IN BANKRUPTCY.

Stratford Evening Post, Volume XXXVI, Issue 30, 10 June 1913, Page 5

IN BANKRUPTCY.

f . ;■; >", b,:, 1 . ;,v,.v ;-.., ■; > ■■; RESTATE OF F.'GQOCH.' 1 ' lAn adjourned, meeting of* creditbn I the above estate Was held in th» Bee of the D.O.A." 1 (Mr AV Coleman, lis morning, when -there were pre jiti Messrs. R. Spdrice (representing le bankrupt, who was also in attendee©), Newton King,' W. Mudford, R. (asters, and W. S. -Ca'to (Bellringei Id-Co.). (The object of the adjournment .was. [enable a statement of Mr King'; klktgs with the estate to be placec wor© the creditors, and this was subdetail.* The bankrupt's po |iou was reviewed by the D.0.A., it jing shown that amount (£75) of the lie of a motor car, as well as a few funda from other sources, was it jiiid, and that the book debts wert lout £9OO, the latter, however, produce approximately ►to £250. The proved debts x ai' My amount to £505. Mr Newton King stated that it was s purpose to be present to clear up i position, and he courted the f ullesi instigation. As a matter of fact, he |ttitted, he had no occasion to sup-

uethat Mr Gooch's affairs were sc reived. He had made cash payments hundreds of pounds up to within a W months of the bankruptcy. The ok debts on the surface appeared be safe, but there was no telling iat they would produce. . Uhe meeting appeared to consider explanation eminontly satisfactory there was little discussion. Several »ditors, it seems, had had their urns satisfied some months before e date of the bankruptcy, various attels having been sold and the proeds' paid to satisfy the claims. Had Is goneon much longei*, there would t have been anything left to reaj» upon. Those creditors in the es£e who had taken a firm stand had sen satisfied, while the lenient ones 0 suffered., The D.O.A. stated that fere was a probability of the estate lying 10s in the £.