MEETING OF CREDITORS.

Dominion, Volume 2, Issue 424, 5 February 1909, Page 7

MEETING OF CREDITORS.

A BASKET-MAKER'S AFrAIES. • '.'A. meeting, of creditors in;the:bahkrupt.'estate; held before. the 'Uffioial-Assignee (Mr.. A. Simp.-: .son),.:yesterday.':. wera-J:hree ;,ereditoTß- - • bare 1 quorum, v '- - ' ' rr ' -■ v:. - {--The;.statement,, of: assetsfand-'liiibilitie's {set; .forth.-.that'there':was owing -to 'unsecured'-credit: -.tors; aii'.amount -Wi, ; saMi£r^i«B ,'were, set, - dowu-' by..' t'he'i b'ahkr upt"-.;to i the'.l'credit; of - the estate i-rrStoek-injtrade; vjs!9o j bo'ok debts/- : 9s. i itli:. furniture, .^6O; v '-s?'-'-. ; -.^• , K The following' is-a list offthe-large'sfc"credi»i tors...in,, the ■ estafe:i-?Alfred-;>ilillard,:' Chrisfe: church, .612 Is.- (>d. j\G.- lookhead and Company,Easson;. lulbirme, i;ll.'llS;. ; .3d.jv-Rughes i and ■Easson;.: WoUingto'n, J JEll{i:ss: '-'-'TiS Taylor^' • W.eliington • (rbnt),- : i H: l?s.:'V/Mr,'-Oook'. ajpearM!: .'for, the :Mnkiupt;' whose sworn, statement; set , forth: that. he: oommenoed . husihefess iiiy Decern;-. ber, 1907, as a basket-inaker--'at: 10i-:Adelaide :Rpad,: 1 eoncerh' beiflg :i)oatea*-with--"ae'apital'-of ; --<£loo,-1 wg. als<? ,an.overdraft tof withthe. Bank of. Ne jr.: South'. Wa'tes,' which" had-.b'»erL':;artang'ed by, .bankrupts .brotherj'.' who; in" J une,l9oß; .paid; oft tho amount of the overdraft when -dissolvv ji'n j: part»?rsliip;":.:.H4*l;lito■own account, withworth of'stock 'iri'hahd,: liabilities amounting to .."and-ac credit ■hal- :; anco of .£69. In July; .19.08; ..the'business ;w'as. found to: be in a languishing condition, and bankrupt transferred: to new and.inoro-central-'premises in ,:Courtenay,:.piace,' and iiibidentaUy" .'lnoreflsed: his rent-from ; 305.; to' 655;- per'-week, plus,.^ss. ; per. week :for, house rent:? .. Bankrupt: was forced -to file when, one of-his-creditors .'instituted - prpoeedingsibyissuing.:; :ai" distress ':war'rant- on a, judgment ' obtained ag'aihst-'-himv :He (bankrupt) .estimated'his 9s.- Id;; liabilities, 7d.; -surplus, -i 53 17s. 6d - ;

i v;;pffibiai.V;tliat ;,Siho- ■ bailiff's valuation ofthe"stock, was. reported 'to! 1)6 :<£BD. 13Si-. 3d. r The surplus i;ini the.estate 1 amounted to <£53 17 1 !. 6d v The Assignee ordered-that a detailed.and complete ittitemeitt of >tb e; bankrupt's, aflairs'since: the datenf the dissolution of partnership bo snpplied. • ••• '■ ;x. It. was deeded 'to call for tenders for : .the stock, and to hold over, consideration of allowances to the bankrupt, pending a .more complete statement 'ofhis affairs,