The British Press; or, Morning Literary Advertiser.
London, England, 1826-06-03 00:00:00

L'Nli ED C'HILIAN ASSOCIATION.

Some time since a meeting of the United Chillan Company took
place, with the particulars of which our readers are already ac.
quainted. They will recollect that an adjournment had been agreed
to on that occasion to the 2d of June. Accordingly, at one o'clock
yesterday, several of the Shareholders assembled at the George and
`Vulture Tavern, Cornitill, under an expectation that Lord Teyn.
ham would be there, according to promise, to take the ('hair. A
quarter of an hour, howevet, having elapsed without any appear.
aocc of his Lordship, and it befog understood that lie did not in.
tend to favour the Meeting with iiis presence,
Mr. ANICIIINII was voted to the Chair.
The Calm amax then informed the Meeting of some occurrences
which had taken place concerning their interests. since he had lan the
pleasure of seeing them. In that interval he had twice been visited
by Lord Teynliam, at his office. (In the first occasion his Lord-
ship pledged himself to attend the Meeting appointed for the 2d of
Jure, under the impression that the would be forthcoming to
the Shareholders, according to arrangement. His Lordship so.
lemnly passed his word of h-nour to that effect, and he (Mr.
Anichini) confiding to the fulfilment of that promise, wrote a letter
to the Chairman of the ensuing Meeting, which mentioned the
particulars of the conversation, and with which, as it was then
read, the Shareholders must be acquainted. On Tuesday last Lord
Teynham again called at the office, and left word that he should on
Saturday attend there, as he wished to speak to him (Mr. Ani-
chini) concerning the inutility of the Meeting intended for the 2d of
June. He (Mr. Anichini) wrote a letter to Capt. Cueson, in which
he represented the very awkward situation i s which Lord Teyn.
hant's refusal to adhere to his promise would place hint, &e. On
Saturday Lord Teyt,ham called at the office, and represented that
it was out of his • power to pay the 30f f. on the 2tl of June, and
that consequently it would be of no use to convene the Shareholders
on that day. The only result would be, to excite their irritability
and sarcasms, which he thought it would be more prudent to avoid,
by absenting himself, and On that supposition he determined tow.
His Lordship accordingly submitted to hint (Mr. Anichitin an ad-
vertisement to be Insetted In the newspapers, in the following
words:—.

" UNITED CHILIAN COMPANY.
" Tire adjourned Meetink, intended for June 2, at the George
and Vulture, will not take place till further notice, as the Directors
intend to institute proceedings against 31r. Hendricks, to recover
the inoncy received by him. Those who have not had their 31. 4s
upon their respective shares', by leaving them, on or before the 10th
of June, at Mr. Apichines, No. 20, Clement's-lane, will receive
checks for the amount."
lie (Mr. A.) remonstrated on the breach of promise which such a
mode of proceeding would be, rand this Lordship said that he did
not know what so do. If Ire were to pay the money to the Share-
holders, the assignees of Mr. Hendricks would then have it in their
power to apply to him for payment to themselves, whereby he
would be subject to a double responsibility. lie (3lr. A.) re-
minded his:Lordship that the promise which was made to the Share-
holders, Of getting 306/. on the 2d of June. was unconditionally
made, knd that they would expect that it should be ptinctuelly
complied with on that day. Ile also told his Lordship that on ap-
plication to the bankers in this respect, they informed him that they
considered themselves hound to pay to the Shareholders, and not
to tire assignees of Mr. Hendricks. He then more strongly urged
on his Lordship. the necessity of paying what he had promised, and
of not compromising his honour, as a refusal would do. A person
who would not redeem his pledged word, under such circumstances,
could not pretend us morality, more than a woman who walked the
streets at night could pretend a claim to modesty. His Lordship,
however, persevered in his determination not to pay, and not to
subject himself to the censures of the tneeting on tire 2d of June.
Altogether, it was most shameful.
Mr. Evasts said that he did not think that any good iru to be
expected to the Company. The proceeding only proved that his
Lordship had lost his name and the Company their money. There
was a balance of tot in the banker's hands, and the application of
that sum, wh:cli was the only tangible cash, was, as it appeared to
hint, the sole subject lett for the consideration of the Meeting.
Sonic Shareholders having suggested the propriety of giving it
to Mr. Norcott, whose bill has not been paid,
Mr. 11E111311CM; staid he did not know who was strictly entitled
to that money, but he had no objection that Mr. Norcott should
get it in payment of his bill. With respect to the reason assigned
by Lord Teynham for cot paying the Shareholders, mottling to
pmenise—apprehension of a subsequent demand from his (Mr.
11.%) assignees, there was no validity in it, as he could produce a
tiemament from the assignees to exonerate him from all future re-
sponsibility to them. Ile (Me. 11.) had no claim, and thought
drat Lord Teynhasn was indebted to the proprietary. The money
winch he had received was :etaineal for money due by his Lordship
on shares for which he had advanced cash. Ile expected to have
seen his Lordship there to-day, and if so be would account for the
transactions Which concerned the business. He was then advert-
ing to some arrangement entered into between Lord 'l'. and him-
self. when
The CHAS/DIAN said he knew nothing of any stipulation which
the Company had entered into with Mr. Hendricks, except on
emetiogmicy of sta...em, in which event he was to be romancer
will %nu Any promise made by his Lordship was privet*,
Word the Company nor him (Mr. A.) The Chairman
Mc Hendricks with the unfair opportanky *lnch he
WNW of attacking him at the last meeting, from which be
eurevoidably obliged to be absent, and consequently had no mesas I

of refuting the charges Men. prfarred. Such conduct was not jus.
,inable. As to the letter whack hits Hendricks at that time RI.
leged that he (Mr. Ankbhd) igratpoo the effette that lb would pity
all the au bscrlbrre without 110Ine. It tesit *titian ander the us.
invasion that ehc banker. would attf.atfuse to given. 'hat money
they itch] ; but the ease wu shored when the/ Aoki him that they
could not consent to Sox. without the sanction of Load Teynbam,
of Captain Curion, and of Al..- Hotta. He-did oat tear to have
his conduct investigated to-morrow at the Exchange, bet did not
approve of at tacks on his charactei When he was stet present to vin.
dieate his actions. It was nor right to watch mail unities.
et=
Mr. HENDRICKS protested that he had not any -
nriity of the kind. ten the meestoo referred to that
Mr. Anichini would take the chair. lie did net Nagler* that be
made any attacks on Mr. A. at that meeting. There certainly was
no premeditation in the case ; atm:wend persona now 'lnvent might
remember that lie then delivered his sentiments as what mmarred
was natutally calculated to excite. In respect to remuneration, be
wee in possession of a letter from Mr. A.'s clerk, in which it via
specified that the sum of 4.01/. wee to be aaalgued to him for his
services.

The CHAIRMAN denied that there was any writing to that effect
from him.

Mr. Hawbarccs thought that Lord Teyohem should be
asked.

A SHAREHOLDER said it was of no use to apply in that
quarter.
Mr. lIE lr DRIERS Raid he should only observe, that he gave
credit to ,Mr. Aniehini at the former Meeting for his intention.,
without adverting to any documents.
Several Shareholders said that It was not a matter of credit.
Mr. II EXDRI L cs only said that there should be Goole indemni.
firetion. As to the reliance which he entertained of Lord Teyn.
ham's competency to pay, he did tint feel any confidence, as he saw
a bond of his Lordship's for 1,0001. offered for MI.
A SHAREHOLDER observed that those matters were of a
personal nature, and had nothing to do with the object of the
meeting.
The CHAIRUAN amid he did net expect that any Shareholder
would receive front Lord Teynhatn as much as could purchase a
pound of potatoes. (A laugh.)
A SHAREHOLDER wished to know whether the bankers were
not responsible to the Company Muthemoney lodged with them.
Another SHAREHOLDER said theta resolution to the effect of
that question would be proposed. 1,.4, - -
The former SuAREDDLDE it Aloe* that when the bankers re-
quired the guarantee of Lord Tey n ham, Cape. Corson and lir. Bone,
previoualy to the payment of 3/. 4s. per share, they seemed to be
of opinion that those persons were responsible to the Company, as
their agents. Of the dividend of 31. 4a. he had not received any
thing. He thought the 101. surplus ought to be given to some
chanty.

Sonic desultory conversation ensued as to presenting a petition to
the House of Lord., which dropped without any decisive result.
Mr. HEX on ICE.II then detailed the cause which justified him in
retaining the amount of the money which he had received by dine.
lion of Lord Teynitarn, and thought he had a right to keep, as Me
Lordship was indebted to him for forty Peruvian Shares, which his
Lordship borrowed on condition of returning in five days, but
which in two hours after he said.. -The money of the sale he re-
tained. When he (31r. H.) waited on Captain Curzon, the latter
expressed surprise that he did nut know his father better. The
Captain then inquired if he got the 3001. for the deposit on the Pe-
ruvtan advanced for Lord T. Mr. Hendricks mod that he had gm.-
ten only GM by the sale of cornea the shares. 111 r. H. then gave an
account of some transaction regarding the furnishing of his house,
un which occasion Lord T. gave hint an order on a bank for 3001.,
which was refused to be paid. He therefore considered himself
justified in keeping the money which he had to pay himself.
A SHAREIioLDEL—But you bad no right to keep the money
belonging to the Company.
31r. HENDRICKS—I know nothing of the Company.
SHAREHOLDER—ThaI is surprising, as it originated with you.
A SHARI:HOLDER having inquired when the occurrence respect-
ing the forty Peruvian Shares happened, and being told on the 3d
3lay. 1025, expressed astonishment that the circumstance was not
saner communicAted.
Several SHAREHOLDERS observed, that if they had known
what had recently transpired of Lord Teynham, they would not
have subscribed to • Company of which he yea a Director.
In reply to some Shareholders who had not gotten the 3/. la. on
their respective Shares, _

The Cilium)! A N said that he would be happy to tee the gentle-
men so circumstanced at his office on the 10th June.
A long conversation then followed respecting the authority which
justified the bankers in paying the money as had been done, to the
order of Lord Teynhant, Captain Curren, and 31r. Hone. It ap.
neared that on paying the checks so drawn, the bankers were jus-
tified by the arrangement of the Directors, all of whom had agreed
that the Signatures of three would be sufficient to render an appli-
cation of tile kind valid.

Mr. CLARICE thought that the plea of Lord Teynham wee a
paltry subterfuge. The Company was, in fact, altogether an abor-
tion ; for of the 10,000 shares' contemplated for its f..xmation, only
400 were subscribed, and yet Lord Teynham had given the money
so received to Mr. Ilendrieks, to be applied or misapplied, as he
pleased. He was glad that Mr. Hendricks attended to-day ; and
conceived that Lord Teynham's abaerce was occasioned by want of
principle. He would ask him, if he had come, to rtrilecm his ho-
nom., by payinft the paltry sum which he had promised. Mr.
'Clarke then continued to inveigh against his Lordiikilp's conduct at
grew length, and with conalderible asority.
The CHAIRMAN thought that Ilvalone was very reprehensible
also. Ile had not even answered a letter which had been sent to
him on the subject. Mr. Clarke ought not to spare him. •
Mr. CLARK% said that he met Mr. Hone, with whom he had
some Coil ersation relative to the 1501., alleged to be due by him,
by Mr. Hendricks' statement. The particulars he did not perfectly
recollect, but the purport was to disprove the assertion of Mr. Hen-
dricks. This latter individual had, on his own statement, gotten
97 shares, of which 2G were cancelled, and for cancelling the re,
mainder he said he was waiting for money from Lord Teynham.
That instal .e showed that there was Very improper tampering with
the property of the Company ; for Mr. Hendricks had appro-
priated to a different purpose what belonged to the Company,
as they were entitled to the value of what was bought fur them.
Mr. Clarke then adverted to the want of honour exhibited in •
transaction in w. ich 3 Lord was implicated when the Bill of Mr.
Northcote, the solicitor, for only 131. was sent in and not paid. It
was then proposed to pay the 101. surplus to :Ir. Noreoit, who said
that the costs of printing were not yet discharged. Mr. Clarke was
so-ry that Lord Teynham was not present, as he would speak to him
in such a manner as would be calculated to prevent him from
repeating such conduct.
The CHAIM MAI; said he doubted whether such would be the
effect. (A laugh.)
A SIIAUF.IIOI.DER thought that antr caustic to his•bordship's
feelings on this point, would be as ineffectual as the application of
a blister to a wooden leg. (A laughj
Mr. II ENDlttcxx denied that 31r. Hone was badly treated by
Wm. He did not wish to screen himself.
Mr. NEwatast said Mr. Hendricks did not screen himself; he
only exposed himself.
Mr. CLARK E,propused a Resolution to appoint a Committee of
Three, in order to consult with a legal adviser as to what steps,
criminal or civil, it would be best to .pursue under the circum-
stances.

A SHAREHOLDER could not perceive any use in adopting the
Resolution. It would be only throwing good money after W.
Mr. CLAnkE Raked, if Ida Dockets were picked on the highway,
would he not pursue the thief ?
The Resolution was put and carried.
The Chairman left the Chair, and the Meeting win separating.
when we heard ti..tt waiter inquiring who was to pay for the room ?
How this important matter was deckled we could not ascertain.
BRITISH ANNUITY COMPANY.