The Pall Mall Gazette - Tuesday, September 24, 1895
This report was originally published in English. Machine translations may be available in other languages.
OSCAR WILDE'S BANKRUPTCY.
A SCHEME OF ARRANGEMENT.
Oscar Wilde should have come up before Mr. Registrar Gifford for his public examination in bankruptcy this morning. The debtor was brought to the court in a cab, but was not called, Mr. J. P. Grain, his counsel, being successful in his application for an adjournment. Mr. Grain said that the debtor had, as well as he could, filed a statement of his affairs, disclosing an indebtedness of £3,591. There were substantially no assets, although there might be at some future date some royalties of value upon his plays. His friends had subscribed £1,500, and when others of his friends returned from the vacations, doubtless a sum would be made up sufficient to pay all the creditors 20s. in the pound, excepting one of the largest creditors - namely, the trustees under his wife's settlement. They were entitled to prove for a loan of £1,000, which with interest at 5 per cent. had accumulated to over £1,500. The trustees proposed not to prove, but to come to some arrangement which had not yet been definitely settled. As long an adjournment as the registrar could give was therefore desired.
Oscar Wilde should have come up before Mr. Registrar Gifford for his public examination in bankruptcy this morning. The debtor was brought to the court in a cab, but was not called, Mr. J. P. Grain, his counsel, being successful in his application for an adjournment. Mr. Grain said that the debtor had, as well as he could, filed a statement of his affairs, disclosing an indebtedness of £3,591. There were substantially no assets, although there might be at some future date some royalties of value upon his plays. His friends had subscribed £1,500, and when others of his friends returned from the vacations, doubtless a sum would be made up sufficient to pay all the creditors 20s. in the pound, excepting one of the largest creditors--namely, the trustees under his wife’s settlement. They were entitled to prove for a loan of £1,000, which with interest at 5 per cent. had accumulated to over £1,500. The trustees proposed not to prove, but to come to some arrangement, which had not yet been definitely settled. As long an adjournment as the registrar could give was therefore desired.
Oscar Wilde should have come up before Mr. Registrar Giffard for his public examination in bankruptcy yesterday. The debtor was brought to the court in a cab, but was not called, Mr. J. P. Grain, his counsel, being successful in his application for an adjournment. Mr. Grain said that the debtor had, as well as he could, filed a statement of his affairs, disclosing an indebtedness of £3,591. There were substantially no assets, although there might be at some future date some royalties of value upon his plays. His friends had subscribed £1,500, and when others of his friends returned from the vacations, doubtless a sum would be made up sufficient to pay all the creditors 20s. in the pound, excepting one of the largest creditors - namely, the trustees under his wife's settlement. They there entitled to prove for a loan of £1,000, which with interest at 5 per cent. had accumulated to over £1,500. The trustees proposed not to prove, but to come to some arrangement which had not yet been definitely settled. As long an adjournment as the Registrar could give was therefore desired.
The Registrar: Has he been before the Official Receiver?
The Official Receiver: No, we have been to him. I may say that the delay of the public examination will not damage anybody.
The Official Receiver: No, we have been to him. I may say that the delay of the public examination will not damage anybody.
The Registrar: Has he been before the Official Receiver? The Official Receiver: No, we have been to him. I may say that the delay of the public examination will not damage anybody.
The Registrar postponed the examination until November 5.