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LAW AND POLICE.

BANKRUPTCY. Ke Herbert Martin Jackson.—ln this estate the. seoond meeting of creditors-Was fixed for yesterdays But the meeting lapsed for want of a quorum. The following is the position of the bankrupt with the Harbour Board "re Calliope Dock oontract" The tender was a lump sum for Bcarp work, £4100 ; removing soorio, £25 : total, £4125. The arrangement for progressive paymentß was Is ljd per cubio yard. The debtor said he executed 67,000 yards at Is ljd, £3144 10s 7d, and removed scoria, £25. The Harbour Board was entitled to 10 per "cent, retention; whioh represents a sum of £317. The amount alleged to be due for work done amounted to £2852105. The amount actually received was. £2680, whioh, upon the above showing, left £172 10s 7d due to the debtor. The debtor threw the job up ou the 30th of April. On the 26th of April the position in which he stood in relation to the Harbour Board*" re contract," was as work excavated, 67,500 yards, £3144 10s 7d ; Hubbard's estimate of work not done, 7950 yards, £434* 15s 4d; balance abandoned, 0530 yards, £576 19a Id ; making up the 75,000 yards, and representing a sum of £4156 5s a or £56 5s over the lump sum tendered far. Tho official assignee suggested that the Dock Engineer, Mr. Hubbard (for the oreditor»)j should agree as to some basis of arbitration. No further proceeding will be taken until the public examination of the debtor beforo the Court. The Official Assignee further said the Harbour Board had agreed to pay certain wages, but they had not a list of persons employed. According to the account of the Harbour. Board meeting yesterday, the Board would be willing to pay about £250. Legally there was no doubt the debtors' deposit of | £206 had been forfeited, but it was quite within tho province of such a public body to consider whether they would keep it.—Mr. Jackson: 1 have heard that they never before insisted upon keeping the deposit. Moreover, the dispute between myself and Mr. McDonald, their Engineer, was a question of measurement. At one calculation tho difforenoe was 11,000 yards.—Mr. Bitso : Thoir man waß certainly very much out.— The Official Assignee : The Harbour Board assumed that having paid the labour there would be nothing moro dua, from them.— It was resolved that the Official Assignee should request the Harbour Board to allow Mr. Urrinqton on their behalf, and Mr. Hubbard on behalf of the creditors, to measure the work, no as to determine tho actual amount of work done. '

■adjudication.—Robert Thompson Martin, of Auckland, boardinghouse-keeper, and John Goodfollow, storekeeper of Cambridge, •were yesterday adjudged bankrupts by the Registrar of the Supreme Court, upon their own petitions. Rk Owes C. MoGbk.—An adjourned meeting in this eatate was fired for yesterday, but no creditors put in an appearance. Mr. McGcb will be examined before the Supreme Court j at its next aittinrj. >

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH18840515.2.2

Bibliographic details

New Zealand Herald, Issue XXI, 15 May 1884, Page 3

Word Count
489

LAW AND POLICE. New Zealand Herald, Issue XXI, 15 May 1884, Page 3

LAW AND POLICE. New Zealand Herald, Issue XXI, 15 May 1884, Page 3