IN BANKRUPTCY.

Gisborne Times, Volume XXVIII, Issue 2769, 26 March 1910, Page 2

IN BANKRUPTCY.

IX RE G. B. CHICK

George Burston Chick, cf To.oga Bay, builder, bankrupt, lias filed the following statement with r the Official Assignee (Mr J. Coleman): “I arrived in. Poverty Bay district in September. 1908, having come from Christchurch, and -being then in a quite solvent position. I started work i.n Gisborne as a journeyman, and worked till the end of January. 1909. I then went into the country—Arata ha—to fulfil a contract which ‘ I had obtained. I did well on this contract, and then secured another one in Tologa. Since then I have had two other contracts, and on each or them I have gone back, my heaviest loss being on the contract which 1 have just finished. That was made (greater -owing to the very had wea-

) tlier, I .then called my creditors together, and endeavored to effect a compromise, but was unsuccessful. Creditors have been pushing me, and I have heen forced to file.” The assets are set out as follows: Stock-in-trade at Tologa • £3O, book debts i(including. £147 Is 2d payable on contract) £258 18s 4d, cash in hands of Messrs/ lurk, Burnard, and SievIwright £4l 16s- 9d, furniture £3O, surplus from securities £O9 2.3 8d ; total, £329 17s 9d. The liabilities amount to £371 12s 9d, leaving a deficiency, according to- the statement, of £4l 15s. The only secured creditor is B. L. iSbott, of Christchurch, who holds a security of £BBO 17s 4d over a property m that town valued at £950. The list of unsecured creditors is as follows:—Auckland creditors: Acetylene Gas Co. 11s; Kauri Timber Co., £64 8s 7d; Hill and Plumber, color merchants, £ls ss; J. J. Craig Ltd., shipping agents, £ll 16s lOd; Briscoe and Co., ironmongers, £35 6s 7d; Smith and Caughey, furniture makers, £l6. Christchurch: W. Ley, color merchant, £lO 7s 8d; Mason, Strothers. and Co., ironmongers, £9 4s lOd; ,J. Waller and Co., timber merchants, £2O. Tologa Bay; G. Williams and Co., £SB 2s sd; T. Caldwell and »Son, £11; J. Onion. £3; J. P. Murpliy, £3 11s; J. Moore; £8 11s 3d; W. Hicks, i£2 8s 6d; H. Mackay £2O; H. Thomjp*son (wages), £l2 9s 2d; G. Richardson (wages), £6 8s; W. Thelwall (wages), £l 8s: A. Hicks (wages), 10s; J. Mullooley, 18s. Gisborne: Common, Shelton and Co.. £9 Is 2d;'Evans, Nield and Co., £2 13s 7d; Gisborne Plumbing Co., £45; T. and J. Dalrvrciplo, £1 11s'2d; J. Colley, £1; J. R. Redstone and Sons, £2; total, £371 12s 9d.