The Sun.
London, England, 1842-12-29 00:00:00

THE BANK OF MANCHESTER.

MANCHESTER, MONDAY.
IN RE RALEIGH, GOOD, AND.IIOLLAND, BANKRUPTS
This morning, at eVen o'clock, a special meeting
of the creditors in this estate, was held at the Com-
missioners' Rooms, St. James's-square. The Learned
Commissioner, Mr. JEMNIETT, presided.
It will be in the recollection of our readers that in
this bankruptcy the Bank of Manchester claimed to
prove for the enormous sum of 187,946/. 6s. 8(1. ; and
that, on the very last day of the existence of the late
Commissioners of Bankrupts, they. decided that the
Bank had forfeited all Claims upon the estate in con-
sequence of the bankrupts-having paid into the bank a
bill of eXchange after, the docket ,was struck, which
was accepted by the officer of the bank, and placed to
the credit of the bankrupts. The Court of Review
was appealed to by the bank, and a temporary relief
had been given by Sir George Rose postponing the
final examination of the bankrupts for six weeks,
which expires on Saturday next, and for which day
the meeting is at present fixed. On the 21st inst.,
the Court was again moved further to postpone the
bankrupts final examination, but the application was
refused; at the same time an arrangement was en-
tered into. vesting in the hank all the rights of the
assignees to examine the bankrupts, and to resist the
granting of the certificatc.
The bank having been invested with this power,
called a meeting of the creditors for this day. in
order to examine the bankrupts; the whole of whom
were present, and said they were ready to give every
information. J. F. Foster, Esq., the Chairman of our
Quarter Sessions, with whom was Mr. Earl, solicitor
to the bank, appeared on behalf of the bank ; Mr.
Monk appeared for the bankrupts.
Mr. FOSTER said, before he proceeded to the ex-
nninati,in of the bankrupts, he had an objection to
take to the balance-sheet as laid before the creditors,
which he urged was by vo means a fair statement
of their accounts. A partnership between Raleigh,
Holland and Good, commenced in 1836, which
continued until 1840, at which time it was
d'ssolved, and merged into that of Raleigh and
Holland. Now, at the date of the new partnership, it
is shown by the balance-sheet that there was a de-
fclency of 55,256/. 6s. 9d., and which sum was car-
ried to the credit side of the cash account, and which
is not exp ained in the balance-sheet. He apprehended
that the creditors had a perfect right to know how so
large a sum was on the books at that period, and how
it w s accounted for.
Mr. MONK objected to this line of inquiry on the
part of the bank, and contended that as the hank had
claims upon the bankrupt Good, they had no right
to inquire into his affairs. The hooks of that con-
cern were made up to the time of the dissolu-
tion, and were made open to the inspection of
the bank, and if they neglected to satisfy them-
selves upon certain points of detail they ought not to
come into court at so late a period of the proceedings
and complain on that account; besides, it was quite
unprecedented. They might just as well ask to go
back to the previous concern of Joseph Raleigh,
which (x'sted before the joint partnership of Raleigh,
Holland, and Good.
The discussion upon this point lasted nearly three
hours, and
The Learned COMMISSIONER ultimately decided
that the creditors were entitled to a balance-sheet,
made up from the commencement of fl• joint partner-
ship of Raleigh, Holland, and Good, in 1836, in order
•
to show how the deficiency of 55,256/. 6s. 9d., which
appeared on the books at the date of the partnership
of Raleigh and Holland, was explained.
Mr. FOSTER said he was then prepared to go into
the examination of the bankrupts, and that he had
upwards of 200 objections to the balance-sheet as laid
before the creditors, between the date of the partner-
ship in 1840 and their failure in 1842. As these ob-
jections- would occupy the Court upwards of four
hours more, it was deemed advisable to adjourn the
meeting, which was accordingly agreed to.

STATE OF TRADE.

(FROM A CORRESPONDENT.)
MANCHESTER, TUESDAY EVENING.—We have had
to-day, contrary to the expectations of many, a very
excellent demand for cloth, accompanied too with a
general, though not a large, advance on most quali-
ties and descriptions of goods. This increase in the
demand, and,that before many have made an end of
stock-taking, is a,most favourable symptom ; indeed,
it may be taken as an almost infallible sign that more
prosperous times are at hand.
Twist is in fair demand, and the prices are not
higher; this arises from the fact that few of our ex-
port merchan :have commenced their spring pur-
chases. The market is buoyant.

POACHING AND Loss OF LIFE.--Intelligence way.
on Friday received in this town of an inroad .4
poachers upon the lands of Kirkley Hall, in this county,
the seat of the Rev. J. Saville Ogle, Dean of Winches-
ter. It appears that the gamekeeper of that gentleman
was watching on ,Thursday evening, when the poachers,
who were discovered on the grounds, fired offtheir guns
and fled, leaving one of their party,who was subsequently
found dead, having received the contents of a gun in
his thigh, evidently from his own party in mistake, as
Mr. Ogle'e keepers were without fire arms. Medical
aid was immediately procured, but life was soon ex-
tinct, the deceased having received nearly the whole
charge of shot, which had divided the artery, From
which he had bled to death. The body, has not been
identifielvonne Mercury.