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WHEN DOCTORS DIFFER, WHO SHALL DECIDE.

An answer to this may ho said to have been required ns between Mr F O’S McCarthy and the trustees of his estate. The differences of opinion wore as lo the value of some furniture, and at the sitting of the District Court the judge was appealed to for a little advice as to what had better he done. Mr Adams, who appeared to obtain an order completing the deed of assignment, said that creditors had passed a resolution, voting Mr McCarthy £3O worth of furniture, £5 more than was allowed by the Act. There was some dispute as to whether the furniture was to be valued at auction value or at a second-hand value. One cabinet-maker had valued the goods selected by Mr McCarthy at £65, but if they were sold at auction they would not bring £35. There had been a K t of furniture sold here lately, and it was difficult to judge what was its value. Mr McCarthy ; Vour Honor, may I speak a few words ? His Honor : What is your name ? Mr McCarthy : My name is Felix O’Sullivan McCarthy. This (paper produced) is Mr Cowern’s valuation, which is lower than the cabinet maker’s. Mr Adams: The question is how to arrive at the value. Mr McCarthy ; I asked for a third party lo value, but the trustees would not consent. There is a milk jug worth 8d they want to charge me eight shillings for. Mr Deane (trustee): If yonr Honor would look at debtor’s statement, yon will see that ho values the stock and furniture at £6OO. The stock was certainly not worth more than £2O That, left £SBO, of which debtor wants to get about half. We allowed him to take a friend in to value, without binding ourselves to agree with his valuation. Mr Arthur valued at retail price, and has taken off a large discount for the goods being second hand. His Honor: You could not tell hy auction what the value would be. Prices, varied too much. Mr McCarthy: If they considered Mr Cowern’s valuation too low, I offered to take £BO. MrDeane : Debtor makes no allowance for the clothingof his wife and family and himself which has been given him. As to the auctioneer’s valuation I mav inn"no viiiuon a £3 matlrass at 10s. 1 paid 18s for n worse one in his room the other day. His Honor; This is outside the application. Mr Adams : Yes. yonr Honor. His Honor: The heifer plan would be to value hy the shop price, and allow for the goods being second hand. This advice seemed satisfactory, and the subject dropped.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/PATM18840111.2.11

Bibliographic details

Patea Mail, Volume IX, Issue 1137, 11 January 1884, Page 2

Word Count
445

WHEN DOCTORS DIFFER, WHO SHALL DECIDE. Patea Mail, Volume IX, Issue 1137, 11 January 1884, Page 2

WHEN DOCTORS DIFFER, WHO SHALL DECIDE. Patea Mail, Volume IX, Issue 1137, 11 January 1884, Page 2

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