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MEETING OF CREDITORS.

A meeting of creditors in the estate of Herbert Deveriu, photographer, Lambton Quay, was held at his establishment to-day. Mr. W. Clark was voted to tho chair. Mr. Deverill explained to the meeting that in consequence of a bailiff being put in possession for rent, he considered it only fair to his other creditors at once to call them together and explain his position. He stated his liabilities to bo about £550 and assets £400. When first he rented his business premises (which were then in course ot erection, and for which he had to pay a rental of £370 per annum) he was promised possession some months before obtaining it. To this delay, and to the fact that he had to pay two hands, who were walking about the streets waiting for the premises to ba finished, he attributed his present position- His secured creditors are:— R. Burrett, £135; M'Credie (rent), £125. The principal unsecured creditors are :— W. Nicholson. £65 9s 4d ; T. J Ladd, £58 15s 9d ; F. J. Mountain, £50 j Felton, Grimwade a Co., £44 ; D. Chisholm, £30; W. Clark, £21 8s 2d. It was proposed by Mr. Lancaster and seconded by Mr. Aleoni that tbe debtor should assign bis estate to Mr. U. Elliott for tbe benefit of his creditors. This was carried. A vote of thanks to the chairman terminated the proceedings. A meeting of the creditors hi the estate of Mr. George Thomas was held at noon to-day, Mr. J. E. Nathan in the chair. The deed of assignment was duly submitted and assented to, and the commission of the assignees (Messrs. C. E. Capper and A. Baker) fixed at 5 per cent. I At the meeting of Thomas M'Clolland's creditors Mr. C. A. Baker was appointed trustee. At the meeting of Charles Roadley's creditors Mr. W. Berry was elected creditors' trustee. At the meeting of the creditors of Thomas Morgan, restaurant-keeper, Mr. Gandy was appointed trustee. The asset* are £92, aud the liabilities £138. Mr. M'Credie, ironmonger, of Lambton Quay, has called a meeting of his creditors for Thursday next, at 2 p ra., at the offices of Messrs. Moorhouse, Edwards, and Cutten. NBW INSOLVENTS. Walter Mitchell, bootmaker. First meeting of creditors Monday, 2Gtii May. Karl Moeller, of Masterton, carpenter and ! joiner. First meeting of creditors Tuesday, [ 27th May. I John Disber, of Taueru, storekeeper. First [ ineetiog of creditors 30th May.

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https://paperspast.natlib.govt.nz/newspapers/EP18790519.2.19

Bibliographic details

Evening Post, Volume XVII, Issue 513, 19 May 1879, Page 2

Word Count
402

MEETING OF CREDITORS. Evening Post, Volume XVII, Issue 513, 19 May 1879, Page 2

MEETING OF CREDITORS. Evening Post, Volume XVII, Issue 513, 19 May 1879, Page 2

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