NEW INSOLVENTS.
FIKST HEARINGS FIXED FOE THE 2>*D OCT.
John Angus, storekeeper, Queenstown,. Debts admitted, L 1566 16s lOd ; disputed, L6O: total, L 1626 16s lOd. Assets — good debts, L 22 12s Id ; real and personal estate, LU3O 15s 8d: total, L11537s 9d. Deficiency, L 473 9s Id. Causes of insolvency : Losseu iv trade, caused by the Picton and Hokitika rushes ; by the wreck of a vessel called the Struggler on a voyage from Invercargill to Hokitika, with uninsured goods on board, belonging to the petitioner ; pressure of creditors ; the issue of a writ ; and losses upon mining share 3 at the Shotover. Smith and Dempsey, solicitors. Richard William Sueppebd, publican, Dunedin. Debts, L 405 2s lid. Assets — good debts, L2B ; real and personal estate, L 155 : total, LlB3. Deficiency, L 222 2s lid. Causes of insolvency : Depression in business ; bad debts ; the falling off in the takings at the Supreme Court Hotel, for which he has to pay the rent of L 4 per week ; pressure of the Bank of New South Wales for payment of an overdue acceptance of L 33 Bs, which he is unable to meet from the aforesaid causes ; and from a general inability to meet his engagements. E. F. Ward, solicitor. FISST HEAEING FIXED FOX OCTOBER 14TH. Coopeb Seaele, schoolmaster, Invercargill. Debts, L 435 11s 9d; assets, L9O: deficiency, L 345 lls 9d. Causes of insolvency : Loss of profits from the withdrawal of boarders and other pupils, owing to the depression of the times, parents being unable to afford to keep their boys at school; inability to meet liabilities incurred on account of his school; pressure of creditors, and threat and fear of arrest.
NEW INSOLVENTS.
Otago Witness, Issue 715, 12 August 1865, Page 14
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