New Bankruptcy Law Print E-mail


The "NEWCASTLE JOURNAL", has published a somewhat lengthy review of the operation of the new law on bankruptcy for the last twelve months, and, on the whole, speaks of it most favourably as a valuable improvement which has tended greatly to the benefit of the commercial community.

Such may very naturally be the impression of those upon the spot where the court is held;  but assuredly, the creditors and others connected with bankruptcies at a distance, have reason to come to a different conclusion.

Unfortunately, Carlisle, Penrith, and other places in the district has been much interested in the Bankruptcy Court of late; and from all parties, the complaints are loud and frequent, as to the evils of the District Court being at such a distance.

The expense and inconvenience of attending from all parts of this county at Newcastle, is incalculable.

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