BANKRUPTCY RETURNS.
The returns showing the transactions m-bankruptcy in Wellington for the past y_ear, compiled by Mr Gerard, the Official Assignee’s accountant, show that there, were 4Q petitions by debtors, four adjudications on. petitions by creditors, and three cases in which compositions were accepted. _ The number of orders of immediate discharge granted by th© Court was thirty. In 18 cases discharges were suspended. The assets, as per statements- filed (excluding amounts secured to creditors), were £7094 last yean. Th© amount for the ’.preceding twelve months was £13,207. Secured creditors in 1899 were represented by £17,3-73. ■ TMs was £663 more than in 1898. The liabilities, as per statements filed, were £22,536 last year, a-s against £31,621 for the preceding year. The amount of assets realised wa_3 £4105 10s 9d in the year just ended, bemg_£2l62 less than the amount realised in 1898. The amount of debts proved was also l , less, the figures being £20,975 and £37,Ve7, Other details of the return are as the comparative figures being 1899 and 1898 respectively:—Paid in dividends, £3647 and £3149; paid fo-.r _ preferential claims, £266 and £194 ; paid "for secured, claims, £43 and £775; paid for Government commission, £147 and_ £229; paid for costs of actions, solicitors and suDorvisors’ fees, £459 and £407; expenses incurred in carrying on estates for the benefit of creditors, £215 and £4B; other charges, £215 ana £229, The balance in the Bank on Ist January, 1899, was £1845, and at the end of the year, £945.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NZMAIL19000118.2.12
Bibliographic details
New Zealand Mail, 18 January 1900, Page 13
Word Count
247BANKRUPTCY RETURNS. New Zealand Mail, 18 January 1900, Page 13
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.