Heavy Failure.

Poverty Bay Standard, Volume I, Issue 174, 4 July 1884, Page 2

Heavy Failure.

[Per Press Association.] Wellington, July 4. Detailed statement in bankruptcy of W. Waring Taylor, merchant, of Wellington, was filed to-day. The total amount of unsecured debts is £44,642, and the following are the principal losers May’s estate (agent, J. Arundel), £22,525; T. P. and J. Walker (Wolverhampton), £3,710; Mary Taylor (Leeds), £3,103; J. L. Dalrymple (Bulls), £3,018; Northern Assurance Company, £1,918; Mrs. Raynor (England), £1,483; T. Lloyd (Levin and Co., agents), £1,400; H. Gillard, £1,163; J. Inglis (England), £1,099 ; Mrs. Blythe (Wanganui), £1,093. The secured creditors are as follows Mrs. Moorhouse (Wellington), £9,992; National Bank, £2,459; Featherston Trust, £285; office rent, £175 ; house rent, £100; Manawa Station (wages), £439; J. Taylor (Napier), £9,500; Mrs. Compton (Christchurch), £1,346; M. Dixon (Birmingham, England) £22,203. Total, £46,501 9s lid. Assets—Freeholds : Carnarvon, £3,008 ; Picton, £2OO ; Old Custom House Quay, Wellington, £2,000; Manawa run and stock, £35,000 : Halcombe, £BOO ; Courtney place, Wellington, £350 : Cuba-street, £350; Wharema 560 acres, £1,260 ; half acre, Halcombe, £2OO ; New Plymouth, £120; Lamb, ton Quay, £3O. Leaseholds—Willis-street, £2OO : Wanganui, £350. Miscellaneous— Wellington Building Society shares, £120; Patent Slip shares, £200; Wellington Club, £5O ; Bank of New Zealand shares, £1,000; claim against Telford and Co., £137 ; agreement to purchase land, £200; total, £43,775. The following is a synopsis of the estatetotal liabilities, £91143 13s 4d ; total assets, £78,269 13s 6d, made up of book debts, £4,295 10s; cash in hand, £483 13s 4d : furniture, £225 ; stock-in-trade, £29,490 ; property, as above, £43,775 10s ; deficiency £12,873 18s 9d.