A FARMER’S FAILURE.
MEETING OF'CREDITORS. A meeting of the creditors of Edward E. Ayrton, a farmer of Clydevale, was held on Friday in the office of the Official Assignee in Bankruptcy (Mr W. D. Wallace). The bankrupt’s total debts were set down at £954 3s lid, including £361 3s lid to unsecured creditors. The surplus from securities in the hands of creditors totalled £193 16s, leaving a deficiency of £770 ’7s lid. James Wyllie. a Sefton farmer, *as the only secured creditor, the sum of £1206 4s owing to him being covered by securities to the amount, of £l4OO. The largest debt faced bv the bankrupt was that of £603, being six months’ rent from February 3 to August 3. 1927, due to James Wyllie. The principal unsecured creditors were: John Chambers, Ltd. (Dunedin), £55; Massey, Harris, and Co. (Dunedin), £5l; Booth, MacDonald, and Co. (Christchurch), £l4 Ils 9d; Dr Biggs (Balclutha). £lO 10s; Dr Brown (Balelutha), £l2 12s; W. 11. Simms and Sons (Christchurch), £l5 12s 4d ; Clvtha County Council, | £132 3s lid; S R. Stedman (Dunedin), £lO 9s sd. I Mr A. N. Haggitt represented the bnnlcIrnpt and Mr E. A, Duncan appeared for the - creditor, Wyllie.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/OW19270726.2.92
Bibliographic details
Otago Witness, Issue 3828, 26 July 1927, Page 20
Word Count
199A FARMER’S FAILURE. Otago Witness, Issue 3828, 26 July 1927, Page 20
Using This Item
Allied Press Ltd is the copyright owner for the Otago Witness. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence. This newspaper is not available for commercial use without the consent of Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in