A STOCK DEALER'S BANKRUPTCY.
Christopher Heaton Smith, «farmer and stock dealer, Masterton, has been' adjudged a bankrupt upon his' own petition, writes our Wairarapa correspondent.- The' reason .ascribed for the trouble is losses sustained through buying stock oil forward delivery consequent' upon the bad summer si ason. The liabilities are set down at £1071; assets at £1090;-leaving a surplus of £19. The creditors, all of whom are unsecured, aie: Abraham and Williams, Masterton, £620; Messrs. Dalgety and Co;; 1 Masterton, £98; New Zealand 'Loan and Mercantile Agcncyi-Co., Masterton, £329.;' ' W.F.C.A., Masterton, £24. The assets comprise the goodwill of the lease of some 340 acres of land, £430; farm implements, £450; furniture, £200. A ; meeting of' creditors .will bo held to-morrow. '
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Bibliographic details
Dominion, Volume 1, Issue 264, 31 July 1908, Page 3
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120A STOCK DEALER'S BANKRUPTCY. Dominion, Volume 1, Issue 264, 31 July 1908, Page 3
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