SAWMILLERS' FAILURE.
♦ PROSECUTION ASKED FOR. [by telegraph.—own coeeespondent.] HAMILTON. Tuesday. At the adjourned investigation by the deputy official assignee (Mr. V. H. Sanson) into the state of affairs as disclosed by the bankruptcy statement of C. David and C. E. Molesworth (trading as Molesworth Bros.), timber millers, of Hamilton, the evidence of Charles Edward Molesworth was taken. The original meeting had been adjourned for that purpose. Bankrupts original statement merely showed £645 due to unsecured creditors, with no assets except a little furniture in the name of C. D. Molesworth set j down at £40. After C. E. Molesworth j had been examined at length, Mr. Cox commented adversely on the books which were kept and the action of the bankrupts in taking on another contract when they were hopelessly insolvent. The creditors resolved that the Crown Prosecutor be asked to investigate the case with a view to prosecution for . failure to keep proper books of accounts. The assignee was empowered to otter the Hamilton East property for private sale to the best advantage.
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New Zealand Herald, Volume LIX, Issue 18116, 14 June 1922, Page 9
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174SAWMILLERS' FAILURE. New Zealand Herald, Volume LIX, Issue 18116, 14 June 1922, Page 9
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