CREDITORS' MEETING.

Otago Witness, Issue 2302, 14 April 1898, Page 59

CREDITORS' MEETING.

Re R. M'CuLLOCH. The first meeting of creditors in the estate of Itobeit M'Culloch, of Tahakopa, farmer, called for the sth, lapsed for want of a quorum. Bankrupt's statement showed liabilities to the extent of £H2 12s, and assets (furniture) £10 ; deficiency, £22 12s. Tbn unsecured creditors were : James Miup'on, £3 ; AY. J. Lory, £2 ; and W. E. Pctts, £2 10s. The secured creditor was the Bank of New Zealand, who held a security over cattle, Ac , for the payment of £52 2s, the estimated value of the security being £30. Examined by the Assignee, Bankrupt stated that he was the lessee of a- farm of 180 acres on perpetual lease, at an annual rental of £9 a, year. He was a married man, with two young children. About, eight months ago he took up 10 shares in the New Zealand 00-opaiative and Agency Company (Limited), paying 5s a share. He borrowed £50 from the company, giving as security a bill of' sale over his stock, wh'c'a consisted of 17 head of cattle and a horse and cart. That money was spent as follows :—£U expenses of .removal, £10 to regain two cows that he lost, £14 for rent in at rear, £5 in exchange over a horse and harness, and the balance (£7) in household necessaries. He gave an acceptance for the total amount, and this had fallen into the hands of the Bank of New Zealand, and being p-essed for payment-he had to file. He was at present doing road work with another man.

A French" pcofessqr is said lo he fcb.9 owner of a collection of 920 head^-Tfepresenling the various known races of yecple on tLe glob<j.

One room of thß Tfenneiloin. Club of New York is papered with 6000 plajicg etirde, while another is covered with theatre tickets, and contains a cornice of chauapague corks right round it.

A correspondent writer to (he Westminster Gazette : " The time has come when an attempt should be made to render the names oH Chinese statesmen and treaty ports intelligible to English ears. Xn turning over the files o? the Gfizslte, I c&me fecrcss the fullowirg paragraph iti an issue of October, 1897, when affairs ia China became prominent : — The fact that Chang Yen Hoea, Hsue Ching Chen, and Lo Feng Lull ire in agreement with Li, is ail to the good. Call these statesmen respectively Changiog Hue, Seeking CheD, and Loifing Luh, ond the memory is nob too severc-ly taxed. I woald suggesb that if this system Is applied to the names oi proposed treaty ports, we shall face sricximination iv the geography of Chiua with conQdenco."