IN BANKRUPTCY.
Ite Blundell Brothers. — Mr Pitt asked for an adjournment of tbis matter for a week. Be Norman Campbell. — His Honor said j th+t he had considered the new point raised in this matter, and was of opinion that the view taken by Mr Fell was correct. It appeared ' that the statute inten led that a certificate of ' complete execution by tlie trustees under a d^ed of arrangement should, in the absence < f j evidence to the contrary, be accepted by the ! Judge as svffi :ient evidence of the fact with- ! out any further proof, but this, his Hocor thought, might open a very wide door to j fraud, and the only possibility of checking it j under the Act appea ed to be by giving extra | publicity to the Gazette notices of the indention to apply, so that creditors should have s every chance of coming forward to oppose if they thought proper. In future, therefore, ao J applicat ons would be entertained unles. at | ie-.st ten da.(s notice had been given by ] advertisement. Ilis Honor did not refer to I this case or to that of Blundell Brothers as ■ deserving the slightest blame, but spoke very j severely of the badness of a law which might j so easi'y be abused, and said he should continue to speak against it until it was / removed from the Statute Book. He then declared the deed, to hve been completely . exreuted. < lie J "akin and Stace.— On the application » of Mr Fell, hia Honor appointed Friday, the / 14th August, as the day for bankrupts to pass r their final examination. -
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Bibliographic details
Nelson Evening Mail, Volume IX, Issue 168, 17 July 1874, Page 2
Word Count
270IN BANKRUPTCY. Nelson Evening Mail, Volume IX, Issue 168, 17 July 1874, Page 2
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