The Dorset County Express and Agricultural Gazette.
Dorchester, Dorset, England, 1872-05-21 00:00:00

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outer spread that tte jugular vela had bees divided.
women, ant ere a•wi to have defended theeessie.. with
"lllllrra..nNyWoemeriamhf:tl::PiaWnhhdiwtonyop
p4l something over EI,OOO.
muou br•very. It was not until the perima of the
ount7chkuseoff the machinery,
Mr. Norman: The bankers made the advents, town. 30) strong -and other harem had Wes eddied est
dr. W. Inlaid: %Pours dt.l you get the embl.:ooosihnieTneryh:dl
Mr. Pope said the first money on the credit side of that the riot/ were put down.
She bank book we. £1,000„ just after the date of Mt. ewww.wewee--
Illwardes in .
Mr. Here.:Vase this Mr. Sdwarda's money—this
aiscitte from Mr. 'Mud for £1,000!
Mr. Timed: No doubt about it.
Mr. Hare : That is all you began business with? The
feet is Mr. Edwards started you in basin...!
Mr. Tizard: N; no Mr. Norms, could not have
started unless the beakers bad assisted him: he could
not have pad his wove.
Mr. Hare: He kid L 1,0001) draw ou.
Mr. Norman: I had to pay more than £l,OOO at brit
or machinery, do.
After some further conversation as to 3 when the
- - amount was overdrawn,
' mad what traa the offer before the

Mr. Howird

meeting.
Mr. Stone: There is none, sir; we want you to offer
10e. in the E.
Mr. Howard to Mr. Tigard: Caesura you make some
offer?
Mr. Third said it was useless for him to mislead the
ereditors. He was not prepared with an offer.
Mr. Eliot mid the hemostats sheered that there sould
be • dividend of something betimes 7s. fid. and 10s. in
the E.
Mr. Weisford said supposing the debts were about
£4.000. and the assets &conned to be about £2,000,
they would of worse give 10s. in the E, but lithe eirlow
were to be relined by set-offe, no one could tell what
the amouot of the dividend would be.
Mr. Tiaard said the debtor gave up all and asked
whether they would swept it, or go to the Benkruptey
Court.
Mr. Welsford mkt this busbies was nothing but •
mushroom business from beginning to end. The man
had started without. farthing of eanitaL The ereditors
Wer3 naturally anxious to get all the money they
mold.
Kr. Pope remarked that ander the new Bankruptcy
Act the debtor did not get his release by payiog 10
In the E
Mr. Tined said It was for the creditors to say
whether they would ligeldebe or not. Ile believed Mr.
Bonen had done all that was just and right.
WeWord said nothing would lead him to sup.
pose otherwise.
Mr. Tieard : Why you we virtually& snared creditor
for 013 10s.. which being for rent eau b., levied.
Mr. Hare to Mr, Norman : Tbs truth is that Mr.
Edwards &cleansed you £l,OOO to go on with the busi-
DON.
Mr. Tigard: Mr. &tweeds advanced £l,OOO on the
ontbuildion, machinery, and all that wss there. It
was not registered, because it woo idle to advance
people money if they wanted to do them good, and then
proslaim to the world that they had got a mortgage.
Mr. Howard to Mr. Hare: You are fishing for infor-
mation for other purpose.; the feet is the money is a
lone. The business was an old-established our, and he
quits understood the important,* of keeping on such a
busbies' for the good of the town. Ile then snggestsd
as another eourse Visit the bunnies should go on under
• committee of inspection. Warn there any chance of
the estate then paying 10.. in the E.
Mr. Norman wee quite entails it would.
Mr. thas asked il the bank would be prepared to
advance money to tarry it on.
Mr. Howard; They do not want to take away that
pleasure from you, Mr. Hare—(laeghter).
Mr. Howard then asked what entrains were in band
that weld be worked out for the good of the estate.
Mr. Norman said there were very few contracts on
hand, but it would be well for the wasetittee to take
all the work that came,
Mr. Howard wished there could be a fixed dividend
of 10s. in the i; the debtor's energies would then be
devoted to get op the amount; but sales under •
liquidation were always a great low.
Mr. Wiekens said the question wee who would find
the means.
Mr. Bette said Mr. Norman bed told them he did not
as. any chance of obtaining a guarantee, but it well per.
peetly irrelevant to them where the money came from.
If information about the origin of the business was
wanted for other purposes he oonsidered it to boa waste
of time. Believing it to be the best for the general
body of creditors he would propose that the affairs be
liquidated by arrangement and not in bankruptcy.
Mr. Cox seconded.
Mr. Haze sbeerved that Mr, Bette bad said that the
origin et the beanies. was of no importance, bet if they
could make one elas a partner in this affair it would be
the best thing that could be dons forth, other orediton.
Mr. Than It is perfectly &baud and ridiculous to
Mink there is a partner.
Mr. Hens: I mad deny that It is ridiculous. He
trades under the name of Norman and Co.
Mr. Eliot quite agreed that it was a very reasonable
tmestion for Mr. Hare to ask, but he thought it had
been setistselovily answered. For himself be had
heard of any one but Mr. Norman.
Mr. Hass: I should suppose that as Mr. Tigard
heeded over the first £lOOO that he was the partner—
(laughter).
Mr. Tawd fawn that the beak would be down on
him very quickly if it were so.
There warn no saunter propoistion to that proposed by
hr. Betts end
Mr. George reed over the names of erediton Wrenn*
their assent or dissent when all sweated but Mr. Dyke
who said he most protest against any 001apr01116114
MI. Eliot thee proposed Mr. H. T. Owego as trues".
This intense@ wen safe in his hands as be was a man
of expiring".
Mr. Stow : Has he building experience?
Kr. Eliot: There will be a committee of inspection
to support or restrain him.
Mr. Stone: Very often the trustee makes all the
arrangements himself.
Kr. Wickens seconded and it was serried.
A coommittee of inspection wee this appointed eon.
misting of Mr. Bette, Mr. It. if. Eliot and Mr. Hobbs.
Mr. Tigard asked what allowance shoull be made to
Mr. Norman if be devoted his time to winding up the
basinees under the committee.
Yr. Stooe asked whether they wool! allow • lump
sum or • weekly payment; be thought the latter the
worse.
Koss. lays thought that with Mr. Normses family
£5 would not be too much.
Kr. Hors: Oh. sir, you are • amall creditor, and ean
aff,ord to speak feelingly.
Mr. Norman thought it would Mks nearly three
month. to wand up the business-
Mr. Stone sunested El • week.
Mr. Pilditch ? I should say £2 2s. a week.
Mr. Norman How con a man with • wife and seven
children lin noon LI 2s. a week?
Mr. Hare: How are the oreditors to live upon 10s.
in Ms 61 He would not fig the limit at 02 but 1•111/0
it with the somenittee of inspection to report on it.
Mr. Pumnros then proposed that Yr. Norman be
allowed £3 • week.
'lbis was agreed to, and the meeting separated.
--
, ?GLUM FRATRUII AND WiNFORD EAGLE.
The reopened vicar of the above-awned perinea. the
Her. T. Beenett, has bees presented by the Lord Chan-
sailor to a living in Yorkshire, and will shortly proceed
to his new sphere of labour. Not only will Toiler,
and Wynford sustain aloes, but the Dorchester Fanners'
Club, of which he was a member, the Maiden Newt=
Dedating Satiety, and other similar associations, will
miss his penance and support.