BANKRUPTCY COURT.

Dominion, Volume 5, Issue 1529, 27 August 1912, Page 2

BANKRUPTCY COURT.

(Before His EonotiT Mr. Justice Sim.)... . •'. PETITIOttSRS FOR DiSCHAKGB. . A sitting of tilt Supreme " Court _ in Bankruptcy wns held .vr'tordny mm-ninc Mr. Juslic? Sim presirtod. 111-Luck ami Horsc-Fecd. 'Albert and Hurry Peters, of Lnwer TMirr, carriers, n-pplicd for discharge. Mr. T. M.

Wilford appeared for the applicants. Mr. Wilford ■paid that, the applicants were hard-working men whose failure had Ik-mi duo to ill-luck and n rim in the price of horsc-focd. The elder Peters wa.s M voars of age. Thoy Imd Imn a long whi'lo under the ban of bankruptcy, and it; was as much as tho.v could do to keep goin". He* Jiopcd (lint the Court would givo°them an opportunity to go free _ His Honour remarked that the Ollicial Assignee had recommended that the bankrupts should nay a. composition of 'is. in tho .E. . , ... Mr. Wilford: That is nn impossible condition, your Honour. His Honour observed that the, Assignee stated that some particulars of a racing transaction had not been Riven. Mr. Wilford: It was a mums quantity, vour Honour. Ho (Albert Peters! went 'over to Australia with n horse, but the owner took the horse over and immediately won a .UOOn race with it. In evidence, Albert Peters stated that ho had taken two horses to Australia, and that, one of llicm had won n ,IMO race. The Assignee: Didn't you agree to pay ss. in the £ if you were allowed to carry on tho business? Witness: .No; I never understood that. I would have, dropped that in a minute; it is too uncertain. The Assignee: Oh, it was £1 a week. Witness: Yes, that was paid as long as it was called for. After some more questions on the sul> jeet of tho racehorse transactions, tho Assignee remarked: "It was not a very clean transaction from the start, in my view." Mr. Wilford: Oh, you must not say that. , , His Honour: There seems to l« no reason why the bankrupt should not bo granted the relief which he asks for. I make an order for discharge in both cases. "Nothing in the Business." Georgo John Norton, boat-builder, applied for his discharge from bankruptcy. Mr. J. J. M'Grath, who appeared in support of the application, said that Norton's creditors had carried on the business for some time, but there had been nothing in the business, which bankrupt had since taken over again. The application for discharge had not been hurried; tho bankruptcy had taken place in 1808; Norton's liabilities had totalled .C.G9O; but bankrupt had been unfortunate, and had no prospect of paying anything olf. • The Court granted immediate discharge. Other Reliefs. Mr. V. E. Ward appeared in support of an application for discharge which James Clark Whitehead, Masterton, had made. His.Honour observed that the case seemed to bo ono of misfortune. Ho made an order for tho applicant's discharge from bankruptcy. John Robert Georgo Stansell, formerly of Wereroa, flaxmillcr, and latterly of Lower Hutt, hotelkeepcr, applied for discharge. Mr. M. P. Luekie appeared for the applicant. After reading tho report, his Honour said that there seemed to bo no reason why bankrupt should not have an order for an immediate discharge. Accordingly his Honour made an order for Stnnsell's discharge. ' Discharge was granted to Frederick James Mann. Held Over. The applications of John Hardio Murdoch, Alexander Goldbloom, and Mark Goldbloom wero held over. His Honour's reason for not proceeding with tho applications was that tho affidavit in every case had been made by the solicitor instead of the bankrupt. Next Sitting of Court, The next sittings of the Bankruptcy Court in Wellington will bo held on Monday, ■ October 14, at 10 o'clock.