BANKRUPTCY.

Poverty Bay Herald, Volume XLV, Issue 14593, 1 May 1918, Page 6

BANKRUPTCY.

A further meeting of creditors m tho bankrupt ©state of John- Whitaker, boardinghouse keeper and billiard saloon proprietor, Kaitaratahi, was held this afternoon before the ,Deputy-Official Assignee (Major Beere). There 'was a small attendance of creditors.

The Assignee said he had received the solicitor'? opinion of tho hills of sale, and m view of the opinion he proposed asking Samson, Bros, to pay over the amounts realised by the' , bills of sale. Since the last meeting he ' had received a statement from the bankrupt, m which he detailed the conversation which took place between Balkind's agent at thut time (Mr H. E. Hill) and himself. The assignee said he had given Mr. Hill the opportunity to reply. Mr. Hill said the statement was quite incorrect.

To bankrupt: Di,d you publish a letter m the Poverty Bay Herald recently?—l did. This letter was , read, . m which the bankrupt cleared Mr. Hill m the matter of entering the security. „ Mr. Hill said he took exception to the remarks as to his guessing, the articles entered m the schedule.:

You sent two telegrams?— l only sent one. - : -..•■..

You sent two, and I can, produce them? — Not on that occasion. . •

Mr. Hill said he sent a telegram on the 6th and another on the 7th. In the meantime he told bankrupt to supply a schedule of goods m his home. After the money was* paid' , over bankrupt failed m each promise. ' j The assignee said! Mr. Hill denied the statements of the bankrupt, which were certainly, misleading. .- - : Bankrupt : The telegram was sent on the Bth. ■■•■•■■■■'. Mr. Hill : It wag sent on the 7th, and I can produce the wire. Mr.' Nolan: If bankrupt says he received the money before the wires were sent, and Mr. Hill says he can prove the wires were sent on the dates he mentioned, then the matter can easily be settled. ..'■'.' Mr. Hill then asked leave to secure the copies of the telegrams from his office. * Mr. Wauchop : You did nds furnish him with a list that day? — No. Mr. Nolan : If Mr. Hill can show the telegram waa sent on the 6th, then it shows you are wrong. Bankrupt : I paid' half a arown for what I understood to be one telegram. Mr. Hill thereupon produced copies of the telegrams, showing, the dates as stated' by him. Mr Nolan : That note re Whitaker was for your own purpose, Mr. Hill ?-^«That is so. I sent the names m code m such

cases. ( ' . Bankrupt (to Mr. Hill) : You wrote me advising me that you had received" a reply on the 15th '/—That ; was after the security had' been signed. The assignee; That letter might have been written any time after the reply llad been received.

Mr. Burke : I cannot see that ihe question of dates has anything to do with the matter.

Bankrupt: On the Bth February I received a receipt for the lease of the farm. The cow was not purchased t:ll threo days later. I was unable to show the earmarks until I purchased them.

Bankrupt : Do I understand that portion of Balkind's securities do not stand, also one of Lysnar's? -

The assignee: Yes. Tlie bankrupt said 1 that he was m hopes of making an offer to the creditors within ten days. Mr. Wouchop : I think that is the best course.

Mr. Nolan : Bankrupt can notify the assignee.

This couvsß was agreed upon. The assignee explained that Samson Bros, held) m bond all the proceeds of the sale of the . estate, ' m accordance with instructions issued by him. The meeting then adjourned.