The Express.
London, England, 1858-09-01 00:00:00

12411118 ON "WON .rozzizsrocir COMPANIES:

1 The Tribunal of Correctional Police at Peen has
jade bad occapied two days by another of than ones which
Lars ban so frimusat of late—swindling in consezion with
companies en Immaiesblits. It wee crud that la 1864 z
roalld th'dom irrA7Bot, sad ae:he ljr, called the Company de: 4a9611
i with • capital of 2,600,00Df., which was stthesgmatly in-
mend to 6,000,0001., were brood ; sad that at the throne
one Salmon, of the latter owe Berea, his brethse,ia-law, were
pereefe. In June, 1867, &thou redgmed, mod la October
followleg, to the great evens, at the sherelesiders, ties We
ono ay we lettered bankrupt. This led nea investiga-
aka el the again of the two ammonia% which Win mined
ay , aed it turned out that those Whim Inn so
, end that their amounts wen to reek onfamion,
that the prisons situation of wither meld he eseertethed ;
that, in hot, emampt other thiap, the VOMltile
pretended that the Gas Gesopeny owed it 300,000t.C=
the Gas Company claimed 400 000 f. from the Vermin; but
that, amarthsion the 16,000,0001. anoint of the two corn-
' panne had been diselpated. It farther thread oat that
whoa the Gee Coothemy was established, a person wined
Valetas who is now deed, was aherpd to issue the
sad that though he had received 1.223,2 W. for them, tiara
not handed over one is/thin to the company ; but that Sal.
mod had dissimulated this heavy lose. It also appeared
that though he (Selman) received from the company
2,400,000 f. worth of therm for some pitied he had taws-
fdesad to h, • salary of 20,0001., dad we entitled to 26
per oat. of the profit; he contrived to realise a profit
of upwards of 128,0001. by en irregular ash of
some of his shires to the company. Lastly, it
tuned oat that, In addition to groom irreaularitie sod nth-
annegetnent, he had distributed dividenda oat of capita/ at a
time when the company warn notoriously insolvent. With
regard to Baron, it appeared tbet be bad improperly realised
• profit of 180.000 f. by Unfeeling In shares of the Gas Cam.
piny; had emberzied sororities worth 100,0001., belonging
to the Verrerimi and On Companies, 600 shares in other
compenies belonging to the was Cowpony 10,0001. in money
b=
to the Verreries Cay, sad 4,481 shares be-
la &Sweat poison ; tho, that he had paid divi-
dends out of capitol, and had on one occasion, after declaring
one of VOL when the Inns were enormous, had the im-
pedes/fa to make the shortholders vote him • " gold medal
of honour" worth 600 f, - and, lastly, that he bad com-
mitted sundry violation; at the law on emepeales
ea eareirwedim. It wee further amertaleed that ow
Roulther, who was concerned in getting up the
Vannes Company, and who we a member of ha Coned de
Surveillance, had knowingly tolerated some of the hiegaler
acts of Bane, and bad advanced him money at the usurious
interest of more Una 40 per cent. ; and, finally, that then
was reason to believe that another member of the some
coesen, named Vieth, bed been privy to the eleheatherat
of the 10,0001. In =penman OfZioaltne awl* IS "a
decided by the law autharthes tint end Berea shad
be seamed before the themithe the Sliese as Aoseeeles,
to Whig sent hare th meted Amnia, ft
=rout tt°"helr acts ao am technically "
and should* be brow* to trial at MOO biblirtitS
Tribunal of Coneitheeet Police for OW of them as
are described se " Waft ;" also Milt Reuniter sad
Vinci should be trial by the tribunal as the ems
time for the came they had committed. It we
We Wel Atoll pet hikes piece. Salmon sad Baran
Niel the that, ea all the ads alleged
whole,' they ought not to bo
=de elms ead Whew ; sad that outaequatly the
tribunal hell as pewee te try them with the Cheuthree dm
Mee aa Aaerellea abseil have deeded whether thewen
le be oat belie the Chart el Amble or not. The
dveerated the *lam ; Ithrte= BOOM Old
theogh le the arks et .
than
that
:Le%&halt. n• Whale! thane liazing
dahlia that Baron bad bear of the
" Whom" el embeathemat, lewd* , end
violation af the her al esii.nsaien, sad Is eindimmol him to
five years' latprimmest aid 3,000 f. hal ; Saloom of violet-
imir the law ca 002,,inke, ante it OVINSSOiI MIS to two
years' in.prionament lad 00f. fin.' ; Rolfilliw of usury.
sad It seethe ad his to three etiothe imprisommat and
20,000 f. die. As to Vine, it disaharvd him— Galigertsa.

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