MONTEFIORES’ ESTATE.

New Zealand Herald and Auckland Gazette, Volume I, Issue 62, 23 March 1842, Page 3

MONTEFIORES’ ESTATE.

The following correspoadence, which was circulated in London in the beginning of October, is liigijy creditable to the gentlemen concerned, and as Messrs. Montefiores and Co. have hoth creditors and friends in this colony, we are sure it will be gratifying to our renders : At a meeting of the creditors of Messrs. Montefiore Brothers, held at the George and Vulture Tavern, London, on Tuesday, 28th of September, 1841. Present —Messrs.' G. and L. Oliver, Brandram Brothers and Co., Hesketh Davis and Co., S. W. Silver and Co., W. Thompson and Co., F Hutli and Co., Ind and Smith, Chance Brothers and Co., I. R. Bousfield and Co., Melville, Andrews. and Co , A. J. Nash aod Co., Middleton and Getting, G. and T. Dugard, T. Southey and Son, Hall Brothers, Simpson and Starkey, 1. and I. Colman, Shuttleworth and Go., R. and I. Gunter, C. Knight and Co., Executors of Gervase Wheeler, Captain Thomas New, Messrs, Robert Brooks, John Flower, J. R. Thomson, John North, John Robinsen, B. E. Lindo, R. Perrott, R. V. Swaine, E. Cardozo, W. Tahor, S. J. Waley, George Walker. Thomas Drane, H. De Castro, Warner Ottley, Thomas Towuend. Louis Lucas, James Stoddart, David Halkett, William Milliken for Bank of Australia, Captain George Dixon, and other creditors. Mr. Robsit Brooks wes appointed Chairman. A statement of their affairs was submitted by Messrs. Montefiore to their Creditors.

The following Report was received and read to the Meeting : “ We the undersigned, Creditors of Messrs. Montefiore Brothers, beg leave to state that we have, at their request, carefully investigated the statement as drawn up from their books by Mr. Jackson, Accountant, and made all necessary enquiries of them as to the state of their affairs.

“ It appears that since they suspended payment Messrs. Montefiore have realized from their assets, funds sufficient to pay, and have paid to their creditors, two-fifths on the amount of their debts, and further intend paying one-tenth more, making a sum of ten shillings on the same, and we entertain no doubt whatever from Messrs. Montefiores’ statement, upon which we feel convinced we may rely, that if time be given them, they will be enabled to realize from their property, asset sufficient for the full liquidation of all their liabilities. “ We think it proper to state, that from our knowledge of the state Of the colony, it will be impossible for the assets of Messrs. Montefiore to be realized, unless time be' given them by their Creditors lor that purpose, and if sufficient time be given them, there will be more than ample to discharge their liabilities.—Thomas Southey, John Flower, John North, Robert Brooks, J. R. Thomson..”

Messrs. Montefiore having given such explannations as were required, and stated the reasons why it would be impossible that their assets could be realized, unless time was given them by their creditors, proposed that they should be allowed eighteen months for the payment of a further five shillings, being the balance of their debts, upon Messrs. Montefiore paying a further two shillings in the pound within the present year. The following resolutions were carried unani- \ mously: — Resolved—and it is agreed by us, the creditors present, to adopt and accept the proposition of Messrs. Montefiore, and that they be allowed eighteen months, and three years, from Ist January next, for the payment of the balance of our debts, they making a further payment of two shillings in the pound within the present year.

Resolved—that the deed or agreement to be signed by the creditors to carry into effect tiie above resolution, is not to prejudice the rights of any of the creditors against any person or persons, but that all necessary and proper consents are to be obtained from such persons, and such agreement is to be subject thereto.

Resolved—that it is the opinion of the pa.ties assembled at this meeting, who have or represent claims against the firm of Messrs. Montefiore Brothers, (arising from their late unfortunare suspension of payment), that they cannot withhold expressing their conviction,'that the event has entirely originated from the untoward continuation of circumstances independent of the control of those gentlemen ; and that it would bean act of great injustice in omitting to bear testimony to the honorable exertions they have made, for effecting a satisfactory adjustment of their liabilities. It was moved and seconded, and carried unanimously,— That the Chairman do send a copy of the last resolution to Messrs. Montefiore, Brothers. The thanks of the meeting were then unanimously voted to the Chairman.— Sydney Papers* An enquiry took place at the Home Office on Tuesday, respecting an extensive fraudulent issue of Exchequer bills-. . which for some days past hasgreatly peipiexed and paralysed the Money maiket. Sit Robert. Peel, the Chancellor of the Exchequer, and Sir James Graham attended, and the examination of tiie suspected person was conducted by Mr. Hall, chief magistrate of Bow-street. Lord Mont.eagle was also present. The result was, that Mr. E. B. Smith, senior clerk in the office of making out and issuing Exchequer bills, was taken in custody, and was to be brought up for further examination last evening or to-rlay. The particulars of the •' enquiry are kept a profound secret. The accused has been many years in the office, and is most respectably connected. The municipal elections for Dublin took place on the 25th. The result has justified the worst fears of the Protestants. The city is divided into 15 wards, each returning 4 council, lots. Twelve of the wards are entirely in the hands of repealers. who have also returned one man for Merrion WardThus the numbers are 49 repealers to II conservatives. G’Connell is returned as the Alderman of Linenhail Ward, and of course will be the next Lord Mayor.

Yesterday, at the Central Criminal Court, Robert Blakesly was arraigned for the murder of Mr. Pardon, in Eastcheap. He pleaded “ not guilty,” and his trial was fixed to come on this day.

The Bast.— Malta papers of the 15th instant have-been received. Lord and Lady Ponsonby had that day arrived from Constantinople in the Acheron steamer. Rescind Pacha had also arrived there, in the French steamer Leonidas, having relinquished his design of going to Paris via Vienna. Lord Ponsonby had his audience of leave of the Sultan on the 28 h ult., and was received with great distinction. Several severe shocks of earthquakes were fe.t at Constantinople on the 6th inst.,—houses were thrown down, and several persona killed. A private correspondent of the Malta Times states that the French Squadron at Tunis had received orders to return to c ranee.

Her Majesty. —lt will be gratifying to our readers to hear of the satidactory siateof Her Majesty’s health.—The Queen's accouchement is now daily expected, and the necessary arrangements in the Royal household are nearly pleied.— -The Earl of Jersey, the Master of the Horse ; EaYl Delaware, Lord Chamberlain ; an! the Earl of Liverpool, Lord Steward, have ariived from their respective countiy seals, and will not leave until after the Royai birth ; and several of the,chief members of the household will sleep at Buckingham Palace after Tuesday next.—The Archbishop of Canterbury and the Bishop of London, whose piesence is requisite, hold themselves in immediate readiness to attend at the Palace.— Sir J. Clark, as Physician in Ordinary to the Queen, was in attendance at the Palace on Saturday morning.—The Right Hon. Sir Robeit Peel, bart., and the oilier ministers of state, remain in town in older to be present at the auspicious event. The Queen and Prince Albert took an ailing in the parks on Monday afternoon, in an open carriage and four.