DOUBLE BANKRUPTCY.

Auckland Star, Volume XLV, Issue 153, 29 June 1914, Page 7

DOUBLE BANKRUPTCY.

! . I MARINER AND HIS WIFE. j UNPROFITABLE CITY BUSINESS. ' The t.uikrnpt affairs of a husband and ' ! Wife, Phillip and Harriet Eleanor Killing- ' | ton, were m-votigatcd at a meeting ~C I | utcditoi'e. this morning, before the OtueUl j .Assignee (Mr. \V. .-. Fisher,. Mr. W. iiack.-tt represented the bankrupts, and ' Ail-. 11. A. Mngcr appeared for a judgment ' vaieditor (Mr.-. skinner). Mr. Am'gan | r.-prcsiaitcd 1 1n- original vendor <>r a ; house acquired by the bankrupts. _\Lrj. | Edliirgton"- debts were mi„vm, to be , U:l« I'.i/ii (unsecured creditor.;'), and '-s-_'.i 1(1/ i secured ercditois). The estimated value of securities was :£Jl7o, while tin- assets were set down as CUT I-V, inclusive of half interest j„ f llTn iI tltre. Th c . husbands debt* were stated liv i'c .C-M7 o/7. j According to the statement of Airs. F ilingt-.ui. tin- insolvent couple wcremari ried in February. 1013. wh. n Kdlimrton i.t widower lv jt|i four children), "was ■l-irming at the Gre-ut Harrier. In -\uff- | "'-t. l'.'l-'i. they soli out lheir "interest in ..i farm, and bought mil the interest of Mrs. It.nnor Wolf' Skinner in a house, in I Williamson Avenue, Pons.miry. Th.t I were stricken with .-i.-kne-s, and later , "ii -'~. opened a refreshment shoip in j Kiivl. - r 1,,-,-. It w,,s n.,t profitable., and | Ihe bu-iinye wa - moved to Queen Street. i but wit!, a similar result. Prior to her marriage -he had a l.usiiics* iv Parnell. ; lame- Philip lOdlingion, mate of tlie i steamer Airnoiiri.stsi.ted in evidence that] | llie farm at Great Harrier was sold fori j C-J.Hiin. of which sii, m ]„. received £ail) jin the -hape of a mortgage. aiM he difi- j eoiiuied that for CSoii. At that time | ':.,- wa- a long way behind tinancially 'iwing to an illness- of two year.-' duration, which his first wife had ironc | through. The caretaker of the <ire.tt ! Barrier property also got-about I'oO. j The Otlicial Assignee: Did you make | any attempt, lo ascertain how much you I j owed a. that time?- Ye-. T owed £300.1 What became of the remaining C 3.10.— " Wo paid £17") to the sills-vendor of the j 'noase in Ponsonby. Col for furniture, i •and the balance for living and doctors' I expenses. - ' Witnofs was at home :i j good while studying for his mate's certi- ' l)il you keep any book-?—No, the "misslls" has all the receipts. Have you brought them, Mrs. Edlimton?- No. Mr. singer: We must have them. Have I hoy got a bank book - ; The As-ignee: Was al! this money eonnecte.l with the farm paid through the.' bank?- V,-. all bur a few small sum.-. The Assignee chilled the bankrupts for their ncgloc-t in leaving their papers be- j bind. These would have to bo brought j down for tho information of the ercdi- | tor-. Mr. singer: What was tb,, amount of j P.uckland and Sons" original account? —J C2SO. and r reduced it to £ 1 S.S. Was tiia: for stork?—Yci=. 1 bought I iSO shi-ep. and when I sold tlie farm I j sent I'm back to l'.in-khuid'.-. , What became of the balance?— Some I of then, went to pay the caretaker and j the rest to pay back debts. Why did you not pay liueklands;—l ] I thought 1 wins linan-iallv safe, j When did you give Hucklands a pro- - niis-oiy not? I'"".' Cofl?—About lour j Were you solvent then'—T thought T 'was. ! t wis the Queen Street business | that did it. How much did you pay out in vouneoItion with that business-.'- About c 100. Did you help with it!— New. I had . ! not hint; to do with it. At t'::'u static the Assignee siiQ-gas-teil thai not liner further could be done until 1 tiie books aud paners were pj-odueed. | He sa.:"je-te,l an adjournment. Mr. ll.ieketl intimato.il iliat the'bank-j I nipt intended to claim the statutory! I allowance of furniture l Z'lfy worth) in respect of each. Air. dinger objected to n double allow., Tiie A-vi'.'liee said that, ibis was a matter of law which witild have to be j looked into. An adjournment for a fortnisrht was, arranged, an 1 it was agreof tint the! ' l.inkni-.t -- -honld b • allowed to remain | 'in the 'uv.-.-e lor a week