In Bankruptcy.

Manawatu Herald, Volume III, Issue III, 6 December 1890, Page 2

In Bankruptcy.

i'iik adjourned meeting or creditors in the estate of 11. H. Elbeck, flaxmill- r, was held before the D.O.A. Mr G. J Scott, at tho Courthouso yesterday afterno m. There wero 12 creditors present. Mr Hankins appeared i or the D.0.A., Mr Crump for the debtor, and Messrs Cooko and Hawkins for different creditors. Mr t'ooke asked the creditors to decide whether or not the re mrt shou dbe pubdely announced. Ho advised that it should not bo mad.* known to (he lueetiiu then, seeing that Mr Peppin wns present, and ie

would bis ii v.-.ry foolish pr< ceedings 1 for on'! u.'|>- to di clone its whole t c use f> another at that titago ill the c event of a lav/wuit bung entered up- i in. lie did nut any that an action l Would b.-j commenced oi that it 1 would not, bit h<: thought it would. ■ bo vory injudicious to place the re- ] port before (In, civil tors. He «;;•';• < gcstod Unit tiie report be made m 1 writing to the Official AfiHifj/ite, who ; ; eoubl net on ifc '<>.-'■ be thought | ' lit. Affer a lengthyconver'-aUonal discussion, it wiui decided that Moishph Cohen and Ifaydon be appointed supervisors of the estate, and that the}* be ouipowcred to recoivo aud act on the report of Messrs Baker and Cooke, but if tho report advise h'ga! proceedings, a further meeting of the creditors be cal'od together. 'Die D. 0. A. said ho had sold part of the flax, and he would soon be in a position to pay the workmen part of their preferential claims. — 31. Times.