The Express.
London, England, 1852-01-29 00:00:00

COMPANY,

This ease was tried before Lord Campbell, at the last sit-
tings in London, when a verdict wee found for the plaintiff.
It was an issue from the Court of Chancery, to try the
legality of a claim on tho official manager employed in
winding-up a joint-stock company called the Bundle Brew-
ing Company, to recover a sum of money borrowed from
the plaintiff by • Mr. Creston, under the authority of •
meeting of the shareholders, held on the bth of March,
1840, when certain resolutions were adopted altering the
constitution of the company as originally determined by the
deed of settlement. By the reseluCons in question live
directors were substituted for fifteen originally appointed,
and two trustees were named instead of six.

Mr. James now moved for a rule calling upon the plain-
tiff to show cause why a nonsuit ■hould not be entered, or
why there should not boa new trial, upon the ground that
the meeting of the sth of March, 1840, had no power to
alter the :constitution 9f the company, and that the fresh
trustees and dir. eon were not empowered to borrow
money, and did not give any intimation of their intention
to do so. Moreover. all the shareholders present at the
meeting, at which it was said the resolutions were passed,
had not been proved to have signed the deed of settlement,
and tor them reasons he submitted that the resolutions
were void.
The Court deferred its decision.

COURT OF BANK Runt:Y.—YESTERDAY.
Savona Ns. 141141.P.101.11,• VONSLAII4Ot,
IN Ur &motion.
This was the certificate meeting in the ass of Solomon
Solomon, Wog, of Nu. 1, Strand. His debts were 3,0831. ;
assets, about 2.301. ; domestic expenses, 3,3801.
Mr. Lewis supported lie said the bankrupt had been
before the court in 1845, when the creditors, amount-
' Mg to 6,0801., were so aatistied with his conduct, that im-
mediately after passing his examination they gave him
further credit. Unfortunately, he had renewed some old
liabilities, and discharged the same to the extent of 300 i.
The Commissioner—What was the dividend under the
former bankruptcy ?
Mr. Lewia—About Is. fid., and lie got an immediate cer-
tificate.
His Honour said this was the case of a Man who had had
previous warning, having paid leas than 2s. in the pound on
, debts amounting to 5,M14.14. lle now owed upwards of
3,0004, with leas than 3001. of assets. During the six years
' of his trading his v.:peones had exceeded his profits. It
was said he had paid off old debts; but traders had no right
to do that ti I their existing creditors were satisfied. They
Rust not rub one to pay souther. It was a favourable cir-
eumstance that his purchases in the last 18 months had
been small ; and giving him the benefit of this, he might
naive a *mod class certificate after three months' sus-
pension.
Protection wan granted.
In nos Soruoun.
This was the eertifieato meeting in the case of R. Rey-
snour, farmer and grocer, of Downham. The bankrupt
owed 2,000/. His assets were about 1,0001.
Mr. Linklater cup; orted.
Mr. Morgan oppostd, fur the assignee., on the ground
that the bankrupt bad vexatiously defended en action
brought by Itlr Peacock, bad scarcely kiln any books, had
given preferences to members of his own family, and had
made away will property.
Mr. Linklater urged that the only opposing parties were
the repeseutatives of Mr. Peacock, tho bankrupt's late
brother-in-law, who, if living, would not have complained.
Ile had sought to obtain from the bankrupt an assignment
Is ids ewn favour; and, falling in this, he had driven the
to take courses or which complaint was now
The volitions pla nforred to bat Om put on the ;