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Advice was received to-day of the death of Mr. K, li. (Howley) Marpny. al Waipaii this afternoon. I hr adjourned meeting of creditors in the estate of .Malcolm Philip McPherson, bankrupt lorry driver, was continued his afternoon, there being present Messrs. .1. X. Nalder (Ollicial Assignee). K. A. Woodwitrd (1 ('presenting the bankrupt), 1,. T. llurnard (representing Messrs. ( .) Walsh and (A <l. Ancell), and the h.'inkrnpt. The latter produced a hook showing his income and expenditure over a perio 1 not covered by the entries in his bank book, and stated that lie had not been aware of (he necessity for keeping books from which be could learn his exact position at any time. Tlu> further examination of the bankrupt failed to elicit any additional information on th> disbursal of moneys received iiy him. but lie maintained that lie had been unable, to earn the amounts be bad expected, owing solely to bis truck breaking down. The failure of the truck in live up to its guarantee was mentionid, and bankrupt said that he would have claimed on Iho vendors bad be bad the money to tight a ease. r l lie meeting was further adjourned, the CWicial Assignee intimating that lie would go into the matter of bankrupt's compliance with the bankruptcy law as regards the keening of proper books ol account

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/PBH19300415.2.119

Bibliographic details

Poverty Bay Herald, Volume LV, Issue 17235, 15 April 1930, Page 11

Word Count
223

Untitled Poverty Bay Herald, Volume LV, Issue 17235, 15 April 1930, Page 11

Untitled Poverty Bay Herald, Volume LV, Issue 17235, 15 April 1930, Page 11