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AUCKLAND BANKRUPTCIES.

LESS IN 1912.

The returns for 1912 for the business transacted by the Offiflbri Assignee's office, Auckland district, h«v« been completed by Mr. W, S. -Fisher. Tkey show ihat during the year there Were 180 bankruptcies ia the whole Auckland district, of which. 62 -were in Auckland, 10 G*9borne, 11 'Hawera, 9 New Hjteoeth, and 8 Stratford. In 83 cases tiie debtors petitioned, and in 17 *he bankruptcy was on the aippiioajtion of the creditors. The totai emount of lielbilities for the whole district was £62,022 14/, and the total assets aeper ntatentnis feted, £29,----487 8/1. He total aesets realised was £14,140 16/. The debts proved totalled £48,873 13/4, and the Assignee's office paid in dividends £7,715 18/2. Tta.s em of £1,350 5/3 wee paid to preferential creditors in addition to the dividends already stated. The amount of Government commission chained on the estates was £469 2/6. Compared with the statistics for 1911, Ah*.return on the whole is smaller far 1912, as there were bigger liabilities in the estates dealt with the previous year in the Auckland district.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19130125.2.89

Bibliographic details

Auckland Star, Volume XLIV, Issue 22, 25 January 1913, Page 11

Word Count
180

AUCKLAND BANKRUPTCIES. Auckland Star, Volume XLIV, Issue 22, 25 January 1913, Page 11

AUCKLAND BANKRUPTCIES. Auckland Star, Volume XLIV, Issue 22, 25 January 1913, Page 11

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