MEETING OF CREDITORS.

Wairarapa Age, Volume XXXII, Issue 10491, 30 November 1911, Page 5

MEETING OF CREDITORS.

ESTATE OF E. C. HARRIS .

A meeting otf creditors in the es/tabe of Edward Georges Harris, fa<rm«<r, of Mastertoni, bankrupt, was. heUU in- the Mastertotn Courthouse yesterday, Mr W. JB. Oieaindlls, D.0.A., presiding. The Ifblillowiiig iired&tors were present:— Messrs J. C. Ewington, J. W|alsh, Smith and Co., F. J. Dupre, C. E. Dadiel'l, C. S. Graham, J. H. Pawling, G. 0. vSiMtimeireJl, and D. CasetJberg. Edwaird George Harris, on oath, sard:— IMy written statement of assets and liabilities' are true, as far as my memwry serves me, and ; the accounts. I could get QioM of. When I sold' out of Hotel' in 1905 I was owing £BOO. I had land at Diry (River, and tost my money ■over it. My debts increased tto £I3OO. I got possession on the 17tihi Dieeember, Is) 9, of the Whakataki lease of 6000 acres., amd sub-fleaseld 2000 acres to Sheath. T ga.ve lu'im £IOOO., . Im order to* pay rents And /ptlKte,, expenses I; borrowed £2200 feom the Gi*eyitown. Building Society,. and !■ atfratogjesd- •■•;• ariv otverdraft' <rf' 1 £3ooo witih the Baiik of New Zealand, i Tilie'piacei did. not pay. I exceeded' my limit -with, tibe-Bonk, and the guarantors took possessfiwai in August. Just. They put a man in pcsses6ojmi>. I don't think I have incurred debts' of amy anwunit since, then. The furniture was in Martin borough. At the time the guarantors* took posses>ision aid the horses 1 owned were included irn the security, except the children's ponies. "Narcotic" (horse) as> Still on* tflie "Disy" is iti Masteitori' in, l my father's posse ssion. I thank it was in the security. DThea-e are ma lionises other than those named in the security. I hiave not ttmring the past 12 mtanitlis given amy horses anvay. The 1 furniture, valxied at £l5O, is the same as that of-, fered for sail© tflie. other (lay.

.Examined by Mir Temple: I never owned' any property in WeUJngton. I was negotiating am exchange, and would have Iborrowed t'he money to pay DaniieH's account. Mr Temples You never told me anything of the kind when you gave j ■me-the P.NV " '

;.- .Examined I>y liavery: T did not put ur although! ,M^»fel^led^■ ,: against' me. ,;Nqi*,; did. ,1 thiiik. of Raymond's .acsued trie, ,'il'did! •not put, ini iMlrs Harris as a •■Creditor."" T know I was ordered to pay one guinea, a week as alimony for her and my children. Jifliso that judgment was' given against me for costs in the divorce suit. I sold "Pussy" (thoroughbred) 18 months ago to Mrs Rupuha> for £l2 10s. I got some) otf the money. I got £lO on the s|)ot. With tine balance she paid,an account for me. 1 sold my stud flock about three miontlhs ago to Mr Grawitlhi ait MJariinborougjh'. I got £33 for it-. There were 27 sheep in the flock. I paid niotbing for the Dry Rftveo* property. It was a Government lease. I sold it for £IBOO roughly. The 'money went through, my account iln- tine .Union) Bank at Mjartkiborougih. I was 20 montlis ilnpossession at Wbakataiki.' I , wias over £IOO in debt when I/went in. I raised X 2200 from tihef; Grey-town Buiijldiing Society, and paid £I3OO-1 owed. I (Hook a..buggy from Mjartin>borbugh the other day.,l think fit was in thie security. 1 alio took <a> saddle from.the sail©., It belongs to a boy—my brother. I gSryti lit to him. I did not pay .the rates' on (the Wjhak&taki property last yearw X have not spent £ioo on tSH;ng>s nofc-oomnected wrijthi my business stLnce I iweauti., to Wlhakatalci. I have beeffi to one race meeting suice?' i guaranteed Smith and Co. fbr\Mrs Rupuha, alfeo- Mr' Haanili's account. .Examined (by 'Ma* Logan: There is mot) much likelihood of the property realising more tiiAn- the dtelbt." This «oneJiuded the examination'.

Mr La-very heire said that 'he .thought it was only right to left til's creditors know" that the sase of Mire fifoa-ris' ifuainSbuire isms advertaisiedi he*fore the/ debtor filled. The« debtor <approax&ed. the. Officaiaitf Assignee to prevent the saJel. J\fr Oitennels informed, the debtor that the ©ate mmsifc noib prbceed, and the moneys derived! .therefrom .would be held for thie cro- - if they weir©, emtitNed'. The ponied were not soikl. Mir Harxi® was ordered to pay oilalmony to his wife and children, hut he (had' not given- them a penny. Mr Hiams ayuM iai)H afford to keep thiree ponied to hek at' them, and hie advised the! creditors to fake them'. 'He afe> Isarid that Mr,s Harris was tin.-' possession, of three stags' heads which he believed beJbnged' to the estate. ■Mr Dupre proposed' and Mr Ewiiigton seconded, "That the jproceeds of siale of furndfcuire, and three stags' heads, ibtef hianded' to' Mrs Hariris', togethelr with any - interest, the debtor may have in the ponies." Mr Powmal objected on- behadif of the debtors. He (debtor) was entitled to £25 worth of furniture, and ought to have it o-ut of the sale. The Official 1 Assignee) 6ttid it wasquestionable Sf the property belonged to the debtor nt all. The motion' was put and, carried unanimously. Mi" PauMng proposed and Mr Temple seconded, "That the diebtor be called upon to prepare 1 a. proper statement of accounts .for the past thiree yea^s-. — Carried. Tine credHtlonsi requested that a. meetings be held wotthin •;> I'ortnigM to consider the matter further. OVfii-- ChenneMs stated at the ea.rl'y part oi the meeting that he had n telephone message from Mr Aitdhison, -a. creditor, from Featherston, that he had a purchaser for the property, but that he couM' not take, any steps wntiJ he knew what the position of the ©state was. %