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Important Bankruptcy Decision.

1 (UNITED^PEESS?. ASSOCIATION % X £ V { '■% In'"tbji^^iߣrlc^/>O6nrt this itforning^ . Jiidg«^Rafwi^"^d6li^red judgment;,!!! rfhbcaße~~df,^Hii.mphri^i & Spri r jy7 the Deputy Ofißcial iA««i:heei This/was a .summons; to show cause- why the deck *Bion,, if | Jh'eH^eputy] ..Official f A>«g<ty;e m the estate ot E. R.JHumDhrW&'Son',. m (rejecting proof of the claim- of. -Wil-, liart B»yley for £2,628 r 16s, should ifof 1 be) reversed, and w.hy the* Deputy Official Assignee 'should hot pay- the coßts thfereio. VThe clsLith wasior;\a JrillvioH £2,135, given by William Humphries to hilp wife, and endorsed- by her to William Bayley^nritn the interest at 12£ per cent, thereon. His Honor, m sustaining, this,; disallowance: of; proof by the: assignee, and refusing ;to ; reverse:, it, snid'-:— "To'hold;such a secret and .extraordinary transaction as that valid would interfere seriously with commer-cial-transactions, for it appeared to binr that the whole' nature of the daim on ithe part of Mr William Humphries was of the wildest character, and he regretted so much of the estate should have to, ba expended m ; rei»fiting r ;so prepos- ; a claim." : This order carries Notice of appeal was given;- -

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MS18860326.2.10

Bibliographic details

Manawatu Standard, Volume XI, Issue 1668, 26 March 1886, Page 2

Word Count
182

Important Bankruptcy Decision. Manawatu Standard, Volume XI, Issue 1668, 26 March 1886, Page 2

Important Bankruptcy Decision. Manawatu Standard, Volume XI, Issue 1668, 26 March 1886, Page 2

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