Spent £BOO.
(0O SSIT EXTRAVAGANT." IOUKG CLEKK'S BANKRUPTCY. lfB B WS« B P ectsJ 3ervJ «-3 tVELWNOTON, February 10 i y os»S t' crk » w|,p r " lniitt<?(l « o,,il 'S JSi ln »«"" months ' was * ul '" L-i to * tro33 cxa;nination by jf^ tofl yesterday. Unjustifiable iLtftM* was alleged, in the form 'y2rMrch#«o of an expensive .>edv idlf, motor-enrs, cabaret parties, visits to Christchurch. iSitart admitted that much of his ' expenditure wai foolish and exK«m» M . -inimcd that it wr.s not 10 believed that another ling to him from his II estate. a:is Joseph Walder Me,f Wellington, who was Ir A. R. Atkinson. The d unsecured creditors i 272 9s Id, and assets a deficiency of £2G4 is sworn statement, dcpresent position wns i contracted in the exlal payment of not lesu n his late fathers' esinability to meet them ation failed. Wellington from Sydney bankrupt stated, "and ment with the Ocean, mianteo Corporation, at a week. My principal Ituro during March to was a payment of £290 ied litigation, of which ! tho particulars. Other ie Adelphi Cabaret £2O lodging, and living exThere were other items jenditure, of which I and I admit that much i nnd extravagant, but as long as I believed 1000 was coming from »te." ;1000 he expected from to was under tho bene--0 Vacuum Oil Company y of his late father), iting they did not intnkrupt the bonefit of t having a legal claim, icome, except my salary t, and no assets, except lankrupt added. Assignee: It appears to ire grossly extravagant. 1 £SOO in cash, £l5O in >rrowed £ll2, all 'in The position ia simply iu are a slngl.a man, and nearly £BOO in about, and incur liabilities of your bankruptcy has •bout by extravagance lon't think the matter ved to romain where it i I hope you will allow I. Wo don't want any vanee. Assignee: It if as clear M to answer the quesether there was a, lady la several trips to Christimphatically denied that o-iespondent in a dlvore# 11 said that he wished to ittongly against the harsh ttitude the Offielai Assigi up agiinattlie bankrupt. t wUeft Jie bankrupt had i w«MmkM«By man In 9old nuUte.. Toe fact of k that the bankrupt had id hid burnt hit money. io question of fraud. All i expenditure had been expectations. 'That no good purpose hf any further inveslat the estate be wound possible," was carried, BOW and eeconder) ex--6 pfatiea he held.
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Bibliographic details
Press, Volume LXIII, Issue 18923, 11 February 1927, Page 13
Word Count
407Spent £800. Press, Volume LXIII, Issue 18923, 11 February 1927, Page 13
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