The Sun.
London, England, 1845-11-29 00:00:00

THOMPSON AND CO. V. BLLECAMP.

The plaintiffs in this action are iron merchants, and the
defendant a share-broker at Liverpool. The claim was for
391. ss. 6d. for balance of debt and interest thereon. .

—.---
It appeared by the evidence that the account had existed
since 1841, at which time the defendan; was a merchant
and foreign agent, and the balance then ascertained to be
due to plaintiffs was 941. ss. 6d., on which they now claimed
interest, up to November last, when defendant paid 55L, and
from that time to the present on the balance. Ths defendant
had admitted the debt, but begged that legal proceedings
might not be continued, as the share market was in such a
depressed state, that unless there was a reaction, certain
persons would be unable to weather the storm, and must
stop payment, as he could not answer for taking up a bill.
The SECONDARY said, that unless there was an assent on
the part of the defendant, or notice given, interest could not
be claimed.
Mr. Paterson, the plaintiffs' attorney, said that the plain-
tiffs allowed defendant discount for cash.
The SECONDARY said that might be, yet interest might
not be due over and above credit prices.
Mr. Paterson proved that defendant had agreed one day
this week that the balance claimed was correct.
Verdict for plaintiff.

BANKRUPTCY COURT, Nov. 27.
(Before Mr. Commissioner GouLnunx.)
REAY AND RENY'S BANKRUPTCY:THE WINE TRADE
o nave i udgment "hie

His HONOUR gave judgment in this case this morning, any.
tht Court was crowded with creditors and numbers of the
wine trade on the occasion. He said ho had looked into the

whole of the proceedings, and the bankrupt must be satis-
fied that in the prosecution of this inquiry every possible
advantage had been afforded him. He had stated his own
case as he thought, and he had given his statements
under the sanction of an oath, and bad been assisted by
his counsel with zeal and ability. The charges preferred
against the bankrupt by the assignees were, the absence
of the proper balances of the books, the purchases of goods,
and pledging them, the "overdrawing" on customers, and
generally reckless conduct in trade. His Honour then, at
some length, referred to the condition of the bankrupt's
estate, tracing it through its various stages, from the period
of +his solvency down to the date of the fiat. In the course
of the narrative he recapitulated the leading facts which
were brought out in discussion yesterday, and which have
already been reported. His Honour was understood dis-
tinctly to say that the bankrupt appeared to have been
solvent in 1841. It was a distressing thing to see the bank-
rupt, a man who had occupied so high a position in the
mercantile world, before the Court under the present condi-
tion of circumstances. After having for a series of years con-
ducted his business with credit to himself, it seemed that
all of a sudden he had altered his course, and, by the reek-
ess line he had pursued, involved his crditors. It was said,
on his behalf, that the punishment of this position was very
great, and he (the Commissioner) could well believe that it
was a bitter and deeply humiliating position for the bankrupt
to be in; and as he (the Commissioner) thought the bank-.
rupt felt it deeply, he should take that punishment into con-
sideration in the judgment he was about to give. Generally,
it was said, there were mitigating circumstances in this case.
TO see how this stood it was necessary to follow the bank-
rupt into the details of some of his transactions. With re-
gard to Wright, his conduct ought not properly to be made
a matter of censure. The transaction with that person ap-
peared to be the result of many years' dealings, and Wright
having got into his confidence, left him largely in debt. Be-
sides, the affair was wound up, and what loss was made was
made when he was solvent, so that the creditors could not
interfere with that—for bad as the bargain was, if he
had then been called to account he could have paid
every farthing he owed. He (the Commissioner)
wished, he could say the same of the debts of
B4umentha and Jarvis. He must say that he
tlsought the conduct of the bankrupt with respect to Blu-
menthal amounted almost tc insanity. Blumenthal had been
a bankrupt, and so he told Reay. Reay admitted that in his
examination before the Court. It was much to the bank-
rupt's credit to say, that since his bankruptcy he had be-
haved in the most candid manner, and had afforded every
assistance for the realisation of the assets of his estate. It
was extraordinary how the bankrupt, without reason, could
allow Blumenthal so much confidence as to trust him nearly
to the extent of 50,0001. It was scarcely to be credited, and
vet there was no excuse offered. If the bankrupt were ab-
'Solved from the penalty of such conduct in the case of
Wright, because he was then above the complaints of
creditors, it was different with respect to Blumenthal.
At the date he trusted that man his affairs were in a
very different position, and the proper balance of his
books in 1843 could not have deceived him. :In 1842 it

might be a question whether he was entitled so to deal 1 The LORD MAYOR said, the case was one of such a serious
with Blumenthal ; but in 1843 no person could have been ' nature, that he was resolved to send it to the Central Criminal
ignorant of the condition of his affairs, such as the bank- Court for trial.
rupt's were, without wilfully closing his eyes. The bank- The prisoner was then committed.
rupt, as he himself ought to have known, was then in s . The LORD MAYOR requested that the press would honour-
hopeless condition, or, at least, fast going down the road t 4 ) ably acknowledge his receipt of the following sums for the
insolvency. He (the Commissioner), therefore, did conside r poor-box at the Mansion House :-1/. ls., by Subpcena ; 51.,
that the charge of reckless trading was made out agains t No. 11-0 30,269; 1/., Mr. Blacket.
the bankrupt, with little or no excuse for his conduct.. Tilt e GUILDHALL.
ease of the credit to Jarvis was more extraordinary. Jarvis , A young man named George Hanslip, of No. 10, Alfred-
according to Reay's own account, was known to him as being place, Old Kent-road, and Olivia Hanslip, his mother, the
a clerk in a respectable house. With respect to this poin t. of latter in the dress of a Quakeress, were brought up for steal-
the case a curious argument had been used for the bankn rot. ing various pieces of satin and cashmere, the property of
Reay, since his bankruptcy, being a large creditor agai fist Messrs. Cash and Ledgard, wholesale woollen warehousemen,
Jarvis, had been afforded an opportunity, under the proc ,mss of 39, Wood-street, Cheapside.
of bankruptcy, of inspecting Jarvis's books. What was - the Mr. Mullins, of the firm of Bush and Mullins, on behalf
result? Why, that he had supplied himself with infom ta- of the prosecutors, said that before he entered into a state-
tion of the dealings of Jarvis with other parties in the trade, ment of the case, he must observe that the female prisoner
and it was now said for him, that if he did trust Jarvis, it
did not belong to that 'respectable body called the Society of
was no more than other parties had done who were in tl 1 e
same line names of several firms were 'of business. The Friends, although she had assumed their mode of dress.
„. With regard to the charge it was this :—George Hanslip
mentioned, and the amounts named; but they were small
had been for some years in the employ of Messrs. Cash and
sums compared to the credit allowed by the bankrupt.
indigent
of the position of
Person to whom rd asenteri ng clerk
circumstances.
o,
n and
Thursdayfor a lon gl periodnet he whaa,d bee n i n
had made investigation Reay said that he observed
Jarvis at his banker's, but no name was given. If he did to enter the satin department and take a remnant of satin
inquire, he would have found that the
and place it in his desk. A watch was then set to discover
he gave 00 large a
credit never dealt further than to There be lived, and on searching the apartments occupied by
WI extent of 1001 or 1501. Beay trasteg him as Qum' N,