THE WALTER GUTHRIE COMPANIES.

Press, Volume LIV, Issue 9736, 26 May 1897, Page 3

THE WALTER GUTHRIE COMPANIES.

(PRESS ASSOCIATION TELKORAII.) DUNEDIN, May 25. One or two matters in connection with what are known as the Walter Guthrie Companies cropped up during a Chamber sittings at the Supreme Court. In connection with tbe summonses to proceed with the winding up of' the New Zealand Pine Company, Colonial Hardware Company and the Southland Farmers' Implement Company, Mr Hosking said the next step could not take place for a week or two till the claims came in, and therefore the summonses stood over with regard to t motion for judgment. In the cose of the Bank of New Zealand v Walter Guthrie and Co., Limited, Mr Hosking said the question to.be inquired into was whether tjhe debentures covered the whole of the assets. That question would be argued in the in teres— of the unsecured creditors, and counsel asked that '* day might be fixed. Mr Justice VYUlialß— said he could hot fixia day. The adjudication on disputed claims against the estates of Walter Guthrie and Co. was adjourned until 27th July at the request of Mr Hosking, who said that unless there were free assets it would be absolutely useless to make inquiry sis to claims to be paid out of free assets. . '•.