The Statesman.
London, England, 1820-10-11 00:00:00

Lair INTELLI(thSCE.

COURT OF KING'S Of mow ALL. Ott. 10.
Before Mr. it %Tice BATLEY. And R NtrirlAL Ji RV.

l Gausses: C. Lsroom AND ornens.--Tisis was an
action npon the ease. The plaintiff. a seafaring matt,
living at Folkston... in the year ISIT. ensployeal the
defendants, who are b sukers at Dover, to purchase
I for him a certain 111101111, of stork in the French funds.
' The defendant", to transact the business, employed
Messrs. ravers, bankers, of Paris ; Messrs. Fusers
employed, as their broker, a gentleman of the name
Pelon sod Pella failed, anal absconded with the
money intrusted to hint. The 1:11/01e in which money
is invested in the Preach funak ammareal, from the
evidence, to he this :—The party nisking to buy. ap-
plies to a broker, who is a public officer, and to wl i
he pays, is the first instanee, 5 per cent. upon the
sum proposed to be bought is. The stock being agreed
for, a bulletin is given to the broker, specifying the
lame of the purchaser, the anustent of stock purchased,
and the date of the bargain I anti, within a few days
(from roar days to a fortnight), a certilleate of inscrip-
tion is issued, *lsla constitutes the security of the
purchaser for the son he has invested. The plaintiff
I Its the present case, Mr. Godilen, desired to invest
1,1141/. Hagfish sterling, his money lying in the Eng-
lish 4 per cents. To sal out those I per reale. Messrs.
Latham sad Co. commissioned Messrs. Hoare and Co.
hankers, their correspondents in London ; anti Messrs.
More were to accept, to the asnonnt of the stock so
sold. bills draw. upon them by Messrs. Fever, of
Paris. (to the 6th of May, 1.17, 31eurs. gallons
were informed by Messrs. Fevers that the stock was
agreed fors and, in a subsequent letter, they receivaa
time bulletin, which fixed the sth May as the date 11
the bargain. On the 1211 s of May hills far !MOM
were drawn upon Messrs. Hoare.; and, although no
eeraifirate of inscription was in the 11:P411 time received
by Messrs. Lag:soul anal Co. upon the Isitla May those
bills were duly accepted. Pelon having abseontleal
with the money obtained from Messrs. Pavers, the
question was, whether Messrs. Lathan, anal Co: as the
agents of Mr. Goddeu, were or were nut bound to make
good his loss.
Mr. Justice BAYLEY was of opinion. that where a
man employed an agent, even without contracting, that
such agent should, at all events, he responsible, he
had a right to expect at the hands of that agent all
reasonable care and precaution ; and that, where for
want of snch reasonable care anal precaution a princi-
pal was subjected to loss, the agent was the party re-
sponsible. In the present case, as it appeared tat the
Learned Judge. Messrs. Latinos' and Co. bed not used
that caution which they ought to have employed.
Those gentlemen, be thought, were not justified in
parting with the money of the plaintiff until they had
the .custassuary, securities in their possession; and
having before them the bulletin dated the sth May,
they might fairly hare felt surprised when, Isenveen
that period and the 15th May, no certificate of inscrip-
tion arrived. Under such circumstances, had they
acted with proper caution, they would have written to
Messrs. Hoare, requesting them to delay their accep-
tance of the hills ; and to Messrs. Paters, announcing
that, until the certificate of inscription should arrive,
those bills could not consistently be honoured.
The Jury, without retiring, found a verdict for the
plaintiff, damages to be settled out of Court.

A Court of Aldermen was held yesterday for the
dispatch of public business, at which I persons
were sworn, and others albmcd to be admltOd bro-
kers. The orders against throwing tire-works in
the public streets, were directed to be printed and
distrihnted as usual. The usual votes were granted
to officers for their services and attention during the
mayoralty. The Conn were occnpied at considerable
len:01i in reports from committees, and also respecting
ruinous houses.

On Sunday, about midnight, a 6re broke out at a
Farm called Vinitrow. about one mile south east of
Chichester, the property of John Peachey, Esq. which
raged with great violence until the afternoon of Mon•
day. when it was happily got antler by the united
force of three engines, well supplied with water by
the populace, assisted by a detachutent of the Sasses
Militia, now in training at the tiro),le barracks. It
is apparent that it was occasioned by the self-igaltion
*of a rick of clover hay. We regret to state, the out-
bonding', agricultural implements, a large quantity
of hay, and 1200 levees if wool, were totally con-
sumed, and that the loss is computed to exceed 4.880/.
The wind was steady from the not*, to with may
blijnopterd the safety of the ferunibottio; amid bury,
an% snme valuable corn-sticks, *Mak, tboaik ismer
diately contiguous to the flames. escaped.

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