SPECIAL TELEGRAMS.
NAPIER, April 26. A synopsis of the bankruptcy business of the Napier district since the Act came into force up to the present date shows the total number of bankrupt estates to have been 114. The estates in which tho assets were nil were 63, and the estates in which the assets were under LSO, 20 The total assets realised L 12.719, and the total amount paid in dividends, L 5.547. Preferential claims paid L.4,430; solicitors' charges, L 36 5; other costs of administration, L 603 ; while the balance in bank, relating to 46 estates, is LI ,762. The local Press are very severe on the conduct of the Napier school elections. The 'Telegraph' says:— "We entirely fail to see why Parliament should be so disinclined to remedy the defects of the Education Act, but every session sees most advisable amendments rejected and a system maintained that would disgrace the unwritten law of the Chocktaw Indianß. There surely can be no good reason urged against an alteration that would fix a date for the nominations of candidates and apEoint a day for their election, but this the ©gislature will not authorise, the result being the disgraceful and disgusting exhibition of ferocious ruffianism witnessed here last Monday night."
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Bibliographic details
Evening Star, Issue 7197, 27 April 1887, Page 3
Word Count
209SPECIAL TELEGRAMS. Evening Star, Issue 7197, 27 April 1887, Page 3
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