MEETINGS OF CREDITORS.

Wairarapa Daily Times, Volume 5, Issue 1415, 27 June 1883, Page 2

MEETINGS OF CREDITORS.

" ESTATE'M J.> VILE/r 'Ol (From theN.Z. Times.) :, !.'A meeting of creditors in the estate of J. Vile; of Maßtertori,;rfMmer,::was ; held at the Supreme' Court buildings at'2.'3o p,m, yesterday, to consider the debtpr'a^applicatidn». for, -dischatge;, •JChere': iere_-. ninW^olc«ditbra' : '. priesent,''. a number of others'being represented by proxy.S 4ri(openihg the tad dpneiri; the; a great;;; deal;'6f'' 'the debtor h(msejf;and ; spine; of h« they, , clairnu, after iwhich iMr John Vile,' the |ebjjif^ in|t)bel payment made in a bUh •, Ihat bUI paid; Ig^llllHlgle^ad;

no doubt but that the whole wduld be* paid over to them, buthad, nevertheless, obtained proper security.' He would be in a position to pay 5s in the. pound immediately if there were no difficulties in the way; but one credi-

tor, a Mr A, W. Renall, who had distinctly agreed'to reduce his claim to £3OO had sent in an amended claim,

in which the amount, had been-in-creased by £1075. He could not see that they could do anything until that matter had been settled one way or the

other. If that were,settled, he should not the debtor's' immediate discharge, r; In j any] case ho would declare a dividend of 3s on Monday. -Mr Mills (Murray, Roberts & Co.) moved that .the meeting be adjourned for a fortnights He thought'that aftor the Chairinan's.statememy they! should j be very,cautions evWasto'granting the discharge at all. The motion was

seconded by Mr S. Palmer.-,; Mr W; W. McCafdleexpreM surprise that such a motion should have, been placed before the before they had properly discussed the position' of the'estate. - The Chairman in his' remarks had simply sketched out what occurred in connection with most bank-

rupt estates. They had got all they.' could out of the debtor, and could

neither get more nor have'less by opposing his discharge. Mr Hogg- said that after having heard the Chairman's statement, he entirely failed to see that there had been any breach of faith on the debtor's part. Everything had been carried'out < according to their agieement, and what more didahoy want? He also failed to" see how the claim put forward by Mr • Renall could affect the debtor's position. < If by delaying they they could get any more out of him, then he would give them every assistance; but at present > it appeared to him that the course ' proposed was simply to wreak vengeance on the debtor. .. ;;.-/;.; t.The Chairman alluded to the liugry of the bankruptcy and the that had beenj experienced, 1 that Mr Rehali's amended, claim was" simply a dodge.to get .back out of the estate asrauch as possible. • Mr Hogg asked whether any object could be'served by the but the question waVnot answered. '■■'[ l - The amendment was then lost by four votes to five, and on the motion being put there, was a tie. On: count- - ing proxies it ; was found that there L were thirteen in favor and 'twelve '; against, and the motion was therefore. J carried.-: O'Z:.- -1--S'.:■'<^]

It subsequently transpired that one ■ - improper vote bad beon given against- ■'; the amendment, and the total numbers; on the motion were in reality thirteen;, on each side, but the proceedingswere. ' not re-opened. ■ • ';' ;. : ' : ;V :