THE BANKRUPTCY COURT.

Manawatu Times, Volume III, Issue 102, 20 December 1879, Page 3

THE BANKRUPTCY COURT.

• |jßof ore la is'Hqiipr . Jiiii "eJGLarfieasfcle,] ' \ Eb TaoiiAS — This vraV a inptiou fj)i\ diroetidm under theiStfviJ^rt Uljlr^tioriSiof the Baukroptcy Apt, 185|S. V ' Mr. who appeared "ifdr t.lie'-TrU?t^'6^a ; tfrat. the Bankrupt^ iiaH" rotttriieii.iiw *cleKf>\ a^jV liabilities- as .rfovne|lriiig uiVffev :^7Do," bu.fc tliiitgß.ubseqneabU' lini;^bad^beeii top/iex^d certain parties wKo ' islairaec! 'to ' be creditors upon promissory** lipiies .-; mftflo. in |b.eir faror by. the B.'iiiki'Lip'v'^ wife; amjunt_feg lp ; a fuctliersutu of J51290., riiat tW«

were pending cerfcaiu issues to be tried be--twoen one of the.*, creditors -.----so claiming /(Messrs. Loiidon, .Haybittle, & /Co., of Feildins) whicii would uptbe decided until uftcr the expiration of six xnonths, within which the Creditors' Trustee was required 1 to distribute the assets in hand, and ■ this difficulty presented itself, that pending s.uch inquiry the Trustee could not admit such oh>ini3 by the wife's, creditors, and it wai inexpedient to reject thenj, pn account- of. costs which' might be incurred in contesting each separate case. '". Mr. Hawkins, read an aiiidiavit of the Trustee setting forth certain facts in support of the above, ' and asked for Borne directions iiv the matter. . After argument, the Judge stated that he could '! not, in the face of the questiens to be tried in th*e form 7 of issues, .referred ito^aboye, order that any part of* the estif».te should '„ be i d isiribu ted; The Judge conßidered that in ■tlie36 and kindred questions the : Trustee should act^ upon his dyy n responsibility ; and so long. as it appeai-ed to the Qpurt ..If lint the Trustee acting: in the interests of the Creditors' to-. thejbesfc of, liis'judg:imeht,/he would be protected. His. Honor refused to make an order. , Mr., Hawkinj stated, that .hia end had bee:a a»s,wei:ed not: withstanding,* as . should any cr«ditbr,,apply to the Courfcjitwqijld bo within the Court's knowledge that; this appUcatioa. had been made. His Honor said that at the proper jLjiue the Trustee sliould call a. meeting of fche creditors, and explain, under Section 108.