The Express.
London, England, 1853-12-19 00:00:00

IX 11l ISILINNICIL.-C•111 Of ♦ MINING

This was the last examination meeting in the cage of
Richard Tredinnick, described as of No. 6, Haymarket,
shan-dealer, dealer in shares, dealer and chaplain." The
arceunts, which are very voluminous, have been prepared
by Messrs. Harding sad Policia ; they extend from the 18th
March, 1861. to 3rd November last, the dew of the failure,
and occupy 49 folipo. They comprise a statement of the
bankrupt's affairs in March, 1851, when he appears to have
had a surplus of 491. The position of the estate at the time
of the fernier bankruptcy is also detailed at great length.
The former bankruptcy having been superseded, most of
the liabilities under it have revived. The balence•sbeet is
in the following form
Dr.—To creditors unsecured, 7,4041. 13e. Bd. ; creditors
for cAlle on shares, 3,8931.4 x. W. (see contra); creditors
holding security, 6,3162 gs. lOd. ; liabilities, 3,3541. 4..44. ;
surplus, March 18, 1851, 891. 7s. Id.; profits on shares,
17,0121. 19.. 11d. ; sundries, 3891. 13.. ; profit rental, 1111.
12.. 104. ; difference in books, Id.—Total, 34,8791. 0..94.
Cr.—By debtors, good, nil; doubtful, 5711.2.. gd.; bad
(carried to loses.), 2,6801. Os. 10d. • household furniture,
Re., realised, 15-51. 6s. Id. . • titans, estimated to realise,
after deducting calls due, 8001. ; property held by creditors,
7,5421. ; liabilities and per contra, 3,1.4.. 4d. ; trade
expenses, 2,3241.105. Id. • interest and discount, 1,4241.
13.. 4d. ; law charges, 1,4481. 4.. 22.; hones and personal
expenses, 1,5362 18s. Id.; expenses mader former bank-
ruptcy, 4331. Os. 63. ; probable depreciation in shares given
spit* the assignee., 2,5061. ss. 4d. ; losses, 7,7431. 9.. 6d.;
ditto on shares, 4,.5911.65. 7d. ; total, 34,8791. 0.. gd.
The unsecured s.rediters are numerous, and of small
amount, only two of their debts exceeding 6004 The cre-
ditors for calls on shares are the Leeds Town Camisole Mine,
the North Cornwall Mining Company, and the South Ding
Dong Mine. The bankrupt appears to have discounted
largely ; amongst theta... lean item of 3,4391. in respect
aroma acceptances of Mr. Bennett's, which the bankrupt
discounted, and foe which he had to provide on Heunett'a
failure. From the detailed statement. of profit and loss on
the various share transactions, it would appear that the
bankrupt had dealt in about sixty different kinds of mining
shares.
. . . .

TII-.
• peti • timing creditor under the bankruptcy was Mr.
W. Cox, solicitor, of Pinner's Ilan, Old Broad-street. The
act of bankruptcy wean declaration of insolvency, signed by
Mr. Tredinnick on the 3rd of November. At the meeting
for the choice of assignees held on the 19th alt.. debts to
the amount of 1,7001. were proved, and Mr. Benjamin
Pidwell B alien, mining broker, of Crown-court, Old Broad-
street, (a creditor for 15:d. for money lent), was chosen
made assignee.
Mr. Cox, oa behalf ell the assigneu, asked for en adjourn-
ment of the last onashollsa meeting, as the accounts had
only been filed en the paseseling day. It was a very exten-
sive failure ; and the isomaais comprised a tremendous mass
of figures.
The Commissioner—Here again I am liked for an ad-
journment. We never pus an examination now on the day
fixed for it. Row is this ?
Mr. Nicholson, the official assignee, said the accounts in-
volved an enormous Mil of figures, and would require
careful investigaties.
The Commissioner—Never mind the mass of figures.
What do you say as to the mass of property ?
Mr. Nicholson said there was some property.

Mr. Cox believed the amount of assets realised would de-
pend entirely on the exertions of the bankrupt. They con-
sisted of shares in an immense number of mines, which
were deposited with creditors, and some of them might be
of very large value. The assignees were entirely dependent
on the exertions of the bankrupt in this matter; and he was
bound to say that since coming into that court he lad used
the sandal diligence in endeavouring to valise the property
of his estate, and had already succeeded, in several in-
stances, in getting rid of a parcel of alseret which were not
silliPrednBtotobeenwrth "nhatiliengdjonntil.sam.'f,nr.li wouldeliq la;
the bankrupt had been very diligent indeed in the prepa-
ration of his accounts, and that much time had bees mime-

eerily mounted in their reparation.
The Conmissionir—Mtiat isgte data of the adjudication ?

Mr. Cox—Tho 4td of November.
The Comaissioas.r—Well, that G set a loos time. What

tine will you require to mosisine Val esseswii?
Kr. Cox—l think a month will enable us to make the
investigation. The books, I understood, kave been remark-
ably well kept by double entry.
The bankrupt said the accounts were as perfect as he
could stake them ; he did not think they would require
amendment. He had gone carefully through the accounts;
he understood them, and was satisfied that they were
correct.
The Commissioner—Then let the examination stand ad-

journed fora south.
Mr. Co:, in the absence of Mr. Lawrmee, who was in-
structed for the bankrupt, asked for an allowance, and
again referred to the assistance which the bankrupt had
rendered the aseicases.

His Honour said the question had better stand over until
the assignees had examined the accounts. That was mother
reason why Le was averse to graining adjournments; it
involved not only the expense of another melting, but of a
continued allowance to the bankrupt.
Mr. Cox said he eboald be able to remove any difficulty
on that head, as he was employing the bankrupt to sell
these shares, which he did without any commission.
The bankrupt said he should have to devote the whole
of his time to the business.

Sus Honest said that should be considered when the
allowance wee Axed at the next meeting.

LW AB IIINItY SOLOMON.
This was the adjourned certificate amities (adjourned from
Friday) in the case of Henry Solomon, who had carried on
an eateasive hailstones a furniture broker, i• Surrey-place,
Old Hent•road. The unsecured debts are 7,0211. ; secured,
6261. ; liabilities, 2/111. The assets were retuned—by good
debts, 43!. ; property, 373/. ; ditto held by creditors, 4001. ;
cessignment of goo& to Port Philip, 6,4631.
Mr. Bagley appeared for the assignees; Mr. Lewis sup-
ported the bankrupt.
A further adjournment was ordered, the bankrupt to file
previous to the nest meeting accounts showing the digested
of the proem& of the gAoods °assigned to the agent, his
►,ether-in-law, at Port Philip.
Adjourned accordingly.

IN MI WILLIAM BARYON .—THB ROSIMART BRANCH.
This was the certificate meeting. The bankrupt was the
proprietor of the Roes:nag Branch tavern and pleasure
grounds, at Islington.
Mr. Lawrence appeared for the bankrupt; Mr. Bagley
represented the assignees ; Mr. Lucas, Mr. DRUM, Mr.
Hams, Mr. Board (from the office of Mr. Buchanan), and
Mr. Bbillibser severally appeared for creditors.

Mr. Lawrence said that the certificate meeting was ori-
giaally fixed for the Bth of November last, when only two
sediton, ether than the assignees, had given notice of op-
position. He should submit that, as the present was •
eontiattatioa of the former meeting, those creditors who had
given notice of opposition since that meeting could not to-
4ar be baud.
His Honour said he would hear the creditors who appeared
to oppose at the last meeting, and then decide open the ob-
jection raised.
Mr. Bagley stated that the 'signets, Mr. Jay, the
builder, and Mr. Dodd, contractor, represented 4,0001. out
of the 7,0001. of debts owing by the bankrupt, who for a
considerable period before, as well as since the bankruptcy,
enjoyed the confidence of those gentlemen, so mesh so that
they bad not made that searching inquiry into the bank-
rupt's affairs which perhaps they ought to have dote,
het, from inquiries since made, they were induced
to come forward and complain that the bankrupt'
having commenced with a deficiency of 2,0001. odd,
now owed 7,0001. and upwards, there being but 9001.
of assets; and while the profits bad been SOM., the trade
and personal expenses were about US$O. IS bid been
discovered since the bankrupt push* bH lase sammiastion
that not only did his wife possess a settlement, but there
was • policy on her life for 2,0001., se mention of which
appeared in the balance sheet. The lad, from
the let of July to the 12th of August, 1.1101.; he
accounted fur 1,1361., the difference befog asaecemated for.
Tula the bankrupt explained by stating that other pay-
, meats had been wade which were riot Mend in the books.
It was further complained that the bankrupt had taken the
Rosemary Branch, mad had expended 5,000/. upon it, be
having no property of hie own. The debt of 2,0001. due
to Mr. Jay was for building an assembly room at the Rue-
weary Branch Tavern.
His Honour said at the last meeting the bankrupt ex-
plained that he did not live with kis wife, and the settle-
ment was her own property.
The bankrupt's ezplanation with septet to the policy for
2,0001. was that it had ceased to exist prior to the bank-
ruptcy, hence its not appearing in the balance-sheet.
Mr. Lawrence said the assignees were aware of every
step the bankrupt took in reference to the premises at the
Rosemary Branch, and Mr. Dodd had masted hiss with
loans of money.
Mr. Bishop was called by Mr. Bagley, sad deposed that
bankrupt had said be was in a confusion with his amounts,
and that it "'Rosa (who 'rept the espenditun book) would
nuke it right, bankrupt would do something for him, but
he (8i.h0,.) refused.
In answer to the court, the bankrupt said be had no
account at a hanker's, and hills made payable at the London
Joint Stock bank were dole so in the hope that funds
would be forwarded to the bank before the bills became
due.
. _

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The bankrupt, in answer to Mr. Lawranef, positively
denied asking Biehop to mike alterations in the accounts.
Mr. Bagley submitted that the cue was Me Of gross mis-
conduct on the part of the uaskrupt, and called lur the die-
approlmtion of the court.
Mr. Harris, fur Mr. Davey, • builder and creditor for
6001., incurred in the erection of • circus, at the Rose-
mary Branch, complained that the bankrupt bad given in
payment of his (Mr. Harries) debt, two bills at two and
four months made payable at the Loudon Joint Stock Bank,
at which place, however, he had no account. The bankrupt
had pat duwa a sum of 3,5001. as lost by a fire on his pre-
mises, but at • meeting of creditors, before the fire, he stated
the same property to be worth 1,1001.
Mr. Lawrence said that was the palling out price.
Mr. Davey was imarained, and coeroborated the statement
Ohio •dvocate with respect to the buildiai of the drew,
mad the receipt of the bilk, ite.