The Bankruptcy Act.
i (UNITED PRESS ASSOCIATION.) . , Intbrcarqilli, May 16. 'Some little difficulty occurred today m connection with the tirst meeting m bankruptcy before the Official Assignee and his deputy m this dis. trict. The debtor was Henry Pinkierl, who has lost heavily m a sawmill speculation. The : public ?/ took some interest m the proceedings, arid- were expected to be lively, there ' r being- tuany contending interests. •Before proceedings commenced, the Deputy Assignee intimated that the meeting would -be private, and -•"-- asked the public to withdraw. One of them, however, stated that he had die authority of the Judge for remaining. And remarked, that his Honor said thai the proceedings should be open to the public. As,r those present declined to move, the court adjourned to the office of the Deputy Assignee. The only resolution passed was to ask the inspector of the Bank of Australasia to agree to an offer of 10s m the pound. The bankrupt's statement shows his assets : to be £8507, and his liabilities, .£10,464. The deputy Assignee's statements showed the assets to be £7142, and tho liabilities £10,114$ :. the deficiency being £3332.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MS18840520.2.17
Bibliographic details
Manawatu Standard, Volume IV, Issue 147, 20 May 1884, Page 2
Word Count
187The Bankruptcy Act. Manawatu Standard, Volume IV, Issue 147, 20 May 1884, Page 2
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in