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Mr Stewart in Explanation

[TO THE EDITOR) Sib, —Having read the leader appearing in last night’s issue of your contemporary, I feel it is my duty at once to set myself right with my creditors and the public, as the article has been written from information furnished by, evidently, a prejudiced person. In the first place Mr Malcolm Macdonald was employed as my solicitor to file my petition, and take the necessary steps for meetings of my creditors, under my bankruptcy, and for this work hie charges have, I believe, been taxed by the Registrar at £7, and have, I believe, been paid to him by the Assignee, I personally prepared the statement of my assets and liabilities, for which it is alleged a charge was made by him of £4 10s, and it is, I think, the duty of the Assignee to recover from Mr Macdonald the charge he has made for work done by myself. I most emphatically deny that I ever threatened any of my creditors that unless they accepted a composition of 5s in the £ I would get all my [creditors toprove intheestate. Therefore as there was only one dissentient creditor, viz., Graham, Pitt, and Bennett, your renders can judge from what source your contemporary obtained his information. These creditors (Messrs Graham, Pitt, and Bennett) notwithstanding the order of the Court allowing certain of my creditors to prove, arrogate to themselves the right to allow certain of them, to participate in the proposed dividend, leaving others who have just as good a right, out in the cold. As regards the Assignee having received proofs subsequent to time specified in the Act, his duty is, he tells me, to receive them, under the order of the Court, and for this I surely cannot bo held personally liable as he has done so in compliance with the terms of the Bankruptcy Act.—l am, &c., Stewart JS. Stewart.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GSCCG18880712.2.21

Bibliographic details

Gisborne Standard and Cook County Gazette, Volume II, Issue 168, 12 July 1888, Page 3

Word Count
319

Mr Stewart in Explanation Gisborne Standard and Cook County Gazette, Volume II, Issue 168, 12 July 1888, Page 3

Mr Stewart in Explanation Gisborne Standard and Cook County Gazette, Volume II, Issue 168, 12 July 1888, Page 3

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