Estate of Frank Palmer.

Manawatu Times, Volume VIII, Issue 318, 20 July 1883, Page 2

Estate of Frank Palmer.

Tile first meeting of creditors m ithe above estate was held m the Court HoaFe this morning. The were set down as follows : |/4~ Manawata Building Society L9O ; j Kin^f, Fenton, and others, L 140; Taylor and Watt, LlO Gs 6d ; P. Hall, L 5 ; T. D. Cummins, L 2; T. F«rrv- L 2; Fiygerplj^ 17s 6fff Chronicle, L 8; Patea Mail, 1,2 10s ; j Manawatu Herald, Ll ; Manawatn I Times,"' US 10s; Milverton, '„ L 2 ;1 ' Wollerman, L 5 6& 6d; Ket'stlafce, Ll LBs ; McDowell, L 4 lOs; B. Manson, Lls 18-i 10d ; Snelsony L 4 Sb 9d -, Nathan, LlB 11 7 d ; Woods, L 4 9s 4d; Jordan, 16s ; Hockings, L 3; Q-ibsou, Ll4; 0. Roe, Ll 5s Gd;' Palnuu-ston Brewery Company, Ll 1 fs'tid ; Fenton, L 6 ; Has'tie, Ll 12s Od ; J. C. Simpson, Ll ; W. Moore, Ll; Hawkinvand Son, Lls: Total L3G7 12s Gd. The assets are set down, as house and land, mortgaged to Building Society, and King, Fenton and otheWf o^239 • furniture, L 25; Rogers, Olive, Napier, judgment three years ago L'sß ; bdolt debts, L 96 18a- total L479 18s. Mr Gr. W. Russell was appointed Chairman. Proofs.. |vf t . : debV~wer# handed' m by the folio wing;,— T. King, for Palmerston Com jtauy; £ 1 7s ; W; T. ! Wood , £4 15s 4d ; . J. .Gioson, £14 ; G. W. Russell, £3 15s; George,; Dinsdale, ci Co., £15 '& lOd; J. King and others, £34 6s UM. ! .] M.r Hawkins objectecl to the last proof of debt being admitted. I Mr King explained that he was proving^ for a balance -not covered by the security he held, atid the decided, after reference j to' ihe'Act. fo^nntfthe claim. The debtor was then sworn by the Chairman, and deposed that he had been m. .. Palmerston about three years; came here to work at tjie* 2 Bpewery; was not jSnanpially. invol•ved then ; was .mixed. ..up \jith a partner there iv tra,ining horses, and had to pay a few pounds ! of debts, paid this out of money I received from. Home ; was through the court at Waverley ; some of the previous creditors got 3Cs m the £. This was about Seven yeaas ago, was travelling a'hbrse lu.this district' last seasou got between. 7o and. 80 mare*; and the a-verage - receipts . would .be i£4 10s from ieach; 1 - All the- mares stinted ( are not entered m ■ the book , .produced ; . not more than five are left out: do not kndiv :tne -namea-' of tke? owners of these, from some I received only £1. "VSfith these'^deptions eve.iy transacton is reporded m the book produced. [From the book it appeared that 79 mares were served. The list of,. aßsets i; sh6wed tliat some L 3 4; was still outstanding for services, excliid* ing guaranteesi] There were about 22 mares for which the fees went Tto jpay'oldH debits QodtiiaJbted \vith their owners, I served three mares for Berkfeldtjwhom I owed money to,, K!he>/;haiftn g'J ..paid its . Bfdvjan;ce ; ;, ?seFved.2:|&jr do.chran ; to paifpft a yy plleripan ; 3 ror^iy^annesr^d ; 2;fpr,: 'B&fohe\p^j'\for rt^wn^ji'fi/ received money r ,,^p v ; p^y^necjessary^ expenses ; 1 for M/Minri, taken out* m adveriisn ing; .'SO, is now owing for guarantees!; with the jßX(?eptionof;ll mires 1 havp hp,d all ; the money for |the rest "to worVupou, as shown' By the "book produce^, amoumying, to £226. 1h f ave had ho 'binef BouTce "oi income during the past twelve months, except fctf w'natrilhav;^- sold :and:>mbiiey I have borrowad, I sold the horse i for %874* 1753, arid deceived' iff ca^h. £39. I owed the purchaser, Barry £35: It -was Bold .between three and foiiV months ago." ~I was not presfeedi" [at this stage Mr Hawkme cautioned the debtor, say : ng he was stating! what was nut true.^ Witness (iontin ued that Fenton was pressing him' 'at-- the timV'the 'hSrse jwas sold. %h&:. i £85 owing ;to Barry , was f or " nyraey lent. I bought iip^ two yeai'S ago' , from ; Masp v n t ' and, for^ £^), s ilaftded in .^Vellingtbn. ;.^l fold p"eople J ..paid;s£2oQ for him: ; I;never por^ rowed- maneyifiora Throne" of Napier I sbent :\M£ of m.j! money m? trying: ■to-get in 1 accounts owing to me, and have been paying casb f! f6r tn'e;las\ two,or.thr.ee"months. ,1 do np^ know, what I owed* when the lid rse season began because I do not go "into ifig*n'reb.'J I h^d to live and |buTy food for the horse. The horse is itiirin, nly staWes^and I looking after.' him, for, Barry. ; I j-have npt kept; any bopic^.. I^i^.not get anyj re^ ceipt'fronj Barry for the money I paid : back. 'Bairy was to ■ pay Fenton , the.£29 l7s and I gave -him a receipt as sole owner *f ; the horse. I cannot, produce; any document .to .show .that I awed Bai'ry £35 ; the sale of the horse .was a" straight " transaction.* Mr Lowes, of Ashurst, has no interest; m the horse. Barry, I believe, bor^ rowed £9 from , him. 5 1 never asked Mr Lowes for £9 17s to make; up thusumdueto Fenton on bill of ; sale. I sold ; some dogs also, and : some I, gave away, one was^ bought by Mr Lowes-for £8, and another fors^l," I Jiave jio other assets > than ;those set down. I have done nothing to : earn a living since, .the jClpse, of \ the* horse season. 1 have' been in;Mrj Perkins* f office most, of the time as 1 got letters from him"' nearly ey^ry day/askirig for payment -'of money.' I could not get .away to work, as I' had to feed the horse. Barry does not pay me anything' for/dojng this 7 I have leased the horse frojn,* Barry for the next season at £2 per/ week. He pay 8 for his food m the meantime. The season lasts about four months, and for that I shall' have to pay him aboutv£3o.r a i '~ i: , The .was , adjourned- till Hondaynext at XO.B^ .on -the motion of the Ctiairnjau, secoad^d i by Mr George. ! y.; i