THE WINCHILSEA BANKRUPTCY.

Nelson Evening Mail, Volume VI, Issue 190, 12 August 1871, Page 3

THE WIN CHILSEA BANKRUPTCY.

The bankruptcy of the Earl of Wincliilsea came before the court yesterday, when the accounts disclosed an aggregate liability of about £101,000, of which £25,963 is due to unsecured creditors ; £51,200 to creditors fully secured, and £24,568 to creditors pariially secured by property valued nt £8,367, leaving au uucovered balauce of £42,165. The Maiquis of Anglesey is a creditor for £1,866, the English and Scottish Assurance Company for £3,460, and Mr. R. Morris, Carl ton Chamber, £2,775. The largest secured creditors are the the North British and Mercantile Insurance Company, Threadneedle-street, whose debt is £51,200 j they hold as security two mortgages on the bankrupt's life interests in estates iv Kent and Northamptonshire ; also policies of insurauce on his life, the security being estimated as adequate to cover the debt, but to leave no surplus. The Marquis of Anglesey holds security of £517 against a debt of £4,211 ; the Crown Life Assurance Compauy for a debt of ££-£00 hold policies valued at £2,000 ; aud Messrs. Hoare & Co., bunkers, Fleetstreet, hold policies for £3,500 to secure a debt of £8,775. Alter an explanation from the Earl concerning his share iv some property, the sitting was adjourned.