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Wairarapa Daily Times, Volume IX, Issue 3032, 18 October 1888, Page 2

C J. Fredericksen's Bankruptcy. A meetiog of tho creditors of Oarl Man Fredeiicksen, of Norwood,bush man, was held at Danovirko on Saturday , last, the Depaty Official Assignee, Mr J. F. Jardine, presiding. The liabilities were given as £33218s lid, and the assets £6B, ■ - The bankrupt niaje tho following statement-; On August 14 I took a contract from Stuart Bridge at Man-: gaono to fell 775 - acreu of bush, id partnership' with Frederick Lundqvist. The price foiv the part I hate done was £1 8s per acre. Ishad about £SO debts at the time of. taking tHe contract, I went on with tho work; at tba end of August I drew £136 ss. • W. F. Howlott, storekeeper, Pahiatua, is Mr Bridge's agent, and through him the money was paid umlur, tho contiact, Howlett stopped £7l 5s for etotcs. I received £55 and spent i It mostly in paying my labor,. On September 2Q|fc \ \vaa entitled to tfowjett stopped £sf7s lldj ty pay bis, store bill, 1 Tho

flowletfcJretam^ horses belpnjjstonty^ and tha iu-lftvf. Mr BeiiuiTrtnKsai^Jtliatf nhyono attempted, topei jb ; \ thC JbPoks£y lio r woiild shoot bavo; been 75 percent; and there is; a -/balance of '25 per cent: due,; A/ Bitinmoiis' ;was>-v taken'but by Miv-ilones- and::; Seiby; andiwben'l; asked'ipr the dri*;;S I found I owed—labour £4O,- and £SO W to Mr'Minsoii, and,:as_"l "did^not^;;• kiiow : .whiclrtopay,rrsaw:'axsp|ipitor.;* and eventually tiled any'of my'creditors. ; I toldßobinsou;/; that I intended to get a nianto plough. i and sow the oats. : . I obtained at tho \ sumo time as 'the bats 3 bokes' lea,; 3: : :; bags of and 3 sacks;.; of; ■ Tkoy were v divided■.equally 'belweea'f ■!■■ my,father,' ray brother John and ; my *,;'; self, /When I gave. Bridge to Robinson Iwos Beware'■"-! thatLundqvist had given an order pni ■ Howlett, and • I.thought that these ':]',■/ orders would be paid. At thertimo ;J (ho order whs signed Inindqvint mia '■ partner with nie! and signedby IJothof.us 1 and' dated 27th;v Aiigiist, It was iiilly.ten weeks aftir.', ; ' this that r wrote to Mr Bridge not to - recognise any more orders.' ■ ■ :' ; , ■The- following resolutions' wero passed: ■ -That' the Public Assignee .. take immediate steps to secure all books' of 'accounts' belonging to theii debtor; that baplso ascertain to whom -.■';,'• tho'section; known as Frederioksen's'-'r belongs pr; has belonged';; also ■•: the'': ',' cattle,- horses,' Baddlea, bridles,-etc,, .: that have been madepver to relatives, '■_- also "recover,' value • of goods ...lent ■■ Howard; that the Assignee get legal | opinion \ whether Prederioksad and '([ Luridqvist jointly or separately cannot ■ t'fc prosecuted' for obtaining goods ' under* false'pretences j that ho also .-. ascertain, if all monies deducted from ; contract by Mr 'Howlett can be recovered to th 9 estate j.costs of enquiry to, come out of the estate. '.'... That the 'Assignee trrtte to Mr Bridge asking that any balance re ; ■ maining in hand due ohFrederickSen's contract may be handed over to the Assignee* That the Assignee be asked to.call another roeetingof creditors at Saneviike wli9nnecessary,