BANKRUPTS IN TROUBLE.

Colonist, Volume LI, Issue 12469, 19 February 1909, Page 3

BANKRUPTS IN TROUBLE.

[Uniteb Press Association.] Palmerston North, Feb 18. _^ Albert Robert Musgrbve. and Albert Thompson, stock dealers;"o'f Feilding, Trrra tried at the SupremeiCourt today for. breaches of the Bankruptcj/ Act, the most serious. of: which was of obtaining credit by false balance sheets Musgroye ,was found .guilty of npt keeping proper rbo'pks ; .'. of > incurring debts , without reasbnable : ; groiis.d»? of expectation of bfeing>ble ? to^paylitlaem.' and rash speculation^ : j*- r and>xhomjps6n, of .failing to keep propferjbooks. JBoth we're acquitted on the'jiHore- seirious charge. They will b>.Jsentencevd^tomorrow, . H ■■';.::*- . /