WI PERE'S POSITION. By Telegraph-Press Association.] Gisborne, 15th May.

Evening Post, Volume XLIX, Issue 115, 16 May 1895, Page 4

WI PER E'S POSITION. By Telegraph-Press Association.] Gisborne, 15th May.

In regard to the application of M'Nico) Brothers, of Waikato, that Wi Pore, M.H.R.. be adjndtjea bankrupt, Wi Peri, examiner ou oath, said that he made an agreemen' with M'Niool Brothers to purchase the Wairaiau Reserve, Te Aroha, for J54250, and paid them .£250, bnt had not been able to find the balanoe of money. He had reoeived no assignment or conveyance from the M'Niools, though he still held property, nor had they paid him a shilling's worth of rent. When he was in Anokland last month he arranged that on his paying £500 proceedings wonld be postponed till after the session of Parliament. The idea was to enable part of the Native Land Aot to be repealed— namely, the part which prohibited the sale or mortgage of native lands. He had been assured by the Premier that next session that would be done, and told M'Niool the Premier had consented to remove that restriction. '1 he value of the land that had been awarded him was £60,000 ; his total liabilities amounted to £15,000. He told M'Niool he had applied to the Government Lending Board for money to pay off these liabilities, and the Publio Trustee bad consented to advance £13,000. Witness was unable to r»iae the £500 required to stay tbe proceedings. The cose has been adjourned till Friday.