Exeter District Court of Bankruptcy: A. Lethbridge’s Bankruptcy: Re: Albert Lethbridge, Innkeeper, Totnes: This was a last examination and discharge. Mr. Clarke appeared for the assignee and Mr. Floud for the bankrupt. The official assignee reported: Creditors (unsecured) £362 4s 2d: One creditor held as a security for £200, a bill of sale on bankrupt’s goods, estimated to be worth £150, but which the bankrupt believed had been sold for £80. Total due to creditors, £562 4s 2d: Assets are – debts (good), £12 9s 9d (bad) £78 1s 5d. The stock and furniture had been taken under a bill of sale. Mr. Clarke examined Mr. John Ball Pinsent, brewer, Newton Abbot who said held a bill of sale for £200 from the bankrupt. The consideration was a debt of £200 for goods sold and delivered: Never received anything on account of that £200 till he levied. Bankrupt. Owed him £150 for goods supplied since the bill of sale. Put the bill of sale in force in the beginning of Nov. The proceeds of the sale were £89 5s 7d. Rent £8 2s 6s was paid out of that, and the expenses, reduced the amount to £67 2s net. The bill of sale was produced. Mr. Clarke examined Mr. William Ashford Junr. Who said he was a coal merchant living at Dartmouth. … (continues) … Mr. Pinsent recalled by Mr. Floud, said that certain reports which he had heard against the bankrupt had induced him to levy on the bankrupt. The Bankrupt, examined by Mr. Clarke, said that his father died in January 1861. Under his will he (bankrupt) was entitled to £120. It was paid to him in two sums, £50 and £70. What he had first received he paid to Mr. Ashford. Out of the second sum he paid different creditors … He had sold his horse and cart for £12, put £2 to it, and bought a license of an inn. … (continues) … Mary Lethbridge, wife of the bankrupt, examined by Mr. Floud: She said that about two years and a half ago, her husband was ill of brain fever, and had never been well since. His memory had been very bad ever since. With respect to the acceptance due to Mr. Ashford, she at first thought it was a three months’ bill; her husband thought so too, but they found it was a two months’ bill. She told Mr. Ashford’s brother that it must have been a mistake; she was sure they could not meet it, and Mr. Ashford must make arrangements for it. Mr. Ashford’s brother, she believed, made the affair of the bill known, at least all the creditors came in to be paid. She could not understand why it was so, and paid off all as far as her money would go, until Mr. Pinsent put the bill of sale in force. Her husband, herself and the four children were now living in a furnished room in Totnes, for which they paid 1s 2d a week. … The case was adjourned till April 8th.
[see also Exeter Flying Post: 2nd April 1862]
[see other issues on other dates]
Transcribed in whole or part from scanned originals: Presented with or without modified text and punctuation. For absolute accuracy refer to the original newspapers. Source: The British Newspaper Archive.
Referenced
GRO0518 Devonport: John Ball Pinsent: 1819 – 1901