SALESMAN BANKRUPT.

Auckland Star, Volume LVIII, Issue 143, 20 June 1927, Page 9

SALESMAN BANKRUPT.

LOST BOOKS AND PAPERS.

ACCXDEHT AT MOKATJ FEBJBtT.

"RUN OF BAD LUCK" ALLEGED.

A meeting of creditors in the bankrupt estate of George Lionel Miller, salesman, was held this morning. Mr. G. X. Morris, Deputy Official Assignee presided, and the only other present was Mr , . A. Hogg, who represented Mr. R- it Styles, of Nelson. Bankrupt's schedule showed debt* to unsecured creditors, £352 4/. The assets were set down at £145, comprising a car, valued at £120, and three typewriter*, valued at £23. Started in Zfelson. Bankrupt stated that he started a typewriter exchange business at Nelson in January, 1926. Mr. Styles lent him £200 at W per cent. In October of the same year he sold out for £285. He paid a few debts and transferred £264 2/4 to Auckland. He arranged to represent The National Sales, Ltd., of Wellington, on straight-out commission. He bad to purchase a car. He brought a small car from Nelson, but hatl an accident at the Mokau Ferry, losing most of his personal belongings. including books and. papers, which were washed away from the running boards. He sold wha't was left of the car for £14. At Auckland he bought another car tor £ISO cash. He paid £.3-5 for a magazine agency which he eventually lost. He was nowliving in one room, for which he paid 27/6 rent. He was unable to do heavy work owing to having had internal operations. He brought about a relapse by sleeping out in his car to save hotel -expenses. He attributed his present position to "a run of bad luck" combined with poor health. Car in River for Three Hours. In answer to Mr. Morris, the bankrupt said his little car wai in the Mokau River for three hours when the accident occurred. The man who lent him the money to start at Nelson did not object to his transferring the business to Auckland. Mr. Hogg said the position was the bankrupt left Nelson owing about £400 and brought £264 to Auckland, without consulting a solicitor or his creditors. If the ear sold for £100, Mr Hogcr said, there would be 4/ in the £ for the creditors. Mr. Morris said that if Mr. Styles agreed to bankrupt coming to Auckland with the money lent him then it wa« all right.