The Sun.
London, England, 1845-05-26 00:00:00

TALLOW

Since our last this market has a still firmer tone,
and good first sort Y. C. on the spot is not to be had under
38s to 39s 3d, and new Y. C. for the last three months has
been done in large parcels at 40s, and there are no sellers for
separate months uncle,. 40s 6d to 41s. Town Tallow is still
scarcer, and at very full prices, viz., from 39s to 39s 6d net
cash.

HOUSE OF LORDS-(THIS DAY.)
The Lord Chancellor, Lord Brougham, and Lord Campbell, were
in attendance to-day at eleven o'clock, to hear appeals. The
Judges were also required to attend ; but in consequence of their
not doing so, the business appointed for the day could not be pro-
ceeded with, aad their Lordships adjourned to five o'clock.

CHANCERY.-(THIS DAY.)
The Lord Chancellor did not sit to-days having to attend the
House of Lords.

ROLLS• COURT.-(THIS DAY.)
The MANTaa of the ROLLS, after disposing of the case of Matson
r. Swift, proceeded to hear causes, none of which were of any
interest.

VICE-CHANCERY.-(THIS DAY.)
(Before the VICE.CHANCELLOR of ENGLAND.)
DARER V. LORD PORTARLINGTON.

The arguments in this case, which have already occupied
the Court three days, were resumed this morning. the case
comes before the Court upon a motion for a receiver of the
rents, &c., of the Portarlington and Darner estates, and also for an
order that the London Joint Stock Bank should pay into Court the
sum of 15,2741. now remaining in their hands, to the credit of the
late trustees, John Wright, William Blount, and Pierce Mahony ;
that William Blount might be restrained from receiving the rents of
the trust estates, or interfering with the management thereat, and
that Messrs. Palmer and Nettleship might be restrained from re-
moving from the joint-stock bank any of the documents or papers
relating to the trust estates. The circumstances out of which the
present suit arises were these :—ln the year 1832 the family
estates of Lord Portarlington in several counties in Ireland, esti-
mated at the value of 850,0001., and producing a rental of up-
wards of 27,0001. per annum, being subject to many heavy incum-
brances and irredeemable life annuities to members of his Lord-
ship's family, an arrangement was entered into to consolidate the
incumbrances in one mortgage, which was to form the primary
charge on the property, subject only to the irredeemable Annui-
ties. The sum of 344,0001., which was required for this purpose,
was contributed by several persons, and the estates conveyed in
mortgage to William Blount, a trustee of the will of the late Earl
of Shrewsbury, John Wright, late the banker, and Pierce Mahony,
a solicitor in Dublin, through whose agency the money was ob.
tained upon trust for the contributors, and subject to the usual
proviso for redemption. In default, the trustees were authorised
to enter upon and manage the estates, appoint receivers, and do
every usual act of ownership, and in case the mortgage money
remained unpaid in December, 1840, they were empowered
to sell the estates. The power to appoint new trustees was
vested in a majority of the contributors. The execution of the
trust proceeded smoothly till the end of the year 1841, when dif-
ferences arose among the trustees relative to the retention by
Mr. Mahony, against the wishes of his co.trustees, of some of
the trust moneys, upon which he claimed a lien for costs,
and a suit was instituted by Messrs. Palmer and Nettleship,
the English solicitors of the trust, at the instance of a large
number of contributors, to remove Mr. Mahony from the trust,
and to have an account taken 1,,,)f the moneys received by him.
While this suit was proeeeding Mr. Wright, who had previously
become bankrupt and was desirous to retire from the trust, signed
and placed in the hands of Mr. Palmer a memorandum expressing
his desire to be discharged from the office in favour of Mr. Thomas
Joseph Eyre. In March, 1843, a cross suit was filed by Mr. Ma-
hony against the other trustees, and these two suits in the Irish
Courts produced a negotiation which resulted in Mr. Mahony's
consenting to retire from the trust, and all proceedings being
discontinued. A deed was then prepared with the approba-
tion of a majority in value of the contributors, appointing the plain.
tiff', Colonel Dawson Darner, and Mr. T. J. Eyre, trustees, in the
room of Messrs. Wright and Mahony, and the endeavours to obtain
the execution of this deed by the retiring trustees and the other
necessary parties appeared to have augmented the disputes among
the trustees and the parties espousing the one side or the other,
until they had grown into the severest hostilities, and led to nego-
tiations and correspondence of which it is impossible to give any de-
scription. Mr. Wright appeared to have signed a counter. part of the
deed which was confided to Mr. Palmer, and from which at a sub-
sequent period the name of Mr. Wright was torn by Mr. Palmer.
Mr. Mahony refused to execute the deed till January last, when
he signed and delivered it as an escrow to be kept by Mr. Rhodes,
his solicitor, until certain conditions should have been performed,
the principal of which, as far as they were disclosed, appeared to
be that Palmer and Nettleship should be discharged from act.
ing as solicitors to the trust, and that a cheque for 1,1811.,
claimed by Mr. Mahony to be due to him for costs, should be
Wed by the Waters. The etfeizt of the trust bed consequently