MEETING OF CREDITORS.

Patea Mail, Volume IX, Issue 1131, 28 December 1883, Page 2

MEETING OF CREDITORS.

The adjourned meeting of creditors in the estate of T. ami A. Haywood was held yesterday afternoon, Mr E. C. Horner in the chair. The trustees’ report was read over to the meeting. It was to the effect that the trustees had examined the debtors, and that they had been unable to aseertnin the contents of the boxes sent to Auckland, and that Mrs Haywood would appear to be the only person i acquainted with the contents. The V&yiVA. vks&v yaV "assent ” to their "separate property ” being included in the estate, and that the trustees proposed taking steps to compel them to 'include their assets. The claims of* R. Haywood senr, and junior require investigation. So far, there seems no foundation whatever for the claims. The trustees would strongly recommend that the consideration of the debtors’ application for their discharge should be hold over until after the festiviiiig and holiday-making of the season have elapsed, and until the trustees have had a further opportunity of investigating the affairs of the debtors, and of obtaining information as to the contents of the boxes referred to. Reference in the report was made to the mortgage upon the property, and it was staled that the Colonial Insurance Company had been written to, but no reply bad been received.

A quantity of evidence taken before the trustees, was also read over by the Chairman. Mr R. A. Adams asked about the contents of the cases.

Mr Deane' said they had not gained any information. Mrs Haywood packed the boxes herself. Mr T. Haywood told the trustees that one of the cases contained a looking glass and whatnot. Mr T. Haywood explained that less boxes had been sent away than Mrs Haywood had brought with her when she returned from Auckland two years ago. There had been an inventory taken, and everything was in the house. Mr Taplin considered that MV Christie was perfectly justified in the course he had taken, and he thanked him for it. He had only heard one side of the question, and at first he was inclined to blame Mr Christie, but what he had learnt since had convinced him that the right course had been taken. Sending these cases away had a bad appealance. They were capable of carrying as much value as was now in the house in linen, plate and valuables. He considered the offer of Mr Christie to accept a settlement of £BOO or £9OO at 10s in the £ a very good one, and it should have been accepted. It was a liberal offer, and he would like very much to get an offer of that kind.

Some discussion here took plnce as to the proposals made between Messrs Haywood,and Mr Christie. Chairman said the question was the dissatisfaction felt at not knowing the contents of the cases. It rested with the creditors to say what steps should be taken.

Mr Tnplin moved the adoption of the report. Seconded by Mr Howitt. Mr Cowern explained that he happened logo down to Wanganui on the same day ns Mrs Haywood. He saw her luggage and lifted it into a conveyance himself. There were about 10 small packages in the train. Mrs Haywood said there were other packages and he wont to the goods shed and saw them. These cases would occupy a space of about four feet square.

Mr Christie said it was evident that some cases sent away had not been seen by Mr Gowern. One case took four men to lift it, and others two men. Candle boxes did not require that. The way bill shows the weight to bo 19cwt. Mr A, Haywood said they were wtlling all along to include their personal (fleets but they had never been asked to do so.

Mr T. Haywood said that there seemed to be an impression that Erskino had taken boxes before those he look when Mrs Haywood wont. That was not so ; only two cases had boon sent some time previously and those were taken by Williams, The trustee's report was then agreed to, with the exception of a clause relating to a house formerly belonging to Mr T. Haywood senr. It was decided to ask the mortgagee to hold over proceedings till next meetirg. There was a lot of discussion, irregular and excited at times, about the sections at Hawera and Otakeho held by the bank. It was proposed to lodge a caveat against them, but a division showed a majority of creditors in favour but a greater value against. Nothing could be done therefore. Mr Barton explained to the meeting that the bank first had to substantiate their claim and get a title from the trus e3S in whom the property was at present vested. The meeting then adjourned.