MEETINGS OF CREDITORS.

New Zealand Times, Volume XXXIV, Issue 5759, 13 September 1879, Page 3

MEETINGS OF CREDITORS.

An adjourned meeting of creditors of Clias, W. Langstone, commission agent, was held yesterday morning at the Supreme Court, Mr Hughes in the chair. Mr. Fitzgerald, who rpresented the bankrupt, made an offer of 10s in the £, payable by bills at six months, an that the guarantor would be in town o Monday. The debtor was not present. Several of the creditors objected to this arrangement as they had no faith in Mr. Langstone’s promises. One creditor related how he had been employed by the debtor to collect a lot of imaginary debts from people said to be residing at' fie ton and Blenheim, He also said that Mr. Langstone had told him once when he went for some money that the office boy was cut with the key of the safe, when it turned out that there was in reality no boy nor safe. (Laughter.) The Chairman stated that he had spoken to the debtor, who had told him to go dress. It was ultimately decided to adjourn the meeting, to enable the debtor to attend with his friend. Mr. Hughes having resigned the trusteeship, Mr. Dimant was appointed in his place.

A meeting of creditors of Martin O’Brien, boardinghouse-keeper, was held at the Supreme Court yesterday, Mr. Dimant in the chair. Assets were stated at £76, and liabilities at £321 18s. lOd. The only asset was the furniture, which was secured to Mr. Nicholson by a, bill of sale. - Mr. Dimant was elected trustee of the estate. The debtor deposed that Mr. Nicholson’s trustee had taken into his possession the furniture secured by bill of sale. This was before witness's bills were matured. The bed witness was lying on was taken away, and even the little coal in the cellar was taken. Witness knew nothing of the drapery accounts charged in his liabilities. He supposed that his wife had got the goods, but he never saw them. He did not know where his. wife was now. The last time he heard from her she was in Wanganui. He had paid Mr. Nicholson part of his indebtedness. He owed Nicholson about £l3O. He had no assets besides the £7O worth of furniture seized by Mr. Nicholson’s tiustee. After some further discussion it was decided to adjourn the meeting, to enable the trustee to make inquiries concerning the seizure.