MEETING OF CREDITORS.

Poverty Bay Standard, Volume X, Issue 1247, 15 January 1883, Page 2

MEETING OF CREDITORS.

A meeting of Mr C. D, Berry’s Creditor* was held this afternoon at the Court house. Mr W. Adair, who was in the chair, read the minutes, which were confirmed. Mr Croft read a statement of Mr Berry's indebtedness to the bank, which was £5,560 16s 5d Also a list of the securities held, Mr Nolan objected because the statement was not verified by an affidavit. Mr Croft read a certificate from Dr Pollen which stated that it was through the advice he had given, Mr Berry left for Auckland. In reply, the securities held by the Bank were stated as being estimated at £3,300. Major Pitt proposed that the meeting be adjourned for a month. The Chairman said he WM not satisfied with the statement of assets. Mr Berry said that the Government took away the contract for the Government Safe from him, he did not throw it up. Mr Ward asked that the meeting should either vote for Mr Berry’s discharge, or against it, at the present time. Mr Joyce asked if the adjournment would be beneficial to the debtor or detrimental to the creditors.

Mr Nolan pointed out that if there were no other sitting of the District Court iu Gisborne, it would not matter, Mr Nolan urged that a full statement <if accounts should be placed before the Creditors. Mr Croft said he had not had an opportunity of going over the accounts. A long discussion ensued as to whether the meeting be adjourned fora month, Major Pitt moved to this effect, and Mr Nolan seconded it.

The Chairman was of opinion that the meeting stand adjourned. Mr Joyce was of opinion that the bankrupt should be examined. Mr Boylan proposed as an amendment that the meeting be adjourned for four days. Mr Joyce seconded the amendment. The Chairman thought there was too much mock sympathy. Mr Boylan objected to such a remark. Mr Joyce was anxious that a proposition to the effect that the creditors recommended the debtor’s discharge. Mr Browne said he thought Mr Joyce was right, as the meeting was called for a specific purpose. A long conversational argument ensued. Mr Cresswell seconded Mr Joyce’e proposition. The Chairman then put the motion, which was carried by a majority of 2, viz., 17 for, 15 against. Mr Nolan asked that a note of his objection should be taken, which wae duly noted. Mr Taylor asked about some nine horses which were sent off, and what had become of the money. Mr Berry said he had sold them to Mr Aislabie, and the loss was £l6. The Chairman thought Mr Taylor was right in getting information. Mr Berry said he would supply it to Mr Taylor. He would like some of them to speak in his presence in the same way as they had done behind his back. Mr Taylor asked what had become of a team of bullocks. Mr Boylan said that the bullocks where his, and hearing that there was likely to be trouble, he naturally hurried to Ormond to secure himself. Mr Taylor asked how about a cheque which he had heard had been given for £6O, after he (Mr Taylor) had obtained a judgment against the debtor. Mr Berry said that he had not given a cheque for three months. A vote of thanks to the Chairman brought the meeting to a close.