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An Auckland Insolvency.

(UNITED PRESS ASSOCrATIOtf.}? ; A meeting of thfcreditoly of Lionel Phillips, .\yine ;r aiercfeatit, was held today. There were present a large nuda•be» of geatlexnent rappeW lelfe ; iafctire}!}ted. Ihe expenses for house sirfd office appeared. to lie aboufc £21 per week from the time the bankrupt coraLißfenMd ,biißifie!js.} rjMif'lA. ?®i; Xathau. said there was considerable Jclissatissatisfaction. aujjs\s|e.in the oity, as t^e debtor appeared to nave lost in* scpjpj ranjJv.soxnei icredi^or? peeped lx> tnink tins was a sjiecies of gambling for a \\uj9inepß Jtßttn,.^. Mr+ f flathan sa^d that ibr wib nine months V n il'ips b-^d Wia busmess, seeded .to-Uaye . Deen lost, or dbont £1O(T per months and this was.exdu^iye of any supposed profits on- tiVe ousiriess. It was finally. ; proposed^aod cafried thfttfMr Bennett^ a certijScated accountant, should jbe employed to gft-tb-rough the books lo£ the whole estate, and that he should* J j rerjorfTebf.^.^ietHllg ilo-fceicalled ion Friday next. The debtor had no offer to make, bub wished to assign over hi»

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MS18840327.2.19

Bibliographic details

Manawatu Standard, Volume IV, Issue 103, 27 March 1884, Page 2

Word Count
164

An Auckland Insolvency. Manawatu Standard, Volume IV, Issue 103, 27 March 1884, Page 2

An Auckland Insolvency. Manawatu Standard, Volume IV, Issue 103, 27 March 1884, Page 2

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