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A. bankrupt Marlborough Sounds far- j mer told a meeting of his creditors in j Blenheim last week that the failure of , his venture into stock dealing was i nartlv due to the wild state or some , of the cattle, which escaped to ..ntrugged fastnesses of his property, and , could not be captured and sold. • I ; know where some of them are now. , and if the creditors can get them they ; can have them," he offered. ' Can the ; Assignee issue dividends iu kind? , asked the legal representative of a : creditor. "If so, I would suggest that these wild cattle be distributed. The . Official Assignee observed that if_ tne , cattle were equal in value and their iber exactly coincided with the number of creditors, he might "Wider it Otherwise he was afraid it might not be strictly legal, matter was not regarded very seriously by the credi-

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https://paperspast.natlib.govt.nz/newspapers/CHP19291228.2.142.2

Bibliographic details

Press, Volume LXV, Issue 19813, 28 December 1929, Page 17

Word Count
146

Page 17 Advertisements Column 2 Press, Volume LXV, Issue 19813, 28 December 1929, Page 17

Page 17 Advertisements Column 2 Press, Volume LXV, Issue 19813, 28 December 1929, Page 17