INSOLVENT TRADERS
COMPULSORY BANKRUPTCY
«Per Press Association.; OHKISTGHURCH, this day. A discussion on insolvent traders look place at yesterday’s conference oi the New Zealand Federation of Master Plumbers. The subject was brought up in a remit introduced by Mr. W. J. Jenkins, one of tiie Dunedin delegates. The remit was that steps be taken to secure an amendment of the Bankruptcy Act to make it compulsory for any insolvent trader to file a petition in bankruptcy. "It seems to be doubtful what steps could, be taken," said the president, Mr. C. W. Oborn, who moved that the subject he referred to the executive to •act in conjunction with other associations. ■ ' Mr. ’E. G. Downrick said it would be a drastic action if a man who had been adjudged a bankrupt could bo debarred from entering into business again for some years. It ought to bo possible to judge a man to bo incompetent as a business man. He thought that they were too lax with sucfi men. Incompetent men in business were a menace. After some further discussion tho motion was carried.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/PBH19300215.2.29
Bibliographic details
Poverty Bay Herald, Volume LV, Issue 17185, 15 February 1930, Page 5
Word Count
182INSOLVENT TRADERS Poverty Bay Herald, Volume LV, Issue 17185, 15 February 1930, Page 5
Using This Item
The Gisborne Herald Company is the copyright owner for the Poverty Bay Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Gisborne Herald Company. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in