The Sun.
London, England, 1858-08-14 00:00:00

IN RE HUGHES.

The bankrupt, David Hughes, was a solicitor, of 13, Gres-
ham-street. He was adjudicated a bankrupt last Monday
npon the petition of Messrs. William and Ebenezer Hunt,
of 182, Shereditch, drapers and furnishers. The adjudica-
tion was disputed, and the appeal was heard yesterday, the
result of which was that the adjudication was confirmed.
Several witnesses were heard on both occasions upon the ad-
judication, with the view (it was understood) of despatching
a detective in pursuit of the bankrupt, who has absconded,
and upon the appeal for the purpose of inquiring into the
general course of trading which had been pursued by the
bankrupt—but in both instances the hearing was "in pri-
vate." We were therefore unable to give our readers more
certain information than that which we could g can from
hearsay evidence, and the accounts we did receive were so
various in their character, and, indeed, altogether of so
vague a nature, that we did not consider them worthy of a
place in our columns. Since then, however, rumour has
been rife, and we are able to throw into a tangible form the
various on dits that are floating about.
It appears that Hughes was a solicitor in extensive prac-
tice, and that his failure is attributed to some enormous
building speculations into which be had entered, some of the
new " City palaces"in Gresham-street and a great portion
of De Beauvoir-town being the result of his operations. On
the 20th July he took a passage lu the Red Jacket for
Melbourne, under the name of Dyer, for himself, his
wife, and eight children, having left the ninth in London
under friendly protection. Some say he has taken £l,OOO
only with him ; and the passage costing Lto each will
swallow up nearly £5OO of that sum ; while others assert
that he has realised all the property he could obtain ; this,
however, can hardly be correct, as a large quantity of plate,
he could easily have realised, which forms a portion of the
property which has fallen into the bands of the messenger,
and which, with the furniture and paintings, will, its esti-
mated, produce about £3,000. The pictures alone, iti is ex-
pected, will realise a considerable portion of this sum, the
collection consisting of both modern and ancient masters,
the former, however, being the more valuable. The bank;
rupt lived in considerable affluence at 2, Canonbury-
place, Islington. The furniture at Kingsgate Castle,
near Ramsgate, is at present in the possession of Mr.
Palmer, who disputes the right of the assignees to claim
it as belonging to the bankrupt's estate. At the place of
business (13, Gresham-street) " Messrs. Palmer and Co."
appeared to carry on the business of scriveners ; and here
again the on dits differ, some saying that Palmer was the
bankrupt's clerk, and the business of Painter and Co. was
practically the bankrupt's, others that they were a distinct
firm in intimate business' connection with the bankrupt.
All. accounts agree in stating the bankrupt's debts andlia-
bihtles as exceeding £200,000, while the assets are said to
be limited to the £3,000 already mentioned,inasmuch as
although the bankrupt possessed considerable house and
landed property, it is mortgaged over and over again to such
an extent as to render it impossible at present to determine
the number of encumbrancers although they are known to
be sufficient to preclude any idea of surplus after the pay-
ment of their demands. Of the £200,000 it is said that the
large sum of £146,000 is due to ce.stui que trusts.
The first sitting under the bankruptcy will be held on the
24th inst., for the choice of assignees.

IN RE REISNER—A 'FUGITIVE BANKRUPT OUTLAWED.
This was the day a; painted for the last examination of
Reistier, of No. 40, ltroad.street-huildiuus, corn-
merchant, trading as William Reimer and Co.
The bankrupt has not surrendered having absconded a
few days before the bankruptcy, leaving his residence in a
cab, and taking with him
packages supposed to have con-
tained valuable property. Previous to his flight he had sent
his buyer, Mr. henry Hickman, of No. 14, Ralston-terrace,
Dalston, to Manchester to buy goods, premising to send the
necessary remittances, but Hickman heard no more of him.
The exact amount of liabilities could not be ascertained.
Messrs. Asharst and Co. for the as4anee, Mr. James
Harrison, of Lawrence-lane,, silk manufacturer, asked far
the usual order of outlawry, which was granted.

IN RE STRATFORD.

no bankrupt, Juse;,h Stratford, of Ne. 20, Pelham-