BANKRUPTCY.

New Zealand Mail, Issue 1264, 21 May 1896, Page 30

BANKRUPTCY.

A sitting of the Bankruptcy Court was held last week, Air Justice Denniston presiding. J'ho applications for the discharge of Patrick L. Harnett, hotelkeeper, William Bar; aid , clerk, and J. J. Dooley, contractor, were granted. An application by John McColl, cabman, who admit ted that it was hirs third insolvency within twenty years, was adjourned. The discharge of Isaac Boock, tailor, was suspended for six months, and the* applicable of P( ivy White, jockey, was refused. I'Jie application of William Standee, cavri< r, fur discharge, was granted on condition of the debtor paying 10s ill the pound. The application of William Smart, tea dealer, was refused, the Judge commenting in severe terms on tho bankrupt’s conduct toward tho principal creditor, and saying he had never seen a more elaborate attempt to swindle a creditor. The Judge ruled that AY. J. Jverr and W. J. Campbell, creditors in tho estate of Drummond Bros., should he considered wages creditors. The application for discharges by Glut Queen, si on keeper, and Smallwood and (i ilehrist, plumbers: and that ot Paul uoimer, wine ivi'chan!, to sc I, -aside a deed of assignment, were allowed to stand over until (lc- m-xt silting. Tho Court ndi •urued until 20th June. Tiic creditors of Joseph Aston, carpenter, met lus 1 week. The Assignee explained] that he had arranged with the Wellington TruM aivl Loan Company to put up tho two houses separately by auction on con- | flitioa that tho eecon 1 mortgagees paid half j the expenses oi sale. The bankrupt, ex- | amino,i, stated that In hid no means of any I kind. The meeting adjournei sine (lit. [ A Meeting of creditors in the estate of j Thomas .Mitchell, labourer, was held on Fri- ! day. i'll*; debtor was examined on oath, .and j tin; mooting wa i adi •.■aimed until the 2! >t, at I 2.3) pan. At a meeting of creditors on Monday there wore seven bankrupts present, and only two creditors. Tho adjourned meeting of creditors in the estate of Drummond Brothers, sawmillers, Wuikanae, was held on Monday afternoon. The firm t-.iimated its liabilities at J 2136 18s j Id. an i'h" r- if at X'l 11:; fid. Ihe principal creditors were. —W. J. Kerr. £27 9s I 7 d; George Lett. £2l Os Id; W. J. Camp-*

hell, .£lB 17s 6d; Alfrod Smith, JUG Os 6d ; Noes and Son, JUG. Tho Official Assignee stated that he had been advised that he could not procoed with the action which the bankrupts proposed bringing against ono cf the creditors. All he could do was to give leave, if the Court allowed, for the bankrupts themselves to proceed. The mooting adjourned sine die.

The creditors of W. F. Barnes met on Monday morning, when it was decided that the Official Assignee should make arrangements to sell the stock privately and collect the hook debts, and that if the bankrupt’s statement of receipts and expenditure was satisfactory to the Assignee the bankrupt should he recommended for his discharge.