The Express.
London, England, 1861-05-15 00:00:00

MAY 15,

• account wee overdrawn. In 1857, it was overdraws 7,9001.,
and in 18514_15,00M Os the Ist at January. 1860, when
he joined Mr. Trougliton, his present partner in business,
his account was overdraws 15,9991. Had no capital in the
business, but had property out cf it. He knew Mr. Edward
Rowland. Mr. Rowland was a partner with llamas Beane,
and Rowland and Evans were customers of the bask. In
1856 they were bankrupts, and he proved a debt of 2,8861.
He gave is the securities be held, and received no dividend
tinder the baakruptcy: After that bankruptcy, Mr. Rowland
reopened an accoOnt in February, 1857. After that time
Rowland's name appeared in the monthly balance-sheets
which were prepared. Before January, 1859, he found
that Rowland's account had sometimes been overdrawn,
and he had complained to Mr. Troughton. Rowland had
made representations that he would be able to pay everything.
Before Jamary, 1859, Rowland's account being overdrawn,
he compbtined to Mr.Troughtonof his Instructions not being
attended to. When the partnership between Rowland and
Heruamann was dissolved in July, 1859, the account of Row-
land was overdrawn up to January, 1860. He had con-
'tautly complained of this to Mr. Naughton. Did not
know whether the bank at that time held any security for
their debt. Mr. Troughtou managed the whole of that
affair, and Rowland promised to give him some mortgagee.
Rowland represented it so strongly to Mr. Troughten as to
induce witness to continue the account. After the Ist of
January , 1860, he found Rowland's account cootently in-
eroaeed bank were in the habit of discounting Rowland's
promissory notes, and placing them to the credit of his ac-
count. On June 5, 1860, she account we overdrew' 0001.,
and they also held Rowland's promissory notes for 1,1001.,
which were dishonoured. He ought to have known of the
state of the accounts at that time, but did sot. He was
away at that time—he might say from May to August.
He was at the bank two or three times a week. He had
not looked at the "rnadoom" book as he should have done.
Looked at the balancebook. Froth the sth of June down
to October the aooount of Rowland was continually in-
•=2l. Troughtus had told him that Rowland bad re-
y applied to him for moony to pay creditors who
were mane him. Had also applied for cash to pay
wages to his workmen. First looked into his affairs
in October. He found be looked into the affairs of
the bank in the middle of September. His induce-
ment was the large emoting of Evan's talk (20,0000
under discount, besides which then was a large mama on
the account unpaid. He urged Mr. Troughton to close the
socount as soon as possible. He was aware that throughout
the whole of the year 1850 the account of Evans Brothers
was °ardently increasing. He continually. complained of
this to Mr. Troughtou. The amount still increased, they
*00136 papers showing they would give securitim, such as
Ste. Is August, 1850, he knew Evans Brothers=7l4 the strike. They were in the habit of
assisting than at that time. He always looked on the ao-
.
mount of Ream Brothers as a " dangerous" cos, and me
continued much against his will. At the end of August,
1800, the bank disocassited for Evans Brothers two promis-
sory notes--one for 1,0001. and the other for 1,2001.—0 n ac-
count of the contract foe Mr. Davies. It was a contract to
build houses for his mother en the Houton estate. Witness
acted as agent for his mother ie the matter. The money was
advanced to Evans Brothels on security of the contract,
during the year 1860. lie entered into contrasts with Evans
for budding se the Hortes estate. The monies paid °Demount
of that estate by the bank were for Mrs. Davies. Had
never represented that the property belonged to him. It
belonged to his mother. He observed that in the account
in the boob his MIN was scratched out, and *et of his
mother substituted. It was done by his direction. He
drew cheques for his mother in his own same. He put on'
them "B. A. (Building Account), for the guidance of
the clerks in the bank. Me never had himself investigated '
the hooks of Evans &Mims. Beyond the representations
made by Troughton, did not know anything of Evana's
amount. Just before the closing of this account, had inter-
views with Mr. M`Kewan, the meager of the London and
County Bank. Was anxious that they should take the bank
off their hands. Mr. hilLewan prepared a statement of
their affairs. Did not know it showed the bank could not
pay 10e. in the pound ; usdentiood *het it could pay 12s.
in the pound. On the 3rd of October, after consulting
Mr. Fez, the solicitor, Evaes's note was discounted
foe 7001. Should my he wee not consulted
to the discount. bat msiM not my positively. The con-
sidenstioo on the sole stated for value mosived on the
Merthyr contract. They were under advances on the Mer-
thyr contract to the exteat of 2,000 E The bills were kept
in a case at the bank. Occasionally looked at them. At
the date of his bankruptcy was not living at the Caidge
Farm, but at Springfield. The Caidge Fula was purchased
by the trustees of his wife, is IM, for 12,6001. Had since
laid out 11,0001. os the farm. Had laid out 2,000 f. ii
drainage, but 5,0001. or 6,0061. had some back to the estate,
the produce of that farm. By his private account he found
his drawings in 1859 were kept in his books.
By Mr. Lawrence—Knew if witness's debt to the bank
was not paid it would be insolvent. All the capital in the
lank was his own.

Mr. Linklater—There was no capita (Laughter, and
other exclamations of apiprebrition.
The Commissioner disapproved of them demonstrations.
Mr. Lawrence mid they were provoked by the interlo-
cutory observations of Mr. Linklater, who invited the
cheers and responses.
Mr. Linklater— I beg your pardon. I am not in the
habit of indulging in them if you are.
Witness said before he became a partner in the bask be
had been an underwriter, and retired from business. He
had bean induced by Forsyth, on the death of hie brother
Jaeepli, to become a partner. He paid Forsyth 1,0001. to
go out. Boyeed the fact of Rowland and Evans having
been bankrupt, he had no doubt of their honesty and in-
tegrity. Knew that they obtained Int-clam certificates.
Although he thought Evans's a " dangerous amount," had
not calculated upon any loss to the last moment. When
it became Decessztry to close the doors he made an smogs•
meat for the London and County Bank to pay the depositors
7a. lid. in the pound on their account. being transferred.
That hod been the TIMMS of preventing very great loamy.,
Mum. Had not themselves in any way • ted the
sank. al the bank to their own purposes. lie not most.
pied in any way his private property so as to diminish
the dividmd for the oreditom _

iil7.leenlon, id; at the trustees nadir the estate of
Evans Brothers, was examined by Yr. 'Janitor. The
result of his investigation proved the Merthyr to be an on.
profitable contract. Should think the Swansea was corded
on at • loss, but could not tell. (bald not tell whether the
Tavistock Hotel was unprofitable, butanes about a week
before their s the parties took their contract into
their own hands. The Hounslow was undoubtedly un-
profitable. Could not say as to the Camden Town.
Mr. Joseph Evens was next briefly examined, to show
that in 1859 the acceptances were frequently dishonoured.
Mr. Lawrence and Mr. C. E. Lewis having severslly
addressed the court,
The Commissioner reserved jimigment.
(Before Mr. Commissioner Hoiroyd.)
as AMOR. —Tltt RAINBOW, rumr•eritur.
This was the oldies of assignees under the second
bank-
rutoy of J. Argent, of the Rainbow Tavern, Fled-street.
The debts are dated at 2,74fi1. against "Meta 6001. Debts
to the amount of 1,2001. having been proved, Mr. Baker, of
Fleet-strest, tobseeceat, and Mr. Hudson, of Skinner-
'trod, winmsrchant, were appointed assignees.
(Before Mr. Commissioner Foablanque.)
U WOOD.—BANIMUNICT AT ten.LwALL.
This was an examination meeting in the matter of Stanley
Jae. Wood, of Millwall, cement manufacturer.
The balance-sheet, compiled by Messrs. Harding, Ball,
sad Bush, shows debts. Mat. ditto secured, 2,6782.
Liabilities on bills payable, 1,474!. The smite consist of
good debts, 2771. ; doubtful, estimated to produce SW. ;
P`l'Ly, NOS. ; ditto, with creditor', 3,4871.
libankrupt paned his examination.
The examination of theses. Nickoll sad North, tallow-
brokers, of Bishopigaii4trest, was adjourned in the absence
of accounts.

INSOLVENT DEBTORS 0017RT.-31A: 14.
(Before Mr. Commissitmer Nisliels.)
IN RC MIMS 111001118011.
This insolvent, a commander in the Royal Navy, appeared
under the Protection Act.
Mr. dargoodt cm the part of several creditors at Gress-
with, said the insolvent had undertaken to pay 100/. a year
to his creditors, and the 10th May was appointed for the fret
quarter's payment. The money hid not been paid, and be
presumed the court would now adjourn the case sine die.
Mr. Comminioner Nichols said Lieutenant Iliggineon bad
made an affidavit, which bad better be reed.
The affidavit was accordingly reed by the officer of the
court, to the effect that be expected &remittance from India
by the mail, and only wanted an adjournment till the 24th
Bair. Snood bad no objective to an adjournment if the
money was forthcoming.
Lieutenant Higginson assured the learned counsel that it
would be pea
To make the payment doubly sure the case was adjourned
to the 4th June.

RAILWAY Commrrigga.—Yesterday the House
of Lords' committee of which Lord Mooteaglo is chair-
man resod the bill of the Lancarior and Yorkshire Rail-
way for their branch to Bootle and elsewhere, and then
' entered on the consideration of the bill of the Leeds, Brad-
ford, and Halifax Junction Railway. The bills of the Mid.
land Railway for their new lines and of the Great Northern
Railway for the purchase of the Hertford Railway were
also passed. In the Commons' committees ocotillo= evi-
dence was taken in connexion with the bills under conai.
deration the day before, and in Mr. Nessey's committee the
following bills were disposed of :-Lyan and Hunstanton
Railway, Dartmouth and Torbay Railway, Wed Crowell
Railway, Thames Havers fAhandoiunont
✓isk and Peebles Rat74:Tew Roos Port and
and Clifton Bluspensioo
Mueslis( OF PATENTS, SOUTH RUNAINGTON.—
Number of visitors for the week ending May 11, 2.363.
Total amber Moe the opening of the museum freedaily
(Mr 12, 1858), 381,909.
[Advertisemeat.}—HouowAT's OINTKINT AND
Pnia.—The scrottdoes and eamemptive will dad la Wm situ
remedial' the somas fly wafts out bed 'lda
rlarbh:dHltroriiirday Stheirmill= se r aa
Part erected. It wilt awl AA nod its=isai
energetically oa the dlisaml DiValls
powerfn c la reseving an table trim suraDasolly
curing oLeau
simisle alzerme mar
I.
w:ay's Puttying Pills eiteeld hi ahem Ides hie to bele.
used ; both remedlet wM=lsele. ebeat awe ad seedels.
searbelle emptier. sad

1861.
THE POLICE COUR:

TS.