JAMES HAYWARD.
The first meeting of creditOT i^^ja j above ' estate -was held.- on the \Deputy JT-OfFiciaf Assignelr^presiding."
Tbe Assignee stated the liabilities to be £159, and tbe asaets £21, and read the debtor's sworn, statement, as follows :—: — "I have been' living in Normanby between six "and seven yoars. I was in tbe Ketemarae Hotel about -twelve months, when I was carrying it on for John Bto Fa's .estate, j Since then I have been laboring. I have earned £2 a week tbe last four montbe.- I have ft wife and--nine children. I did not earn sufficient to support vdy family so I got credit. Some of tbe bills have been owing two years. About eleven months ago I broke my leg, wbiqb put me out of work for five months." My eldest son got hurt about tbree months afterwards, and did not earn anything for three months. My wife and children were siok j at the time. I live- in a bouse of Mr. Qoin's at Normanby, wJiibh -f-pay about £4 a year. My wife bas the property on a purchasing clause. My wife borrowed £5, and I got another £2 from my children for my filing. I have n6 property, but my wife has a horse she bought some years ago. Tbe cow and pigs belong to my children, and were paid for out pf their .own money. I consider they belong* to* my estate." Mr. Wanklyn said that he was not very well satisfied 'with ttie case. f '- Debitor wae a laboring man, and yet he bad got into debt to tbe extent of £150. 'ftbere must be something very wconj? sodzewbere. Too much credit wae tbe evil, &c thought. Mr. Qain'said tbat be bad sold the land on which the house was for £22, and bad afterwards lent £12 upon it, making £34, on wbiob, they paid lQt per cent: , The property was in tbe. name of debtor's wifei In reply to Mr. Rogers, debtor said bis wife bad sold one horse lately for £4 to get a little ready money.
In reply to a creditor, bankrupt admit* ted having filed before, and in answer to the assignee said that he bad not thought it necessary to tell him that he had been bankrupt two or three years ago. This was only tbe second time he bad filed.
Being pressed atill further, the bankrupt admitted that the building of $be house had not been' paid for. He bad paid £40 for timber, and had spent^£4o on it besides the money borrowed from Quin. Mr. Wanklyn 'wanted to know whether the debtor thought it honest to spend bia creditors* money upon hir ; wife'a property? He should try and see whether he could not upaetthis arrangement if there was any money to be got out of it. - '
In reply to further queationa, debtor said bia contract with Mr, McDowell for labor on the bouse was £18 ss. He had paid him £'7,u15s besides, making £26 altogether. This was in addition to tbe £40 for timber. . ■> ; , Mr. McDowell said that tbe iron, doors, and windows would cost £20, and sundries £5. The chimney had cost £6. The Assignee said that there seemed to be nothing in tbe estate, but he should report to the judge upon the bankrupt's conduct. He bad according to his own admissions laid out over £100 of hiaown and his creditors' money upon property belonging to his wife, and now saugbt to clear himself of bis liabilities. | Mr. Collins said that the debtor was well able to pay 20s in the 4,and be was only a fraud and a rogue if he did not do it. Mr.Suttonasked if the debtor had not told him that he bad not a penny, -of bis own money in the house. ' J Debtor said that be had not replied to tbat effect. What be bad Baid was that he bad no money in tbe land. He had not made tbat statement with respect to tbe bouse. Mr. Rogers moved that a public examination be held. Mr. Collins seconded. Mr. Finlayaon supported. The bankrupt bad been holding things back and prevaricating.
The Assignee concurred, and be would examine tbe debtor again himself that afternoon.
The motion was carried, and tbe meet ing adjourned.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/HNS18860518.2.10
Bibliographic details
Hawera & Normanby Star, Volume VII, Issue 1310, 18 May 1886, Page 2
Word Count
713JAMES HAYWARD. Hawera & Normanby Star, Volume VII, Issue 1310, 18 May 1886, Page 2
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.