The Accountant Volume 1

The Accountant Volume 1

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1875 edition. Excerpt: ...In Re Lbwis Stewart.---The debtor, a merchant and East India agent, carrying on business in St. Mary Axe, has filed a petition for liquidation, with debts 76,000 (a large portion of which would appear to be fully covered), with assets about 17,000. Mr. J. W. Jones (Nicholson, Nicol, and Son), now appliod, with the concurrence of creditors, that Mr. J. Smith, accountant (Harding, Whiuney, and Co ), should bo appointed receiver. The evidence showed that the assets consisted for the most part of debts duo to the petitioner from persons in India, and of shipments of goods in respect of which remittances were arriving. His Honour granted the application. June 29. (Before Mr. Registrar Keene.) In Re M'artbcr And Co.--The debtor in this case, William M'Arthur, who traded at Greenwich and Millwall and Cannonstreet as an ironfounder and merchant, appliod to the Court to register a series of resolutions by which his creditors had determined to wind up his ostato under tho liquidation clauses of the Act and not in bankruptcy, and appointing a committee of inspection with a trustee. From the accounts filed it appeared that the liabilities unsecured amounted to 150,370, as against assets to the amount of 3,503 8s. A claim is set down against the Iowa Pacific Railway Company for 32,017, but there is no estimated value in the accounts in respect to that claim. Messrs. Elmslie and Co. applied on the part of the debtor, but it appearing that out of 60 creditors no less than 29 had not been served with notice of the first meeting, His Honour absolutely declined to entertain the application, observing that if they had been served with notice it was quite possible that thoy might havo attendod the meeting, and influenced the...
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Product details

  • Paperback
  • 189 x 246 x 42mm | 1,465g
  • United States
  • English
  • black & white illustrations
  • 1236876318
  • 9781236876317