BANKRUPT HINDU.
UNPROFITABLE VENTURES.
[BY TELEGRAPH. —OWN CORRESPONDENT. ]
HAMILTON. Monday.
A meeting of creditors in the bankrupt estate of Ram Chand, a Hindu fruiterer, of Frankton, was held before tho deputyofficial assignee, Mr. V. 11. Sanson, today. Bankrupt stated that he owed £81 9s 2d to unsecured creditors. His assets were worth £37 19s sd, leaving a deficit of £43 9s 9d. Bankrupt explained that he had acted as partner to a conjurer in Auckland, and that he had lent the man £50, which had not been repaid. He had not received wages for tho work lie did. He commenced business as a fruiterer at Frankton with about £40 as capital, but ho did not do well. There was not a quorum present and no resolution was passed.
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Bibliographic details
New Zealand Herald, Volume LXI, Issue 18887, 9 December 1924, Page 12
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128BANKRUPT HINDU. New Zealand Herald, Volume LXI, Issue 18887, 9 December 1924, Page 12
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