SHAREMILKER'S FAILURE.

New Zealand Herald, Volume LXVII, Issue 20628, 29 July 1930, Page 7

SHAREMILKER'S FAILURE.

BREACH OF A CONTRACT.

GOODS SOLD UNDER WARRANT.

[by telegram.—own correspondent.] HAMILTON, Monday.

Inability to defend an action for the alleged breach of a share-milking contract brought by a creditor, and the selling of his herd at an inopportune time, were advanced as the reasons for his failure by Thomas Hamilton, a bankrupt sharemilker, of To Papa, who was examined by the official assignee, Mr. V. P. Crowhurst, in Hamilton to-day. Dankrupt's schedule showed a liability of £175 15s 6d, with assets £l9B. leaving a surplus of £22 4s Gd. In his statement bankrupt said he entered into a share-milking agreement with the owner of a farm at Karaka. After he left the farm in 1929 the owner obtained judgment against him for £l2O for a breach of the agreement, as he could not afford the solicitor's fee to defend the action. Ho subsequently started sharemilking at To Rapa, but as tho owner sold out without his consent he was compelled to sell his stock. The remainder of his stock and his milking machine and engine had been seized under a distress warrant issued I>y tile owner of the farm at Karaka. Tho oflicial assignee said the estate would probably provide a substantial dividend. The meeting passed no resolution.