Post by NZBC on Jun 23, 2011 21:08:44 GMT 12
A CHINESE BANKRUPT
FLAXMILLER AND GROCER.
(By Telegraph & Press Association.)
AUCKLAND, This Day. The ups and downs of a Chinese flaxmiller, Shack Horne, were investigated this morning by the Official Assignee. The schedule showed a £920 deficiency. In the course of bankrupt's statement, he said that he was aged 60, and that his son had served in the Third Reinforcements. In 1908 he returned to China with his wife and family, and lived there for eight years. In 1917 he took over an abandoned flaxmill at Hokianga, and owing to good prices at one stage was worth £2400. Owing to the loss of a large quantity of flax on a sunken pontoon and the drop in prices ho found in 1921 it was impossible to carry on for want of capital. In May, 1921, he took up missionary work in Auckland. His first wife died in China, leaving six children, and he married again, but in 1925 his second wife took out divorce proceedings, of which the bankrupt said he did not know the result. In a second statement bankrupt gave details of a grocery business in which he subsequently was partner in Ohakune. The Official Assignee warned the bankrupt not to go to China again until inquiries were made at Ohakune, as there might be another meeting.
Evening Post, Volume CXII, Issue 110, 5 November 1926, Page 3
FLAXMILLER AND GROCER.
(By Telegraph & Press Association.)
AUCKLAND, This Day. The ups and downs of a Chinese flaxmiller, Shack Horne, were investigated this morning by the Official Assignee. The schedule showed a £920 deficiency. In the course of bankrupt's statement, he said that he was aged 60, and that his son had served in the Third Reinforcements. In 1908 he returned to China with his wife and family, and lived there for eight years. In 1917 he took over an abandoned flaxmill at Hokianga, and owing to good prices at one stage was worth £2400. Owing to the loss of a large quantity of flax on a sunken pontoon and the drop in prices ho found in 1921 it was impossible to carry on for want of capital. In May, 1921, he took up missionary work in Auckland. His first wife died in China, leaving six children, and he married again, but in 1925 his second wife took out divorce proceedings, of which the bankrupt said he did not know the result. In a second statement bankrupt gave details of a grocery business in which he subsequently was partner in Ohakune. The Official Assignee warned the bankrupt not to go to China again until inquiries were made at Ohakune, as there might be another meeting.
Evening Post, Volume CXII, Issue 110, 5 November 1926, Page 3