MEETING OF CREDITORS IN THE ESTATE OF LEWIS BROTHERS.

Auckland Star, Volume IX, Issue 2499, 28 March 1878, Page 2

MEETING OF CREDITORS IN THE ESTATE OF LEWIS BROTHERS.

The committee in the estate oftheJW, rnpts considered that the assets Wv*"' over-estimated by the debtorT «S'W-. asked Mr Waymouth to make a ' «£? h>i mated their assets at £29, 727 2s 9d The committee estimated thmr * s ■, value at £13 237. Heads and SpS values according to the firm rvXfl £9,906 S3 3d ; property and stock, £12 lv' London property £400; property' o V er security held by bank and others £34^ 2s 7d; ca*h in bank, £237 9 3 8d; 'cotsi^ ments, £150 ; cash in London, £3 o 6 . 7 .J^Q. (including: cash in hand in London, £1451 The committee's value on the same "

Debts.. £3,500; properiyand stock £7 000 ■ Lou don property, £400 ; property over secur! lty lield by bank and others, nil • cagk ]L bank, £287; consignments, £150'• cash In London £2,000; totaL!e,s £100 paid in fan h1^.1.1, less s possible claim to be made by the National Bank upon any failure, to real ise the .securities to the full amount ft was estimated the state would realise 7a 2d in the £.

A long discussion followed on Mr War mouth's statement,™ which Mesars Steven^ son, Htan, Lewis, Hughs, Hesketh, Isaacs and Morrin took part. It was finally resolred, " That the estate be assigned to Messrs E. Isaac.i, Kummer,"and Brown," and with this amended motion the meeting was brought to a close.