PAEROA BREWING CO., LTD.
A meeting of creditors in the Paeroa Brewery Co., Ltd., wag convened tliie morning, Air, W, S, Fisher (OBicial Assignee) presided. Mr. Andrew Hanna represented the mortgagee, and two other creditors attended.
Mr. Fisher said that he was in the position of not having any funds to administer the estate. Before matters could be brought to anything like a proper footing, an order of the Court would be required fixing the date up to which plaints could be lodged against the estate.
Mr. Hanna said he understood there was still capital that could be called up. The company had not dene business for about six years, but the license had been kept going, and now that the sale of liquor had been again authorised in Ohinemuri, that should have a • value.
Mr. Fisher said that there were (>B9O unallotted shares in the company. There was owing to creditors £850*18/4, to the mortgagee £2250, and £110 intereat. The assets were the brewing license, book debts £04 14/7, and uncalled capital. The meeting was adjourned to permit of creditors being consulted re guarantee of Court costs to the Official Assignee,
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Bibliographic details
Auckland Star, Volume LVII, Issue 145, 21 June 1926, Page 5
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192PAEROA BREWING CO., LTD. Auckland Star, Volume LVII, Issue 145, 21 June 1926, Page 5
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