SEQUEL TO BANKRUPTCY.

New Zealand Herald, Volume LXVI, Issue 20243, 1 May 1929, Page 14

SEQUEL TO BANKRUPTCY.

PROPERTY IN WIFE'S NAME. CLAIM BY OFFICIAL ASSIGNEE. [BY TELEGRAPH. —PRESS ASSOCIATION.] WELLINGTON, Tuesday. The official assignee applied in the Suprema Court to-day under section 76 of the Bankruptcy Act to have two house properties at present in the name of Mrs. Janet S. Ross vested in the official assignee, or alternatively, for an order requiring Mrs. Ross to pay to the official assignee tho value of improvements made to the property by her husband, Alexander Boss, a bankrupt bootmaker, of Wellington, shortly beforo his bankruptcy in June, 1928. "I am satisfied," Mr. Justice MacGregor said, "that the official assignee is entitled to succeed. In other words, it has been proved to my satisfaction that the bankrupt within two years before his adjudication purchased land in his wife's name and thereafter erected certain buildings thereon and otherwise improved tho land. lam nob quite satisfied at- present as to the precise form of tho order and I propose to reserve that for further consideration in order to give the parties an opportunity to look into the circumstances, and to enable some agreement to be come to as to the modo of carrying out the order."