A POINT IN BANKRUPTCY.
(By Telegraph.—Press Association)
CimiSTcnoacn, Wednesday. In the Supreme Court.applicatiou was made to set aside the rejection of proof in Fletcher's estate of the claim of the New Zealand Loan and Mercantile Agency Company, in respect of a call of £2210s per share of the old company, being a total of £11,511. Tho Official Assigneo had rejected tho proof on tho following grounds : 1. That there was no provision in the Bankruptcy Act onabling an estate in liquidation to prove for the prospective value of calls not made. 2. That the liquidator could not prove by agent. 3. That the liability was incapable of being fairly put in by a local manager on behalf of the liquidator. Judge Denmston ordered tho proof to be admitted,
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Wairarapa Daily Times, Volume XV, Issue 4770, 11 July 1894, Page 3
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128A POINT IN BANKRUPTCY. Wairarapa Daily Times, Volume XV, Issue 4770, 11 July 1894, Page 3
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