Polynesian., 1844-08-24

wv tibs ] StlSS NtS
failure. Neither do we consider the rremi.
SOS mad" over {. him us an asset of either es.
tate. MI. Dudoit had his election, and chose
I" retain his security, and any ar,unp, rm.nt
between the parties dots not concern the
creditors, nor has Mr.. Eudoit any thing to
d." with the estates affairs
To meet this am unt. we find Mr.. Green
ways , state has immcd ate a>a,Ialle assets.
principally IN cash, to tre sum of SI4.6i7,
and d uht'nl debts Gall Of which, with the ex.
cep'ion OF about S 600, NC consider beyond
a doubt 1921 10, these assets are indie pen.
d' 1t of Il large CLAIM the estate has up n Nr.
French's private estate. winch il Will no, be-
necessary for the cledilors to take into CON-
sheraton. if Mr.. French cum, $ forward l.,
pay up the deficiency, amounting to So 900
II the estate had renamed in the hands of the
ns>'9nres originally appoi' ted, My would
doubtless have seen Mr.. Frcnch's account
paid up to MIR Grernw avs estate, as ais, the
$1,000 per annum guaranteed by the deed of
partnership to Mr.. Grecnwny by r. French.
that duty now de,ol, es upon Mr.. Grecnway's
guardians.
We have now to look at what Mr. Wyllic
calls an approximate exhibit of Mr.. F,cnci,'s
position. This we had always hop, d to have
avoided, by Mr.. Frnch la, ing lis position.
if disSat;sti, d with his trustees. before some
other person of known property and respec-
liability and through, him making some ar
rangemcnt to settle all demands with time.
a liberal extension would, we know, have
been granted for the sake of Il quiet settle.
incnt with The concurrence of MIR. Frcnch's
trustees. but as that has not been done, we
are Obliged to examine schedules a, B. C.
and ID, which We have done with the great
est care, and after removing the gil, fioIn the
gingerbread, s,thirkly laid on, we find Mr..
Frrnch's position docsuot accord with MIR.
Wyllir's exhibit.
We find that Mr.. Frcnch's certain and
p%"sItiv" private debts n,nrunt to upwards of
$4,000. the deficiency upon MIR. Green.
ways estate Is as we before observed, about
SI4,6OO, these amn"nts have M claim to in
ler'st accounts nor d" they include any
amount Tor Il larg" claim in dispute, which
MIR Reynolds repre- SCENTS on account "f Mrs
E>a,ts. or Of $1,000 per annum. to be paid
to MIR. Grernw ny provide d the settlement of
Mr.. Frencl's private debt to his estate does
not leave sufficient in favor of the estate I"
prevent tn" necessity Of claiming unh. r that
clause in the cnpartnership deed To meet
" ''''| VI V>''c'' WV t''' wv
find Mr French possesses effects. such as
real estate, cattle, sheep, horses. goats jack.
asses, SC. &c, furniture, schn"ner "Rer."
S me old stores, SC which we consider
might produce, but at an outside valuation
Sl',rM within one year fom this time.
should the creditors be- 81 indulgent as to n-
low him that extended time upon all amicabIc
arrangement there then rem aims about S +.
q M ,.H liam, a., .-J Il l.. I~ A..
French, but we think tile will he obtained
from them within twelve months, and the SIC,
934called d mbiii! we consider no doubt can
exist respecting most OF them
Such ia "Gr view of schedules 4. B, C.&
d. MIR. Willie has made them the sui ipct
"f public discussions. ut W. are inclined 10
think. that bctnrr these affairs are settled,
MIR. French will exclaim in bitterness of spir-
it, "if you call this backing your friends. Il
plagn" upon such backing =
The question Of the true value Of Mr..
Greenway's stock is insiduonsly raise, d by
the committee for some motive known To-
themselves. it certainly will not forward "A
fair and amicallr settlement. The real val.
'r Of that stock was what it would have pro.
ducrd at a sheritf"s sale I" have taken pla"c
within one month from the It'll March, 1912,
the date of Mcssrs Pierce and Brewers
Judgment against Mr. G~reenway for upwards
of s O,Om NJ. had not Mcssrs Simpson aud
Skinner advanced the money, which would
We imaginr hav" been full - per cent less
than the prices obtained by the assigncrs the
way they sold. Where was the great CAPT.
'alist partner at tat time Did he C. me
forward at this crisis to pay n partnership debt,
whenhls partner wasa prisoner tor theamount:
No,hc could not bring II dollar to his rrlirf,and
yet, according to Mr.. Wyll,e'S account, he is