The Sun.
London, England, 1864-12-02 00:00:00

The Leeds Banking Company.

Yesterday a meeting, under the winding-up of this cor-
poration, was held at the chambers of Vice-Chancellor Kin-
dersley, Lincoln's Inn, before Mr Buckley, the chief clerk.
It had been arranged at the sitting; previously held that
three representative cases should be selected for investiga-
tion, and that these should govern a largo number of others
in which the principle of contribution involved was the
same.

The first case was that of a Mr Crosland, deceased, and
his executors, after a short technical discussion, were placed
on the list, until further information was obtained as to the
vulue of the estate•

The nest was that of Thomas Brumfit, Thomas Crad-
dick, and Thomas Craven, executors of the late James
Craddick, of Leeds.
Mr.Denton, from the office of Messrs Freshfiold and Co.,
said that this was a case of representative character. The
official manager believed the estate of Mr Craddick was
quite able to pay, but some further information was re-
quired.

Mr Nelson, solicitor to the executors, stated that the
shares alluded to were specifically bequeathed, and a bill in
Chancery was about to be filed to determine from what fund
the amount of the call was to be derived. There was no
doubt the estate was sufficient to meet its liabilities, The
will was proved for £7,000.

Mr Denton said that the estimated call then would re-
quire £3,o3o—half the estate nearly.
Mr Buckley said ho should "settle" the executors in
their representative character on the list, without preju-
dicing the right of the official manager to put anyone else
on the list hereafter.

Mr Torr, solicitor, objected that the present was not a
model case. Were they always, at those meetings, either to
adjourn the consideration of cases or exempt them as spe-
cialities, or to clog decisions with reserved points? Surely
some instance could be found among those called on as
contributories involving a principle which could rule half a
dozen or a dozen others.

Mr Denton said that Mr Craddick signed the original
deed. The names of his executors were placed on the books
of the Leeds Banking Company, and they had for a long
period up to Feb. 3, 1861, drawn the dividends accruing on
the shares.

The next name was that of Mr John Chalk Barret, of
Liverpool, but before it was gone into,
Mr Bunting, solicitor, said it seemed to him that they
were in reality making no progress at an. They should go
on from thee to time, seemingly for over. Unless Mr Bar-
rett's case was all fours, similar to that of his (Mr Bunt-
ing's) client's, what good was it to him ?
Mr Turquand said it was impossible to raise a case which
should resemble every other in every minuto point.
Mr Buckley said he could not choose the cases. That
was the work of the official liquidator.
Mr Patteson said he appeared for Mr Barrett.
Mr Denton said that the gentlemen signed the deed of
settlement (which he produced) for ten original shares of
£lOO each. Clause 3of that document fixed the capital of
the company at £1,000,000, divided into £l,OOO shares of
£lOO each, and provided that the shareholders should have
power to increase the capital, and the directors the power of
allotting the new stock to the existing shareholders in pro-