FAILURE IN CAMBRIDGE.

Waikato Times, Volume 100, Issue 16712, 30 January 1926, Page 6

FAILURE IN CAMBRIDGE.

PETITION IN BANKRUPTCY.

LABOURER'S RUN OF BAD LUCK. A petition in bankruptcy has been filed by Frank Grave De Ville, labourer, of Cambridge. The debts are £6O 10s 3d owing to unsecured creditors, and the assets, book debts, estimated to produce £3 10s. There is thus a deficiency of £57 0s 3d. In his statement bankrupt said that prior to September, 1922, his wife had been ill continuously for three years, during which period he had been working for about £2O per month. During his wife's illness she had to have frequent medical attention. His wife died in September, 1922, and his total debts amounted to about £125. He then sold the realising about £SO, which he distributed among his creditors. He then went to Hamilton and lived in lodging at £2 weekly for himself and child, working for the New Zealand Go-operative Dairy Co. About this time his creditors commened pressing him for payment of the balance of the back accounts, incurred during his wife's illness,, a certain- portion of which were still outstanding. lie had an offer of a loan of money to meet these accounts, and had sums from time to time,.of which, unfortunately, lie omitted to make a note. Probably about nine months intervened between the date of the first and last amounts being lent. During this time he was working and paying .the;.balance available after his keep;to the. creditors,; but shortly after the last amount had been loaned, which put him practically square with the creditors at that dale, he lost his employment. This would; be towards the end of 1923, and since then he had been working at casual employment. The cost of maintaining himself, together with what contributions he was able to make towards 4ho keep of his son, had.used up his available earnings. He was threatened witli proceedings for the recovery of £65 which had been loaned him early in 1925. He had subsequently paid back £22, but ia spite of this a summons for the balance had been issued in July, 1925. He had since paid a further £6 into Court on account of the debt. He was now earning £4 4s per week at Hora Hora, and had to pay £1 5s weekly for board. Prior to this job he had been out of work for three months, and his last preceding "job. was for eight months, which he lost on account of reduction in the working staff. A judgment summons was made against him in his absence at Cambridge on the 211 st instant. He did not defend this, as he was under a misapprehension a 3 to the date of the hearing. As he anticipated that the judgment creditors might issue a warrant of committal at any time, and he had no means whatever of meeting the debt, it appeared as if he had no alternative but to file.