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NO SUCCESS WITH FARM.

BOUGHT ON £50 DEPOSIT, ' > ASSETS SHOWN AS NIL.- ''' [BE TELEGRAPH.— ", 4 fJOEEESPONDENT.j HAMILTON. Monday- . A petition in bankruptcy ■ has. been .■;'■■ filed by William Muir,;; Douglas, sfbck- * man, at Cambridge. !: In a wrrtten .statemeiiit bankrupt: said, his position was du© to the purchase of a: farm nt Mauhgakawa, in 1913. Ho paid V:> down : i his savings, 1550, :as a deposits but altl tough ho wprkeifl hard She- could not bring the. placed info a state of ;• pro* \ ductivity. kHe .disposed -of bis interest to - another ; man ■ who . did Ms ; best but; was ' unable to carry on. This man left, the ', place.and bankrupt was held liable undo* the mortgage. As'he could not pay tha . money due' to ,the be was : - forced .to file. i * , Bankrupt's :■ debta 'consisted .of £650 and ' interest >\ wider, the mortgage' and his as- • '•.', sets wet© nil. , ( /:

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19231002.2.56

Bibliographic details

New Zealand Herald, Volume LX, Issue 18519, 2 October 1923, Page 6

Word Count
143

NO SUCCESS WITH FARM. New Zealand Herald, Volume LX, Issue 18519, 2 October 1923, Page 6

NO SUCCESS WITH FARM. New Zealand Herald, Volume LX, Issue 18519, 2 October 1923, Page 6

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