A COMPLICATED BANKRUPTCY

Taranaki Daily News, Volume LII, Issue 78, 28 April 1909, Page 2

A COMPLICATED BANKRUPTCY

By Telegraph.—Press Association.

Auckland, Last Sight. , A complicated bankruptcy cat* 'occupied the attention of th,, m-tinc-Ofllci-it Assignee (Mr. Hugh M.-Lndj and the creditors in the estate of W. .1. Stokes, ot Kare Ivare, a Imsli coiuractor, practicullv the whole of to-day, The debts to HI unsecured creditors ran into someilmig like t\S,I(NI, the estate showing a delieiem-y of clot dd. A peculiar fenme hat created a lot of discussion was ■it the bankrupt's stock of timber had i u;ii 5 ,., 7 ,.d by I MS wages men on liens. J is nnber however, figured as an a»c aimed 10, I," slat ™""'- and was lied for the unsecured creditors by 'l'f'T A "r 1 W*y alio claimbe t n.lht under „ deed of morlJtofh I 1 a 111, i ,'"' k was «* "P----taled th,f aml tlle « 8si 8»«• o t,,a '*'"•)' had wrved notitces uptl, not to sell the tin"i,;, h, \"'*■'•'« "«ra showed no in"li t 1,1 , , '"•"""•'• <, «' Bankrupt was at '"'Severe eros, exami,,"»n. as «as |„s solicitor, by „ numb,,. ere f /'''"J™"'" in the i„. fin si, ot various creditors. Some lieeu-1 '"i;- transactions were referred To' .1 r'" IIU " lll >' Hie im-ting I d^uid or . « ™*> wh,.n Iwnkrujrt'a ffll sti;!fe^;;t;;£- üb -- :

CABLE NEWS

(By Cable—Press Association.— Cooy. right.)