London Gazette index entry detail

Publication details:

Publication date: 25 Aug 1893.

Issue: 26435.

Page: 4864.

Parish:

Upper Dicker.

Person details:

Name: Horatio Bottomley.

Marital Status: Not given.

Occupation: No occuption.

Item: Appointments of Trustees.

Notes:

(12 and 14, Catherine-street, Strand, Middlesex, late Managing Director of the Hansard Publishing Union Limited, lately residing at Shirley Lodge, Clapham Park, and subsequently at 43, Carlisle-mansions, Victoria-street, Westminster, both in Middlesex, and at Crossway House, Upper Dicker, in the parish of Arlington, Sussex, and lately carrying on business at 1 2 and 14, Catherine-street, Strand aforesaid) Court: High Court of Justice in Bankruptcy, No. of Matter:, 552 Of 1891, Date of Order: Aug 12 1893, Nature of Scheme or Composition sanctioned or Order made: All debtor's property which would become divisible among his creditors if he were adjudged bankrupt under these proceedings, and all moneys payable to his estate under the provisions of this Scheme, shall vest in the Official Receiver, or in the Trustee to be appointed by debtor's creditors, to be administered by him as in bankruptcy (subject to the provisions hereinafter contained). The debtor will, either alone or in company with an Agent to be appointed by the Trustee, without remuneration, proceed to Vienna, in the Empire of Austria, to continue and complete the pending negotiations for obtaining the return of a substantial proportion of the deposits paid by debtor in respect of various uncompleted contracts for the acquisition of certain printing and publishing businesses there, or for the carrying out and completion of such financial or other arrangements for the benefit Of debtor's creditors as may be approved of and sanctioned by the Official Receiver or Trustee under this Scheme, and more particularly to obtain the transfer to the said Official Receiver or Trustee of the benefit of a provisional arrangement for the definite acquisition by the Trustee under this Scheme of the . businesses of Messrs. L. Bergmann and Co. and Gustave Feitzerger, the terms of which arrangement are embodied in a letter addressed to the debtor by Mr. William Fischer, bearing date 14th July, 1893, whereby it is provided, in consideration of the transfer of such businesses under this Scheme, inter alia, (a) That certain claims which Mr. Agg-Gardner, M. P. , has against the said William Fischer shall be withdrawn, and (b) That debtor shall become personally responsible to the said William Fischer for payment to him of the balance of the put chase money of the said two businesses. And, in consideration of the acceptance of this Scheme, debtor undertakes to procure the withdrawal of the said claims (subject to the condition hereinafter mentioned), and to make himself responsible for payment of the balance of the said purchase money. The moneys recovered from the vendors of the Austrian businesses, or realized from the sale of the businesses of Messrs. L. Bergmann and Co. and Gustave Feitzenger; or otherwise in connectiontherewith, pursuant to the provisions of the preceding clause of this Scheme, shall be applied as follows :— In payment of the costs, charges, and expenses incidental to the recovery of the said moneys, including all costs and expenses of the Official Receiver of debtor's estate in relation to certain legal proceedings instituted by him in Vienna against certain of the said vendors ; also the costs and expenses incidental to the carrying into effect of the provisional arrangement with Mr. William Fischer ; debtor's expenses in relation to these matters to be limited to out-of-pocket payments. Next, in payment to the said William Fischer of the sum of £5, 000, as provided by the terms of the said letter of the 14th July, 1893. Next, in repayment to the said Mr. Agg-Gardner, M. P. , of the amount of his claim against the said Mr. William Fischer, but this condition to be subject to modification or sanction by Mr. Justice Vaugnan Williams. The surplus remaining after providing for the foregoing charges to be divided equally between debtor's estate and the estate of the Anglo-Austrian Printing and Publishing Union Limited ; the payment to the latter estate to be made in consideration of the concurrence, so far as may be necessary, of the representatives of that estate, and to be accepted by them in full satisfaction and discharge of all claims against debtor's estate by the said Union or the Liquidator thereof. Payment of preferential debts, and all proper costs, charges, expenses, fees, and percentages, so far as the same can. be ascertained, are to be paid prior to the approval of this Scheme. Mr. Flaxman Haydon is appointed Trustee under the aforesaid Scheme of Arrangement, at a remuneration to be fixed by the Committee of Inspection appointed, and within fourteen days after the date of the approval by the Court of the Scheme he is to furnish such security as the. Board of Trade may require. The Receiving Order made against the said Horatio Bottomley on the 1st May, 1891, is discharged.

Batch:

GAZ_London-Gazette-01.csv.

Transcribed by:

Michael Metcalfe.

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