MEETING OF CREDITORS.
RESTATE ,OT W.. B.';HUTCHINGS, OTILDES, :■-. At thaifirst '-meeting! (on! Thursday last)'of 'creditors, in, the bankrupt estate of Williamß. B. ; .Hutchings, builder; of Kilbirnie, it was decided to adjourn for, a' week in order to afford the bankrupt an. opportunity of .considering what offer he could make to his creditors. The proceedings , we're resumed. 1 yesterday afternoon, before, tho Official 'Assignee (Mr. A. , Simpson), ■when three of/the creditors' wore present.' ■■'.' .'The.bankrupt, in reply to a question by the Assignee, /stated that; he was; prepared to offer os.tin the i, which-' would be paid in throe weeks'time—practically cash down. . ; ,■"■•. Asked to explain why ha now'offered ss. in the £ when' he previously,: at a private' meeting of, his creditors, .offered 10s. in the &, the bankrupt stated that his people had offered to assist .the estate on that basis, if the matter were kept out of the Bankruptcy Court., They had how, withdrawn that offer. ..." ..:•.:....■ ■ It waa resolved, on the: motion of Mr. J. W. Eassonj.seconded.by.Mr.:H.;T. Pitcher, that, the ofTer'bo.'.accopted, the bankrupt to receive the stock,' furniture, and_ effects on paymentof the composition'of 6s. in the £~ ■~,'..■'..'■•"
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Dominion, Volume 2, Issue 602, 2 September 1909, Page 9
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185MEETING OF CREDITORS. Dominion, Volume 2, Issue 602, 2 September 1909, Page 9
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