The British Press; or, Morning Literary Advertiser.
London, England, 1821-11-02 00:00:00

HOWARD ud GIBBS' BANKRUPTCY.

The Commissioner held another Meeting on Tuesday, at
use o'clock, at Guildhall.
Several creditors proved witboat any opposition.
lir. Frederick Walls& presented biasorlf to prove a debt of
42111. being the amount of cash (2001) lent by him to the
baukrupts, awl sums received by them for his use.
Mr. Adam, objected to this debt, and he did so, becalm
in the pass book between Mr. Walsh and the bankrupt's,
there was a balance 'struck in April last of 7001. and 'loom&
is favour of the bankrupts. There were subsequent entries
to the credit of Mr. IValsh, and from these arose the halftime
now claimed. One of the entries to the 'credit of Mr. Walsh,
since the striking of the balance to April, was 1,2181. the
meant of an sunnily payable by Lord Foley to Mr. Walsh.
Mr. MONTAGUT slated, that in November last Mr. Walsh
purchased fur 1,200/. an annuity from Lord Foley, on the too-
dertaking of the bankrupts that they would repurchase from
him, which they did by a bill at a month, and which bid was
duly honoured ; so that this purchase bad nothing to do with
the present claim, which was fur money since lent to similar
dividends of non•ities received by the bankrupts for Mr.
Walsh. Mr. Walsh was debited for 1,2001. the amount of
the bill at one month.
Mr. Alums—Theo, if it were for the purchase of an an.
Emily, why nut give him credit fur the amount of tune annuity
at the time? I wish to be understood as not distinely
stating that the annuity was not purchased in November, and
that the bill was nut drawn fur the purchase money ; but
when Mr. Walsh is debited for the mount of the bull, and
not credited fur the annuity at the same time, 1 think some
explanation necessary.
Mr. MONTAGUE—Then, the only question is, whether the
annuity was purchased previously to 'lee bankruptc), and if
so, was the hill drawn for the purchase money ?
Mr. Gibbs and Mr. Walsh were examiused, and bolls de-
posed to the farts stated by Mr. Mootague.
Mr. CONlTigtiOfter GOULBUR:4 had considerable doubts

respecting this claim. its ciminquence of the Iralaore struck
its the pass book, in April last; but as his brother Commis-
sioners seemed to think the transaction clear, he did not dis-
agree with them.—The debt wait then allowed to be proved.
MR. CARROLL'S CLAIM.

Mr. Illommus had been in the country since he last hail
the honour of addressing the Commissiouris, and bad teii•sil
in his mind this claim of Mr. Carroll's, and had stated the
circumstances to many conversant with bankruptcies, all of
whom were of opinion, that Mr. C. had a right to•prore on
the bills of eaebaogr, without reference to any oilwr amorists
between him and the bankrupts, particulaily when, un the
other account, it would appear that a balance of 9,0001. se-
cured by mortgage, was due to Mr. Carroll. if it were not
contrary to the practice of the Cominissioners, be should wish
to be again heard.
Mr. Commissioner TIMIECK—Mr. Carroll would not an-
swer what we thought legal questions, and we world not in
consequence permit him to prove. If lie be now ready to
answer them we will fix a day fur hearing him.
Mr. Motcraaut —I don't say that Mr. C. is ready to an-
swer them, and I wish to be again heard in support of Mr.
C.'s right to prove without refetelice to any other acconnla.
I think, if I had un a former occasion staled the matter
clearly, the Cominissioueis would not reject the proof tea-
dered.
Mr. Commissioner Trtnatc9—We have before decided
that the questions are legal, and we cannot hear shy argu-
ments against that decision. We are chair upon the point,
though we might be wrong.
Adjourned at three o'clock.