A LIQUIDATOR’S FEES
BIG CLAIM DISPUTED AFFAIRS OF BANKRUPT ESTATE. [ Per Press Association. ] AUCKLAND, March 4. The Supreme Court was asked by creditors in a business to assess the remuneration of the liquidator, but his solicitor (Mr Gould) said that ho was in a difficult position as his client had not been seen since Wednesday. He had not been home nor at his office. His Honour: “Has he got the £3501” Mr Towle (for the creditors): “Yes; he has got the money.” Air Gould said that a neighbour of the missing man stated that he had been suffering from an illness contracted in Egypt. Mr Towle said that tho liquidator had made a claim for £350 for remunertion. The creditors contended that the amuont was far in excess of that deserved. A dividend of 12s 6d in the £1 had been paid, and the liquidator retained £350. He had merely acted as book-keeper, and had signed cheques. Mr Gould said it would be disputed that the liquidator had been merely a book-keeper. His Honour adjourned the case till Wednesday next to obtain a report by a public accountant.
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https://paperspast.natlib.govt.nz/newspapers/WC19270305.2.86
Bibliographic details
Wanganui Chronicle, Volume LXXXIII, Issue 19783, 5 March 1927, Page 8
Word Count
188A LIQUIDATOR’S FEES Wanganui Chronicle, Volume LXXXIII, Issue 19783, 5 March 1927, Page 8
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