Postby dognose » Sat Sep 12, 2015 4:26 am
JAMES EDGCOMBE
65, George-street, Plymouth
Bankruptcy Record
Edgcombe, James, 65, George-street, Plymouth, jeweler. First meeting : 10, Athenaeum-terrace, Plymouth, June 5, at 2.30. Examination: C.C., East Stonehouse, June 22, at 11. Adjudication : May 26.
Source: The Watchmaker, Jeweller and Silversmith - 1st July 1891
A Cool Bankrupt
A meeting of the creditors of James Edgcombe, jeweler, George-street, Plymouth, was held at the offices of the Official Receiver (Mr. J. Greenway), Athenaeum-terrace, Plymouth. Debtor returned his liabilities at £2,182 10s. 9d.—£2,182 owing to his mother and 10s. 9d. to Mr. Jennings. The assets consisted of stock of the nominal value of £2,500 expected to realize £1,200. In reply to the Official Receiver, the bankrupt denied that he had a pocketful of gold at the time the receiving order was made—only a few shillings. Had no books showing the amount of stock he had received.
You have had stock to the value of £5,000 ?—That is the selling price.
Then in fifteen months you have got rid of £2,500 worth of stock. Where is it ? — I can't have got rid of it if it is not there. A man seized a lot
of things, although I did not owe him a penny.
You have been pawning a lot of goods ?—One or two things.
One or two! —a lot : forty-seven rings. What sort are they ? — A case of rings which I pawned to pay a debt.
Is that the way to do business ? - I had to pay the debt.
The rings may be worth £100. Although pawned for £25 ?—The profit would be about one-third.
Have you not been constantly taking things away? - Only the goods of customers.
How long have you been in business ?—I don't know. About eleven years, I think. Father lent me the money. I have not disposed of property except in the regular way of business, but I have kept no cash-book since my sister left me.
Do you owe the National Provincial Bank any money ?—A little.
Why is it not mentioned here ?—It is guaranteed.
I expect you will find plenty of others to whom money is due ?—I don't think you will. It would be utterly impossible for me to file an account of my sales for twelve months. The stock represents all the property I have.
Have you not been betting?—No ; I can spend money better than that.
The Official Receiver : I think you have been spending money a great deal worse than that.
Debtor was allowed to pass at a subsequent adjourned examination.
Source: The Watchmaker, Jeweller and Silversmith - 1st July 1891
Perhaps to be identified with Samuel Edgcumbe (see above post).
Trev.