Meeting of Creditors: A meeting of the creditors of Thomas William Archer, 74 and 89 Charlotte Street, Birmingham, Timber merchant was held yesterday at the Queen Hotel; Mr. E. S. Clarke (Trite, Clarke and Co.), Bristol, who represented several creditors, presiding. There was also present: Messrs. Woodward, Shelton, Bromley, and Turley. Mr. Pinsent (Barlow Smith and Piinsent) represented the debtor. … (statement of affairs read) … Mr. Pinsent said that a purchaser had been found ready to come forward with the cash in his pocket to buy up the stock in trade, loose plant, horses, and carts, at a valuation as a going concern. If the offer was carried through a much larger sum would be realized for the creditors than by the ordinary liquidation … (further discussion) … In reply to Mr. Pinsent, the Chairman said he should for the present be against Mr. Archer obtaining his discharge. It was resolved to liquidate the state by arrangement.
Transcribed in whole or part from scanned originals: Presented with or without modified text and punctuation. For absolute accuracy refer to the original newspapers. Source: The British Newspaper Archive.
Referenced
GRO0435 Devonport: Hume Chancellor Pinsent: 1857 – 1920