The Express.
London, England, 1852-04-28 00:00:00

.aw rote! nseuce.

HOUSE OF LORDS.—YestriPAT.
The Mow 4.1 not it yesterday as a roust of appeal, is
COIIM amine of the continued illness of the Lord Chancel-
lor. lhe causes on the paper were mashed u postponed
she di..

EQUITY COUIt'I6--YarralwAy.
Strand ma Lamm !amens et Ma'am.
Ex Pante WATSoN IN 1111
Mr. Molt and Mr. W. M. James appeared in support of
an appeal against the eommis.iosier's decision dismissing a
petition promoted by a tender debtor for an arrangement
with his creditors. The petitioner, It appeared, was trading
to England of his own account, and wee at the same time •
partner in a foreign firm in 'Arleen, all the other partners
of which were resident in Mexico. The emotion was, whe-
ther the petitioner could obtain the sanction of the Court of
Binktuptcy for so arrangement with his creditors without
stating in the schedule to his petition the names of the cre-
ditors of the foreign gent.
Mr. boron and Mr. Selwyn appeared fer the respondents.
Their lordships held, affirming the declaims of the corn-
asindoner, that the names of the creditors of the foreign
Hem ought to hese been inserted itt the schedule.

Serowe VtelleCUASeaLlOit SIS halt TASSEL
WAIIIIT e. LI:11111.—LE1011 V. WARDS.
These VIUm sro i.trd of the original bill which sought
the specific performance of an agreement, dated the 11th of
August. 1817. for the purchase of a large estate at Luton,
in Bedfordshire, end of a cross bill to enforce the specific
performance of the same agreement with eettain modifica-
tions which Mr. Leigh euntended hail been introduced by
subsequent sereciracnts.
Mr. Erskine (in the absence ot the Solicitor General) tip-
peered and argued the C.V.(' for Mr. Weide.
Mr, Lassen and Mr. Edward Smith appeared fur Mr.
Lv.gh.
The court decreed specific performance according to the
terms asked by Mr 1.41q11t
'Phis curie occupied wren! hour,.

Pin +in Vief4.ll4lPricLuroll
ATK unmoor F. Ol 1.11V.-1,40t iicvezeomrANY.—TßANlSFElt

ur LIANLITIES.-St ILLIY.

This ease came on upon aceptions to the Master's report,
and the question WAS, MllCtilVi certain eainiants, who were
trudces and directors of the Britannia Life Insurance Con•
pang, wc•.c or were not creditors upon the testator in
the CAVW. Johu rocker tqlby. for lb. administration 9(1

. . ..
whole estate this snit was mstitated. The facts were these,
• penes named William Edwards some years ago bor-
rowed • sem of 1(10/. lima the London and Westminster
Mutual Life insurance Company, upon an agreement that
he should insure he lite for 1,0001., and should enter into a
bond for payment of the money borrowed, with interest at
6,/ per cent.. nod also the premiums upon the pacts lair '
hood was sceordingly ea-ruled, awl lit. Oylby, the •
Deems. a suety in the bond. Subsequently *Mae sum
of 4101. was lent to Edwards by the ease insomnia IMP
pally, and another puttee fur LAMM was taken tome OM
repayment, and a similar bond was emeuted im whisk Mr.
Uylbn was also the surety. In the me OM theimmilmi
and Westminster Life Assurances le bmi-
aria anti woe dissolved. and AS =7ll.laeselle Mr
company were maimed to the Ildirmis kmiewerre
esn
Company, from which period the mod em ihe ewe
policies of 1,0001. rack were omitted to be i i GM XL
Dylbv haying died, a claim was made Idsaint by
the Britannia Company for payment t rhe gm sums bow
awed be Mr. Edward. from the Litedwe GM We*
minter Company, and also fee the ems* due
in respect of the premiums upon the two ponies.
The Master had aliened the claim of the Britannia Com-
pany, and his report so far as regarded the premiums wee
now excepted to. For the Britannia Canyway kme ems
tended that they were entitled to the am, whealesse
mewed by the bond as the London and Restasheem Om-
pony on had. The unwept the bead wee that Be
money borrowed and the premiums *weld be repaid le the
London and Westminster Company, Beek mean ey eilair
marines, or assigns. Under des word eidgm, the BA.
Mania Company was placed in the man putties se the
company by whom the as.:gument imil been made. On
the other band, it was submitted that the surety,
Mr. Gyihy, when he entered into the bond,
had trusted to the solvency and respectability of
the London and Westminster Camas, net se
the Britannia Company, of which be knew needle;
the security was altogether changed, end the assignees of
the Loudon and Westminster Compsay could not cease
upon the estate of the surety fur the saount of the pre-
miums.
The Vice-Chancellor, without hearing the reply, mid be
theeght the Master was wrung in the decision be had came
to, and that the exceptions ought to be Mowed; There
were two *emirate trairiations in this ones—the benewing
the money by Mr. Bola arils and the esteems* ft
_pay the
premiums upon the polices. With regard to the Me part
of the transaction, his opinion was that the wee
Food in equity, and the person to whom the was sr
signed would hate the lxnettt of it; but the payment
of peasinas good upon • very diarist knead
the plain were effected by way of 'Maximal security to
the Insumme company. That trammels was entered into
wpm kw kith et the substantial anise it the Illapasy,
whom fob maid hare es }mid, the pair at • future
pried. The sempay afterwards mewl te may en besi-
new, mid lit slain were wound up. Beier Ina Ilifefil.
stases*, it meld got be said that any perm to tubes they
mimed UskMime wee maid* lie the some tights OM
tie seed eszepeny Md. Suppme the Imam ant We*
Meow Compaqbed @edam' -te • perm who had JIM
bream, bankrupt, sad bed received a third elms certificate,
eke liability of the cozzezuld then be transferred in
each a manner that Br would sever be likely to be
paid. If this were • mode wind the estate of Id-
wards. he should amider that the Meier was wring la
dirt cusp the premiums to be paid; but the ere was Mill
stronger in regard to the surety in the band. Me wield no
doubt be entitled to repay himself the amount se the pre-
miums out of the iodine., upon the death of Mr. Alward.;
and the substantial nature of the campasy, apes the faith
of which he had become a surety, won et the tamest im-
portance to him. Upon these cossaidamtang. lis Realm
was of opinion that the exceptions ought to be allowed.