BANKRUPT ESTATES.

New Zealand Herald, Volume XV, Issue 5065, 9 February 1878, Page 3

BANKRUPT ESTATES.

TO TIIE EDITOR. Sir, —There are a few questions I would like to ask about insolvent estates, as an unpleasant feeling exists as to dividends. When ou'co an estate passes into the Insolvency Court, the question is — what become.of the assets ? •It ' is customary to bury an estate' when a schedule is liled. Are assets alfowod to melt away? or are they consumed byexpenses ? If assets anrealised, how long js it necessary foi trustees to hold-them by law ? i make those inquiries as I am interested in estates thai should have been wound np long since.—l am, &o>, - Querist.

A lady correspondent writing to Miar .Antliony'a Woman's. JiiglUs Paper, published in America, makes a delightful suggestion, of which the following is a slightly expnr t gated transcript:—" The great want o: woman at present is money—money for their personal wants and money to carry out their plana. I propose they shall earn it; tha' - they shall cousider it as honourable to work for money as for bread. I insist that the bearing and rearing of children—the most exacting employment, and involving thimost serious risks—shall be tha best paid work in the world. The meaning of all thii is, the wives are about to strike for green backs. So mnch for every baby born; no greenbacks no more population—no mor;boys to carry on the great enterprises of th. age. The scale of prices for maternal duties to be as follows: Girl-baby, 100 dollars; boy, 200 dollars; twins, 300 dollars; twins, both boys, 400 dollars. Terms, 0. O. D. No credit beyond the first child. Husband;who desire to transmit their names to poster ity will please take notice, and take a nev\ departure." ' Harvesting is stUl being busily carried on in the Waikato, says the Times. About Cambridge, most of the farmeis are in the thick of it. A large amount of grain hasbeen got in, but still there is much to cat. Mr. Parr's reaper and binder has been constantly engaged, and has given great satisfaction. '1 he besf crop known as yet in the Waikato is that of Mr. Alwill, of Tamahere, . -twenty-five acres of which were cut on Friday and Saturday. It is expected to yield more than forty buaheli to the acre.