BANKRUPTCY.

New Zealand Herald, Volume XXXIV, Issue 10411, 8 April 1897, Page 3

BANKRUPTCY.

Allan William O'Neill, a bankrupt, made I a sworn statement before the Official Assignee in Bankruptcy (Mr. John Lawson) yesterday, as under:— am a solicitor by profession, practising in Auckland. 1 was adjudicated bankrupt yesterday on the bank of New Zealand's petition, my sole creditor. The Bank's claim is £4120 Is, being a call of £3 6s 8d per share on 1131 shares in that institution, including interest. The Bank obtained judgment against my brother Lewis O'Neill and myself. The shares in question were on the Bank's books in the joint names of myself and my brother Lewis, My assets total £331. This discloses everything 1 possess in the nature of assets. I have no offer to make. Freeman Johnson, of Johnson Brothers, Waihi, a bankrupt, in a sworn statement, said:—l am a partner of the firm of Johnson Brothers, lately carrying on business as fruiterers and restaurant-keepers, at Waihi. I joined my brother Harry in this undertaking in May, 1896. We started the new business with a cash capital £75 each. We had no other monetary assistance. Our liabilities to 49 unsecured creditors amounted to £702 19s 3d, exclusive of all promissory notes. The assets total £679—deficiency, £23195. I have no suggestion to make in the nature of a compromise. I have disclosed everything we jointly possess, and neither of us have any i private assets whatever.