BURNED HIS BOOKS
■ BANKRUPT BUTCHER. Hamilton, March 15. Edward Petley, a bankrupt butcher told the Official Assignee today that he had burned his books last September. in disgust at discovering that he was losing money. The Assignee said that this action was very foolish, and a breach of the Bankruptcy Act. Bankrupt said that his furniture, which was insured for £2OO in his name, had ibeen sent to people in Wellington aibout a fortnight ago. He said he had sold this furniture to them a year ago. The Assignee dou'bted this story, and decided to make inquiries. Bankrupt said that he came from England about seven years ago with £I2OO. He claimed to have £550 equity in butchery and house property, sufficient to pay all his debts, but the Assignee doubted if there was any equity. The Assignee undertook to inquire regarding three houses that bankrupt claimed as his own in London.
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https://paperspast.natlib.govt.nz/newspapers/MH19290316.2.11
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Manawatu Herald, Volume L, Issue 3919, 16 March 1929, Page 2
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152BURNED HIS BOOKS Manawatu Herald, Volume L, Issue 3919, 16 March 1929, Page 2
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