The Dorset County Express and Agricultural Gazette.
Dorchester, Dorset, England, 1861-02-19 00:00:00

'61067 10 7
2160 6 1

25V07 4 6

When Oiling and Co.'s account is finally adjusted, it
is exp.:a:test that 1:600 or .000 will be due to the estate.
surplua in expected from the estates of George and
Richard Ledgard, of 1:10,000.
Mr. WEI,CII observed that although the figures in the
account read are not numerous, they represent a
large amount of detail, awl hare been arrived at after
f):l7:..catriieenakntd. raen,="„tattkel'ar.S.. ofmihri;.Drsa.Yetiangadnll.
Without ileairing to prevent any remarks a hich any
creditor may think proper to advance, it is ear wish,
before slitting duals, to supplemeut some few Observa-
tions. In the tweets, you will observe one itetn of mag-
nitude, eiz., that of the " executors, Slash." It
recently and unexpectedly became a question for imme-
diate determination to Messrs. Ledgard whether to
increase this largo debt by a further considerable
advance, and although he felt the latter course might
jeopardise the mercantile trio, yet the propriety of
refusal became so evident that it wais acted upon. Uu•
fortunately the suspension of the mercantile firm
speedily followed. Before leaving this particular and
large asset, it is right the attention of the Bank credi•
tors should be drawn to the fact that in the present
estimate this is wholly put out of consideration, and
that any dividend which may arise from that source
will be an augmentation of Bank assets. Let it not,
however, be supposed that indifference has been felt by
Mr. Ledgard or his advisers, as to the necessity of *scaring
every farthing which can be realized from the estate of
the executors, Slade ; in order to this • power of
attorney has been Pent by Mr. Ledgard to the finu of
Me ,sirs. Brooking sled Co., at St. John's, and to their
agent in Trinity Harbour; so far, therefore, as the ere-
ilitoni of Messed. Ledgard are concerned, their interests,
with respect to this large asset, have been carefully
provides! for. It was during the period of anxiety on
the part of Mr. Ledgard, with respect to this heavy
debt and the surrounding circumstances, that another
transaction occurred which (knowing the desire for full
explanation evinced by Mr. ledganD it is our duty
now to mention. It is generally known that Sir Ivor
Guest kept en Account with Meson. Ledgard, and that
very recently before the suspension his rent audit :took
place, and the sums collected were sent as usual to the ,
Hank. After the second day's audit a further sum,
consprhing a large proportion of cheques was sent its;
this amount was one, which in the ordinary were,.
Messrs. Ledgers' would have to pay slyer through their
London agents to Sir Ivor Gueat'e London Bankers. ,
Mr. Ledgani, under Isis then circumstances, appears to
have hesitated in his own mind whether to refuse re.
eel ving this euits,but as this would have been tantamount
to auuouncement of the difficulties of the liank,the sum
was allowed to be received, Mr. Ledgard at the
time deter 333 i 3 dug not to send the clseque to Loudon for ,
collection, mad lie received a cheque on the part of Sit
Is or, which would enable him, contemporaneously with
the London remittance, to order payment over to Sir
Icur's bankers in town. Mr. Leslgerd'a deteruiination
to suspend (made as is generally known, spoil his own
view of duty. but without euufereuee) left these cheques
as depuaited with him, and unmixed with the general
cash tin the de, of suspension the agent of air Ivor
Guest called on Mr. Ledigard, who stated the facts just
as they had occurred, and the motive which had
&embed him. It appears to have been urged that the
nom•collectiou of the cheque. continued the property in
the custs r, and that therefore Mr. Ledgard was
bound legally and morally to give theta up. This be
declined to do, feeling that however unbusinearlike the
not dealing with this property IVAN lIIs clear duty,
under the altered circunistanee, was to part with
nothing. but at the proper time to submit the simple
fact, with the motive, prompting thereto before the
creditors. The period having arrived it has
bees our duty to make the stateuient. It should be
added that there are some other bills "not receivable,"
and on which the bankers had no lien, also claimed by
the particular customers ; by reference to the balance-
sheet this will be observed. One case bearing special
notice is that of • gentletnanat Bournetuouth, on whose
beloilf money was paid into the Rank of Oldies and
Company, after the suspension of the Banks in the
country. and, as it appears very clearly one way or the
other, after a telegram from Poole to the London ,
agents. A. regards the freehold assets, we have care- ,
fuily considered the value et each property separately,
and ill every cane have sought rather to underrate than
COV,IT toll the saleable value. Ti,. separate pnq cities,
bathed Mr. Geoige, and the late Mr. Itiehard Ledgard,
it is needless to say to men of busiiitea, are primarily
liable to their own d. bts ; the value of three estates has
possible to
ible;7oe,:irir..'iate.aniudit..'ttrtohleati.ilw;dhdoplaben.zneenda. Itirgeoratrastednasttproulr're:pit.luirt.sn: ; fni:e.maianc.ht.ll:Ledaast
mbegsrset.du
haa the first life.interest : Mr. laidiard 1153 the
second, with this omehtion annexed, that in the event of
his fi_olure it goes oinet to his children. The bank of
Mr. Lealgard, at Bournemouth, was the property of the
late Mr. Polhill, and left by loin with the furniture to
trustee. for the benefit of Mrs. Ledgard. With theist
supplement.sry observations we leave it to the creditors
to make such remarks as acme to them right, beiog
pra pared to ei ve any explanations which shall be required.
In conclusion, Mr. Welch said that the directors of
n.ir Wilts and Dorset Joint-stock Bank hail had an on-
-1.01 tunity of •cimusinting themselves with time state of
stirs, and they awe pillared to pay the creditors 10s.
in the E, on condition that the estate was placed in
their liniehi for liquidation, under the inspection of
;mitres apjaiiiited by the nieeting. and to pay the re-
mainder an soon as the several liabiliVen were realised.
Or they might adopt another course ,• lb y might shod
thnt they sLuld be hquldeted by the Mart of Book-

roptey ; but he warned them, before they took suds a
step, that the costs would be one-third of the assets,
and that they might have to wait a long and very en-
certain time before realising their lest dividend, whilst.
by accepting the offer of the Wilts and Dorset Bask
they would receive 10s. immediately, and get the re-
mainder before they would in the other me got that
first dividend from the ibinkruptcy Court.
Mr. H. HARRIS in • short, but appropriate speseh,
moved the resolution which will be found in oat
advertising columns.
Mr. Martin, in *rieonding the sesolution. said that
inch had been his confidence in the stability of the
Moors. Ledganl's bank, that for the last 36 years be
had banked II ere, and that if they bad failed at say
time during thin period he would hare been, as be new
was, a considerable loser. He stoutly opposed
placing the affairs in the Court of Bankruptcy, and
urged upon the meeting to adopt the resolution, mem-
ing them that a bird ia the hand of 10s. in the t, with
the prospect of a speedy sod inexpensive settlement of
the remainder, was far better than the placing the
estate in that most abominable of all courts—the Bank-
ruptcy Court, whereby the lawyers would at least pi
7s. 6d. out of every .
Int seltalt: "I" "

_
=at;
!Vi phia ttli.
I...ftirada
mitts =MU l I. %sir Lair
Lb. direction of trustees, and one of the eraditon fuss
Ringwood proposed an amendment to that effect. The
amendment, however, was not micondrel, and after
several gentlemen 110 addressed the meeting is
port of of the original busulution, it vu carried said-
moonily.
A large number of creditors signed the reaohatioo,
trsiuderring the estate to the Wilts and Dorset Beak,
and a vote of thanks being proposed to the Nem for
his conduct in the chair, the meeting separated.

LONDON ORPHAN ASYLUM, CLAPTON.

HE P'RIENDS of ALFRED MORGAN
1. beg moat respectfully to thank the Governon sad
Subscribers to the above excellent Institution, who so
tinily recorded their Votes on his Behalf. and will feel
truly grateful for their FUTURE BUPPORT and IN
TEREST at the ELECTION IN JUNE next.
l'pwey, 11•111. Dorchester, July, 1881.

ItSR. 11. EDWARDS, Dgicrurr, Sow:N-
IT L STAIET, DORCHESTER,
et Home Daily from Ten till Fire, TUESDAYS awl
FRIDAYS excepted, when he attends at the ROYAL
SATHS. WEYMOUTH, and by appointment at the
Residences cf his Patients without extra charge.

A notice per poet ensures an interview.

rrIO BE LET (with immediate entry, if
I required). either Fumiehed or Unfurnished,—A.
DWELLING-HOUSE, situate in High Heetetrust,
containing 3 sitting-rooms, 4 bed-rooins, dressing-rooms,
two kitchens. osllaz, kc.
For particulars, apply to BAIR' and EXOOII, AliO•
tioneere, Dorchester.

liailbmp rime Cables.

FOR THE MONTH OF FEBRUARY, ien.

LONDON AND SOUTH-WRSTERN.

WM D•TII.-01. TRAIIIII.

Weymouth è Dorchester, sid SetaAasepian, 19 Lembo.
ak.311
.111.2.511 1.3 1,6.1 1„1.1,
,11911..
6 20 61 30.. 150650 9 $6
646 40 4011 40 114, 6 I 6 II II
7 11 II 11 12 210 634 63110 43
7 40 40 36 It • • 7 ..
7 6 10 10 10 142 630 64 ..
648 0 . 3615 .
7 44 441 .36 $ 5 7 III! ill
7141 II 4, 1553 54 6 7 1141
14411 11 I lots 060 7 1 Ii 136
1 6 1 6 0 . 6
II 0 3 6 51 6
j9*a rt 101 120.440 .. S .. 61
Loadai .111 210A8 01110 .. 19 1 .. 4110
(A) Third c4a4s mumengers leaving Dorchester (1.0 sm.
ad Wevmoutla LSI cm.), reach Lundoo at 2.30 p.m.
91_99191-

Class.

WITNOCTII
Dokcitasna
Wareham

pol. Arrty•
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Blandfonl dept.
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DORCHESTER.

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Southampton
l'ort.nith ar.
Salisbury „
Basingstoke .

• • train leaven Blaodlord_st 1130 a.,

London, rid SoNthanpfon, go Durchesin
It i 211,1,3 K. ji 41 Zs. 1111411
I a

Class.

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Salisbury Fur
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Kingismsl
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arrive
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4.181 .r. 4.1 r.r.
'1,601 ll 11 u 1 0
2461 56 11 1 240
10 25 47 .. 440
8. 01110 :1 10 11445 1
7 18111 4,1 21 121
7 41 12 10 40 2 ..
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(C) ThW
Sunday. and'

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is 6 0 699
416 6 10 16
6 40 I 111..
6 0 42111 If
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620 $3& 111
$39 II 411 111
I 746 . ..
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ITHALTH, HAPPINESS, AND LONG LIF/

Are within Um reach of all. Every one may be hi. tows
Physician, by the us Si

DR. BUC HAN'S VEGETABLE
Doinorrtc MELDICINES, prepared frees the
1 ,eteriptlone of the hits Dr. Buchan, Yellow of the
I :oyel Collage of Physicians, he., ke. They ar• eatirsb
• •geteible, perfectly innocent, and irellllll are daily Ina&
• "ich surplus belief. Their eatery has been proved is
t .queande at came, attested before, sad algaed by the pre
Laing alderwea at Guildhall, within the juriedietioa ol
Thee Right Hoe. the LORD MAYOR of LONDON,

and also -before the Magistrates sitting is, sad for the
C Aunties of Middlesex, Surrey, &a, ea., Milne following
(marls. sic, Marlborough Street, Westminster, Worship
anrcet, Bow Street, ko. They are used by the mosi
lebratad Medical Men in their privet* and hospital
p. ectice ; also by Clergymen and others, who have voltam
I rily given their names, to certify to the Publie as te
.6 reliability of these remedies

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