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A RESTAURANT FAILURE.

BANKRUPTCIES OF SARAH AND K, C. KNOWLES.

, The ups afld. downs Of a tea room business were discussed yesterday after - noo'ri by the creditors hi the bankrupt estates of Sarah Knowles and Richard Chambers Knowles, late of the Piccadilly tea rooms. The meeting, whi-h ■consisted of seven creditors, was presided over by Mr C. Blackburn, deputy official assignee,. The bankrupt K. < : . Knowles was: represented by Mr <i. W. Willock, bat Mts Knowles was not able to be present. Mr Blackburn explained that the son, R. U. Knowles, had, practically entire control over the bu|iiies.i, of the Piccadilly tea rooms. , .Mr if; 1.1 Cilrispj who appeared for Mi- C: Rosic; :i secured creditor for rout and.aii adviiikCj stated, that it was probable Mf RVsie Would lose more than anyone else even if the realisable value put upon file plant arid assets by the assignee were obtained; it was' no<V proposed by Mr Rosie to pat the whole thin;; up to auction, if another man could not be obtained to go in. Mr Chrisp did not think that anyone could look for anything from the chattels; If the goods were sold Mr Rosie would not get anything near the £350, the amount of his debt. Mr Willoek explained that Mr King, the vendor of the house bought by Mrs Knowles, would probably take it back. Ikyjkrupt stated that he had been drawing practically nothing in w;iges from the business, to reply to Mr A. Mason, Mr Blackburn stilted that as far as he had seen the business books hud been carefully kept, Rinkrupt stated that his takings while at the beach duVing his term had been £650. After December the takings fell to about £IOO a mouth".

Mr Roseutcrgy stated that the amount of ice cream taken by bankrupt from him did not indicate any such falling off.

Mr 11. F. Forster explained that last season the Beach Society ran the tea rooms on a 50-50 basis, and earned £ll2 profit as its share for the season. Since December last, however, the season had ecu very bad.

Mr Rosernergy: You paid no Piccadilly accounts out of the beach cash? —■ I paid Mr Rosie two £2O cheques. Mr Rosernergy: I thought so; paying Mr Rode out of my money. To Mr Rosernergy bankrupt said that he had been to only one day's races during the season. He did. not, however, take on racing, and did not spend much money there. Mr Rosernergy: That does not matter. It's no place for a bankrupt. To the assignee bankrupt stated that he had no other banking account, except that into which he had paid the business accounts.

Mr Ro«emergy proposed that the assignee should make an enquiry of the various banks as to whether banprupt had .tiiv other accounts.

Mr Blackburn said that he could easily do that. With reference to the £2O of ice cream cones in the assets, Mr Forster staled that the society had had an arrangement with Knowles, under which the society was to lake half of them back.

The assignee said that they were now part of the bankrupt estate. Mr Findlav moved that the meeting be adjourned, and that the books be examined in the meantime.

This was agreed to, and the meeting was adjourned until next Wednesday at 2.30 p.m.

The inventor of the safety pin made a fortune. He sold liis idea and got a fair share of the profits by protecting his rights. There are more fortunes waiting for the inventors of simple commercial devices. Conic to us with your idea. We advise and secure patent rights. Henry Hughes Ltd., Patent Attorneys. 157 Keatlierston Street, Wellington. Local agents Ball and Crawsliaw. 31

“The blackberries iii iny district are half-way across the road,” said the chairman of the Manawatu Drainage Board at a meeting of that body. “They are blocking the drains. The local landowners have not done their duty in respect to keeping down the pest for the past ten years. Other noxious weeds such as ragwort are getting a hold; it is a serious matter for the district and our duty is to call attention to it.” Fo? Children's Hacking Cough, WftnWr' Oratil Pf>tiF~<rrn'iif Our* _ 1 It is almost forgotten that New Zealand has a memorial to the late Lord Kitchener, and that to-day is its 12th anniversary (says tho Feilding Star cf Saturday). It was on May 5, 1911, that compulsory military training came into force in our Dominion, and that policy, which aimed at using the raw material of our youth, was part of the Empire plan of Lord Kitchener, who toured New Zealand on behalf of tho scheme. He is dead—his scheme goes marching on. There is no known remedy which is so successful as Nazol in counteracting the influence of the germs which produw tioarsenees, wore throats, sneeaci/u. »nd UTminif n/w# H Dr. O. Coleridge Parr has been appointed by the Professorial Board of Canterbury College to be dean of the Faculty of Scienco -at the college, in succession to Dr. W. P. Evans, resigned. Professor P, H. Powell lias been appointed dean of tho Faculty of Engineering, in succession to Professor It, J. Scott.

"What perils do environ mankind."— Anon.

The advent of the chilly weather increases the risk of catching colds and coughs, unless you are safeguarded with Baxter's Lung Preserver. "Baxter's" is a rich and warming specific that speedily gets to the root of all winter ailments. Always gives sure relief in the case of bronchial and chest affections. Baxter's Lung Preserver is also an efficacious building-up tonic. 2s Gd buys a large bottle. All chemists and stores.—7

The foundation-stone of the Auckland University College is to. be laid this month, and tho Prime Minister has been invited to perform the function on or about May 23. The stone is to be of Coromaudel granite, and is to be plainly inscribed, and generally be of an unobtrusive nature. Only a chill and a simple cold. Only a store where the cure is sold, Only neglect and unwise delay, Only a. doctor called in next day. only - a week from your business lost, only a. groan when counting the cost, Only one way with the wise, be sure, Only Woods' Great Peppermint Cure.—6 The demands made for berthage accommodation for overseas vessels at New Plymouth are now more acute than ever (reports tho Herald). The overseas berth has been continuously occupied for several weeks past by liners from English and American ports and in several instances vessels have been kept waiting for days. It is a miatake to delay treatment for headache, sneezing, running at the nose, and full watery eyes. You should us« Nazol finely and persistently—»« it wit. «liv* prompt r*lW —7

Tho shooting season in the Wa-ikalo is reported to be better than for 20 years. In the King Country conditions are not so good. Pheasants Vnd quail are plentiful, but the ducks are "gunshy." It is very encouraging to be able to record a steady downward tendency in the price of all imported goods. While in some instances this is not altogether in favor of the trader, owing to highpriced stocks being on hand, there is only one way to cope with the situation, and that is to cut the price and give tho public the benefit. This is exemplified in the case of Prime's, Ltd., who have just landed a shipment of English vrhile and blue enamelled ware at astounding prices, and have brought the price of all similar lines down to presentday values. One glance at their window will be sufficient to prove this. Splendid serviceable goods are displayed there at give-away' prices, and as stocks in all lines are now arriving by every boat, IVhne'a, Ltd., promises to ho more popular than ever. Make Prime's your Ironmonger,*

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/PBH19230510.2.65

Bibliographic details

Poverty Bay Herald, Volume XLIX, Issue 16122, 10 May 1923, Page 7

Word Count
1,307

A RESTAURANT FAILURE. Poverty Bay Herald, Volume XLIX, Issue 16122, 10 May 1923, Page 7

A RESTAURANT FAILURE. Poverty Bay Herald, Volume XLIX, Issue 16122, 10 May 1923, Page 7

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