Polesworth: Failure of a Brick Manufacturer: meeting of the creditors of John Dexter Canning, brick manufacturer, of Polesworth and Glascote, Warwickshire was held on Monday at the Queen’s Hotel in Birmingham. Mr. C. A. Harrison was appointed chairman; Mr. C. B. Hodgson represented creditors, Mr. R. A. Pinsent represented the Worcester City and County Banks, Mr. Smith, for Messrs. New, Prince, and Garrard of Evesham, the mortgagees; Mr. C. Taafe, the receiver, &c. The statement of affairs showed liabilities amounting to £2,215 9s., and the assets £2,470 8s, 6d. … (discussion of finances and involvement of family in the business) … The mortgagees had a right as honourable men to hold their securities, but if there were any questions about which there might be any doubt as to the nature of the mortgagees’ rights, they were willing and desirous that they should be settled in some amicable way, without resorting to litigation. — Ultimately it was resolved to liquidate the debtor’s affairs. Mr. Houghton was appointed trustee; Messrs. Barlow, Smith, and Pinsent were appointed solicitors to the trustee; and Messrs. Hodgson and Haigh were entrusted with the registration of the special resolution.
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