The Sun.
London, England, 1841-04-28 00:00:00

THE GUILDFORD BANK.

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In the Bankruptcy Court OR Monday the case of Anthony
Lee, bankrupt, came on for hearing, when the following ex-
traordinary disclosures were made. Up to the present meet-
ing no less than 690 prods have been admitted upon the notes:
of the bank for 10,4451., and that upon deposits arid balances
76,4731., making a total of 86,9181., while the total amount
of debts and liabilities is found to be L''.09,2491. The real as-
sets upon the demise of Richard Si.arkes were 42,2331., and
there has been re?lised, under the present estate, about 14,0001
A Solicitor who attended on behalf of the executors of the
widow of Richard Sparkes, wished to know if the Learned.
Commissioner had yet decided upon the admission or rejection
of her claim.
The Solicitor to the Assignees expressed a hope that his
Honour would reject the claim, as the entries formerly re-
ferred to in her pass-book were all for pretended credits, as the
sums there specified never went into the bankrupts' hands.
Those entries were all in the handwriting of the younger
Sparkes, and the other banking partner knew nothing whatso-
over about them.

Sir C. F. WILLIAMS—The banking partner .bound to
be at (painted with these entries, but he mut also have sem&
them, for not a few of them were in his own hand-writine,.

The Solicitor to the Assignees observed that the large pro-
perty which was pretended to exist did not exist in fact, and
the dividends credited to :Mrs. Sparkes on the pass-book were
nothing but a pretence.
Sir C. F. WILLIAMS—I must have evidence as to all these
facts ; and particularly as I understand that this case is to be
brought before another tribunal. If, however, in the meats
time, the solicitors can agree upon a statement of the facts.
then I shall be in a condition to adjudicate upon the rejection
or admission of the proof; but not till then.
An appeal was next made to the Court for 10/., which a
female servant had received as wages, and subsequently placed
to her credit in the bank. _ _ _

The Learned C 31MISSIONER could not admit the claim ;
but it was a case which he had no doubt the assignees Would
take into their kindest consideration.

Mr. WALL (a solicitor) claimed to prove for interest upon
1,0001., which had been left with the bankrupts under the•c
circumstances :—Mr. Waring Kid, his client, deposited 'the
sum of 2,9901., in March, 1839, with Mr. Sparkes, for which
he agreed to give him 3 per cent. Of that sum 1,0001. was
to be laid out in the purchase of a life annuity, and to be done
forthwith; but that was not done. Mr. Kid, however,
having pressed him to do so, an appointment was made ftr the
parties to meet at the offices of Mr. Peppercorn, the broker,
in London. There they met, and Sparkes told him it was al
arranged, but ultimately it turned out that it was all a mere
delusion, for it had not been effected.
Sir C. F.. WILLIAMS said he did not know of any language
sufficiently strong in which to char acterise so abominable al
fraud. Were there many.similar frauds ?
Mr. COLEMAN (the accountant) said that unfortunately
there were ; and Mr. Rand, of Guildford, said that a ladies'
savings' bank was the greatest sufferer in that respect.
The Learned CoanwisslowEit thought that Mr. Kid, as a
man of business, should have exercised more caution; but as
the case stood, he would allow the proof for interest at 3 per
cent. What was the amount of the false sales of stock ?
Mr. COLEMAN—About 80,0001., out of which about
20,0001. had been replaced.
The REGISTRAR, (Mr. Parry) drew the attention of the
Court to the bills of costs of Mr. Hockley and Mr. Rand, two
solicitors of Guildford, who had the management of the bank-
rupts' affairs ; when
The Learned COMMISSIONER said he never heard of such a
thing in his life. He did not doubt the great respectability of
Mr. Rand, but the double charge could not be :Bowed.
Fifty-one fresh proofs were admitted in the course of the
day, to the amount of 4,7951. 4s. 6d., and the farther hearing
was adjourned to the 24th of May next.
An island has been discovered between the Cape
of Good Hope and Australia, in which there are valuable coal-
mines.