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Creditors’ Meeting

I will pay my creditors in full regardless of how long it takes me,” Donald John Cargill, a labourer, of 103 Malcolm avenue, told a meeting of his creditors. Cargill’s statement of affairs showed that he had debts of £1924 and assets of £685, leaving a deficiency of £1239. He said he had lost money over one contract because the owner had changed her mind several times and he had not been able to start the job for some months.

In an effort to make money he had gone fishing, but the season had been the worst for about nine years and he had made only enough money for himself and his family to live on. He did not own the fish-ing-boat Foam although it was registered in his name and he had handled all the business concerned with it A motion that any application for discharge from bankruptcy be opposed until 15s in the £1 had been paid was passed. The meeting was then closed by the Official Assignee (Mr T. A. F. Withers).

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19670320.2.164

Bibliographic details

Press, Volume CVI, Issue 31323, 20 March 1967, Page 16

Word Count
177

Creditors’ Meeting Press, Volume CVI, Issue 31323, 20 March 1967, Page 16

Creditors’ Meeting Press, Volume CVI, Issue 31323, 20 March 1967, Page 16