THE BANKRUPTCY ACT.

Otago Witness, Issue 1917, 17 August 1888, Page 19

THE BANKRUPTCY ACT.

Re R. Scobie.

The statement of asset 3 and liabilities filed in the estate of Robert Scobie, of Clinton, storekeeper, is to the following effect : -Liabilities to unsecured creditors, JC574 5s 4d ; liabilities to secured creditors, £1546 (Ipss estimated value of securities, £1799). Assets: Stock-in-trade at Clinton, £501 14s 3d; book debts, £1058 Ms Id, estimated to produce £100 ; iurniture, £75;— total, £676 14s 3d. The principal unsecured creditors are:- W. Gregg and Co., £148 193 8d ; National Bank, £67 15s 3d ; W. Guthrie and Co. (Invercargill). £5W 2s 7d ; T. Low and Co., £55 7b 7d ; Fitchett and Thornton, £51 ; W. G. Neill, £18 7s 2d; Nelson, Mot\t>\ and Co., £39 7s 2d; C. Hedpath (Clinton), £1(5 14s 7d ; J. and W. Sheddan (Waiwera). £3L 10s; Clutha Leader, £9 7s; Kempth me, Prosser, and Co., £7 12s sd ; Dr Smith (Balclutha). £7 78. 'the secured creditors are:— The Otngo and Southland Invesiment Company, £627 15s (secured by mortgage over section 8, block X, town of Clinton, with dwelling house thereon, and over section 9, block X, Clinton, with utove and stable thereon—estimated value of security, £1150) ; National Bank, £400 (guaranteed by Butterwoith Bros.); Buttcrworth Bros., £718 15s (security, covering guaranteed overdraft to the bank and general indebtedness, consisting of mortgage over 14 sections in the town ot Clinton, and a second mortgage over section 2, block IX, Balclutha- estimated value of security, £424); Clutha Building Society. £100 (secured by mortgage over section 2, block IX, Balclutha-estimated value of security, £225). He A. Mark. The statement filed in the estate of Alexander Mark of Burnside, fellmonger, is to the following effect:— Liabilities to unsecured creditors, £289 11s lid ; liabilities to secured creditors, £320 (less estimated value of securitiea, £390 6s 10J). Assets: Stock-in-trade at Burnside, Bhipped to England throngh the Mutual Agency Company, estimated at £290 ; book debts. £2 16s 9d : furniture, £1 ; surplus from securities in the hands of secured creditor, £76 6s lOd ;— total assets, £373 3s 7d. The principal unsecured creditors are— National Bank (for rent), aUmt£9B; E. Rishworth (North-Wast Valley), £79 4s 6d; D. M'Kinnon (Burnside). £20 14s 2d ; J Lindsay (Green Island), £11; A. Bathgate, £10 ss; .1. Scott (Look-out Point), £10 17s 6d ; A. Harrison (Abbotsford). £8; Kempthorne, Prosser, and Co., £C> 18s 7d; Neill and Co. (Limited), £7 (disputed). The secured creditor is Francis Fulton, £320, whose security is valued at £.396 6s lOd.