Northern Times.
Liverpool, Merseyside, England, 1857-12-19 00:00:00

BILL DISCOUNTING EXTRAORDINARY.

At the London Insolvent Debtor's Court, off Thursday,
t in the case of rs Frederick George 'Nutley, a young man
of twenty-three, wise had been an ensign in the Royal
Antrim Rifles, was opposed by Mr. Reed, for Mr. Smith,
a surgeon, and Mr. Barton, an aceoactant, as tee for a
Mr. Stansfield, reeidi IT at Belfast. Mr. Bargo;d supported.
The case, which commenced on Wednesday, occapeel the
court till nearly six o'clock yesterday, and disclosed so
extreorclierry reeking of bills of exebasge between the
insolvent and another young man named Jonathan Wor-
rell Hied.; who was also a prisoner on the same transac-
tions. Tile debts en the schedule, with the liaeili•ies. were
.E 2,101, of which no consideration was received for ..421,749.
The bill trausections, which extsnded except one, from
May, till October, were set forth on the schedule, and
among the holders was Mr. Humphrey Brown, and his
assignee was inserted as a creditor. It appeared that the
inselvent and young Hinds (who lived with his father in
Portland-place, who was stated to be a person of property)
crommenced to make bills in May. One drew and the
other accepted. The fist transaction was to get Hinds
oat of prison jest before "The Derby," and aho another
prisoner named Jennings (lately heard before Mr: Com-
missioner Murphy). Bills were placed in the bands of
parties, and nothing obtained. From some money, cigars,
and jewellery were procured, and the parties emplorell
wore agents between the borrewers and leaders. The
opposing creditors, Mr. amith and Mr. Barton, had given
money through a Mr. Ceerles Ellieton Wilson, who
was now a schoolmaster at Grays, end a Mr. Rowland had
iatrodaeed the ioaolceut, who said he bad beta obliged to
give up his commission in coneeqaence of his arrest, had
an allowance from his mother of £4OO a-year, wag a
member of a club in Leicester-place, where he met Mr.
Hinds. Bills were soon concocted, and now appeared in
the schedule, Untel within a few days of the arrest the
insolvent was negociating to get bills discounter. He
was arrested ou a carets., hut denied that he had any
intention to leave the country. Mr. Hinds, who was
brought up from prison, said he had lived with his father
in Portland-place, and he had bad an allewance.. Ike
was it prison on Lill transactions, and had not petitioned
the court, as he expected to settle, a'thongh ha admiled
that his bill transactions were about ee'3,ooo. Ha said ke got
acqaaiated with a person named Smith (not the opposing
creditor) through qmati aboall town, named Plowman.
The Chief Commissioner asked the meaning of a " man
about town." Mr. Hinds said he was a person who could
get bills discounted, but had no property of his owe. The
learned Commissioner 'sent for several schedules of parties
who lied taken the benefit of the Act, who held some of
the bills for.which the insolvent alleged no value had been
obtained, and to whom they were siren to get discounted.
He remarked that the icsolvent seemed to have had more
persons from whom he had get nothing than most men who
had engaged in similar trenssctiene. Ultimately, the CA!O
was adjoarned to the 10 h January for an account of the
bill transeraioas, and with rise proceeds of the same. It
was also said that Mr. Wilson wauld be required to attend
by the opposing creditor, Mr. Smith, who had lost abou
£BO. Beth the insolvent and his friend Mr. Hinds wen
back to pdson.