The Express.
London, England, 1865-11-01 00:00:00

THE EXPRESS, WEDNESDAY EVENING, NOVEMBER 1. 1865.

LAW INTELLIGENCE
(THIS DAT.)

COURT OF BANKRUPTCY.
(Before Mr. elommiskser Holroyd.)
12,t SS W. R. GARDIWICEL.

The bankrupt, a builder, In Wandsworth-road, applied
for his release from custody.
Mr. E. Reed supported.
Mr. Denny opposed for the detaining crwlitor, Mr. Watts,
of Sittiogbonrse. The bankrupt, it was stated, bad obtained
from Mr. Watts 601. worth of bricks on the rthrthentation
that they ware required for a contract which he had at
Mitcham, bat they wore gold at a loss.
His Hatay would only grant the release on the bath.
rapt finding ore surety in 1001.

EN DI Aso= AND AICHZIA.
The bankrupts, mother and eon, had traded is tailors, in
St. James's-street, under the style of Archer and Co.
Debts, 5,8551.; saints returned at 2,5111. The came had been
taken out of court under the 110th section, and the orders
were now granted.
Mr. Lawrencepeared for the assignees.
(Before Mr. Commisskiner Goulburn.)
IN II ITU.
The bankrupt was a shoo manufacturer of Wellingbero.
Debts, 2,6391. of which 1,0071. were due to unsecured
creditors.
Mr. &woe, for the assignees, offered no opposition. The
bankrupt had been in imminent 15 years, and had new
failed before.
Order granted.

IN 112 PUILOPOWEIKI.
The bankrupt, described as clerk in an insurance office,
author and bookseller, of Burton-strait, Eustonaquare, had
not bled his eacotints, though be had opine to the court on
his own potato& His debts are upwards of 1,1001., sad
there are no less than 82 °redacts.
On the application of Mr. Aldridge for the official as.
sloes, an adjournment sine die was ordered.
IN al TEI 111 V. RINIT STIITTON.
The bankrupt was dseoribed as • clerk is holy °rases
and schoolmaster of Oranwell-bouse, Highgate. This was
the sitting for examithtioe and discharge. His debts are
4.3831., of which 30001. is without meurity ; masts about
3001. ; property held by creditors as security, 1,7081.
Mr. Lawrence, forte assignees, did not oppose, nor did
any creditor. The bankrapt, it was stated, had occupied
the school several years, and had become involved through
making improvements in the buildings.
His Honour said he regretted to me a person whose duty
it was to instruct others, in the position of the bankrupt.
He was much indebted to his creditors for abstaining from
opposition. The order would be panted.

rob him, but not seconding Fraser came to his ambiance
and held prosecutor while MoDenakl rifled 41i1 pooklita,
taking therefrom half a eovaelign, 4a in silver, two bunches
of keys, and a handkerchief. Fraser took his umbeella and
they both decamped. Witness followed as well se he was
able all the way to the earner of Down-street, Pieeedily,
where he law a constable and gave prisoners into custody.
He was craze samined by both pawner', who both denied
the robbery, but nothing was elicited in their favour.
William Illatbieth, 149 0, said, that at a quarter past 10
bet evening be was at the earner of Downctaset, and was
ordered to take the moldier" into custody by the pethentor,
who was not sober, but knew what he was about. McDonald
was more drunk than the other prisoner. They stood against
the park midis and with., saw one of them
drop a handkerchief into the park. He took them,
and when the charge had bean made be returned
and found prosecutors hey", when the handkerchief bad
dropped. McDonald made greet resistance.
A sergeant from the regiment proved that they they were
bad ehameters and that McDonald's proper name was
M'Keeskt.
They were remanded till Saturday.
GREENWICH.
CBABOI OF WWI DIAZITION BY A BTOANIST.
Amer ooz, a journeyman smith, was brought up on a
warrant charged with deserting his wife and three ehildreo,
and leaving them chargeable to the pariah of Greenwich.
It appeared that the prisoner left his wife and family
about four yeses since, in Tory destitute eircum-
stamen, and notwithstandleg inquiries bad been made, as
to his whereabouts nothing was ascertained until a few days
gime, when it was discovered that he was working in the
neighbourhood of Sydenharn, and that fifteen months aim,
he married a young woman, belonging to a respectable family
and by whom one child had been born, at Anode), Church. A
warrant was accordingly applied for and granted, and
on Tuesday morning two of the warrant officer' of the
newt (Patina!" and Robson) proceeded to ffyienham and
apprehended him. The prisoner toured the officers that they
were mistaken but on the legitimate wife, who was in
attendance. being confronted with him and the second
wife, the latter went into a fit of hysteria, and the prisoner
was taken the emitody. The second wife (the injured party
in the eye of the law) declined to prosecute on the more
serious charge of bigamy.
Mr. Maude said the primmer had not only been guilty of
a most grievoes wrong towards his lawful wife and offspring.
but had betrayed a respectable young woman, who had
placed oonfidenoe in his representations of being an un-
married man. The only charge, however, before him was
that of deserting his wife and family, and for this, under
the circumstance, of the case, he should sentence him to
the full term of imprisonment of three months with hard
labour in Maidstone gaol.
The prisoner was then removed.

OPENING OP THE CITY BRANCH OP THE
NORTH LONDON RAILWAY.

THE FIRST TRAFFIC ON THE NEW LINE.
(THIS DAY.)
This morning, at an early hour, the new City
extension of the North London Railway was thrown open
kr public peineriger truffle, the first train being an up one
frost Bow at 6.42 for the City terminus in Liverpool-
street. The up train., which were crowded, commenced
running from Chalk Farm at 7 o'clock to Broad-
street and will be continued throughout the day starting
every quarter of an hour ti 1110.30 p.m. From the Broad.
street terminus the first train started for Chalk Farm at
7.15, and others are running every 15 minutes. The above
times prieeipally relate to the main line. At 7.7 a.m., a
train was despatched from Brosd-etrest,ria the Feuchurch-
street branch, to Bow, sad other trains will run to-day
wren minutes after every quarter of an hour till 10.37 p.m.
Up trains from Bow continue running till 10.12 p.m.

LONDON AND(THI SOUTH
DAY .) AFRICAN BANK.
S

This day the half-yearly meeting of shareholders
was held at the London Tavern ; Mr. J. R. Tuonaort in
the chair.
The following is the director's report:-" Thedireoton beg
to valenit the ecooente of the beck for the half year midi's;
the 30th June last, showing a net profit of 28,9'.W.
4a, fd.-equal to the rate of per cent. per annum on the
rap oapitaL The amounts thus rendered convey • '
faithful statement of the transactions of the book
for the first halt of the present year ; but towards the
expiration of that period, information reached the directors
from diff meat points within their sphere of action is South
Africa, that extensive commercial failures had taken plan,
and that others were apprehended, which might entail loss
upon this bank in common with other banking establish-
ments in those colonies. They lost no time in despetehing
their Loudon manager, Mr. James, to the Cape, with full
power to protect the interests of the bank.
He has lately returned, after making such arrangements
as seemed to be advisable under existing circumstance&
Although the commercial crisis in South Africa has sot
entirely mewl away, measures have been taken so to re-
dun the liabilities to this bank as its directors feel satisfied
will macre the safety of the capital. Under these circum-
stances the directors think it their rlnty to refrain from
declaring the usual interim payment on account of divi-
dend, while they indulge the hope that it may be in their
power to render a more cheering account to their share-
holders at the conclusion of the present year.
" Statement of Liabilities and Assets.-Dr.-Liabilities :
Capital paid up, 500,0001. ; circulation, notes, and bank
post bills., 32,5071. Oa. 44. ; deposits, 459,7341. ss. 4d. ; bills
payable land other liabilities, 264.5261. 3s. sd. ; reserved
fund, 18,1811. 6d. 3d. ; balance of profit and loos
' account (reserved to meet anticipated losses by
bad debtel, 28,9201. 4s. 5d.-total, 1.303,8731. 19e. 9d.
Cr.-Araete: Spa:ism hand and cub helium& 13%349/. 5a.;
book premise& furniture. fitting& sad other property,
20,0601. 7a. Bd. ; local bills discounted, bills receivable,
government and other securities, 1,151,8581. lg. 4d. Pre-
' liminary expenses-Original amorist 8,0411.
_9a. 9d. • less,
deducted, 6,4331. 4a.-1,6081. se. amorist,
; total, 1,300,8751.
19s. 93.
" Profit and Lose Account-Dr.-To interest, commin-
gles, and exchange paid, 10,6901. 2a. 10d. Ito charges for the
half-year, including rent, taxes, and all other expenses at
bead offioe and branches, 12,7101. Os. 3d. ; to rebate on bills
not due; 11,2291. Si. Id.; to balance, reserved to meet anti-
cipated losses by bad debts, ,9201. 4s. rd.; total, 63,549/.
7d. ;by balance of undivided profit carried forward, as
per last anneal statement, to 31st Dee.. 1864, 3771. 9s. 4d.;
by rebate oe bills sot doe 31st Deo., 1884, brought forward,
13,0191. Is. 11d. ; by gross profit for half-year to 30th
i Jon& 1865, 50,1534 4a. M.-63,1721. 6s. ; total,
' 63.5491.155. 7d."
The CHAIRMAN, in moving the adoption of the report,
regretted that circumstances had occurred in the colony
which prevented the directors from declaring a dividend as
usual. He was hippy to say, however, that they had
sufficient funds to meet any liabilities without touching
on their capital. They bad 29,0001. of profits and
18,0004 reserve, in all 47,0001., to meet liabilities and to
pretreat their capital. They were all aware through what a
severe commercial crisis South Africa was pawing, and the
directors thought it the wisest course under such circum-
stances not to declare a dividend.
Colonel HOLLAND seconded the motion.
In reply to questions,
The CHAIRMAN stated that it would depend on circum-
stances whether there would be a dividend next half .year.
The mat due bill account on the 30th of June. was
76.0001. Of that amount 21,0001. had been since recovered,
and the manager abroad eatileated the fioal lose at 21,0001. or
22,0001. But he confessed that the directors thought the
lose would be greater and they came to that conclusion
from a consideration oethe generally depressed state of the
colony. The directors bad taken steps to curtail the num-
ber of brooches and to diminish tbe expenditure. The war
io the free States and the drought were the causes of the
existing state of things in the colony.
Mr. JaMEn, the manager, stated that the securities
against the 76,000!. were valued by the maciagera in the
colony at 171,0001. He thought they were valued too high,
bet he believed that many of them would be p aid in full.
and that others would yield a good dividend. Ile consi-
dered that the capital was intat, and that even the re-
serve fond would be intact. (Hear, hear.) He CPlllid not
state that positively, hut it was his own opinion. They had
17,0004 invested in government securities.
The report was adopted.