The Sun.
London, England, 1802-07-05 00:00:00

PORT4.INb-PL,ICg

ON Saturday last took place at Guildhall, the se_
cond meeting under a Commission of Bankruptcy
against W. F. Lathrw, co-pattner with r's L. Pres-
cott and -.79htt Kin, of Portiand-placzi *Bankers,
for the proof of debt:,, and the chOice of A,s;inees.
Mr. King's debt of 70001. was rejeded, and his
claim of 6001, in
.addition to the 'claim he had
hrought forward at the 'former meeting, was also
rejected ; •and out of a sum,, amounting altogether
to'upwards of pool. no more than 1881. was al-
lowed.

great number of the holders of King's Notes,
of ' e.Firm-in which Lathrop vas a partner, were
cent erect for , the purpose of proving debts, and
voting for Assigneess ; 'and among' these was one
by a Mr. Birch, who claimed a debt, of r sool. for
pantaloons and hosiery, furnished to , yaw King,
Esq. for the use of the Banking Firm.
Mr. AcArt, who appeared as Counsel ' for the
Bankrupt and his sepautte Creditors, asked how it
was possible that the Partners in this House could,
in so short a time have worn out isool. worth of
pantaloons ?
. King replied, that they were Merchants as well,
as Bankers. This debt was a good deal controverted
and the right-of the claimant to-vote in the choice of
Assignees was strongly opposed. The Commissioners,
after a good dear of deliberation, and after hearing
the arguments on both sides, at length determined
against the admissionnf the debt, but conditiOn'ally,
in case the separate estate of Sir Robert Murray
should ultimately pay 203. in the pound, then. that,
he (Birch) might come 'in as a claimant, on the sur.
plus of •r he Bankrupt's separate estate. They con_
-sidered that the separate creditors had a prior ela'icri:
and consequently that Birch had no vote in the'
choice of Assignees.
King-argued strongly in support of this debt,
that it should be allowed ;, and .Mr.. Birch should
be appointed the sole Assignee. Thisi. \vas opposed •
'..()n the part of .the Bankrupt, and -was -decided-
'
against King.
A great -number of holders of 'the Portland place
Bank Securities, tendered ae same in proof of their
debts. But finding they were postponed, and that
they couid have -no vote in the appointment of As_
signees, they declined' pressing them. . It was then
proposed on the part of the Banktnpt, 'that one or
more 'of the bona fiai credirois should be.appoinred
Assignees ; and after cI good• deal of discussion, three
respectable Gentlemen' were appointed, ' namely, ,
Mr. Morrison, and Mr. Tricket, Tradesmen, and
Mr. Wright, an Attorney.
Inquiry was then made, whether Gill, the sot_
distmg Linen-merchantr of OXention-street, and who •
had been the Petitioning Creditor,was present, with
sufficient evidence to prove his debt against tilt! hank. -
rupt ; but this person did not appear e and the Corn- -
rnissioners suspended the 'claim ; Observing that the
point necessary- for him to prove, was the date, or
his Securities, in order that it might be ascertained
whether the debt was that of Lfig separately, or of
the Firm.

- The Bankrupt afterwards wished.tltat King might
be required to produce the books of the-Firm, which
were in his custody. King was called, but was not
to be found. l‘dr,; AGAR. said, if these books were
not produced,'he should contend that • the whole of
King's debt be disallowed. This was resisted by The
:Counsel on the other side.. At length word was,
brought, that King had been just arrested by Sheriffs''
Officers; who would not .suffer him to come hack.—
In the meantime, the son of MY. King came with.
one accompt bOok, which, as soon as Lathropp.saw,
he seized with some degree of.violence, put' it under
his arm, and said. he would keep it as his property.
The Commissioners expressed great disapprobation
at this proceeding; and told him he had no right to
take possession of the book. 'Lathrop!) replied, that
he had never been allowed access to this or the other.'
,books.; and at the same time declared, that several.
persons had lately come to him with their pockets
loaded with notes issued from the Bank in question,
which. they offered for one shilling in the pound.—
The Commissioners told him that he mustapply to
the .Lord Chancellor for redress.

Kimst at last returned in the custody of the Offi-
cer 3; and it was agreed that the .book,shou!d re-
main in the, hands of the Assignees. Eigg being
asked where the other books were, said they had
been taken in, execution and sold. He was
then asked by Mr. AGr►tt how much of the

partnership notes he had: issued, which might
afreft the Bankrupt; he answered, under the sum
of 10,0001: Being more particularly pressed for
a precise answer, he said about soool He was
then asked what the profits of the concern might have
been during the time the Firm lasjed _He said he

could- not ascertain the profits, as no return had as
yet been made, of the goods that-were Sent abroad.
He was asked if any: of the goods deposited it the
Banking_ house had bc•er, applicd to • the use of
Lathropp ? he answered, he did not :know. tof any,
•
except a civil which Sir Robert laid ,taken.,..
The business of the Meeting was then concluded
Mr. AGAR, in the cnurse of Ths observdtions, took

occasion to state, that King had issued notes from
this Banking-house to the amount noMinally, of
about 133,0001.

CORN • EXCHANGE,

July s.
- •
We Have but few fresh arrivals of English
Wheat to-day in the early part of the Market,
fine Essex.. sold dear, but having
,several of last
s eek's samples, and not many buyers, it experienced'
a redudion ; there is little variation in Barley and
Malt ;' Beans are as. dearer ; Oats are plentiful,
fine quality goes off rather dearer, and interior sorts.
continue low Flour has a brisk sale, and nearly as
before.

Wheat 54s a. 62s a 72s cd 13cans - 326 a 35S 6d,
Fine do. -73 s a 74s cd 'tick ditto -29 i 33is od
malt -46 s a 4ss a Sts 0,1 oats - to a 18; a 22$ ea
fine ditto 52s a 53s 6d Poland. do. 23i a 24s od
itartcy - Os a 32s od Rape Seed ;2i a 351 pc: last
Rye - - 3os a 34s 'oil title Flour so, a 55.-,per sack
White Pease 33$ A. 388 Second do. 45s a scs-pet do.

The nverage Price•of Sugar, computed from the
•eturns for- die week endiog,the.3oih by of. June,
rBoz, is j'hirti,..eight 86.illillgt and Eight Pince
?ea Hundred Weigini.