MEETING OF CREDITORS:

Wairarapa Age, Volume XXXII, Issue 10274, 29 June 1911, Page 5

MEETING OF CREDITORS:

ESTATE OF PATRICK CARP*. A meeting of creditors in the bankrupt estate of Patrick Carr, farmer, of Rakautahi (Norsewood), and formerly of held at Dannevirke on Tuesday, in the Cosmopolitan Buildings. There were present: Messrs N. L'. Gurr (D.0.A.), G. H. Cullen, solicitor (representing several Masterton creditors), Hoskings, solicitor, Ormondville (representing the bankrupt), (P. Fitzherbert, solicitor, ' (representing natives), Gordon Lloyd, solicitor (representing natives), and Frank Carr, Mackie, Gleeson, Ole Ericksen, Hawera Tamahara, and Clark. , • The schedule filed showed the position of bankrupt's affairs to be as follows : List.'.of unsecured creditors :-<-Masterton (represented by Mr G. H. Cul- ' lien): Levin and Co., £146 14s 2d, A. R. Bunny £2O 13s yd, P. Hamill £5 2s, ..JP. Alpass £2 8s od,'. Farmers' : Implemerrfc-Gbmpany,. £2l 19s"ld, J. C: Ewington, £4O; not represented: .James Elliott, £2B, Robert Johnstone , :£ai2s,Dr.,Cook £6, H. Hadley £3 0s 3d; Norsewood: J. Mackie, £93 4s JBd, Ole, Ericksen £37 10s 2d, Hardy Brosv £7lss„ Barclay £8 10s 6d, H. - J. Newling £8 14s 6d, J. Chicken £1 i 0s lid, J.'F. Gleeson £23 2s; other j creditors: Inglewood Bacon Company i £l2 12s Bd, Hawira Tamihara £402 12s 10d. Total ass 2 ts._£s9o 14s Bd. I Unsecured creditors. £275 4s Sd;,estimated credit balance, £315 10s. Mr Lloyd (on behalf of the actual native owners of the land), moved, and Mr Cullen seconded: "That the D.O.A. decide the. claim of £402 12s ] lOd for the use and occupation of 1 F ; block in writing as soon as possible,! ! and for this purpose to seek independent legal advice."—Carried. j | Bankrupt, on oath, stated that he j I undertook h to mortgage stock to ; 1 Levin and Go., of Masterton, as i ; shown, in the document. Two months ' ago he went to ,;viewed the firm, arid stated that the stock was still on the property. RjealI ised the stock to clsa-r. the mortgage. I Did not know the exact number of I stoGk sold. By Mr Cullen: In connection with the-sale gave Levin ami Co. an order Jon the Loan Company for £IBO, and j - when the former firm wrote it learned i that there was a prior order for £lsQgiven on the Loan Company. I Bankrupt, continuing, stated he knew nothing about a .prior order. Paid the ; - ( H.B. ■ Farmers £l5O for !stock"boug'ht/ There was'no order given, but arranged with Messrs Bain and Hewitt. One of the draught horse's was dead. Another was claimed by his son, as also were.two gqldinjgsnow on the property. Out of ' ten young horses mentioned in the | schedule only four were on the proI perty. Four were sold, by his son. . plough about;six- j \ 'Of ■ Mw sets, of tine'' hair- : rows, "one was-claimed by his son. Had i no property in the harrow when he] ;under:took to mortgage it. 'A reaper and,binder and drill;were also claimed ! iby : ; |hfe-,:pf^perty,.- : but: [ w%a|-a x who took'iiKeml I His son William, who claimed various (chattels, was working* for him occasI ionally. Went into possession of the native land with £2OOO. '- Negotiated with Hawera Tamahara. and Whareraupp for the leasehold. Had not sufficient money to buy the land. Did not obtain a proper lease, owing to the board not approving it. The land was restricted. Was only to be leased to natives. Considered he had paid,, the natives all they were entitled 'to;. under ths arrangement made with them. Spent a considerable sum in improving the property, by stumping, ! fencing, and ploughing. Had a twoacre section in Masterton, which is mortgaged to the Bank of Australasia. Also had an jnterest in.nine acres at Te Ore Ore, thetitjiei.of.'w ; hic.h Avas . Some signatories wel*e *r«K ipijred'.,'J:" l 'Wa^i' stilj^ i& tKe- ' 'laWd/ Did '"not'own any other property in Masterton. • .".'."■: j... To Mr Lloyd: Wneii" up to Nbrse T I Svooij■''.arid : Started, fdrming in; April," i 1908. One son joined him as a snepj'herd on wages, but had no interest in j the stock. Another son joined, him. some eighteen months and commenced ploughing by contract. Neither had a share in the property. Occupied about's7s acres, but his stock was running over about 1400 acres owing to the property not 'being fenced. On one occasion had 300 head of cat- , tie and 1400 sheep. The natives were

, to receive £l5O a year for the lease of J the property. Was in occupation three j years. The first six months was to pay nothing on account of the drought. Since October 1, 1908* had been entitled to pay £l5O a year. Paid £337 10s by cheque. Sold out to Ruakau on December 5 last/ for ,£I2OO, £SOO of which was paid. He could not pay the balance, and returned him the £SOO on account of his not being able to obtain a lease of the land. Delivered stock to Puakau, sold sheep at Dannevirke, Makotuku, and Norsewood. Could produce a document re the sale of sheep at Puakau. Sixtyfour three-year-old heifers were inj eluded in the sale. Had transactions i with the Loan Company and the H.B. ! Farmers in stock. Had no dealings with other firms during the last six months. His sons had sold 100 head of cattle on - his behalf through the Loan Co. Had dealings with the Longburn Freezing Company in fat sheep. Stock had been removed from his property and had not been paid for. Did not report the matter to the police. His books were in.Masterton. Kept no book in which to record stock bought and sold. ' To Mr Cullen: Remembered his son selling six weanors at Makotuku. Frank Carr (son of bankrupt) deposed : Sold stock off the property during the last six months. Had the selling and buying of any stock. Kept ) the money for his own use. Was given a cheque for £133 by his father three months ago to cash. Gave his brother £IOO in cash to give to his father and kept the balance, which was for wages. Was not sure that his father-received the money. Was informed by his brother that he did. The cheque was drawn by the Longburn Freezing Company for fat sheep. , I To Mr Hoskings: Had not been oi: the farm since the cheque was cashed. ' Had been to race meetings. Was pos- , itive he did not meet his fathr in P|a.l- j j merston North. Received the cheque ( from his father in Masterton. Was j i entitled to the £33. Had witnesses to prove that he gave his brother £IOO \ in Palmerston North. Cashed the cheque at the National Bank. His i father did not tell him to bank the ' money. J To Mr Lloyd: There was about 800 sheep on the property when he left Saw stock on \the hills running wild. ! There was no fence dividing the property leased and the Ruahine ranges. Had cattle running on two different blocks. There were at least 80 cattle on the farm. Several horses had been sold within the last twelve months by him. To his knowledge two valuable draught horses had died. Did not' of any horses being lost. Had received .money for two horses sold. Was notworking on a fixed wage. His j father still owed him money. *' ,E. Clarke (bailiff) deposed: Had known tlif Carr family forthree year. . i Always found them fair neighbour* uIV r til recently; when he was put on. their, property in an" official capacity by the D.O.A. Twenty-six head of cattle J had left the place and had not teen accounted for. Understood Frank Carr" was manager of the place. Rememl- - 26 head of cattle being removed by Brisky about Easter. The property was securely fenced. There were no sheep to be seenJohn Gleeson stated that he had been at Rakautatahi for the past eight months. Saw 26 head of mixed cattle leave the bush about two , months ago. Counted them as they passed through a gate. Bii ky, Ha- , wera and Phillipine were in charge of I them. Understood they were to bo | driven to Norsewood-sale. Sis bond were sold by Frank Can- to Brisky. The Balance belonged^to Ca;r. Th« i sheep hare been all cold since the la. t muster. - y : This concluded the meeting. Mr Cullen desired to have the proceedings transferred to Masterton af- ' ter the D.O.A. had realised on estate at NoFsewood and secured a safe statement of the position of affairs. •' | The creditors present were adverse to this course being adopted, and it was eventually decided that the final meeting be held in Dannevirke.'