BUILDERS BANKRUPTCY.
| INQUIRIES BY CREDITORS. | ! FLATTER OF PBIVATE EXPENSES, j I An adjourned meeting of creditors in ] I the bankrupt estate of Gharies Thomas { I Spearpoiat, bailder (Mr. Jordan), was| i held yesterday, the official assignee, Sir. j jW. s! Fisher, priding. Since the pre- ! vjoas masting a statement of receipts and j I expenditure corering the period of titej I last 19 months had been fumuhed by | I the bankrupt. It had been examined bv j the largest creditors' who considered it advisable to refer tim statement to thej adjoumrd meeting. Total receipts during 1 the period were btiown at £3332, and expenditure at £3389. The statement was criticised by a _ number of creditors on the ground that it did not sufficiently differentiate private and business expenditure. In reply to creditors, bankrupt said he_ drew £6 10s a week as wages from his business, in addition to other sums. A Creditor : The statement shows that 'yon drew £830 within the last 19 months. Bankrupt denied certain allegations of i intentional misrepresentation. After discussing ways and means of nsalisiac asseis, the meeting waa ad- | journed. | —-BBSS *—~~~~~-~^— *
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Bibliographic details
New Zealand Herald, Volume LIX, Issue 18235, 31 October 1922, Page 5
Word Count
186BUILDERS BANKRUPTCY. New Zealand Herald, Volume LIX, Issue 18235, 31 October 1922, Page 5
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