| Notes |
- LOCAL AND GENERAL NEWS.
New Zealand Herald, Volume XXXIX, Issue 11979, 30 May 1902, Page 5
A young man named James Drinnan has been admitted to the hospital suffering from an injured foot. It seems that he was out; shooting -at- Kaukapakapa, and was; about 300 yds away from some others; when a bullet struck him in the foot, having apparently struck some object and ricocheted.
A FARMER'S FAILURE. New Zealand Herald, Volume LIX, Issue 18006, 3 February 1922
A FARMER'S FAILURE.
ECONOMIC CONDITIONS.
STATEMENT BY BANKRUPT.
The causes of failure of a bankrupt farmer, James Percy Drinnan, of Kaukapakapa, are summed up in a statement received by the official assignee. Bankrupt, who is 30 years of age, and has a wife and seven young children, has lived all his life at Kaukapakapa. Eight years ago ho started on his own account on a farm of 329 acres, then owned by his father, under the arrangement that ho should graze the place subject to payment of the rates and the effecting of improvements. His father gave him stock, and he put in hard work by milking, cropping, and dealing. Later a farm of 288 acres was bought for ¹1036. A sum of ¹250 cash was paid, and the balance of ¹786 on a mortgage is still Although much time and labour was spent on the property, land values fell. With a further ¹250 stock was bought, and bankrupt engaged in cattle grazing and dealing. With the cattle slump, however, the stock had to be sacrificed. Meanwhile, the cost of living was a serious factor, and operations to his wife and accidents to his children cost about ¹500. A few creditors took measures to seize the property by distress, and he filed in. the interest of all the creditors. The bankrupt attributed his failure to economic conditions of the Dominion, especially those affecting farmers.
BANKRUPT FARMER. Auckland Star, Volume LIII, Issue 33, 9 February 1922
BANKRUPT FARMER.
DEFICIT OF ¹820. The creditors in the bankrupt estate of James Percy Drinnan met yesterday in the office of the Official Assignee, Mr. W S. Fisher. Mr. Matthews appeared on behalf of the bankrupt. The schedule sets down the amount owing to unsecured creditors as ¹2,046. The value of the farm on the Government valuation is ¹1,460 and the mortgage, ¹973, leaving an apparent surplus of ¹487. Other assets are stock and plant, valued at ¹634, and book debts and furniture worth ¹105, making a total of ¹1,226. This leaves a deficit of about, ¹820. In his statement the bankrupt said that he had a wife and seven children, of whom the eldest was nine years. He was at one time a farm labourer and share-milker, but about eight years ago he started work on his own account, his father leasing him a farm of 329 acres. This was rent free on condition that.rates and taxes were paid and general improvements effected. In 1917 he purchased from Messrs. Drinnan Bros farm of 288 acres, three miles from Kaukapakapa for ¹1,036. He paid a deposit of ¹250 and the balance remained on mortgage, which, with interest due had now reached the amount given. He had spent €700 in improvements to the property. Medical and hospital fees had cost him ¹500, but the chief cause of his trouble was the cattle slump, which had caused him a dead loss of about ¹700.
Questioned on the matter, bankrupt denied that, he had led creditors to that he owned both farms, except in respect of one creditor. Other questions suggested that the bankrupt had used some of the seeds and manure now owing on the farm his father let him have the use of on the conditions mentioned. With regards the extent of credit the bankrupt had received, one creditor said that he. had dealt with other members of the .family whose credit had always been good, Mr. Matthews remarking that the good reputation of the Drinnan name in the North had been the means of helping , the bankrupt into debt. The creditors decided to offer the stock and plant and interest in the farm for sale. Messrs. A. Buckland and sons and the North Auckland Farmers Cooperative Association were appointed to act with the Official Assignee.
New Zealand Herald, Volume LXVI, Issue 20396, 26 October 1929
Discharges from bankruptcy were granted to James Percy Drinnan, farmer, of Kaukapakapa,
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1891 - 1974 (82 years)
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