BANKRUPTCY NEWS.
Richard Potter,, miner ab Karangahake* has been adjudged a bankrupb. Liabilities* £6S 13s Sd; asaßts, £5 in furniture. James Whitelaw, storekeeper of Kamo, h. as. c.en declared a bankrupt). His botal liabilities and unsecured creditors are set down at £5,573 17s lOd, the number of creditors being 54. The amount due to secured creditors ia £11,000, th© ▼__.__• of the security being estimated tl £1*2,484, which would leave an asset te the shape of £1,48 _ for the benefit of lilt unsecured creditors. The other assets MO stock at three stores, situated ab KaMfc Towai, and Uponga, £3,450; book debt*, £5,150, estimated to produce £2,280, which would make assets to the extent of £7,2 M. to liquidate £5,57317a lOd debts dne to «_*• secured creditors, leaving a surplus of £1,640 2s 2d in hand afber paying 20s in the The hearing of the cases againsb Bennett and Tibbutb ab the Supreme Court has been adjourned until April 2nd.
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Auckland Star, Volume XXV, Issue 68, 20 March 1894, Page 5
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157BANKRUPTCY NEWS. Auckland Star, Volume XXV, Issue 68, 20 March 1894, Page 5
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