A TIMARU BANKRUPTCY.
(PRESS ASSOCIATION.) Timaru, July 18. The statements filed by Ross, Simß and Co. and the separate partners show the firm as £1451 to the bad and Sims £382, while Ross’ private estate is £5846 to the eood The firm have nnsecured creditors *to the extent of £4931. The principal assets are book debts £4668, estimated to produce £3640. Of the liabilities £216 is due to North Island creditors, £3Ol to Dunedin, £137 to Christchurch, £179 to Riverton, £59 to Melbourne, and £3ll to Scotland. Roes’ private estate shows _ unsecured creditors £2272; other liabilities, £2803: secured creditors, £12,1/5 Ihe value of the securities is £17,750. The principal assets are -.—Book debts and rents, £378 ; properties, £2BBB ; surplus from securities, £5380 ; net surplus, £0846. Of the £2272 due to unsecured creditors £2200 is owing to six persons, £l5O to Melbourne, £6OO to Ireland, £SOO to Scotland. Mr Sims shows unsecured creditors £144. deficiency on securities £353, and a net debit of £382.
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Bibliographic details
New Zealand Mail, 21 July 1892, Page 21
Word Count
163A TIMARU BANKRUPTCY. New Zealand Mail, 21 July 1892, Page 21
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