CO129-263 - Acting Governor Barker Governor Sir Robinson - 1894 [5-8] — Page 125

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All AI Reviewed

I state, therefore, that in most cases the main object of bankruptcy proceedings is not to secure and manage the estate but to afford protection to the debtor. In proof of this assertion, I beg to place before Your Excellency the following figures.

Year Total Debts Proved Amount Received 1892 $566,951.98 $13,432 Received 1893 $388,130.92 $20,698 Received

Under New Ordinance A 20 of 1891.

Total Debts Proved Amount Received $40,832.30 $13,531.43 $16,879.94 $5,319.51 $4,813.54

It will be seen that if the amounts received in the estates are deducted from the total realized in the other estates, a very small proportion remains.

Estate Number of Petition Assets Bankrupt Creditor Scheduled Amount Received by Official Assignee A 17 $189,667.47 $16,142.00 B $349,661.46 $21,379.43 $25,899.18 C $57,675.50 D $958.46 $28,806.90 $5196.00 $699.42

Page ...

The total debts proved were $59,985.85, $112,353.40. Estate A, including $11,814 received, totalled $591,041.89; the assets have been realized in the estates A, B, and C.

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I state, therefore, that in most cases the main object of bankruptcy proceedings is not to secure and manage the estate but to afford protection to the debtor. In proof of this assertion, I beg to place before Your Excellency the following figures. Year Total Debts Proved Amount Received 1892 $566,951.98 $13,432 Received 1893 $388,130.92 $20,698 Received Under New Ordinance A 20 of 1891. Total Debts Proved Amount Received $40,832.30 $13,531.43 $16,879.94 $5,319.51 $4,813.54 It will be seen that if the amounts received in the estates are deducted from the total realized in the other estates, a very small proportion remains. Estate Number of Petition Assets Bankrupt Creditor Scheduled Amount Received by Official Assignee A 17 $189,667.47 $16,142.00 B $349,661.46 $21,379.43 $25,899.18 C $57,675.50 D $958.46 $28,806.90 $5196.00 $699.42 Page ... The total debts proved were $59,985.85, $112,353.40. Estate A, including $11,814 received, totalled $591,041.89; the assets have been realized in the estates A, B, and C.
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state therefore that in most the main object of cades bankruptcy proceedings is not to secure anna manage the estate but to afford protection and the debtor, in proof of this obtain immunity for assertion I beg to place before figures. Your Excellency the following otal debts proved. 59,985.85 566,951.98 112,353. 40 388,130.92 Ending A including $11,814 received $13,432 Acceived/ $20,698 received 1892 1893 26 འན 13 aw estate. one estate. stake. ave edh Under New Ordinance A 20 of 1891. 18 40,832.30 13,531.43 5772.50 16,879.94 5,319.51 4,813.54 it we be seen, if the amounts received in From these wom the total, are deducted realized in the other sades. what کار گیری و در very omall proportion 591,041.89 54,130.39. 122 the estater A, B and C the assets have been Muurber of Petition Bey By Masets Bankrupt Creditor scheduler Year filed APP P 17 1889 47 31 16 1890 28 12 16 1891 26 24 Amoun An unud received by Official As. by Afficial as- Rea 189.667.4716,142.00 where no schedule filed. 2,800.39 B 349,661.46 21,379.43 25,899.18 57.675.50 182,079.08 D 958.46 28,806.90 5196. 699.42 소소
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state therefore that in most

the main object of

cades

bankruptcy proceedings is not

to

secure

anna

manage

the

estate but to afford protection

and

the debtor, in proof of this

obtain immunity for

assertion I beg to place before

figures.

Your Excellency

the

following

otal debts proved.

59,985.85

566,951.98

112,353. 40

388,130.92

Ending

A including $11,814 received

$13,432 Acceived/ $20,698 received

1892

1893

26

འན

13

aw estate.

one estate.

stake.

ave edh

Under New Ordinance A 20 of 1891.

18

40,832.30

13,531.43

5772.50

16,879.94

5,319.51

4,813.54

it we

be seen, if the amounts received in

From these wom the total,

are deducted

realized in the other sades.

what

کار گیری و در

very omall proportion

591,041.89

54,130.39.

122

the estater A, B and C the assets have been

Muurber

of Petition Bey

By

Masets

Bankrupt Creditor scheduler

Year

filed

APP P

17

1889

47

31

16

1890

28

12

16

1891

26

24

Amoun

An

unud received

by Official As. by Afficial as-

Rea

189.667.4716,142.00

where no

schedule

filed.

2,800.39

B

349,661.46 21,379.43 25,899.18

57.675.50

182,079.08

D

958.46

28,806.90

5196.

699.42

소소

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