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Reynolds's Newspaper - Sunday, August 25, 1895
INSOLVENT FOR TWO YEARS.
At the Court of Bankruptcy on Thursday the usual particulars were issued by the official receiver in the case of Oscar Wilde, late of Tite-street, Chelsea, and now of Her Majesty‘s prison, Wandsworth. The receiving order was made upon the petition of the Marquis of Queensbury, and the debtor attributes his insolvency to the failure of legal proceedings taken by him against the petition a creditor, and to his arrest and conviction in the recent trial of Regina v. Wilde. He has stated to the Official Receiver that he is a dramatist, and that his income, which he estimates at £2,000 a year, has been chiefly, if not entirely, derived from royalties received on plays and literary works written by him. The accounts which have been filed show unsecured debts of £2,676, and debts partly secured £915, the creditors holding a policy on the debtor’s life and charges on the dramatic rights in certain plays, the value of such securities being unknown. A deficiency of £3,591 is disclosed. It appears that the debtor has been insolvent for at least two years, and that his expenditure has been considerably in excess of his income. Of the unsecured indebtedness expected to rank, sums amounting to £2,514 5s. appear to be for money lent, £677 3s. 8d for law costs, and £233 19s. 11d for tobacco, wine, jewelry, flowers, &
The household furniture and effects of the debtor appear to have been sold by the Sheriff during April last.
The Evening News - Thursday, August 22, 1895
At the Court of Bankruptcy this morning the usual particulars were issued by the Official Receiver in the case of Oscar Wilde, late of Tite-street, Chelsea, and now of Her Majesty's Prison, Wandsworth. The receiving order was made upon the petition of the Marquis of Queensberry, and the debtor attributes his insolvency to the failure of legal proceedings taken by him against the petitioning creditor, and to his arrest and connection in the recent trial of Regina v. Wilde. He has stated to the Official Receiver that he is a dramatist, and that his income, which he estimates at £2,000 a year, has been chiefly, if not entirely, derived from royalties received on plays and literary works written by him. The accounts which have been filed show unsecured debts £2,676, and debts partly secured £915. The creditors holding a policy on the debtor's life and charges on the dramatic rights in certain plays, the value of such securities being unknown. A deficiency of £3,591 is disclosed. The value is not stated, comprising royalties on published literary works and plays and life policy from the figures furnished in the deficiency account. It appears that the debtor has been insolvent for at least two years, and that his expenditure has been considerably in excess of his income. Of the unsecured indebtedness expected to rank sums amounting to £2,514 5s. Appear to be for money lent, £677 3s. 8d. for law costs, and £233 19s. 11d. for tobacco, wine, jewellery, flowers, &c. The household furniture and effects of the debtor appear to have been sold by the … during April last.