BANKRUPTCY RETURNS

Otago Daily Times, Issue 18762, 16 January 1923, Page 2

BANKRUPTCY RETURNS

The official bankruptcy returns for (he Otago and Southland districts for last year as furnished by Mr W. W. Samson (Official Assignee) ana the Deputy-Assistant Assignees at Invercargill and Oamaru show that the number of bankruptcies totalled 43, us against 30 for 1921. Of this number Otago accounted for 18. The number of farmer bankrupts was 18, as against 12 for the previous year. Labourers numbered three (two last year), salesmen two (none last year), storekeepers three (one last year), contractors two (one last year), and clerks two (none last year) Other bankrupts were of various occupations, including one hotelkeeper, a kinematograph operator, an accountant, and a stationer. The returns are ns follow, the figures in parentheses being these for 1921: OTAGO. Number of bankruptcies. 18 (11): assets as per statements filed, £5135 17s Id (£10,419 5s 5cl); amounts secured to creditors, £34,298 8s 5d (£10,052 19s 3d); liabilities as per statements .filed, £12,666 18s lid (£16,056 3s lid); amount of assets realised, £7027 12s lOd (£4551 10s lid); amount of debts proved. £20,265 os lOd (£19,326 17s 6d); amount paid in dividends, £3262 4s 6d (£2450 10s 9d); amount paid as preferential claims, £427 9s Id (£323 12s 10d); amount paid for secured claims, £5Ol 16s (£BB9 10s Id). AND OAMARU. Number of bankruptcies, 25 (19); assets as per statements filed, £4686 2s 5d (£8506 9s 4d); amounts secured to creditors, £59,503 10s (£28.576 0s sd); liabilities as per statements filed, £16,799 3s lid (£20,574 4s 4d), amount of assets realised, £3819 7s 4d (£4789 17s 2d); amount of debts proved, £19,177 15s 3d (£14,377 Is 7d); amount paid in dividends, £3517 bs 8d (£2333 4s sd); amount paid as i preferential claims, £293 11s 6d (£560 13s).