BANKRUPTCY.
The first meeting of the creditors of William Barton Reid, cab-driver, was held at the courthouse, Te Awamutu, on Wednesday afternoon. There were four creditors present. Mr H. Y. Collins appeared on behalf of the bankrupt. A statement was read by the deputy official assignee, which showed the liabilities of bankrupt amounted to about £too, and assets nil.
The majority of the debts were contracted prior to bankrupt coming to Te'Awamutu. The bankrupt was examined at length as to his past and present position. He attributed his present position to bad luck and illness. He was unable to make any offer to his creditors. Mr S. C. Barnott (Ohaupo) moved that no action be taken against the bankrupt, and that his discharge be facilitated in every way. The motion was seconded by Mr Bailey and carried.
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Waipa Post, Volume VI, Issue 264, 14 November 1913, Page 2
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137BANKRUPTCY. Waipa Post, Volume VI, Issue 264, 14 November 1913, Page 2
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