The Times/1894/News/Mercantile Failure: Daniel Hipwell

.—Daniel Hipwell, described as a colonial merchant, against whom a receiving order was made on the 21st ult., states that he commenced business, originally in 1854, but had no offices until 1877, when, with abut £2,000 capital, he took premises at 36, Crutched-friars, E.C., removing in 1881 to 9, Idol-late, E.C., and again in August, 1892, to 17, Water-late, E.C., where he was traded down to the date of the receiving order. The debtor attributes his failutre to badness of trade; and to his expenses having been in excess of his profits for some time past. He returns his liabilities at £1m012, of which £890 are unsecured, with assets estimated to produce £128. The Official Received (Mr. H. Brougham) states that the debtor makes no proposal.

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