The Sun.
London, England, 1853-11-18 00:00:00

CONSERVATIVE LAND SOCIETY.

Last evening, a very numerously-attended meeting
of the shareholders of this society was held at the Free-
masons' Tavern, for the purpose of drawing for SG rights
of choice. Among the gentlemen present we noticed
Viscount Ranelagh, W. Cribb, Esq., J. G. Maitland,
T. M. Holmes, Dr. Worthington, J. Harrison, Esq.,
G. Morgan, Esq., C. L. Gruneisen, Esq., &c.
Shortly before eight o'clock the chair was taken by
Lord Ranelagh.
The CHAIRMAN said, that on occasions like the
present the shareholders prefer at once to proceed to
business. He would, therefore, call upon Mr. Lewis to
address them. By that gentleman's duing so, he would
obviate the necessity of a number of directors making
speeches.

Mr. LEWIS said he would not dilate upon what had
been already done, or go at length into dry details. In
fixing the amount of shares at 501. he knew that the

remark had been made, why should you charge 501. for
that for which other societies only charge 30/. ? He would
tell them the reason. It was in order to prevent tho
shareholders from disappointment in the exercise of the
franchise, that they had been daring enough to forsake
the beaten track. In other societies, whose rights of
seniority are still drawn in units, the lowest
number, on our list was 537, and that number
would be satisfied at the termination of the even
ing's proceeding, so that there was every pros-
pect of numbers up to 2,000 or 3,000 soon receiving
their allotments. In building upon their estates, certain
restrictions were laid down, and rigidly enforced, so
that one member would not be allowed to depreciate the
property of another by the erection of a building of,
comparatively speaking,, trifling value. If any gentle-
man drove in his gig round London, to Bow on the east,
Hammersmith on the west, Hornsey on the north, and
Dulwich, on the east, he would find in each of the direc-
tions he had mentioned, and on the estates of many
societies, ample evidence of the necessity and benefit of
the stringent restrictions laid down by this being
enforced. On the Ealing estate two houses had already
been built, six more were in course of erection, and2o to at
the expiration of 12 months, no less than from
25 would be completed. With respect to the last purchased
estate, St. Margaret's, near Richmond, it would, indeed,
be a great pity to raze to the ground the beautiful man-
sion lately erected by Lord Kilmory, yet he ewoatsbeing able
barbarous
enough to say that, in the event of their n
to dispose of it to the advantage of thejust society,sta tedaaw°
case,it
must come. He (Mr. Lewis) would
showing the advantages held out by this
sharesociety
and: A
one member took an allotment, which cost. him a
fourth,
191.12 g.
a half, viz., 781. Bs., and paid f
age,
It would take him 71 years to
71. payinstalmsents of off the mortgage,
and cent.
155.;
and 5 per cent, interest, by
monthly
betweenthe ground
rent he has actually received, therefore, take interest ontherel9oe/.125. at
for 71 years, 10s., th.evect, difference
and will receive, of 71. 10s. a
year after the first, and his
monthly instalments to pay
off the mortgage amounted to 18/. 155., interest thereon
total of 49/. 19s. He thus gets, at the
4/. 25., making a
end of 74 Years' a
as freehold
ground rent of 71. 10s., worth
at 25 years purchase
1
155., which has actually cost
I e 1 78/.
him out of his own pocket only
491. 19s. JTe
(Mr
.
Lewis) then concluded, by saying he had no doubt that
I
the future of the society would be as prosperous as its
youth had been vigorous, and that, by the cambinel
efforts of all, it would accomplish all the beneficial results
expected of it. (Applause.)
The drawing of the numbers then commenced, and
were declared by the Secretary, viz. :-6265-6- 552,
5,567, 1,574, 3,871-2-3, ,
1,650.7 8, 2,973-4,7,
1,251-2,
1,406, 4,806, 1,557, 2,888-9, 2,890, 691, 3,581'2'3,
645, 4,678, 1,679, 3,762, 4,279, 4,571, 3,556, 3,905,
2,863-4-5, 559, 6,143, 2,984-5, 5,929, 1,609, 1,610,
4,913, 3,934, 7,052.3, 3,200, 3,202, 4,569, 4,570,
1,130-1, 2,413, 510, 1,220, 6,011, 4,345, 3,059-60-61,
1,120, 6,483, 3,156, 5,546, 5,727, 4,383-4, 6,843,
6,389, 3,945, 6,644, 1,878, 5,535, 5,810, 5,353, 6,781,
2,452, 1,501, 3,074, 3,118, 4,779, 4,780, 6,524, 1,644,
5,601-2-3.

A vot of thanks was then awarded to the noble
Chairman, who acknowledged it, and the proceedings
terminated.