A BANKRUPT PASTRYCOOK

Dominion, Volume 12, Issue 201, 20 May 1919, Page 6

A BANKRUPT PASTRYCOOK

MEETING op creators.

A meeting of creditors of Alfred Kean, a pastrycook who had been adjudged a bankrupt, was held in the offices of the Official Assignee yosterday. A statement showed tho liabilities to be ,£391 os. dd., and the assets to be nil..

The bankrupt. attributed his troubles to loss of trado through the influenza epidemic, tho breaking up of the military camps, and the high cost of materials for cake-making. He offered to compound with his, creditors by paying ,£1 per week till his debts were cleared off.

The principal unsecured creditors were as followl'ulton and Co., ,£39 6s. Od.; H. Baldwin and Co., .£18; H. Berry and Co., ,£29 17s. 2d.; G. H. Thornton, £\!i Is. 2d.; Banuatyne and Hunter, ,£29 2s. lid.; Dominion Produce Co., .£55 6s. 9d.; Hall Manufacturing Co., .£26 12s. lid.; Dominion Compressed Yeast Co., ,£l4 7s. ■Id.; Karori. Milk Supply, =Cl 6 lis. Scl.;, A. S. Paterson and Co., Ltd., ,£54 9s. :6d,; Burch and. Co., Ltd., £22 lis. Id.; J. B. MacEwan and Co., Ltd., J:24 14s. 7d.; Dominion Mercantile Agency, ,£6; Tingey and Co., Ltd., X 6. Sonie of the creditors thought the bankrupt's explanations unsatisfactory, and they requested that a more satisfactory statement should be produced. The meeting decided to give the bankrupt ten days in which to draw up a fresh statement. • ,

At the conclusion of the meeting, which was adjourned until Wednesday week, tho bankrupt made a further statement on oath to tho Official Assignee. "About November, 1917, I'-took a leaso from Mr. G. W. Anderson and Mrs. I?. L. Haworth," lie said, "and was to pay >£12 per month for the first few months. Jt was then reduced to per month. My takings from that timo until July. WIS, averaged about .615 per week. Since then they have been about .£2O per week." He employed a man at a weekly wage of £4 10s., and a girl at 155., wh'ilo Ilia drawings for household nnd private purposes were JD4 per week. The last payment to Anderson and naworth, about .£lO, was made some three months ago, at which time he owed them ,£7O. "I have not bunked any of my takings fjneo October, 1918," lie further stated, "paying all' outgoings in cash. I have no assets whatever, and am a married man with one child."