MISSING SOLICITOR.

Otago Daily Times, Issue 20583, 5 December 1928, Page 10

MISSING SOLICITOR.

WARRANT ISSUED FOR ARREST BIG DEFICIENCY IN'TRUST ACCOUNT. 1 (Per United. Press Association.) AUCKLAND, December 4, At a meeting of creditors of Hector Robert Malcolm, solicitor, a committee was formed to go into his affairs. The official assignee said that the trade debts were £427 and the defalcations iff the trust funds £7171. These figures, however,, were not complete. People'had gone to him alleging defalcations but had not returned to make further statements. It appeared that all that was left in the trust account was £l3. The books apparently had hardly been kept at all since last March, and it was very hard to determine just what thejiook debts were. The only asset from which he expected, to get any considerable sum was an interest in a coal company in Taranaki, in which Malcolm held shares. The assignee said he would call another meeting when the adjudication of Malcolm as a bankrupt went through. At present he was merely a receiver. He understood a creditor had issued a warrant for Malcolm’s arrest, aiid that the, latter had gone to Australia.