The Bailey Bankruptcy.

Manawatu Herald, 3 May 1894, Page 3

The Bailey Bankruptcy.

In connection with this matter (says theiflawera Star) there has come into the hands of the Deputy Official Assignee a letter from the bankrupt to Mr Thomas Robson. This js dated Auckland, April 12th, and- bears Auckland postmark of 18thr ; but, as Bailey was seen in Wellington on the 10th or 11th, it is. regarded as doubtful whether the pte6fa>r was written in Auckland. In ',<*&©; letter he says that he is in a fair <3tfa» over money matters, owing the -mjctaoneers £1674 and other credi- ' tors smaller sums, bringing up the , total to about £1700. He says, , f ur • :ibev that he had written to a f sawera solicitor, offering 10s in the * 'f&e&Bh and 2s in three months, and \ if this was accepted, he would return and divide the £1100 in his possession among them, but if not iiawftsoff to America with ibi If he did well there he would pay them in •♦full; if not, well he could not help *it;\ He attributed his position to 'heavy losses in sheep last year and -Jn cattle this year, and complained 'that he did badly with the cattle he i^pk^HawkQ'sßay, and has just