LIVED IN A SHED.

Manawatu Herald, Volume XLV, Issue 2564, 7 April 1923, Page 3

LIVED IN A SHED.

FOXTON CARRIER’S WORRIES. At the office of the D.0.A., Mr C. E. Dernpsy, yesterday, Wilfred Frank McDonald, carrier of Foxton, formerly a farmer, faced his creditors. Mr A. M. Ongley, appeared for the bankrupt, whilst Mr R. H. Cate appeared for the. Repatriation Department, Messrs H. Oliver and H. C. Walden being also present as creditors. The total debts were set down at £1,040 and the assets £1,537, showing a surplus of £407. The principal unsecured creditors were: Dalgety and Co., Hamilton, £29; A. Lancaster, Kairanga, £100; 11. Windsor, Hamilton £135; Franklin County Council £l9; A. Browning, Palmerston North £l9; Madame de Luen £700; W. Emslie, Pokeno £3B. Tn his statement, bankrupt said that lie had been in occupation as a farmer for about 12 months. When lie commenced he possessed four horses, plough, set of discs, and waggon, etc. He did not- have any cows on the farm prior to purchasing ten from Mr A. Lancaster, at £2O per head. Following this, he had made arrangements in connection Avith a partnership, the ten cows to go with the acres at Bruntwood. He bad been depending on his partner to stock the 208 acres, and was not aware that the man did not intend to come into the business until four months following his taking of possession. After waiting eight months Avithout being able to stock, lie hafl left the farm, but did not leave anybody in charge. So far as he knew the farm had remained nilused although he had told Mr Tom Biel that he could put some stock Hi the place. Bankrupt said lie had been trying to sell tbe farm ever since, and thought that it was worth £l2 per acre. A TWO-ROOMED SHED. There Avas no house oil (lie property but a concrete shed, containing two rooms, and eight bails. He was a married man with a Avifo and one child and bad resided in the shed. All tbe stock, which Avas secured to tbe Repatriation Department, was still at Foxton. The horses, ploughs, discs and wagon - ette bad been sold at Pukekobe 12 months ago, and the proceeds were used to buy Mr Podmore’s interest in the Foxton business. The furniture at tbe home bad been purchased for him by bis mother and was under security to her. He saw no prospect of making any money, and therefore could make no offer to bis creditors. To a creditor, bankrupt said lie bad never owned a motor-car, the one which be used being tbe property of Mr A. de Luen. The meeting decided to sell the farm at £lO per aci*e.