The British Press; or, Morning Literary Advertiser.
London, England, 1826-06-30 00:00:00

LONDON CORN EXCHANGE COMPANY.

Yesterday s Meeting of the Shareholders df this Company was
held at the Company's Otter, Mark-lane •
D. J. NAZE n, E-q. in the Chair.
The Solicitor to the Company said that the Meeting was eon.
yet Ni for the purpose of taking into consideration the propriety of
paying hark the full amoUnt of the deposits viceired on account of
shares from those Shareholders who had not signed the Parliamen-
tary Contrart. _ _

Mt. MSDALE said he had a Resolution to propose, which he
tnisted would meet with the sanction of the Meeting before he
should do NO. lie begged leave to observe that the expense of the
New Exchange would not require more than OM., with what has
already been subtcribed for the purpose, and the question was,
whether or not the Company was to be classed with those bubble-
( ompanies which have so recently disgraced the country, and whe-
ther, in the sacrifice of 290/. In the repayment of those Shareholders
who had not signed the Parliamentary Contract, it would not be
placing the Coinpany high in public confidence. lie concluded by
inovieg a Resolution for the repayment of the full amount, to those
Shareholders who had not signed the Parliamentary Contract, which
Was seconded.

The CHAIRMAN, In potting the Resolution, observed, that he
was of opinion it would he much better to repay the Shareholders
the full amount, than to deduct any thing whatsoever for expenses;
irdeed the expenses were so trifling, it was not worth while; they
would not exceed 2s. 3d. a %hale; and it would shew the public
that the affairs of this Company were not conducted as these of
Many other Companies were. lie then put the Resolution, which
passed unanimously.
Mr. DIMSDALE had to corgrarulate the Sleeting cm the great
economy with which the Directors managed the affairs of the
Compary ; he was happy to be able to assure the Meeting,
that not a Angle shilling had been expended unnecesiarily ; and he
bail no doubt but the undertaking would amply repay the Share-
-1 alders, and in every way fully answer their most sanguine ex-
pectations. (Applause.)
Tt•e CHAIRMAN said, that he thought it necessary to inform the
Meeting, that a further call would b, shortly made, in order to en-
able the Directors to pay for those buildings where the New Market
war. to be erected.

SHAREHOLDER was happy to inform the Meeting, that
there was the strongest feeling possible in favour of the Company's
undertakings ; those who held ground where the new building.
t. cre to be erected, hull come forw%rd in the most liberal manner
Lossible to facilitate the operations of the Directors ; and he felt
coLtident that there would be no difficulty in carrying into effect the
ve4 ~,ta of the Company. ( !fear, hear.)
the CHAIRMAN caul there would be very little difficulty indeed,
as all parties had met the views of the Directors ; with the exception
of one case, which he thought should be left to a Jury.
A Resolution was then passed, to enable the Directors to carry
i7to effect the object of the first Resolution, namely, the tepay-
rrent of the deposits to thou Shareholders who bad not signed the
R'adiamenury Contract.
Thanks were then given to the Chairman, and the Meeting
Levis up.