COMMERCIAL.
' The following statement has been filed in the > estate of Fred. Trent, merchant, Christchurc.i, ; trading under the name of Trent Bros.: — Lit- , bilities — Unsecured creditors £11,037 10s Id, ■' secured creditors £5327 19s 7d; estimated value of securities £4631 19s 2d, deficiency £696 0s sd; total debts, £11,733 10s 6d. Assets—Stock-in-trade pt store and in bond £3400, book debts i £1675, estimated to produce £1425 ; cash m hand and interest account Bank of Wow Zeaand £131 73 2d, bills receivable to mature £2GG 18s 2d, plant £400, furniture in excess of £25, £475; total assets, £6398 5s 4d; deficiency m ' estate, £5335 5s 2d. — Secured creditor — Bank of New Zealand, Christchurch, £5327 19s 7d; esi timatcd value of security, £4031 19s 2d. Real estate — Part of town sections Nos. 260 and 262, Durham and Worcester streets, 99 x 97, Christchurch ; amount of debt, £1550, subject I to an annuity of £120 per annum in favour of | Alfred Trent, also subject to memorandum of : mortgage to the Bank of New Zealand. , The Agent-general cabled to the Department of Agriculture that the current price of hemp ' is £22 nominal ; Manila is expected to imr^rove, and New Zealand is reviving.
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Bibliographic details
Otago Witness, Volume 25, Issue 2321, 25 August 1898, Page 30
Word Count
197COMMERCIAL. Otago Witness, Volume 25, Issue 2321, 25 August 1898, Page 30
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