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WOMAN BANKRUPT

CREDITORS SYMPATHETIC | A venture in motor-carrying proved j unfortunate for Blanche Sarah Hamil- | ton, a married woman, of Papakura. j She met sympathetic creditors this | morning, for they passed a motion | that Mrs. Hamilton’s discharge from | bankruptcy should be facilitated. IrirI ther, they expresesd their sympathy I with the bankrupt. j Mrs. Hamilton’s financial statement j said that £568 6s lOd was the amount j due to unsecured creditors, and £1,030 Jto secured creditors. Securities were estimated to produce £1,600. In the assets, £3O was stated to be the value of the furniture, and, with the surplus from the securities, the total assets i were £6OO. A nominal surplus from S the assets of £3l 13s 2d was given, j Mrs. Hamilton said that she had had | misfortune with motor-trucks she had I taken over, and there had been illness I in her family. j One creditor remarked that the creditors were perhaps partly to | blame for allowing so much credit to | the bankrupt.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/SUNAK19281218.2.68

Bibliographic details

Sun (Auckland), Volume II, Issue 540, 18 December 1928, Page 12

Word Count
166

WOMAN BANKRUPT Sun (Auckland), Volume II, Issue 540, 18 December 1928, Page 12

WOMAN BANKRUPT Sun (Auckland), Volume II, Issue 540, 18 December 1928, Page 12

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