Insolvent Debtors' Court,...
John (3I*y, whose case had been heard on a former day, came up this morning for judgment. The Co rnT observed, that the insolvent was arrested in April last, and on the 5th of Mlay hesutrendered in discharge of his bail; but in the interiin he disposed of the whole of his property, not for the benefit of his creditors as he ought to have done, but for his own purp,oses, or those of a favourite, to whom he alleged a debt was due. It was a clear case of a fraudtlent mnaking away with his pro- perty to diminish the fund divisiblc amongst his creditors; for which the judgment of theCourt was,that he be remanded vithin the walls of the otison for eight ealendar months William Tlhornhill, a stable-keeper in Montamue-mewns, Mlonta- gue-square, was opposed by Air. COOKE, on behalf of a creditor namledl Borensan. This case had also been heard on a fernier day, when it appeared that the insolvent received a considerable sum of noney ftom the opposing creditor, without stating to him that he had given a warrant of attorney to his landlord (ILr. Pickerinz, coal. merchant, of Essex-street), who subsequantly entered up jutdgnment upon it, and took possession of the insolvcnt'e yard, stock, books, &c. At the tim- that Alr. Boreiman was about lenling him money, he had interviews with Mlr. Pickering on the subject, upon which occasions the latter never mentioned that he held the power of at- torney; and it furtlerappeared, thatafter Mir. Pickering had taken oossession of tlhe yard, and the insolvent had becn arrested, he (Mr. ?ielcering) purchased the rules for him, and also purchased day-rules to allow him to attend his yard, and. carry on the business as usual. After the investigation had proceeded for a considerable length of time, the Court adjourned it, to give Mr. Pickering an opportunity of giving up the property$ or some part oi it, for the benenit ofall the creditors; but Mr. Pickeringnot having thoughtvroperto dothis, lr. Cooke now prayed the judgumient of the Court. rhe Chief Commis- sioner animadverted up.m the conduct of Mr. Pickering in this transaction, who, he said, had evideritlv lent himself to the insol- vent's contrivancer to defraud his just creditors. Over him, however the Court had no power, but over the insolvent they had; and as they considered this a very bad case of undue preference, their judg- ment was that he shoutd not be discharged from custody under this act for eigllteen calendar months from the date of fiing his petition, and that he be confined within the walls of the prison. INSOLVENT DEB?-ORS' COURT, lmONDAY. JULY 26.