58
Dr.
TABLE XXIII
OFFICIAL RECEIVER (IN BANKRUPTCY) ACCOUNT
STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31ST MARCH, 1961
RECEIPTS
To Balance as at 1st April, 1960:
Cash at Bank
Cash in Hand
บ
A
By Payments to Creditors:
$344,709,32
89.98 $344,799,30 1,200.00 1,447,293.57 24,218.26 10,000.00
11
P
Wy
Creditors' Deposits for preliminary expenses Realizations of assets of bankrupt estates Interest on fixed deposits and bank account... Fixed Deposits cashed
$1,827,511.13
PAYMENTS
Preferential creditors
Dividends to creditors
Expenses of administration of bankrupt estates Unclaimed funds and dividends transferred to Bank-
ruptcy Estates Account Official Receiver's Fees
---
Paid into Treasury, being Official Receiver's costs re-
covered in previous years
Cr.
$106,696.50
731,924.46 $ 838,620.96
83,613.29
5,867.76
57,944.90
870.00
11
7,805.87
19
Released to Debtors
136.41
Interest Tax
50
187.50
Placed on Fixed Deposits
482,000,00
"
Balances as at 31st March, 1961:
Cash at Bank Cash in Hand
$350,370.29 94.15
350,464.44
$1,627,511,13
Refunds of Deposits and interest thereon
STATEMENT OF ASSETS AND LIABILITIES AS AT 31ST MARCH, 1961
LIABILITIES
ASSETS
Creditors' Deposits for Preliminary expenses
Less expenses paid therefrom
$3,700.00 199.20
$ 3,500,80
Fixed Deposits Advance Accounts
---
Wages and gratuity held for an ex-employee of Gin Nih
Weaving Factory
Unclaimed dividends
Undistributed assets of bankrupt estates
94.93 2,699.16 1,376,176.79
Balances as at 31st March, 1961:
Cash at Bank Cash in Hand
$1,382,471.68
$1,031,900.00 107.24
$350,370.29 94.15
350,464.44
Note:
The above Statement includes only such assets of Bankrupt Estates as have been realized.
W. K. THOMSON, Registrar General, (Official Receiver), CERTIFICATE OF THE DIRECTOR OF AUDIT
6th September, 1961. The above Statement of Assets and Liabilities and the accompanying Statement of Receipts and Payments have been examined in accordance with Colonial Regulation 257. I have obtained all the information and explanations that I have required. and I certify, as a result of this audit, that in my opinion the Statements are correct, AUDIT DEPARTMENT,
Hong Kong, 20th September, 1961.
P. K. BOND,
Acting Director of Audit.
$1,382,471.68