WIFE'S SPENDINGS.

Auckland Star, Volume LXI, Issue 231, 30 September 1930, Page 7

WIFE'S SPENDINGS.

CREDITORS DISAPPROVE

SYMPATHY FOR HUSBAND

"GOT BEYOND HIM."

NO DIVIDEND IN PROSPECT.

"There is evidently no prospect of a dividend. All avg can do ia to express our strongest disapproval of bankrupt's conduct. Any proceedings taken by the creditors must inevitably act as a boomerang on debtor's husband, who is very highly esteemed by his employers. At the same time the woman should not go unpunished. She has obtained money from my client, a working girl, by what was nothing less than a trick." So said Mr. V. Kalman to-day at a meeting of the creditors of May Macdonald, married, of 1, Earawa Street, Mount Eden, whose financial, statement showed claims of unsecured creditors amounting to £784. There was a deficiency of £743. The Official Assignee, Mr. A. W. Watters, presided, and bankrupt was represented by Mr. P. Bice. I Debtor said she received an allowance of £20 a month from her husband, whose employment took him away from home. She detailed a number of financial transactions, including purchases from city firms and dealings with a loan company. Answering the assignee, bankrupt said her allowance from her husband was at one time increased to £30, but she did not always receive the full amount. She was not now in receipt of any allowance. She admitted having given a mortgage to a loan company, but did not sign her own name. With the first advance she received from the loan company she paid the balance owing on a player piano. She had obtained from a furnishing company a wireless set, carpet, and kitchen chairs, the purchase of which had not yet been completed. Bankrupt admitted having written a letter to one of her creditors stating that she was drawing £35 a month as her husband's allowance, but this was not correct. She at one time had a banking account in her own name in the Bank of New Zealand, but when the allowance was stopped she cbuld not meet the post-dated cheques she had drawn. Most of the accounts against her 'Were for money lent. Her husband was now paying the household debts, and, for the past 12 months, he had been trying to reduce the liabilities that were outstanding. The representative of one of the principal creditor firms said Mr. Maedonald had informed him that his wife's borrowings had "got beyond him." He had expressed his desire to pay all that was owing. The meeting was adjourned sine die, the assignee point eg out that a further meeting could be held on application by creditors representing 2r> per cent of the total owing." Any application by Mrs. Maedonald for her discharge baforc the creditors' claims had been met would most certainly be opposed.