Business partner sought

Press, Volume CXV, Issue 33925, 19 August 1975, Page 12

Business partner sought

The Deputy official Assignee (Mr L. Anderson) told a meeting of creditors yesterday that if they wanted to get any of the money owed to them they i would have to find the I partner of one of the cred- ; itors. • Mr Anderson presided jover a meeting of the creditors of. Anthony Arnold (Hawkins, aged 25, of Paiparoa Prison, who said he I had been in gaol since last * March for . driving outside the conditions of his licence and driving while disqualified. Mr Hawkins was adjudged bankrupt on July 9 with debts of $1392 and assets of $6O. I He told the meeting he ! had been in partnership in a scrub cutting and concrete business with another man 'named Paul King.

The partners had run a business known as HawkinsKing Coptractors which had operated from Januarv to March this year. Mr Hawkins had been sent to prison last March and the business had folded soon afterwards. He claimed that the business was solvent when he was committed to prison and that the venture failed after that. Mr Anderson said he ; accepted that Mr Hawkins jhad worked very hard to I make the business successful and although adopting some I unorthodox business practices would probably have !“muddled through." Now that Mr Hawkins had been adjudged bankrupt, the creditors would have to seek out Mr King if they wanted to get paid, said Mr Anderson.