IN BANKRUPTCY

Hawke's Bay Tribune, Volume XX, Issue 161, 27 June 1930, Page 7

IN BANKRUPTCY

ESTATE OF E. E. SCHOFIELD. The unsecured creditors ip the bankrupt estate of Edward Ernest Schofield, plumber, of Napier, are as follow t — Napier: Napier Bricks, Ltd. £6, D. Christie £6O, R. Holt and Sons, Ltd. £l5O, Napier Borough Council £6B, R. Northe and Sons. Ltd. £97, Hawke’s Bay Electric Power Board £2 10/- F. G. Smith and Co., Ltd. £3. Daily Telegraph Co., Ltd. 19/6, Hector McGregor, Ltd. £l2, Smith and Smith Ltd. £B, J. Tattersail £2 2/-. Burlingham Bros, and McMillan, Ltd. £6 9/6. G. Gempton £B, S. C. Dodds £5B 1/8, Humphries and Humphries £9 10/-, Foreman and Co., Ltd. £135, Alward and Bissell £6, and G. Latham £3OO. Hastings: C. Bone £35, T, Ritchie, Ltd. £lB. Wellington: Amalgamated Brick and Tile Co.. Ltd. £167, Plumbers, Ltd. £361 17/3, and Jones and Co., Ltd. £6. Otahuhu: D. J. Williams £lO 10/-. The total debts due to unsecured creditors as enunciated above .total £1.530 19/11. The secured creditors are as follow:— Napier: James Robinson £857 11/2, G. Latham £420, Peacock Estate £CTO. B. O. Player £359 13/9, Hawke’s Bay Building and Investment Society £370 10/4, T. C. Adair £477 18/5. Hawke’s Bay Building and Investment Society £643 9/1, Mrs Chuck £l7l, Hawke’s Bay Building and Investment Society £497 15/-. National Bank £165 16/7, Mrs Randall £636 17/6, Mrs E. F. W'yllie £ 7 77, Kennedy and Co. £127 15/5. C. and A. Odlin, Ltd., hold securities to the extent of £1,400. The total is thus £7,505 7/3, the value of the securities being estimated at £7,820. A further liability by bankrupt is to W. Robertson, of Napier, moneylender. secured by cliattel security on plant value, also lien on shares in Metters, Ltd. The debt is £2O, Bankrupt’s real estate, all of which properties are subject to mortgages as set out in the list of secured creditors:— , Dwelling, with two motor sheds, France road, the amount of the deed being £1,600: dwelling, with motor shed, Roslyn road. £1,350; dwelling, with shop and motor shed, McGrath street, £1,000: dwelling, with motor shed. £1,100; dwelling, McGrath street. £850: shop, £170; dwelling with motor shed. £650; dwelling with motor shed, £1,150: total £7,820. The book- debts amount to £530 and are estimated to produce £3O. Bankrupt’s debts amount to £1,550 19/11. comprising £1,530 19/11 to unsecured creditors and £2O other liabilities. The assets amount to £364 12/9, made up of £2O stock-in-trade, £3O as estimated to be produced from book debts and £314 12/9 surplus from securities in the hands of secured creditors. The deficiency is thus £1,186 7/2.