The Sun.
London, England, 1848-05-02 00:00:00

EXCHEQUER.-(THIS DAY')

(Sittings in Banco.)
QUEEN V. ADAMS AND WARREI't• rtslrlf
Mr. HILL moved for a rule to show cause why Ce
se °f
claims of the Crown should not be allowed in themcw-ocet
the bankrupt estate of the Shrewsbury and
Drayton Bank. It appeared that two tax c°ll7 ibd
were in the habit of receiving the notes i,"e.dtorlS
cb;nallkinig::
bankrupts,p. aymento ttbtaex taxes and
by
yn
rightthe Porpir,leprisi
live, claimed trheßavAtiontuolisNe notes should be raid ill filial. lb°
t he Ther
judgesCHlEF
p
tosagiidvinhgetbweodueldeiscioonafheri
tie
CoOrC.
AY•)

ANKRUPTcy_(THIS
(Before :lir. Commissioner HoLitoYD)•
_4,40
THE GENERAL MARITIME INSURANCE COMPANY.
STREATFIELD.
This bankrupt was one of the directors of the a tie
neral Maritime Insurance Company, and heW csID
the
for his certificate. The company was insolvent,Ow of
directors having been held individually liable9s°rt for
them had been compelled to apply to this Cauist of
protection. The balance-sheet commences on the the
January, 1846, and ends February, 1848. .7
former period he had a capital of 13,4151. 3
privatedebts are only 29/. Os.2d. To ditto holding e
0 rs'
3,0581. Bs. 9d. Liabilities on account of the 'r-rdo
Maritime Insurance Company, 13,415/. 3s.
good debts 368/. 14s. Id. Property, 4,3141. 193•5841.
Ditto, in hands of creditors, 3,2001. Losses, 7A'ottid
Bankrupt held 310 1001. shares, on which he WI"
up 6,2001. Apr
Mr. NORTON, on be!-alf of a Mr. Dawson, a cre"liC
on a policy for 200 L, submitted that the certificate ea-0e
to be suspended until it was ascertained what conrii:beir
company intend to take as to the settlement Of 'that
affairs, as nothing satisfactory had been done ill
respect.
Mr. LAWRENCE said, that within a short titeen'osi'
tween 70,0001. and 80,0001. had been paid, and a 0134,,ab'
tion of ten shillings in the pound, which had been
scribed by the shareholders. tt:'
Mr. NORTON said that that money was apPl"ae- or,
contest every policy where the holder would net
the composition. Seel
ei
Mr. LAWRENCE denied this, and said that Mr. d
had no just ground of complaint, for he had rece.,-fio9",
large dividend, and was actually proceeding 01
other parties on the policy, and had served pellet 1131
bankruptcy on other directors. He contended t'tliorgf
bankrupt was entitled to his certificate, forayer 2:, Pad'
amount of private property had gone towards t""
ment of the debts of the company.
.4 celled
Mr. Phillips, the solicitor to the company, ftate.,-
to prove that the money had been subscribed e'si bee'
by one half the shareholders, and proceedings bar-,tblifiA
taken against the others, and there would be rii°^- 00"
sufficient to pay twenty shillings in the pound.
Aider'
gentleman in the City had paid 10,0001., being e°l)- bolf,
ably beyond his liabilities, and he could pay -
of the debts of the company. He had been serwydraolj,;
a notice of bankruptcy, but it was now with
The company's losses were principally in 181.g'
was unparalleled for losses on shipping insurance ooe'
sidneriesdlltohNaotuthae, acletretrifiheaeaterhoigugl;lutrtthoerbearggruaninteendte'fortle
with.

BIRMINGHAM AND OXFORP
_ JUNCTION RAILWAY—THIS DAlr') cut
will no doubt be within the recollection belt'
n readers that at the last meeting of this comPsOjuotil
some time ago tit Birmingham, it was adjournep Nce'
two
o'clock this day at the King's Arms, New
yard.
At the appointed hour Mr. Mathews took the cbsdr in
the absence of Mi. Muutz.
Mr. COLEMAN then moved that the meeting be
,:j;
journed until Thursday, the 11th instant, t"i)e,r, and
place and hour, which was seconded by Mr. rl'
agThed ree to. 01313
re
;at,
whole proceedings did not occupy mo
minute. Not hat' a idez.);l shareholders were Pre

G

DIED.
On the 26th ult., in ammark-hill, Thomas llich-$rj3o
Esq., aged 7e. liLi gi"' •
On the 2601 ult., Eliza, the wife of Mr. Henry-
Clapham-road.

y
--
IMO
London :-Printed and Published by MU-- No• 11$'
of
No. 112, Strand, Printer, at The Sun 0111€°' coatY -
strand, in the Precinct of the Savoy, the
Middlesex, Tuesday, May 2, 1d446.