MR D. KNIGHT'S MEETING.

Wairarapa Daily Times, Volume 6, Issue 1697, 29 May 1884, Page 2

MR D. KNIGHT'S MEETING.

An adjourned meeting- of creditors in the estate of D, Knight was held yesterday afternoon, Mr Wi. Seller the Deputy Assignee, presiding! I '. The minutes of the previous meeting wore read, and the debtor confirmed the, record of the evidence he had given thereat. •■■ . ■ : !' ; "

The; Deputy Assignee' stated,';', in | answer to Mr Beard, ; . that. he had examined tho debts with reference to tho cattle purchased from Mr Hood, Mr Beard: Did you examine the accounts prior tothe bankruptcy 1: , Only with reference to this particular transaction. 'i--;-'

Have you questioned him as toother dealings 1 ';. i.,. ; -

The debtor being sworn, Mr Hecilar asked: Have you any cattle 'or horses running at Kahautara? No! ' :.'■'•■,.""■• .;'■• Have you any horses running there 1 Where is the bay pony 1 ' ■ j "- My boy rides it. It belongs to Barber 1

Do yon swear .that you have no other stock whatever: Where Is Miss Danebury? I handed her over to Donald Mac I Mr Beard: Have there been no cattle at Kahautara ?

No! Were there any prior to your bankruptcy? There-ra one cow! • The transaction with Mr Hood was to be a cash transaction, was it not] > Not exactly a cash transaction!

What was the arrangement ? I told Mr Hood I would send the money before the 4th of January or give him a bill !

You swear he gave you till the 4th of January to'pay? Yes. I eould Bend him a bill before the 4th if I wished!

Did not Mr Hood offer to take £304 cash for the 54 head of cattle ? .-■ Nothing was said about cash, but I reckoned that it was a cash transaction.

Did you tell him you would pay the money to his credit at the Union bank, Wellington? " "■'■ Idid! • You say you had no prospect of paying for the cattle but by re-selling them ?

Oh, yes; I had at the time I bought the cattle, but not at the time I sold them!

What means had you when you bought the cattle? ' : ' I could have paid for them by leaving other people unpaid! •.':.; Had you any other means? '< There's my statement; as I said'before I

Had you any other means ? I had views of paying him! Howl

By putting other people off! ■'' ; '■■' If you had put others off where would the money have come from ? Out of Mr Hood's cattle! Mr Bunny: You were pressed by other creditors ? Yes! Mr Hood took a bill for the cattle ? ' Yes! ■■■>

When you gave hira the bill it was after you said you would pay into bank? Yes?

Mr Beard: When Mr Hood found he could not get money ho took your bill?

Yes; I made a fresh arrangement with him I i

Did you telegraph to him on the ,10th-of January that the money would be put right without fail? V 1 did 1 Did he take the bill because he could not get the money? • Yes! Had he pressed you for the money kefore he took the bill? . . He came down to Featherston! ■ Did he tell you that you must pay the money, according to promise.? Yes! Did you tell me that you had money coming from the West Coast? ' I don't remember I : Did I ask you where the'money was to come from? I don't think so 1 . :Did you mention from where it .was coming ?

. I don't remember! Did you state you had money coming from Mr Meredith 1 • ; .i^.: I don't know! '.Did you say you had large amounts cqming from the West Coast?" ■ I might have done, but I don't think that I did! ; What did pass between us T , I don't remember! Mr Bunny: What caused you to telegraph to Mr Hood not to prosecute! Did Mr Hood threaten to do so ? ; . fesj he had written to meto say the matter would be placed in a solicitor's'hands!

;'' Mr Beard : How long was the bill to be taken for? '.■'- '••'

From the 19th to the 26th of Januarv!

Is that the receipt you gave to Mr. Hood for the cattle? Yesl " ' ■•.;'

; ; TheDeputy-Assignee: I suppose.t must acton the resolution passed-at thd last meeting. Now about the furnitureof the debtor. My instructions are to'allow the effects of the debtor and his wife to the extent of MQ, and allow £5 for furniture.

Mr Beanl: What is the value of the furniture?

Deputy-Assignee: Undergo I ; It was resolred. that the Deputy-. Assignee dispose of the. furniture hi' the estate as might be deemed, advisable j and, onthe motion of Mr Cocfc .burn Hood, seconded by MrHecklar, Messrs Beard and Gray were appointed to act as solicitors for the creditors.;',''.