Bankruptcy Court.

Feilding Star, Volume XV, Issue 239, 14 February 1894, Page 2

Bankruptcy Court.

(Before District Judge Ketttle.) The quaifcerly sitting of the above Court was held at Palmerston yesterday. Charles Grubb.—Mr H. S. Fitzherbert and Mr Reade, of Feilding, appeared for the D.0.A., and Mr Guy for debtor. — Chas. Grubb, examined by Mr Reade : Offered in 1892 to pay his creditors in full by instalment. Did uot remember owing Cobbe and Darragh or J. C. Thompson anything at that time. Received butter from the former, and paid for it in biscuits. Cobbe and Darragh told him he owed them nothing, and he stopped supplying them with biscuits. Afterwards they found that was a mistake. — His Honor would make it a condition that when 7s in the £ bad been paid to the creditors who had proved iv the estate the discharge would be granted. •'■tephen Haynes. — Mr A. Southey Baker for debtor and Mr Reade for opposing creditors. — Stephen Haynes, examined by M r Reade. deposed : He commenced business at Waituna as storekeeper in May last. He had no capita], only four horses, a store aucl a bit of land, 3£ acres, for which he paid £b or £6 out of £12. Mr Bastings bought the horses for him on credit. One horse got killed and the other was taken possession of by the Official Assignee. The horses were to be paid for within three months. Partly paid for the horses and partly gave provisions for them. Went to Wellington last July to get more goods from Mr Turnbull, but could not get them. Saw a party named Lansberg, who came up to Waituna with him. Took stock with him, and there was more than £100 worth there. — His Honor advised bankrupt to save up some money and make an attempt to pay his creditors. The examination was then declared closed. William Managh. — Mr Reade appeared for the D.0.A., and Mr G. F. Hawkins for bankrupt. — William Managh, examined by Mr Reade, deposed : He sold three draught horses to Mr Lowes for £85. Gave a bill of sale to Mr Simpson on these horses, dray, and harness. When he got the money from Mr Lowes, there might ! have been an unsatisfied judgment for £28 by Mr T. R. Chamberlain, of i Feildin?, against him. Stopped a week in Palmerston at Fitzgerald's, | but was not on the spree. Gave Fitz- ! Gerald a cheque for £3 for cash lent I and board ; also one for £5 and another for £7, all for board and cash lent. He was looking for work at the time. Borrowed money from Fitzgerald, because he bought a coat and other things. He borrowed money to pay to his friends from the country — not females. The examination was declared closed. Alexander Munro. — Mr Reade, for the D.0.A., examined the bankrupt, who deposed : He purchased sections 49 and 50, Block XIII., Apiti, containing 139 acres, at 30s an acre, half cash, balance in three years. Borrowed £400 on it and paid the cost of a house out of it. Mr H. S. Mnnro had sued him for the balance of the purchase money and got judgment, although he was not entitled to it for another eighteen months. Could have borrowed the money, only H. S. Munro had lodged a caveat against it. Got £150 to leave the place, as well as the A'4oo mortgage. Paid H. S. Munro .£37 out of the .£l5O for stores. Before H. S. Munro sued him the equity of redemption was sold to Mr Hankinß for £150, who leased the property back to bankrupt for seven years at .£SO a year, lending him about 160 sheep. Felled 70 acres of bush and built a fourrcomed house on the property. Owed D. Mcßeth £87, but did not put him in the statement because it was no use. Owed W. Mcßeth £28, but had not put it down. D. Mcßeth lent him a mare, which died on his hands. — The examination was declared closed. William Bellve. — Mr Reade appeared for the bankrupt, and applied for his discharge. — Bankrupt examined by His Honor, deposed he was working for wages at Eltliam. He had been married since his bankruptcy, as- bis parents thought it would be better. Since his bankruptcy, about £ 140 had been paid to his creditors by his father. — The D.O.A. remarked that although the amounts had been paid, the father had proved on the estate for the amounts. — By the D.0.A. : Bankrupt denied that he had any furniture before he filed, ready for his marriage. — His Honor said that this waa rather a bad case. From the public examination it appeared that kankrupt had incurred certain of his liabilities while he was in a state of bankruptcy, and he could only characterise his transaction with French as a " dirty one." He bought a saddle from French, and sold it for i' 6 cash, neither repaying French nor entering it in his books. He should consider himself lucky he had not been prosecuted, for although he was a young man he could not but know what honesty wns. He would express his opinion of the transaction by suspending bis discharge for eighteen months, and he hoped that this would be a lesson to bankrupt, so that in after life he would deal with his creditors in a more honest manner. H. S. Munro.— Mr Reade appeared for bankrupt. — In answer to the Judge, bankrupt said he had filed on account of the law action with A. S. Munro. He paid his creditors 10s in the £ and got three mouths' extension to pny the balance, but had to file. His father-m---law had bought the stock since the | bankruptcy practically for bankrupt, 1 and he had been paid half the purchase money.— His Honor ordered the payment of debts equal to 10s in the £ (including 6s in tho £ already paid) and the discharge would be granted. The Court then adjourned. — Standard. _____ ____^_