THE MYERS CASE.

Lyttelton Times, Volume CI, Issue 11885, 8 May 1899, Page 5

THE MYERS CASE.

BANKRUPTCY PROCEEDINGS. [Per Press Association.] WELLINGTON, May 6. At . a meeting of Myers’s creditors .the bankrupt was present, and put in a written statement. In the twelve months preceding his bankruptcy he had paid moneylenders £2500 in interest alone, and, as they had made him a bankrupt and preferred criminal charges, he refused to meet them till the latter had been disposed of. The sole reason why he left the colony wag a demand for £375 by ten o’clock next morning. He could not face the prospect of bankruptcy and ruin. He had only £37 when he left, and this was obtained by the surrender of a life assurance policy. Between Oct. 3 and Nov. 17 he paid, away £4500, of which particulars wore given. He absolutely denied writing a letter published in the “New Zealand Times” after he left. He had applied to see it, but it could not be found, and he was told that it was believed to have been destroyed. He had no money or property, except £22, which the police took. The Assignee said that this bad all been spent on Myers excepting £4. As Myers refused to answer any questions, the meeting had to adjourn.