MEETING OF CREDITORS.

Wairarapa Daily Times, Volume XV, Issue 4533, 26 September 1893, Page 2

MEETING OF CREDITORS.

Estate of P,'H; HaWe.fc The first meeting of r creditors in;' the estate of P. M. Haatie, rabbiter,' ' of Bow'ands, was held jesterday"' afternoon. Present —Messrs "■ W. -J Perry, Haneook, Riddle and Graham, 1 - Mrff. B. Chennolls, aidiug. -, « -x The debtor was repreaaoted by hit solicitor, Mr W. G. Beard. *' - The debtor sworu said that tbe list > of creditors was correct sufar as ha knew, with the exception of'G. PaynjL, £l2and Fitzgerald He attributed his diffioultieadftyYi ing over the Argyle in 1890, with had then, a partnef Brown. Tbe rent was 20saBieK!T He kept on tho boarding house till about April 1891. During this time the business did not pay owing to bad debts,which ho oould nofccollect. The books of accounts were given to X Mr D'Arcy to colleot the rab'nejy He;/ understood that 17s 6s had beeu'col--, hcted. Tho books witeburDed when' Mr D'Arcy's houso' Hancock's account was notinouned while in tbe Boarding House. It;i was for saddlery and money lent:;| He was sued by Brown-fpr the;amount tif Ll9 Ids due qu bills; given for his interest in the Boarding. House business, Brcwn put between L 9 and Ll2 mio the business, 'The ; : partnership lasud about two months. The bills on which the furniture was purohased wore all met. The amount - of the debts contracted in the Boarding Hoiiae was about L6O Is Id, Hr sold out the Boarding House for Lllo } und with this money he paid the bills owing on the furniture and partof the other accounts. . "' ; '.'_■'•■

In reply to Mr Hancock the dobtor said he did not know till lately that the books were burned. To the Assignee! Had no money ' ooming to him for work douo lately. There was an annuity of LlO a year ooming to him from Home, but which ho believed was not attachable in bankruptcy. Tliero was a payment of this amount would at once offer the of the annuity, LlO now and LIOTU' six months. V .."; Mr Board suggested that the offer should stand over till Mr Ohennells had seen the deed. Probably the; creditors could get paid in full. ; If : the D.O.A, found that ho could not olaini the .annuity, then' he (Mr Beard) was prepared to make an offer to the oreditors. Debtor did not own \ any horse or dogs. The horse he rode was a station horse The examination did not elioit any further information, and the D.O.A.' : said he would make inquiries as to the position of the annuity. He would also inquire as to the position respect' ingtheliorsd end dogs debtor had some years ago, but which had been olaimed by Mr Mcßae for money he owed the elation.