The Bankruptcy Act.
Per Press Association. I)o.a'')ix, Nov. IS. A t the Chamber of Comm ;ruu meeting Mr Deimiston (Chairman) referred at some length to tin Bankruptcy At. and ' he question arose whether it would not be better fo be v. Ithont an Act altogether. The process of wh : .te-wasl ,: ag was too easy, and ]) -rial clauses were mcr .dy dead \ ict.'vrs through the disinclination jfF judges to act as judge and jury. The sma'l average returns was another thing ; formerly lOs in the pound could be counted upon, but now ♦hey had to he content with Lis (id. It was resolved to petition ParPament to appomt a Committee to enquire into Dock Trust matters, especially as to rais'ug of loan.
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Bibliographic details
Marlborough Daily Times, Volume X, Issue 139, 19 November 1887, Page 2
Word Count
121The Bankruptcy Act. Marlborough Daily Times, Volume X, Issue 139, 19 November 1887, Page 2
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