SHIPPING COMPANY’S DEBT
ORDER FOR WINDING UP. [Per Press Association.] AUCKLAND, Last Night. Sir Robert Stout gave judgment in the Supreme Court on the application for the compulsory winding up of the East Coast Shipping Company on the petition*of John Burns and Co., judgment creditors for £l2O 18/-, due. Sir Robert said; "If the Company can, without being compelled to do so, pay its creditors, the Court will give it time to do so.” H c would order the company to be wound up, but the order would remain in the Court for fourteen days. If, during that period, the. debt of the petitioning creditor was paid, also costs, ten guineas, the order would not be sealed, but if the conditions were not fulfilled, the order must be sealed and come into operation.
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https://paperspast.natlib.govt.nz/newspapers/MT19250625.2.22
Bibliographic details
Manawatu Times, Volume XLIX, Issue 2716, 25 June 1925, Page 6
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133SHIPPING COMPANY’S DEBT Manawatu Times, Volume XLIX, Issue 2716, 25 June 1925, Page 6
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