BANKRUPTCY.

New Zealand Herald, Volume XXIII, Issue 7796, 16 November 1886, Page 3

BANKRUPTCY.

A. N. Dickenson. —An adjourned meeting in the estate of A. N. Diokenson waa held yesterday. The last meeting was adjourned to get an opinion from Mr. Cave as to whether there was any claim against Mr. Finch on the ground of his contract. Mr. Cave advised that in his opinion there was no claim. The meeting adjourned without further business. M. H. Rob,—An adjourned meeting of the creditors of M. H. Roe was held yesterday at the office of the Official Assignee. There was a large number of creditors present, Mr. Laishley representing the debtor. The Official Assignee read from the minutes of the last meeting a portion of the resolution then passed, requesting him to wind up the estate forthwith to the best , possible advantage. He stated that the meeting was held on the 28th of October, and on the Bth of November following, while preparing for the sale in accordance with the resolution he received from Mr. Clarke, the mortgagee, through his solioitor, an offer for the whole estate, except the book debts and stores at the bush of £214 8s sd. That, and some difficulties which had arisen, had been the reason of his calling that meeting,.. so that the offer and other matters might be considered. Before entering into a discussion, he wished them to consider that

the timber alone had been estimated to realise £400 at auotion, and there were office buildings which might be removed which were estimated as being worth about* £50, and also sundry items and tools adjudged to be exolnded from the bill of sale. The schedule had estimated them to be worth £400, and the stores in the bush at £40. That amounted to £950. That was the ap« proximate value of the estate, for which £214 had been offered. After considerable discussion the following resolution was passed, On the motion of Mr. Binney, seconded by Mr. Porter, "That the creditors' interest la the whole estate, exoept the freehold allot ments at Onehunga, book debts, household furniture, pony, trap, and harness be sold to Mr. Clarke for the sum of £500, on terms: £200 cash, and remainder by promissory note, at three months' date, endorsed by Mr. Binney, Mr. Clarke waiving his olaim to rank as a creditor against the estate, except in respeot of salary, amounting to £30, to which he has a preferential olaim." It was then moved by Mr. Binney, and seconded by Mr. Baile,."That the household furniture, pony, trap, and harness be returned to Mr, Roe,' This resolution was carried.