MEETINGS OF CREDITORS.

New Zealand Times, Volume XXXIV, Issue 5747, 30 August 1879, Page 3

MEETINGS OF CREDITORS.

A meeting of creditors in the estate of C. H, Langstone, commission agent, was held at the Supreme Court yesterday, Mr. James H ughes in the chair. The Chairman intimated his desire to resign the trusteeship, but it was pointed out that this could only be done by application to the Supreme Court. Mr. Stone complained that at the last meeting everybody seemed anxious for a full investigation, and now the trustee desired to get out of the matter. He and others had thought it desirable that a thorough investigation should be made, if only for the good of society. Mr. Hughes suggested that Mr. Forwood should take the position of trustee, but that gentleman said it was an unusual thing for a solicitor to undertake such duties. Mr. Hughes said he did not think he was himself competent to hold the position, and be did not think it should be insisted upon. The matter dropped, after some further discussion, and the debtor was then examined upon oath. He denied that there was any commission coming to him out of Guilford's estate, as Mr. Berry said there was at a meeting of creditors a day or two ago. He had claimed nothing from Mr. Berry. If the sale had been completed he would have been entitled to commission, but the sale was not completed. If Mr. Berry held any money for him he would be glad if Mr. Berry would pay it iuto the estate. There was no verbal understanding that he was to receive half of the commission, but that if he got a purchaser for the property he was to have a commission. If Mr. Berry had any money for him of course it was the property of his creditors.—Mr. Carl Peters asked the debtors a number of questions, going into his career lor years past, and the debtor declined to answer, also threatening to show Mr. Peters up if he did not take care. —Other questions were asked the debtor, one creditor desiring to know if Mr. Langstone had not obtained some goods from him under false pretences. Another creditor put a similar question to him, and called the debtor a brazsnfaoed scoundrel and a d d robber. Two creditors asserted that the debtor had obtained goods, and had ordered them to be sent, saying they would be paid for at once, but when they were sent he said his clerk was out, and had the key of the safe. A number of other questions were asked, and a variety of personalities indulged in, during which the debtor threatened to knock one of the creditors down if he touched him. The debtor made a lengthy statement, and said he would pay 20s. in the pound if he could get a backer. It was ultimately resolved to accept 10s. in the pound during the next two or three months if the debtor could get a good endorsement for that amount, and the meeting then adjourned, leaving it for the trustee to call another meeting if necessary.

A meeting of creditors of Messrs. Kod, Marks, and Saint was called for yesterday at Mr. Fitz Gerald's office, the business being to consider the debtor’s application for discharge. No creditors attended to offer any opposition to the discharge being granted. A meeting was held at the Supreme Court in the estate of Frank Felling, Mr. Danks in the chair. After some consideration it was decided to accept a composition of la. in the pound, cask