The Sun.
London, England, 1832-11-24 00:00:00

COURT OF BANKRUPTCY, Nov. 23.

IN THE MATTER OF PATRICK PHILLIPS—EXTRAORDP
NARY CASE OF BANKRUPTCY.
A meeting of the creditors or their representatives no'
der a commission of bankruptcy issued against Patrick
Phillips so long back as 1794, was held to-day for an,
purpose of auditing the accounts and declaring a dividend
upon the interest which has accumulated on the origins'
debts.
The bankrupt was an oyster-dealer in 1794, in Bun'
gerford-market, and had previously obtained, with a per'
son in his trade, a prize of 10,0001, in the lottery. The
bankrupt laid out a portion of his share of the prize in
the purchase of freehold houses, &c., in Swallow-street,
but subsequently became involved, and in 1794 fled to
America with his son, leaving his other gild, a girl, in
London. Phillips was made a bankrupt in 1796, end
was subsequently out'awed. The bankrupt settled his
frreho:ds in Bond-street, &c. on his wife, previously to
his marriage, to go at her death to his children. The
wife died before the bankrupt fl-d, the property being
then mortgaged for 3,0001. The debts of the bankrupt
were about 1,500/. and the assignees obtained the ap-
pointment of a receiver. In 1826, a messenger was sent
to America, to ascertain if the bankrupt was living or
dead. In 1827, the Court of Chancery was informed
that the bankrupt and hie son were both dead, the latter
not having attained his majority, and the daughter also
dying a minor. It was then discovered that the funds ac-
cumulated in the hands of the receiver, became the property
of the creditors, subject to the mortgages, which by order ot
the Court were paid off, leaving a clear balance, after
plying all expenses, of 6581. in the hands of the
Accountant-General, and 2.9761. 12a. in the 3 per Cent'
Consol . On application to Mr. Commissioner Willianaft
he appointed Mr. James Clarke, the official assignee, t°
facilitate the division of the property among the creditors'
On the 30th of July last, an order was made for the par,
!tient in full of all the debts of the bankrupt, some 0
which have been standing 40 years. The whole of the,
debts having been paid, a balance was left in hand 0'
1,2371., applicable to the payment of interest from tbed
time the debts were contracted, or securities given, 'l!ii
freehold property producing 4601. per annum, which '
be made liable to the payment of full interest on all deble
hearing such interest from the period of bankruptcy. ,a
Mr. Commissioner WILLIAMS asked how much cotil
be paid to the creditors under this estate?
The Official Assignee said, that the original debts 10:
ing been paid in full the assets would be sufficient to
pay
interest at the rate of 40 per cent. • as
The COMMISSIONER said he was happy to hear tb",,
it formed such a contrast to the usual bankruptcy casesti4°
came before him. The assignees deserved infinite Prlid
for having so managed the property, that at last it svg)u
realize 60 per cent. to the creditors.
A claim was put in by the surviving Assignee, •70
Nichols, for coach expenses, stationary, postages,
curred during the last 38 years in managing the estate'
The COURT allowed Mr. Nichols 1301., that gentled's'
observing, that the expenses of following the bankroll
getting information, &c., had broke his back," bent.;
having received any return till 1827. He thanked W."
Commissioner for the allowance.
Mr. Commissioner WILLIAMS was anxious to put age
upon his feelings. He felt himself in so unexampled II
state, the affairs of the bankrupt proving so productiv.ele
and having other claims like the last to dispose of,
wished to join equity with justice.
intAelrers.tAonldaerim)ilalnofßeaxcohavarrngaep,poenarbeedhatlof
osufptpheoretxaecculatoimr
0;:
creditor under the Commission.
Mr. Commissioner Wimaaats had no doubt but full in;
n mercuinaldewrotrhlde. Commis'
sion
thewe
re assignees.
so fits h 10.
terest must
been aid on all bills of exchange. This point bou
frequentlydraw nby tbe bankrupt,d eci ded n
and
de
provedcommercial
sion were entitled to interest.
A claim was made on behalf of Captain Sayer for 2001,
fo
lo
eewrmaAlrt
sr:
:adhkovii
irevsenddli
renlrtnaghetidsoamett
thpphooe
Mr. Commitsioner WILLIAMS could not consent to 81. t.
r
y
nt
fobos
nib:
016 l
fisfnoilgrn.
tosettir.heieshtt
oP 0:
a:ydlibajoee
money. He would allow 1001. fir the expenses.
l
was then declared.
paid in full, and will have to receive 377/. Ils. 2d. for 4-
to the amount of 123/. I
The heir-at-law of the bankrupt was in Court, who
be entitled to the residue of the property should it be egj
blished that the outlawry of the bankrupt is not good.•"—
good, the property is escheated to the Crown.
)%nnsn holder
notwithstandingho interest
endhaoee accumulation
:b ouee
formi ni,
bugni
ten
laeel one
they
yf

- ----- -
One day last week, whilst the Slinfold harier:
were out, they unkennelled a fox, and the stanch
pursued Reynard so hotly, that within an hour of
starting they secured his brush near Rudgwick. iroef
sport being of the first order, the clodhopping portiool4
countrymen who were in at the death, being elated
their success, repaired to a public-house hard by to regle
themselves. Having remained some time talking ove "e;
pleasures of the chase, the convenation ultimately tur:ed
upon their prowess in gormandizing, and, being P.t,e y
with liquor, some two or three of them declared A`-sis
would eat the fox. This was no sooner resolved o,fon
Reynard was skinned instanter, and placed on the grit' of
over a roaring wood fire. Stich was the impati‹,esh
these cormorants in human form to show their 10.-,001,
that the fox was scarcely warmed through when
theidoi;
it from the roasting- place, and begin to devour it gree a of
hut before they had finished their delicious repast lied
the principal farmers in the neighbourhood, having ; ate
of their intention, entered the house and put a stop tc
disgusting exhibition,—Brighton Gazette.