Meeting of Creditors

Feilding Star, Volume XV, Issue 91, 14 October 1893, Page 2

Meeting of Creditors

A meeting of creditors in the estate of H. S. Munro, of Fowlers, a bankrupt, was held in the Court Houee, Feilding, yesterday afternoon. MiJO. J. Scott, Deputy Official Assignee, was in the chair. The creditors represented or present were : — Mr Wm Carthew. Stewart and Co (repre. aented by Mr Smart), M. Hogan and Co (represented by Mr Wizey), E. Palmer, W. Morton, Kirton and Curtis, Pawelaki. Mr L. E. Beade, solicitor for debtor, was a!*o present. The list of creditors is as follows :— Wellington-: Stewart and Co j* ' £58 4s 8d; Union Clothing Co., £8 7s fid; Cadbury and Bros., £2 7s lOd; S".ott and Co., £5 16s lid ; B. Hannah and Co., £74 lls 6d ; Lattey. Lirermore, nnd Co.. £3 3s 4d ; E. W Mills and Co., £18 8s 2d ; E. H. Crease, £4 lls 4d ; P. Haymnn and Co., £48 Os 2d ; N.Z. Mail, . £Hos6d. Feilding: Chamberlain Bros., £3 Is 3d ; M. Belfit, 16s 6d ; Kirton and Curtis, 168. Wnnganui : W. Alexander nnd Co., £47 14s 6d; M. Hogan and Co.. £224 10s 7d; A. Mosely, £11 10s j Sclander* and Co., £37 5s 3d. Marton : Advocate, £2 8s 6d. Dunedin : Irvine and Stevenson, £16 Is. Taranaki : Eg* mont Boot Co., £20 12s 9d. Palmerston North : Cunningham and Gorman, L 32 16s 4d; Chas Dahl,Ll4; H. Aldrich, L 24, 4s lid. Chnstcburcb : Skelton, Frostick, and Co., L 35 7s lid. Fowlers : T. Jones, 12s lOd; Geo Anyon, Ll ; B. Palmer, L 7 17s ; Simpsen and Pawelski, Ll4 12s 9d. Otaki : J. K. White, L 5 2s 6d. Akaroa: A. B. Munro, LlO. Total: L 765 7s Bd. Assets: Stock in trade, L 22 0; book debts, L 745 13s lid—estimated to produce L 500; furniture, Lls ; property, L231 12s 6d ; total : L 976 12s 6d, showing an estimated surplus of L2ll -. 4*lod. The debtor attributed his failure to Ret certain money for land sold and to collect outstanding book debts ; also, to pressure of a creditor. Proposed by Mr Wizey, seconded by Mr E. Palmer, That the debtor's offer to pay 15s In the £ by acceptances at three and six months, with interest at 7 per , cent, be accepted, provided that the same . be guaranteed by some reputable person, . or persons, to the satisfaction of the Deputy Official Assignee. This, offer to remain open for fourteen days, and if the . debtor is unable to find the necessary .. Kecunty the Official Assignee be re* i quested to release the estate without delay.— Carried. The debtor was employed by the D.O.A. to look after the business at Fowlers, and to collect book debts. This was all the business and the meeting adjourned for a fortnight.