IN BANKRUPTCY.

Auckland Star, Volume XXXI, Issue 289, 5 December 1900, Page 2

IN BANKRUPTCY.

Alexander F. Gorrie, a bankrupt, in his sworn statement, made before the Official Assignee, sets forth that he. had been employed by the City Council for 1G years, latterly as Town Clerk. In January, 1893, he got into difficulties, and filed a petition in bankruptcy, which was annulled in April of the same year on payment of 10/ in the £. In March last he received notice of suspension from the City Council. At that time he was already under three months' notice of dismissal. So far he had only received two months' salary' for this period, and this money, £20 IC/8 was due for the benefit of his creditors. He understood that this £20 16/8 was withheld in consequence of an alleged deficiency of £3t 0/6 in his official accounts. A demand was made upon him by the Government auditor for this money three months after his suspension. Unknown to bankrupt certain parties had paid to the Council £10 3/10, the difference between salary due and the alleged deficiency. Not being a party to the compromise re the alleged deficiency he maintained that the Council owed his estate £20 16/8. His liability, unsecured, amounted to £851, us far as he knew. His Morningside property was valued ai; £1200, over which there was a mortgage of £900, and £33 interest arrears. Amongst other assets were two sections at Waipareira, valued at £S5. There is also an allotment at Te Papa, valued at £15, encumbered. The household furniture belonged to his wife, having been purchased by her with her own money three or four years ago. He estimated his deficiency at £320, or thereabouts. His average income for the last three years had been £220, say £660 in all, and his present domestic expenditure and interest had been £551 during the same ueriod. Bankrupt was not in a position to suggest any compromise. The first meeting of creditors takes place at 2.30' p.m. to-morrow.