A meeting of the creditors of Donnolly, of the mammoth Palace Rink, was held at Christchurch on Tuesday, In I'onnolly’s statement the unsecured creditors were put down at £2046 6s 6d ; secured creditors, £4505. —The assets were furniture to the extent allowed by the Act, and chairs to the value of £4O in the rink. The amount paid in connection with the Christchurch rink was £5089 14s 4d. In his statement the bankrupt accounted for bis losses by the cost of the Christchurch rink, which was as stated above, and was only taken into account at £3200, and other matters which made a total deficiency of £2OOO, after taking into account the profits on rinks and skates, and the amount put in by the bankrupt himself. When he came to Christchurch he had £4OOO,
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Temuka Leader, Issue 1892, 16 May 1889, Page 4
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134Page 4 Advertisements Column 3 Temuka Leader, Issue 1892, 16 May 1889, Page 4
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