Page 3 Advertisements Column 4

Poverty Bay Standard, Volume I, Issue 36, 10 January 1884, Page 3

- I. A U K / « 4_ .1 . ’ ' t ••_..» .. t An IM’ (a’tnubv —u* tl ' ntin' <i, he xt Mr. Aiblabie’l, Bulciiui), la uow prapHiaU to tkuCute nigl. y-iihibln d Photographs at pricua most nioilriutv. Views of Gentlemen’s Residences, Groups* and Children taken successfully by the most recent Instantaneous Process. BSS yy rjY a t t Y, CIVIL & MINING ENGINEER, AtTaoßKisb ,'a» ticaxsuiD Svuvxtciu Eaton Villa, Glaotloue Bead, 907 OOMMON, SHELTON AND CO. MERCHANTS, STOCK AND STATION AGENTS, And ' GENERAL COMMISSION AGENTS. Gtseounk. AGENTS FOR— South British Fire and Marine Insurance Company ol New Zealand Littla'a C.kl»a»d Non-pvlsmiuus Sheep Dip New Zealand Shipping Company (Limited) East Coast schooners Gisborne and Waiapu Cash buyers of every description of Produce Cash Advances made against Stock and Station Securities, and against growing Clips and Crops. 884 Miscellaneous. BLUE RIBBON PICNIC. BOATS to the above Picnic, to be held up the Waimala River, will leave the Ferry at 9 a.m. on Tuesday, the 15th instant, Tickets 2s. 6d. which can be obtained from the Secretary and Committee, W. THARRATT, 914 Secretary, DISSOLUTION OF PARTNERSHIP. NOTICE is hereby given that the Part, nership hitherto existing between GEORGE GREIG SMITH and MELVILLE BABINGTON SMITH, both of Popart*, Poverty Bay, Sheep-fanners, carrying on business under the style of “ Smith Bros.” has this day been dissolved by mutual consent. Dated this third day of January, 1884. MELVILLE BABINGTON SMITH. GEORGE GREIG SMITH. Witness— Fbedk. J. Shelton, Merchant, Gisborne. 894 TO MY CREDITORS AND THE PUBLIC. NOT one of the three ground* set forth in the Deraid of the Sth instant it the ground on which assent to my discharge has been refused. Not one of those three wee even proposed on the 2nd instant, much less carried, as the reason tor refusing my discharge. I was prepared at that meeting to answer all questions put to me, but no question about any of the many matters laid to my charge by the Herald, er affecting the propriety of my discharge, was put to me, and the only accusation made against me was Mr. Boylan’*, that I had improperly paid the contractor. Then Mr. Shelton said that I was incompetent to trade, and the creditors ought to prevent me from trading, and that he would, therefore, move, “ That in oonaequence of my reckless trading, I be not dis. charged for the precent." That resolution was passed by the only four creditors present, exclusive of Mr. Graham, who was in the chair—namely, Messrs. Bennett, Boylan, Shelton, and Moore. Neither they nor anyone else intimated to me that that waa a ground requiring explanation by me. They had never accused me of it, or mentioned any alleged instance of it. Mr. Boylan did say that Mr. Bennett and himself and some others of ths creditors had, a fa* days Wore, held a private meeting about me. That meeting was not advertised. I was not at it, Whether the string of matters requiring ex. planation set forth in the Herald were draws up at that meeting Ido not know. Whether it was so or not, the explanation was nsvsr asked of me, either before the public meeting of the 2nd inet. or at it. The article in the HtraU would lead anyone to believe that the many accusations in it had been made at the public meeting of the 2nd inst., and I failed to answer them to the creditor*' satisfaction | but it is not so. As to th* accusations them, selves, Mr. Bennett, one of the trustees, said, at the meeting of the 2nd Inst,, that they had got in six shillings in the pound, and I had greatly contributed to that result, and had got in the book-debts very well. I cannot say that I have never had to sell without profit, for I once bought some maise, and, though I sold a third of it at a profit of £lO, I had to sell the rest at a loss ot £60 1 but, with that exception, I can safely say that ia no instance did I ever sell without profit. The figures about Carr’s estate are all wrong. Th* £5OO ought either to be £lB7 or £2l81 th* £BO ought to be £65; the £l2O ought to be £79. The facts are that I bought from Carr’s trustee £lB7 of book-debts and £76 of promissory notes for £65. I thereupon reasonably dealt with £79 of those debts as my awn. When, however, the fire which ruined me pre. vented me from paying the £65, and I would not give Carr's trustee a preference over my other creditors, he threatened to prosecute me criminally for having dealt with the £79 as my own unless I paid him £BO. Some friends of mine were then kind enough to help m* in my distress, by binding themselves to pay the £BO so exacted from me. Thus my oremtors have benefited, for the £79 received by me was paid away in due course of business before I failed. Thereby I lessened my liabilities by the same amount. On the other hand, the £BO exacted by Carr's trustee has not, and will not be, paid out of my bankrupt estate, but has been paid by my friends, and will have to be repaid to them by me, and I shall never get £5 from those book-debts which Carr's trustee assigned in consideration of the £BO he exacted. As to the land whieh I sold to my brother, I sold and transferred it to him about the middle of 1882. It thenceforth stood in the Land Transfer Registry in his name; therefore, there was not and could not be any deception. It was not till April, 1888, nearly a year after the transfer, that the loan from the Borough Sinking Fund waa applied for, and only a week afterwards the mortgage was executed by my brother—not by me. It is imposeibleAhat there could have been any deception. Mr. Nolan was the solicitor. It is quite wrong to say that he understood that I was the borrower. I did not fall into insolvent circumstances for more than three months afterwards. It was the fire of the 2nd August, 1883, that ruined me. i have never withheld information from the trustees, or been backward in giving it thpm. On the contrary, I have answered, ful|p and fairly, every question they have put to me. The only time when they ever asked me for information was about two months ago. They invited me to Mr. Bennett’s office, and then, in the presence of Mr. Shelton and Mr. Thelwall, at some length questioned me, among other things, for whom I had that day bought 1 some tallow. After questioning me for a l*ng ’ time, they put me on my oath, and then pur- ' sued their questions and wrote my answer* down. I freely answered every question they j put to me, and they have never since applied to me for any further information. ’ ‘ •' rf.'M. 088.