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The first meeting of creditors in the estate of John M'Meikan, dairyman, of Morr.iDgtou, was held at ihe Offi.ial Assignee's office this morning. Mr T. K. Sidey appeared oa behalf of the bankrupt; Mr D. D. Macdonald for Mr Dick, a creditor. As no quorum cf creditoia attended, the examination of bankrupt only was proceeded with. Bankrupt's statement showed total liabilities to amount to L 92 194 3d; assets (stock ir* trade), L446a 8d ; deficienoy, L4B 12s 7d. The principal unsecured creditors are as under: W. B. M'Meikan, L2O; John Sidey, Ll7 4s 7d; Thomas Watt*, LI 2; William Dick, Ll2 15s 21; Peter Rutherford, L 1 0; Street and Logan, LG; James Rundrman, L4loj; William Blackwood, L2 7s 6d; James Cable, L2 10j; A. Bathgate, L2 2s; Thomas Meiklejshn, LI 134. The assets weie: Cattle, calves, bulls, etc., L 44 6s Bd. Bankrupt (examined) said thai he had been carrying on business as a dairy farmer for over twelve years. He did not supply milk; he made butter, etc. Some of his land was at Mornington, and some at Ea?t Taieti. The property did not belong to him. The catcta were kept at East Taieri, near He had seventy acres at Green Island, and puiit a rental of L 75 per year. The reason t>} hisfiling was beoause he was sued for an. amountfor grazing cattle on the Peninsula, fciid judgment was given against him. tin nweu Mr Sidey some money lor rent, but be could notstate the exact amount—it was nearly LI 7. A few of his cattle were on My Sidey's land whea be (bankrupt) filed. Some of the cattle iia<2 been seized for rent, while others had goneastray after being placed on Mr t'idey's land. (To Mr Macdonald :) The first cattle were put on Mr Sidey's land three yeara ago. He ha<V be;n taking them off and putting them on, and* could not state the exact number of the cittle owned by hlra. Ho believed cittlc were his property. He was away forsome time, and when he came tuck th.& cattle were on the land. Some of thesehad strayed, some had been stolen, and some had died. Ho would swear, to the bent of his recollection, that he could not account for mor» than twenty-nine cattle. His earnings had averaged very little—possihly about 10d per week. Mr Macdonald intimated that be whs usstructed that thero were some other cattle that bad not been mentioned in the statement. M? D'ck intended to investigate the matter, and he (Mr Macdonald) believed that he could boabl» to find the other cattle.

Bankrupt said that he had no property. Some of the cows which had been seized belonged to his mother, to, whom he had scldt thf m. He had b. en working for thirty ye3rs, and had struggled on, and this was the end» He did not owe Mr Dick anything, Mr Disk: You're a liar!

The Assignee: Come, come, now stop that. Bankrupt: Wei), he shouldn't call an older man that, (To Mr Dick:) You're a, liar. Mr Macdonald said that Efr Carew bad settled that question between Dick and thebankrupt by deciding against M'Meikaa. Bankrupt said he was not going ta ba eallcd a liar.

Mr riok : So you ar.\ Bankrupt: I'm iios going to be abused by that "animal" tji^re. The Assignee : Well, as I allowed one mm to call the other ft lifiv, it'acnlyfitr that th» other pcrst.n should return tlie compliment. Bankrupt began mutteriait »n an offended manner, but the .Assignee, thinking that the altercation had pxaeeeded far enough, said: "Come, M'Meikao, we can't have that," >!Jo meeting then terminated. BE ROBERT K'KESZIE,

The statement of liabilities in the estate of Bobert M'Keczie, commission agent, of Dunedin, is as follow.): —The list of creditors is a* u'ideT;: JohnGGro t L 10; Thoejas Hutchmr oe^

L 3 10s; A. Fletcher, L 3 15a; ,T. J. Pryor, L". 103 ; Thomas Farrell, L 4 10s : J. Fletcher, LC; Albert Evans, L 7 10a; John Frew. L 8 10(; Neill and Co., Ll6; H. Clark, L. r .5; John Fargle, L 3 10a; W. Young, L 15 0; Dr Maunsell, L 4 4s; Charles R. Chapman, L 10; J. Donnelly, L2 10s ;W. Cranston, L 3 10a ; James Smith, Ll7 10a; T. O. De Renzy, L 3 10s j William Asher, Ll2 10a; James Allen, M.H.R..L25; I r Ferguson, L 4 ; J. Lambtoi], L2 ss; Sinclair lVden, L2 9s; Munro.Vßisk, and Co , L 3 10j ; Collins, L 3; and sundiy creditoiß for smaller amounts. There are no assets.

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Bibliographic details

MEETING OF CREDITORS., Issue 8054, 2 November 1889

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MEETING OF CREDITORS. Issue 8054, 2 November 1889

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