SUPREME COURT—In Bankruptcy

New Zealand Herald, Volume VII, Issue 2103, 21 October 1870, Page 2

SUPREME COURT—In Bankruptcy

THURSDAY, OCTOBER 20. [Before His Honor Sir G-. A. Arney, Knight, Chiei Juslu'c] nis noyonsafc yes'erdayin bankruptcy jurisdiction, and disposed of the following cases: — R. Dyasox, Master llarixer.—Mr. Hay appeared for the bankrupt.—The liabilities in this estate were set down at £773, the assets at £260, nominal. The bankruptcy was attributed to the loss of the steamer Favourite. — There was no opposition, and the bankrupt received hi* discharge.

E. P. Doxxeli.y, F.mirEK.—Mr. Tussling appeared for the bankrupt.—The liabilities in this ease were set down at L2Ol 3s. Id., the assets at £537. The surplus, it appeared from the trustee's report, could not be realised, and the insolvency was the consequence.—There was no opposition, and the bankrupt received his discharge. Edward jiiovf., But "iier.—Mr. Bereridge appeare I for the bankrupt. — The liabilities of this estate were £(512. The assets were estimated at £1023 10s. Sd. The trustee's report j stated that the bankrupt invested largely in gold mining shares, having something like ! 4000 interests in claims and gold mining comI p:mie».—The bankrupt was discharged.

PEEPS OF ARRANGEMENT. Re B. McKebkas.—Mr. Wynn appeared for the arranging debtor, and said that all the requirements of the Act had been complied with.—His Honor declared the complete execution of the deed. He David Weir.—Mr. Weston appeared for the trus'ee. —This was also an application for a declaration of complete execution of a deed of arrangement. — Mis Honor declared the deed duly executed according to the provisions of the Act. APJOfKNEP. —Frank Tow.-rs, David Clnrkson, F. A. Lee, John Kelly, J. A. Chapman. Re J. C. Reid.—-This case had been adjourned for the production of bank accounts.— Air. Hesketh said there appeared on a previous occasion to be some manipulation of the bnlts of cheques. He further said that the bank accounts had been in his hands only a few minutes and he was not prepared to examine upon them. The bankrupt, has been a considerable time before the Court, beim< party in the well-known case Tanton v. Reid.—Mr. Brock for the bankrupt said that the accounts I were handed to Mr. Hesketh as soon as they were received.—Mr. Hesketh drew the attention of the Court to the fact that upon a previous examination the bankrupt said he had not his banking account. One of the accounts furnished appeared !o have been carried about by the bankrupt for a considerable time, and several of the cheques were not there. He therefore applied that the ease be adjourned. —His Honor said that unless the fullest accounts were furnished, he would deal with the bankrupt verv summarily. The bankrupt should know that the consequences to him

would be verv serious, and would come upon him like a thunderbolt. The case was put at the bottom of the list. Barxett and Cor/LLiNfi.—The haoiMis* of this estate were set down at £391- Ss. 6(1.; the assets at. £269 15s. 7d. The bankrupts attributed their position to a sudden rite "j the price of timber while they were enga?«i upon a contract with Mr. Ham>aford._ Mr. R'ees appeared for Messrs. Gibbons ot Unehun<*», who supplied the timber. ±M bankrupts were, also, confers for tM rebuilding of St. Peter's Church, Onehunga, on account of which they claimed £91. It was stated that they gave tie Messrs. Gibbona orders upon the Church Committee, which orders were paid, but the bank rupts said they got credit for -_og -o these orders, amounting to .liO.— J"• » manager for Messrs. Gibbons, Oneh, ng* ,J» examined by Mr. Rees at considerable .en£ He said that his firm would not hare it the bankrupts credit but for repeated Btirances that they were solvent ana tangible proof that they were *» bilsed ness understood that BarnetD W ( . two acres of land in quently heard that it was on uy f . Witness was informed that instead; of__9Lb . due for "extras" upon the bu. in o Peter's Church there the amount t»£5 10s. His firm refused to »«PP£ the Timber. The whole amount received t« Church Committee was placed io f of the bankrupt.-It /FP^, 1 t«o of the examination that theeW»J which j declarations in bankruptcy, tin. i of had lapsed, but the deed arrangement had been cOQ . I fell through. The examination ha , eluded when the Court rose at oj