BANKRUPT IMPRISONED
Press Association. AUCKLAND, February 24. Twelve charges of having committed breaches of the Bankruptcy Act were made against Oliver Edward Farrow, of Auckland, at the Supremo Court. Individual charges set forth that Farrow contracted certain debts when he had no reasonable probable expectation of being able to pav for the goods secured. In addition Farrow was charged with obtaining property on credit by means of a false balance-sheet from Wins tone. Ltd., while the last count charged him with bringing about his bankruptcy by rash and hazardous speculation. After hearing the evidence the jury, by direction of the judge, brought in a verdict of not guilty on the charges regarding a false balance-sheet and rash speculation. On ten charges regarding contracting debts when he had no reasonable prospect of being able to repay tho same verdicts of guilty were returned. Accused was sentenced to one month’s imprisonment on each count, the sentences to he concurrent.
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Bibliographic details
New Zealand Times, Volume XXXVII, Issue 8363, 25 February 1913, Page 7
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157BANKRUPT IMPRISONED New Zealand Times, Volume XXXVII, Issue 8363, 25 February 1913, Page 7
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