MEETINGS OF CREDITORS.

Otago Daily Times, Issue 11403, 21 April 1899, Page 8

MEETINGS OF CREDITORS.

Re Robeiit Gray.

A mooting of creditors in the estate of Eobert Gray, of Dunedin, clerk, was held yesterday morning, in the office of the Official Assignee. Bight creditors attended, and the Hon. Mr Mac.Gregor appeared for the banknipt. ■ •.■■■

The Debtor's statement showed:—Unsecured creditors, £2711 5s 3Jd; secured creditors, £866 16s lid (estimated value of securities, £200); total liabilities, £3378 2s 2Jd. The assets, consisting of property, are valued at £200. Tho unsecured creditors number 29, the principal-of whom arc as under:—Bank of New Zealand, £2500 (shares); A. and J. iViTarlane, £\1 9s 9d; W. Patrick, £27 16s 4d ;Dr Brown, £22 Is; T. F. Feltham, £21 8» 6d; E. C. Woodward, £11 5s 3d j James Fox, £10 18s'lOd; K. Brew, £8; Continental Boot Depot, £7 13s 8d ; Dr Ferguson, £7 7s : W. D. Houston, £6 15s 6d ; J. Fleming, £6 Us 9d; Gilniour Bros., £6 0s 10£ d; EIHb and Smith, £6; Thomson, Bridgor, and Co., £4 10s Id. The secured creditor is James Gray, of Dtmedin, agricultural implement manufacturer, whoso claim amounts to £866 16s lid, tho estimated value of his security over the debtor's chattels being £200. The assets consist of 250 Bank of New Zealand, shares (no I valuo) and 20 Tjmaru Flour Milling Company shares;of £10, "fully paid-up (valued at £200). The Bankrupt, examined by the Official Assignee, said he was in the employ of Reid and Gray as salesman and clerk, at a salary of £3 a-week. He had a wife and two children. His debts to tradesmen extended over two year?. Tho. Bank, of Now Zealand shares were what were called the £3 issue. They were applied for in his own' name, by his father, eight or 10 years ago. He had been married eight years. He was.not able at present to make any offer to his eredHors, but'lmped to do so shortly with, the assistance, of his friondp. lie had not been bankrupt before.. The shares were intended as an investment for him made by his father.. Ho had never paid any calls. Calls had-<b,eon made, but'he'could not say whether they had been paid,for him. The bill of sale to his father was to clear off his indebtedness to him over four years.ago. He held some Kquitable Insurance Company shares a number of years ago. They were also taken up for him by his father. . . It was' decided that the Official Assignee should realise !on the Timaru Milling Com-' pany shares,.and declare a dividend as early, as possible,: ■ :•_ ■ Re Charles Shobks. A meeting of oreditors in the estate of Charles Shores, of Ba-lclutha. bricklayer, was to have been held in the afternoon, but no meetingtqok place, as.the creditors had been notified, that the. examination of the debtor would be adjourned until Thursday next,- at Balclutha. . '-.. . The Bankrupt's statement showed:—Unsecured creditors,. £86 145.9 d ; assets, £21. There are 29 creditors. The assets consist of stock-in-trade valued at £1, and furniture valued at £20.'; .'. ■ " '