Bankruptcy.
A special meeting of the crediffclra!!^ the estate of A. ■'E. Sehultz was fatfjfca't* the office of the 8.0.A. yesterday -after noon. Eighteen creditors were present or repr3S9nted, and the D.O.A. (Mr G. J. I5oott) occupied the chair. The debtor, through his solicitor, Mr •T. P. Inneg, offered a composition of 5s ! in the £ on all proved accepted claims, payable in cash upon approval by the Court in terms of section 118, aud to\- I lowing sections of the Bankruptcy Act, 1892. Mr J. P. lane?, a3 proxy for Ward & Co., proposed, and as proxy for Louisson he seconded a motion, " That the offer of 5s in the £ bs accepted." As an amendmenr, Mr Dempsey proposed, and Mr Hirsoh, as proxy for Gattsche & Co., seconded, " That Ihe bankruptcy proceedings be continued." On the amendment being put to the meeting, if; was declared lost, the voti g being:—Ayes, Messrs Dempsey and Hirsch; representing £31 3s 8d ; Noes, all ths other creditors in the room, representing £268 15s 3d. The meeting was then adjourned until Saturday, June 2nd, at noon, to confirm or otherwise the above resolution.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MS19000519.2.26
Bibliographic details
Manawatu Standard, Volume XXXVIII, Issue 6701, 19 May 1900, Page 4
Word Count
186Bankruptcy. Manawatu Standard, Volume XXXVIII, Issue 6701, 19 May 1900, Page 4
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in