In Bankruptcy.

Daily Telegraph (Napier), Issue 6741, 25 April 1893, Page 3

In Bankruptcy.

In Estate of Mrs Barnett,

The creditors in the estate of Mrs Barnett met to-day before Mr Jardine, Deputy Official Assignee. There wore seven creditors present. Mr .heath appeared for several creditors and Mr Carlile for the debtor.

The personal statement presented stated that she had been oompelled to seek the protection of tho Court through the action of one creditor. She had a family of seven children, the eldest being a son whose salary was not sufficient to*provide for all, and sickness had prevented other members from giving any assistance. There were four children under foutteen and unable to do anything. Her furniture was not worth much, and consisted only of that which was absolutely necessary. Tho Assignee said there were practioally no assets, aa the £25 worth of furniture and clothing was allowed. He asked debtor how it was that Hmith and Provis charged nearly £9 for cartage of her furniture and freight when she had so little P

Debtor paid she had since disposed of some of her furniture and jewellery, and the

piauo. Mr Priestly, one of the creditors, said he unpacked the furniture when it oame here, and he thought there waß £150 worth, allowing £40 for the piano. Tho Assignee wanted to know who Bhe had sold 'he furniture to f

Debtor replied, to her sister in Auckland, from whom she received £3. She had not sent the articles up ; they were stored iv a friend's house. Her jewellery she sold in Auckland, gettiog £13 for a £40 locket, amongst other things. To Mr Sheath: The piano was seized for the rent, there being £5 owing. There was no other article iv the house that would have realised £5, except the piano, which fetched £22 10a. The difference would be placed in Mr Jardine's hands by the person who seized the instrument.

_o Mr JLockie : Had a gold looket at home which she had not placbd in her statement, had no diamond bangles, though.

Mr Anderson, Mr Smith, and other creditors thought debtor should have called them together and askod them to accept a composition of so much in the pound. Tho debtor said she had thought of doing that, but her piano, her principal asset, was seized, and there were so many pressing her at the one time that she did not know what to do, so she filed. Mr F. Smith moved that everything be sold except the £25 worth allowed by the Act, household linen not to be taken into account.

The Assignee did net think under the circumstances that clothing should be

:ouched,

The debtor thought it would be very hard indeed on her, .eeing that she had a family to keep. The motion was carried, and the meeting adjourned.