The Sun.
London, England, 1855-07-31 00:00:00

LIMITED LIABILITY BILL.

The house having gone into committee on the above
bill, to resume the discussion adjourned on the 27th
instant,
On Clause 1,

Mr. BOUVERIE said it would be remembered that
on Friday last it was proposed to make the minimum
amount of shares 101., to which an amendment was
moved by the bon. member for Lambeth (Mr. Williams),
fixing the amount at 51. He, however, hoped the com-
mittee would support him, and allowthe amount to stand
at 101.

Mr. 'WILLIAMS stated that he had no objection to
withdraw his amendment.
After a uhort conversation the sum of 10/. was agreed

On the same clause,

Mr. CAIRNS moved to insert the following amend-
ment—To leave out remainder of clause, and insert
" and any Company consisting of not less than six
members associated together in partnership under a deed
of settlement for any trading or other purpose (except
banking or insurance), and having its capital stock di-
vided into shares of such nominal value as aforesaid,
transferable either with or without the assent of all the
members, may obtain from the registrar of Joint Stock
Companies a certificate of limited liability, in manner
Itlllk)wing, namely ; —lst, The company shall produce to

the registrar the deed of settlement of the company,
executed by all the partners, and shall deposit
with him a true c3py of the deed for registration.
21. The deed of settlement shall specify the name cif the
company, such name to end with the word " limited,"
and also the business or object of the company, and the
place or places of business, and also the amount of its
capital stock, the number of shares into which it is
divided, and the names and places of abode or business
of its members, and the number of the shares held by
each member. 3d. If the company be a joint-stock
company, within the meaning of the Joint-Stock Com-
pany's Registration Act, it shall, in addition to the mat-
ters aforesaid, and before or at the time of obtaining a
certecate of limited liability, obtain a certificate of com-
plete rep istration."

Mr. BOUVERIE opposed the amendment, and Mr.
AsTIE supported it.
The house then divided, when the numbees were
For the amendment 27
Against it • 39

Majority against

-12

Mr. CAIRNS then moved to leave out that part of
the clause which provided that 20 per cent, of the
capital should be paid up.
Mr. POUVERIE defended the clause.
Mr. CARDWELL supported the amendment.
After some observations from Mr. Wilkinson, Mr.
Malins, Mr. Glyn, the Solicitor-General, and Mr.
Hastie, the amendment wasp withdrawn.
Clause 1, as amended, was, after some further discus-
sion, agreed to, and ordered to stand part of the bill.
After some discussion, clause 2 was agreed to, and
ordered to stand part of the bill.

Clause 3 was agreed to with a few verbal amend-
ments, as were also clauses 4,5, and 6.
On clause 7 being put,
Mr. CARDWELL, although he had very little hope
in carrying his amendment to this clause, felt bound to
persevere in it. The amendment he proposed would be
no disadvantage except to the dishonest man, and
would afford every advantage to the honest trader. The
right hon. gentleman concluded by moving the following
amendment :—" That, when a company had obtained a
certificate of limited liability, every person holding or
having, within such period as hereinafter mentioned,
held a share in such company, shall be liable to pay the
debts of the company to an amount equal to, but not
exceeding, the nominal value of the greatest number of
shares held by him at any one time within one year next
preceding the date of the judgment or decree against
the company under which his liability is sought to be
enforced.

Mr. MACGREGOR deprecated the amendment, feel-
ing assured that the community would do far better for
themselves on securing their own interest than any legis-
lature could effect.

Mr. LOWE deprecated the adoption of any compul-
sory course. He thought that companies that had any
status ought not to be allowed any credit at all. Credit
was well enough for private individuals, tut to allow it
to Joint-Stock Companies who had solvent partners
and men of capital connected with them seemed to him
preposterous.

Mr. lIASTIE was surprised at the course pursued
by the hon. member for Kidderminster, considering
that it showed how little he knew of mercantile trans-
actions, He felt bound to support the amendment.
Mr. MALINS objected to the amendment.
Lord PALMERSTON objected to the amendmenton
the ground that its adoption would in effect alter the
whole operation of the measure.
After some observations from Mr. MITCHELL and
and Viscount GODERICH,
Mr. CARDWELL felt bound to divide on his amend-
ment for the purpose of offering the housean opportunity
of marking its sense upon the subject. He confessed in
adopting this course he had very little faith in the re-

session.

ford, Yorkshire ; all ajainst Beer

MEDICAL PROFESSION BILL.—By Mr. J. T P .
card°, from North Staffordshire ; in favour of.
SALE OF INTOXICATING LIQUORS ON SUNDAY.—By
Mr. C. P. Villiers, from Birmingham ; Mr. Kinnaird,
from Mile-end, Commercial-road ; against.
THE MALTING TRADE.
Mr. HADFIELD asked the Chancellor of the Exche-
quer whether (in addition to the relief already granted
and proposed to be given in the Stage Carriage, &c.,
Duties Bill) it was intended to relieve brewers and others
(as well as their sureties) from the lien of the Crown on
their real estates for duties due and payable, or not due,
but in course of becoming due in the ordinary course of
business, before any actual default of the trader, or any
suspicion of insolvency or embarrassment on his part,
and to rely on the right of the Crown to issue extents
whenever any danger was apprehended, and thus to
enable traders to deal with their property without the
trouble and delay of obtaining consent of the Crown ?
The CHANCELLOR of the EXCHEQUER was
understood to say that the brewers required no relief,
and that with regard to the maltsters, certain indul-
gences granted to them precluded the possibility of the
change alluded to by the hon. member.
THE MALLAGHEA AFFAIR.

Lord PALMERSTON laid on the table papers from
Sierra Leone connected with this affair.

SIR J. MACNEILL'S MISSION TO THE

CRIMEA.

Lord HOTHAM asked the First Lord of the Trea-
sury whether Sir John Macneill and Colonel Tullech,
sent as commissioners to inquire into certain matters
connected with the army in the Crimea had returned to
this country ; whether they had made their report ; and
whether their report, whenever made, would be laid be-
fore the house ? _ _ _

Lord PALMERSTON said that the mission alluded
to by the noble lord had been entirely confidential, and
the report of the commissioners of the same nature.
The commissioners had performed their duty entirely to
the satisfaction of the Government, and efficacious regu-
lations in the public service had arisen from their report,
but it would not be for the bene'fit of the public service
that that report should be published.
THE NATIONAL GALLERY.

Mr. LOCKE inquired if Sir Charles Eastlake had
been appointed to the directorship of the National Gal-
lery, the date of the appointment, and the salry agreed
to be paid to him ?
Mr. J. WILSON said that some months since Sir C.
Eastlake had been nominated by Lord Aberdeen, and the
appointment had been ratified under the present Go-
vernment. Tomorrow morning the Treasury minute
would be distributed to members showing the arrange-
ments that had been made for the National Gallery, and
the appointment of Sir C. Eastlake.
PALACE OF WESTMINSTER.
Mr. GREGSON inquired of the Secretary of the Trea-
sury when the plans and estimates, &c., relating to the
New Palace of Westminster (ordered to be printed on
the 21st day of June last) would be delivered into the
hands of the members ?
_ _

Mr. J. WILSON—On Monday nest.
• CORPORAL QUIN.

Mr. F. FRENCH called attention to the case of Cor-
poral Quin, recorded as having distinguished himself in
the battle of the Quarries, of the 25th of June. The late
Lord Raglan had noticed Corporal Quin in his order of
the day, but since the appointment of his lordship's suc-
cessor no further step had been taken in the case. He
(Mr. French) ventured to ask whether it was likely that
any special mark of her Majesty's favour would be ex-
tended to Corporal Quin ?
Lord PALMERSTON said that in common with others
he was aware of the distinguished services of Corporal
Quin, but was not in a condition to give the hon. mem-
ber any further information on the subject, the hon.
member having given him notice of his question only
two hours before.

ITALIAN LEGION.
Lord GODERICH said that within the last few days
it had been stated in the papers that it was the inten-
tion of the Government to form an Italian Legion. He
wished to know if the statement was true ?
Mr. PEEL said that at first it was not intended to
enrol Italians, but that now it was intended to accept
them in the foreign legion.
CAMBRIDGE UNIVERSITY BILL.

In answer to Lord G. MANNERS,
Lord PALMERSTON promised to state, on Thurs.
day, what were the intentions of Government with re
spect to the above bill.

ult.
' he committee then divided, when there appeared
For the amendment l5 •
!ainst it 7B
The am! ajority against the amendment
ent was consequently lost.
At this mom
OYAL COMMISSION.
Black Rod, appea
Ir. Palma°, the Deputy Usher of the
house to the House
at the table and summoned the
given to certain publio • eers to hear the Royal assent
• d private bills, for which see
Lords' report.
The house adjourned shor •
after four to six o'clock.
The house resumed at six o'clo.
PETITIONS PRES and was
NEW BEER BILL.—By Mr. Cheet% D•
stone ; Mr. Hayter, with 374 signature,.. from Maid-
ton, 458 ; Mr. Pella% 748; Sir W. Cla ord Ebring-
Williams 506 ; Sir W. Molesworth, 462 ; 18 ; Mr'
433 ; Sir J. Shelley, 353 ; and from Mayor, ' assay,
Oxford ; Mr. Oliveira, from metropolis ; Lord Go• of
from Bradford. Yorkshire : all arminst Beer Bill o