Creditors’ Meetings
Unecpnomic tharges for collecting rubbish and repairs to plant and a truck were the reasons Percy Harold Birchfield, aged 53, a driver, of Grahams Road, gave for his bankruptcy at a meeting of creditors yesterday. Birchfield disclosed debts of $1092 and no assets. The meeting was adjourned sine die for lack of a quorum. Loss of income through illness and poor budgeting were the reasons Frederick Percy Farrant, aged 25, a timber worker of Mathesons Road gave for his bankruptcy, at a meeting before the Deptuy Official Assignee (Mr L. of creditors on Wednesday. Farrant disclosed debts of $374 and no assets. Creditors asked Mr Anderson to note that they would oppose any application for discharge from bankruptcy until Farrant had paid 50c in the dollar. The meeting also instructed Mr Anderson to sell any available assets. '
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Bibliographic details
Press, Volume CIX, Issue 32303, 22 May 1970, Page 5
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139Creditors’ Meetings Press, Volume CIX, Issue 32303, 22 May 1970, Page 5
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