EXTENSIVE SYDNEY FRAUD.
(By Electric Telegraph—Copyright.) (Per Press Association.) Received June Bth. 9.43 a.m. SYDNEY, June 8. A sequestration order was granted iro the estate of Abraham Myerson and Maurice Myerson, merchants, trading as the American Shirt Company and Phoenix Clothing Manufacturers, who were arrested on a charge of conspiracy to defraud their creditors. The evidence on behalf of the petitioning creditors, who iftclude a number of large city firms, set out that the liabilities are over £25,000 and the assets £11,000. The Myersons have been selling heavy stocks of goods at auction below cost price and drawing large sums from the bank, whereof 110 account is given in the books. .
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Bibliographic details
Manawatu Standard, Volume XLI, Issue 8305, 8 June 1907, Page 5
Word Count
111EXTENSIVE SYDNEY FRAUD. Manawatu Standard, Volume XLI, Issue 8305, 8 June 1907, Page 5
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