BANKRUPT CABINET-MAKER

New Zealand Times, Volume LI, Issue 12017, 20 December 1924, Page 4

BANKRUPT CABINET-MAKER

CREDITORS PRESS FOB MONEY. WANT 10b IN THE POUNDAn application from the creditors of Henry . bankrupt furniture man ofj-ctiu'er, of Wellington, for -nn <jrde.- ~i«t he pay £3 weekly, from his wages until they had receives the sum of 10s in the £l, came before the Chief Justice (Sir Bobert Stout) in the Supreme Court yesterday.. Mr F. E. Ward appeared on behalf of the Official Assignee, in support of tho application.- Bankrupt, he said, had until quite recently been earning £7 per week as a foreman cabinetmaker, and could’ well afford to pay something, of what Was due to his creditors. They were asking for only 10s in the £l, not the whole twenty. . 1 ‘ . Mr C. A. L. Treadwell,, who'opposed the application on bohalfi of the bankrupt, said that the present proceedings, were killing" the goose that laid, the golden egg. It was tjue that bankrupt had been earning £7 & week, but when his employer found that he was being; worried by legal process over his bankruptcy, be had been dismissed, and was at present out of employment. Counsel maintained that, in view of the air bered circumstances, the application was absurd. His Honour said that it was clear bankrupt could hot comply with an order made in accordance with the application, and postponed the matter until February 16th.