Meeting of Creditors

Feilding Star, Volume XII, Issue 52, 18 October 1890, Page 4

Meeting of Creditors

~/ ;A. meeting :of creditors in the £ bankrupt, estate of Daniel Jobberns, i " BtMe^^per, >; P^bnerstonv North, was field at the Oificial Assignee^ office T^yesterday, before the DeputyrAssignee T. »f Palmorsfony Mr G- J. fceott. i There is werennine' creditors preoent^ for! whom : eMr Gtidlyappfeared, and Mr Skerrett - appeared for the debtor. Zs? J^Hnßsrfer;to (Mt 'Gtdly, the debtor ;. ;^id a 1 first meeting of his , (Creditors jat, Palmerston on the 6th tne business m rrjipriU, .r1j889.: -He- never gave Mr Whittem .tp. understand^ that he had a --! capital of He wae/indiffereit Eim.dr not, . ;f llaifafil 1 W flM^toot^expect' anyone to ■&- 'believe ninai « It 'Was" quite jtirue that .)&*&& had *»'^capital of MtJOp&efcef- quently carried. large' siiina of money .■ 1 about m •his podkets Sometimes he <^iiadrkep> fcpm^OQ to/ £SOO in his 'pociets, and this, too, whed he had * J;§ packing account. The total liability, '& jfcos Mr on th» purcoaije ofr v' the business was £1879. He fcould s exact '-. terms as to ; no^r be wasjto pay it off . He made to Mr Whitten* *-' ' abpbt a, w«ek after he purchased tbW "t. t>ug&cssk Ec made, hie property in <r Owen street, - Keytcwn, oyer to his > 7 Twif«liJiortly after going into business. > x Hf exa^ctly cay what promX^p^ed Mm todo^thjb,-. but he supposed ? tWsprrjt)m^^ Thisjpro- -. ' periy |»d. since-jbeea incumbered jby a ; second mortgage. ; c>Did not remember ■- . stating that | tbisrpioperty. wa|ip]airt of :i i$s v aS»et». .He prepared a balance .•- sheet on 22nd' Aufeuft,^ho wing £896. _ In k J 4W&er l -' , fce '- wrote to Arthur i and ...Co. Christcburoh, he said. he only - h» Could seU ; his town property at a third- bf its vatuS, and he would be all right. In answer to Mr Deacon who represented Messrs Arthur land : 3 CfQv, the debtor said he considered he vwaa^perfectly justified in making over . his Newtown property to his wife. . 9» was perfectly solvent at this time and could have paid iOs in the pound. rHe^ considered a^man was always solvent so long as he could get goods . : £&:& '©tfoid not remember whether a .- . (oreditdf ! named Stubba. had received L" any stock or not. There were three places of business, and he could not tell everything that was done. Mr Whittem said the bankrupt had . tbld'him he ' was worth £1000. The -debtor said he was dping a .good '■ > bTfamfos, jDut thefcontrary appeared 'to "be tlie "'case. w - On the ; motion of Mr Deacon, lecbmied by Mr' tv'nittem, it was ire- ~. solved that the debtor be publicly -■ examined. — W.Z. Times.