Post by NZBC on Oct 29, 2014 21:08:01 GMT 12
A CHINESE ESTATE. Jim Wong, who started in the fruit business with a partner and a borrowed capital of £125, in February of 1913, and at the end of three months filed with debts amounting to £240, put hie failure down >to having to cut prices to compete with a business close by. Ho denied that he neglected 'his business or lost his money at gambling. Mr. Singer, who opposed the application on behalf of creditors, pointed out that the purpose of the last adjournment was to investigate a letter purporting to show that debtor had sent £100 to his father in China. Bankrupt claimed that ho had sent only £10, and the suggestion was that the letter had been tampered with for some ulterior purpose. Mr. Skelton, for bankrupt, said the letter had been submitted to a local resident who was interested in Chinese matters, and 'his opinion was that there was a strong suspicion that the letter had been interfered with. Mr. Singer: Can he read Ohinese? I am given to understand that the interpreter and very few Chinese even can read. Mr. Fieher: I do not think he can. Bankrupt stated .that lie gave his brother a cheque- for £10 to send to China, and his Honor remarked tlmt more information should be available. The application was adjourned to enable further inquiry to 'be made. BUSINESS FAILURES.
Auckland Star, Volume XLV, Issue 34, 9 February 1914, Page 5 paperspast.natlib.govt.nz/cgi-bin/paperspast?a=d&d=AS19140209.2.44&cl=search&srpos=57&e=-------100--1----0wong+opotiki--&st=1
Auckland Star, Volume XLV, Issue 34, 9 February 1914, Page 5 paperspast.natlib.govt.nz/cgi-bin/paperspast?a=d&d=AS19140209.2.44&cl=search&srpos=57&e=-------100--1----0wong+opotiki--&st=1