MOTOR SALESMAN'S FAILURE.

Press, Volume LXIII, Issue 19114, 24 September 1927, Page 8

MOTOR SALESMAN'S FAILURE.

NO ASSETS AND NO OFFER. A meeting of the creditors of Claude Albert Gallop, motor salesman, Christchurch, adjourned from Juno 23rd, was held yesterday, the Official Assignee, Mr A. \Y. Watters, presiding. The first meeting had lapsed for want of a quorum. Mr L. Hensley appeared for bankrupt. The unsecured creditors were: E.'W. Petersen, milkman, £l9O Is; W. J. Cracroft Wilson, solicitor, £l. Bankrupt had no assets. •The bankrupt's sworn statement set out that on July 10th, 19*2(j, E. W. Petersen obtained judgment against him for £lB6 17s. including costs, damages awarded Petersen in connexion with a collision with a motor-cycle driven by Petersen and a motor-car driven by bankrupt. When Morlands Motors, Ltd., went into liquidation, about a year ago, bankrupt left their employment. On June 9th last u judgmentsummons order was made against him for £l9O Is, and he had no alternative but to file. He had no assets whatever. He was employed temporarily by O."E. Boon, baker, to drive a motor-van at £4 per week. He did not know how long that employment would last and had no offer to make. He was single with a widowed mother .towards whoso support he paid £2 v.er week.

lleplying to Mr Watters,- bankrupt said that he did not feel that he could make any offer at present. Ho men-

tioned that'he had paid a deposit on a chassis which should be recoverable. To Mr W. F. Tracy appeared for the principal creditor) bankrupt stated that he started work with Mr Boon about the middle of Juno and was still in his employ and still earning £4 per week. You don't intend to pay?—l can't pay. I hare had to buy clothes. As Norlands Motors, Ltd., have gone into liquidation the whole of the amount of the judgment has been pushed on to: me. Mr Watters suggested that bankrupt should be given a little longer to think over and see what he could do. If ho did not like to make a reasonable offer [then it would be for the creditors to say if the Court should be approached. Mr Tracy: If he only paid 10s a week he would- soon get through it. Mr "Watters: Matters would be different if ho only showed a desire to do something, but on the face of il> he seems to be indifferent. Bankrupt said that Morland Motors, Ltd. were as much to blame as he was. Mr Watters: We can't go into that.

Mr Tracy said that if there was any dividend in the 'estate of Morlands Motors some,of it would be allocated. The bankrupt said that ho - had been out of work for some months and had had arrears to pay. He would like to see anvbodv do better than he liad done. He w'ould like to see Mr Tracy do better.

Mr Tracy: Don't be insolent. Ultimately the meeting was adjourned sine die.