MONEY-LENDERS BANKRUPTCY.

Dominion, Volume 4, Issue 954, 22 October 1910, Page 6

MONEY-LENDERS BANKRUPTCY.

;,' THE OREDIT'ORiS' •''CHORUS.'?.; ' :,-■.-■' ':■.■'"'"■ ■'■ ;.. ;, ~..: ■.; .--i -';.;;v;-,'-* (By Telegraph;— Press Association.), , ; . ' ' Dunedln, October; 21;: ,:. A .'meeting 'of creditors in the estate of -'William MillcrjVmoney-lenderjiTwhb' was 'declared bankrupt last' : week); and who is now' missing, \ was ■held- to-day; Over 30 creditors, or.' their representatives,: were, present. - : ,. -'"■■'-'. ■'■' Mr, _ Fisher. said that;; in the absence' of the'''bankrupt , and the' consequent, inability ■ to "ha ve a check by him,, it would ;be improper to place before; the . ajiy statement , : giving names;' and, figures. ■-.-.' At the time of the bankruptcy;there were two creditors .jin possession of the office, and the furniture. had. been ; removed to' an .auction' room for '■. sale. He read; a statement;; made'by '-.Mr'.. Evans who had been,' ih li Mr.'llilkr's; employ..'ln'the course, of his,'statement. J&ans stated: that-, ft'"was with: the''greatest difficulty that'he could obtain iromjhis employer ; the,necessary 'information to enable; him to makeup the-bboks. He had. never been .given.- an'y.-.information to enable.him to .make up the-books; He' had' never been;' given'-, any.-infor-mation concerning Miller's dealings with various, properties, and -there was 'no, record of these, transactions- for ;-, the last three years. He knew'that. : . ler had '• been hard pushed for. money, and'a lot of his (Evans's) time .had been taken up in obtaining .temporary loans.: for him by th© exchange ,of cheques, etc; ; He (Evans)':never.had anything .to do with the. various ' bill transactions "given to or by: Miller.'He knew that bills were floating about-"but, no. particulars.. were-furnished .to him.In reply/to;a 'question by the"Assignee he' said, that'ho could not give. par T ticulars of assets:; At ;'present" there were' book -debts, due to' bankrupt.' -.; Mr; Moore stated that he. represented creditors who. held prbmissory_ notes, from" Miller. It; appeared to him thatMiller had! got rid of all the security he tfould .before he went away, and that the assets must be small. ;' ,'-. -.-•'.,;-' v. ' The Official ■ Assignee; mentioned that some little time before',.the; bankruptcy the balance-sheet showed a". surplus of £8000.; He would Hke. to see that: balance now. . ; .-.-'. '•■-.-.'■' Chorus of creditors: So; would we.v. Mr. Esther: If the estate'. ; realises 8000 pence we will be lucky.';:' \, , :''-, .;■ It was, resolved;. "That the'meeting ■be adjourned to a laterdate to be fixed by the Assignee who 1 ;will make' inquiries.and; furnish a : report.";."