RUNNING A MOTOR CAR.

Manawatu Herald, Volume XLVIII, Issue 3620, 31 March 1927, Page 2

RUNNING A MOTOR CAR.

VIIAT AN OFFICIAL ASSIGNEE THINKS. Auckland, March 30. “A man earning under £SOO a year can’t run a ear.” This statement was made by the Official Assignee (Mr G. N. Morris) to Charles Benjamin Steele, a bankrupt, who was under examination this morning. “It’s upkeep would be £2 per week,” said the Assignee, “and if it is a second-hand one such as yours, then expenses are liable to be more.” Charles B. Steele, who desreibed himself as a linotype operator, was to have met his creditors, who are all in Palmerston- North, Wanganui and Napier. There were none present, however, and the meeting was adjourned till a future date. Bankrupt’s schedule showed that his liabilities (all unsecured) were £55 18s 2d, and his assets nil. His statement showed that’ he was a married man with four children, whose ages ranged from 14 to 4 years. He said he had failed on account of -“being persuaded’, to buy a second-hand ear in Alay, 1926, the price of which was £llO. He had undertaken to pay it off at the rate of £5 per month, hut to complicate matters the firm from tvhom he bought the car gained judgment against him for sums of money for repairs. The Official Assinee: “What are you prepared to offer? Bankrupt: Ten shillings a week. I do not want to “beat” my eredii ors.

The Official Assignee: Well I don't sec how you can do it on £6 per week wages, but we shall see how you get on.