MEETING OF CREDITORS.

Press, Volume XLVIII, Issue 7863, 14 May 1891, Page 6

MEETING OF CREDITORS.

RE G. FYNES-CLINTON.

The first meeting of creditors in 1 estate of Geoffrey Fynes-Clinton, of Halt ' clerk in holy orders, a bankrupt *!r5 at 11 a.m., yesterday, at the office of v* Official Assignee. There were seven mitors present. "%

The bankrupt's statement showed secured creditors, .£295 12s 4d A booke debts (stipend owing), produce JE34 16s 8d ; furniture, Jβ"?w , * MO : horse and harness, i>ls , . to4l eft 16s 8d; deficiency, j1135 15 3 Bd. ** The unsecured creditors were J Lawrey, Kirwee, storekeeper, £28 lα,' $ A. E. Davis, Halkett, butdler & c J» J. Watson, Halkett, fanner, £5 "f/*t Dixon, Kirwee, butcher, £7 \ a 7( j7 j* Butstone, Kirwee, baker, £1 i 3. « £ Raphael, Christchurch, money lender fitt C. Cooper, Duncdin, money lender fOTv?' A. J. White, Christchurch, £30 15. *o7 ; Black, Beattie and Co., Christchurch ton 17s; Recce and Sons, Caristchurch' *!« 10s; J. Kidd, Christchurch, S $ 15s 6d; D. Reid, Milton, sX/ , £6 11s 6d; W. Moore fi* , storekeeper, £22; W. Murphy & ton, coal dealer, JEI7; J. Dunedin, bookseller, £5; Official jW B * , (estate Benjamin), Dunedin, JgTjf? B Hardware Company, Dunedin, &Jjnf* and Chisholm, Dunodiu, furniture' maW .£l3 ; Pyne and Co., Christclmrchj? , Clarkson and Co., Christchurch m fz) total, .£295 12s 4d. " ** J «J In his statement to the Official Asaim. the bankrupt said that ho bankruptcy to the fact that hia stipend not been paid at regular intervaUof tiZ as agreed, and illness in hia family »hiu caused him to get into financial du&ultW He had also been called upon to asS a member of his family w h 0 ZTj not obtain employment, and he had filed consequence of pressure put U po a him U his creditors. On May sth Mr Tf? Raphael removed tiie bankrupt's furnitmvf acting upon a sale note. The note was not registered. He also took away a ♦ belonging to Mr Moor, which the bankS had under a bailment, and also ani which did not belong to him. Ifo gtfrjr , ? from all sources was only i>l9o, nrovidSit was paid, which was not always the case In reply to questions, the, debtor gU&j that the pir.no he had belonged to Bet™ 5*4 Co., of Duncdin. The first six monuah, was at Halkett he received nearly jglOO. A creditor wanted to know wKat' the bankrupt had done with his money since he had been at Halkett, as he appeared to have paid no one.

The bankrupt said he kept rough books, but he had not had time to mak» up a statement. Ho received 4190 a year. Ho rarely received presents from home. He once received jfilOO, and at another time £50. He had received none for nearly two years. The money was a free gift from a relative, and was not hk wife's.

A creditor asked how much the bankrupt had paid or owed to publicans.

The bankrupt said he owed nothing to any publican, and might have paid them Is 6d. He did not owe .£lO to a publican. In reply to further questions, the bank* rupt said the cart he had belonged to Mi Moor. He bought it on time payments, and tiie price was J;3B. Since he had been at Halkett he had paid various sums to liqui« date old debts. He had paid Checkley jgll Pyne and Co. £22 10s, Ayera (for Dutßvj £13 9i, Cooper and others, Dunedin, Jffiat He had paid cash for goods in Christchurch. A creditor animadverted strongly upon the bankrupt's mode of living beyond his means, and making promises of payment and failing to keep them. After some further questions, Mr R. Beattje moved — " That th« Official Assignee administer the estate, and take the necessary steps to test the validity of the sale note."

Mr Lawiiey seconded the motion, whici was agreed to, and tho meeting adjourned.