IN BANKRUPTCY

Stratford Evening Post, Issue 10, 23 September 1929, Page 8

IN BANKRUPTCY

ESTATE of G. H. KEMP. The abnormal spread of ragwort on his property was advanced by G. H. Kemp, of Huirca, as tha reason for Ins bankruptcy at. the meeting of his c; editors held at New Plymouth bn Friday before the 1X0.A., Mr J. tS. S. Medley. Them was a reported deficiency of £-11.7 4s 10 ell, allowing for promissory notes worth £146. Unsecured credits ors were owed £513 4is 10d„ a ml secured creditors £l3O, against which there was a security valued at £BO.

Mr W. A. Hewitt (Fanners’ Co-op-dative Organisation Society) wa s the only creditor at the meeting, at which hrankropt, was represented by Mr R R. Tyrer.

It was explained ■ that bankrupt owed bis father £329 and his father-in-law £l7O, but these creditors did l not intend to, claim in the meantime. Unsecured creditors listed were : Stratford Hardware Co., £5 14s 7d; Figment Box Co., £2O 18s sd; J. Kn'lsby, Tariki, £22 10s lOd ; G. D. Lithgow, Stratford, 16s 4d; Dr. Steven, Stratford) £3; Stratford! Hospital Board, £5 6s; Gane Milking; Machine Co.. Auckland! £ls 10s 2d; J. B. Mac. Ewan and Co., New Plymouth* £32; Criterion Motors, Ltd., New Plymouth, 18s; Eltham Motors, £6 10s Gd; Mcßiiin and Childs, Stratford, £8 10s; Farmers’.Trading Co., Auckland, £2l Is Bd;' B. C. A. Gaw, Stratford); 11s; 11. T. Cooper, Stratford, £4 17s sd; A. J. Griffiths, Toko, £1 Ss 6d; A. Kemp, Eltham, £4 6s; A. G. Biitherford, Huiroa, £4 ls ; Lightband and Warm, Ltd., Stratford £36 8s 6d; Newton King, Ltd., £25 Is 6d; W. Mclnnes, Stratford, £1 4s 6d; J. W. Boon, Stratford, £2 4 S 3d ; D. Richards, £l3 5s 4d; E. D. Evans, Stratford, £3 4s 9a 1 ; Union Foundries, Ltd., Stratford, £4 19s 2d; Masters, Ltd.’ Stratford, £5 19s Gd; R. R. Knewstubb, Stratford, 11s Bodle Bros., Stratford, £2 6s id; W. A. Brown, Stratford, £4 Ids 3d; A. W. 11; Go., Stratford, £1 16s Gd; Hunter and Lyons, Stratford, Is ; A. Beeslev, Eltham, £1; J. Jacobs, Douglas, £6 17s • New Zealand Loan and Mercantile Co., Stratford, £l6O 2s 6d; A. Fergilson, Toko, £3 16s; Farmers’ Co-operative' Association, Stratford, £2O; J. A. Stanford), Huiroa, £8; M. T. Phillips, Stratford, £8; Alnesbury, Ltd., Stratford, £1 ss; E. H. Eason, Stratford, £4 IBs 6d; R. !>■ I-ewers, Stratford;, £6 19s Gd; G. F. Rogers, Stratford, £1 15s 3d.’

the only asset was a, balance of £146 on the sale of a lease of a section in. the Kota settlement. This amount was secured by promissory notes over a period of five years.

Mr Hewitt the proposal of Mr Tvrer that the lease should be transferred to the HQ.A. and the transfer, facilitated to the present occupants.