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Article_1816-03-23 Bankruptcy

Thomas Jackson's Father Declares Bankruptcy

 

This is the first of several reports of John Jackson Jr. being defined as bankrupt.

The LONDON Gazette March 23, 1816
BANKRUPTS
. . . . .
J. Jackson, of Ilkeston, Derbyshire, rope maker, April 10, 11 and Amy 4, at eleven, at the Flying Horse, Nottingham, Attorney, Mr Berridge, Hatton-garden.
. . . . .
[Later in same newspaper report]
From LONDON GAZETTE, May 7
BANKRUPTCY SUPERSEDED
J. Jackson, Ilkeston, Derby, rope-maker.

Our understanding of these news items is that instances of unpaid debts from April 8, 9 and May 4 were taken to a local court in Nottingham.  However on May 7th these dates appear to have been “superseded”,
Prior to encountering this report, we did know know the meaning of “superseded”. – It is defined as the setting aside the bankruptcy so probably John Jackson seemingly was able to come up with the money to cover his debts.
We find that this situation reoccured and by 1825, John Jackson’s estate had been sold and the resulting monies split between his creditors.