A BANKRUPT’S TROUBLES

Dominion, Volume 14, Issue 260, 28 July 1921, Page 7

A BANKRUPT’S TROUBLES

ADVICE TO FILE REJECTED. An adjourned meeting of the creditors of Norman Edward Page, of Wellington, labourer and taxi-driver, was held in the Official Assignee’s office yesterday afternoon. The first mooting was held on July 21. It was stated, yesterday that the total liabilities amounted to over •£•630, while the only assets wore bookdebts for .£lOO, in addition to a sum of £5O said to bo outstanding in respect of a claim for damages. The creditors at yesterday’s meeting expressed themselves as dissatisfied with the manner in which Page had conducted bis business and passed a resolution to that effect, adding that in their opinion he was not a fit and proper person to carry on business. They decided to oppose his discharge from bankruptcy until such time as he hJd attempted to pay his debts. , , - The bankrupt, a returned soldier, in a statement, attributed the cause of his failure to domestic troubles.. He had not contributed payments to any of the debts outstanding, he Mid, for about twelve months. At present he had no funds, and for tho last, few months, when he in business ns a taxi-driver, ho had iust made enough to cover expenses. His wife, he said, was in a condition and tho doctor had intimated that an urgent operation was . necessary One of the creditors said he had adviced Pag? to file a year ago biy the bankrupt had continually told him he would get money, and would dispo«* ot his business, and had made other statements to similar effect.