APATHETIC CREDITORS.

Auckland Star, Volume LIII, Issue 249, 20 October 1922, Page 5

APATHETIC CREDITORS.

» I IN THE WYME BAWKRUPTCY. 1 WANT DIVIDEND BATHER THAN , CONVICTION. I 1 At a meeting of creditors in the « bankrupt estate of D. S. Wylie, ac-1 : countant, of Auckland, that wae held j this morning at the Government. Buildings, Customs Street, some of the , representatives of creditors suggested , that in order to enable bankrupt to got! some wort, so that he could support! , his family, the proceedings at the) Polifie Court should be discontinued, i, There was no quorum of proved creditorn present, so nothing in tile way of] a resolution could be carried. The Official Assignee (Mr. W. !i. Fisher) expressed surprise that the creditors | could not take the trouble to make aI, point, ol attending the meeting. The! creditors had decided upon a couree of action, namely, the prosecution of the | bankrupt, and if they liad since changed) their minds, the least they eoulil do was to tome to the office and aey a 3. i Mr. X. R. \V. Thomas (Castor Buy) Company) suggested that the Police: Court proceeding had merely m-en i taken in order to get bankrupt back from Sydney. Bankrupt said ii waa not in consequence of tht> warrant that he liad made !up his mind to come back to Auckland to straighten thing* cut. Mr. R. P. Hunt pointed out that it was impossible for bankrupt to jje.t work while the charge in the Police ' Court was hanging over him. and it would be much better if the c*se were withdrawn and the bankrupt allowed to enter into » tiond not lo leave New Zealand until matters wore straightcnt'(i out. j There were several creditors repre-j [ sented at the meetitiji;. but only one ! representative had a \>to]v.t appointment, end he approve;! of the pro- ! jjosal to withdrew the Police Court j proceedings, the charge being that ! bankrupt hurl left New Zealand, taking | with him more than -20 tliat should have been divided among his creditors. ) The Official Assignee said the exedi- | tors must have had some feeling of responsibility when they devuleti that the charge should lie laid. Mr. -f. PatcvsoM suggested thai, it was j now another version of the monkey, the cat and the ehestnute. One of those present, referring to another creditor, remarked: "I believe he is quite agreeable to the Police i Court proceedings being withdrawn: all ihe wants is his twenty shillings in the £." ' ' ! The Official Assignee reiterated his remark that it the creditor* desired any change in the policy that hail been adopted it was their duty to attend the meeting. Notices liad been sent to everyone interested. As nothing could lx done, the meetiug J jad jmirncd cine die.