CREDITORS WILL BE PAID IN FULL.
(Special to the “Star.”) WELLINGTON, March 21. Surprise and pleasure was expressed at a meeting of the creditors of Albert William Robson, a restaurant proprietor, held to-day, when it was announced that creditors would be paid in full. Bankrupt said his reason for filing was the hot weather, which had injuriously affected his business and the price of potatoes. The amount owing to secured creditors was £985. and to unsecured creditors £lßl Is lid. Assets were £lls. The Official Assignee (Mr Tanslev) announced that the business would pay creditors 20s in the £. and there would be a surplus to bankrupt. The meeting was adjourned sine die.
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Bibliographic details
Star (Christchurch), Issue 18418, 21 March 1928, Page 4
Word Count
112CREDITORS WILL BE PAID IN FULL. Star (Christchurch), Issue 18418, 21 March 1928, Page 4
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