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IN BANKRUPTCY. Re Bknjamin and Jacobs.

A statement of assets and liabilities inthebankrupt J estate of H. Benjamin aud Co., financiers, of Mame j street, was lodged with the official assignee jester day afternoon ; and also a statement in the separate estate of Samuel Jaooba, tobacconist nud fanoy goods merohant, of Princes street. The statement of H. Benjamin and Co. showed tho firm's liabilities to be £7267 14s lid and the 4 assetß £11,953115, the estate showing an apparent surplus The assets consist of book debts, £9714 (estimated to produce £7000) ; cash in hand. £7 5 furniture in office, £100 ; surplus from securities in the hands of secured oreditors, £4846 11s ;— total estimated value of assets, £11,953118. The unsecured oreditors are as follow t—uouia, Beaumont, and Co. (Ohristohuroh), financiers, £3300 ; New Zealand Loan and Mercantile Agency Company, £16 ss; New Zealand Insurance Company, £4fis; George Bell, £40 145 ; New Zealand Mutual Creditors Association, £2 2s ; M Marks (London), gentleman, £2950; B T Wheeler and Co., £3 3s ; Haggltt Bros, and Brent, £6 3s ; George Harrington (Mornington) £415 8s 6d; J A Park aud Co., £3 7s; Commercial Property and Finance Company, £26 2s 9d ; Dunedin and Suburban Tramway Company, £15 ; Hicks and Arnold, £215; South British Insurance Company, £38; Job Wain, £112; Alexander Bathgate, £95; Onxton Printing Company, £3 15s; Otago Daily Times, £8; Evening Herald, £10; TO Russell (Christohurch), £6 6s; M'Olatohie and Co. (Ohrhtohurch), ooal merchants, £10 4s;— total, £7267 Tho secured creditors are the Bank of New South Wales and the Bank of Australasia. The amount of the former's debt Is £3672 165, and the securities are as follow:— Promissory notes, with relative securities, £5702 11s lOd; Melbourne property, £1200; other properties and shares, £1036 Us 6d ; overdue promissory notes, £145 12s 6d; -total amount of securities, £8084 15s lOd. The Bank of * ustralasia s debt amounts to £2001 8s 6d, and their security (consisting of a mortgage over 142J acres of freehold land at Tuturau, Southland) is valued at £2436 0s sd. S. Jacobs. The leparate estate of Samuel Jacobs shows his debts to be £1486 10s 6<i and his assets £4702 14s 10U, there being a surplus of £«16 4s 4d. The assets are as follow :-Stock-in-trade, £4000; book debts, £344 13s Id (estimated to produce £317' 7s 9d); cash in hand, £30 12s 8d; surplus from securities in the hands of secured oreditors. £854 14s < sd ; - total, £4702 14s lOd. The unsecured creditors are I— P Hayman and Uo, ' £540 13s lid; D Benjamin and Co, £204 0s 4d;, Uothsohild, Jacob, and Co, £122 17b 3d; Sargood,, Son, and Ewen, £98 4s sd ; Nelll and Co (Limited),, £48 4b 6d ; Butler Bros, £3 5s 9d ; M Harris and Son (Ohristohurch), £« 18s 4d ; L Mendelsohn, £13 10b ; , H Hudson, £6 15s; H Neill, £1 3s ; H' S Fish, £1 10s 6d; Anderson and Morrison, £2 14s 3d; Otago Daily Times, £M 9s;' Evening Star, £20 Is; Tramway Company, £10 ; i G and J A Cook, £5 6s ; Dr Ooughtrey, £2 lla ; Sow j Hoy, l«s 6d ; A R Livingston, £3 19s 6d ; Evening 1 Hernld. £4 6s 8d ; Mount Ida Chronicle, £4 ; Otago Workman, £2; John Shaw and Co, £99 18s; J 1 M'Arthur, £J 19s 3d ; Colonial Mutual Life Insurance Company, rent, £24 ; Supreme Gold Milling Company. Heefton, £3 165 ; Rescue Hydraulic Sluioine Company, £4 13s 9d ; Dr Fergusson, £5 ss ; City Corporation, £208 13b 7d;-total, £1486 10s 6d. Theiolli.wing are the secured creditors :— Soottiaii and New Zealand Investment Company, amount of debt, £1504 0* 7d ; estimated value of security (consisting of a mortgage over leasehold property, section 32, block VI, Princes street). £2000 ; Colonial Investment Company, amount of ,dobt, £1141 os ; estimated value of leourlty (consisting of a mortgage over freehold land at One Tree Point), £1000 ; Union Bank ofj Australia, amount /of debt, £«5 Is 6d (estimated value of security, 465 Is 6d). The total secured debts amount to £2710 7s Id ; and the total estimated value of the securities is £3065 laid. •■

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OW18900703.2.9

Bibliographic details

Otago Witness, Issue 1900, 3 July 1890, Page 5

Word Count
671

IN BANKRUPTCY. Re Bknjamin and Jacobs. Otago Witness, Issue 1900, 3 July 1890, Page 5

IN BANKRUPTCY. Re Bknjamin and Jacobs. Otago Witness, Issue 1900, 3 July 1890, Page 5

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