A BANKRUPT'S BOOKS
The hearing of the charge of having failed to keep proper books as required by the Bankruptcy Act preferred against Garnet B. Holmes was continued by Mr. W. G. Riddell, S.M., after The Post w«nt to press yesterday. Mr. 0. C. Mazengarb, counsel for the defence, said that tha matter was not a serious one. The business transactions extended over a period of ten months. On commencing business defendant opened a set of books, but these were found to be inadequate and a professional accountant -, was called in and opened -another set of books. Defendant, in his position of manager, was not able to look after the books himself, and the work was left to an accountant and defendant's bookkeepers. There had not been any attempt at fraud, but the books had not been kept in such a manner as would permit of ah easy statement being obtained. Cojinsel suggested that the case would be met if the discharge from bankruptcy were held back. At this stage the hearing of the case was adjourned till this afternoon. Mr. J. Prendeville, of the Crown Law Office, ia appearing for the Official Assignee.
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Bibliographic details
Evening Post, Volume XCVII, Issue 27, 31 January 1919, Page 3
Word Count
194A BANKRUPT'S BOOKS Evening Post, Volume XCVII, Issue 27, 31 January 1919, Page 3
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