IS BANKRUPTCY.

Tuapeka Times, Volume III, Issue 176, 22 June 1871, Page 6

IS BANKRUPTCY.

Tuesday, Junb 13. In re — Moyle.— Mr. Copland, for the bankrupt, applied for final order. Mr. M'Coy appeared to oppose on behalf of several creditors — Firstly. That he contracted debts without any reasonable expectation of being able to pay them. Secondly. For fraudulent preference, and concealing property.fuo in which he is at present receiving benefit. The bankrupt was subjected to a very long and Severe examination. It appeared that he had been earning about £2 per week for some time past, on which he had supported a wife and child. He ascribed his insolvency to liabilities incurred in bringing in a water-race at . Waipori, and fear of his creditors sueing him in the Magistrate's Court.

George Watson, examined, said he was a mate of t the insolvents. They had been getting from 30s to £2 10s pec w-^ek. He had an "order, from Ms\ £Jox, -the purchaser of; Moyle's share, ..that he. wan to pay all dividends to Moyle till further orders. * • " v * • ' • •

Mark-: 'Biggins, trustee in the estate, opposed.^: the .ground that the bankrupt had got timber from him, and had since

sold the house lie built with it ; also coming into Lawrence and filing his v sohedule without -first consulting hia creditors, none of whom he believed would have pressed him." His Honour, after making a few remarks, granted the final order.

Wjedwesdatt, Junjs 14. In re William Strean.— Mr. M'Coy'for bankrupt applied for the final order. Mr. Hayes, who appeared for the Provisional Trustee, offered no opposition. | The bankrupt guaranteed to give the i trustees all the assistance in his power in realising the estate. Final order granted. In re Edward Stevens. — Mr. M'Cuy for the bankrupt applied for the final order. The Provisional Trustee offered no opposition. Granted. In re Hugh Cox. — Mr. Copland for the bankrupt applied for the final order. The Provisional Trustee offered no opposition. Granted. In re M. J. Alexander. — Mr. Hayes, for Provisional Trustee, reported hat he had not been able to ascertain any information in reference to this insolvent, which would therefore cause him to oppose the bankrupt's discharge. The final order adjourned. In re — Lette. — The bankrupt did not appear. Adjourned. In re Donald and Hugh Clark.— Mr. Gooday applied for vesting order in favor of Provisional Trustee.

Mr. Copland, for insolvents said lie had not received a note of this application, and requested an adjournment. Adjourned until the other b isiness of the day was disposed of. His Honour remarked during the proceedings that in future bankrupts and their solicitors would have to be more particular for the future in rendering a proper account of their estates. Hitherto tilings had been done in a very careless and unsatisfactory manner.