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IN BANKRUPTCY.

His Honor sat in bankruptcy at 11 a.m. RE JOHN DAVIS. Mr Loughrey applied herein for an adjournment until next bankruptcy sitting. His Honor made the order as prayed. HB JUBAL FLEMING. Mr Russell applied herein for the discharge of the debtor. Hie Honor said that the supervisors and the* creditors reported that they were willing the discharge should be granted. There was, however, a complaint than proper books of account had not been kept. Mr Russell explained that the proper trade books had been kept. The insolvency had been caused by the depreciation which had taken place in the value of property. He would point out to the Court that the debtor had handed in to the Official Assignee a statement showing the whole of his dealings for the past five years, which showed accurately how the money had been dsalt with. The Official Assignee said that the accountants of the supervisors, Messrs Sargood, Son, and Bwen and M. Harris and Sons' were not satisfied with the manner in which the books were kept. The bankrupt was called, and stated that the statement handed in was made up from hi* bank book aud vouchers, and showed what amount of profit had been made in the shop, and how the losses on property had been occasioned. His Honor said there were substantial reasons shown for the losses mentioned in the statement of accounts, and the discharge would be granted. BE MARTIN LIGHTBAND. Mr Joynt applied herein for an order of discharge. His Honor made the order as prayed. RE JAMES STRU7HER3 "WILLIAMS. Mr Martin applied for the discharge of the debtor. His tlonor said that he noted all the unsecured creditors were in favor of the discharge of the debtor, and none of the secured creditors opposed. . The discharge would be granted.

BE LOUISA MARIA FOWLER. Mr Russell, for Mr Kitchie, applied that this matter siiould stand over. EE THOMAS B. WHITFIELD. Mr Deacon applied for the discharge of the debtor. His Honor pointed out that the debtor appeared to huve contracted ii4oo worth of debts without auy appreciable assets, aud also not to have kept satisfactory boobs. The debtor would have to be examined as to these matters. , Mr Deacon explained that the debtor was unwell and uoc able to appear. The case stood over till next Bankruptcy sitting. Hi* Honor made the order for postponement. • KE H. D. C. MAKR. In this case, on the application of Mr Russell, Ills Honor fixed the usual day for application for discharge. .. , Tiie Court then rose.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP18910204.2.8.2

Bibliographic details

Press, Volume XLVIII, Issue 7778, 4 February 1891, Page 3

Word Count
427

IN BANKRUPTCY. Press, Volume XLVIII, Issue 7778, 4 February 1891, Page 3

IN BANKRUPTCY. Press, Volume XLVIII, Issue 7778, 4 February 1891, Page 3