Insolvent Debtors' Court,...
*J W. P. cwseom was opposed by Mr. HEATHS, on behalf of Joseph Stephenson. The insolvent, it appeared, had forrmerly been in partRership witl a parson named John Proctor, with whom he csrried on the busi- neass of'a genezal merchant, at Savage-gardens, Tower-hill, London; and *ti the islard of Trinidad, in theW I1est Indies. In the month of Novcerber, 1822, Proctor died at Trinidad, withoutt having accorunt. ed to his partner for the proceedg of a cargo shipped to him ,of the value of nOoL, of no part of which he has vet been able to obtain possession, or even intelligence * fartherthan that it had got into the hands of an attorney in the island. A1l the particlilarw of the cargo, however, were entered in theinsolvent's bonks, which were lodged rn Court. Upon hearing that his parrner had died, the in. solvent caled. a meeting of his creditors, and thev agreed to Wait urtil lie couild obtain some positive information from Tri- nidad respecting the effects of the firm in that place. In the mean-time he becaume a commnissioa wine-imerchant, but realized lit- tie or nothing from that busiaegs. ffe had repeatedly accepted accommodation bills for Mr. Josevh Proctor, his partner's brother which were alwayv penctuxally paid; and the latter having tal;en a still, and xlchaned a stock of rum from Mr. Steplen- son,' for vhih he was to pay him about 1,0001., the in- solvent was induced to lend him his name upon a bill of 4901., whlich he gave to Mr. Stephenson, together with 50OL ir cash. This was after the inselvent had called a meeting of his cre- ditors. Befbre the bill became due Pnctor became a bankrupt, and it was, of course, diahonoitred. The ine'lvert said he confidentlv anticipated that the hill would have been regularly paid, be_ cause all those which he had previouwdy accepted for Proctor had been punctually honoured; and because he thought Mrs. Sole. by, Prector's sister, would have advanced him money upon discount to meet It for her brother, as she had frequently done on other simi. lar occasio4s, a-nd ag she wvould have one now, but for the bank. rutety of her brother, which occurred before the bill's maturity. | this case the judgent of' the Court was, that the inso lvent be remanded within the wals of' the prison for 8 calendar months, for having contracted adebtwith Mr. Stephenson without reasonable expecettion of being able to pyn It. I tNSOLVEAVT DPBTORS' COURV, TuzrsoA. A1u. 10.