BOARDING-HOUSE FAILURE.

Auckland Star, Volume XLVI, Issue 68, 20 March 1915, Page 6

BOARDING-HOUSE FAILURE.

Tasraan Bishop Skeela filed a petition to be adjudicated a bankrupt, tfiis morning. ■ His unsecured liabilities total £223 14/7, land his secured creditors £530 3/5, the estimated value of the securities being £565 12/, giving a surplus of £35 9/5, which is entered as an asset, -wiiich, •with furniture, £15. <nves total assets £50 9/5. Debtor stated, .the liabilities had been accumulating for the past four years. He started a. bowdinghouse in Nelson Street, and then at Takapuna, but did not make a success of erfcher The first season-at Takapuna he only had four lodgers. His -wife's sickness entailed hiring- labour, and aebtor dunng that time, was only working irregnlaTly; therefore Iris accounts got •behind. He had been at sea for ten yeare, and bad no regular .trade. He ■was no* working ac a painter, but had -lard work to keep his wife and two children. A CREDITOR'S (PETITION. On th* petition of th c Tanpo Totara Timber Comply, George Pheieant, ]mner ofFcankton, waa adjudged bank-Hamilton-to-day. The grounde of the petition, were, that.at a recent meeting of creditors iPheasant was asked •to file a petition and fafled to do co.