The Sun.
London, England, 1865-10-16 00:00:00

ATLANTIC TELEGRAPH.

An extraordinary general meeting of this company
was held on Thursday at the London Tavern, for
the purpose of rescinding two resolutions passed at
the meeting in August last, and of authorising the
creation of new capital to be entitled to a preferen-
tial dividend at the rate of 12 per cent. per annum—
the Hon. J. S. Wortley in the chair.

Mr. Saward, the secretary, having read the notice
convening the meeting,
The CHIR3IAN explained the necessity of adopting
the proposed measure, and contended that there could
be no question as to the wisdom and policy of mak-
ing fresh efforts to complete the important work in
which they were engaged, and to insure the success
of the undertaking. Although they asked for power
to raise £BOO,OOO of new capital, all they really
wanted and would issue was £600,000, which would
leave a margin over the actual expenses of laying
and completing the cables. He concluded by
moving resolutions rescinding the resolutions passed
at the extraordinary general meeting held on the
9th of August last, and authorising the issue of
further capital to the amount of £BOO,OOO having a
preferential dividend of 8 per cent. per annum.
The resolutions were unanimously adopted.
The CHAIRMAN moved that the capital of the
company be increased to £2,000,000 by the creation
and issue of 160,000 new shares of £5 each, to be
entitled to a preferential dividend of 12 per cent.
per annum on the amount paid up thereon, in
priority to any dividend on any other capital of the
company, and also, in proportion to the amount for
the time being paid up thereon, to be entitled to
participate equally with the other capital of the
company in any moneys applicable to dividend
which might remain after providing for the above
dividend of 12 per cent. per annum, the preferential
dividend of 8 per cent. per annum on the consoli-
dated 8 per cent. stock of the company, and a divi-
dend at the rate of 4 per cent. per annum on the
consolidated ordinary stock and shares of the com-
pany. He said the effect of the resolution would be
to give the holders of the new capital an absolute
preference of 12 per cent. per annum.
Mr. CROPPER seconded the motion, which, after
some explanations in reply to questions by Mr.
Taylor, Mr. llolgate, and other shareholders, was
carried unanimously, and the proceedings concluded
with a vote of thanks to the chairman.

BREAKFAST BEVERAGE.—Homoeopathic praztitioners, and
the medical profession generally, recommend cocoa as being
the most healthful of all beverages. When the doctrine of
homeopathy was first introduced into this country, there
were to be obtained no preparations of cocoa either attrac-
tive to the taste or acceptable to the stomach ; the nut was
either supplied in the crude state, or so unskilfully manu-
factured as to obtain little notice. J. Epps, of London,
homoeopathic chemist, was induced in the year 1839 to turn
his attention to this subje.t, and at length suc:eeded, with
the assistance of elaborate machinery, in being the first to
produce an article pure in its composition, aad so refined by
the pert et trituration it re:•eives in the process it passes
.hrough, as to be most acceptable to the delicate stomach.
For general use Ens' cocoa is distinguished as an invigo-
rating, grateful breakfast beverage, with a delicious aroma
Dr. Hassan in his work, "Food and its Adulterations,"
says—" Cocoa contains a great variety of important. nutritive
principles; every ingredient necessary to the growth and
sustenance of the body." Again, "As a nutritive, cocoa
stands very much higher than either coffee or tea." Direc-
tions : -Two teaspoon !iils of the powder in a breakfast cup,
filled up with bailing water or milk. Secured in tin-lined
1-lb., i-lb , and lib. labelled packets, and sold at ls. 6d, per
lb. by grocers, confectioners, and chemists.