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MEETING OF CREDITORS.

—«_ RE RICHARD BROWN. At the first meeting of creditors in the estate of Richard Brown, butcher, of High street, Christchurch, there were .tea creditors present and Mr Johnston (for Mr Deacon) appeared for the bankrupt. The bankrupt's statement showed that the unsecured creditors amounted tp £778 3a 9d, secured creditors £1282 15a 3dV leas estimated value of securities £-1160— deficiency £122 15s 3d. Other liabilities £20 la, total debts £921. Assets, local debts, £650; estimated to produce £400, cash at bank £1 3s 3d, furniture in excess !of amount allowed by the Act £100, total £61513s 3d, being a deficiency of £305 6s 9dThe principal secured creditors were P. Cramp £15 Bs, C. Stewart £15 4e, W. Woods £14, — Orr £11 103, J. Ferguson £94 10s, Charlesworth's estate (rent) £52, Attwood'* estate £10, Duncan's estate (rent) £23 10s, Dr. Mickle (rent) .£2O, J. Graham £12, G. Cbisnali (wages) £14 4s. Dr. Orenden £10 12s6d,E.RavenhiU £20, E. Shirley £10, Todhunter and Jennings £20, J. Forrester £1014 a, A. W. Bennetts £332. The secured creditors were executors is Garland's estate, debt £1022 Sβ 3d, value of security £700; Trust and Agency Company of Australasia, limited, debt £210 10a, value of security £400; R» Smithson, debt £50, value of security £60. The property consisted of \ acre of land, shop and dwelling at Woolston, mortgaged, to Garland's executors; 213 acres 1 rood in Mount Thomas survey district, mortgaged to the Trust and Agency Company ; 2 roods and 22 perches at Riccarton, mortgaged te Mr Smithson.. * The Official Assignee remarked that a certain amount of the securities might be taken over by the secured creditors witfrout proving, but in other cases there might be a surplus to go to the estate. The debtor in his sworn statement said that he had been compelled to file owing to falling off ia business and pressure ci creditors. The bankrupt was qneetioned as to ttw payment of certain earns of money recently, and to his method of keeping books. During the last three yeaw his basineea had fallen off by nearly half, and his expenses were about the same aa formerly, owing to competition. The profits oa meat were not half what they used te be. He lost money on beef, and where he used to make 4e oa aeheep.it was now difficult to get Is 6d. Aitex. tome discussion, Mr A. W. Ben' nette moved—" That the debtor's furniture be haaded back to him." Mr Jennings seconded the motion, which was carried unanimously. Wβ offer a large stock of choice Be*e« Camellia*, Baoaodeadreas, Heaths and other choice flowering ehrobe. Fruit trees la great variety, tncladiaa Apples,Apricofca,Peaches,Peaw, Hums, - Japan Phuns, Kectariaes, Gooseberries - and Curraata, at NAiaar and Scare, Nurterjmea Lincoln road, Chrietchorck Advt.i * { B^JF*SQSSNB ">&«**' to 4s Kftajper tin, fe 9i per case, at G.LC.-----IASTX.j

SPECIAL ANNOUNCEMENTS. OUR CIRCULATION. personal examination of tha Auto- * matic Register, which I have checked with the independent reoozd kept by the Publisher, I hereby certify that the following figure* denote tho number of the oopiee of " THE PBKSB " circulated day by day flaring the period shown, via :— TUESDAY, 2fcn> AUGUST _ 8,889 WEDNESDAY, 23rd AUGUST .. 8,606 THURSDAY, 24th AUGUST _ 8,554 FRIDAY, 2STH AUGUST - 8,554 SATURDAY. 2STH AUGUST - 10,219 MONDAY. 28th AUGUST - 8,889 JAMES HENDERSON, Auditor and Accountant!. 178 Hereford street, Christchnrch, 28th. August, 1893, DISSOLUTION OF PARTNERSHIP. TfcTOTICE is herebjTgiven, taat the PARTIS NERSHIP which has tor some time past been carried on by FKANCIS JAMES SMITH and GILES WILLIAM COATES, und"r the style or firm of " G. Coates and C 0.," at Ciiristchurch. in the trade or business of Watchmakers, Goldsmiths, Silversmiths, and Jewellers, has this day been DISSOLVED by mutual consent. The Business will in future be carried on under the style of "G. Coates and Co." by the said FRANCIS JAMES SMITH, who wiu pay all debts dne by. and is hereby authorised to receive all moneye owing to, the late firm. Dated this firat day of September, 1893. GILK3 WILLI AJU COATES, FKANCIS J. SMITH. REFERRING to the above notice, I venture to hope that) the same support will be accorded to mc by the general puolic, as well i<B by the old customers of the firm, as heretofore, assuring them that my close personal supervision will be given to every department of the business, and ihat it will be my constant endeavour to sustain in the future the high reputation the firm has borne in the past. I am, yours obediently. * FKANCIS J. SMITH. SPECIAL NOTICE ! I THE DISSOLUTION has created a want for READY MONEY, Which we can only meet by a SPECIAL DISSOLUTION SALE, And we shall therefore ALLOW LARGE DISCOUNTS ON ALL CASH PURCHASES. G. COATES AND CO., WATCHMAKERS AND JEWELLERS, 218 Colombo street.

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https://paperspast.natlib.govt.nz/newspapers/CHP18930908.2.14

Bibliographic details

Press, Volume L, Issue 8582, 8 September 1893, Page 3

Word Count
791

MEETING OF CREDITORS. Press, Volume L, Issue 8582, 8 September 1893, Page 3

MEETING OF CREDITORS. Press, Volume L, Issue 8582, 8 September 1893, Page 3