DISTRICT COURT.

South Canterbury Times, Issue 2362, 12 October 1880, Page 2

DISTRICT COURT.

TIMAIIU —THIS DAY. [Before Ills Honor Judge Ward.] IX RANKRUI’TVY. lie John Hall, a debtor. Application for an order of discharge. Air Hamcrslcy appeared to make the application, which was granted. lie William Macdonald, a debtor. Application for an order of discharge. Mr White appeared for the debtor ; Mr Tosswill appeared to oppose on behalf of the creditors and the trustees. William Macdonald, the debtor, deposed to a meeting of his creditors taking place at Waimate on June 14. Mr James Bruce was a creditor to the extent of £24, and also creditor’s trustee and he summoned the meeting. Witness did not know what creditors got notice of the meeting. Some of the creditors were in Dunedin. Witness’s brother was a heavy creditor in the The stock-in-trade and goodwill of the business at Waimate were sold by auction and realised £290. This money witness paid to his brother. The book debts he also assigned to his brother to whom he owed £493. They might be worth from £l2O to £l5O, The principal creditors were paid out of property belonging to witness at Wai-

mate. Ho made a proposal to them that he should make over the Waimate property to them, undertaking at the same time to settle the smaller liabilities himself. His proposal was accepted. Disputed one claim, that of Henderson, Low and Co, Dunedin. Witness had backed a bill for a man named Bourne, which bill being dishonoured he (witness) was asked to meet. Witness concealed nothing from his creditors at the meeting. Laid a plain statement before them of assets and liabilities. Robert Macdonald (not the brother of the debtor) stated that he was present as a creditor. They accepted the offer of the Waimate property, which after satisfying the mortgage on it would pay about 15s in the £ they imagined. William Jameson, one of the trustees, said that the highest price the trustees had been offered for the property was £llOO. This would pay iihaut 4s in the £. Counsel having addressed the Bench, His Honor briefly commented on the evidence adduced, laying stress on the fact that the debtor had made over to bis brother every shilling he could realise. The debtor's certificate would be suspended for twelve months.