BANKRUPT IN TROUBLE
SALE OF RESTAURANT TO BE EXAMINED BY COURT Press Association WELLINGTON, Today. Facts regarding the sale of a restaurant by Velimir Lingula, a bankrupt, were not made sufficiently clear to satisfy his creditors at the adjourned meeting in Bingula’s estate, and a resolution was passed that the official assignee, Mr. S. Tansley, should tak« such steps as he thinks fit to have persons who can give evidence concerning the sale of bankrupt’s business examined before a magistrate under Section 92 of the Act. The deed stated that the business was sold for £l5O, bu: evidence taken yesterday was to the effect that tht* real price was £350. It was alleged that money changed hands after the transfer. A further motion opposing bank* rupt’s discharge until Jos in the £| had been paid was carried unani-
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/SUNAK19300531.2.44
Bibliographic details
Sun (Auckland), Volume IV, Issue 986, 31 May 1930, Page 5
Word Count
137BANKRUPT IN TROUBLE Sun (Auckland), Volume IV, Issue 986, 31 May 1930, Page 5
Using This Item
Stuff Ltd is the copyright owner for the Sun (Auckland). You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in