IN BANKRUPTCY.

Gisborne Times, Volume XXIII, Issue 1825, 4 August 1906, Page 3

IN BANKRUPTCY.

Mary E Beavis, in her stvemsnt in bankruptcy, says : —I began ns a butcher last No\ember, with a eaci'al of £3OO of my own money and £l5O advanced ma by Mr Ha l, who also agreed to finance mo ia obtaining the necessary strek to carry on the business. I purchased Mr D. Gordon’s butchiry business for tbo sum cf £450, of wh’eh £125 was goodwill,

tho balance being for plant, stock, oto. Tho business tueorodod fairly wo l till my guarantors suddenly stoppod my orodit, and milled ou mo to givo scourity for tho amount of tho indebtedness. Othor oreditots also began to press mo, and tho business consequently foil away, so I osllod a mtoting of my creditors ou July 31st, when it was rosolvod that I should file a petition in bnnkruptoy. Tho amounts owing to unsoourod oroditors totalled £3lO ltis lOd, and to secured creditors £B4B I ts til, less estimated value of srem-itios £431, shortage to oontrn £4t7 1-1 a fid leaving total debits £7Ol Us Id. Tho stooit in trade was o'timatod at £IOO Tho bonk debts woro £6OO, estimated to I produce £620, cash in band (used for pnrohus ng stuck) £l4 10?, furniture £25, I other propoity £7, total nssrfs £GGG 10s I D.fioieuoy £O3 Is Id. Tbu unsecured creditors arr : - G'shornr :

Williams and Kettle, Ltd., £52 17s 01, Clayton Dr is. £B2 8j 7J, E. Matthews (rent) £2l :>3, Lnau and Mercantile Agoney Co. £l9 ML, abattoir fens £IG ISs, W. J Cox ai d Co, £25 11s Bd, Gisborno Gas Co. £O, Primrose and L-elio £G Is, W. J. Barlow £0 17s 61, T. Guinn £5, Geo. liu-eko £6 5?, DoLautou?, 13-rktr and Stock £3 9s 2d, J. Toivnloy £LO 4r

SJ, A. Parnell and Ci\ £2 3s, D. J. Bushncll £1 10s GJ, Gisborno Sbropfarmora

Frozen Co. £1 17s 03, M. F. Bourko 12s 9d, G. Wildish £1 15s, O. J. Morell £2 12s Gd, E. Harris 18s Id, Okitu Baoon Faotory £2 2<, Nolan and Skoot £2 12s 03, A. P. Hailey £0 7s. Wages : J. IT. Gardiner £2 lGr fid, S. Eddels £3 15s, V. G. Garrad £4 7s Gd, F. Gardinor £1 10?, V. Curry 12s Gd, Auck’and : Hopkins and Co , £3G Gs. Melbourno : Falk and Co. £7 18?. Tho socurrd creditors aro : Frederick Hall, chattel security ovor plant, machi-

nery, nud loase, tho estimated value nf scourity being £395. and tho debt £791 3s 9d ; John H. Ormond, chattol security over horse and spring cart, estimat.’d valuo of scourity £3O, amount of dibt £57 14s 6d ; total estimated valuo cf securities £431 ; total amount of debts of creditors holding securities £B-18 18i3d.