FRAUDULENT PREFERENCE
TRANSACTIONS SET ASIDE A moton to have two transactions set aside in the bankrupt estates of George David Bates, farmer, Takapuna, and Louisa Bates, was heard by Mr. Justice Stringer in the Supreme Court this morning. Mr. M. Grant, for the official assignee, Mr. G. N. Morris, said the first transaction was; one in which the debtors paid bankrupt’s son the sum of £2OO, and the other was a second mortgage in favour of that son. and two other brothers. The action, was brought under the Fraudulent Preference Act, and ii: was pointed out that the farm property was worth considerably less than the total amount for which it had been mortgaged. “It seems that there is fraudulent preference in each case,” said his Honour, in granting the applications, with costs.
A Drug Fiend. —William Campbell Wilson, aged 56, appeared for sentence at the Police Court to-day on a charge of being idle and disorderly. “He is a bit of a drug fiend,” said Sergeant Turner. He was prohibited, and ordered to come up for sentence when called upon.
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https://paperspast.natlib.govt.nz/newspapers/SUNAK19271013.2.75
Bibliographic details
Sun (Auckland), Volume I, Issue 174, 13 October 1927, Page 9
Word Count
181FRAUDULENT PREFERENCE Sun (Auckland), Volume I, Issue 174, 13 October 1927, Page 9
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