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TO THE EDITOR. Siu,—Being a small creditor in the above estate, I regret having missed the opportunity of being present at yesterday’s meeting, for it appears to me that a great injustice has been done to at least one of the creditors. I refer to Mr James Lambton, wharf carter, who appears on the list for something over Ll3O. Now, anyone who knows Mr Lambton’a financial position will agree that he cannot afford such a serious loss. This amount, I understand, has been running on for years past, and the bankrupts have made all sorts of promises from time to time to reduce it. My object in addressing you on the subject is to ascertain what should be done to recoup Mr Lambton; and had I been at the meeting referred to, I certainly would have moved something to the effect that, if the bankrupts are allowed to purchase the estate for the L 6,000, they bind themselves to satisfy the above claim in full over and above the amount of tho purchase. I sincerely hope that someone who has more time at his disposal will take this matter up, and assist in making good Mr Lambton’s loss. —I am, etc., Arthur M'Donald. Dunedin, June 23.

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Bibliographic details

PROCTORS, JONES, AND CO.’S BANKRUPTCY., Issue 7942, 25 June 1889

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PROCTORS, JONES, AND CO.’S BANKRUPTCY. Issue 7942, 25 June 1889

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