Judy, I am not an expert, but if a company goes "bankrupt" it goes into liquidation and if it is a limited company with directors, they are only liable to the value of their shares in the company. However in your case it is the individual who is bankrupt, so he would have lost everything he owned including a sole-trading business or his share in a non-limited partnership. Sandra Judy Bingham wrote: >Hi -- > >I'm new to the list and am hoping someone can help me out with this. My 2ggrandfather, John James Dunn Oland, after being married in Bristol, traveled around (presumably job related) and by at least 1856 wound up on a farm named Greyshott, in Headley parish. At one point he started a business in Haslemere called Oland & Bridge (auctioneers, appraisers, house and general estate agents) which was doing business in 1859. The wrinkle comes in 1865 in the months just prior to the family's immigration to Nova Scotia. Two bankruptcy notices were posted which read as follows: > >January 28, 1865 >The Bankruptcy Act, 1861 > In the county Court of Surrey, holden at Farnham, in the matter of John James Dunn Oland, of Grayshott, in the Parish of Headley, in the County of Southhampton, Auctioneer, adjudged Bankrupt on the 3rd day of October, 1864. > An order of Discharge will be delivered to the Bankrupt after the expiration of thirty days from this date unless an appeal be duly entered against the Judgement of the Court, and notice thereof be given to the Court. James Harris, High Bailiff > >2nd one: > >January 14, 1865 >Bankrupts. > John James Oland, of Headley, farmer, also passed, and recieved his order and discharge. > >So my questions are: > >1. Do these mean that just the business was bankrupt or does it mean that the farm went under as well? (I don't know if he was leasing the farm or owned it.) > >2. Is there any way of tracking down whether John owned the land? (The LDS Church doesn't appear to have anything on microfilm.) > >3. Is there any way of finding out more about this Oland & Bridge? > >I'd be most grateful for any insight into this -- >Judy Bingham >Fullerton, California > > > > >============================== >Search the US Census Collection. Over 140 million records added in the >last 12 months. Largest online collection in the world. Learn more: http://www.ancestry.com/s13965/rd.ashx > > > > >

Hi Sandra -- Thank so much! Your explanation not only makes sense, it does tie in with what we understand about the family -- that they arrived in Nova Scotia, in essence, without money. Appreciate it! Judy Sandra J Smith <sandra.s@ntlworld.com> wrote: Judy, I am not an expert, but if a company goes "bankrupt" it goes into liquidation and if it is a limited company with directors, they are only liable to the value of their shares in the company. However in your case it is the individual who is bankrupt, so he would have lost everything he owned including a sole-trading business or his share in a non-limited partnership. Sandra Judy Bingham wrote: >Hi -- > >I'm new to the list and am hoping someone can help me out with this. My 2ggrandfather, John James Dunn Oland, after being married in Bristol, traveled around (presumably job related) and by at least 1856 wound up on a farm named Greyshott, in Headley parish. At one point he started a business in Haslemere called Oland & Bridge (auctioneers, appraisers, house and general estate agents) which was doing business in 1859. The wrinkle comes in 1865 in the months just prior to the family's immigration to Nova Scotia. Two bankruptcy notices were posted which read as follows: > >January 28, 1865 >The Bankruptcy Act, 1861 > In the county Court of Surrey, holden at Farnham, in the matter of John James Dunn Oland, of Grayshott, in the Parish of Headley, in the County of Southhampton, Auctioneer, adjudged Bankrupt on the 3rd day of October, 1864. > An order of Discharge will be delivered to the Bankrupt after the expiration of thirty days from this date unless an appeal be duly entered against the Judgement of the Court, and notice thereof be given to the Court. James Harris, High Bailiff > >2nd one: > >January 14, 1865 >Bankrupts. > John James Oland, of Headley, farmer, also passed, and recieved his order and discharge. > >So my questions are: > >1. Do these mean that just the business was bankrupt or does it mean that the farm went under as well? (I don't know if he was leasing the farm or owned it.) > >2. Is there any way of tracking down whether John owned the land? (The LDS Church doesn't appear to have anything on microfilm.) > >3. Is there any way of finding out more about this Oland & Bridge? > >I'd be most grateful for any insight into this -- >Judy Bingham >Fullerton, California > > > > >============================== >Search the US Census Collection. Over 140 million records added in the >last 12 months. Largest online collection in the world. Learn more: http://www.ancestry.com/s13965/rd.ashx > > > > > ============================== View and search Historical Newspapers. Read about your ancestors, find marriage announcements and more. Learn more: http://www.ancestry.com/s13969/rd.ashx