The Sun. — 1857-05-21 (London, England)

THE STOPPAGE OF MESSRS. LAWE AND  COMPANY'S BANK.  PRESTON, MAT 20.  Considerable astonishment was on Tuesday excited in Preston, by an article in the columns of a metropolitan newspaper, stating that this town wac in a complete state of confusion, &c. This is totally incorrect, as no loss is expected by the stoppage to the depositors. Mrs. Law© has already taken the necessary steps to obtain the probate of her deceased husband's will, and the clerks are all busily engaged in balancing the accounts and making all necessary preparations to wind up the estate i. e., as soon as the legal preliminaries are completed. On Tuesday a rumour was widely circulved to the effect that Messrs. Pedder (of the old bank) had-undertaken to arrange the affairs of Messrs. Lawe and but it is utterly unfounded.  On 'Saturday' Messrs. Pedder supplied the money to meet the claims falling duo at the savings bank, and the Messrs. Pedder are also undertaking to remit the customs dues until a receiver is appointed from London ; but no arrangement has been made by these gentlemen to cover the responsibilities of the late bank. Messrs. L-twe kept the account of the overseers, and Mr. Lawe was also treasurer to the B ►ard of Guardians, but we are informed that the latter body have overdrawn their account about 2001. If the bank bad been open on Saturday last, between 3,0001. and 4,000./. would have been transferred to their account by the overseers. The overseers were, in consequence of the stoppage, compelled to find the guardians money for their present wants from some extraneous source, and it is stated that the Lancaster Banking Company advanced the sum required on Tuetday. The blowing is a copy of a circular issued :  " Bank, Preston, May 16, 1857. "In consequence of the death of the late Itober.t Lawe, Esq., and of his having made no provision in his will for carrying on the bank, it has been found necessary to close it. This step is taken with great reluctance, on account of the inconvenience which will be caused thereby to the various depositors, and every exertion will be made to render the delay in the payment of the claims as short as possible.—l am, your obedient servant,  " GIRALD GIINDY, Agent."  DETERMINED SUICIDE OF A MERCHANT'S CLERK Yesterday Mr. Payne held an Insuestgat the schoolhouse, St. Mary•axe, on the body of William Csbron aged 55, who committed suicide on Sunday last. The deceased was in the employment of Mr. George elm,. Hitchcock, general merchant, of No. 45, Lime-street, City, but he resided at No. 58, St. Mary-axe. gis employer had noticed a litile despondency about him fur some time, and had spoken to him about it, and he said that he was suffering from a disease of the heart, but that he should be wed in a very short time. A femals going into the cellar of the house where ho lived, between 9 and 10 o'clock on Sunday'night, saw the do. ceased banging by the neck by a rope fastened to a post, being in a kneeling position. Ile was quite dead. His feet were on the ground and his knees were bent. Mr. Horatio Cabron, of Upper Gower-street, Bedford-square, uncle of the deceased, said he had been for some years in business in Paris as a merchant, where he was once well off, but he had lost all his property, and that bad caused him to return to this country, His employer had found all his accounts to be perfectly correct. The jury returned a verdict of "Temporary Insanity."