“BROTHERS’ DOG-FIGHT”
i BAKER’S BANKRUPTCY £6 CASH AS ASSETS ‘’Simply a dog-fight between two brothers.’’ was the description of a bankruptcy given this morning ; by Mr. J. F. W. Dickson, solicitor | Tor the bankrupt, Douglas | shaw, of Point Chevalier. Armishaw’s brother, Arthur, was the ! only proved creditor present. Bankrupt explained that he. took ! over a bakery in September. 1927. His j brother was the landlord, and there ; was an agreement, although not in writing, that Arthur Armis'naw should back the bankrupt in everything until payments on the business itself had been complete. 'Kent was not discussed. Subsequently, bankrupt signed an agreement to pay £5 a week to his brother. He made payments, and, in June last, owed £lO5. His assets were only £6 cash, and his liabilities were £204 13s 4d. Debtor said further that ** quantity of the flour which arrived at the bakery had been poor in quality. His brother did not meet a payment due for another quantity, Douglas Armishaw said. His brother evidently asked bankrupt if rent payments could be made. The representative of the flourmilling firm concerned expressed his surprise at bankrupt’s assertion that the flour had been poor. “You would have thought so, too, if you had sampled the bread,” Mr. Dickson remarked. Armishaw said that he was seeking employment as a cook on a v'essei. The deputy-official assignee, Mr. V. R. Crowhurst. considered that an investigation of the assets to see just what belonged to the brothers was necessary. Mr. Crowhurst added that the agreement would have to be looked into and adjourned the meoting.
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Sun (Auckland), Volume II, Issue 564, 17 January 1929, Page 13
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261“BROTHERS’ DOG-FIGHT” Sun (Auckland), Volume II, Issue 564, 17 January 1929, Page 13
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