MEETING OF CREDITORS

New Zealand Mail, 15 February 1900, Page 9

MEETING OF CREDITORS

E. BEGUELy’S. ESTATE’.

A meeting of creditors in the* estate of Ernest Beguelv .was held last week, "in the presence of the’ Official Assignee, Messrs Caselberg (Wairarapa Farmers’ Association), £7B 14s. 8d ;- A. Trir.der, £3; 3. Couchman ("’New Zealand Times’ - '), £2B 13s; J. ,Danks, £3l; Bamsay, Taylor and Ramsay, £l6 4s 4d-; Thomas Duffy,' £2 -10 s ; Swanson, £112; J. Flockton, £190.; and others. Bankrupt, in his written statement, attributed his bankruptcy to his capital being insufficient to meet initial expenses and falling off of business. As the takings, were hardly enough to meet current, expenses, and. the gas having been cut. off at-the: most profitable time of the year, he-rvas.unable*.to keep the business going oh-’ . . : ; Examined by the Official Assignee, bankrupt said that- he owed, £l2 when he went into./the .Gaffe. \deto?ia; He had £6O from the .Empire Loan Company for loan oh. furniture, £27 for wages from the; Empire Hotel, and Mr. Desneux put in £SO. When bankrupt went out on November- 2 he paid ,Mf Desneux Back his £SO.- and wages at £3 a week. It ..cost between £450 ana £SOO to fit up the place; 7 His total . expenses per week,), including wages, ■food supplies, . etc. : ", (detailed), were 7’ahout £65. Mr" Flockton' got two. bail-,, fhents ar.d Messrs .V'eiteh, and Allan one, ..When.he got the'first-.lpt.of goods from. Mr Flockton % in ; -Sepfembef , ' it) wad- : hp;;sbLdAd.d take a bailment, ' .Bankrupt.; \W^. :i^pay Z£i oo£7-a-Tth-' ha|i 7 ..'m v ent v ' The. Oseeoha bailment,/ ih . Deoeiff&ef, Was dor’ -£5 , a month. The( ; and ho paid ’ dNb.’baid; for Seven weeks, at £7- o.p the; firsy; bailment, But nothing'on the second,,Hegot the’ goods.-in the second the same time .as. the otheorsd Vcitch and'. Allan’s _bailment 'was : given’ ahoht No-' vember for-;£32, payable’Tlio a;month". Ho : paid . £2O. : It was v hioycd by Mr Cameron and seconded ,b’y Mr , Danks .That the’ Assignee inQmirA'.ihpo hhe lawV Vfulness • -of .firet - and ’’ seeprtd ./ bail/ mehta of; Flocktonan’d . '-Velteh-l ana.. Allah; ' The - 'me.eiihgWwak' -tHen ad- 4 journed ..to. the 14th ins,t: J T'hfc'leaSe: of . the n Cafe Wibt6-tia, J Tt l tiftfifSpirhd,, hact{ been, assigned to. Mrs Branc-. in v '’ffaftuary ■ r for ss: r.wosu. co xcvoa -c-a vCan ,dcti iiSfan:.!-: