The Sun.
London, England, 1856-09-26 00:00:00

THE SUN, LO - DON, FRIDAY EVE AN O,
,S PEMBER 26,

RAILWAY INTELLIGENCE.

EAST SUFFOLK.

The half-yearly meeting of this company was held en
Tuesday at Halesworth. The Right Hon. the Earl of
Strad broke presided.
There was a full attendance of shareholders.
The CHAIRMAN read the report of the directors, which
congratulated the meeting on Parliament having autho-
ris the construction of the lines from Lowestoft to
Becelea, and from Yarmouth to Haddiscoe, which, if
amalgamated with the East Suffolk Railway, would be
of great advantage to the three companies and the pub-
lic. The directors recommended this amalgamation and
the acceptance of the offer made by Sir Morton Peto to
extend the lease of the lines from 14 to 21 years, at 6
per cent. per annum ' • to lay down a double line of rails
from Yarmouth to Woodbridge ; and to increase the
amount of security for the payment of the rent of the
line from 50,0001. to 100,0001., to be deposited with
Lrd Stradbroke and Mr. J. H. Gurney, M. P. The
repot further stated that the works were proceeding
sat'sractorily and with delpatch.
Tee report was adopted.
A special general meeting was then held for the pur-
pose of considering the above, which, after an explana-
tion from Sir M. Peto as to the cost of doubling the
ines—of the arrangement he bad made for paying the
nterest of 6 per cent, from the Ist of July next, whe-
her the line be open for traffic or not—and for securing
he efficient management of the working of the line, and
ontinuarce of the interest in case of his death, were
unanimously adopted by the meeting.
The proceedings concluded with votes of thanks to
the Chairman, and to Sir M. Peto for the liberal manner
in which he bad treated the company.

lAW INTELLIGENCE—Sept. 25.

COURT OF BANKRUPTCY.
(Before Mr. C,)mmis•sioner H,,lrnyd.)
THE HF3tEL HEMPSTEAD AND WATFORD BANK,

This was the first meeting under the bankruptcy of
William Smith, banker, of Hemel Hatnpsteal, and of
Watford. The adjudication was made on the 26th
August, on the petition of Mr. Charles 'Wilkinson, coal
merchant, of Watford, who claims from the bankrupt a
debt of 611. 9s, 9 1., the balance due on his banking ac-
c,unt. The bankrupt is described on the proceedings as
" William Smith, of Hemel Hempstead and of Waanrd,
both in the county of Hertford, hanker, trading under
the style or firm of 'Smith and Whittingstall,' and for-
merly carrying on the same business in partnership with
Edmund Fearnley Whittingstall, since deceased." The
act of bankruptcy was the closing of the doors of the
ba7.k both at Hemel Hempstead and Watford. The
bankrupt is also a solicitor. He kyid been in partnership
with Mr. Whittingstall from 1839 up to the „death of
Mr. Whittingstall, in March last. The bankrupt admits
that he then knew that the bank was not solvent, and
says that he should have stopped earlier but for negotia-
tions which were going on with the executors of Mr.
Whittingstall, and with other banks, including the Bucks
and Oxon Bank.

The l'abilities of the bank are estimated at between
60,000/. and 70,0001. Mr. Smith's assets will probably
be about 10,0001. ; but the question is to be raised
whether the solvent estate of the deceased partner can-
not be made answerable for the liabilities of the firm up
to the death of Mr. Whittiogstall.

Proofs were taken to the amount of nearly 20,0001. ;
anti the following creditors were appointed trade assig-
nees :—Mr. Shadrach Godwin, farmer, of Hemel Hemp-
stead, and Mr. C. W. Moore, gentleman, of Watford.
The allowance to the bankrupt was fixed at 71. 10s.
per week.
Mr. Bagley said he appeared on behalf of the trustees
of the deceased partner; and as assignees had now bsen
chosen, he had to apply that separate accounts should
be kept o' the partnership debts and assete, and of those
of the bankrupt.
Mr. Linklater, on behalf of the assignees, said that
there could be no objection to that. A separate account
should be kept of everything having reference to the
firm of Smith and Whittingstall. A question would
arise as to the liability of the estate of the deceased
partner, or rather as to that of the executors. The
will of Mr. Whittingstall merely authorised
the executors to raise sufficient money for the
purpose of discharging the liabilities of the
bank ; but the creditors contended that the executors
of Mr. Whittingstall had so interfered in the con-
duct and management of the bank, that they had either
rendered themselves personally responsible, or had made
the estate of Whittingstall still liable. Of course that
was a question of considerable nicety. At the death of
Mr. Whittingstall, a very large sum was owing by the
bank ; it was then clearly in a state of insolvency, bull
the busine4F_ was continued just as though Mr. Whit-
tingstall had not died. Notes continued to be issued
bearing his signature, and the executors interfered with
the management of the bank.
His Honour observed that Smith had stated on a pri-
vate examination that the executors did not interfere in
the general management of the bank, but only for the
purpose of guaranteeing the payment of such loans as
were neceQsary to wind it up.
Mr. Linklater said they advanced money with refer-
ence to the affairs of the bank. He did not mean that
they interfered with Mr. Smith's management of the
bank, but they were there from day to day, and knew
precis'ely what was done. What effect that would have
upon the €xecutors would probably be a question to be
considered elsewhere. There were several creditors who
were creditors of the bank at the time of the death of

BANK RETURNS.

An Account, pursuant to the Act se-Vetith thiet eighth
Victoria, cap. 32, of the Ayerage Amount of Batik
Notes of the several Banks of Issue in England and
Wales, in Circulation during the Week ending Satur-
day, the 13th day of September, 1856 :

PRIVATE BANKS. Average
Amount.
Andover Bank, Andover—Heath and Co.
Ashford Bank, Ashford—Jemmitt and Pomfret 11,178
Aylsliam Bank, Aylsham—G. and T. Copema,n 3,578
Aylesbury Old Bank, Aylesbury—Z. D. Hunt 32,240
Baldock Bank and Baldock and Biggleswade
Bank, Baldock—Wells, Hogge, and Co 31,058
Barnstaple Bank, Barnstaple—Marshall and Co 9,129
Basingstoke and Odiham Bank, Basingstoke—
Seymour, Lamb, and Co.
Bedford Bank, Bedford—T. Barnard and Sons 55,388
Bewdley Bank, Bewdley Nichols, Baker,
and Co
Bicester and Oxfordshire Bank and Oxford _ _

Bank, Bicester—H. M. and G. Tubb 13,646
Birmingham Bank, Birmingham --Attwoods,
Spooner, and Co 22,082
Birmingham and Warwickshire Bank, Bir-
mingham—J. L. Moilliet and Sons 8,523
Blandford Bank, Blandford—Oak and Co. 7,378
Boston Bank, Boston—Garfit mid Co 71,493
Boston Bank, Boston—H. and T. Gee and Co 13,785
Bridgwater Bank, Bridgwater—J. and J. L

Sealey
Bristol Bank, Bristol—Miles, Miles, and Co
Broseley and Bridgnorth and Bridgnorth and
Broseley Bank, Broseley—Pritchards, Boy-
cott, and Co.
Buckingham Bank, Buckingham—Bartlett, Par-
rott, and Co.
Bury and Suffolk Bank, Sudbury Bank, and
Stow market Bank, Bury St. Edmunds—
Oakes, Bevan, and Co.
Banbury Bank, Banbury Gillet, Tawney,

7,923
33,320

16,832

22,825

73,892

and Co.
Banbury Old Bank, Banbury—Cobb and Son
Bath City Bank, Bath - -G. Moger and Son
Bedfordshire Leighton Buzzard Bank, Leighton
Buzzard—Bassett, Grant, and Co
Birmingham Bank, Birmingham—Taylor and
Lloyds
Bradford Old Bank, Bradford, Yorkshire H

32,975
25,758
225

33,439

27,806

A. and W. M. Harris and Co.
Brecon Old Bank, Brecon—Wilkins and Co
Brighton Union Bank, Brighton—Hall, West,
and Borrer
Burlington and Driffield Bank, Burlington—
Harding, Smith, and Co
Bury St. Edmunds Bank, Bury St. Edmunds—
J. Worlledge
Cambridge Bank, Cambridge—Mortlock & Co.
Cambridge and Cambridgeshire Bank, Cam-
bridge—Messrs. Fosters
Canterbury Bank, Canterbury—Hammond and
Co

11,308
57,948

15,214

12,616

2,779
10,406

49,730

28,543

Carmarthen Bank, Carmarthen—David Morris

20,154
2,625
16,816

14,561
43,271
7,226
17,803

72,533

9,624
8,874
34,588

25,248

8,145
10,497

Salop Bank, Shre%'gbury---- Burton, Lloyd,
and Co.
Searbor )tigh Old Bank, Scarborough--Wood-

Ail and Co
i-±r6vPA-zity Old Bank and Shrewsbury and
Lucile,* Bank, Shrewsbury— E,ocke, Ey-

26,124

toes, and Co, ~
Sitting-bourne and Milton Bank, Sittingbune.
—Valiance and Co.
Southampton Town and County Bank, South-
ampton—Maddison and Pearce
Southwell Bank, Southwell—Wylde and Co
Southampton and Hampshire Bank, Seuthamp-
ton—Atherley, Fell, and Co.
Stone Bank, Stone—W. Moore
Stafford Old Bank, Stafford--Stevenso n and
11,162
Co
Stamford and Rutland Bank, Stamford—Eaton,
Cayley and Co.
Shrewsbury and WEl.shpool Bank, Shrewsbury
—Beck, Downward, and Co.
Taunton Bank, Taunton—H. and R. Badcock 23,806
Tavistock Bank, Tavistock—Gill and Rundle 9,454
Thornbury Bank, Thornbury—Rolph and Co. 1, 485
Tiverton and Devonshire Bank, Tiverton
Dunsford and Co.
Thrapston and Kettering Bank, Northampton-
shiro—Thrapston, Yorke and Eland
Tring Bank and Chesham Bank, Tring—But-
cher and Son
Towcester Old Bank, Towoester—Percival and
Co 6,979
Town and County of Poole Bank and Ring-
wood and Poole Bank, Poole—G. W. Led-
gard and Sons 10,244
Union Bank, Cornwall, Helston—Vivian and
14,927
Co
Uxbridge Old Bank, Uxbridge—Hull, Smith,
and 14,367
Co
Wallingford , Wallingford—Hedges,
Wells, and C.
. 6,698
Warwick and Warwiokshira Bank, Warwick—
K. Greenway and C...
Wellington Somerset Bank, Wellington—Fox,
Brothers, and Co 5,880
West Riding Bank, Wakefield, and Pontefract
Bank, Wakefield— Leatham, Tew, and Co 45,542
Whitby Old Bank, Whitby—Simpson, Chap-
man, and Co 12,185
Winchester, Alresford, and Alton Bank, Win-
,
chester—Bulpett and Co 19,231
Winchester and Hampshire Bank, Winchester

32,490

2,625

11,713
11,579

2,433
340

—Wickham and Co - ------- 1
Weymouth Old Bank and Dorchester Bank,
Weymouth—Eliott and Pearce 16,517
Wirksworth and Ashbourne Derbyshire Bank,
Wirksworth—Arkwright and Co 33,657
Wisbech and Lincolnshire Bank, Wisbech—
Gurneys and Co 46,406
Wiveliscombe Bank, Wiveliscombe— P. and
W. Hancock 6,740
Wolverhampton Bank, Wolverhampton— Good-
ricke and Holyoake , 12,300
Worcester Bank, Worcester—Farley, Laven-
der, and Co 5,217
Worcester Old Bank and Tewkesbury Old
Bank, Worcester—Berwick, Lechmere, and
64,753
Co
Worcestershire Bank, Kidderminster—Farley,
Turner, and Co 7,706
Walsall Old Bank, Walsall—Charles Forster
and Sons
Wolverhampton Bank, Wolverhampton—R
and W. F. Fryer 11,759
Yarmouth and Suffolk Bank, and Halesworth
and Suffolk Bank, Yarmouth—Gurneys,
Birbeck, and Co 41,984
Yarmouth, Norfolk, and Suffolk Bank, Great
Yarmouth—Sir E. H. K. Lacon, Bart,, and
Co 12,514
York Bank, York—Swann, Clough, and Co 40,413