ihe Dunedin Star says :-The action taken by one of our local so icitors in the Bankruptcy Court a few day ago has excited immense consternation in certain leading arks. It appears that gentlemen who have found it convenient to take •« the benefit of the Act "are by no means absolved from their liabilities, but under the existing law may be called on, if the have acquired property, to pay up 10a in the £, at any time within 20 years from their bankruptcy, Many snug villas and handsome establishmentare in deadly peril, and hungry, longsuffering creditors gaze with malignant eyes It • W ell turned out tqoipages which bear their debtors to business or pleasure. After the legal vacation it maj be expected that there will be a stirrtog up of the dead bones in the valley of financial desolation.
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Kumara Times, Issue 1019, 7 January 1880, Page 4
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139Untitled Kumara Times, Issue 1019, 7 January 1880, Page 4
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