Appendix G (1).
REPORT OF THE OFFICIAL RECEIVER AND
REGISTRAR OF TRADE MARKS AND
PATENTS FOR THE YEAR 1936.
BANKRUPTCY
AND
COMPANIES WINDING-UP.
New Business.
Thirteen petitions in bankruptcy were presented during the year, twelve by creditors and one by a debtor, as against a total of fourteen petitions in the previous year.
2. In companies winding-up three petitions were filed. Of these one was dismissed, and in the remaining two cases compulsory winding-up orders were made.
In the previous year eight petitions were filed, of which one was dismissed, one lapsed owing to failure to comply with statutory requirements, and in the remaining five cases compulsory orders were made.
3. The total assets brought to credit during the year under review amounted to $682,737.70. The total amount of assets paid out amounted to $548,354.22. These figures, which include both bankruptcies and companies liquidations, show a very substantial increase on comparison with the figures for the year 1935. The liabilities as estimated by debtors in cases where the petitions were presented during the year 1936, amounted to $1,588,587.96. A table of comparison appears overleaf.
4. One salaried employee filed a petition in bankruptcy during the year as compared with four in the year 1935. Other failures for the year under review included a Chinese medicine firm, a rice firm, an imports and exports firm, a silk store, a native bank, a pawnshop, an engineering firm, a printing firm, a former bank compradore, and three employees.
Appendix G (1).
REPORT OF THE OFFICIAL RECEIVER AND
REGISTRAR OF TRADE MARKS AND
PATENTS FOR THE YEAR 1936.
BANKRUPTCY
AND
COMPANIES WINDING-UP.
New Business.
Thirteen petitions in bankruptcy were presented during the year, twelve by creditors and one by a debtor, as against a total of fourteen petitions in the previous year.
2. In companies winding-up three petitions were filed. Of these one was dismissed, and in the remaining two cases com- pulsory winding-up orders were made.
In the previous year eight petitions were filed, of which one was dismissed, one lapsed owing to failure to comply with statutory requirements, and in the remaining five cases com- pulsory orders were made.
3. The total assets brought to credit during the year under review amounted to $682,737.70. The total amount of assets paid out amounted to $548,354.22. These figures which include. both bankruptcies and companies liquidations, show a very sub- stantial increase on comparison with the figures for the year 1935. The liabilities as estimated by debtors in cases where the petitions were presented during the year 1936, amounted to $1,588,587.96. A table of comparison appears overleaf.
4. One salaried employee filed a petition in bankruptcy during the year as compared with four in the year 1935. Other failures for the year under review included a Chinese medicine firm, a rice firm, an imports and exports firm, a silk store, a native bank, a pawnshop; an engineering firm, a printing firm, a former bank compradore, and three employees.
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