ASSIGNEE TO INQUIRE
A BUTCHER'S BANKRUPTCY
(By Telegraph.—Press Association.)
HAMILTON, This Day.
Edward Petley, a bankrupt butcher, told the Official Assignee to-day that ho had burned his books last September in disgust at discovering that he was losing money. The Assignee said that this action was very foolish and a breach of the Bankruptcy Act. Bankrupt said that " his furniture, which was insured for £200 in his name, had been sent to people in Wellington about a fortnight ago. Ho said' ho had sold this furniture to them a year ago. Tho Assignee doubted this story, and docided to make inquiries.
Bankrupt said that he came from Englaud about Beven years ago with £1200. He claimed to have £550 equity in butchery and house property, sufficient to pay all his debts, but the Assignee doubted if there was any equity. The Assignee undertook to inquire regarding three houses that bankrupt claimed as his own in London.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19290315.2.117
Bibliographic details
Evening Post, Volume CVII, Issue 61, 15 March 1929, Page 11
Word Count
156ASSIGNEE TO INQUIRE Evening Post, Volume CVII, Issue 61, 15 March 1929, Page 11
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