BUILDER'S BANKRUPTCY.

Press, Volume LVIII, Issue 17429, 13 April 1922, Page 5

BUILDER'S BANKRUPTCY.

MEETING OP CREDITORS. A meeting of the creditors in the bankrupt estate of Bertie Arnold Ward, builder, was h&d yesterday, :-Ur A. W. Wattew, Official -A«igne<>; presiding. Mr P. P. J. Amodco appeared lor the bankrupt, Mr Wi J. .Hunter Jha, dominion Home Builders, and -Mr. ii'ifE?o>ylor lor Hatheirly Bios. ... ;sai oi,asset* and litbflities shwed stook-in-trady at Uhristonurcb. imcyole «Ja''vooi»; Xio, boo* ueota *&« a iia oa, eev'muied to pruuuoe *aWJ; touu. Jtaixi. ,1 Xae luuxuiues to unsecured creditors are as JoitQwa: —.Dominion noma Buud«rg iaio ias iud,'J. Obey una ton. £dt as, XL. i-ipei *i/168, Utraon and boh &H 16s, JB'. Ui*prcaa 4ii £• Ud, .'jb'. Coojcboo £3, A. iiemnion *// «s aa, : 'i.rwuway .board £3 ua bd, a. bteiiuer tiiediuii&j ia« wl, xiwcubuo.-n, £>uuin and Co. £iv te,;X&yj>r and Uo. (Akaroa; £8 9a 7d, A. ' J.; Jjumnua £92 14s, Yale, and Co. £b7 Ids, bcuit Bios. 10a 6d, "iiepburn and Bonn £i6 4a. J. J, Ward and Co. £l4 i», M. i'riasenon £i 6», A. B. Woods £135 tie,, Papanni Timber i .Co/ Sd, Chulstchurcii B*.ck Co. £ll3 9s [lid, Bradley Bide. £6 8s Sri, Hunter uwi Co. <EI 8» ad, Capes and Co. £llO 7s 6d, •ton. and Co. £267 12* 6d, X and- T. .Burt f £453 88 Bd, E. Seece, Ltd., £415 6s Bd, Beese Bios. £55 16s Bd, Uenn and Co. £SB 16e 9d, 1 Hatterly.Bros. £26 1&> lOd, H. J. Pannell £» 4s, Andrew Lees £1 6a, P. B. Kestaveri £75 i 10* 9d, Homebueh Brick and Tile Co. £27." j .In his sworn statement bankrupt attributed his position to starting business at a time when materials were difficult to obtain." He under-estimated greatly the jobs that he did, and lost on nearly all of them. The greater part of the work was alteration work, and he had io do a great deal that he had not anticipated. Mr P. P. J. Amodeo stated that "Bankrupt would receive a sum of approximately" £175 from the estate of his mother. There were liens totalling £526 18s 2d on a property belonging to the bankrupt at itedoliffa. Mr A.- S. Taylor mentioned a lien for work done by bankrupt at the Oxford Hotel. It was an Amount of £BO or more on behalf of Hatherly Bros. ■.'•'•-. '. ' ' -I f£: **' tapper said that he wa» included ui the statement of book debts' us ow ng £l5O. Bankrupt had undertaken to build a house for £1360.: £IBOO being paid to him. Mr Napper contended that he lhad paid bankrupt £l5O too much, as the work waa not according to specifications. l Bankrupt, under examination, stated that he not a bookkeeper. There were blanks in parte of Ma.books. Mr Hunter, Mr Amodoo said -tharie did not think bankrnpt could give particulars of all the amount* he had handled. Bankrupt stated that he had not kept a wages book. r Mr Hunter asked the Official Assignee to make anvestigafaons as to whether the etatute books had been complied with. Mr^Tay^Referred to the contract tafcen by the bankrnpt for work at the OjSord contract Bros for £3B. fc«v i£t4k? 0 * m lH " ■■?«"* »* the Union the cheque. W; oi» again die^ * «*■ "* ™»»** a Ofrkyal Assignee in investigating th«T n S. ! and regrtV a° fi£ | Tie motion was carried.