Bankruptcy Meeting.
A meeting in the estate of Mr B. Kimberley, lately adjudged a bankrupt, was held at the Courthouse, Greytown, yesterday afternoon. There were present—Messrs P. Cotter, sen., and jun., (1. Wyett, E. Gray, and Lowes. The Deputy Official Assignee read the following figures as showing the financial position Unsecured oreditors-P Cotter, sen. L 950, VV Udy LB7, Caselberg and Co. L 1,30, Lowes and loins L 202, T Walker L 7 14s, fc> Guigh Lit, G and C Wyett L 7 10s, E Gray L 24 18s, G Hollard LO'J 11M, Jus Mantra LlO3, Geo Stevens L 24 10s, it Bright L 7 10s, Veitch and Allan LG 10s, It B Armstrong LI 10s, A Elkina LlO, Hood and Shaw Li IDs, Terrv and Baillie Ll2, A Voting Lli 10s, Payton and Co. Li 17s, Sheep inspector Li I is, Peatherston Koad Board Lli. Total unsecured LI7LS 12s. Secured creditors-New Zealand Land M rtgaga Co, ostimuled value LISOU, aiumun "I dt bt LIOOO. Bank of New Zealand, amount of debt Lius PJs. W and G Turnbull and Go. e.-tiin .ted value Ll >O, amount of del l LlOd3. G and G V-, veil, estimated value LIOO, am lUiu if debt L3UO. Beal Estate -estnntied value LI9OO. The debtor stated that his reason for filing w.iS .in' fall in price of sheep and wool since lie had Hie property, the late brd season and I' siii.' p : there were also other losses. G-..; 1-0 S It P s.iio; lea.lv owing to 111.' otyiaisi of in- l.'.'uw. lie oad no offer to Af-cr sever d qui-s|.unia had boon asked, the nro.iitom pieseat resolved that us there wore no ass ts, the estate should no realised nr soon as possible. That the mortgagees he allowed to retain the mid, as it wra consi ieied th d it was mortgaged to its (n'i value, ana so save further expenses in connection with it. That the debtor’s discharge recommended at the next sitting of the Bankruptcy Court,
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Bibliographic details
Wairarapa Standard, Volume XX, Issue 2055, 15 April 1887, Page 2
Word Count
334Bankruptcy Meeting. Wairarapa Standard, Volume XX, Issue 2055, 15 April 1887, Page 2
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