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BANK OFFICIAL'S DEBTS.

DISMISSAL BY EMPLOYERS.

ACTION ACCORDING TO RULE.

[BY TELEGE^PH. —PRESS ASSOCIATION.]

NEW PLYMOUTH. Monday

Because the bank in which he was cmployed learned he was in Stephen Barker Williams was dismissed, and today he met his creditors, with a deficiency of £377. A creditor said it was unfair that some creditor had infoimed the bank of bankrupt's position, because that hr<d ruined the creditors' chances of being paid.

Williams said his dismissal was in accordance with a rule made by banks.

The deputy-official assignee saidrredi tors had no chance at present of secur ing mom than two shillings in the prouud,

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19290820.2.55

Bibliographic details

New Zealand Herald, Volume LXVI, Issue 20338, 20 August 1929, Page 8

Word Count
104

BANK OFFICIAL'S DEBTS. New Zealand Herald, Volume LXVI, Issue 20338, 20 August 1929, Page 8

BANK OFFICIAL'S DEBTS. New Zealand Herald, Volume LXVI, Issue 20338, 20 August 1929, Page 8