NOT ENTIRELY SATISFIED

Sun (Auckland), Volume II, Issue 500, 1 November 1928, Page 1

NOT ENTIRELY SATISFIED

CREDITORS STAND FOR OPPOSITION SISTER QUESTIONS DEALER Creditors of Edward George Meynell, machinery dealer, of Huntingtree Avenue, Edendale, this morning were not entirely satisfied with his conduct. “| certainly think his discharge should be rigidly opposed,” said one of Meynell’s questioners.

After a lengthy examination, bank- j rupt’s affairs were left to the official , assignee, Mr. G. N. Morris, for inves- , tigation. “If any other creditors apart from j those listed come forward new light < may be thrown on the position,” Mr. < Morris said. ( Bankrupt admitted that there were one or two debts he had not men- i tioned. He vigorously denied that i he had spent money at race meetings, j Meynell was questioned by his sister regarding transactions between them. “My dealings with her were just , brother-and-sister affairs,” ( he ex- * plained to the assignee. “It looks as though Meynell’s affairs ] should be more than simply opposed,” . said one creditor after bankrupt’s , financial position had been closely , examined. Meynell said that he could not make any offer at present. “I would certainly pay if I had sufficient work,” he said. “WORK CAN BE FOUND” Mr. Morris: Auckland is a big city and you’ve got to know that t*lie man who goes o\it to find work is the man who gets it. When you find work, I’ll expect you to advise me. Bankrupt’s debts, unsecured, were £IBO 6s 6d. His only assets were book debts, amounting to £2O 17s 2d. and the deficiency was £159 9s 4d. Meynell said he had been a bus proprietor formerly, and started in 1924 with £SO capital. One of his buses used on an Auckland run caught fire, and he bought another, paying £2do deposit. His buses were stopped running in Queen Street and his takings fell off by halt. He moved to Wellington, but his three buses were seized. Bankrupt next tided to make a living at Hamilton, and then was on a community bus service m Auckland. There had been considerable sickness in his family. A son and his wife had died. He married again and now had four children to keep. He was on casual work only and could not make an offer to his creditors. . Lack of capital, sickness and misfortune in business were the reasons given by Meynell for his failure. Questioned by the assignee, bankrupt said he had kept no books. “I was just on the road and didn’t think books were necessary,” he said.

Meynell went on to say that he owed £BO when he returned to Auckland in August, 1926. Soon after, he married again, his second wife having thre<§ children.

No resolution was passed, and Meynell's affairs were left to the assignee. Further information will be found.