BANKRUPT MEETS CREDITORS
DEFICIENCY OF £953 “I must confess I can’t see how she has made the losses she has at New Brighton, if anything she should'be a little ahead,” said the Official Assignee (Mr G. W. Brown) during a meeting of creditors of Grace Dorothy Blake, married, of 4 Marine Parade, NewBrighton, a bankrupt shopkeeper A deficiency of £953 Ils lid was disclosed by a statement of the bankifi4naPiClal P oB^oo - A total of £1273 Ils lid was owed to unsecured creditors. There were no secured creditors. On the credit side was £320 the estimated value of stock-in-trade and plant.
I attribute my business position to too slow a turnover and too great an amount of outstanding accounts,” said Mrs Blake in a statement of the causes of her bankruptcy. The creditors authorised the disposal of the assets.
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Press, Volume XCI, Issue 27629, 9 April 1955, Page 4
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139BANKRUPT MEETS CREDITORS Press, Volume XCI, Issue 27629, 9 April 1955, Page 4
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