NEW INSOLVENTS.
FIRST HEARINGS FIXED FOR 2ND OCTOBER,
Horace Bastings and Edgar Bastings, hotel and storekeepers, Dunedin. Liabilities, L 4576 12s 2d; assets, amount of good debts due the petitioners, L 351 lls Id; value of real and personal estate, L 3650. Total, L4OOI 11s 8d; deficiency, L 575 Is Id. Causes of insolvency — depreciation in the value of real property, depression in business, los 3 upon ventures at liokitika, and inability to realise upon buildings erected there. Wilson, Kids ton
and Stamper, solicitors.
Thomas Reynolds, jun., settler, Peninsula district. Liaoilities, including mortgages, L7Oll 193 4d : assets, good debts due to the petitioner, L 65;6 5; real and personal estate, L 7900. Total assets, L 796 5; showing a surplus of L 953 Os Bd. Causes of insolvency — depreciation in the value of real property and inability to sell the same, losses on the sale of cattle, pressure of creditors, one of whom has caused petitioner to be served with a copy writ under bills of exchange ; action for an overdue acceptance for L 65, given by the petitioner to Alexander Cumming and Co; and a desire that his estate should be realised for the benefit of all his creditors. Howorth, Barton and Howorth, solicitors.
Thomas Leabmont, of Invercargill. Debts, L 973 10s; assets (real and personal estate) L 27;2 7; deficiency, L 946 10s. Cause of insolvency — the fact of his having in May last entered into a composition, with his creditors, who accepted 12s 6d in the pound, and for the balance due ta them respectively he gave his acceptances, which he was unable to pay, in consequence of the falling off in his business as a storekeeper. M. V. Hodge, solicitor, Dunedin.
William Tbeadgold Kisby, storekeeper, Hampden. Debts, L 487 12s 3d ; assets doubtful ; debts, L 129 2s 3d ; real and personal estate, L 350; total, L 479 2s 3d; deficiency, L 8 10s. Causes of insolvency — the falling off in his business as a storekeeper, his inability to get in large sums of money owing him, and in consequence of one of his creditors having issued a writ against him.
NEW INSOLVENTS.
Otago Witness, Issue 714, 5 August 1865, Page 9
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