Registrar-Generals-Department-Annual-report-1968-1969 — Page 96

TABLE XXIV

OFFICIAL RECEIVER'S OFFICE

BANKRUPTCIES AND COMPULSORY LIQUIDATIONS IN 1968-69

Bank-

Trade or Business

ruptcies

Compul-

Estimated sory Liquida- Liabilities

tions

Estimated Assets

$

$

Bank

1

25,000,000

15,000,000

Building Contractors

2

3

3,031,601

1,935,420

Clothing Manufacturer

1

53,245

43

Company Clerk

1

38,404

1,206

Embroidery Company

Garment Factory

Gem & Precious Stones Broker

307,018

280,128

2

273,800

5,401

22,253

678

Hotel

1

67,259

60,519

J

Importers and Exporters

Insurance Agency

Knitting Factory

Land Investment

Plastic Toys Manufacturer

Restaurant

Sales Representative

Ship Builder

5

1,373,942

762,737

1

93,484

30,657

:

:

1

8,019

1,396

5

3,537,370

2,015,200

1

94,998

12,242

1

178,217

83,064

1

63,165

589

1

768,592

374,289

Stock Exchange

No employment

1

200,000

1

12,342

6,000

Total

9

22

35,023,709 20,769,569

Note: The above estimates are based on information supplied by the Debtors.

Such estimates are seldom reliable indications of the true position.

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