Polynesian., 1844-08-24
OBSE r V A TIONS

OBSERV ATIONS
UroN II REPoRr OF THE COMMITTEE OF
ENQUIRY, &c. &c. AS PUBLISHED IN A
SUPPLEMENT TO "TnE PoLYxEsIAN" OF
II 10TH AUGUsr.
Messrs. Wyllie and Johnson were solicited
at Il meeting of Mr.. Francis John Green
ways creditors, to examine the books
and papers belonging to the estate, and report
thereon, to this the meeting cnnfincd them
selves the report presented travels much be-
You'd that limit, and embraces Alr French : af-
fairs, now under the management of separate
trustees. The spirit in which the report is
written. Causes us to offer to the public the
following remarks upon it.
Messrs Wyllie and johnson appear to at.
tach great weight, both 10y the heading ofthc
report presented and in their commitment MS
with the undersigned, to the circums,anc"
that an acknowledgment of partnership was
entered i" the first page of Mr.. Gre"nway's
waste b"ok or journal, on the 18th of June.
1910. The entry Of an acknowlt dgmrnt of
partnership in books sacred to the proprietor
and his confidential clerk, was not to be made
known to the public, else why .Mr. French's
and MIR. F.. J. Gr'enway's advertisements in
the "Polynesian," dated MAY 18th, | SO
the one requesting all unsettled accounts to
be presented for adjustment on or hef,rc the
lst. July, 1910, the latter announcing AIR
Greenway as having taken the premise y for
merly occupied by WIN. French, Esq for
the purpose of conducting u genera! mrrcan-
tile business, and soliciting in his own name
only a share of public patronage.
MIR. Greenway commenced business and
soon obtained unlimited CT. dit upon his own
name. MIR French was carrying on a sepa.
rate business At Owyh-e, solely on his own
account. principally with goods obtained from
the store. known to the public as Mr. Green.
ways. By Mr. Greenway's partnership, ne
DID not render the business carried IN under
the name Of F. J. Greenway, liable to Mr..
trench's debts, although Mr. French is liable
tor MIR. Greenway's trade debts, having par
tlc,pated in the profits. Mr.. G d d not par.
t'c'Pate in the profs Of Mr.. French's scpa.
rate business, either brf;,re or after the part
n'rshlp. MIR. G~rpenway' $ estate is only liza
ole t"r debts contracted under the name off
> I~reenway. Are near $4,000 mmedia,e-
~ available, belonging to M. Grcenway'S
estate, to he divided with MIR Frrnch's cred
't"rs, some of whose amounts have been out
standing since the year 1885?
Mr. French's estate is of n nature the mcs,
d'thcult to realize upon, and sucI, as no pru.
Gent merchant would invest any but surplus
capital in, and Mr., Frcnch's creditors must
prove upon his separate estate, they have
nothing to do with MIR Greenway's; c nse-
quently there are two estate and not one
JON. one, notwithstanding the decision of the
East India merchant.
we have gained very little information
from Messrs Wyllie and Johnson's confuse
accounts of the two estates, but have refer
req carefully to them, and with the i%nfnrua-
ZION we possessed Of the affairs of Mr. Green
ways estate formerly. we think the following
opportunities t" the true present state.
After deducting such amounts as have
been paid by MIR French's Trustees to Mr.
Hre.nway's creditors, and amounts received
oy Mr.. Reynolds under his Judgment and set
on against his own claim, we find Mr.. Green
ways present liabilities amount to s %. 200 or
Whereabouts +; this amount does not include
me claim Of Mr.. Jules Dndoit for SIO,343 80,
It being a satisfied claim, and in no bank.
ruptcy or insoIvent court in the world would
II be allowed to be proved, unless he gave up
Ms security and came in with the general