The Sun.
London, England, 1863-10-29 00:00:00

THE SUN. LONDON, THURSDAY EVENING, OCTOBER 29, 1863.

SECOND EDITION.

SUN OFFICE, HALF-PAST 4 o'CLocx.

SPOR LING INTELLIGENCE. --This Day.

NEWMARKET RACES—THIS DAY.
(BY ELECTRIC TELEGRIPH.)
CAMBRIDGESHIRE—Lord Westmoreland has withdrawn
his protest, and the stakes awarded to Catch'em Alive.
SUBSCRIPTION PLATE.

_ _ _ _
Wingraw' 1
Sweet Willie

Seven ran.

SWEEPTAKES OF 50 SOVS.

Beatrix
New York

THIRD EDITION

SUN OFFICE, SEVEN O'CLOCK.

LAW INTELLIGECE.--This Day.

COURT OF BANKRUPTCY.
(Before Mr. Commissioner Goulburn.)
IN RE FEARSON.-EXTENSIVE FAILURE OF A MERCHANT.

THE AMERICAN WAR.
This bankrupt, Zachariah Charles Pearson, of Nicholas-
lane, Lombard-street, and of Kingston-upon-Hull, traded
under the style of Z. C, Pearson & Co. He was a mer-
chant trading to all parts of the world, and large ship-
owner. The failure is one of the largest which has been
brought into the Court for rnany years, the debit side of
the accr,unt showing figures to the extent of £G45,000, and
the deficit, according to the bankrupt's own showing,
amounts to the very large sum of £212,574. The case was
last before Mr. Commissioner Holroyd in July last, when
it was adjourned until this day, the assignees in the mean-
while using strenuous exertions to realize the estate, a
large portion of which ccnsisted of vessels and freight,
which had been seized by the American (Federal) Govern-
ment as contraband of war.

In the first page of the balance-sheet it is stated that the
bankrupt has a claim on the Federal Government of £87,694
on the Confederate Government for £99,000, and on the
Italian Government £7,500.
The claims of unsecured creditors are £115,330; of cre-
ditors holding security, £147,461; liabilities, £68,490;
liabilities on bills payable, £12,336; creditors to be paid in
full, £1.355 ; good and doubtful debts, £6,581; property
given up to assignees, £24,355; property in the hands of
creditors, £320 615 ; leaving the deficiency, as above stated,
of £212,574. The capital was stated to be on the 10th July,
1858, £20,145; drawing account, £12,414; trade expenses,
£15,781; losses, £198,616 ; profits, £65,86 t.
Ruling a portion of the time Mr. James Coleman was a
partner in the firm, and retired in July, 1860, receiving
£l,OOO.

The ship losses are on ships and cargoes sold to the Con-
federate Government, who refused to fulfil ►their contract,
and the capture by the officers of the Federal Government
of sundry ships—viz , the Patras, with freight and cargo,
£15,378 ; Stettin, ditto, £19,840; Circassian, ditto, £35,000;
Empress, £3,003; Llndona, £14,714; in all £87,962. The
steamship Orrell was chartered in 1860 by Garibaldi to
Stake passengers from Genoa to Messina, axd a clause was
inserted that if the passengers took forcible posses-
sion of the vessel in the harbour .of Genoa, the
charterer was to pay the owner £5,000. The passengers
took possession of the vessel in the harbour of Genoa,
and £5,000 became; due by Garibaldi, whose liabilities have
been adopted by the Italian Government, who have ad-
mitted their liability, and made an offer of compromise,
£5,000; sundry expenses in prosecuting claim, £2,500; the
losses on steam ships ate thus summed up—eight ships
loot at sea, £24,276 , on six sold, £11,620; and one built
in the Thames. £13,192; on six captured by the Federal
cruisers, £34,223; on ten mortgaged to creditors, £63,461 ;
making in all with a sloop and yacht, £146,827. The losses
in 1859 were £33; in 1860, £7,495 ; in 1861, £16,624; iu
1862, £122,673 ; in all, £146,827.
The case was appointed for 11, but not called up to one
o'clock. It is expected it will be adjourned.

RE A. GURNEY.
The bankrupt was a licensed victualler in the Lower-
road, Islington, and this was a meeting for declaring a
dividend. Mr. Joseph Hart (Hart Brothers and Hayles)
stated the debts amounted to £2,100, and the assets in land
amount to £1,050. The assignees therefore propose to pay
a dividend of 6d. in the pound, reserving £5OO for contin-
gencies.
from to ls. Gd. in the pound.
It is expected the estate will pay eventually

POLICE INTELLIGENCE—This Day,

MARLBOROUGH-STREET.

A DISTURBANCE AT TILE LONDON PAVILION.—Mr.
Henry Hornby, of No. 1, Eversfiold-terrace, Balaton, and
Mr. Raymond Darby, riding-master, Holland-park Riding
School, was charged as follows :
Sergeant Henry Allen, 20 C, said that at a quarter past
eleven last night he was called into the London Pavilion,
whore the defendants were making a great disturbance, one
of them being engaged in fighting with a person. The ee-
fendants were given into custody by one of the proprietors,
(M. Loibl), and, they were taken to the Vine•street station,
but on promi,ing not to return to the place, M. Leibl did
not press the charge, and they were allowed to go. The
defendants, forgetting their promise, went back to the
London Pavilion and got up a disturbance at the door. He
(the sergeant) moved them away, and on getting to Scott's
the defendants went in, but, being very drunk, were speedily
ejected without being served. The defendants then re-
turned to the London Pavilion and created a disturbance,
and he took them into custody.
One of the defendants said that a remark was made about
his companion at the London Pavilion, and then he was
struck on the nose. They were taken to the station, but
the charge was not pressed, and why they went back was to
get his hat, which he lost in the melee.
Mr. Knox said the fact was the defendants got drunk
last night and made fools of themselves. If they had be-
longed to the class of costermongers he should have fined
them 5s each, but as they belonged to a mote decent rank
he should flee them 10s each, and would advise them not
to make such fools of themselves again.