The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1842-12-28
Wonderful Disclosures In Bankruptcy I'm
London-Lord Hunt ingtower's Exsmtna-
tion.
From the London Glooe.l
COURT OF BANKRUPTCY
ToNpnS Nov

COUhI OF BANkhuPTCf.
LONDON, Nov. g.
BANKRUPTCY OF LORD HuNTINeTowER
This day being fixed for the final adjourned exa-
mlnation OF the bankrupt, the usual crowd of credi
tors and spectators was In attendance and, as be-
tore, his ordshp came up in custody from the
Bench. The last hearing was had before Comms-
soner Fame, who adjourned the case over till to-
day, that the creditors might have time to investi-
gate the balance sheet, which, though extending
very short period as to time, contained state
ment Of debts and liabilities to upicards Of f2O0 600
and merely predetermined assets.
Some additional proofs OF debt having been ad.
united without OPPOSITION
Lord HUSTINGTowER sworn and examined.
never kept any regular accounts, bat think Nj
cholPs bill was E275. | accepted minority bill
for Colonel Copeland which afterwards renewed,
but never got any thing for il. lent my name TO
him for several bills, he always promising TO take
them up, and received no other value for them than
now and then horse. did not know il was dis
counted, until told by Nichols, who asked me TO
renew it, adding, that if did so, he would let me
have some more money, but never got any more
from him.
Commissioner FoNBLANouE-- nothing pass be-
tween you. Mr.. Holt, and Mr.. Nichols, when an
overdue bill was discounted!
HoLT-Nothing more, sir, than thls-that as Lord
Huntingtower was at the time in London, the bill
would be paid. A judgment has been obtained up
on this bill
Commissioner FoNBLANoUE-That will not save
you IT there was no bona tide consideration
Mr.. JAMES said he wished to be furnished with a
Mr.. LEVIN, OF Arundel street, Strand, claimed TO
prove upon bill for E200. and stated, in to
questions put by Mr. James, that on the OF Octo-
Der, lS4l, he gave the money 10 person of the
name OF Cauty tor this bill, and he now further
owed him sum OF ES00.
Lord HUNTINGrowEE examined by Mr. CHAMBERS
Il advanced Cauty the cash for this bill at my own
house, and | might have had other transactions
with him. but not at that time. ! had an ESQ re-
newed bill from Thomas Henry Horauo Cauty, in
satisfaction for judgmen; which / had obtained
against him. This bill (for f20O is dated the 18th
of October, and was discounted, and the money
paid by my check but it is not here.
COUNSEL Did you give him the full sum of f200
in cash
Lord HusrISerowER-I gave him a check, f5
in money and Cauty gave Howard an order upon
me for some wine, which forms part OF the 42OO
think Towards order was for about ElO and the
difference was made up In wine-port, sherry, and
champagne.
Commissioner FoNBLANqUE- This proof must be
deferred 1t is at present very complicated, and re-
qulres further investigation.
Mr.. LEVIN don't think, sir, it is worth my
while to prove TOR II, as / shall get nothing but
shall lodge deaner upon my judgment.
Mr.. JAMES proceeded to make some observations
upon the enormous amount of debts and liabilities
contained in the bankrupt's balance sheet, amount
ing TO nearly f20O,000, while it contained no ac-
count whatsoever oil the disposal of any part OF the
property which he had been possessed OF, either be-
fore or during the course of his trading. If the no.
BILE lord had thought proper to become trader, and
which were intended TO protect traders, why, then
he must be subjected to the same scrutiny, and his
expenditure be liable 10 as strict an investigation
any other person becoming bankrupt. He would
now proceed to the further examination of his lord
ship to several items in his balance sheet, his OBJ
iect being to ascertain the difference between the
bona tde and maLa tide debts. The learned counsel
then proceeded:-l see your lordshp puts down
$4,000 as the amount of your election expenses at
Andover now | wish to know how you make out
that sum Z
Lord HuN11NerowEK-I cannot tell you exactly
for kept no books, as did not think was liable to
be made bankrupt, and all that had to assist me
IN making out nv balance sheet was my recollec-
ton and few memoranda.
Mr.. JAMEs-You were candidate, believe, my
lord tor the representation OF Andover?
Lord HUNTINGTowER-Yes, recollect well being
a candidate for Andover. Before my going down
there was told that could obtain large sum of
money TO pay of my minority debts; but found
upon inquiry that was not TO have or TO expect as
mach money from my family as l was before led TO
expect An objection, however, was taken to me
at the election, as was not of age, and Lord Will
liam Paget was elected.
Mr.. JAMss-And yet your lordship states you ex-
pended G3,OO0 upon that election.
Lord HuNTINeTowER-Yes, did 1t was expen
ded in various ways II was discussed by Mr. Henry
Footner, of Andover, and by Mr. Busini, of Stock
bridge. but kept no correct account of it, though
paid myself the majority of the bills, such tavern
bills and the like.
Mr.. JAMEs-Alow me to ask where your lordship
then had 10000 expend
Lord HUNTNeTowER-I had it not all at that time,
but part was paid before and part after my MAORI
ty. had f500 from Mr.. Douglas, bill agent, or
broker, living IN Buckingham street, Strand had
Messrs Heath's bank, at Andover. find that paid
in on the 10Th July further sum of EI, 300 think
also that had some money at this time from Mr.
Moss Davis somewhere about G5OO, or it might be
E1O0O, and also from other parties, but have ac
count OF either how, when, or where either re-
ceived or paid it, am sure, however, that ex-
pended nearly f3,5O0.
Mr.. JAMEs-Then did your lordship pay for Lord
William Paget
Lord HUNrINGTowER-He was elected upon the
principle, that if he required by me or by the
constituency to resign the seat he should do 90 at
once in favor of me and not having done so, |
think that, a man OF honor, he is bound TO repay
me- He has derived all the benefit, and as gen
tleman he is bound to pay me. Samuel Banord
Hamer was at the election. aud on the Sunday pre-
ceding the election, Lord William Paget, Mr.. Bust
which was given TO Hamer to get discounted, in
order TO meet some pressing expenses; but though
I1amer took away the bill, we obtained far
thing of money for it "a laugh, nor did see Hamer |
himself though possibly he might have been at the |
election The polling was just two days before / |
came of age.
Mr.. JAMES, wish TO ask your lordship, had You |
amongst the whole of you, on the Sunday before ]
the polling, such sum as ECO amongst you
Lord HuNTINeTowER-I cannot say, but had ]
not
Mr.. JAMEs-Had Lord William Paget1
Lord HuNrINaTowER-That 10 question can |
not answer.
Mr. JAMKs-And you have no detailed account of |
your expenses
Lord HUNTlNGTowER-I have not In a contes- |
ted election, there are many. expenses which could
not be properly registered. IA laugh There |
were thirty forty bills that paid and did en-
trust them to any party. did let Mr.. Footner have
El00, and other moneys were paid by cheeks OF by
my own hand. The committee, il II could be said |
that we had committee, had also some money, |
and am positive that, with what owe and what ! |
paid, the expense was upwards of E3000. also |
gave person of the name Of Hitchcock GOO.
Mr. JAMEs-And that, | suppose, brought your |
together. "A augh.]
Lord HuNTINaTowER--No, it did not; for some |
how or other it was very badly arranged but the
Mr. JAMKs-How much Of this E3 500 was paid in
money down?