Star.
London, England, 1825-01-17 00:00:00

antvAiwriii vf SiBIM"It

Saturday, a Meeting of the creditors of the bank-
rupts, Marsh, Graham, Stracey, and Fauntleroy, tiok
place at the Commissioners Court, Guildhall.
At a quarter past one o'clock, Mr. BOLLAND, the
priaciral assignee, was voted into the Chair.
Mr. GORDON said, that on examining the books of
Marsh, S•racev, and Cq. the Commissioners found an
account of a debt due to that firm, from Marsh and
S. al, the wavy agents, which the assignees contended did
amount to 73,5031. 18s. Bd. There was on the opposite
side to he deducted an unascer tained amount of certain
securities, supposed to be worth 10,3001. The question
for the creditors was, how they were to get at the ba-
lance of this debt? The advances of which this large
:rim was cumposed, had been made by the late banking
fit rn, in the year 1813, opon this clear understanding,
that Mr. Marsh, seni a-, was to be, in fact, the responsi-
ble person in the navy firm, and his son, Mr. Arthur
Cuthbert Marsh, to be only a nominal partner, the sala-
ried manager, except upon a certain contingency, which
had never occurred. The firm of Marsh and Son sus-
pended payment when the Bank failed, and the ere?.
ditor s of the former were informed, that, if the alleged
debt due to the Wank were kept out of the claims, the
navy agency house would be able to meet all their
debts in full; and have a surplus of 30,0001. which
would pass to the separate estate of Mr. Marsh, senior,
and necessarily be available for the creditors of the
banking concern. The meeting would decide whether
it were preferable to go to law, or abide by the
surplus in Marsh and Son's affairs? He ought to state,
that at a meeting of the creditors of the navy agency
concern, held in Scotland-yard on the 10th of Novem-
ber, Sir Benjamin Hallowell in the Chair, a resolution
was adopted, to give Mr. Arthur Cuthbert Marsh a
letter of license, to go on winding up the affairs of his
house for twelve months.
Mr. LORD moved, that the meeting do consent and
agree, that the assignees should prosecute, if they
thought proper, a suit in equity, to recover payment of
the debt due by Marsh and Son.
Mr. WILSON seconded this motion.
The-motion was then put, and unanimously carried,
and followed by a resolution, recommending the ap-
pointment of a proper receiver for the assets of Marsh
and Son, until the question between the two estates
should, be adjusted.
Mr. KNIGHT, the assignee, then submitted to the
meeting the propriety of their enabling the assignees to
enter into composition with certain creditors, whenever
that mode of settlement should be deemed convenient.
A resolution was then unanimously passed, giving the
assignees the discretionary power of assenting to the
proposed arrangements in all the above cases.
It was then unanimously resolved, that the clerks and
servants should be paid in full, including Mr. Watson's
balance of account, to the amount of 2211.
Mr. GORDON said, that on examining the private pa •

pers of the late Mr. Fauntleroy, they had found a policy
of insurance on the life of Mr. Gordon Urquhart, for
1,5001. There was no explanation of how it came
among these papers, except that there was an assign-
ment upon it, as security for 2,5001. The whole deb:,
however, appeared to have been paid off last July, by
Mrs. Christie, and no notice seemed at the time to have
been taken of this policy. The assignees, however, did
not feel themselves justified in giving up this policy ti)
Mr. Urquhart, without some consideration to repay the .
outlay of Mr. Fauntleroy in maintaining the pol-cv,
which was estimated to amount to 2851. 2s. Mess,
Robinson and Co. the solicitors for Mr. Urquhart, 11.14
agreed to give 1311. for the restoration of this peli: v,
and the only object in etting it seemed to be, to en.►bl!
some of Mr. Urquhart s friends to keep up the polio y
for the benefit of the family. The power to surrender
the policy on these conditions was then conferred, by A
unanimous resolution, upon the assignees.
Mr. Knight, the assignee, then said, that there were
several houses and ground-rents among the assets of
of the bankrupts estate. There were six houses in
Bryanstone-square, and two houses is York-street, be-
longing to Mr. Fauntleroy's separate estate. It was then
carried unanimously, that the sale should be by public
auction.—The meeting then adjourned.

It appears, by a letter from Naples, that the late
KING, having gone to bed in perfect health on the night
of the 3d inst. was found dead the next morning, from
a violent attack of apoplexy.