble was to call for tenders by advertisement for the purchase by solicitors of the documents on conditions to be approved by the Court. The actual sale would also require to he approved by the Court. Mr Hubble sa.d that Mansell and Malcolm were two solicitors practising in Auckland, both of whom went bankrupt about two years ago. In both cases the Official Assignee was now almost ready to make a final distribution. After all efforts had been made to trace the owners of the documents left in these estates there was still a considerable residue unclaimed. A number of them might never be claimed. The Assignee had legal power to apply to the Court for opinion, advice, or direction on any question respecting the management of an estate, and lie now did so.
His Honour: Have you ever had any similar application? . Mr Hubble: I have had two, your Honour, and we adopted the procedure I have suggested. His Honour:. I take it that the Law Society saw no oejection to that in tho past.
Mr Hubble: No, your Honour. In past cases the successful tenderer has been a member of the Law Society. The sale is subject to the approval of the Court finally. His Honouf said that on the face of it the Law Society might be the party interested. Mr Hubble said that had not occurred to him, hut custody of the documents was a matter of interest to the profession. He-agreed to his Honour’s proposal to refer the matter to the council of the Law Society. “If it does not wish to offer any observations to the Court on that method of procedure, I would accept a memorandum from it,” said his Hon-
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Hokitika Guardian, 15 October 1929, Page 7
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372UNCLAIMED DOCUMENTS Hokitika Guardian, 15 October 1929, Page 7
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