MEETING OF CREDITORS

Dominion, Volume 3, Issue 677, 30 November 1909, Page 11

MEETING OF CREDITORS

:.IffiSTA'tIEANT-KEEPEIi,'S,; .BANKRtIPTCT.;. ■'■• IJTor; wantf:6f: .ft: 'quorflnii,. -the 'meeting of creditora..rin:the-bankrupt, v: estate . of. Alfred, Lloyd,. re3tiurant-keeper,. of -Manners Street,' to .htive 'beeh .'helcT'beiore -the '.Official Asiigneo, (ifr.: A, Simpspaji'yesterday,' lapsed, and was adjourned sine .die:.;; ■;:■'■:.■. :• :.; ■->■ :■ ■'■ ,'■■■■.■' .■ id':.the : ';Btatement ; : of?. assets; arid liabilities; i-tliorerwore owing to';'unsecured .creditors"4l29 1135.: 3d. .Thbre were 'no securi-. ties.' ,VThG'.'.only :• asset ■\y;i&' tho'- stock-in-tradfe, sotdoTt'n (tt./'sBM ss. : .Book debts,'.amotinting to , \M. 155.;; were estimated; to produce nili The estimated 'deficiency in the estato was .£76 8s .3d. , Ji^y ,, '^;V!r : ; : -: : -.:-'r'. ;:...;'\ ■:; -.■■-;■..■■,'..' .: ; Tho principal -'iihsccured creditors 'in r the Estate wore:-Martin■JCennedy-, , iE(!3,-'Urwin-dnd Bodenque,' £M IDs".;. S. ; Pliilp, £d 19s.' 10d.': J. 1 Milesi, : .iCBi;J.-. ; AV.:HiII,: 10 3 . -~"'4 ■:■ .■-,:■„• ' 'In:hisiwTitteu'.'fitatement, tho.bankrupt mentioned,,that he' purchased, a restaurant business in Monncrs ■: Street,'-. Wellington, in 'March '190i,-paying for;!goodwill andinttirigs tho siim of. .J3lsO—£loo .on J taking possession, and the balance ,by. ; raohthly..instalrnents.- The business provided a^'TjaroljTing".'for-himself .and , his ■ffife up to Eonfe oighteen months ago. 'Since then , , business fell away, and was unable .to 'meet.expenses.-. 'Bankrant' attributed his insolvency to: the '."general depression in busin.es,3,..ftnd,slackness of, trade "duriag the ; past eighteen. months."; While, under medical treatment, for a bad : leg his landlord had'put in a .distress warrant for~rent; and, 'in"justice to the ; ;other cmditors, {he bankrupt had to- seek '.the; , protection roi the Court. -. -: •. -,-., .-■:■•