CARRIER’S AFFAIRS.

Taranaki Daily News, 21 September 1922, Page 6

CARRIER’S AFFAIRS.

ESTATE OF DECEASED BANKRUPT. SOUTH TARANAKI CASE. A meeting of creditors in the bankrupt estate of Alexander Campbell. mo.’or lorry proprietor, of Otakelio (deceased)* who was adjudged bankrupt on September 6, was held at th a a6scc of the D.0.A.. Hawera (Mr. R. S. Sage), on Tuesday. The estate was an involved one, Campbell having carried on business as a motor lorry proprietor until his death, when his sons continued the business. ■Some of the debta were incurred by Alex. Campbell and some by the sons, so that at the time of the meeting it was not possible to make a definite or precise statement.

Following is a list of the creditors: Masters, Ltd. (Stratford), £l4B 18s; Welsh, McCarthy and Beechey, £5 13s; J. Blake and Sons, £l3 Is 9d; Pratt and Chalmers, 7/-; Jury and Co., £3 13s 6d; Levin and Co., Ltd., £l2 12s; T \V. Armitage (Manaia), £6 5s Id; Dr. J. McGhie, £6O 10s Gd; Bennett and Sutton, £.3 ss; N.Z. Railways, £2 16g 4d; Masters, Ltd.. £.3 8s; H. R. Kemp, 17s Gd; Medical Hall (New Plymouth) , £1 Gs Gd; Nielson and Son (Manaia), £4 5s Gd; Houla-han (Okaiawa), £lB 13s 9d; E. Taylor, £2 2s 6d; W. G. Williams (Okaiawa), £1 Is 9d; Mortlock and Co., £32 Is 3d; F. Gillanders, £1 15s; Comerford and Co., £9 Is 9d; L. Rowson, £4 2s Gd; Farmers’ Co-op., 17s 3d; W. A. Parkinson and Co., £8 0s Gd; Mrs. H. McVinnie, £\33 15s; New Zealand Dairyman. £1 Gs fid; Tapp and Son, £lO 0s sd; Walters and Ashley (Normanby), £24 l(?s; Christie and Co. (Manaia). £4OO (plus interest); John Meldon, £l5 14s lid; J. G. Craig (Manaia), £2 4s; Farmers’ Trading Co. (Auckland), £lB 9s 6d. Furthen unsecured debts brought the total unsecured to approximately £llOO. A debt of about £650 to Mrs. McVinnie was secured.

The assets consisted of sundry book debts £B9 7s 7d (grass), two motor lorries, and a motor car. The Garford motor lorry had been seized by .Masters, Ltd., under a bill of sale given by Campbell Bros. Mr. Bennett, who represented Messrs. Christie, Nielson and J. J. JVleklon, said that his clients wished to have the matter thoroughly probed. The fact that Campbell, senr., had given a mortgage of £2407 in exchange for two motor lorries, established the fact that the motor lorries belonged to the estate of deceased. Mr. Bennett had been instructed to question the right of Masters, Ltd., to seize the Garford lorry, which, it was stated, Masters, Ltd., contended they were entitled to do, as it was claimed the bill of sale was regular. Mr. the Garford lorry might, in its present state, be worth £75, while the other lorry was minus an 'engine. None of the creditors attempted to place a value on the Chevrolet car. On investigation it was found that the majority of debts in the list were incurred in the name of the sons, Campbell Bros., and such would have to be erased, as they could not be lodged against the deceased Campbell. On the motion of Mr. Christie, it was decided to take action against Masters, Ltd., for the return of the Garford motor lorry, the creditors to meet, all costs in connection with the action pro rata. Tt was decided to ask for an explanation of the financial position from the widow and the sons. The meeting was then adjourned sine die.