The Sun.
London, England, 1857-12-14 00:00:00

THE PENINSULAR MAIL.

SOUTHAMPTON, DEC. 14.
The Tagus has arrived with the Peninsular mail,
9 passengers, and 10,8001. in specie.
Dates—Gibraltar, Dec. 6 ; Cadiz, Dec. 7 ; Lis-
bon, Dec. 9 ; Vigo and Oporto, Dec. 10.
She reports the following—The James Booth and
(bean put into Gibraltar, disabled ; steamer
Myth towed into Lisbon, disabled ; brig Maria, of
Weymouth, wrecked in the h iver Tagus—all hands
and part of cargo saved.
Her Majesty's steamer Curlew was at Gibraltar.
The Bth being a close holiday at Lisbon, the
Brazil bills by the Tyne did not appear on 'Change ;
on the Ith, when London paper was more scarce
and the demand for three months at 54$- greater
than for some time past, short bills were very scarce
at 531 for 30 days' sight.
Gibraltar exchanges on the sth were quoted—
London, 49/ ; Paris, 5 31 ; Marseilles, 5 32 ;
Genoa, 535.
The Ocean had put into Gibraltar leaky, and
would have to discharge cargo—railway iron—to
repair.

LONDON AND EASTERN BANKING

COMPANY.

COURT OF BANKRUPTCY, EDINBURGH, Dec. 10.
(Before Mr. Sheriff Ballard.)
EXAMINATION OF JOHN EDWARD STEPHENS, LATE
BANKER.
The examination of the bankrupt was continued
to day. For the trustee (Mr. Binnie) appeared
Mr. George Young, advocate ; Mr. Webster,
S. S.C. For the bankrupt, Mr. Clark, advocate ;
Mr. Wilkie, S.S. C.
In answer to questions by Mr. Young, the
bankrupt deponed—l had no other bank account
except that kept in the name of the London and
Eastern Bank. This ac count was one debt which
I owed at the date of my marriage. At that date
I was indebted as follows :—Personal debts—(l)
the foregoing account to the builder, 3,2361. ; (2)
Mr. Rochat, the jeweller, 821. 9s. 6d. ; (3) Mr.
Benson, jeweller, 171. 2s. ; (4) account to Messrs.
Buckmaster, tailors, 101. 9s. ; (5) debt to Colonel
M'Leod in India, 1,565/. ; (6) debt to Captain
Stephens, 4501. ; (7) calls due to Eastern Stiam
Navigation Company, 1,350/. At the date of my
marriage I was not indebted to Lord Gough for
money he had lent me. Us had lent me money
(8,0001.) &fore I left India. I gave a bond for that
sum. - I do not remember when 1 paid him back.
Where did you pay him I—l paid him when he
and I came home in 1850. I had many trans-
actions with Lord Gough. In my account of re-
ceipts and expenditure, I see, under date the 29th
August, 1854, an entry, " Lord Gough, interest
on loan of 8,0001., 1191. 4s. 7d." I beg to state I
had money from Lord Gough to put into railway
and other stock, for which I paid him interest, and
that the amount of the principal so handed over to
me by Lord Gough will not be found either debited
or credited in my bank account. I had a deposit
account for 3,500/. in my own name, quite inde-
pendent of the account with Mr. and Mrs. Fox.
At this stage the bankrupt retired for about ten
minutes along with his legal advisers.
The bankrupt, on his return, continued—l with-
draw ti:e answer above given, that upon the 26th
of September, 1850, I had 3,500/. at my credit in
deposit account. At the same time that I trans-
ferred to my credit the 3,5001., I also transferred
to my coedit the interest which had ac,.;rued thereon
to that date, being 411. 14s. 2d.
What was your reason for transferring this money
from the credit of the parties to whom it belonged
to the credit of yourself, to whom it did not b, long ?
—I must decline to answer that question. On 6th
November following I retransferred the said sum of
3,500/. from my own credit to the eredit of the
parties from whose credit it had been taken.
Did you retrausfer the interest ?—I did not.
After a minute or two the bankrupt said—That
is a mist ike. I wish to withdraw that last ripply,
and to say that I decline to answer. In my cur-
rent account with the bank, under date 22d July,
1856, there is this entry on the credit side :
" Purchased 120 shares L. and E. Bank, R. Grif-
fiths, 6,0001." That entry refers to the purchase
of 120 shares from Mr. Griffiths, which were trans-
ferred from his name to mine. I purchased them
from him for the bank, and took the transfers in
my own name. I paid Mr. Griffiths by a cheque
on my bank account for 6,000/., dated 22d July,
1856 ; and the sum is entered to my debit of that
date in my current account.
Did you draw the dividends on these shares ?
Ye, I did, and placed them to the credit of my
aecouut with the bank, where they now appear.
The amourit'of the second dividend was re trans-
ferred from my account to the interest account of
the bank on the 18th February, 1857.
Cal you show any authority for the statement
that these shares were put chased by you for the
bank ?—No, I cannot.
Do tlri bank maintain you bad no authority for
t':at purchase on their bAntlf ?—Yes, they do; but
it was understood by all the directors that these
shares should be purchased from Mr. Griffiths in
order to get his Feat in the direction for Colonel
Yates. These shares were never transferrel to
Colonel Yates, nor was it intended they should be.
Colonel Yates becaiee a director in July, 1856, on
the date of the purcha:e. He had a sufficient
number of sharts to qualify him to be a director.
Mr. Gr;ffiths bad a claim to a seat falling vacant in
the direction, and would not give it up except on
one condition, that his shares were purchased, and
which it was considered expedient to do. When he
sold the shares Mr. Griffiths agreed to give the divi-
dend, which was then past dn., to the purchaser. He
allowed me to receive that dividend, and I did so.
I can show no authority for placing that 6,000/. to the
credit (f my account on 22d July, 1856. With
regard to the state of my liabilities to the bank as
re‘ards the trading concerns with which I was con-
cerned at the title of my marriage, I have to state
that I was jointly liable with Mr. Black for the
d_!yrdue to the bank by Lett's Wharf, and Minter
Co., with Colonel Waugh for the debt due by
the Brauksea Clay Company ; and with Mr. Lattey
fer the debt due by La toy and Co., including Bar-
wise and Co.
The Ceurt then adjourned till Monday, at 10
o'clock.

DRAMATIC CZLEBRATIOII 0
WEDDING.—The marriage
el Itoyai, Z
:zincess Royal is to
of 3..3 APPROACHIN•
be celebrated at the Chap
a honour ( f
25th of January, and we understand.tjhar"B'ls on
the
the occasion the Queen has commanded" i
• . thre© perform.
ances to take place at her Majesty s Theatre. They-"'""
to consist of a tragedy, a comedy, and an opera.
tragedy
tragedy is to be performed on the 18th. 44 Macbeth" lair
been selected, and the production of it confided to Mr.
PutliP,. It is expected that the cast will comprise a I
the dramatic strength which can be brought to bear on
tLe Occasion, and we hear rumours that Miss Helen
I•eaucit is likely to represent Lady Macbeth. The opera
Is to be Bale's "Rose of Castille," which is now bsing
hasrepresentednot
tat the Lyceum. We believe that the comedy
Net been finally chosen, but conclude that it Trill
be one of Shakepeare's or Sheridan's. As the metropolis
wi 1 be full of foreigners, and special representatives of
veavreircy,
wicourt a
nwailglerhse here,t:
we have no doubt that the
whom these performances are
entrusted will make every exertion to carry them out
With eclat.—literary Gazatc.