IN BANKRUPTCY.

Wairarapa Age, Volume XXX, Issue 8431, 1 May 1907, Page 6

IN BANKRUPTCY.

ESTATE OF W. I. SHANLY. The statement of W. I. Shanly, plumber, of G;eytown, adjudicated bankrupt, shows a deficiency of £222 16s 9d.~ The total debts are £3lB 7s 9d, and the assets are set down at £95 12s (stock in trade £l9 13s lOd, machinery £4O 17s 6d, book debts estimated to produce £ls, cash in bank £B, furniture £2O). The unsecured creditors are as follow ;„ public Trustee, Wellington, £132; Dr. Bey, Greytown; £37; Haigh and Sons, Greytown, £2B 6s; W.F.C.A., Greytown, £l9; D. P. Loasby, Greytown, £l3; Ballinger Bros., Wellington, £l3; J. E. Raisen, Greytown, £9; T. Q. Haycock, Maryborough, £lO 4s 6d; Pain and Kershaw, Marfcinborough, £9; J. K. Foxton, £6 13s 2d; Estate of /..Jones, deceased, Grey- , town, £6 3*.6 d; M. C. Madsen, Greytown, £3 18s; Wairarapa Standard, Greytown, £2 13s 4d, A. C. Nicol, Maryborough, £2l2s 6d; Wairarapa Age, Masterton, 13s; C. Phillips, Carterton, £1; Coe and Rhodes, Greytown, £1 2s; J. Hewson, «>arterton, £l7 9s;T Perkins, Grr own, 10s; F. Hawke, Pirinoa, £- 9s 3d; T.G. Underhill, Carterton, 8s; R. Workman, Greytown, 6s; J. Salisbury, Greytown, £1; A. and T. Burt, Wellington £3 8s 6d; Dr. W. H. Hosking, Masterton, £2 2s; Nicol Bros., Masterton, £l2.

ESTATE OF H. FLETCHER,

The statement of Henry Fletcher, who has been adjudged a bankrupt, shows that the bankrupt's debts amount to £246 6s' 2d. The only assets are book debts, which are estimated to pr< duce £22, leaving a deficiency of £2ii4 6s 2d. The unsecured creditors are:—H. Sava<>, , Wellington, £7 4s 6d; A. Lindsay, Wellington, £2 12s 6d; Townsend and Paul, Wellington, £4O; C. Williams and Co., Levin, £35 13s 8d; Gardner and Co., Levin, £1 13s; H. Catt, Carterton, £2 16s; A. H. Krahagen, Carterton, £2 18s; A. Stempa and Sons, Carterton, £lO 6s 7d; F. Stempa, Carterton, £1 Is lid; W. J. Lindop, Carterton, £7 0s 6d; T. Merson, Carterton, £1 18s 6d; Wallace and Masson, Carterton, £1 14s; A. Feist, Carterton, £5; G. A. Fairbrotber, Carterton, £4l 17s; M. •J. Hodgins, Lower Hutt, £10; J. Rodd, Johnsonville, £18; Mrs Auty, Porirua, £SO; Mrs Fletcher, Claregrille, £6 10s.

Bankrupt has submitted a written statement to the D.0.A., in which he states that he, started horse-train-ing at Porirua in'l9Cl, and did fairly well for about two years. He trained for Mr Baldwin, and xvJvr. the latter went to England in 1003 bankrupt took over his horses and raced them on terms. This speculation turned out badly, and the' bankrupt went to Levin and commenced training there. Ho did not do well in that place, and after being there for about ten months he removed to Lower Hutt. At the latter place he was unsuccessful at his business, and he ■eventually moved to Olareville. He took upftraining at that place, but his progress was hampered for want of capital. In order to' work up a business he took horses and trained them at a lower rate than usual. That was at a time when horse feed was at a high rate. He had been gradually going back, and his creditors: have been pressing him. It was on account of the pressure of his fireditors that he filed.