INSOLVENCY COURT.—Monday.

New Zealand Herald, Volume III, Issue 684, 23 January 1866, Page 5

INSOLVENCY COURT.— Monday.

(Before His Honor Sir G. Arnoy, Chief Justice.) He Chames Bmtios. Mr. Brookfield at itcd that he thought tlrs case be a"oweu to lapse. Me Daniei I/ORnicAN. Mr. Weston for applicant; Mr. Keetley for certain of the creditors. Mr. Weston asked for a further adjor-ament of this case. Case adjourned unt'" l . next sit . : ng day, further protection being extended to insolvent. lie Robert Cox. Mr. Weston applied for the final discharge of insolvent. His cat-.ta had been assigned to Henry "Vernon, in accordance with un order of tho Court. Hi« Honor said that ho -would sit again on Friday, in order, if possible, ta give the insolvent his fina' discharge. He could not do so at once, as the deed of assignment, although oxecutcd, had not boon seen by the official assignee. Further protection was granted to the insolvent. lie Robebt Bryant. Mr. Connell for the petitioner. His Honor said that tho petition was very explanatory in setting forth tho reasons of petitioner's insolvency. The schedule of liabilities were £160 ), to meet which the applicant was in receipt of an annual income of £490, besides other assets nearly reaching that amount. It was almost a pity that the petitioner could not be saved from insolvency. Mr. Connell explained that he had called a meeting of the creditors, but that no f atrsfactory arrangemont had been cdme to. His Honor aaid that in a case of this description, whe- e there was an estate, it would bo hardly be just to the creditors to givo the applicant his final discharge on tho first hearing. There was no opposition, and no debts had been proved, and ho woi'ld therefore order the assignment of the estate to the present sequestrator, Mr. Vernon. The insolvent was examined as to two errors which appeared in his schedule, and which he wished amended. The debt of Henry Beaumont, £3 95., was altered to £8 2s. 6d., and one to Henry Gilberd to £4 12s. lid., was added to tho schedulo. The amount of rents derivable from the property at the timo the schedule was mado, are now boing received by Messrs. Henderson and Macfarlane. Protection was further granted to the insolvent until the 20th February. Re RICHARD HENRY HOM.AND. Mr. Kenny appeared for the petitioner, and also for the sequestration of the estate. Ho applied that I the eßiate might he sequestrated into the hands of j Mr. Honry Vernon, and that the insolvent might then receive his discharge. The assets of insolvent consisted of furniture of tho value of £10, and of two watches, which wore in the possession of a third party. Tho object of tho sequestration was to ascertain the right of tho insolvent to these watches. His Honor did not see what he could do in this muttor. He had no power to order a third party to give up these watches if he laid claim to them. The best method would be to call the insolvent, and hear his statement of tho matter. Kichard Henry Holland, the insolvent, being duly sworn, stated that tho watches were in tho possession of Mrs. Mattheson, of Parnell, to whom they had been given as security for £25 borrowed, as well other sums yet to be received. Tho insolvent's debts, it appeared from his petition, amounted to £179, which had been incurred through the cessation of certain remittances that he had bef«i in the habit of receiving. Had it not been for the money lent on these watches, his wife and family would have been in a state of starvation. Insolvont said that tho watches had beon valued at £10. Mr. Kenny stated that there was no opposition to the insolvent's discharge, and he believed that no debts had been proved. His Honor said that he considered it would be bet- ! tor for all parties concerned that the insolvent should not receive his final discharge on the first heaving, lie would order the sequestration of tho estate and the effects of the insolvent, and protection would bo granted to him until the 20th February. He lIEKRV MAIDEN. Mr. Konny appeared on behalf of the petitioner, and applied for his discharge on his consigning his estate to Mr. Vernon. Thero was no opposition. His Honor did not see how he could do this. Some of tho assets had to be recovered from Hokitika. It could be no serious injury to adjourn tho case for a i month, granting protection to the applicant. Re JAJIE3 DOEAN. i Mr. M'Donnell, who appeared for the petitioner, i ; applied fir an adjournment of this case, with proi | tection i.j the insolvent, until the 20th February, i which was granted;

-Kfi BICnD. TAYLOE. Mr. lieotley appeared for the insolvent, end Mr. Weston for Mr. Bi'l. Mr. Weston applied for an adjournment of this case until tho 20th Februaiy, in or'ler that the insolvent might bring up an amnuded sihedule ; the present on« his c'ients did not consider satisfactory. Mr. Keetley agreed to the adjournment, which tras granted. • He ALLAN M. ISAACS. M' - - Keetley appeared for the petitioner, and applied for his final discharge. Hia Honar remarked that there were no assets, and a large amount of liabilities. He should like the insolvent to be examined with respect to the manner in which they had been contracted. Allen M. Isaacs being sworn, stated that he had beon a contractor for Messrs. Einjr, timber merchants. Mr. Keetley explained that ho had been feHing timber for the Messrs King, who were the proprietors of a saw-mill. During tho years 1864 and 1865 he had been employed in this manner at Mr. Ring's bush, Coromßndel. Had incurred the debts through loss on the contract he had made with tho Messrs. King for falling and carriago of timber. His Honor said that this schodule opened a subject for enquiry. Tho liabilities amounted to £817, and there were some large debts included in the schedule which required explanation. He would adjourn this case until the 20th Fobruary, in order to give creditors an opportunity of proving, as uuder the circumstances ho did not consider that he would be justified in giving the insolvent his final discharge. It would be advisable in the mean time that a meeting of tho creditors should be called. They all Jived at Coromandel, and it was only a month since the petition had been filed. Protoction was granted to the petitioner until the 28th February, when he is to come up for his final discharge.