ALLEGED FRAUDULENT BANKRUPTCY.
Press Association —Copyright. Sydney, June 8. A sequestration order has been granted in the estate of Abraham Myerson and Maurice Myorson, merchants, trading as the American Shirt Company, and the Phoenix Clothing manufacturers, who were arrested on a charge of conspiracy to defraud their creditors. Tho evidence on behalf of the petitioning creditors, who include a number of largo city firms, sot out that the liabilities were over £525,000, and the assets £II,OOO. The Myersona had been selling heavy stocks of goods at auction below cost price and drawing large sums from the bank whereof no account was given in the books.
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https://paperspast.natlib.govt.nz/newspapers/RAMA19070608.2.24
Bibliographic details
Rangitikei Advocate and Manawatu Argus, Volume XXXII, Issue 8833, 8 June 1907, Page 2
Word Count
105ALLEGED FRAUDULENT BANKRUPTCY. Rangitikei Advocate and Manawatu Argus, Volume XXXII, Issue 8833, 8 June 1907, Page 2
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