Cuddio Rhestr Erthyglau

19 erthygl ar y dudalen hon

..--Bujor Bankruptcy Court.


Bujor Bankruptcy Court. THURSDAY. Before Mr Registrar Jones. A BETHESDA BANKRUPTCY. Evan W. Jones, Cambrian House, and Hope Hall, Bethesda, trading as E. W. Jones and Son, tailor and draper, appeared for his public examination, his accounts showing gross liabilities, E1016 12s 6d; due to un- secured creditors, t732 10s 9d; assets, es- timated to realise, E285 6s; alleged cause of failure, "taking large stock in starting busi- ness, and bad times following immediately after I opened." The bankrupt, for whom Mr D. Griffith Davies, Bethesda, appeared, stated that for some years he was a cutter at Hope Hall, Bethesda., at a salary of 3os a weeK to begin with, which was afterwards increased to E3. He afterwards tcok over the business, and at that time he had a capital of E30 in cash, and two houses, which were subject to a mortgage. Until about six years ago he had a small grocery business at Cambrian House, Bethesda, but it did not pay, and he gave it up. One of his sons had always assisted him in the tailoring business, but there was no partnership between them. He Lad been aware of his insolvency for some years, but kept hoping that things would improve. His liabilities had been conside- rably reduced during the past 18 months. He received a. severe check in the business some years ago, when the quarrymen at the I a' Penrhyn Quarry were only employed for four and five days a week, and when the strike came his takings fell off considerably. About three and halt years ago he commenced to borrow from Isaac Gordon, but he did not then know he was dealing with a Birming- ham moneylender. He saw an advertise- ment in the name of Williams in a Liverpool I paper, and applied! for a loan of £150. He got the oney and signed a promissory note for t200, which amount he repaid in full. He obtained a second loan of the same amount on similar terms, which he also paid off. He then applied for a third loan of £ 150, and signed for L200, and repaid £188, and whilst paying this off he got a fourth loan of the same amount, in respect of which he had repaid £66. He had thus received in actual cash £ 600, and repaid £ 654, and there was now something over £ 100 due. His great mistake had been to start business with an insufficient capital, but he believed that had it not been for the strike he would have been able to pull through.-Tho exa- mination was adjourned to the next sitting, the bankrupt being ordered to amend his deficiency account deficiency account. A STATIC)XMASTER'S TROUBLES. Edwin Williams Harper, of the Station House, Conway, stationmaster, presented accounts showing an indebtedness of £ 290 13s 6d, against assets estimated at £ 28 3s, the alleged causes of failure being "continued sickness in my family; I was ill myself six years ago,and I lost a child at the same time." Replying to the Official Receiver (Mr W. G. Williams) the bankrupt stated that he had been sbtionmaster at Conway for the past 15 months. Prior to that he had been at Connah's Quay and Prestatyn. His present salary was £ 110, out of which he had to pay ¡ house rent. He had been in difficulties for some time, in fact, ever since he went to Prestatyn five or six years ago. He had had a good deal of sickness in his family, and 'I had himself been laid up with pneumonia. Had it not been for this he would have been able to make both ends meet. In March last year he endeavoured to carry out a private arrangement with his creditors, under which he agreed to pay £ 2 10s a month out of his salary, but this he was not able to carry cut. -The examination was closed. AN ANGLESEY CASE. Jane Jones, of Tyddyn Rhosmor Farm, Liangwyfan, Anglesey, lately a farmer, came up for her adjourned examination, with lia- bilities scheduled at £ 145, and assets, nil. The Assistant Official Receiver questioned the bankrupt as to certain farming stock which had been forcibly removed from Tydd- yn Rhosmor to Cerrigydruidion, Llanerch- ymedd, a, farm in the occupation of her brother. The bankrupt alleged that these effects were the property of her son, and that she had no interest in them. It transpired in the course of the examination that pos- session had again been obtained by the Offi- c-ial Receiver, and that the effects had been, sold by auction for the benefit of the credi- tors, the amount realised being £ 148.—The I examination was further adjourned. I A HOLYHEAD FAILURE. James Feltham, late of the Spread Eagle Inn, Market-street, now of 10, Trearddur square, Holyhead, licensed victualler, re- turned his liabilities at JE144 lis 8d, and his assetss at £ 51 19s 6d; alleged causes of failure, "taking over heavy liabilities, ex- orbitant expenses with my wife's family, and falling off in the trade.—In answer to the Assistant Official Receiver, the bankrupt stated that he was at present employed as caretaker at the Market Hall, Holyhead. In November, 1897, he took over the tenancy of the Spread Eagle from his father-in-law. He undertook at that time to pay off a claim of R16 per cent. He had no capital when he commenced. He was very much handi- capped by being obliged to keep his father- in-law, and two son?, and two daughters, for about six months after he took over the > business, in addition to having to provide for his own family. He was formerly colour- sergeant on the "Neptune," and much of his custom was drawn from the gunboat. Then the gunboat left Holyhead, in consequence of Fashoda. business, his takings fell off con- siderably, and he was unable to carry on.- The examination was adjourned. EXAMINATIONS ADJOURNED. The following casas were adjourned to the June court: -David Evans Hughes, Cae Mawr, Llangeinwen, Anglesey, farmer; Philip Port Ayres, 15, Bangor street, Port- din orwic, contractor; Daniel Evans,of West- bourne Grove, and Central Buildings, Rhyl, draper and John Jones, of Chester House, Colwyn, greoer.

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