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IN BANKRUPTCY.

a builder's Application. A sitting of the Bankruptcy Court was held yesterday by Mr. Justice Chapman. Robert Lo'.v applied for his discharge from bankruptcy.. 1 ' • Tho Official Assigneo said, that debtor had taken a contract for £826, oil which lie lost £481. This, ho contended, showed, debtor was not a fit person to outer into business. Debtor said that the 'difficulties of executing the contract had proved far greater than ho had anticipatod. Tho building ho erected was situa-to behind tho Wellington Terrace, and tho difficulty-lay in getting tho material to tho spot. Ho had anticipated getting the material down from behind, through tho school grounds, but was refused permission. There was no. other tender in for tho building, . which was a. private residence. '. Tho Official Assigneo said tho debtor's .liabilities were; shown' by him a? £993 11a, 3d.) whilo'tho proofs of debt disclosed £1215 4s, 7d. Out of £40 book debts £9 had been collected. So far Is. GJd. in the £ had been paid, which had consumed £93. 1 His Honour said ho did not think ho could give an unconditional discharge. At tho same timo. he did not. think there had been misconduct. Tho dischargo would bo conditional oil: debtor's agreeing to judgment being entered for £100. 'Ho would, be expected to pay this oil as fast as lio could, j : OTHER CASES.. ..In the esse of. 0. S. iFree, an application' I for discharge,- the Official Assigneo announced .that 10s. in tho £ was being paid by debtor's brother, to whom a bill of salo had .been given prior to tho bankruptcy. Tho> 10s« in tho £ would more than cover the amount of the bill-of-salo. Tho Official Assigneo had" dc-: cided to mako'no objection to the'discharge] His: Honour said that, 'though there had been foolishness'in'the case, there had' been iio'misconduct. He had looked into tho case, and did .not- seo . sufficient •to justify him in withholding'the ; dischargo..'' ■•,/ .. • John S. Pearson also applied for. his dischargo, Mr. Buddie appeared for applicant. . His Honour said .tho. case was an unsatisfactory one.- No creditors, ~ however, had como forward, and there appeared to be no way." of,'gettingNat tho..debts.-. Ho: ■would treat the case ,as ail\ ordinary; bankruptcy. 1 . He saw no reason for withholding the discharge, .which would bo'grantcd. '

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DOM19080428.2.27

Bibliographic details

Dominion, Volume 1, Issue 183, 28 April 1908, Page 4

Word Count
379

IN BANKRUPTCY. Dominion, Volume 1, Issue 183, 28 April 1908, Page 4

IN BANKRUPTCY. Dominion, Volume 1, Issue 183, 28 April 1908, Page 4

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