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I THE NATION'S GRIEF. I

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I Local Failure. I

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I Local Failure. I I MILFORD FISH BUYER'S I BANKRUPTCY. B I INSOLVENT A YEAR AGO. I I At the Pembrokeshire Bankruptcy court, held at I Pembroke Dock on Friday before Mr Bryant, deputy g registrar, John Ashley East, 6sh buyer, of 32, St. Anne's Road, Hakm, Milford Haven, came up for his publicflB examination. affairs showed gross liabilities ¡examination. of a?airs showed gross liabilitiesHH amounting to £ 215 14s 9d, and estimated to rank at B £ 185 Os 3d. There were 28 unsecured creditors for 1£80 10s 6d. His assets were estimated to produce £3910a, and there was a deficiency of X185 Os 3d. Debtor attributed his failure to Illness of self and I family and bad trade." B In his observations the Official Receiver (Mr H. W. Thomas), said that debtor, aged 42, filed his own petition and was adjudged bankrupt on April 11th, and an execu- jI tion levied on his effects on April 10th had now been g withdrawn. Up till August, 1907, debtor was employed I as a fish buyer at Milford by his brother. In August, 1907, he commenced business on his own account as a fish merchant, without capital. He discontinued this business on March 14th, and was now employed as a fish buyer by a Fleetwood firm. With the exception of a day-book, he had kept no books of account. The creditor shown as fully secured was for a balance due in respect of a piano held under a hiring agreement. The creditor shown as contingent was for a balance on current bank- ing account which was guaranteed by a friend to the extent of £ 50. The unsecured liabilities were for house. hold goods, X27 5s; medical expenses, X7 13s., and trade debts, 145 12s 6d. Certain furniture of the estimated value of JE5 was claimed by debtor's wife, as wedding presents.. j Debtor was questioned as to his method of doing business, and said that he had been in the habit of g sending fish to Bristol market. He said that he con- g sidered his present position was due to his illness. The Official Receiver: Did you have any serious illness ?-I lost my eye. When was that ?—Last March. Were you laid up for some considerable time ?—About gt six or seven weeks. t What have you paid by way of medical expenses ?—I can't say. Have you paid any medical expenses by cheque ?-No, t sir. You have paid some in cash ?—Yes, sir. You say that twelve months ago you were insolvont r- j Yes. t When did you first know you were insolvent ?-I can't say. I You said at your preliminary examination that you g knew about the time you met with the accident. Would H that be right ?—No, sir. I didn't know at that time. H Did you know afterwards. Did you find out when you recovered from the accident that you were insolvent ?—I Eg knew I was going back, and I tried to recover myself. fj| Did you as a matter of fact know after the accident that you were insolvent ?—I didn't know that. When did you first become aware of it ?-In the middle of February this year. g In reply to further questions, debtor confirmed his wife's claim to certain furniture. He also stated that a there were no outstanding debts due to him, he having been paid everything except a few contra-accounts. gi The Official Receiver Well, you are a lucky man. m The examination was adjourned, debtor to attend if requested. g

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