The Statesman.
London, England, 1809-09-25 00:00:00

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BAN Kit ii-PTCY.

MI 'MATTHEW ttlax&AX, WILEINION and itsenSll.
. At now o'clock the Contreissitmers commenced
their first sitting in this bankruptcy. They sat in
the body of the Court of..Xiag's Bench. Then
Nana numerous attendance.
Mr. MANTAGEI, Counsel fur the Bankruptsl
'retest, they •eie aware that a Curnmissiork.e6
Baukrupie, had issued against them, and that.
theruswere also wefts issued against their penises.
It has their wish to lend all the astistanee in their
power to the Commissionersand the Assignees.
And if jt was the wish of the Commissioners and
Crediteri that they should then appear, they
w wild run any risks, and attend, although it was
usual int bankrupts,, on a first meeting, to say
they were nut ready eith their schedule, and beg
further time of the,...Coninsissiwiers, which has
never been refuaed. in his baud a state.
men( of the Bankrupt's debts and eliceta, to the
haest dates it oats possible to bring-it up to, in
the short time sitteu the failure. They wished to
make this statement, as they understood some of
their creditors were selling their debts fur onu
shilling in the pound.
The Agent fur the Commission interrupted the
Learned Counsel, and suggested, that a stateieent
of that nature, instead of being of service to the
creditors, would be highly Injurious. There were
extents lined by the Crown, and if a disclosure,
was then made, the Crown would get the several
securities into its possimsion. What property had
beets delivered (ruin under the extent, they were
obliged to give an undertaking to account fur.—
He theivfore trusted Mr. Montague would see the'
impilavrty of the Measure, and not press it.
Mr. Mewsaeirt-observed, he could have no
Wish to periist, but for the information of the'
;reditors, as he was confident the funds vs ere muck:
relater than they expected. If there was an ob.
jection to a public statement, there could be none
to-three or four of the creditors then present in.
!peeling
The Aoi.sr said, there could be no objection
to that mode of proceeding ; there were sees/111
large creditors present, Sir Richard Phillips, sad
others.
Sir RICUANG PHILLIPS shook his head, and
said, it waves yet doubtful whether be was a ere.
ditor to a law amount.
The Cieditori expressed their wish th•i• the
statement might be read, or that Mr. Montague
should state it generally.
Mr. Murracue stated, he had itispeeted the
books, and believed there were funds to pay twelve
shillings in the pound.
Mr. CHANPANT, the Accountant, said, he was
employed by the Creditors to inspect the books of
thu concerti; and he was of opinion there would
not • be more than front one to five shillings in the
pound. He would be far from advising any of
the Creditors either to sell for cue shilling or
eighteen-peace in the pound.
Mr. Mu:llAG= said, lie had formed his judg.
avunt ott the following grounds :...The books
were brought up to Julio last, there app eered
then, on the face of them, to be fifteen shillings
its th; pound ; and be. conceived the funds could
out b.- lowered more that' three shillings siucu that
time. •
"A Creditor then cane forward, and asked, ohy
the short hilts were not given up? He stated, it
had been_ dime in all former Bankers' MIA. •
The AGENT observed, there were fuer extents
issued by the Crown in die Banking-house. It
was considered a particular favour that the bills
were given up to hint fur collection ; and ho was
obliged to give security for them.
Tau 6.1:1143 Creditor then asked, did the Crown
claim the kills that „ere only lodged for culler.
aril in which the Bankrupts could have had
no interest ?
The Aoxsr answered, that was a question be.
tweeti the Ct..a to, the Creditors, and the Com.
missionev, %thief' was not for him to decide on.
If the Commissioners desired him to deliver the
short bills, he would with pleasure comply. Asi.,
other circumstance made it impossible fur them to
be delivered, as there was nut sefficieut time to
• inspect them, so as to ascertain those in which the
Bankrupts bad an interest, and those iu Which
the had not.
The Creditor said, if that was the case, it
would be perfectly indecurous in him to say an-
other went.
There were several debts to a large amount
prus
These arc two questions, we understand, left
fur the decision of the Commissioners. Otte is
the ease of a holler of a bill, indorsed John %Vat.
son. The holder, in proving his debt, swears he
gave A. B. the full value fur the bill, and nut
Ju,hu %Watson the indorser. It is sappo.,ed this
will invalidate his chaise. The ether is a question,
whether the holders of checks, drawn before the
slay ties Baiikrup:s slept payment, can be proved
'antler the Commissints, on the ground, that the
checlis might hate beets paid, had site holders
used due diligence.
On 'Sunday a mats ai,d his se e were drinking
and eatiombreed and cheese at the Monster public.
house, in Monster-row, hillbank ; a quarrel en.
stied between there, when the woman took up a
knife and ci her Ibruat in a dreadful manner.—

- She wise wise taken SO St. George's Hospital, whore
she wow lies dangerously ill.
On Friolily .spstiug woman, who had been se.
duced by a ,isklier to leave her service in London,
and folluw,bian to 'Maidstone, where he deserted
her, in
,s k,of despair threw herself into the river
. _Medway, sear the barrack field, and was drowned.
• A f.;ortsder's Inquest was takes on the body....
Verdict, Lunacy.
A Gentleman, with silver-mounted spectacles,
iip
while looking on Friday afternoon at some esti,•
bills in the Shand, had them snatched ()-
temples by a fellow who escaped tbtode
lane.
4 The anneal produce of cotton at Bombay,
which was formerly estimated at 8000 bales, lately
increased to 85,000.

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