AN HONORABLE MAN.
HIS CREDITORS PAID IN FDLL.
Mh C ? W. Goodson, of New Zealand, on Saturday (says a London paper of May 26th) achieved the honourable distinction of paying off his creditors in Norfolk after twenty-three years, and received at their hands a silver c isket holding £125 in gold a3 a token of esteem.
The romance of Mr Goodson's struggles to pay off hia English creditors will be recollected, for it was told 18 months ;igo, when Mr Goodson sent a cheque from New Zealand for £992.
In 1879, while ho was in business at Norwich, Mr Goodson found it necessary, through misfortune, to make a deed of assignment, his liabilities being about £5300. In 1880 his creditors accepted a composition of 8s 5d in the pound, and Mr Goodson emigrated to New Zealand iv the hope of better for tune and of wiping out the deficit.
He worked with a will and gradually built up a business and saved money. When lie W3>s on the point of sending the money to his orGcHtors in England, a wave of depression swept over New Zealand, and he found himself bankrupt. For the third time he began again from the beginning, and resolutely battled with fortune. A few years ago he paid all his New Zealand creditors in full—£4soo—and they presented him with a gold watch and a silver salver. On Saturday Mr Goodson himself met his English creditors at Norwich, and paid them in all £1795, wiping out his indebtedness.
There was quite a happy creditors' meeting, and Mr Gurney Buxton, who presided, in handing Mr Goodson the casket, said that they all had a high appreciation of hi.s honor.
Mr Goodson replied that his creditors' gifts would be treasured heirlooms for his family.
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Bibliographic details
Marlborough Express, Volume XXXVI, Issue 157, 8 July 1902, Page 4
Word Count
295AN HONORABLE MAN. Marlborough Express, Volume XXXVI, Issue 157, 8 July 1902, Page 4
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