IN BANKRUPTCY

Southland Times, Issue 21092, 26 May 1930, Page 9

IN BANKRUPTCY

LABOURER’S FAILURE. ADJOURNED MEETING OF CREDITORS. “I am going to call upon you to pay me £3 a week till your employment ends at the Makarewa Freezing Works. If your wages decrease you can come and see me and I will adjust it,” said the Official Assignee (Mr H. Morgan) at the conclusion of the adjourned meeting of creditors in the bankrupt estate of Thomas Howard Jarvis, of Invercargill, labourer, held on Saturday morning. Mr R. Stout appeared on behalf of bankrupt, while Mr S. Ritchie represented J. F. Forde, a creditor. Only one.other creditor was present. Cross-examined by the Assignee, bankrupt said that between his first and second bankruptcies he had kept no books. He was not in business of any kind during that period. Apart from a small amount he had no money saved and had no Savings Bank account. He had borrowed £69 from Mr Dunn in order to secure discharge from his previous bankruptcy. At the time he had told Mr Dunn that he was an undischarged bankrupt and that the money was for securing his discharge. His intention was to go to Australia if he could get work there. To Mr Ritchie: He had come to Invercargill early in 1927. He had bought the house from Mr Forde in 1927. He did not have the house before he got the motor car. He did not tell A. Russell and Co., Ltd., that he was an undischarged bankrupt. His pay was increasing during the last month as he was improving on the job and was becoming faster. He had not included in his bankruptcy certain small bills, which were weekly. They were not owing at the time of his bankruptcy. As an average the weekly' cost of medicine for his mother would amount tb 10/-. Mr Ritchie: You have had £8 12/6 a week coming into your house for some months. To the Assignee: He did not gamble and he had never had a bet on a racehorse in his life. In connection with.buying the car, he could not swear that when he bought it he was discharged from his previous bankruptcy. The Assignee: The book shows that he made the first payment for the house in August, ,1927, and he was adjudged bankrupt in September, 1927. The house may have been an asset in his first bankruptcy. The Assignee: £9 15/- a week has been coming into the house and your expenses are £3 3/-. What have you been doing with the balance? ' t Bankrupt: Wages will not be so high soon. There .will be scarcely any money coming into the house soon. The Assignee said that if the bankrupt were to apply for a discharge he would certainly recommend the Court not to discharge him unless he paid some of the money owing to the creditors. He adjourned the. meeting sine die.