Deficiency Of $2422
Under-cut prices for work as a jobbing-carpenter and insufficient work to carry on business with continuity were the reasons given for his bankruptcy by Lancelot Clifford Kinraid when a meeting of his creditors was held on Monday. Mr Kinraid’s statement showed that he owed 21 unsecured creditors a total sum of $1904.39 and had other liabilities of *558.09. With assets of only $4O, his total deficiency was $2422.48. The meeting, at which the deputy Official Assignee (Mr L. Anderson) presided, was adjourned sine die for lack of a quorum.
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Press, Volume CIX, Issue 31987, 14 May 1969, Page 8
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92Deficiency Of $2422 Press, Volume CIX, Issue 31987, 14 May 1969, Page 8
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