BANKRUPT MAORI.

Taranaki Daily News, 4 July 1922, Page 5

BANKRUPT MAORI.

LOSS ATTRIBUTED TO SLUMP. NOTHING TO OFFER. A meeting of creditors in the bankrupt : estate of Ruhe Rangitawa, laborer, of Rahotu, which was to take place at New Plymouth yesterday, lapsed, no creditors being present. The list of unsecured creditors was as follows: H. J. Eaves, storekeeper, Otakeho, £49 10s lOd; Goldstone and Patterson, tailors, Hawera. £27; E. M. Reynolds, store- | keeper, Oaonui, £l6; Newton, storekeeper, Kinokahu, £24 18s 9d; Forbes, storekeeper, Marokapa, £5; Waimate County . Council (rates), £l7 12s sd; Mrs. Healey, ■ fanner, Otakeho, £9 19s 7d; land tax, Waimate West, £2 19s 6d; Jack Tep, ! storekeeper, Rahotu, £7; Mrs. Cook, farmer, Oaonui. £3 10s; Mrs. E. McGonagle, storekeeper, Kawhia, £4 10s sd; A. Macfie, farmer, Oaonui, £5; W. A. Parkinson, Ltd., general printers and publishers, Hawera, £2 7s 4d; T. P. Hughson, store- ■ keeper. Rahotu, £6 0s 6d; Momona, farmer, Rahotu, £10; Currie and Jack, solici- \ tors, Wanganui, £6; total, £197 9s 6d. I Bankrupt had no assets to offer.

The D.O.A. (Mr. J. S. S. Medley) presided, whilst Mr. P. B. Fitzherbert represented the bankrupt, who was also present.

Examined under oath by the D.0.A., the banqrupt said he made a living as a laborer, sometimes contracting. He rented a house at Rahotu. He had land at Kawhia, one piece of five acres and another of about eight acres, which were both lying idle at present. He had been farming at A rawhat a Road, Oaonui, renting the land, but moved to Rahotu last year. He had a wife and four children. He also had to support two other children. He was bushfalling at present. He gave up farming on account of the slump. He could not make any offer to pay off any of his debts. He did not drink, smoke, or go to races. He attributed his bankruptcy to the fail of prices. His wife had no money. In the event of his coming into any of his mother’s land, he would pay his creditors from any proceeds he might get. ‘ As nothing could be done at present- to pay creditors, no further action was taken.