BOOTMAKER’S BANKRUPTCY
Only one creditor was represented when John Patrick Maloney, boot repairer, attended to met his creditors to-dav, Mr. L. T. Burna'rd representing Mr, Toncvcliffc, owner of the premises, who was also present. Bankrupt’s statement already has been published. Bankrupt, in reply to the DeputyOfficial Assignee, Mr. 0. Blackburn, stated that he had carried on for 31 years, and he had usually managed to pay his way. He had not had a great deal of Jus own cash in the business. He was a married man.
The D.O.A. remarked that it appeared as though bankrupt had provided himself with too much plant. Bankrupt stated that at one time he was doing a considerable amount of repair work, but this hail dwindled to .18 pairs of boots a week. Referring to a loan of £1(50, he said lie had paid nothing back. The loan was made on a verbal agreement,
, The D.0.A.; That is very nice these days.
Bankrupt added after a garage had moved its place of business lie lost most of his regular customers. The meeting was then adjourned.
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https://paperspast.natlib.govt.nz/newspapers/PBH19280222.2.41
Bibliographic details
Poverty Bay Herald, Volume LIV, Issue 16580, 22 February 1928, Page 5
Word Count
181BOOTMAKER’S BANKRUPTCY Poverty Bay Herald, Volume LIV, Issue 16580, 22 February 1928, Page 5
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