A W ELLINGTON 'BANKRUPTCY.
ALLEGED DEFICIENCY, £10,000. , v Albert. Clarence'Elliott, of tho firm of Messrs; Elliott "and'Duncan, land and estate agents, . Wellington,. was. adjudged bankrupt on his own petition yesterday The text of tho petition, was as follows : —" I Albert Claronco Elliott, of tho city of/Wellington, land and estate agent, hereby petition to bo adjudged bankrupt, as I am Unable to pay my 'debts.—'(Siguod) A.' C...Elliott." It is understood . . that ' recently .debtor'fi were, at-the instance of his creditors, investigated by au accountant, who drew up a balance-sheet (based-on the. particulars available) giving thp following , results Gross I liabilities (thirty-seven 'unsecured creditors)> [ .£12,096 17s. -,4dv jbalanco of assets after securod creditors have been 'paid, £1961 4s. lid.; net deficiency, £10,135 12s.' 5d.; number of' secured'creditors, .twelve, to whom a total of £8150 3 ss. Id. is duo, and whoso securities are in all estimated to proSuco £9825. Tho first mooting of creditors in tho ©state will bo held on May 4, at 11 a.m.
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https://paperspast.natlib.govt.nz/newspapers/DOM19080425.2.107
Bibliographic details
Dominion, Volume 1, Issue 180, 25 April 1908, Page 13
Word Count
163A W ELLINGTON 'BANKRUPTCY. Dominion, Volume 1, Issue 180, 25 April 1908, Page 13
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