PORK BUTCHER FAILS
LACK OF CAPITAL BLAMED (From Our Oxen Correspondent) HAMILTON, Thursday. The bankruptcy of Harry Aylrn?|_ Coates, pork butcher, Cambridge, investigated at a meeting of credit© in Hamilton to-day. The amount owing to unsecured creditors totalled £1,705, vkhle - were valued at £1,304. leaving a ency of £4Ol. Bankrupt said he was without cjai tal when he commenced busine. & his own account in Empire => Cambridge. The business paid way, but he was heavily bandteapPthrough lack of capital. f o »* notice that he would be held I,abl tv the interest and rates on a.. f r ? P tha t previously held. It was decide 1 he should file his petition m oan ruptcy. Bankrupt attributed his P°__ tion to the small profits offered m * butchery business, lack of capital, the pressure brought by the mortg of the Victoria Street property. The action of the assignee ln the business was confirmed. A _ mittee was appointed to dispos the chattels in hand, and it cided to request the assignee to ts tate bankrupt's discharge-
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Bibliographic details
Sun (Auckland), Volume II, Issue 375, 8 June 1928, Page 12
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172PORK BUTCHER FAILS Sun (Auckland), Volume II, Issue 375, 8 June 1928, Page 12
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