The Express.
London, England, 1846-10-03 00:00:00

natter-man cr shareholder, with no less than ,:ighteen of the
newly prsjected lines. In a period of six months h.,
et eadand in shares to the extent of nearly 33,000!. ; sad
the amount of :As liabbities at the time of his bankruptcy
was 10,0001.; of this, 5,0001. was debts incurred in trade;
3,;ierit. in Mss credits, and 2.0001. on account of share trans-
cerlnts. The chief ground of opposition to the bankrupt
arose out matters connected with the Shropshire Mineral
Railway, of which he was one of the managing committee.
Mr. Griffiths admitted, that in conjunztion with two
of his fellow committee-men and the secretary, .(a per-
son named Lund), cheques had been drawn upol
t o funds of the c,npany to an amount exce.d-
, ing 10,0031., one of these being for 3,0341. 155.,
and it was aVempted to show that a portion of this money
had been applied by the bankrupt to his own purposes; this
did no:, however, appear to have !wen the fact, Griffiths
affirming that the whole of the money had been paid over by
him to persons connected with the concern. There was a
suspicion that the purpose for which the caeques were drawn
seemed to have been to enable the parties with whom the
bankrupt was acting, to buy up their own shares, in order to
force up prices, or to what is technically termed " rig the
market.' A sum of money, for which no account was
rendered, the bankrupt had appropriated to himself as doe
to him " for chaise', flys, and travelling expenses." Mr.
' Serjt. Adams, the chairman, rend an extract fromthe minute-
book of the company, with the view to show that
three directors hal no right to sign cheques with
I out a previous order from the board, and that
consequently the bankrupt had been guiity of (aches in
this respect ; it was also noticed that pages in the ledger on
which entries had been made of railway transaction', had
been subsequently torn out; but Griffiths termed that his
clerk had done this without his knowledge, and that the
entries had been previously copied elsewhere. Tho bank-
rupt underwent a severe cross-examination which lasted
'surly five hones, both on behalf of the company and the
assignees, but ultimately.—Mr. Commissioner Balguy said
he would pass his last examination, aal appointed a day fur
hearing his application far his certificate, to the granting of
which Mr. Wilkinson intimated cpposition would be offered.
In the coarse of the examination it came out that parties
connected with the Shropshire Mineral Company had, or
were ahoutts, prefer an indi !Anent at the C.ntral Criminal
Court against Griffiths. Bond, and other persons, for a con-
spiracy in connexion with the arfairs of the above company.

INSOLVENT DEBTORS' COURT.
Bs we the Chief Commisaioner.
Cater. PER CENT.—Captain Buller's case was heard again
yesterday. The number of creditors in the schedule was
11 ; the amount of liabilities, 19,0371.; debts without consi-
derat:on, ',470!., making the actual amount of debts,
13,9584 The insolvent had been a captain in her Majesty's
service, but in c .nsequence of being outlawed by a creditor,
he was compelled to sell his comma-ion, after losing two
years' pay. He had become acquainted with Mr. Golohede
en 1832, by an introductiin from )lajor Faneourt, fee the
purpose of becoming senr:ty fa that gentleman to Mr.
2sLede, who was a biU t.i%counter. The in:olyent had
himself been accommodated with rna.ley by Mr. Golshetle,
for which he had paid from 6) to 1,)9 Pe r cext. He had also
raised money, to consiclerts6le amounts, upon the acre of
different debts and interests, which he had last in specula-
tions in railway shares, both in this cauntry and on the Bourse
in Paris. Ills reason for speculating was, a wish to raise
suf3cient mosey to pay all his creditors. It was urged, on the
par; of Mr. C'!afte:iberger, a watch-maker in Regent-street,
that the de.,,t with him was contracted without any reasonable
expectation of payment. Tim insolvent having oUlaincd two
watches from Mr Clattenl,erger at a time when he was sur-
roundedby liabilities,ltho debt, vv., being incurred by means
of representing h;mself as brother...n-tan• to Ensign Bulkely.
It was also complained that the insolvent bad nevermede any
offer to his creditors, although at varisus timss he was in
receipt of large sums of mole,. Mr. Nichols, in defending
the insolvent, intimated that Mr. Claftenberger's debt would
be paid by the insalvent's friends if the court thought such
a course necessary. The commi.sioner considered that the
debt of Mr. Oolshede was by no mea..s a Loud fide one, but
that of Mr. Claftenberger's he thought one of a reckless ex-
penditure on the insolvent's part, the articles ob wined having
been prese,tredto ladies. The ease must be adjourned for
some amendment; to be made in the schedule. Judgment
would be given at the neat hear:ny, if prayed for by Mr.
Claftenberger.