MEETING OF CREDITORS.

Dominion, Volume 2, Issue 423, 4 February 1909, Page 6

MEETING OF CREDITORS.

' AN' ABSENTEE BANKEUPT.

vi' J A'-'mJMHrig-oJE;-crbdit6rs'in'-lh"e-bahlOTpt'estate'' of -..Thomas'i William:l--Arthur I ,': r ßt9 r e-' keeper; ; .';formerly•■-of-,-Wellihgtoh,."at" present in ■partsliunkhpifni^"•.■Tμ^^:held.'before .vthe'vOfficiali, Assignee.(Mr..iA. Simpson); yesterday; morning.; The., creditors .'represented were "•Messrs;' ; A.'.'S." Paterson and"Co:f,;W.- and-'G.-TiirnbuirandCo., rFarin'ers^;-DiitriUuling. ; ,Co4-J;B.' ; -'Co.,': i and';E: (Arndld;";':! , : . ■y-'^r'i:^,

.■,:-,T-he',Assigne.e;erpliined; that: Stringer,^^ ; whbse : present K'whereabbuts ; ivere'-unknowniv.had .been jadjiidged.bankrhpt'onr the; petitibn-ipf: his: •ditors;',the:business:of the-'bankrupt had since ;then:MeT carried;pn''by'the; Assignee's■'i'epr&-sentativei-.who.hadfbeen yassistedi in every way. by .Mrs;; Stringer,' who ;had ib'een-paid M' per "week;prerionsly by Mr."".Turnbull:(acting.for the, creditors),' and it :would/:be-.for' those" preeettt.;;toVs'ta,te the rvalue; of her-; services, since. :the.-bankruptcy.;,;.The'first.meeting of the'credi;.tors";ha'd;;.been;; l spmewhat : -.'delayett Spending in- ; Quiries' as tb. the creditors".and stock-taking, ope-'. :':"ratiqns.."-;'.-Tenders'/iadvbeipn-''.pa^ed ) 'vbli'-]Sran.nary' 29,:.f0r.-the■ stock:and business,:ahd : these would be.;conadered at the.meeting.: sTheydlue of the ' stock;, was'- set , : down, , -after -assessment r by : the' bailiff, at ■ £l%S'Vls..ii., and' thei appliances;at ~£241;551-6a.;';the;book debts , amounted''to 'J6218 ; Hs;.9d:;;and;. , roughly..speaking;-the ivalue'of■ 'thevbusiness/r.as-.a'VgpingrConcernV r assessed^at:'c£^O.-;ft .^"S'rt ■■■■.■ : -^- -

The W; ■ and;G.';Turabull:and Co.",'-.£178. '-'AV SFarmers' Dis•■^io^H^"-'^- 7s- : -W.-;.\iulsebro6k;and Co'.',' $*&?&! Co.; ltd.; -.%& lls.: 2d; -.-:: The .■liabilities- were.- stated: to be -'.£l2oo' ■.pl\w)nebr£9W had been proved ; ■'•■-. •■-■■ > ■■■■•■' ■ : : M was decided4to : allow.Mrs.: ..week, f or ; the.: fortnight-: during' which' she ■ had 8? ,n l ? tfi( l l , n the-carrying.:on'.of the business..■■■-' -.rhe-ioUowing:-;tenders;:for;the stockv.-plant:. 1 >nd .goodwill•;. were;.considered '.WheatW ■ 12s.v 6d.:in,: the to' i≥7^kW.Mewatf ?Bj«; t and^?»: On ■ the motion^ of seconded^j tender.;ol,Mr.:.:W i heatle y> at-:12s; 6d. in the™' creditors .in appointing' Mr. ; Turnbull, trustee in :the estate was confirmed; the^matter-.of collect- '■ W- fte;-:bookridebte'..was ;ieff;ii\fte^hand^of ,-theivAssignee.;. •■.-.-.■,"■■'-■•'■■'.■'■ : :.''- :! :: Vl ):•''■■.' -■:■ >;: ■■. advisaiilirY of .ascertaining vthe whereabouts of .the bank.nipt,:-■ with.-'-a ...view ;to-,'examination at' the v Supreme; .Court.:' ; .; ' : ■■/■. .'■.•:•■■•.;■■.■. ■ -■>.:... ■■■ ■■■'■;;.■. •'-;"° ' '"i?°*^noh' wonld. it. cost:toiinstitute-'pro- , csedings?" masked Va;'creditor, •.V.'-'f ;,■•■:;-".,■ '-« ''»-A™- i; ? f^ ***>"■' replied^the ; Assignee/ ~. Alot:of v .moner-r-about: ; -SM?. v he'-■-aMed ■• .BlpwJyr and -wave..;of depression flowed from ■his end of the table,,and chMed!the hopes™ . the'creditors.;;;:: w:: -:'•:,..:• ■;■-. ■.•,■•■: .-..