Second Edition

Patea Mail, 27 September 1882, Page 3

Second Edition

At Lyttelton, the Borough Council have decided not to co-operate with the Harbor Board in electric lighting. They prefer to let some other place try the experiment.

The Opunaki Lighter Company’s first annual balance sheet shows a loss, and this is to be made up by increasing the landing charges, some goods being nearly doubled. The new scale is to be this : 10s per ton weight; 10s per ton 40 feet cubic measurement; 20s per 100- bricks : timber, Is per 100 feet superficial measurement, from either boat or raft; timber carted to high-water mark, per 100 feet, Is 6d; all parcels, Is; passengers, Is per head. Goods to be stored at the risk of the owner, at the rate of Is per ton, or portion of ton, at rate of Is per week. The directors have also made a fourth call of £1 per share to meet liabilities. A question in bankruptcy arose at Wanganui in this form. Mr Willis placed some stationery with a person to sell on commission. That person failed, and the stationery was seized as an asset for the creditors. Mr Willie, however, sued for return of the stationery, and the question of ownership came before Judge Hardcastle yesterday, his decision being that goods held by a bankrupt for sale on commission do not become assets in the bankrupt’s estate.