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Browse the database Advanced searchOwner of Black Lion in debt
Source: Aberystwyth Observer 17/03/1910 Date: 1910
Copyright: Type: Newspaper
Description:
Transcript:
LAMPETER. DEBTOR'S BIG BILL. At Carmarthenshire Bankruptcy Court, held at Carmarthen on Wednesday, William Rees, licensee of the Emlyn Arms Hotel, Newcastle Emlyn, and the Black Lion Hotel, Lampeter, presented a statement showing gross liabilities £ 5,631 18s Gd, deficiency £3,990 0s 7d. In debtor's deficiency account £2,291 Is 3d was set down as excess of liabilities over assets in February of last year. Another item was High Court costs £1,135 5s 5d. Debtor said a High Court action was brought against him by a Cardigan tradesman to recover £101 for repairs to a motor-omnibus, and the result of the Official Referee's decision was a judgment, with costs, against the debtor, both on the claim and counter-claim. Debtor said he only seemed to become aware of his insolvency when he lost this action. His wife claimed furniture, and also put in a claim as owner of Sycamore House, Newcastle Emlyn, as well as a house at Llandyfriog. Debtor said he paid £1,000 for the stock and effects when he took over the Black Lion Hotel, Lampeter, He estimated that he lost about £ 100 a year at the Black Lion, but he could not give it up when he found himself insolvent years ago because he held it under an unexpired lease. The Official Receiver explained that a composition of 7s 6d in the £ had been accepted by creditors. Mr D. T. James, a creditor, objected to the composition. The examination was provisionally closed.
Notes:
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Black Lion , High Street, Lampeter
