BANKRUPTCY. STATISTICS.
The following are bankruptcy statistics for Outgo cnd 'Southlnnd for the year 1902':— DunedinDistruft (covering a radius of about 40. miles) —Bankruptcies on petitions, " by debtors, 11; on petitions by creditors, 1; orders -of immediate discharge, 9; orders suspended by court, 5; assets as per statements filed (exclusive of amounts secured), £4513 18s lOdj secured creditors, £3500 4s lOd; assets realised by assignee, £5242 14s 3d; debts proved, £14,294 14s lOd; paid in dividends (exclusive of preforentiftl amd secured claims), £1634 12s lOdj; costs of actions,- • solicitors', and supervisors' - fees, £240 10a 6d. The number of companies liquidated' by the official assignee was 8; asset-.; aj pel' statement (excluding secured creditors), £31,485 lis 9d; realised by assignee, £31,485 lis 9d;- debts proved, £1,007,111 12s 9(1; paid in dividends (exclusive of preferential and secured claims), £28,839-14s sd; costs of actions, solicitors', and supervisors' fees, £4924 3s Ed. , . " Totals Assets as per statements filed (excluding secured creditors), £35,999 103 7d; secured-creditors, £3500 4s lOd, realised ' by assignee, £34,728 6s; debtß proved, £1,021,406 7s 7(1; dividends (exclusivo of preferential -and secured -claims); ■ £30,474 7s 3d j and fees, £5164 13a lid. 1 V Invercargill District.— 27 oat debtors' petitions, 2 on creditors' petitions; immediato discharges, 17; suspended, 3; assets (not including secured creditors), £9451,13s 6d; secured creditors, £2895 Us 7d; realised by assignee, £4623 2s 2d; debts proved, £21,508 0s 7d; dividends (exclusive of preferential and secured claims), £2510 5s 10d'; 'costs Mid- fees, £254 7o 6d., Queenstown.—Bankruptcies, 3, oil on dobtora' petitions; immediate orders of discharge, 2; assets (excluding secured creditors), £566 19); secured creditors, £632 13s 7d; realised by assignee, £5 3s 8(1; debts proved, £2769.2s 7d; costs and fees, £2 2s. Nascby.-rßankruptcies, 1 on debtor's' petition and 1 on creditors' petition; immediate orders of dischargo, 2; assets (excluding secured .creditors), £910 18s 6d-; secured creditors,'£92l" 13s 2d; realised by assignee, £651 6.) Id; debts proved, £jS74 I*3 Id; dividends (exclusive of' preferential l and scoured claims). £85 9s 6d; costs and fees, £56 19s 3d.f ' Tuapeka—Bankruptcies, 2; immediate orders of discharge 3, suspended 1; assets (excluding secured creditors), ££94; realised by assignee, £496 ss; 'debts proved, £427 9s 8d; dividends (excluding preferential and secured claims), £427. 9s 8d; costs and fees, £25 lis lOd. . Gore.—Bankruptcies, 4; immediate discharges 2, suspended 1; assets (exclusive of secured creditors), £659; secured creditor.),. £1448; realised by' assignee, £539 5s 3d,!' debts proved, £2157 12s 9d; coats.and fees, £18 2s. Oamaru.—Bankruptcies. 4;' assets (excluding secured creditors), £452 9s 3d; realised liy assignee, £222 13s lOd; debts proved, £704 16s Id; .dividends (excluding preference and secured claims), £1 17s 6d; costs and fees,. £54 15s sd. The added totals of all the districts are:—" Bankruptcies, 52 on petitions of debtors, and 4 on petitions of creditors—total, 56; immediate, orders of discharge, 35, suspended, 10; assets as per statement's filed (excluding amounts secured to creditors), '£49,134 10s lOd; amounts secured to creditors, '£9448 3s 2d; assets realised by assignees, £41.266 2s 10d; debts proved, £1,049,648 4s 4d; paid in dividends (excluding preferential and. secured claims), £34,599 9s 9d: costs of actions, solicitors', and supervisors' fees, £5576 9s llfy These figured include the eight companies before referred to. M regards the size of the estates, there was in tile Dunedin district. 1 from £100 to £250, 2 from £250 to £500, 4 from £500
to £1000, 2 from £1000 to £2000, and 2 from £2000 to £5000, and 1 over £5000. In the Invercargill district thero were 7 from £50 to £100, 7.from £100 to £250 ; 7 from £250 to £500, 5 from £500 to £1000, 1 from £1000 to £2000, 1 from £2000; to £5000, and 1 over £5000. In the Queenstown district thero was 1 limited by £100, 1 limited by £250, and 1 under the £2000. lax the Naseby district the one was between £250 and £St)o, and the other between £500 and £1000. The two in the Tuaoeka district were between £100 and £250 and £500 and £1000. The Gore bankruptcies were 1 under tho £250, 2 'render £509, end 1 under £2000. In the O'amaru district- there were 2 estates within £250, 1 within £500, and 1 within £2000.
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Bibliographic details
Otago Daily Times, Issue 12565, 20 January 1903, Page 7
Word Count
698BANKRUPTCY. STATISTICS. Otago Daily Times, Issue 12565, 20 January 1903, Page 7
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