TIMARU.
This day.
An interesting case is now being heard in the District Court, the Official Assignee in the estate of J. Mcßeth moving to set aside a transfer of two promissory notes from the bankrupt to it. E. Taylor. Early in the year Mr Mcßeth relinquished his hotel, selling his stock and furniture for £830, the purchaser giving one-third in cash and the balance in bills at 4 and 9 months respectively. Subsequently, Mcßeth wanting capital, Taylor discounted the bills, deducting the amount of certain then current bills with which Mcßeth had paid an account owing by him to Taylor. Mcßeth shortly after becoming bankrupt, the creditors regarded the transaction as fraudulent paper, and are now moving to set it aside.
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https://paperspast.natlib.govt.nz/newspapers/THS18841020.2.9.4
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Thames Star, Volume XV, Issue 4923, 20 October 1884, Page 2
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122TIMARU. Thames Star, Volume XV, Issue 4923, 20 October 1884, Page 2
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