In asking for proofs of debt at a meeting of creditors last Wednesday, the Official Assignee (Mr James Ashcroft) quoted instances where a really bad estate had paid 12s Gd in the £l, for the simple reason that only one creditor had sent in proof of debt. Creditors who do not “prove” are not entitled to any dividend in a bankrupt estate.
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https://paperspast.natlib.govt.nz/newspapers/NZMAIL19051101.2.33
Bibliographic details
New Zealand Mail, Issue 1756, 1 November 1905, Page 13
Word Count
62Untitled New Zealand Mail, Issue 1756, 1 November 1905, Page 13
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