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MEETING OF CREDITORS LAPSES.

I ' A meeting, 06 creditors in the ..estate .of-.Cecil. Luscombe Hawloy, clerk, Oriental Bay; was I to havo been held, yesterday. 'Only one creditor was present at the time.appointed. 1 . Mr,,Fitsgibbon ropreeente'l the debtor.. '; ■. .■'•■'■'■- l ' : .; .•■■ ; Bankrupt's stiil'im'ont shoteed liabilities' (unseoured. oreclitorii)! 1 to the amount of.' £356 3a. Cd;, and assVtJr (furniture) J820. : ■ 'Amounts 1 due, tO' secured creditors totalled: .£so,.while■>'the value of-the securities was estimated at , JEM;. The scoured creditors wero: W.' Miller,'-Dun-edin, .£35, and tho'National Bank,- J!15:-, Of the unsecured dobte tho following • wore i the highest attiounai:r-Mfs. Hawley, Christchurch, .£240; E.,. Wilecm and- Co., Dunedin, .£2l Us. 5d.;C. .£24 ; ,ss.j .Gcorgcsoa Bros.,' Dunedin, .£l9 9s.tßd.' ':':.. ', .;: ;V "Debtor, -upon oath, stated" that .ho etn rtpil business at gt. Clair, near. Dunedin, in.a etpre and ■ tcarrpoms in November, 1905; To the; business ho borrov/ed £210 from hie mother. As there was not suifioient accommodation for . his wife and family, ho lind to. rent,a .house as well. As the business did not pay, he sold out in.; July, 1907, and paid'the money to-his breditbrs. He then joined a. commission l agency 'business, 'but it \turned 'out- no good. Subsequently after ho had-been out of work . for -a few .. mpnths." he' got'f a,., temporary . Gbvorninent- poßition, ; but. illness and the death of his wife took' , place," and he -was loft with, six children.'; He then aooeptod his present.position";:in Wellington, which. entailed heavy expenditure in'bringing liis ■ family from Dunedin. nnd eacrificme- hiß> furniture.. As his salary. wne. only, .8175 ;p6r annum, '= ho cbuld not, /owing to; the lijgh' cost of, living and rent here, eoe his 'way, to.inaice any offer to his croditors.■'. Thb imtnediato cause of filing'was the action-of ono of Mβ largest creditors in issuinc ii distress Warrant, thus' forcing him .to- eeok (of the Bankruptcy, Court. ';'//•.'■ i'v ■■ ■ ■- ■: Owing to the lack of a\quoinm, the meo<Mu» • lapsed. .'.■.":■'.&-■ <.-... -./.J:, ■■. i '\V:t';.;:s---'.- , f T j^ : .:

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/DOM19090820.2.61

Bibliographic details
Ngā taipitopito pukapuka

Dominion, Volume 3, Issue 591, 20 August 1909, Page 6

Word count
Tapeke kupu
317

MEETING OF CREDITORS LAPSES. Dominion, Volume 3, Issue 591, 20 August 1909, Page 6

MEETING OF CREDITORS LAPSES. Dominion, Volume 3, Issue 591, 20 August 1909, Page 6

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