WIDOW'S BANKRUPTCY.

Auckland Star, Volume LX, Issue 246, 17 October 1929, Page 8

WIDOW'S BANKRUPTCY.

ASSETS REALISE £40.

PESSIMISTIC CREDITOR

A •■HOPELESS" POSITION.

'"The position appears to be hopeless," remarked a creditor to-day, at the adjourned meeting into the affairs , of Annie Hirst, widow, of Auckland, who had traded as ,a builder under the title of "Hirst and Son." The DoputyOflieial Assignee (Mr. V. R. Crowhurst) presided. Mrs. Hirst was not present and it was stated that she was suffering from shock, the result of being knocked down by a motor car. The Assignee-reported ■oil the disposal of the properties owned by debtor, which fiad produced approximately £40. The meeting was adjourned, the Assignee being empowered to call bankrupt for examination after her.recovesv.

Claims of unsecured creditors amounted to £1082 7/4, this being the total of debts. The sum of £1800 was owed to secured creditors, and the value of securities was estimated at £4000.

Mr. Crowhurst said one property had been sold by the mortgagee, and. the surplus from the sale, together with a small amount realised by the sale of furniture, was £38 9/7. " Outgoings on the properties amounted to about £18 and there net balance of £18 10/7. "It was impossible for bankrupt, to bu here to-day," said Mr. Crowhurst, "but when her health permits she can be called."

To this the creditors agreed and the mco:in-: was adjourned sine die.