Bankruptcy and Minors.
(I'cr I'ress Association.) KUrHAM, Feb. ». A if-culiar jiosition was disclosed ul a meeting of creditors in, the estate of W. Wiaik-y hpld at FJltham on Morotay. Uiabilit|ied in the estate of Wadcy and Newlow aiKounted to over iiOOO, but it aiii/earod that until Sept. !>th Inst W-aidi-y was a minor, and I\ewlove still is a minor, consa.J.iiently the liabilities contracted prior to the ilth Sept. are not being lecogn-iHcd, and Newlovc cannot be declared a bankrupt. The position is very delicate, as if the Assignee sells the stocJs Newlove may demand his share of it. New.lo.ve'B solicitor would -not gi\-o an undertaking as to tke position Newlove would take up as a claimiant, Hut agreed to tke assignee realising the stock. The creditors passed a resolution that a ptitoJic examination bo held.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/TDN19040210.2.18
Bibliographic details
Ngā taipitopito pukapuka
Taranaki Daily News, Volume XLVI, Issue 34, 10 February 1904, Page 2
Word count
Tapeke kupu
135Bankruptcy and Minors. Taranaki Daily News, Volume XLVI, Issue 34, 10 February 1904, Page 2
Using this item
Te whakamahi i tēnei tūemi
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in