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IN BANKRUPTCY.

——. ESTATE OF J. J. HILLS. (BY TELEGRAPH- —PRESS ASSOCIATION. AUCKLAND, Nov. 18. At a meeting of creditors iii the bankrupt, estate of Jesse James . Hills, of 1 aranaki and Auckland, the schedule .mowed liabilities to be £13,593, including £7833 to unsecured creditors, x lie assets, including book debts (over £20,000) are estimated to produce £2OOO, and the surplus on securities, amounting to £7330, totalled £9331. Nominal deficiencies were £4262. Secured creditors proved to £18,275, and the estimated value of the securities was £25,605, giving a nominal surnlus of £1330. The bankruptcy is attribuateff to- the tremendous slump in land values. After a. lengthy examination of the bankrupt, the meeting adjourned to- obtain a full statement of Hill’s transact ions during the last two -or three years.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HAWST19241118.2.89

Bibliographic details

Hawera Star, Volume XLVIII, 18 November 1924, Page 9

Word Count
128

IN BANKRUPTCY. Hawera Star, Volume XLVIII, 18 November 1924, Page 9

IN BANKRUPTCY. Hawera Star, Volume XLVIII, 18 November 1924, Page 9

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