Article image
Article image
Article image
This article displays in one automatically-generated column. View the full page to see article in its original form.


A meeting of creditors in the bankrupt estate of Cameron Abercombie Pearson, engineer, Wellington, waa to have been held at the, office of the Official Assignee (Sir. S. Tansley) to-day, but lapsed for want of a quorum. ; . ■■ The statement of accounts showed: Amount owing to unsecured creditors £428 16s; book debts, £218 15s Id; estimated to bring in- £200; cash in hand, £43; total assets, £243 Os 9d; deficiency, £185 13s 3d.

In his sworn statement, Pearson said that he started business in Foxton with a partner in 1924. The partnership was dissolved in November, 1925; he then carried on business on his own account till February, 1929. They originally started with a borrowed capital of £38$ for plant and £115 for stock. The installation of electric power in the district altered the conditions considerably, and part of the plant was idle for the greater part of the year. The whole business was reduced to a great extent by opposition. He was pressed for rent, and was not given enough time to dispose of his business profitably, and was forced to file.

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

Bibliographic details

BANKRUPTCY, Evening Post, Volume CVIII, Issue 105, 30 October 1929

Word Count

BANKRUPTCY Evening Post, Volume CVIII, Issue 105, 30 October 1929

  1. New formats

    Papers Past now contains more than just newspapers. Use these links to navigate to other kinds of materials.

  2. Hierarchy

    These links will always show you how deep you are in the collection. Click them to get a broader view of the items you're currently viewing.

  3. Search

    Enter names, places, or other keywords that you're curious about here. We'll look for them in the fulltext of millions of articles.

  4. Search

    Browsed to an interesting page? Click here to search within the item you're currently viewing, or start a new search.

  5. Search facets

    Use these buttons to limit your searches to particular dates, titles, and more.

  6. View selection

    Switch between images of the original document and text transcriptions and outlines you can cut and paste.

  7. Tools

    Print, save, zoom in and more.

  8. Explore

    If you'd rather just browse through documents, click here to find titles and issues from particular dates and geographic regions.

  9. Need more help?

    The "Help" link will show you different tips for each page on the site, so click here often as you explore the site.