IN BANKRUPTCY.
Albert John.Hony. of Waiuku, bush contractor, has filed his petition in bankruptcy. His sworn statement is as follows:—I am a bush contractor, and sigued a contract for 441 acres of bushfelltng iv the. Wairamarama Block, at 23/ per acre. I commenced on May 1, 1900, and finished on the sth inst. The amount of t\e contract was £507 3/, and 1 have received progress payments amounting to £383 2/7, leaving a balance still due of £124 0/5. Owing to the scarcity of efficient men I had to take on incompetent hands, and pay them as skilled men at a weekly wage, and much time was lost through bad weather. Owing to these unfortunate circumstances, I lost £106 8/7 on the contract, besides my own labour for 35 weeks. I started witn £20, part of which was spent on tools, and the rest went for wages. My debts amount to £ 230 9/, of which £48 is preferential for wages men. My only asset consists .of £124 0/5, balance due on th e contract, and about £5 worth of tools, and I cannot suggest anything in the way of. compromise.
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Auckland Star, Volume XXXI, Issue 293, 10 December 1900, Page 3
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190IN BANKRUPTCY. Auckland Star, Volume XXXI, Issue 293, 10 December 1900, Page 3
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