BANKRUPT’S MISFORTUNES.

Stratford Evening Post, Volume XXXVI, Issue 18, 27 May 1913, Page 5

BANKRUPT’S MISFORTUNES.

o ■'l y I 41‘ ' | THROUGH FLOOD AND FIRE; • 1 5 | j [Per Press Association.] Invercargill, May 26. A meeting of creditors of Frederick Slade O'Neill, cordial manufacturer, Gore and Invercargill, was held today. Debtors’ statement showed liabilities amounting to £1784 and assets £1829, leaving an apparent surplus of £45. ’ Bankrupt said he "lost one entire season’s trade through the nonarrival of bottles and jars ordered from Home to arrive in August-1911, which, owing to the strike, did not arrive till February 1912. . He also lost £3OO through the recent flood in Gore, which stripped his works of practically everything except the machinery. Bankrupt was questioned about the details of a loan of about £SOO, which he said his father had advanced him. He stated that the books in which he had entered the transactions had been destroyed in a fire which recently destroyed his house and furniture. The creditors decided to dispose of bankrupt’s Invercargill business as a going concern, the Assignee having proved for the Gore business.