FARMER’S FAILURE.
“DUE TO MISFORTUNES.” ESTATE OF S. R. hillyAßD. Misfortunes in Loth farming and service ear venturers are ascribed by Sidney Robert Hillyard, farmer, ot Gisborne, who has filed a petition in bankruptcy, as the reasons for his failure. In his statement to the Deputy Official Assignee (Mr. C. Blackburn) he says:— “About se\en years ago .1 took up farming under the soldiers’ settlement scheme and lor a short time the prospects seemed* good. then prices fell and even labor was a drug on the market. This, together with rather more than a lair share of misfortune eventually compelled me to give up f arming. __ l took whatever employment I could get and, after a>- time, I started business with a service car and worked up a good connection, the hope of clearing my debits rose higher until vandalism to my car on two occasions ruined both my car and my business, eventually plunging me deeper into debt. Since then J have done what I. could until my creditors have pressed me, so that I am now compelled to file my petition.” The statement of finances shows that £451 is owing to unsecured creditors, and there are no assets. The debts to unsecured creditors are: A. S. Patterson and Co.. Wellington £l6; Oolebropk and Taylor, Tolaga, Bay, £4: Thos. Bailie, Waimata, £311; Dalgety and Co., Gisborne, £ls; John Hurrey, Matawhero, £4B; Fortune and Carrutilers, Rotorua, £4; H.S. £4G; and Alexander and Graham, £7.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/GIST19271021.2.11
Bibliographic details
Gisborne Times, Volume LXVI, Issue 10413, 21 October 1927, Page 3
Word Count
244FARMER’S FAILURE. Gisborne Times, Volume LXVI, Issue 10413, 21 October 1927, Page 3
Using This Item
The Gisborne Herald Company is the copyright owner for the Gisborne Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Gisborne Herald Company. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.