COURT OF BANKRUPTCY
IN RE T. WALLER
The bankrupt was a grocer and provision merchant, of Petersfield. This was the certificate meeting.
Mr. Chidley, for the assignees, without opposing, called the attention of the Court to the bankrupt having traded too long.
Mr. Murrough, for the bankrupt, said the bankrupt’s position had been occasioned by the failure of the bank of Mr. Butterfield, which had been established on opposition principles.
The Court awarded a second-class certificate.
Hampshire Telegraph - Saturday 12 January 1856
PETERSFIELD
COURT OF BANKRUPTCY, JAN. 10.—(Before Mr. Commissioner Evans.)—In re Waller.—The bankrupt, a provision merchant, of Petersfield, applied for his certificate. His unsecured debts were 2,688l.; assets, 400l. In June, 1854, the bankrupt had been in a deficiency of 1,018l. Mr. Chidley opposed for the assig- nees, chiefly on the ground of reckless trading. Mr. Murrough, for the bankrupt, attributed his misfortunes to the failure of Messrs. Butterfield’s bank at Petersfield. His Honour did not think it necessary to suspend the certificate, but recommended the bankrupt to be more cautious in his future trading, and to keep better books. Without a cash-book and a stock-book trading was little better than a game of chance. A second class certificate was granted.