BANKRUPT FARMER
SERIES OF MISFORTUNES Roger Newnes, a farmer of Te Awa* mutu, met his creditors before the acting-official assignee, Mr. V. R. Crowhurst, in Hamilton, yesterday. Bankrupt said he was a soldier settler, who took up a section 16 miles from Te Awamutu, about seven years ago. He detailed a number of misfortunes from which he had suffered, chief among them being the fall in value of his farm from £l,BlO to £B4O. His unsecured debts totalled £3lO 10s 9d, and his assets were valued at £1,104, less £969 due to secured creditors. Mr. Crowhurst said bankrupt appeared to have worked hard and to have suffered great hardship. There was not a quorum of creditors present and no resolution was passeffi
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Bibliographic details
Sun (Auckland), Volume I, Issue 300, 10 March 1928, Page 12
Word Count
122BANKRUPT FARMER Sun (Auckland), Volume I, Issue 300, 10 March 1928, Page 12
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