Article image
Article image
Article image
Article image

BANKRUPTCY COURT.

EE EGBERT HENEST DONNOLLY. A meeting of the creditors of Mr E. H. Donnolly was held yesterday, at the office of the Official Assignee, “ to consider an application by him (Mr Donnolly) for his discharge.” Seven creditors were present, and Me Bussell appeared for two creditors, whose proxies he held. Mr Stinnear moved, and Mr Hopkins seconded, “ That the debtor’s application for discharge be recommended.” Mr D. Eeese asked if ho could not enter a protest against any one present voting. He objected to Mr Shackleton, who was there to represent Hr Piper, Mr Donnelly’s late partner. Mr Donnolly had told him (Mr Eeese) that the partnership had ceased before his contract had been entered into. The Official Assignee did not think he could interfere. Mr Shackleton had produced a power of attorney to vote for Mr Piper. The question of partnership was one that might be determined against Mr Piper, but at present there was the proof of debt, which he saw no reason to reject, made on Mr Piper’s behalf, Mr Eeese said that Mr Donnolly had ackowledged at the first meeting of his creditors that Mr Piper was his partner at the time of the signing of his (Mr Eoese’s) contract. Mr Donnolly had assured him that £9OO had been paid to Mr Piper, his partner, in order to get possession of the rink and skates, so that he (Mr Donnolly) might derive the whole profit of the concern. The Official Assignee thought there were enough grounds for him to cake a note of Mr Ecese’a objection. Mr Eusseli pointed out that the Official Assignee’s acceptance of Mr Piper’s proof of debt was final. The Official Assignee would act as he bad stated. He would make a note of Mr E.,ese’s objection. The Judge could give what weight he chose to it. The motion was put and carried, six voting for it and three against it. The Ofii -ial Assignee stated that the six creditors represented £854 15s Id, and the three represented £430 16s 6d; but the £854 15s Id included Mr Piper’s claim for £832, In answer to Mr Sbruthers, Mr Latter said he was afraid there would be no dividend. The total amount collected was £3l 10s, out of which £8 15s had to be paid to Mr Palmer of Nelson for preference wages. The meeting then closed.

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/LT18890920.2.60

Bibliographic details

Lyttelton Times, Volume LXXII, Issue 8903, 20 September 1889, Page 6

Word Count
396

BANKRUPTCY COURT. Lyttelton Times, Volume LXXII, Issue 8903, 20 September 1889, Page 6

BANKRUPTCY COURT. Lyttelton Times, Volume LXXII, Issue 8903, 20 September 1889, Page 6