CLEANED OUT.

Auckland Star, Volume LIV, Issue 71, 23 March 1923, Page 5

CLEANED OUT.

KINC COUNTRY BANKRUPTCY. '"T'm ilono: T'm down and our. 1 am nmv digging gum at the Barrier, and my wife is helping nip to si-rape it. We only liavo a cam]): nothing more'" Thus Mr. .T.ilin W,mHw at a meetili? of hi.- creditors held this morning at the office of the OHiria , Assijjnec (Mr. W. S. Fieherl. Bankrupt.'who bar liabilities totalling liss to unsenirerl creditors, has €■)."» worth of assets leaving a delieiency of i-iA'.i. Tip wafarming ami contracting down Kawlim way. and in addition to having hail ltli'k with some of liis contracts lie Innthe misfortune to lose his camp and alt his effects. A" Maori died in the canif. from some complaint that necessitated an order from the authorities to burn everything, and the man that tarried out "the job did it very thoroughly. Mr. Would?* took the matter to Court hut his luck was out there also, as tjie Court nonsuited him and added €7costs to his burden, in addition to which, said bankrupt, he had his own costs of over C:SO to pay. Then one of the creditors fa storekeeper) began pressing for pnvment. "and."" finished up bankrupt. "T was ai til" end of my tether: T could not stand it Hliy longer, and ->• filed." Mr. Ki-lier rai-ed tin- nue-tion o f a. third mortgage of- 11000 that bankrupt held over a farm that he had trail'ferred to his sun. Bankrupt «aid it Mas worth untiling, but in order to have the matter cleared up bankrupt's solicitor (Mr. Ward) promised to pet a ■•omplete statement, which would be ready for next Wednesday, to which day the meeting was. adjourned. There was a wish on the part of one of the creditors to have the meeting adjourned to Te Kniti, but as bankrupt had no funds, and Mr. Fisher explained that in th-it ease the creditor concerned would have to pay bankrupts e\penspa down to Te Ktiiti. the creditor rlid not feel inclined to take the risk of addingto his loss.