The Express.
London, England, 1855-04-30 00:00:00

IN Al SIMNEL.

-- -
The baakrupt was a deeper, of lalingtoa. This was as
emainatios eseetiag. Mr. Lawrence appeared for the
bankrupt ; Mr. and for the rudeness.
Mr. Chidley, on behalf of a creditor, tendered a proof for
41101. under the 175th mace a the Bankruptcy Cormaida-
um Act, as the value of an annuity granted by the heali-
ng.
Honour said the creditor would smarm to have re-
ceived 501. a year for ten years in return for an 'drams of
501. There was, however, ao legal objection to the proof and
it mast be admitted.
Admitted accordingly.
The bankrupt's seambration was adjourned to the 14th
of May.

INSOLVENT DEBTORS COun,
IN TIM Y 11.21112 01 JOHN IDIIII SPALDISG.
This insolvent, the step-son of Lord Brougham, applied
on his petition to be discharged under the ass from the
Queen's Prison. There was no opposition by the creditors.
Kr. Bargood supported the aPphmlios.
The case appeared to have attracted a geed deal of &ten-
don by the crowded state of the court. Although the case
was unopposed, it was not called ea till some othee ashen
had Nei heard
The landhet appeared in the box, and Mr. CeaiUrM
,Plll.6..ehmmed that it did not sesta that them hes My
•P
Elruirood mid thine was not, and begged to make a
lbw remarks, es the appearance of Mr. Speldiag bad been
setielpated by what had appeared in some of the news-
papers. The case bad already 'noised popularity, and
popularity had been deseribed es being known to others of
whom you knew nothing. Prom the family position of the
gentleman, his appearance had been advertised, and in the
statement to winch he bad alluded the name of Lord
Sheffield, instead of Inrd Suffield, had been used.
Mr. Commissioner Phillips observed that Sheffield for
Suffield was dearly a =Utah".
Mr. Sargood said the liabilities entered into wen fee Lord
Suffield, now deceased, and the mistake had been made,
which in Justice to other parties should be amulet. Be
(Mr. Sugood) wee anxious on the part of the seedesem
before the court to say • few words, for the reams he bad
stated. Not only was there no opposition is the ease, but
none had bees intend. The well known son of Mr. Spalding
bad died in the service of his country, and he came over to
see his mother. There were esveral creditors who could
have taken him in execution, but Mr. /Bowman, Mr.
Thompson, and others, to their credit, did not do N. A
solicitor, however, did arrest him, and detainen sprang up.
An effort was made that Mr. Spalding should not come to
the court, and arrangements had been pending for the pay-
ment of the debts. One gentleman, however, a Mr. Levy,
declared that he would not take his debt and costs without
his full interest
Mr. Commissioner Phillips asked the amount of the
interest.
Mr. Sargood did not exactly know.
The insolvent interposing said it was about 60 per Oft
Mr. Sargood said Mr. Levy was the Mune" of a bill of
exchange.
The insolvent's attorney gave some explanation about as
action which had been brought on the bill.
The Insolvent said he bad received 801. or 901.0 s about a
1401. bill.
Mr. Sargood said the fall interest would then be from
to 90 per cent.
The insolvent's attorney said the bill was for 1201.
Mr. Serried proceeded with his statement, and remarked'
that the amount of debts in this ease was no secret, as it had
already gone forth to the public.
Mr. Commissioner Phillips said he; was sure there were
some debts which had been renewed.
Mr. Sargood said Mr. Spalding bad renewed debts. In 1862
an act of parliament passed to realise Mr. Spalding's estate,
and ultimately the debts provable would be paid. Debts
had been proved before the Court of Session in Scotland.
Another unfortunate circumstance was that the debt of
Mr. Spalding's son happened a few days before he came of
age. It wee an even: detrimental to others. There was
one point of importance he wished further to mention, end
that was although the debts and liabilities were 10,0001., the
debts owing to tradesmen were not more than 8001., sad
that circumstance should go forth to the public.
Mr. Commissioner Phillips said the learned counsel bail
no doubt exercised a sound disoretioa. As to him (Kr.
Commissioner Phillips) his duty wu very simple. These
was no opposition by the creditors, and they were the best
judges whether they had any complaint, and therefore:Mr.
Spalding was folly entitled to have, what he was happy to
give, his discharge. The insolvent wee discharged,- and I
IL,. Bowater, a creditor, appointed assignee, on a nomi-
nation.
The debts and liabilities on the schedule arc 10,4071., and
the insolvecry is attributable to the insolvent's inability to
realise his estate, and to the liabilities incurred for Lord
Suffield, together with having renewed debts snider a former
insolvency. There is a statement of property on the
schedule. The debts under the former insolvency are
60,0001.