FAILURE AT EIGHTY

Stratford Evening Post, Issue 18, 16 August 1928, Page 3

FAILURE AT EIGHTY

i SON AND FATHER'S CHEQUES. BROKEN PROMISE. Application for an order of dttseharge was made on behalf oi Henry Denison, described as General H. Dennison, of Evelyn Gardens, FuL Jinm, in the Bankruptcy Court. The order of adjudication, it was stated by the Official Receiver, was dated Jan. 20, 1927. The proofs of debt and probable claims totalled £1,291,, and it was expected u.|".:t there Mould be a dividend of 7s in the £. Applicant had stated that he was a Colonel and Hon. Brigadier-Gen-eral on the retired list. At the time of his failure .he was in his eightieth year. There had been two previous receiving orders, and both had been rescinded. He had been without occupation since March, 1826', and had been dependent, on liis pension of £212, plus voluntary allowances by the trustees of a .settlement. His wife had a small Income. He attributed his present failure to having lived beyond his means, duo partly to unfulfilled expectations of profits from the lease of certain coal property which, was cUirged, and subject to the deed of settlement.

The Official Receiver added that between .lan. 26 and Dec. 7, 1926, a 1 number of cheques drawn by the apj plicant on the National Provincial j [Bank, Cprnhill, for £422, were eash- | ed by different people to whom they I | were returned by the bank marked. I "H.D." It was stated by the: . ap- ' I p.icant tlJvt those and other che. j j ques, or most of them, iiad been i drawn and handed by him to his son, ] | who had promised to give him the ; ' proceeds, but he did not do so. He I must have cashed them, with the various, holders. The Official Receiver, in opposing the application, submitted that the applicant had brought on or oontri- | buted to, his bankruptcy by unjusti- ' liable extravagance, and that in j drawing and personally, or through j the agency of his son, negotiating j cheques which it was doubtful whether he could meet out of his bank- I ruptcy account, he had been guilty of misconduct. Mr W. N- Stable, applicant's cguh- j scl, said his client had lived an lionourablc career. Unfortunately,' "7ft I his declining years, however, his income became straitened. It had been his custom to have as much j money as he wanted, and be had not j been able to adapt himself to condi-s t-ions, which had altered. ' Mr Registrar Warmington: The son 'seems to have been the cause of his troubles. Mr Registrar Warmington decided t 0 suspend the discharge- for two vears.