AXEMEN’S CARNIVAL.
PROMOTER INSOLVENT. Ey Tel p" v,i nti—Press Association. WELLINGTON, October 7. A meeting of -creditors in the bankrupt estate of Edward Menthan, formerly of Taibape, lapsed for want of a quorum. Tho amount owing to unsecured creditors, nearly all of Taihnpo. was ■shown as £234 4s 6d. The assets were estimated at £IOO. In a sworn staleinent, the bankrupt said he had promoted an axemen s carnival at Newtown Park. Sixty competitors took part. The takings were £490. The expenses were heavy. The matter of £6OO in prize money was owing. He, »Jiad explained his position to competitors after the carnival, and they had passed a resolution leaving it to him to do the best lie could to square matters up Tho prize money was not included in the liabilities, because under tiie (filming: Act it ■ was not legally recoverable. Ho was at present working as a building labourer and was unable to make anv offer.
The Assignee adjourned tho meeting Lno die.
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https://paperspast.natlib.govt.nz/newspapers/THD19271008.2.128
Bibliographic details
Timaru Herald, Volume CXXV, Issue 17773, 8 October 1927, Page 19
Word Count
165AXEMEN’S CARNIVAL. Timaru Herald, Volume CXXV, Issue 17773, 8 October 1927, Page 19
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