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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1859 Excerpt: ...shall sail to quiek eomn l;y whieh rcn, ou-st regions aro allied, Whieh makes une eity ot the verae, Where sume may gain and all may bo supplied. But to proeeed with the ease before the Court. The firm of Cruikslmnk, Melville, and Stieet was one in the list of houses whose failures were announeed during the eventful time of whieh I have been speaking. They eurried on bnsiness as East and West Inliia merehants. Messrs. Trueman and Cook, eolonial brokers, in the years 1843 and 1844 were largely under advanees to the bankrupts, and on the 31st of Deeember, 1844, the debt due to Truennia ami Couk amounted in round numbers to.l'8!),000. As seeurity for this there were from time to time deposited title deeds and otl.er doeuments relating to several plantations, ships, properties, and undertakings bv letter in the nature of equitable eharges The total amount of the ereditors ot Cruikshank and Co. on the 1st of January, 1845, was about 396,000; hut taking their debts and properties at that time (eonsisting of good debts, eonsignments abroad, produee in hand, ships and shipments, patents and estates) at the value assumed in the enpitul aeeount, there appears E. balanee in favour of the firm amounting to about 36,000, and although in general the value of the property is over animated by the owner, I eaunot say that the bankrupts were not jnstified in estimating the debts due to them and their properties as good to the full extent for wineh they take eredit in their eapital aee' unton the 1st of January, 1845; but the realization sinee, aetual and expeeted, shows the sad and ruinons loss of above. 190,000, or nearly 50 per eent. The large amount of the liabilities of the house of Cruik.-hunk, Melville, and Co., in January, 1845, is, ...

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