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EWPORT, ABERGAVENNY, and HUNGERFORD-HALL DINING LONDON WINE COMPANY

HEREFORD RAILWAY.-Loans on Debentures.— The Directors ar open to RECEIVE LOANS on the Company's Debentures to a limited extent, in sums of not less than 1007. for three, five, or seven years. The interest to be paid hal-yearly, in January and Julv. Offers of loan to be addressed to THOMAS PRITCHARD, Secretary. 26, Spring-gardens, Charing-cross, London, Jan. 2, 1857.

COMPANY (LIMITED).

The Prospectus of this Company is now ready, and may be obtained at the Offices of the Company; or by application to the Secretary. By order, RICHARD PRIDMORE, Secretary. Hungerford-hall, Strand.

CRYSTAL PALACE COMPANY.-NATIONAL DISCOUNT COMPANY

Debentures.-The Directors are prepared to receive TENDERS for LOANS on the remaining Debentures of the Company, bearing interest at 5 per cent. per annum, for three, five, or seven years, at the option of the parties tendering.

Coupons for the half-yearly interest will be attached, payable at the Union Bank of London. By order,

G. GROVE. Secretary.

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OANS on DEBENTURES. Directors of the Ulverstone and Lancaster Railway Company are prepared to receive TENDERS for LOANS on DEBENTURE BONDS, in sums of not less than 500.; interest pavable half-yearly.

(LIMITED). -Capital 2.000,000%.

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AGENCY COMPANY (LIMITED)-Shareholders are informed that CERTIFICATES of SHARES are ready to be EXCHANGED for BANKER'S RECEIPTS every lawful day, By order, A. C. HOWDEN, Manager.

Approved Mercantile Bills Discounted for parties properly between the hours of ten and four o'c ock.

introduced.

Money received at Interest on Deposit, repayable at call or at fixed periods. By order,

RICHARD PRICE, Secretary. Offices, 25, Birchin-lane, Lombard-street, London, Jan. 1857.

THE BRITISH LAND COMPANY

ESTATES at Watford, Oxford, and the reserved portion (LIMITED).-Any of the REMAINING LOTS on the fronting the Wandsworth-road, or the Clapham Station Estate, may now be taken, on payment of a deposit of 10 per cent., and the balance with interest, in nine annual instalments.

Plans, with conditions of sale, may be had on application at the Offices, 14, Moorgate-street, City.

W. E. WHITTINGHAM, Secretary.

BURGLARY PREVENTION and

FIRE ALARUM COMPANY (LIMITED). Capital, Liability Act, having for the above objects the working of 50,0001-A Company is being formed under the Limited certain patents which have received the highest commendations and approval. Scientific men, and all others who take an interest in the subject, may see working models of the trglary and Fire Preventor, applied to rooms, windows, aors, &c., at the Company's Offices, 25, Poultry, daily, be.

tween the hours of 11 and 8.

A few unappropriated shares will be allotted to respectable parties.

BURGLARY and FIRE ALARUM

COMPANY (LIMITED), for the Protection of Life and Property (under Royal Letters Patent). Capital 100,0007., in 50,000 shares of 24 each. Deposit 10s. per share.

Offices, 25, Poultry.

A company is now in the course of formation under the Limited Liablity Act, for wurking valuable parents which have been obtained, having the above objects. Pending the completion of the final arrangen.ents, the public are invited to inspect the working models, as also the invention itself, which is also lately applied to doors, windows, &c., in the offices of the company, 25, Poultry, daily, between the hours of 11 and 5.

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COMPANY (Hamilton's Patent): Limited. NOTICE IS HEREBY GIVEN, that the FIRST ORDINARY GENERAL MEETING of the Shareholders will be held on WEDNESDAY, the 7th day of JANUARY 1857, at TWELVE o'clock at noon, at the Offices of the Company, Globe-wharf, Mile-end-road.

And Notice is Hereby Further Given, that the said Meeting is intended to be Adjourned to some day to be then fixed, such day to be within thirty days from the day of adjourn ment, according to the 7th Rule of the Articles of Association By Order, JOS. HODGE, Se

NATIONAL GUARANTEED of the Company.

MANURE COMPANY (LIMITED).-The Directors of this Company beg to inform the subscribers and the public, that they have REMOVED from 77, King William-street, to their permanent offices, 2. Moorgate-street, City. The Directors have also the pleasure of informing their subscribers that favourable contracts have been made for the purchase of raw materials, and orders are being received for the supply of mannres daily. Persons of influence and undoubted respectability, desirous of acting as agents for the By order of the Board, GEO. G. LAMB, Sec. pro. tem. Offices, 2, Moorgate-street, City.

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Applications to be sent to the Company's Offices, Ulver. Company, are requested to communicate with the Secretary. ing investments will find this Company a realy means for

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ENERAL APOTHECARIES' COMPANY (LIMITED), 49, Berners-street, Oxford-street. London, is established to supply the medical profession and the public with unadulterated drugs, chemicals, and all medical preparations. Everything purchased is subjected to careful testing and analysis, and everything is sold under its proper designation. Professional men are respectfully reminded that the certainty thus secured in the quality of remedial agents will greatly facilitate the successful treatment of discases, improve the science of medicine, and enhance their own reputation. Prescriptions of all kinds are prepared with scientific accuracy.-49, Berners-street, London.

LAMBETH

BATHS and WASHHOUSES COMPANY (LIMITED).-Notice is hereby given, that the HALF-YEARLY GENERAL MEETING of the Shareholders of this Company will be held at the Offices of the Company, situate in Mount-street, Lambeth, on Thursprecisely, to receive the report of the Directors, to elect two Directors in the room of Henry Maudslay, Esq., and John Sewell, Esq., who retire by rotation, but who will be proposed for re-election, also to elect two Auditors, and on the general business of the Company.

COMPANIES under LIMITED LIA- day, the 15th day of January 1856, at Twelve o'clock at noon

BILITY. A gentleman of experience in their formation and obtaining capital, can render efficient aid in any such establishment. Bona fide applications from principals

only attended to.

A

Address ALPHA," City News.rooms, Cheapside. MORTGAGE and INVESTMENT COMPANY, now in formation, under the Limited Liability Act, is open to the CO-OPERATION of TWO GENTLEMEN to be upon the Board of Direction. The investments are calculated to be very profitable. Qualification

2501.

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AGENCY COMPANY (LIMITED) undertake every description of legitimate business at home and abroad requiring the intervention of a responsible agency. Loans transacted promptly on real and every description of available securities. Capi alists, solicitors, and land agents seekselecting the best securities. Above 1,000,0007. sterling ready for investment. The Company are prepared to nominate corresponding agents in the leading towns throughout England on terms of a highly remunerative character, so as to make it worthy the attention of gentlemen of persevering business habits. Prospectuses and every information on application. By order, A. C. HOWDEN, Manager. 3, Lothbury, London, Jan. 20, 1857.

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Thomas Brassey, Esq., Lowndes-square, Westminster.

Horatio C. Day, Esq., Isleworth, Middlesex.
George Knight. Esq., 4, Talbot-square, Hyde-park.
Sir S. Morton Peto, Bart, Great George-street, Westminster.
William Swann, Esq., 1, Queen-square, Westminster.

THE BRITISH STEAM FISHERIES William H. Tyler, Esq. 11. Leinster-terrace, stained of

COMPANY (LIMITED).

JOHN ARTHUR ROEBUCK, Esq., M.P. Chairman. Notice of Call.-Notice is hereby given, that the Directors of the British Steam Fisheries Company (Limited) have this day made a CALL of 32. per share, net, and the shareholders are hereby requested to pay the amount thereof to the City Bank, Threadneedle-street, London; or to the Directors, at day of January 1857.

Shareholders who feel disposed to pay their remaining calls at the same time will receive interest upon such advance at the rate of 6 per cent per annum. By order of the Board,

DUN M'LAUCHLAN, Secretary. County-chambers, 14, Cornhill, London, Dec. 6, 1856. The Directors take this opportunity of informing the shareholders that they have made arrangements for commencing operations at the port of Harwich by the beginning of February, and hope to be able to declare a dividend in June next. Prospectuses and forms of applications for the remaining unallotted shares to be had at the Offices of the Company.

Particulars as to rates, &c., can be

the Managers, Messrs. KEEN and BLAKE, Corn Exchange, and Northumberland-wharf, Brentford, W.; and at 78, MarkBy order, CHARLES ELEY, Jun., Secretary. 28, Parliament-street, Westminster.

lane.

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1. That the resolution passed at the General Meeting of the Company on the 2d of December, dissolving the present company and reforming it under the "Joint-Stock Companies Act 1856," with limited liability, be confirmed.

2. That the assets, liabilities and effects of the late Trevalga Slate Company be transferred in trust to Mr. William Col fer, of 11, New Broad-street, London, for sale and transfer by him to the proposed new company, called the Tievalga Slate Company (Limited.) By Order, J. W. SMITH.

4, Lothbury, December 19, 1856.

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ORTHOPEDIC ASSOCIATION (LIMITED): Incor-

porated under 19th and 20th Vict. cap. 47. Under the

management of a Board of Directors.

Major-General GEORGE R. PEMBERTON, Chairman.

Consulting Surgeon and Medical Director-Joseph Ames-

bury, Esq.

Office of the Association, 310,

Regent-street, London,

opposite the Royal Polytechnic Institution.

This Association has been instituted to provide establish-

ments at private residences, in different localities, for resi-

dent or non-resident patients in the upper and middle classes

of society, for the treatment and eure of lateral and other

curvatures of the spine, and other deviations from the natural

figure in the spine, chest or limbs, and of contraction of the

joints, and local and general muscular weakness. The several

establishments will be conducted with the highest regard to

privacy, rank and propriety, and will be under the care of

orthopedic surgeons of the first talent, who will devote their

whole professional services to the patients under treatment.

The modes of treatment practised by the medical staff will

be the most efficient hitherto adopted, and embrace all im-

provements in orthopaedic surgery that from time to time

may be introduced.

All communications respecting the establishments and the

reception of patients should be addressed to the consulting

Surgeon, Jseph Amesbury, Esq., at 26, Fitzroy-square,

London, with whom an interview may be had daily, from 10

to 12 o'clock. Prospectuses, and every Information relative

to the Association, may be had on application to the Secre-

tary.

W. ALBERT JAMES, Secretary.

THE PHOTOGRAPHIC ASSOCIA

TION (Limited). Provisionally Registered. Capital

10,0001. in shares of 101. each; deposit 24. 10s. per share.

harles Vignolles, Esq., F.R.S., Chairman, 21, Duke-street,

Westminster.

Philip Delamotte, Esq., F.S.A.. King's College, London.

Roger Fenton, Esq., B.A., 2, Albert-terrace, Regent's-park.

Professor Goodeve, M.A., F.R.A.S., Woolwich.

Frederick Hardwich, Esq., 1, Clifton-villas, Upper Hollo-

way.

William Lake Price, 5, St. James's-terrace, Harrow-road.

Lewis Pocock, Esq., F.S. A., 20, Upper Gower-street.

Bankers-The London and Westminster Bank.

Solicitor-D. Cullington, Esq., 2, Craven-street,

Charing-cross.

Secretary-Professer Brewer, M. A., F.R.G.S., King's College

This Association has been formed for the advancement of

practical and scientific photography. It proposes to apply

photography-1, to medical, scientific literary, artistic pur-

poses, and to portraiture especially; 2, to take fac-similes of

deeds, papyri, autographs inscriptions, early-printed books

and manuscripts: 3, to open rooms for instruction in photo-

graphy: 4, to collect patterns of apparatus and specimens sf

chemicals for photographic purposes, tested under the super-

intendence of first-rate chemists; 5, to aid the topographist

and illustrator; 6, print negatives for amateurs and share-

holders; 7, to form a library connected with the art for pur-

poses of consultation; 8, to establish a general central place

of meeting for foreign, provincial and metropolitan photo-

graphers connected with the Association.

It has been satisfactorily ascertained that. after payment

of all expenses and setting aside a reserve fund, a dividend

of at least ten per cent., with other advantages detailed in

the prospectus, may be expected by the shareholders.

For prospectuses and shares apply at No. 4, Trafalgar-

square, London, the offices (pro tem.); or to J. S. BREWER,

King's College; or D. CULLINGTON, Esq., Solicitor, 2, Craven-

street, Charing-cross.

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Engineer. James Gascoigne Lynde, Esq., M. Inst. C.E.,

F G.S., 7, Great Queen-street, Westminster.

to the city of Marysville, California, under two concessions

This Company is formed for the supply of gas and water

by the municipal authorities, under an Act of the Legisla

ture, whereby these privileges are granted for terms ex-

piring in 1872.

Marysville is the third city of California in population and

importance. In the two others, San Francisco and Sacra-

mento, gas-works have been already established. The price

of gas at San Francisco is 15 dollars or 60s. per 1000 cubic

feet, and the Gas Company there realised last year 70 per

cent. profit. The Sacramento Gas Works give nearly a

similar result.

Marysville is most advantageonsly situate, being the na-

tural terminus of the water conveyance. In 1852 the resident

population was only 4500, it is now estimated at 18.000; be-

sides this, the transit population is very large. Water is

supplied to the inhabitants at present by water carts; the

charge for a bucket of four gallons is 12 cents.. or 6d., and

two hogsheads delivered daily are charged at 8 dollars (32s.)

per week.

The reports of the British Consul at San Francisco, and of

Mr. Lynde, the Company's Engineer, may be seen at the

temporary offices of the Company, 34, Lime-street.

Applicants for shares will be required to pay 2s. per share

into the Company's bankers', which will be returned on all

shares not allotted.

Applications may be made to the broker, E. F. SATTER-

THWAITE, Esq., 38, Throgmorton-street; or to the Secretary,

34, Lime-street, of whom prospectuses and forms of applica-

tion may be obtained.

S. GRANTHAM BAKER, Sec.

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Hon. Secs.

Montagu Chambers, Esq., M.P., Child's-place, Temple-bar,

London.

Thomas Abraham, Esq., New Broad-street, London.

Solicitors-Messrs. A. and W. Bristow, London-street, Green-

wich.

Bankers--The London and Westminster Bank.

Secretary (pro tem.)- Mr. James Matthews.

Temporary Offices-6, Love-lane, Eastcheap.

This Company has been established with the view of de-

veloping the peculiar nature of this branch of trade, and

with the further intention of remedying the present existing

irregular supply, so much felt and complained of by the

trade and public generally.

To accomplish the above object, the Company has suc-

ceeded, at a nominal rent, in securing the exclusive right of

collecting ice from a large extent of water, the property of

the Grand Surrey Canal and Dock Company. In addition to

which, a lease has been obtained, upon equally favourable

terms, of a spacious plot of ground, with frontage and

wharfage on the banks of the canal, for the purpose of erect-

ing ice wells and other buildings necessary for carrying on

an extensive business.

The Directors anticipate with confidence an enlarged sale

in foreign block ice, and by having secured the wharfage

before-mentioned (eligible from its situation and proximity

to the Docks), are assured of being enabled to offer the public

a regular and continual supply, and upon far more reasonable

terms, than hitherto has been accomplished by those already

engaged in the sale of this article. Indeed, the idea of form-

ing this Company first entered the minds of the promoters

by the knowledge and constant report of the insufficient

supply of ice to the public. With these facts before them,

they are enabled confidently to affirm that a trade, to the

secured by this Company alone; and upon such terms as

would not only prove beneficial to the consumer, but rendr

a large amount of profit to the proprietary-an amount of

profit which the Directors estimate (at the miniinam) at 20

per cent. on the capital.

RIENTAL INLAND STEAM COM-extent of at least ten times the present amount, might be

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Captain Bold, K.T.S., Belvidere-villa, Millbrook, near South-

ampton

Harry Borradaile, Esq., late Civil Service, Bombay

John Bourne, Esq., late of Messrs. John Bourne and Co.'s

Lieut.-General John Briggs, Madras Army. late Political

Agent in Candeish, and officiating Resident at Nagpore

Colonel A. Cotton, late Chief Engineer of Madras

Captain Cotton, R. N., Alport house, Whitchurch, Salop

Major-General Dickinson, late Chief Engineer of Bombay

Montague Gore, Esq., South Audley-street, Grosvenor-square

Lieut.-Colonel Grimes, Hon. E.I.C.S., lately stationed at

Nagpore

Captain Hutchinson, Hon. E.I.C.S., Assistant Civil Engineer,

Godavery

Colonel Atwell Lake, C.B., Aide-de-Camp to the Queen, late

Engineer of the Kistnah Irrigation Works

G. May, Esq. (Messrs. May, Mathewson and Co.), London and

Calcutta

Colonel the Hon. R. T. Rowley, 47, Berkeley-square

(With power to add to their number)

Managing Director-John Bourne, Esq., late of Messrs. John
Bourne and Co.'s, Glasgow and Greenock
Engineer-James Kennedy, Esq., late of Messrs. Bury,
Curtis and Kennedy's, Liverpool
Solicitor-Henry R. Hill, Esq., 23, Throgmorton-street
Bankers-Messrs. Williams, Deacon and Co.
Secretary-John Mathewson, Esq.
Offices, 9, Billiter-street, London.
This Company is established for two reasons-first, because
it is wanted, and second, because it will pay. India wants
cheap means of conveyance for her produce; water convey-
ance is cheaper than any possible mode of conveyance by
land, and 10,000 miles of this cheap water conveyance will
be afforded by the great rivers when properly navigated by
steam. The last dividend of the Ganges Steam Company
was 48 per cent. per annum, and the latest returns of a navi-
gation company on the Godavery was 55 per cent. The field,
however, is far too large to be adequately filled by local
effort, and an English company is necessary, which, with
adequate capital, will render available the resources of
European science.

Prospectuses and forms of application for shares may be
obtained at the Offices, 9, Billiter-street, London.

No person can incur any liability beyond the amount of
the shares allotted.

In conclusion, the Directors believe that to carry out the
above intentions not more than 51. per share will be required
to enable them at once to commence operations.

tion; a further sum of 47. per share upon allotment, and no
A deposit of M. per share mnst accompany each applica-
calls for any further capital that may be required will be
made without three months' notice.

Copies of prospectus and every information may be ob-

tained on application to the secretary.

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G. T.-The office named is very respectable. You need not

be afraid to appear as its agent.

TO RUSHOUT-You cannot form an insurance company under the existing law. The Act that protected them is repealed.

as before.

number will, we hope, exhibit a great advance

ment.

We trust that those who are interested in Limited Liability Companies will make this Journal the medium of their correspondence on will receive immediate attention. subjects affecting them. All communications

The subscription of 10s. for the year, or 5s. for the half-year, may be transmitted in postage R. A.-An opinion has been taken, and the difficulty remains stamps, and, in return, the Journal will be A READER (York).—You have stated your caso so imper-forwarded, postage paid, on the day of publifectly that it is impossible to advise you upon it without cation. more precise details. Our impression is that you have no claim whatever against the company. A PROMOTER -Deeds of settlement are abolished. You sub

drawn by counsel.

stitute for them articles of association, which should be N. N. N.-We calculate that a company cannot be conducted in the cheapest way under 1001. a year. This is inde

pendently of the cost of conducting the business.

NOTICE.

The subscription to this Journal is 10s. for the year, or 5s. for the half year, paid in advance, for it will be sent post-paid to the subscriber on the day of publication. The subscription may be sent in postage stamps, or by post office order. ADVERTISEMENTS for the LIMITED LIABILITY CHRONICLE should be sent to the Office not later than the 24th of each month.

We venture to prefer another request, that the Companies will advertise their prospectuses, notices of meetings, &c., &c., in these columns, for here, those to whom they are addressed, will be sure to turn for all information relating to Limited Liability Companies, and others not having already representatives in the press.

We ask the Secretaries and Officers of Companies to send us their reports, balance-sheets, &c., and any other information as to their doings which they may desire to communicate, and which we will gladly publish without any charge.

We shall be obliged by suggestions of any additions or improvements which may be thought to increase the utility and interests of the Limited Liability Chronicle, they shall be

LIMITED LIABILITY CHRONICLE adopted if practicable.

AND

JOINT STOCK TIMES.

MONDAY, FEBRUARY 1, 1857.

TO READERS. THE Limited Liability Chronicle appears to-day as a distinct and independent Journal.

That there is ample room for it, a wide field of utility before it, and a large constituency to which it may confidently look for support, there can be no doubt.

If the Mining Companies can maintain a journal of their own, and the Railway Companies two journals, and the Gas Companies another journal, among all the miscellaneous companies not comprised within either of these classes the great and rapidly increasing array of Limited Liability Companies, which will very soon outnumber all the rest combined, can and will in like manner maintain a journal devoted to their service, as are the Mining and Railway journals to the service of those two sections of joint-stock enterprise.

Already more than 600 companies are incorporated under the new act. To each of these it is both useful and interesting to be informed of all that concerns the law and the business of companies, and to preserve permanently in their offices a record of their own doings as well as of those of others.

That is the object of the Limited Liability Chronicle. Published on the 1st of each month, it will collect every kind of information useful to directors, officers, and shareholders. Here will be found full particulars of all the new companies that are formed, of the doings of companies, of the law affecting them, as decided by the courts or enacted by the Legislature; instructions for forming and conducting companies; answers by competent persons to the queries of correspondents seeking information; the letters of correspondents on subjects of interest to companies; reports of their meetings of business done, of their progress, or of their winding-up.

If each Company will become a subscriber, at the cost of only ten shillings for a year, there will be an ample support to enable this Journal to carry out efficiently all its plans for their assistance. It is hoped that its very trifling cost will introduce it to the hands of the Officers and Solicitors of Companies, and to not a few Shareholders. As the change to an independent existence, and its consequent increase in size and importance, was not resolved upon until late in the month, time has not permitted the adoption of many improvements which are contemplated. The March

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Full particulars of these, stating their names, objects, nominal capitals, number of shares actually subscribed, &c. will be found in previous numbers of this Journal.

The Royal British Bank affair has passed through some more phases. The new shareholders who subscribed for the new issue of shares have applied to the Court of Bankruptcy for leave to prove against the estate in respect of their advances on such shares, upon the ground that they were induced to take them by the fraudulent misrepresentations of the directors, whose balance sheet showed a flourishing state of affairs when the bank was really insolvent. The court has not yet pronounced its decision,

but from the remarks of the Commissioner it is obvious that he has a strong opinion against the claim. It is of great importance to all parties, for if entitled to prove they would be exempt from calls. The same point has been raised incidentally in the Queen's Bench, on an application by a creditor to take out execution against one of the new shareholders, who objected on the same ground. The court has taken time to consider, but the judges there also expressed themselves strongly against the argument, which indeed involves this practical result:-That in any partnership, if one partner deceives another, the deceived partner may set up that defence to a claim by a third person whose goods or money he has received, and whose demand he wants to repudiate because his speculation has been unsuccessful. In the meanwhile, executions are going against shareholders by wholesale. Many of them have sold off and left the country, and others are preparing to follow the example. One director only has been brought before the court as yet. Mr. Humphrey Brown, M.P., has been declared bankrupt, and has made an arrangement with the official assignee which Mr. Linklater stated in the court to be very creditable to him. He has rendered every possible assistance in the settlement of his very complicated accounts with the bank, and so has saved a vast amount of litigation. The bankruptcy vacates Mr. Brown's seat in Parliament, but not for twelve months. Another incident in this terrible affair has been the perplexity of the shareholders who have had calls made upon them both by the official manager and the official assignee, and they protest that they cannot meet both. We understand that a plan has been suggested for the settlement of the business, without more ado, by the following arrangement:-The wealthy shareholders will subscribe the sum necessary to pay off the creditors, and then enforce contribution from the rest of the shareholders. This will be to them the cheapest course in the end, for it will save the enormous cost of years of litigation, all of which must come out of their pockets sooner or later. We are glad to hear that there is great hope that the proposition will be acceded to. The deposits have been offered for sale and fetch from 58. to 10s. per share after the dividend paid of 5s. 6d. in the pound.

The trial of Redpath has thrown no new light upon the actual amount of money embezzled from the Great Northern Railway Company. It has had the good effect of calling forth a strong resolution of the Committee of the Stock Exchange against the practice of brokers buying and selling shares for clerks and servants-the true source of most of the robberies by officials which have lately startled the world. the following:Among the new companies lately formed are

The continued high rate of interest operates still to the depression of joint-stock enterprise. Where persons who have money can obtain 5 per cent. for it by depositing it with absolute safety in a first-class bank, it cannot be expected that they should hazard it in a jointstock enterprise, however promising. But when the rate of interest falls, as fall it must in a few months, unless we plunge into another war, we shall have a very different feeling afloat. Let 2 be the utmost that can be obtained with safety, and we shall find those who possess money ready enough to invest it in any scheme that bears a promise of bringing them dividends. Then will come the harvest of projectors, secretaries, directors, stags, and all the tribe that lie in wait to profit by moments of public folly. We shall not then count the number of new projects by tens, but by hundreds or thousands. will not enable us to report a tenth of them. as being "for the purchase of hides and skins, A monthly issue The Hide and Skin Company.—It is described We shall be compelled to make a weekly, and their collection on commission for recepperhaps a daily, appearance, while the mania tion and sale on consignment and for making is growing. But the end will be as certain as advances on them." This is a business which that of all former joint-stock fevers. There ought to be very sufficiently conducted by an will be a crash; thousands of families will be individual, unless, indeed, there is some nianiruined; the mischief will be greater and more fest advantage from trading in it with a wide spread than ever before, under the foster-capital larger than an individual would be ing of a law which provides facilities for roguery; and then the country, in sober sad ness, will demand a modification of the law that has wrought such evil. How long it may be before the crisis comes, the wisest could not venture to prognosticate, for it must depend upon the money market; and nobody can foretell the prospects of that.

willing to invest. In this case the capital preposed is a large one, no less than 50,000/. in shares of 21. But, unfortunately, at the time of registration, of the 25,000 shares required only 850 were subscribed The profits of such a business are not easily estimated, but the reader will, of course, take care to s e that they are clearly shown. Indeed it would be

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