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MEETING OF CREDITORS.

I" The meeting of creditors in the estate ot i John Chirnside, of Balclutha, labourer, a bank- •, rupt, -called for Friday afternoon, lapsed for , want of a quorum, no creditors attending. The statement , submitted by the bankrupt showed the total debts to unsecured creditors ' to be £105 9s 6d; to secured, £40 ss; estimated - value of security (assignment of life policy), £40 ss; assets, consisting of furniture, £15^ [ The principal unsecured creditors were: — G-. . F. Mitchell, £20; H. M'Lepd^.. £10, ss;, A. ' Davidson (Dunedrn), £11 ; .John "Anderson, £9 ; i Miss Dunne, £7;. G. Hutchings, £S;C. H". j Wood, £5 11s 6d. Secured, D. Wood, £40 ss. The bankrupt attributed his position to 'the fact of having, contracted debts as far back as 1887, which he had not been able to . liquidate, and to sickness in. his familyfor several years. 1 He "was compelled -to file owing' to- extremo ! steps that had been taken by one creditor. He was married and had eight children, five of ' whom he had to support. The meeting w&» ; adjourned sine die.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OW18991123.2.54

Bibliographic details

Otago Witness, Issue 2385, 23 November 1899, Page 13

Word Count
179

MEETING OF CREDITORS. Otago Witness, Issue 2385, 23 November 1899, Page 13

MEETING OF CREDITORS. Otago Witness, Issue 2385, 23 November 1899, Page 13