WIDOW'S BANKRUPTCY.
failure of two ventures. Two creditors were present yesterday at a meeting in the estate of a widow, Alice Kennedy, fruiterer, Great South Road (Mr. Vialoux). 'I he official assignee, Mr. G. N, Morris, presided. The schedule showed liabilities amounting to £75, all owing to unsecured creditors. Assets totalled £SO, consisting of furniture valued at £25 and £5 in cash. In a written statement bankrupt said she kept the railway boarding house at Ohakune for nine years prior to September, 1926, although during tiiat time she did not regard the venture as a moneymaking concern. She had no boardei's when she left and owed about £24 to tradesmen, although several boarders still owed her money. On coming to Auckland bankrupt said she bought a fruit and confectionery shop on the Great South Road for £7O, but the business did not pay. i It was suggested by a creditor that bankrupt's discharge should be facilitated. The assignee said he would adopt this course if possible.
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Bibliographic details
New Zealand Herald, Volume LXIV, Issue 19550, 1 February 1927, Page 15
Word Count
166WIDOW'S BANKRUPTCY. New Zealand Herald, Volume LXIV, Issue 19550, 1 February 1927, Page 15
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