The Express.
London, England, 1851-04-03 00:00:00

LAW INTELLIGENCE.

THIS DAY.

COURT OF BANKRUPTCY.
/41701d1 Me. Caseates:oats Goetseast.
1N ILE Br MON.—FORM) SA LEN.
The bankrupt, a linen-draper. in Whitechapebroad,
applied fur his certificate. Ilia halanesesheet. prepared by
Merin. Hart anti Brothers, of Georgesyard. showed debt.,
6141.; assets, lila In, capital had been IN/. ; there were
110 profits; the expeuses were put down at 1961. ; hwscs, 2781.
Mr. Lowrance supported.
Mr. Ashuret, jun.. opposed for the assi,gnere, chiefly on
the ground that the bankrupt had, for several months be-
fore his bankruptcy, carried on a system afore:el tales. and
11:111 obtained credit on false pretences, when he knew him-
,. If to be insolvent. In August and September last he hid
conehmed goods of the value of 20W. to his brother, for sale
At his auction rams on Ludgate-hill; and un the very day
Is( the last of these transactions, the 2tith September, he had
called on Messrs. Boyd and Co., of Friday-street. aud after
taking up a bill of 11W.. nut then slue. tar the cake of iu-
spirina confidence, obtained credit for lilt. worth of goods,
and afterwards for a further parcel. lie had become bank-
rupt within two months.
Mr. Joseph Barnieutt, of the firm of J. 11. Boyd and Co.,
of Friday-street, deposed that in May, ISIO, the bankrupt
called on them, and, after referring to Messrs. Morrison,
Dillon, and Co., an account was aliened with them. Ou the
_Kith September he said he had disposed of the business he
had carried on at Hackney without a sacrifice, and was
commencing in Wkitethapel. lie wished his account to he
c ratinued, and said he was prepared to take up a bill fur
I LW., due un the 4th October. 'this mated confidence, and
goods were supplied to the extent of IW. Tice terms of
that hewn were two months' credit, with a discount if
payment was then nude, otherwise a three menthe' bill
was drawn.
Mr. Lawrence submitted that there was nothing here in
the nature of a false pretence. The bankrupt, kilowatt;
that the limit of his credit was idO/., had gone with moiler
in his hand and taken up a bill a week before it
was due. Surely there was nothing dishonest or en-
trails:ern:utilise in that. Ile paid lIS/. and got credit
for 22/. more. Ilad he been a toga., he would have
ke;.t his ready money and gone elsewhere. Tho trans-
action, if blameable at all, was so us to an improper pre-
fersmet: to Messrs. Boyd and Co. Ile only owed 0151., and
hut for the loss on realisation his stock would hare yielded
4001. This loss was no less Blau SW., the stick having been
disposed of by tender,--a vicious system. which operated in
favour of the large dealers to the prejudice of the email. and
fair traders. His V511131.4/5 lied leen =Aerate; and he had
placed himself unreservedly in the hands of his creditors.
Hie Honour thought this a very had case, and considered
that the commercial public was indebted to the assignees fur
bringing it forward. It was important that practices of
this description should be eupprtawd, and that traders ge-
nerally should Ise warned itaanot theta. To hold that tbo
bankrupt had eoutructiall tilts by traud would bring hint
wahiu the hiakly penal clauses ot the att. and deprive him
of all protection ; hat, without shutting hie eyes t , the pr.-
visions of the act, he did lea feel called on to dud the bank-
rupt guiity under the Valth clause. The assignees did not
put their charge on this ground, but simply alleged that
the liankrapt's conduct had been bad as a testier. This
siew was fully eupporte el. The bankrupt had begun
with a small capital, thereby favourably contrasting with
many others who came here; he then obtained credit—a
very easy natter now, when competition was so rife—and,
almo .t directly he got the goad., I.e proceeded to dispose oil
them be forced sales. a prartke which was iu itself almost
(Linda:a, as the creditors had no idea of the way in which
the goods were slispowel of. it was true he had laid
the 1181. bill before it was slue ; but haw had he got the
money: A mau who picked pckets might us well
claim credit fur afterwards paying his debt.. Retina
got money by thee., tuned suite, conducted by all sue-
tiouccr brother. he had artfully taken up the autlue bill,
and thus got further credit. Such conduct was of a
very had di ecription, indeed ; it betrayed a great deal
of art, contrivance, awl moral turpitude. and mast prevent
the bankrupt from entering into trade again fur a consider-
able period. He must then have known that he we. luso:-
vent. It was to his credit that he had not delayed long is
lamina himself into the hand, of his creditors; but lie
ought es have done it before making the eared sake. Ile
had given up a eou.aierablc amount of stock—auuther
point in which the ease was favourably distinguished
11.0111 the generality. The ease wieS nut one, though the
hanketipt's conduct had been faulty in the extrerue, for
which he ought to be trot to prison; but the certificates of
the third ebbs, must he swam:ask-1 for twelve months from
this date, with protection fur three inundes.

POLICE INTELLIGENCE.

THIS DAY.

WORSHIP-SEILEET.

11. Williams, iihocasker. charzed, with stabbing police-
eouAtuble Wvlch. was _ _

Mr. Ilona=ll .aid the conitut.sioner, had requested hint
to adjudicate in this ease. and declined prosecutuitt, ua th,
prbsiner 'wattled tart Jingly penitent. Not any injury loot
resulted tram the a ound indicted on the °theist's hand. and,
under all the eircutustancts. he should order the prianer
to be imprisoned toe one mouth.