MEETINGS OF CREDITORS.

Bush Advocate, Volume XXI, Issue 289, 10 June 1909, Page 4

MEETINGS OF CREDITORS.

A meeting of creditors in the estate of P. Vale was held this morning. Present : The D.Q.A. (presiding, Messrs Bunny, (Williams and Kettle), Stubbs (N.Z. Loan and Mer- . ! cantile Agency Compony), Johnstop, and J. McDonald. Bankrupt was also present. i ThoD. OX stated that he had-.no- ' assistance in connection with the/estate from the bankrupt, and. bankrupt's promise to collect accounts had amounted- to him fetching in 10s'tha>t morning. ."■...■. ' : " w The creditors present expressed the that the book debts were of very little value. . ■' The bankrupt stated he, had noibfr for to make.' He was closely questioned on. his affairs, and it was decided to allow bankrupt time to 'get work, after which he would be expected to contribute up to 10s in the £on his liabilities. The creditors would then consider giving 'him his discharge, provided the bankrupt makes an effort to collect book debts and makes known his movements to the d.o.a. ..;". ..'■; ",' : . ■":!';■: The creditors in the estate of James Ross also met this ... . morniiigj • ihe D.O.A. presiding. ' .'Pr^ektc- 'Messrs Ashcroffc (D.C.A.), E. IV Ransom, A. Vale, A. H. Bull, and Bictford (Baoik of New Zealand). ". . '" The D.O.A. read a letter iniconnection with a contract eht|r«cl "into by bankrupt. 1- . After a lengthy, discussion, it was resolved to instruct the. D.O.A. to interview the County Council's officials in reference to the' contract, with power 'to act, the. creditors to likve no liability in respect of the cdtnpletion of the contract bankrupt 'has in hand; the D.O.A. to make <a» jkrrangement with the bankrupt to complete the work if he deems it advisable. •' ' , "- : . The bankrupt regretted he could not make an offer to his creditors at present. ' ' ' The bankrupt was instructed \o furnish' a balance-sheet, etc., in "respect of the contract in hand.