A FARMER'S FAILURE.
The adjourned meeting of creditors in the bankrupt of Frank Summers, farmer, of Opouriao, was set down for yesterday morning, but as only.two proved creditors were present the meeting lapsed for want of a quorum. Debtor's solicitor (Mr. W. M. Neumegen) informed the official assignee (Mr. W. S. Fisher) that bankrupt held .29 shares in the Opouriao Dairy Company, which had been returning about 30s per year, and mention of which was not made m his statement of affairs. In reply to Mr. Fisher's question as to ■ were fully paid-up, debtor said he did not know, as the arrangement with the company was to settle for them by the supply of cream. The official assignee said that notices of the adjournment meeting had been sent to country creditors, but 'no response had been made, and as there was an insufficient number of proved creditors present to form a quorum the meeting must lapse. v There would be no dividend & Jfahft
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New Zealand Herald, Volume L, Issue 15262, 28 March 1913, Page 5
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163A FARMER'S FAILURE. New Zealand Herald, Volume L, Issue 15262, 28 March 1913, Page 5
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