The Sun.
London, England, 1857-03-06 00:00:00

LAW INTELLIGENCE.—March 5.

COURT OF BAN/CRUP rcY.
(Before Mr. Commissioner Evans.)
IN RE BALDWIIIL7THE MORNING HERALD.

This was the first meeting under the bankruptcy of E.
Baldwin, described as a printer, of Shop-lane, and prc-
prietor of the Morning Herald newspaper.
The adjudication in bankruptcy was made about a
fortnight ago, by Mr. Commissioner Fonblanque. The
petitioning creditors are Messrs. Stevenson, Salt, and
Sons, bankers, of Lombard-street, who claim from the
bankrupt a sum of 4001., the balance of a banking ac-
count. The act of baukruptcy is a declaration of insol-
vency made by '.he bankrupt on the 18th ult.
The court was crowded to inconvenience with credi•
tors and persons taking an interest in the case.
The proceedings were entirely of a formal character,
being confined to the receiving of proofs. Debts to the
amount of about 12,000/. were proved, the two largest
creditors being Messrs. Crompton, paper•manufacturers,
who proved for 7,9881., and Messrs. Gardiner and Co.,
for 2,0701.

The following creditors were appointed trade assig-
nees :—Mr. J. Salt, banker, of Lombard-street, and Mr.
J. A rding, builder, of Dorset etreet, Fleet street.
Mr. Turquand, of Old Jewry-chambers, is engaged in
the preparation of the aceounts. From a preliminary
statement it appears tbat the unsecured debts amount to
35,900/. ; secured debts about 40,0001.

The assets, consisting of book debts, and the bank-
rupt's household furniture at Hyde-park-gardens, are of
uncertain value, but are expected to realise about 4,0001.
No application was made for an allowance to the
bankrupt.
We understand that at a meeting of creditors held
yesterday at Mr. Turquand's office, it was resolved that
it was expedient to carry on the business of the Morning
Herald for a limited period—say till the 24th of June—
under the management of Mr. Baldwin, and with the
consent of the court and assignees.
The matter was not brought before the court at this
sitting, but was reserved for further consideration by the
assignees.

INSOLVENT DEBTORS' COURT.
(Before Mr, Commissioner Phil ips )

IN BE CHARLES JAMES MATHEWS.---MR. CHARLES 3/A.THEWS

AND SIB CREDITORS.
Mr. Sargood applied, at the rising of the court, in the
case of Mr. Charles Mathews, the well-known comedian,
for a rule on him, to show cause why a part of his pre-
sent income should not be made available for the benefit
of his creditors. The learned counsel made the applica-
tion on the affidavit of Mr. Allcroft, who stated that he
was a creditor to 4,0001. and upwards ; that Mr.
Mathews was heard on his petition at Lancaster about
the Ist of August and discharged ; that since his dis-
charge Mr. Mathews bad entered into an arrangement
with Mr. E. T. Smith, the lease or manager of Drury
lane Theatre, or some person on his behalf, to perform
for.him at that theatre, or at any theatre in the United
Kingdom, fur an annual sum of 4,1601., payable by
weekly ioatalments of 801. .The affidavit further stated
tnat Mr. Mathews was a widower, and Mr. Alloroft be-
lieved Ihs.t he was of ability to do something► for his
creditors. Mr. Sargood cited a Similar case, and there-
fore asked for a rule nisi, remarking that Mr. Mathews
could show how, as a bachelor of arts, he spent his 801.
a week. This was their " Game of Speculation "in this
court. (Laughter.)
Mr. Commissioner Phillips, in granting the rule, re-
marked that it was no doubt a "New Way to Pay Old
Debts." (Laughter.)
Rule nisi granted.

' SPRING ASSIZES.