(per press association.) Dunedin, June 30. At a joint meeting of creditors of H. Benjamin and S. Jacobs, the Assignee .said that the bankrupts' statement showed on the surface a very good estate, considerably more than 20s m the £ ; but it was all a question of valuation, and, to start with, a large proportion of the property was held by the Bank of New South Wales, and securities which were valued at £9500 the Bank valued at £2400, and were prepared to take a cheque for that amount and hand over their securities. Mr J. A. Park was appointed supervisor. At a meeting of creditors of S. Jacobs, separately, the general idea was that there would be a surplus, but, pending stocktaking, no definite information could be given. The bankrupt was allowed £7 per week.
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BANKRUPTCY., Ashburton Guardian, Volume VII, Issue 2455, 1 July 1890
BANKRUPTCY. Ashburton Guardian, Volume VII, Issue 2455, 1 July 1890
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