GOVERNMENT LOAN TO MAN IN HOSPITAL.
LIVELY MEETING OF CREDITOR'S. Christchurch, Last Night. The allegation of gross lack of proper care on the part of the late Government in granting a State Advances loan to a man ill in hospital, with no money and practically no prospects, was made at a lively meeting of the creditors of Leonard Owen Bellette, builder. Bankrupt, it was alleged, had been granted a loan to build a house on insufficient security. He had paid no interest for two years, no rates for three years and had incured liabilities for supplies. He showed a deficiency of £4l 11s, ,but the Assignee informed the creditors that the true deficiency would be about £BOO. It was alleged Bellette had made repeated promises to bis creditors, which were not fulfilled and that the generous treatment accorded him .by the Government had resulted in the creditors suffering losses they might otherwise have avoided. A motion was carried that the matter be referred to the Crown Solicitor for investigation.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/MH19290316.2.30
Bibliographic details
Ngā taipitopito pukapuka
Manawatu Herald, Volume L, Issue 3919, 16 March 1929, Page 3
Word count
Tapeke kupu
169GOVERNMENT LOAN TO MAN IN HOSPITAL. Manawatu Herald, Volume L, Issue 3919, 16 March 1929, Page 3
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Manawatu Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in