Star.
London, England, 1808-08-12 00:00:00

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nrchafe, .It appeared, that the pbject elthe,,lays,l
Mr.' arheitilAsin was td.,jirot die.J.Erst rate -,estates
for tliefamilies of I k thrit'SOlis. 'Pi /IA ativayebiiiin
die practice hitherto of slid trustees td idake thdli pdri
chases in the Co.unties of York Suifolk,lind Hatfortki
in each of which commies one of the idr..Tkellussoat 's'
weresettled, mid. itir every one of theserut3"
s&-r.
ale resided dleia was made the receiver of
14,16 of the tidily *retail& estates Ifihiiku. itiet
were now to depart &dm *liar tirattiee rasa piiiihasel
asiatas, in WarwirkshireitMorinun, and. whatever part
of England an estate was to,be sad cheap, there•rtVie,
' t3e other receivers appOinied,, and t e object of Mo.
Theglasson in bbtaintrietrst rate id' leadiiii estate;
for the hairs of his thtee sing, *on d be, in a great
measurer defeated. '
It was ansorered, on the part of the.,trustees, that it
Was for the . objects capi.zsed in. the •vil)., that the
estates sh'ciuld be purchavd a 1 the cheipest rate,-and
that Wit were known that Mh_Thellusson's trustees
could only purchase estate; .iit the counties of Yofk,
nertfrird, arid Suffolk; t'ie price of estates in those
counties would be Much LiEreised.. • •
."' The Lt no Ctiaisciattl sail, that btfbr* he deter-
mined this questiosis..he should refresh his memory
hy. reading over again the will of Mr. Thelhuson ;
but it, then appeared to him, that the Master might
Oerr fairlY ebnsider, whether the advantage of having ,
ine purchased estates contiguous to the family estates
in those counties might not be balanced by that of
dee ting the purchases= better terms in other counties.
• %nu& socirries.
THE AMICABLE SOCIETY OF ETASty‘DED V. 1112 ASSIO-

Nara OF HENSON.
This was a petition on, the part of the §iielety, thai
the assignees of Henson (who had betri their Trtm-
surer, but was afterwardi a bankrupt) shouldray the'
sum of 601. together with intlrest, out of the effects'
of the said bankrupt. •The petition was grounded on
the Act for the protection of Charitable Societies.
Mr. HEALD, on the part of the Society, contended, ,
that by the Act, the petitioners had a right to be
paid this sum of 601. of their money, which came in-
to the hands of their Treasurer, in preference to any
other creditors' demands. The whole doubt in this
case was, that Henson had given them a protnissofy
note for the money, and was to pay them interest for
it, et the rate of 41. 15s. per cent. By the words of
the Act, they had a right to require him to give his
bond, payable on demand,-for the money in his hands;
and he therefore contended, th tt the taking the ac-
knowledgment in the shape of a promissory note, pay-
able on demand, did not take it out a the statute ;
and as to the reason of the thins, the Mite bearing in-
wrest, would not be different in its nature from a
`bond bearing interest.
Mr. HALL, on the other side, contended, that this
case was not within the statute, and that the Society.
had therefore no right to elaint I freferieriee over
other creditors. If the Money had really conte into
his hands in the cotnmon course of his duty, et Tree-
surer of the Society, then the law would have given
the Society a preference over every Other creditor
but it appearedin thit case, that the Society chose to
lend their Milner to their Trea'Surer, tits the
landlord of the public houie at which they Met,.air‘
who 'was to pay then interest for it. The money *at
therefore not in his hands as an ollictr of the SoOitY;
but as a peahen to whodt they choie to *kit,
The LORD ettAwcatlea saiaythst it was ixerenttig
important that Benefit &Kitties ShiOd inert, that if
they chose to lend their money out to interests eiren to
one of their own officers, they would then have no
eurity preferable to that of other creditors, and that
the law only Meant to give them a preference in rt-,
speet to that Money that came rato the hands of their
officers in the regular execution of their dtity. In the
present case, he considered that ten pounds out of the
sixty pounds demanded, and which was called sale.
sisteuct money (that is, which was to be paid for the
weekly subsistence of certain Members ofthe Society)
had probably come into the hands of Henson, as
Treasurer, and therefore: ought by the Statute to be '
paid sast:of bib effects, in preference to any otherj
debt,; but as to the remaining 501. it was money lent
hint by the Slotiety on the afettrify of a proin,ssory
note, and it* thoney codling into his hands ni their
officer. rt *fest theefote stand}. on thb same footing
as his other siMple Centract dibts.