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!! Ballina Chronicle; May 15, 1850; Insolvent Debtors' Court

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  • Cathy Joynt Labath
    BALLINA CHRONICLE Ballina, Mayo, Ireland Wednesday, May 15, 1850 INSOLVENT DEBTORS COURT In the matter of John Clancy This insolvent, a Lieutenant on full
    Message 1 of 1 , Mar 3, 2006
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      BALLINA CHRONICLE
      Ballina, Mayo, Ireland
      Wednesday, May 15, 1850

      INSOLVENT DEBTORS' COURT
      In the matter of John Clancy
      This insolvent, a Lieutenant on full pay, in the 15th Hussars, was
      opposed on the part of Mr. Joseph Joel, a jeweller, and bill discounter. It
      appeared that, the insolvent, who had been about nine years in the army,
      owed £7,234 and there was nothing tangible for his creditors. He went to
      India in 1847 to join his regiment and returned last year. His commission
      was wor5th £1,190 and if sold, his regimental debts would have to be paid,
      amounting to about £1,000. His pay was £14 a month. When he went to India in
      1847, he took out from this country five race horses, which had since been
      sold; they were taken out as a racing speculation. He had jewellery and
      money of Joel. He remembered two diamond rings Joel brought him, one of
      which he wanted for a lady. He took the rings and asked the lady to make her
      choice of one as a present, but she took the two and refused to return one
      as she liked them both so much (a laugh.) One of the rings was priced at
      forty, and the other at fifty guineas, for neither of which had he paid
      Joel. He had no property for his creditors, and if he rejoined his regiment,
      he should be willing to set aside a portion of his pay, but if his
      commission was sold the money would be first, applied to pay his regimental
      debts.- Before he left India he had sent his papers to the
      commander-in-chief to sell out, but since his return to this country he had
      been allowed to withdraw them.
      The Chief Commissioner required some amendment to be made to the
      schedule, and the further hearing of the case was adjourned.

      Cathy Joynt Labath
      Ireland Old News
      http://www.IrelandOldNews.com/
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