UNUSUAL PLEA
BANKRUPT THROUGH DIVORCE
(By Telegraph.) (Special to "The Evening Po«fc")
PALMEKSTON N., This Day. 1
A meeting of creditors in/ the bankrupt estate of M. N". SarcMch, Ha»» bour Board employee at Wellington, and formerly a restaurant keeper of Otaki % , lapsed for want of a quornm. la a lengthy written statement tho banfc» rupt said that he was solvent in. 1921, when he was a fisherman at Plimnierton. The same year he had been awarded £.1500 damages in divorce proceedings, in which G. V. Shannon was co-respondent. Shannon, ho said, was now bankrupt, and only a very small portion of this £1500 had been collect* cd. Later he went farming a"; Matamau. but had not done ■well. He had not had any surplus cash, and had been waiting for the £1500 so that he could get started properly. Finally he ha<| come out with nothing, and started tearooms and a fruiterer's business -at Otaki, where ho did fairly welli, After three months he sold out, but continued to live in Otaki, doing casual work. For the last three months he had been in Wellington. He attributed his bankruptcy solely to the divorce proceedings and his failure to recover the damages awarded him. The cost o* keeping his four children without having a proper homo had taken up all he had been able to earn. He maintained that he had absolutely no assets, and that he could make no offer out of th# amount he. was now; earning -" i==~
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19270210.2.96
Bibliographic details
Evening Post, Volume CXIII, Issue 34, 10 February 1927, Page 12
Word Count
250UNUSUAL PLEA Evening Post, Volume CXIII, Issue 34, 10 February 1927, Page 12
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