A LEVANTING DEBTOR.
♦ — (By Telegraph.) Wellington, March 22. At a mecting'of tho creditors of Jas. Smith, late landlord of the Post Office Hotel, it was said tho debts amounted to £GCO. Hiloy complained that after he took possession of tho hotel, Smith removed about £300 worth of silvor, liquor, etc., from the place. 3he. Official Assignee reported that there were a number of bills m tho National Bank, and he had given notice to the manager that they were claimed on behalf of tho creditors. There was a draft on London for £500, and if tho creditors gave him (tho Official Assignee) authority to stop acceptance of the draft, which was issued by Messrs Levin and Co., he would cable Home to prevent payment. Mrs Smith had a cheque for £500, and it was for tho creditors to say whether anything should bo dono with regard to that. The Official Assignee stated that Smith must have taken about £500 to Great Britain. Mr Bitey said he had the beat authority for
stating that Smith must havo taken away | £4000 or £5000. At the suggestion of tho Official Assignee, it was decided to adjonrn tho mooting until thiß day week. The Official Assignee promised to despatch a cablegram to England at once, stopping tho acceptance of the draft for £500.
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Bibliographic details
Timaru Herald, Volume XLIII, Issue 3581, 23 March 1886, Page 3
Word Count
219A LEVANTING DEBTOR. Timaru Herald, Volume XLIII, Issue 3581, 23 March 1886, Page 3
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