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MEETING OF CREDITORS.

A meeting of the creditors of Alexander Allen, of Dunedin, chainman, was held this afternoon.

Tho statement was as follows Liabilities to unsecured creditors, LC9 10s 4d ; assets nil. The chief creditors are: E. J. Bryant, Ll2 ; J. Bunce, L 6 ICs 6J ; W. M. Brown, L 1 0; W. Malcolmson, L 8; H. Gourley, LG 0s 6d j T. Collins, L 3 13s; T. Dickson, L2 11a lOd ; J. Reid and Son, L2; S. G. Smith, L 4 17s. Debtor said that up to the end of last month he was employed as assistant warder at the gaol at 7s 6d per day. He was there for two months. Prior to that he was a chainman under the Defence Department at 7s Gd per day. Having lost his wife, he paid a housekeeper Ss a week. He had five children. When paid off from the Defence Department he received a cheque for L2l, and had recently received his quarter’s pension of L 7 19s lOd from the Imperial Government, With this money he had paid certain of his accounts. He had intended to pay as much as he could, but was forced to file, having been ordered to pay LG on a judgment summons. Part of his debt, LG, was on account of a bill he backed for another person, and there was L 5 5s for expenses of filing. He had had ten children, and none of them brought in any money ; and his wife’s illness cost at least L2O. He had some prospect of employment prior to his present trouble, but was afraid that this affair would spoil his oppoitunity. Mr Gourley would not stand in tho way of the man getting work, and would be inclined to recommend him for immediate discharge, Mr Bryant said that ho would he glad to fall in with the proposal if he could think that bankrupt had behaved in a straightforward manner, hut he had reason to think that he had been intentionally deceived, and would therefore oppose the motion. Mr Dickson would move that debtor be compelled to pay 20s in the £, and believed that he was capable of doing so. Mr Gourley and Mr Bathgate (the latter proxy for a creditor) said they knew something of bankrupt’s affairs, and were not disposed to deal harshly with him. Mr Dickson did not believe that debtor had paid away his money as he had stated. Where were the receipts ? And he had not been careful. There was 10s Gd put down for a hat.

Debtor; You would not have me go bareheaded, would you ? Mr Dickson : No; but I can do with something lees than a half-guinea hat. Debtor: It would not become you as it becomes me.

The Assignee thought that debtor was to some extent to blame, and would suggest that the meeting be adjourned, so as to give debtor an opportunity to look round, and perhaps get someone to help him to make an offer to pay a reasonable amount in the £. The suggestion was adopted, and the meeting adjourned for a week, though the debtor protested that the delay would not be of the least service.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD18890710.2.9

Bibliographic details

MEETING OF CREDITORS., Evening Star, Issue 7955, 10 July 1889

Word Count
533

MEETING OF CREDITORS. Evening Star, Issue 7955, 10 July 1889

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