CO129-241 - Governor Des Voeus - 1889 [1-7] — Page 477

L

ezo

became involved with the

Bank in Manila; the Bank provaring the Firm's Bankruptly, and proving deb to due to the extent of

Two

-hundred a fifty thousand dollars; $250,0

for several

years

the case

dragged

のい

without the Bankh being

able

to finally settle the affair. On the

20th of October last the Judge of the Tondo Court annulled the Bankrupty, taking

do correct a

Statement

of

balance handed in by Jureds and

Co: Thewing debto owing by them

for $264,000, against security $264,0

given

leaving

to the Bank for $262,000,

a balance due to the Bank

of

$262,

475

of $2000. The Bank's book's can shew

how false this balance was;

The

security really lodged by Jurado and

Co : has turned out, as

proved

in Court,

to be principally false pagares (or

Promissory Notes), signed by persons

hopelessly insolvent, emoan

$75,000 plus $17,

000

amounting

and all other

to

securities, consisting of goods from England, (maliriously over invoiced), and house property, has been recovered from the Bank by Juradents:

in the lower Courto.

On the 16 the

of

March lest,

Jurado & Co :, through the Judge of the

Tondo burt, embargoed the Bank

for..

1