A COMPLICATED CASE.

Evening Star, Issue 3280, 25 August 1873, Page 3

A COMPLICATED CASE.

A curious case was hoard on the insolvency side of the Equity Court lately, when a rule absolute for sequestration was moved in the case of Alexander Bankier, a storekeeper, who had been carrying on business in Swanston street, on the ground that a certain bill of sale he had given to Mr Michael Sami, Levy for L 4.000 was for the purpose of defrauding the creditors in the estate. The bill of sale was signed on the 27th June last, but no money was paid, Mr Levy having found out that Bankier intended to leave the Colony, so as to avoid certain authorities that were expected from England, calling upon him to account for L2 360 which he had received for the sale of the brig i'dith Rubicon, on behalf of Messrs Clark and Co., of Liverpool. This money, it appears hy a by-issne, he has not paid to the owners, according to the evidence of Captain Reid, of Reid, Poole and Co., but lent some to a friend, and began business on his own account with the balance. The execution creditors are Messrs Currie and Sewell, and there appears to have been a nice little conspiracy in the interest of credi tors to detain Bankier in the Colony. Levy got Bankier to sign the bill of sale, and promised to give him the LBOO in sovereigns at the National hotel, but at the same time had no intention of doing anything of the kind ; and on the same day that the signing tool', place lodged an affidavit for the rule nisi, and got Bankier detained in the Colony. The case stands in this position, if the evidence given yesterday is to be believed. Bankier got L2.3G0 for soiling another man’s brig, and kept the money, intending to leave the Colony. The creditors lay their heads together to get Bankier to give a bill of sale for LI,OOO, and promise to pay him LBOO in sovereigns. Instead of giving him the heap, of gold, one of them takes out a rule w/?i for the compulsory sequestratipn pf hja estate, on the ground'd! lua giving this yery byU of sale, and Bankier replies tha,ttlle bill of sale is worthless, and, was obtained fro,m iyiry, by fraud. More of this interesting powplioa--tiou will be heard in the Equity Court.— Age.