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ACCOUNTANT’S BANKRUPTCY

CREDITORS EYE INSURANCES, By Telegraph—Press Association. Wellington, Aug. o. A meeting of creditors in the bankrupt estate of Leonard Osborne Atkinson, public accountant, ■who was killed in a motor accident in January, was held to-day. It was stated that the total amount set down as owing to unsecured creditors was about £1758. The executor of the will stated that the balance of assets after disbursements was £126 12s Bd. A request was made for the fullest particulars regarding life insurance policies. The executor replied giving the details of five life insurance policies held by Atkinson, showing the total amount paid was £1904 6s 3d. Rumours that the insurance money totalled £3600 were absolute nonsense. It was decided to seek legal advice whether the creditors were entitled to anything of the insurance money. Mr. J. L. Arcus, one of those who had investigated the affairs of Atkinson, considered there was estate they had not yet been able to find. The meeting was adjourned sine die.

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https://paperspast.natlib.govt.nz/newspapers/TDN19290806.2.116

Bibliographic details

Taranaki Daily News, 6 August 1929, Page 13

Word Count
166

ACCOUNTANT’S BANKRUPTCY Taranaki Daily News, 6 August 1929, Page 13

ACCOUNTANT’S BANKRUPTCY Taranaki Daily News, 6 August 1929, Page 13

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