A Bankruptcy Case.

Star (Christchurch), Issue 4761, 29 September 1893, Page 1

A Bankruptcy Case.

TPer Press Association."! WELLINGTON, Sept. 28. The statement of assets and liabilities in the estate of Alfred J. Kirk, of Hawera, who was arrested in Auckland on the eve of his departure for San Francisco, shows that the debts, all unsecured, amount to ,£1498, the total assets being .£728. The larges. creditors are : — J. Nathan and Co., Wellington, _8649; Cock and Co., Nelson, -6200; Anderson and Co., Dunedin, _£90; David Hay, Oamaru, J. 158 j J. E.itchen and Co., Wellington, .£49 ; Castendyk and Co., Wellington, .640; Hogan and Co., Wanganui, £o0 ; A.H. Nathan, Auckland, _£46. The bankrupt was examined privately by the Official Assignee. He said that about May 17 ho sold out hia bakery business, plant and stack at Hawera for _£947. The proceeds, leEB commission, were paid into his bank, where he bad an overdraft of _£250. On July Bhe returned to business at Hawera as a grocer, purchasing a place for £300, of which he paid £50 deposit. About August 29, as he Tailed to complete his purcliase, he forfeited his deposit, and had to quit the premises. He then Bold off his stock to Sutton for £300, collected £30, and set out for Auokland. He was stopped at Midhurst by a creditor named Connell, whom he satisfied by a payment ou account. Then he went on to Auckland, where he was arreet-d. The bankrupt declares hia book debt, to ba worth £300. The amount of cash in the hands of the Official Assignee is £280.