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MEETING OF CREDITORS.

The first meeting of creditors in the estate of Archibald Bell, of Dunedin, master mariner, was hold at the office of the Official Assignee this afternoon, when five creditors attended. Mr A. E. Gascoigne appeared for the bankrupt. Bankrupt’s statement was as follows Liabilities, L 203 12s lOd; assets nil. The unsecured creditors are:—A. Randall, L2 lls 3d ; Nelson, Moate, and Co., LI 6s Id ; R. Pryde, L 5 17s 7d ; Mrs Mason, L 29 0s Id ; James Hardie, LIO 17a sd; City Boot Palace, L 5 18s 9d ; Thomson Bros., L2 lls 4d; Findlay and Co., L22s fid ; R. Pearson, L 8; W. Cranston, Lls; Simon Bros., L 4 Is fid ; M. Anderson, LlO 18s 2d ; J. Pearce, L 5 12s 3d; W. Wood, L 7 4s id; A. Fletcher, LI 4s fid; P. O’Toole, LC 4?; Mercer Bros., L7O 5s lOd ; T. Sneddon, L 3; Dr Maunsell, LI 10s; Simpson and Mitchell, LI 7s; Dunedin Meat Supply Company, L 3 0s fid ; George Blyth, L2 2s. Bmkrupt sard that the debts had been accumulating for over two years; while Mercer’s debt had been standing for six or seven years. The latter was incurred on account of the owners of the Enterprise, and he gave a bill—a ship’s debit—but he could not say whether the owners were liable for that account. The other debts were on his own private account. He was out of employment for twenty-five months, and during that time he did not earn sufficient to keep himself. Ho had been mining at Nenthorn, and endeavored to obtain employment at sea, but failed in getting a vessel until lately. Ho was now earning LlO per month, and had eight children to keep. These latter were earning nothing. His son had paid the rent—Ll per week — for the last two years. The furniture was settled on his wife over three years ago, when ho was solvent. Ho had incurred some debts while he was out of employment, and had incurred others through sickness. He had paid cash for everything for two years with his son’s assistance. His wife’s property was seized by the mortgagee some two years ago, while there was a bailment over the rest now.

The Assignee said that it was a pretty hard case, and that bankrupt had mot with a lot of misfortune.

Some of the creditors acquiesced in the Assignee’s statement that it was a case of misfortune more than anything else. It was decided to recommend the bankrupt for his discharge, Mr Mercer—who did not prove—offering no objection, and the meeting adjourned sine die,

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https://paperspast.natlib.govt.nz/newspapers/ESD18890808.2.11

Bibliographic details

MEETING OF CREDITORS., Issue 7980, 8 August 1889

Word Count
435

MEETING OF CREDITORS. Issue 7980, 8 August 1889

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