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DISCHARGE GRANTED

BANKRUPT BOATBUILDER AN AUCKLAND LANDMARK [ Per Press Association, j AUCKLAND, March 30. Despite opposition by counsel for the petitioning creditors, Charles Bailey (junior), a boatbuilder of Auckland, was granted his discharge from bankruptcy, by Air Justice Blair, at the sitting of the Bankruptcy Court this morning. . It was explained by Air Inder, who supported the application, that Bailey \s trouble was over a large contract with he Tongan Government, for which he built the steamer “Hifofoa.” A loss was made on the contract, owing to the non arrival of machinery ami failure of certain payments.

His Honour observed that the Bailey shipbuilding yards were a landmark of Auckland. Everyone with a knowledge of Auckland knew the firm. After hearing both parties, the Judge said he saw no reason for refusing the application.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WC19280331.2.68

Bibliographic details

Wanganui Chronicle, Volume LXXXIII, Issue 20110, 31 March 1928, Page 8

Word Count
134

DISCHARGE GRANTED Wanganui Chronicle, Volume LXXXIII, Issue 20110, 31 March 1928, Page 8

DISCHARGE GRANTED Wanganui Chronicle, Volume LXXXIII, Issue 20110, 31 March 1928, Page 8