TAXI DRIVER FAILS.

Poverty Bay Herald, Volume LII, Issue 17079, 7 July 1926, Page 11

TAXI DRIVER FAILS.

Robert Kenneth Lcvick, a taxi driver, of Gisborne, in bis personal statement in bankruptcy, says:--, "I. am a motor driver by occupation, and commenced business on my own account in 1925. 1 secured a secondhand! car at a price of £450, paying no cash down. '! iie car was destroyed hv accident, and with the insurance money, Mr R. 11. Shanks, inv guarantor, advanced me £2OO In purchase' a new- car. .1 purchased a car ,at a. price of £575. plus interest, under a hire purelnt.se agreement, my obligation being to reduce this amount by £26 a mouth. 1 employed my car under an agreement with a motor service. but trade hi! olf, am! as a result of a dis- ; agreement. me arrangenu t.l wob tuat service was terminated. The car was seized by the owners, and I was unable to carry on business.” The bankrupt lias no assets, and there is an amount of £4Ol 10., 5d owing to j unsecured creditors, who are as follows : Mellor Bros. £l2; Gisborne Garage £5 15s: Whitfield and Kennedy £10: ITS. Motors £150: 'lt. 11. Shanks £2CO: Combined Buyers (Napier) £25 10s; A. S. Patterson and Co. (Wellington) £l2 15s; ITobsou £2 10s; Orrnonds Motors £4 5s Ed. A meeting of bankrupt’s creditors will be held in the Gisborne jury room at 10.3 C a.m. on Friday, July 16.