D.—No. 5

10. It would be desirable that as great facilities as possible should be given for taking estates out of Court, and for winding them up under private arrangement; and this seems to be the best safeguard for the speedy administration of the debtor's estate, and would materially diminish the cost attending it. I have &c, Hy. M'Culloch, The Hon. the Attorney-General, Wellington. Resident Magistrate.

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CORRESPONDENCE RELATIVE TO THE, &c.