The Express.
London, England, 1851-01-14 00:00:00

LAW INTELLIGENCE.

THIS DAY.

COURT OF BANKRUPTCY.
Banes Ma. COMMIIPPIONII 1101.3,0 TD.
lie is Bu its —Tim COLONY OF NATAL.
This was the day appointed for the beet examination
meeting in the ease of J. C. Byrne, described as an emigre
tion agent, of Pall mall Eust, and of 84n-court, Corahill,
and who has been estensively engaged during the beet two
years in promoting emigration to the colony of Natal, io
Bluth Africa. The greatest interest wee ,xcited by the
ease, and the court ...filled with creditors and other parties
Jets-rested. The arsenals. which are very voluminnus, have
been pr. pared by Messrs Herding and Pantie, of Gresham-
street, and 'mines. very copious details of the mode in wlielt
the bankrupt conduced his basil:l.U. Re attributes his
failure to being unable to receive from the Emigration
Commiesionen the amounts deposited with them until the
"locution certificates" arrived from the c iloaiul government
in Natal. The followiog is a copy of the balance-sheet :
From Ist January, 1019, to 6th September, 1650 (date of adjudication).
Da. £ s. d.
To (flunky creditors unsecured
moo bottling secorities
ditto ditto *land credits"
ditto claiming to hare a charge on
monies in the bends of the Emigration Counts-
stoners 15,674 14 10
To Nearing and Aseerdon, creditors elalo ins to
hare a similar charge, but whim claim is forfeited
for non-nallihscnt of the charter party of the
hlinerva
To profits :
To balance to credit of migration so
count
To additional bonus (in land credits)
granted by the government in respect
of emigrants. at 51. each .
To tralance to co. dit of land aocutnt 1,1/0 0 4
(The improved value of the town and
village lends cloy be estimated to In-
crease this balance by at least 3,0001.)
From th- publication of Byrne'. Emi-
grant Journal 3l 14 10
Sundries 3ll 16
9,905 9 6

£11,914 9 8

S .a.
44 • 0
107 1• •1
II 17 •

By debtors, good
By ditto, doubtful
By bad, carried to limes
By cash, Be., tubes by asdrires
By amount of deposits with the Emigration Cassini
stoners, to be returned upon the IRO lactioa of
err-
tiBcaies of .he lomitioa at emigrants at Natal
By securities held by ereditors
By land ctedim ditto 4,000 0
By sundry courignments to Natal --- —....--_, 4,514 1 11
lip property the "
colony 74.1.1
By 8,432 1 0
(The improved seine of the town and village lands
wilt probably tamers this amount be at least
3,0091.)
By Credit with the Ccionial government at Natal in
re-pert of extra bounty on emigrants granted to me
by the Secretary of State for the tolorties in land to
the value of
By claim on Captain Ingram for non-tullllment of the
Charter piety of the Coromendel (an action is now
pending to rt cover 1,t6101. as compensation)
By balance or bills and cash p .yonents to the credit of
John Moeland, my agent at NOM, whose amounts
1 have not yet reeeired. 904 2 1
By trading expects-a ... 3,977 15 9
By law men
By personal expenses
By grants of land ............
By loom
By deficiency Istlrsoary,ls49, is per statement of
affairs

0 0 0

011,914 9 6

Amongst the document, accompanying the balance. elect
wee a h 4 et creditors holding " Land credits," which are
&cements issued in exchange for monies depueited
with the Emigration Commilaiunen, and a►e received by
the colonial government in lieu of cash for all lands pur-
chased by theta at Postal. There were only three creditors
under this need, Barnard, Dtandole, and Co of Corohill,
holding land cr. dPs "to the amount of ; Walenslty
and Co., of Lower Thames-street, 1,0001 ; and Fottliam anu
Cooper, of L imbard'street, 5001

The list of " octillion who claim to have a charge upoa tha
monies deposited with the &Lunation Commissioners" con-
pristd the tollo.ing

"Cater and B wise, of L•udro hall-street, hold an aleiga•
moot, dated Jst.uny, 10.50, of bOOl., part of 1.0001. deposited
with the Emicration C .11301111101aIS ; also t 0 tmbarhatioh
certifies:es, together with a power of attoruey is respect
therrol,

11 lkett and David, S'. Helen's-place, hold my aceept•
ance due 22ad August, lasO, for 1,3001., also 8,5 embarkation
certificates.

tt W. S. Lindsay and Co , Abcburch.lane, and W. 0.
Young, Sun court, Corohill, bold my acceptances for 8,9501.;
also a thed dated 9to March, 1850. trat.sierring 7,0001., part
of the moneys deposited with the Emigration Commissioners,
to the joint names of J. C. Byrne, W. S. Londe'', and W. 0.
Young; also an assigement, dated 27th July, 1850, to Mr.
Lindsay and Mr. Young, of 1 balances will use coin.
oussioiters, to secure 1.6004 TM. deviation of trusts in respect
of the sum of 7.0001 , dated 4itb Marsh, 1850, was not exe-
cuted till the 15:h August, 14,50.
t' Manning and Andardon, New Bank-buildings,
4481. 121. 6d. ; they also hold my act eptance, due 19.11
October last, ter 1,01W11., and 175 embarkation certificates.
" Marshall sad E fridge, Fencburch street, creditors for
2.1041, 151. 19,., hold 180 embarkation entitle/ate, also an
assignm, n' of part of the money deposi ed wits Emigration
Commissioners.
_ . .

"Charles Wenn, Liverpool, (8841.), bolds my acceptanci
for 8001.; also 57 s mbarkation eer I ti,te., and as assign-
ment, dated 22nd July, 1860, of 6701. part of the moneys de.
pos,ted with the Emigrsuon Commissis.ners."
Tn. act mut of " consignment to Natal," which is given
in great detail, amount, to 4,5141. 14s. 11d, The articles
col gist principally in ironmongery, iron tents, slates, flour,
deal, asphalt., roofing, he. Am•mgst the items is an "iron
hotel," s. nt out on the 22nd June last, per the G.obe, by
Messrs. Walker, valued at 1,0221. 19s. Bd.
Under the head of " property in Natal," the following

amt.' appear :
" Two surf boats. the Agnes and Charles, rigged complete,
whims cost me 2701 15s. ltd.
. . .

"lease for UM years ul a piece of land, about 400 acres, in
the colony of Natal, held fn-m Sidney Esq., at an
annelid rental of 401. At the expiration of the term there is
an option to purchase the land at 51. per acre."

11.

7,137 awes of land purch-LnlfroMUU.ernment and a. d.
Mr. Callum, remaining on band, titian at somas
meat upset price, L. per acre
1,141 acres purchased from Mr. Matitaty, tikes at Net,
Ifs. f3d. per am e ...
1 i acre pun:hued from Mr. Proudfoot, met

£3,453 14 0
The town and village lands are estimated to hare Maimed
in value at least 3,0001

EatonArtote Accouter.

Lyn.
To passage-money to snip owners, including &Bow- t a. d.
antra to emigrants tor detention, payments to sur
peons,
&C.
To agents commando° and expenses 3,194 9 1
Su
land allotted to enderants, 43,793 awes, at Y. par
aCTO 8,739 0 0
To balance, profit. 2,998 17 8

34.262 13 G

Cr.
received from emigranta and pas-
-30,163 13 6

renders
By amount to be received Iran government on the ar.
rival of certificates of location from the colony of
Natal, tie per heed, on 1,400 county emigrants
(This amount was deposited by me In the Bank of
England to the credit of the Colonial Emigre_
ti. n Commis...loners, in purruanee of an apes.
went entered into with them.)