Northern Times.
Liverpool, Merseyside, England, 1857-09-24 00:00:00

THE ROYAL BRITISH B4NK.

Yesterday was appointed for the last examination of
the directors representiog the Royal British B ink under
the bankruptcy. Three htlance-ghee s have been filed,
extending over upwards r f 800 folio pages Mr. Linklater,
for the assignee; said that a few days since the court was.
applied to ith respect to a claim made by :fir. Myers, the
builder, and it was suggested that ha matter t.irtuld be
submitted to reference, but the assignees considered it
was not so much a matter of scaount as law, and he,
therefore, had to ask his lionaur to fix a day for discussing
the case.

His Honour appointed the 23th of October for that
purpose.
Mr. Linklater said this was the meeting for the last
examination and tw.) balance-sheets had been filed, but
so recently that it was ab,oluely necessary that an ad-
journment should take place, in order that the asstnees
might have the opp-rtunity of examining the accounts.
One balance was prepared by Mr C leman ; one by Mr.
Stapleton, inaividually ; another on behalf of Mr. Alder-
man. Kennedy, Mr. Vai,lant, Mr. Esdaile, and Mr. Lead;
and one by Messrs. Cooper and Stevens. on the part of
Messrs. Gillett, Hunt, and Butt, who became directors on
the 5h of August, before the bankrup'cy. The court had
directed that the balance sheet should be filed on or before
the Ist of Feptember, but the first w s not filed until the
12th instant, and that by Messrs. Cooper and Stevens.
only this morning.
Mr. Sleigh, M. Mason, awl Mr. Freshfield, who appear—
ed for the directors, assented to the alournment.
Mr. Linklakerthen went int) a very lengthened explana-
tion of the course which had been pursued by the assig-
nees, who had been exceedingly anxious to promote the
interests of the creditors. With respect to the dividend
which it had been intended to declare this day, he was
sorry to say it could not be made, as the assignees had
not been able ti effect a sale of the Welsh mines, which
were eat down at £l2O 000 ; bpt he had no d ,übt that
eventually the creditors would receive a dividend of 20s.
in theFound—namtly, 10. from the estate, Os Gd.
from the shareholders with ahem fie assignees entertained
strong hopes that they would be able to effect such a compro-
mise as would be satisfactory to the creditors, and meet
the sanction of the court. He then explained that the act.
of parliament, giving power to effect a compromise, dial',
not interfere with the interests ( f the creditors, who eJu'et,
apply to the court for leave to proceed against any shale-
holder who would be required to give security. He.
strongly urea I the shareholders to come forward and eon-
tribute, and many had returned from abroad -wick the
intention of doing so.
Mr. Lawrence addressed the court to the same eitoti.
The meeting was then adjourned fur two months..

FATAL BALER. FXPLOFIONT Ie Donnam ---4bort nine
o'clock on Sunday morning, one f the 'bailers at the
Trio 'on Grange Colliery exploded with a 'toad report. It
shook the earih. The repot was heal d, for about a mile
eiitanr, and was societhin like the exo'iosion of a magazine
of povv'eo, The chimney was split, %tie stone walls blown
to atoms, the boilers shifted out of their place. and a large
number of houses damaged by briutti,
stones, Pulleys, metal
pipes, &'. The boiler hail s;ilit in two ; the upper part
was blo vn over the top of six or tight houses, and fel into:
a pond abut 100 or 120 yard distenee from the place.
The other part was thrown over the engines, house, and
railway, on to the dustherip, at a distare3 of about 1.40
yards. Oa clearing away the stones and rubbish near
where the boiler stood, the bodies of two yoarg men were
discovered, the one named John Orton, the other Roper,
the fireman. They were dreadfully sealded, and of course
quite dead. A child playing in the stree's was struck by.
one of the bricks, anti there seems to be little or no hope (a r
its Ismer",