Click here to return to the main site entry page
Click here to return to the previous page
The Rushden Echo, 28th June 1907, transcribed by Gill Hollis.


A Rushden Grocer’s Bankruptcy

“Bad Luck And Bad Trade”

  The public examination took place at Northampton Bankruptcy Court on Monday of William Wills, labourer, grocer, and general dealer, 83 Moor-road, Rushden.

  The statement of affairs showed gross liabilities £103/17/0, of which £83/4/0 was estimated to rank for dividend;  Assets £17/17/0; deficiency £65/7/0.

  Examined by the Official Receiver, debtor said he had always considered himself solvent until he was pressed.  His largest debt was £40.  He had been doing labouring work while his wife looked after the business, but bad luck and bad trade had been too much for them.

  The Official Receiver; Yes, but for the last twelve months you have been trading on your creditors’ money, haven’t you?

  Debtor; Yes, sir.

  Answering further questions, the debtor said that the furniture belonged to his wife, who bought it with money left her by her uncle.

  The examination was formally adjourned.


Click here to return to the main index of features
Click here to return to the History index
Click here to e-mail us