The Dorset County Express and Agricultural Gazette.
Dorchester, Dorset, England, 1867-04-23 00:00:00

EXETER DISTRICT COURT OF BANKRUPTCY

Tateromr.—(Before Mr. Commininner Apparwe).

1 Re WILLI,aw SawalD, baker and grocer, of Dor-
chester. Meeting for last examination and discharge.—
lie. Symonds appeared for the aa.ignees and opposed
the bankrupt ; and Mr. Petherick (of the firm of
Terrell end Petherick) appeared for the bankrupt. The
official assignee prevented the following report :—Bank-
rapt owes to creditors unsecured £6BB 11.. 91.; and
payable in fell. £22 15s. 71.—E661 V.. 41. Arista :
Debts—good, £53 13... 2d, • doubtful, £26 17.. 101. i
bad £213 5s 64 worth alto/ether about £5O ; caub
banded to solieiton, £l5; total, £B5. Defidency,
£596 7.. M. The bankrupt's expenditure for the support
of himself and his family is estimated at (150 a
The amounts owing to unsecured creditors are very faisly
vouched by the Invoices. About 156 is due for money
borrowed, and the remainder is swine for goods
purehased. The whole of the bankrupte effect. (seated
to has, been said in January last under • hill aside beld
by hi. brother. The bill of sale had been previously
held by • Mr. &Maya, who premed bankrupt, and
was paid off by bankrupt's brother, and the bill of sale
was tran-ferred to him in oonsidemtion. The bankrupt
ha. filed in acieordance with the order of the Court,
a good'. and cash account for the period of 2 years
pr ceding his bankrurcy. The goods account own-
menoes with stock and furniture in hand, of the estimated
value of MO, and shearu goodapurchmed during the two
yeamas assertsined from in voicesandetate men t s rendered
by creditors, to the extent of £fifll as. 51. In aidition
to this amount the aecmot is debited with goods poi,
chased to the estimated amouot of (547 14a. 41., and ,
ptollt on goods sold amounting to £5213 44. Ild., being
estimated at on average of 25 per cent. The goods sold
as. ascertained from the books, cud traced on the cash
account and debtors' list. The effect. Poll under the
bill of sale realised £llB, upon which credit is taken for
an estimated lots of £l2. The cosh seciount thew,
total cash receipt. fr.na trade and lodgings daring
the two 'sore amounting to £1,129 19.. 41. Of this
amount £1,415 3a. 541, is estimated to have been taken
in re.dy money over the *minter. The remainder is
'hewn by the books. The *sib payments are principally
ascertained from voucher.. The bone. and trade
etinnses are intimated. Mr. William Vernon, mar.
eh nt, Ford ington, is the cred i ton' assignee.
£19.17s sd. has been collected by the official assignee."
. . . .

The bankrupt and his eon were examined ai'some
length by Mr. Bytnoods, and Mr. William Vernon oleo
gave evidenee.
Mr. Symonds *untended that bankrupt had brought
himself within the 159th maim of the Bankruptcy Art;
that be hail bees for the spree al several years in •
state of insolvency; that he had eantrected • debt of
C3Oto illt.Veroon without any promise* of being able to
repay it, mad obtained that loon through tniereprwate-
tiation; that be bad omitted to keep prop.r beaks of
Se.ollllt, and that he bad expended hie m•it.ors' mossy
In improvieg the property of his eon.—Mr. Petherick
baying replied on beh•lf of the bankrupt,
Hi. Honour said that the real queetions were two—let,
se to whether or not the bankrupt had wilfully omitted
to keep proper book. of amount. There was nit
evidence to show that tbe bmitropt had
wilfully omitted to keep proper book. with intent
to control the true Mete of his affairs, although
IL. books had not been well kept ; second,
whether he had contracted debts without an)
reasonable prospect of paying them. His Honour was
of opinion that the bankrupt ought not to have
borrowed the money of Yr. Vernon, as be could
not have had • reasonable prom:act of re-raying
him bulb. did not consider the trade debts had been
wrongly contracted. In consequence of his having go
contracted the 'debt to Mr. Vernon, the bankrupt's dis-
charge would be suspended for eight months, with
protection.