SYMPATHETIC CREDITORS.

Colonist, Volume LIII, Issue 13020, 8 February 1911, Page 5 (Supplement)

SYMPATHETIC CREDITORS.

\ BUSINESS MAX'S MISFORTUNE.

(From ''The Colonist," Jan. 25.) I A meeting of c,. quit;l unique cliaraeI t -;■ was held in the Deputy Oilicial Asi si;;i:"c';i loi.Mu yest"rdav afternoon, ! •■■,!:; 0 :l number of the creditors of Mr ■ A. (',. .W'.Kviay met t:i maki- him a pre->.i-i:tatii:;i. Mr Maekay being pressed by ccrlain creditors filed to protect j the interests of the remaining creditors,. His estate p.iid 20s in the .-£, and ["honi wns a sutplns beyond that. Mr .Rout, tho DoputV Oilicial Assignee, said that lie had found Mr Alackay'c books well kept and his book debts i'l the great majority of cases ge.'.id—<|i'.it<' '\n <>xeeptii>nal experience. Mr Mackay had rendered him (■very assistance, ami tho estate had h.v;i quickly and satisfactorily wound up, all ci editors receiving 20s in tho '■ ard the surplus being ■handed to .Mr Mackay. To have ihe lvinkruptc\ annulled v.c,1; an. expensive and tedious proces'-i, and though Mr Macivay had eoiiioii'.plated tint <'ourse he hael sinco decided not to proceed further. 31 r T. A. 11. Fi^ld said that he had to apologise for tho absence of Mr I. Giblin, und h" then presonled Mr M'nck.'t.v with a leather travelling hag •Mid a leather b::nuet box for Mrs Mackay, which were given as a token of ■.ip;.-rrciation of the conduct of Mr .Maelyiy, aivd sympathy with him in a lis-ition into which he should not have be.mi forced. The pnvontiition was im'kl" for the purpose of giving Mr Mackay something tangible wherewith to meet any slur that might hereafter b-' :-;st uj-.fin him for having to souk the protection of the Bankruptcy Court. Mrssrr, W. W. Snadgi'iss and F. Ed-v.-uds oudnrsed the remarks of Mr l''ield and expressed their appreciation ..;' t!><> I'.onourable conduct of Mr -Mack:iy. Mr M:i<'knv, in exprcssinp" bis thinks-, siid that the kindly treatment and sympathetic attitude of his creditors h:id jobbed his position of its most unpleasant features, and he \cry brulily tlnnkerl them for their consideration and for their action in making th. presentation