In Bankruptcy.

Manawatu Herald, Volume III, Issue III, 25 October 1890, Page 2

In Bankruptcy.

The first mee ting of creditors in the estate of Win, Parker, flaxmiller, Oroua Bridge, was held at tho Court house on Tuesday afternoon, before the Deputy Official Assignee, Mr G, J. Scott. Mr Mellish appeared for several creditors, Mr Banians for a creditor, Mr B. Spell man, and Mr Cook for the debtor. The creditors present were composed wholly of the employees of the debtor at the flaxinill to tho number of about fifteen. It appeared, from the evidence given by the debtor, that ho had leased the flu* mill troru Mrß. Spoilman at a rental of £4 per week and £20 per month royalty. Ho started with no capital, and during tho time the mill was at woik, six weeks, ho '

had ivceiv.-d no financial return from < it ; in faci tho mily m uev he had reiviv d was £B from Mr Spellmau a« money en*. .-\bout 23 or 24 tons of fibre h; d been prodi c d acthe •• ill ami hy arrang nieut 9 tons were talc n by Me illiiu, Rhodi s &Co in pivment fo»" s;o > s S'.spph'o ', and 5A- tons went t Mr S[>llm .nto iquiiatet c reni. Dn.injj c os^-exaujinat.on, the debtor aadmitt t d having b^en 'inink in F xto for five or :■ is days during tl>e tmKj the mil. was hi wok, and ■ lie nonchaiant air he a sum d during his examination called lorth soni. severe remarks from the D.O.A. who also said, alluding to the transactions ot the debtor that he had never come across such a piece of barefaced impudence in his life before. Evontually, after surpulusage of talk on the part of the creditors had been worked off, it was proposed that the debtor be publicly examined. The motion was seconded aud carried by 13 to 6— M. Times.