A WELLINGTON BANKRUPTCY CASE.

New Zealand Herald, Volume XXIII, Issue 7392, 23 March 1886, Page 5

A WELLINGTON BANKRUPTCY CASE.

[by TELEGRAPH. —PRESS ASSOCIATION. J Wellington, Monday. At a meeting of the ereditars of James Smith, late landlord of the Post Office Hotel, it was said the debts amounted to £600. Mr. Riley complained that, after he took possession of the hotel, Smith removed about £300 worth of silvor, liquor, Ac., from the place. The Official Assignee reported that there were a number of bills in the National Bank, and he had given notice to the manager that they were claimed on behalf of the creditors. There was a draft on London for £500, and if creditors gave hioc (the Official Assignee) authority to atop the acceptance of the draft, which was issued by Messrß. Levin and Co., he would cable to prevent payment. Mrs. Smith had a cheque for £500, aud it was for the creditors to say whether anything should be done with regard to that. The Official Assignee stated that Smith must have taken about £500 to Great Britain. Mr. Biley said he had the best authority for stating that Smith must have taken away £400 or £500. At the suggestion of the Official Assignee it was decided to adjourn the meeting until this day week. The Official Assignee promised to despatch a cablegram to England at once, stopping acceptance of the draft for £500.