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BANKRUPT'S DISCHARGE

ADJOURNED BY COURT.

JJ'-e bankruptcy of George Vance Alexander Shannon was again before the Supreme Court this morning, when an application was made by Mr. Young to the Chief Justice (Sir Robert Stout) for discharge. It will be remembered that the only proved creditor in the bankruptcy was Matteo Sarcichc, who secured a verdict from Shannon of £1500 in a divorce proceeding. The amount was not paid, and a public examination of bankrupt was held last December Mr Young stated that the bankruptcy had now lasted three years, and there appeared to be no reason why the discharge should not be granted. Mr P. S..K. Macasey, for Sarciche, said they were_not at all satisfied that Shannon had disclosed his position He submitted strongly that the discharge should not be granted unless some reasonable offer of settlement was made. Sarciche was making some inquiries which might disclose something, and apart from that there was a prospect of Shannon coming into money which Sarciche would have no opportunity of getting. . His Honour: "There were damages given because of wrong done. I think the application to have an adjournment should be granted, although I do not know whether the extension will be of any assistance to the creditor." Mr. Young suggested that the grounds of the application should bo stated. His Honour remarked that they were quite clear. Bankrupt had committed a wrong, and a jury had awarded damages. These damages had not been paid: The application for an. adjournment would be granted.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19250504.2.67

Bibliographic details

Evening Post, Volume CIX, Issue 102, 4 May 1925, Page 5

Word Count
252

BANKRUPT'S DISCHARGE Evening Post, Volume CIX, Issue 102, 4 May 1925, Page 5

BANKRUPT'S DISCHARGE Evening Post, Volume CIX, Issue 102, 4 May 1925, Page 5