BANKRUPTS DISCHARGED

Evening Post, Volume LXXXVII, Issue 128, 1 June 1914, Page 8

BANKRUPTS DISCHARGED

TWO PETITIONS GRANTED. Three applications for discharges in bankruptcy were dealt with in a sitting of the Bankruptcy Court to-day. Ilis Honour Mr. Justice Hosking presided. Mr. C. Zachariah, Acting Official Assignee, was present, and Mr. J. W. Macdonakl appeared as his counsel. Samuel Richard Riddler, lately a partner_ with Henry Firth in a contracting business at Petone, applied through Mr. P. Levi for discharge. Mr. Macdonald said that the Official Assignee offered no objection, provided tho payment of a dividend of 5s in the £ was made a condition of the dis» charge. His Honour remarked that the business seemed to have been conducted 'in a very unbusinesslike way. The other partner had controlled the financial side of the business, but had not put any money into it. His Honour expressed doubt as to whether he could make the condition asked for by Mr. Macdonald. It would amount to about £240. Mr. Macdonald : On the proved debts, £171. That was, said his Honour, a big sum to saddle upon a working carpenter. Mr. Levi said that some of the creditors had been secured by liens, and had got 6s lOd in the £, leaving nothing for the others. His Honour said he did not feel disposed to make such an order against a working man. Where was the financier ? The partner had, Mr. Levi said, kept out of the way. Ho had acted throughout in a. very* cavalier fashion, and there was the greatest difficulty in getting him to attend meetings or give any information. Riddler had done all he could— not very much, because he had little information. Mr. Macdonald said that, in view of his Honour's expression of opinion, the suggested condition would 'be withdrawn. His Honour said that in this case the petitioner did not seem responsible for the bankruptcy. Tho • application would be granted. Application for the discharge of Oscar Johnson, of Wellington, restaurantkeeper, was made by Mr. P. Levi. Mr. Macdonald said that the Official Assignee offered no objection to the discharge, nor did the creditors. All the wages due had been paid. The application was granted. There was no appearance of dr on behalf of Thomas Hastie. farmer, of Johnson ville, on whose behalf a petition for discharge had been filed. Mr. Macdonald asked that the application should be adjourned for three months. The estate showed assets £11,000 and liabilities £9000, leaving an apparent surplus of £2000. But this was an amount which it was difficult to determine, and the Official Assignee had not had time to go into the case. The bankruptcy had only occurred on 20th March this year. His Honour dismissed the application.

At 1.30 p.m. to-morrow Mesers. C. W. Price and Co. will hold an auction sale of household furniture at tho mart, £0, Lnmbton-quay. Owing to the holiday on Wednesday, the usual gymnasium practice of St. James'a Football (Jlub will be held totuorrpw uight instead of Wednesday.*