DEBTOR’S METHODS.

Hokitika Guardian, 20 October 1923, Page 1

DEBTOR’S METHODS.

A WELLINGTON BANKRUPTCY. WELLINGTON, Oct. Iff Further action was suggested by ihe creditors of a Wellington cabinet-mak-er. Thomas If. Suit-hard, at. a meeting. Bankrupt's statement showed Hint he started in 11)21 with 241)1). lie suffered for a while from ill-health cm! lost his wile, alter which he gave ep his business and endeavoured to sell i< a: a "oing concern. In Septeinhir '■ ■ •-old Up l'\ auction. tile, lie! I'ctUl'- Icing Ll.'lll. out of which he paid expenses in connection with his iv'ne'death and other expenses, leaving a

sum of 225. There was 225 ti owing to unsecured cieditors, while the only asset was ihe sum of 225, which wa-: handed to the Official Assignee. Bankrupt admitted that there was yet in H.e auctlon room a sideboard valued at 217. lie had a lease of liis premises, hut tin- lessor Imd taken the pn-mis is over again. One of the creditors had advanced him money to return fr.nn Auckland. This was conduct money on a judgment summons. He decided to file w hile in Auckland and atlenva" Is aeeepied the nionev to return, (hit ef e|:ji) 111- received tor tiie auction >..le he paid 212 Ills for a headstone for ids w ile's grave and Iff) Ms lor two enlarg 'd photographs ol her. lids was shortly after his wife died. Mr 11 a v (for a credit'll): That L 2IM for things that were ahsolui-'iv unnecessary. Bankrupt: My wile was the biggest creditor. She put the 240(1 in the business. Bankrupt also stated Hull he hid not care what happened when the stick was auctioned and took no account „f it. lie did not care what happ-md now. The Assignee had occasion In re in a k that bankrupt must answer quest 1 , -ms and not he cheeky. Bankrupt said Ids trip to Auoldi'i,. with hi- child lasted for a fortnight and cost about L2O. in addition to the 25 In- got in Auckland to come back. He went to Auckland without loin ig his landlord that he was giving up the premises. Two of the creditors staled H. : bankrupt had told them that he llad a Government position lo go to at 28 10s weekly. Bankrupt denied this. The matter was finally left to HrAssignee with a suggestion that a s.<pdaughler and others should he interviewed with it view to further ac-ibn