Marsh, Stracey, Fauntlero...
The Times, 1824-12-13T00:00:00

itnotner meeting om ine creditors om tniese sanitrupts nxaviag been appointed for Saturday morning at 11 o'clock, three of the Commis- sioners attended at the court. It had been anticipated that the bank- rupts would attend for the purpose of being examined, but it appears that the lIord Chancellor has suspended the procecdings, as will an- pear by the following notice placed under the list otmeetings on Sa- turday.*- " Alarsh, Stracey1 Fauntleroy, and Graham.-The proceedings under this commission are stayed by order of the Lord Chancellor." Notwithstandintx, the sol,citor to the conimismion attended, antli a r1umber of creditors were present. for the purpose of proving their debts. As essal, under all comnmissions, but more particularly under such as this, wfhere the transactions have been so extensive and con- plicated, many were, as a matter oi course, sent back to prQcure bet- ter proof. In one instauce, a claim was made under a power of at- torney, but is appeared that thrre was no account with the parties on the books of the bankrupts. Another case of' considerable importance to the estate of the bankrupts was aclaim for 5,4011. Ils. IOd. by the respectable house of Lafiue and Co., bankers at Paris. This arose fromii a transaction with the house of Mlarsh and Co. under the fol- lowing circumstances:-AMarsh and Co. wrote Lafitte and Co. to ac- cept to the amount stated for a Mr. W. Burton, and to reirmburse themselves, they were to draw upon thiem (Al arsh and Co.) as before. Mlr. MIowr trAG, on behalf of the creditors, Cook a,n objection to thzis claim, on account of it not being shown that thiey (Lafitte and Co.) did draw, and if they had not so done, their remedy should be against Burton. The learned counsel stated, lie knew something of the transaction, and the sumn being of so muclh importanice to the estate, he cettainly should wishi to look further into it. The trans- action might appear clear to the claimant as a matter of bushiess, but lawyers tiight take atiother view of thc wort draw. in the course of the proceedings, one of the Commissioners observed, that lie understood that one of the bankrupts (wve believe Mr. Gratam) had some papers relative to the estate in his possession : these papers he requested the solicitor would immediately apply for; the bank- rupts had no right to retain them; they should be in the possession of the assignecs. The bankrupts ought to have access to thcir books andl papers for the purpose of making up their accounts, but theycer- tainly should not be in flie custody of any of thenm. A Tax Collector applied to the Commissioners for advice about a sum lodged with the bankrupts for safety. This could not be done; all that they could do, was to hear his claim. He then stated, that he had a balance of about 1501. in their hantls, anl that he had inot resorted to the suing out an extent in aid from the dread of the ex- penses. le was therefore left to make iinoself content with any di- vidend that the esttte might pay. Mr. Collector appeared to console himself with the reflection that itie loss was not greater: had it been a few days earlier, his loss, as well as that of a brother cellector weuld have been verv great, but fortunatelv for tixenl they had very recently paid oyer a considerable sum to the Receiver-(General. During the meeting, debts were proved to the amount of nearly fifteen thousand pounds. One tdebt alone was for more than five thousajnd pounds. Neither of the bankrupts attended and the usual miniute of their non-surrenderwas placed on theproceedings. Another meeting is appointed for Saturday next. In the comimission issued ayainst Henry Fauntleroy,a minute was also made that he did not appear. MAfISII, STRACE}, F,4UNVTLROI, AND CO. AT TIUE COURT OF COM4MISSIO.NERS OF BANKRurTS, BASING. H AI. L.ST R EE T.