A BANKRUPT COUNT
MEETING OF CREDITORS,
(Pee United Pbess Association.)
ROTORUA, November 26.
The meeting of creditors of Count Rene De Montaigu ended last night. The creditors accepted the offer of two local solicitors to pay the secured creditor his debt of £550 and prove as ordinary creditors. The bankrupt had borrowed £200 and £300 respectively, neither party knowing that he had borrowed from the other. On discovering it they got a third party to advance bankrupt £550, transferring to him securities which were valued at considerably over £550. The solicitors stated that the chief reason for their action was a desire to get rid of De Montaigu. Bankrupt's solicitor said he believed I}e Montaogu'B family would pay the debts in full. It was decided to return to the person formerly known as Countess De Montaigu furs, lace, and a ring, which she claimed •as hers.
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Bibliographic details
Otago Daily Times, Issue 16242, 27 November 1914, Page 8
Word Count
146A BANKRUPT COUNT Otago Daily Times, Issue 16242, 27 November 1914, Page 8
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