HOTEL-KEEPER'S BANKRUPTCY

Dominion, Volume 5, Issue 1473, 28 June 1912, Page 2

HOTEL-KEEPER'S BANKRUPTCY

j: LIIUUIJ'J'JKS,; .I'2Oi':n; ASSETS, XU.v -bankrupt liotclkwiwr, |. was 1 -"- cbnvciiotli K ioi'y; y-cstewla y— ui oriii ngi;: nt l!ibtolTic^ol¥ifoi:]?ul«ic^Vjii!iic;n(^li'. v A. i Simpson),', but it liip~oc! ft-r want ol a qiKn-uni.\Aa,-adjournment (ill ,the- nlrerjicon. brought 110. better r:v.ilt. «nd •' lio 'j'liocce.dihsV.weye^^ Th« bankrupt was pre.-em; ". . Inhis slalbmont of accounts anil't lie 'hnstory f (handed to'the press for. publication. ».v • i'lio 'ar.-iirnic), i;.i>ikrupt Mated; that ■ he wraagcd/Jn .'.January;'-,lfllO/i h":b.'.iel ai.' SuvaJ fiji, paying' X2O0■ ■■ dcvarious l 'cxiyaisra inoidcntaiitoiiJiciSrombval of 'his" family to l l'iji. These amounts, t'»". bankrupt ■ hor-roiv^d'^froiii^lhis'^Avifc.^'Ho-didnot iako po.»se.<sipsvas ho considered, the place to ■be'ursuitahle.:' 'From' this venture ■ hc:.,recovcred X'sO of his-.depowti \ In J«!y'. <;> the- r:u;-a yiv.i- ~he.\ jmrrhn'ed. s •Hotelf'froin. "'l'; - .£s)ot). the. balance 'from : Lc\iP'an(U.'e& . v Ltd;-?" ! .Sneighfc and -• Co., and -Divan-Bros. ' On UaKing possession atiiertrccciptsSat'M l'ram. .£7o' to |n>r.- we: k,: which was inrch below what the; trade of- the "notei ; had been. stated to be., J'l.e. rejjre.'enta- j (ion 'lie-tyUm stable rents, broil gust £- a ;wek was., ju; said.;-incorrect, as the sub- | 'tonant /ininif lnnv that; ■ ho | could r.at afford to pay any rent-ho .was | ; ri , ppafb)iUj'fl'iv^"dun lm y : '^V/A no tiiw.suo-1 let <-t' a. Miuxll bcot shop at is. Gd. be- , V.tm'e vacant "als-o,'atid-.ito'cthor ■ tenant! (•iiii;" forward... "1 . had considerable j '« rouliloVovoir' the ; <furniture, as when I in-he-libusirit; was thoroughly well! .fu!'i)i>i;oil throughout." - -with an ■ abniui-1 ..nee 'of plate f:nv thiv dinins row.', and pt!ier ; i; furhi.-hings;> ; !)ut'. a' good <Tcalwas mi>.-.iii« wh.'u l;took. pa;.n-s«;cn." The replacer,ieiit- of .t'iie-e cost; a A considerable isuiriO.VlUitf WionUrupt' 1 sued O'Xoiil for _ a :r'ohiri£ofithn.pla(o : aricl furniture. > o'Xei!l piid and returned a quantity ■ of plate; .but the.; e:\>v<>i-:es did not. oempen- j «ijoifor:4h'e"exi)en(lituve. ; invo!vcil in niak-.j in^ .jVi]).;" ihoi'deficioiicy.' Trade. was bad. Viidibotli-Tievin ftiid.t'o-.\and. Kpoight ;nd ! ; u:(< reduction': in their ad- j vvanceii j'CfiiK'.sliiiß paymeiitso!' about .ClilO ] .poii^Jiycok-an imi«o.«iWe}Hmdorlakins, j 'com men', c-d the nrvnf.rnpt.- vUnder further j mii'siurivhe'.deeidod-' to, 'g.it'.£3floo toy': the hotel—which.- cost 'A .£")t;no—after •havin'c«.bi!cn-in : possc-Moir'-for' about ..oijlit!.!C!Uh>., Il" was;eiHiraiV; without'jiieans, looking; for .work. v.. His wife, and •'•'•liiMrMvfwevcsini; Caint'.a.^tt'ith-jolalivc, iPres'siiie ■' ironi-yvaiious .emliitois... forced ■!i,iiiif had jus'tlVcv to'tnakp.. ;";'rlie ; to^nnsfonwl>.creditors :ai ; (if>et;."do'wn MitH£-0!iO; 17s.'i"'against,wh!c!i Nvns^th : ?'"iwdrdA'',iiil;/s:;nnwl he assets ■ side. ■■Tiie c arc T. niSV'iliTXl'aliiier.ston Noi'th ('•t'JOOO): i)\v \ii iHros'.vJvSVcUinKton ■; (J!I50); Henry .Brown, W>Uihi;ton' : iW"il'lTs.j; .folui'-Fanning. Wclare uo sccuritioj.