The British Press; or, Morning Literary Advertiser.
London, England, 1826-03-16 00:00:00

GREAT WESTMINSTER DAIRY COMPANY.

A meeting of the ,41tareholtlers of this Company took plate
'meshy. at their office in (heat Charlotte-street, Bloomsbury.
John Henry He.eon. F. 39. In the chair.

After the-by.law had I;een read, which caused the meeting to be
convene,

The SECRETARY read the Report. It stated that the accounts
were up to the 10th of December last, and detailed the opera-
tions of the Company from ha commencement. From the great
and unavoidable expenses attending the purchase of farms and
farming utensils, the Die:cora felt it their duty to call a meeting
of the shareholders; to consult whether they would content to re.
linquish the object of the Company, or pay a further call of 21.
which wou:d fully enable them to conduct the business so as ulti-
niatzdy to prove highly advantageous.
The CHAIRMAN said it was itnpoasible, from the nature of the
business, to come to an exact estimate of the profit and loss.
He then road several accounts, only one of which was signed by
the Auditors.

In reply to a question by a Shareholder, the Chairman stated,
th it In September the Company had G 79 cows, and an March
only 599.
111 r. DE TIEEE felt ratisfied that the concern was an unprofitable
one, and commented upon several items of the account., particu-
larly the attorney's bill of costs, which amounted to I IOU!., and
which, he said, was nrginally larger. He then moved that a Cont.
mittee of seven shareholdtrs should be appointed to examine the
accounts, end ?roan the result of the proceedings to the general
meting, to be held next month.
The CHAIRMAN then entered into a further explanation of
several den-Options of property belonging to the Company; and
natal that in awns instance% it had considerably increased in value
—the Quadropt Simian was worth 300/. more than it cost, as a

A SHANEIIO nut said that more business was done in June with
&small capital. than in the aninetiornt months with a linger capital.
Wise Close (Managing Director) replied that money was then
des, sod that the subsequent calls went to liquidate those debt .
Mr. THIAT LETO). thought the buildings undervalued, and
strongly animadverted upon the inareuraey of the accounts.—there
was an omission of an article of 6001. He wished to see the ex.
tent of his liability, and not to legislate in the dark.
A SHARED; •LDER said that the account was only made up to
the IWh of Seitember.
(:Lose said that the omission was quite unintentional ;
al! this SECOUSSA tart Opel to the inapection of the shareholders.
The CHAIRMAN trusted the shareholders would acquit the Di-
rectors of withholding one shilling ; they received no recuunaation
fee their trouble.

Mr. Be Buett, thinking it impossible for the Company to suc-
ceed, said he would again move his resolution.
A Sittaaxmotoca esinerived it would be better for the Directors
to curtail the number of stations, and thereby decrease the expenses.
The CRAIIMAX replied, that they had not sufficient capital to
supply the custom. Twenty thousand pounds more would be quite
sufficient to carry on the future operations ; the greatest care bad
been taken in the selection of stations.
On the CHAIRMA • putting the motion, that a Committee of
'even shareholders be appointed to examine the accounts, and re-
port thereon, in April,
A fitiaatitot.rinn said, Ware that motion was put, he begged
to more, that the 4:tnnpany was in a prosperous suite, but that the
mationayhould be curtailed.
Mr. Dr BUCR said the mesting wits not in possession of infor.
elation to come to any mien conclusion.
A 811AilltHOLDER—The Directors, at the last meeting, stated
that W. per share would be sufficient.
The Ccantarax denied this assertion, and said he was satisfied
"4" the "'ten° wouki Provo Profitable. The accounts were open
to the inspection of the proprietors. The l'ompany ass not a bub-
hie got up for stook jobbing purposes; 7,1117 shares were paid up
in the first instance, considering the pressure in the money market,
•ith gr at promptitude. It was a subject tor future consideration,
as to the propnety of forfeiting the shares that were not paid upon.
A Doer( Tnit said, it would be most injudicious to think of
parting with the unman during the prraent general pressure, and
Proposed to add 200 cows to the stock of the concern.
A SIIMIEHOLDER made an allusion to Mr. De Buck, as being
Ili-qualified to move the original resolution, not having paid up the
calls and signed the deed.
This caller! forth acme animated observations in reply from
another Shareholder ; and
Mr. Die Bites; stated that he was an engaged that he was not
aware of the call; be had no objtction to sign the deed and pay the

The ('tuts v then put the motion, that a Committee of aeven
Nharehaiders be appointed .0 examine the accounts, anti to report
thereon that day week, which being tarried unanimously,
Thanks were voted to the Clutinikan and Directors, and the meet-
in; adjourned to that day.

The ctickgo appears in Sumac( about the third week in
April ; in the neixhbourhood of Edinburgh about the se-
cond week in May. lay this competent judge it is thus
decided that there are three weeks difference in the seasons
kovan Scotland and Sussex.