Birmingham County Court: Yesterday: Before His Honour Judge Chalmers: Bankruptcy: Re. Thomas Smith, William Smith and Thomas Smith the Younger, of the Saltley Mill, Saltley, makers of tools, bicycles, and bicycle fittings: Application to approve composition. Mr. Pinsent appeared for the debtors … (discussion, Mr. Sharp) … The sole technical offence which he had to report was that Mr. Thomas Smith senior had in 1856 assigned his estate to a trustee for the benefit of his creditors, and under that assignment paid his creditors a composition of 11s in the pound. Mr. Pinsent, in asking the approval of the Court for the compositions, reminded his Honour that the application was entirely unopposed. The Judge observed that the compositions seemed to him to be fair and reasonable. He would therefore approve them. …
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GROxxxx Devonport