The following Is n sample of some of the Press telegrams sent from Gisborne 1—“ The first meeting of J. B. Soott’s creditors was held thia afternoon. The bankrupt stated that he put in £lBOO capital into the Masonic Hotel in 1883, and began to lose money on the business. Two years ago ha borrowed £5OO for the football investment, and he borrowed £BOO from Mr C. D. Kennet, of Gisborne, and sent the £3OO from England, but it had not been paid. The takings of the hotel had been £7786 in 1887, £6519 in 1888, and £5200 in 1889. A motion was passed that the license be sold, and the meeting be adjourned for a week to allow outside creditors to be represented." The message is misleading from beginning to end, and that portion of it which approaches the truth has been put in a way so as to ensure a different construction by a person who does not know the truth. The bankrupt did not state that he put £lBOO capital into the hotel in 1383 and began to lose money on the business. He did not say that two years ago he borrowed £5OO for the football investment (sic). There is no creditor in the estate named Kennet, and, assuming it means Mr Bennett, the bankrupt (whatever he may have meant) did not say that he had sent the £3OO from England and it had not been paid. Even in the comparative statement of the moneys taken in the hotel the figures are not quite correct. The-meeting was adjourned to give outside creditors time to prove in the estate, which may be a very different matter to being represented. The paragraph is a parcel of misstatements, and we do think that those who object to the conduct of the bankrupt—as wa ourselves most strongly do—should deal with the matter in a fair and straight, forward way, and not resort to the discreditable tactics which are shown on the face of the above quotation, No matter how bad a case may be men should des! fairly with one another. ‘ Let a man have fair play, extend to him that privilege which is characteristic of the true British spirit, and if ft is then found he is deserving of punishment give him bis deserts.
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Gisborne Standard and Cook County Gazette, Volume III, Issue 358, 1 October 1889, Page 2
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385Untitled Gisborne Standard and Cook County Gazette, Volume III, Issue 358, 1 October 1889, Page 2
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