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! At the inquest on the fire at Mnxwell's HoW, af. Hawera, the Deputy Official Assignee in' the bankrupt eßtate of P. Maxwell, produced the statement of assets and liabilities, showing the amount of unsecured liabilities at, £514. He had sfnee ascertained .this was fully £100 under the amount. He produced &n insurance policy for £700 on the stock-in-trade, furniture, etc. ? On '-.-ex-,: amiration of the bankrupt he found that he had settled a considerable amount on property m his own name and that of his wife and boy, amounting to about £1400 altogether. He had also given a bill of sale for £200 to his sister-in-law, over the contents of the "hotel, which was, however, invalid, and he seized' and i held possessibn f of t.the *hotel. *If the! hdtelhad beeti^burnt 'dowflf the** £700^ insurance would have paid off the liahitities} arid left the other pioperties ■ quite free. ,

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https://paperspast.natlib.govt.nz/newspapers/MS18851021.2.27

Bibliographic details

Manawatu Standard, Volume X, Issue 1486, 21 October 1885, Page 4

Word Count
148

Untitled Manawatu Standard, Volume X, Issue 1486, 21 October 1885, Page 4

Untitled Manawatu Standard, Volume X, Issue 1486, 21 October 1885, Page 4

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