NEW INSOLVENTS.

Otago Daily Times, Issue 1134, 9 August 1865, Page 5

NEW INSOLVENTS.

first hearinos nxKD roit the 2nd oct. John Angus, storekeeper, Quoenstown. Debts admitted, LIS6G IGs lOd; disputed, LGO : total, LIG2G IGj lOd. Assets —good debt?, L 22 12s Id ; real and personal estate, LII3O 15s 8d : total, Ll 153! 7s 9d. Deficiency, L 473 9s Id. Causes of insolvency : Lossen in trude, caused by the Picton and Ilokitika rushes; by the wreck of a vessel called the Straggler on a voyage from Invercargill to Ilokitika, with uninsured goods on board, belonging to the petitioner ; pressure of creditors ; the issue of a writ; and losses upon mining shares at the Shotover. Smith andDempsey, solicitors. Richard William Sumpi-ehd, publican, Dunedin. Debts, L 405 23 lid. Assets— good debts, L2B ; real and personal estate, L 155: total, LlB3. Deficiency, L 222 2s lid. Causes of insolvency: Depression in business ; bad debts ; the falling off in the takings at the Supreme Court Hotel, for which he has to pay the rent of L 4 per week; pressure of the Bank of New South Wales for payment of an overdue acceptance of L 33 83, which he is unable to j meet from the aforesaid causes; and from a general inability to meet his engagements. E. F. Ward, solicitor.