A:29
9:30
A:30
0:31
A:31
0:32
A:32
0:33
4:33
0:34
A:34
0:35
No.
98
Has it always been the practice to employ only one firm of auctioneers?
In bankruptcy we always employed Lammert till their crash. Generally speaking it was always the practice to employ only one firm.
Why was this done?
It was more convenient. There is no official appointment. An order is signed in each case directing the auctioneer to sell.
What demands have you made for payment of the sums which the A. & B. Co., Ltd. have failed to pay in?
I have made no written application but have seen the Company representatives several times. I have got (produced) a written acknowledgment, signed by Hodge, amitting liability for not less then $25,000 in respect of auction sales conducted by the Company under order of the Court with an authority to deduct the amount from such of the proceeds of the sale of s.s. "Ling Nam" as may be payable to the Co.
Were the Judges or either of them aware that complaints had been made as to delay in paying out on distraints?
to me.
I am not sure. Mr. Wood may have mentioned it
When the "Record" book was produced to you did
you notice that from the beginning of 1926 there was
frequently a lapse of three months between sale and
rendition of account?
No.
In what form were proceeds of sales received
from auctioneers?
A:35
0:36
By cheques as a rule.
To whom made payable?
6.
No comments yet.
Private notes are available after approval.