Liabilities Tls. 3,000,000: Application Strongly Opposed by Offici Receiver and Creditors: Not Making any Serious Effort to Meet Liabilities"
Strongly criticizing the gambling spirit and saying that bankrupt had deserved all he got, Judge Grain at HM, Supreme Court on Thursday, refused an application for discharge in bankruptey by Judah Tssae Ezra, whose Iiabilities were stated to be in the neighbourhood of Tls. 8,000,000.
The application was opposed by the Official Receiver (Ar. R. PF.
Mesurier) and representatives of two of the creditors, Mr. C. Stigter, for the Netherlands Indies Bank, und Mr. C. R. McGuire, for Mr. HE. Morris, Mr. M, Reader Harris appeared for bankrupt.
'The Official Receiver (Mr. R. F. lo Mesurier) said Ezra was adjudi ated bankrupt in April, 1921, He applied for his discharge on' January 24, 1922, the application being heard on April 11, 1922. Since his Jast application for discharge, bankrupt had obtained employment with the China Realty Ca, Ld, at a salary stated to be $200 per month, Certain periodical payments had been made in pursuance of an arrangement between Mr. Ezra and Mr. lo Mesurier's predecessor to repay $75 per month, but these payments had not been regular, the Official Receiver told the Court.
The grounds on which he opposed the application, the Official Receiver continued, were in his predecessor's report, the paragraph reading as follows:— consider that the bankrupt's discharge should "be refused, under fection 30. "(3) Net 14, on.
That Tee GO) Urhue the hnnkeupt omitted keep auch books of and proper inthe business gents debt prov abe in the banker "mat the. bankrupt itn
tea eaatracting i enaonable or etn able' to pay tt, td). That. the Sankranti, rough, he bank intone and by gambling. have heard from various so-urees that bankrupt has not mate nully altered his mode of Rife," the Official Receiver concluded, "and is not taking any serious effort to meet his liabilities."
Text read from the printed page and cleaned; old type leaves the occasional error.