UNABLE TO PAY DEBTS

Dominion, Volume 14, Issue 298, 10 September 1921, Page 11

UNABLE TO PAY DEBTS

COMPANY WOUND UP BY ORDER OF COURT : FRAUD ALLEGED. •■ t j By Telejrranh —Pregs Association. Auckland, September 9. At the Supreme Court the Bank of New South Wales petitioned for compulsory winding up of the Overseas Sales Agency, Ltd., Auckland. The liabilities were stated to be .£75,000 and the assets 1 £7OOO. » It was alleged that the company was indebted to tho bank for £37,232 in respect of a bill of exchange accepted by the company, and which had been dishonoured since August 20, 1921. It was further alleged that the only two shareholders of the company / were 'Robert Frederick Wilson, formerly of Auckland, merchant, and Daisy Wilson, his wife. These two shareholders, at Sydney, held.' a' meeting on August 10, 1920, and passed a resolution to wind up voluntarily, Which, tho petitioners contended, was not in the interests of the whole df the creditors. Mr. Justice Adams made an order winding up'the company on the ground that it could not pay its debts. He stated that the withdrawal <f the charges of fraud was only for the purpose of the petition and not an admission that there was no fraud. / GENEROUS DONATIONS j ~ , TO PLUNKET HOME APPEAL. That the public appreciate the aims and work of the Plunket Society has long ’ been apparent; and this appreciation is shown in the generous donations that are being made' 1 towards the fund for building tu new’ home for ■ Wellington. The purpose of the appeal is to purchase, equip, and endow convenient, attractive, and comfortable headquarters for the Plunket Society in Wellington—a place where mothers can take their babies for consultation with the Plunket nurses, and where expectant mothers can receive sound, sympathetic advice and help under'conditions that ensure privacy and inspire confidence. i Following is a Iwt of the donations to date.-' In addition, large numbers of people are subscribing liberally' by means of the collection lists that have beeq distributed in shops, offices, factories, warehouses, and so on,, As these lists are completed and gathered in, the results will be announced in the Press. \ '■ ’ For the convenience of the public, and of the sympathisers engaged ,in the cam■paign, a central office has been established in Featherston Street, oppositef the General Post Office. Donations may be left at that office, or they may be sent to the hon. treasurers, Messrs. Watkins, Hull," Hunt, and Wheeler, Accountants' Chambers, Johnston Street, Wellington. As the sum of £10,090 is required, a strong effort is gt.ill needed:—

£ s. d. Mrs. M. A. Tattle 250 0 0 Dr. and Mrs.- Truby King .200 0 0 John. Kirkcaldie ... 100 0 0 Robert Hannah E. W.'Mills and Co., Ltd 100 0 0 100 0 0 J.-B. MacEwan and Co., Ltd. ... 100 0 0 G. II. Wilson (Auckland) 100 0 0 Blundell Bros 65 0 0 Hdnry Berry and Co 50 0 0 Whitcorobe and Tombs, Ltd. ... 26 5 0 Thos. Ballinger and Co., Ltd.... 25 0 0 Mr. and Mrs. D. A. Ewon 25 0 0 "A Friend” 25 0 0 British Empire Trading 'Co., Ltd 21 0 O' Wallington Publishing Co., Ltd. Collection Town Hall , 20 0 0 16 10 0 Ladies’ Pioneer Club 16 5 0 "New Zealand Times,” Ltd. ... Thomson, Brown, and iEast, 15 0 0 Ltd 10 10 0 J. A.' Hannah .................1...... 10 10 0 •/ Colonial Motor Co., Ltd 10 10l 0 P. Hayman pad Co W. M. Bannatype and Co., 10 10 0 Ltd 10 10 0 Will Appleton 10 0 0 Herbert Ross ..L z 10 0 0 J. G. Smith 10 0 0 C. E. Finch 10 0. 0 6. George Nathan 10 0 0 C. M. Banks, Ltd 10 0 0 Stannard R. Kniglut 10 0 0 List of donations' under five . 'totals, approximately, .£230. guineas