The Man Who Tried in Vain
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A47-YEAR-OLD South Wingfield man was criticized at Derby Bankruptcy Court for continuing to trade as a haulage contractor when his business was insolvent and he had no hope of paying his creditors.
Arthur Evans Hill, of Birches Avenue, South Wingfield, now a bus driver, told the Official Receiver, Mr. W. W. Jordan, " I was trying all the time to pay off the debts."
He admitted liabilities of £1,356 6s. 2d., with assets of £24 5s. 9d.
Hill said he began as a haulage contractor from his home in 1956 with £200 savings. He bought two lorries, which were later repossessed, and he lost £938 on them. He obtained another lorry under an agreement, but this was also repossessed.
Asked by the Official Receiver why he had tried a third lorry on hire-purchase when another vehicle was being repossessed, Hill said: "I hoped to get enough work to pay off both vehicles."
The hearing was closed..