BANKRUPT HORSE TRAINER
DEFICIENCY OF £3OOO. CREDITORS SYMPATHETIC. By Telegraph—Press Association. Christchurch, January 26. Poor stakes at race meetings, wins narrowly missed, drought and a general lack of business ability and experience, were blamed for his failure by Royden Benjamin Berry, a horse-trainer, of Templeton, who met his creditors this morning The amount owing to unsecured creditors was £lO3l, and there was £3420 owing to secured creditors. The value of security to secured creditors was estimated at £1176. The total debts were £3275, and the assets £B6, leaving a total deficiency of £3lBB. The creditors were sympathetic. The estate was left in the hands of the • > cial Assignee, and the creditors recommended him to facilitate bankrupt’s discharge.
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Bibliographic details
Hawke's Bay Tribune, Volume XXII, Issue 36, 26 January 1932, Page 4
Word Count
117BANKRUPT HORSE TRAINER Hawke's Bay Tribune, Volume XXII, Issue 36, 26 January 1932, Page 4
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