Old Cars Cause Of Bankruptcy
Old cars were the main cause of his bankruptcy, Donald Arthur McLintock, a machine operator, of 22 Lam-
beth crescent, told a meeting of his creditors yesterday morning. The high cost of keeping his second-hand cars roadworthy had been a continual drain on his financial resources.
The meeting was adjourned sine die for want of a quorum. McLintock, who was adjudged bankrupt on August 5, had a total deficiency of £390 5s sd. said the official assignee, Mr P. D. Clancy. His total debts were £335 5s 5d and his total assets £45.
McLintock was formerly adjudged bankrupt on March 9, 1962, when living in Wellington. He had not yet been discharged from his former bankruptcy, said Mr Clancy.
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Bibliographic details
Press, Volume CIV, Issue 30831, 17 August 1965, Page 9
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124Old Cars Cause Of Bankruptcy Press, Volume CIV, Issue 30831, 17 August 1965, Page 9
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