The Sun.
London, England, 1847-02-20 00:00:00

HAY MAiiiIESTS.

SMITHFIELD.—Meadow Hay, 215 s to 31 15s ; Clover ditto,
31 5s to 41 Iss ; and Straw, 11 103 to 11 ]4s per load.
Supply good, and trade dull.
CUMBERLAND.—Meadow Hay, 21 8s to 4/ ; Clover ditto,
31 5s to 41 14s; and Straw, 11 12s to 1116 s per ,load.
A fair average supply, and a sluggish demand.
WHITECHAPEL.—Meadow Hay, 2/ 5s to 3/ 15s; Clover
ditto, 31 5s to 5/; and Straw, 11 lOs to 11 14s per load.
Trade dull, at barely late rates.

CHANCERY.-(THIS DAY.)
The LORD CHANCELLOR sat in his Court in the Old Hall,
Lincoln a Inn, to-day, and heard appeals.

PEACOCK V. IC ERNOT.

The arguments in this part-heard case were resumed this
morning. The case came before his Lordship upon an appeal
from the decision of his Honour the Vice Chancellor of Eng-
land, setting aside an agreement entered into between the
plaintiff and the defendant, and ordering the latter to pay the
costs of the suit. The bill was filed by the plaintiff, who was
described in it as being a yoUng man of weak intellect, and
not free from intemperance, for the purpoae.of setting aside a
contract which he had imprudently entered into, for the pur-
chase of a toy shop in Cowes, in which advantage appeared to
have been taken of his folly. It appeared that the plaintiff
had been brought up to the medical profession, and had
failed, and he had then tried the army with no better suc-
cess, and about the year 1844 he went to•reside at Cowe s,
where he felt in with the defendant, a person practising as
a doctor and apothecary in the town, the owner of a
medical. hall, aria the secret proprietor besides of a toyahop
or fancy warehOuse, such as is found in watering places,
and which had a private communication with the medical
ball, and was managed for him by a young woman. The
plaintiff being at large for a profession, was persuaded by
the defendant to think of keeping the toysluip as his future
occupation. , The young woman was consulted as to the
value of the shop, contents, and premises, which she re-
presented as worth '1,5001. The defendant's wife inter-
.fered, and told the young man they would not be too hard
on him,' ard. they would say 1,300/., at which price the
bargain was closed. An agreement in writing was then
drawn up by a friend, a shopman of the defendant, who had
somehow acquired a little legal knowledge, and by this do-
cument the plaintiff, if he should relinquish business, was to
give the refusal of it to the defendant, and the defendant
retained power to give the plaintiff six months' notice to
quit the house. The plaintiff' was next made to transfer to
the defendant a sum of Bank Stock, and to gave him a war-
rant of attorney for securing the remainder of the purchase
money. Ofia former occasion an injunction was granted re-
straining the defendant from availing' himself of these
securities, and on ,the case cothirlg flit. hearing
the judgment was pronounded' by the' Vice-Chancellor,
of England, which was nowappealed from. His Honour, in
gibing that judgment; said that the agreement contained an
incurable vice, and that no person could read it without see-
ing that it was calculated to do manifest injustice to the
young man ; though possibly thls effect had not been con-
templated at the time by the defendant; for by the priwer
which the defendant possessed of giving the plaintiff six
months' notice to quit, the whole benefit of the agreement
for the sale of the business might be destroyed. Hit Honour
acquitted Dr. Keruot of any intention to commit such a
fraud; but, to say the least of it, it was imprudent, as be-
tween a young man who had failed in the medical profession
and the army on the one side, and himself, a clever practi-
tioner, with a German degree, on the other, to employ a
young man, with a smattering of. law, who had been in the
service of the defendant, to draw up the agreement for them.
The Doctor, he thought, had been ill advised to allow the
cause to go on to a hearing, and he felt bound to decve the
relief pray'ed, and with costs. From that decision the present
appeal was brought.
The arguments on the
.appeal appear likely to occupy the
Court for a day or two.