The Sun.
London, England, 1853-03-30 00:00:00

THE CANADA COMPANY.

The annual meeting of this company was held yester-
day, when the chairman (Mr. C. Franks) was re-elected
governor for three years. Sir J. Easthope, Mr. J. W.
Freshfield, and Mr. Wilson were also re-elected direc-
tors for the same period. Mr. Gillespie, the retiring
auditor, was re-elected. A statement was laid before
the meeting relative to the sales and leases of land for
the past year, from which it appeared that 24,686 acres
had been sold, and 56,941 acres let on lease. The re-
ceipts in Canada had been 56,7501. currency. The cost
of management in London had been 3,2731., and in
Canada 5,1221., and the entire cost had been 18,616/.
A comparative statement of sales, leases, and receipts,
from the Ist Jan. to the 11th March, shows the follow-
ing results :

1852.
Acres.
4,769
9,824

1853.
Acres.
16,627
4,056

Land sold
Leased ....

14,597 20,683
The amount realiped per acre in 1852 was 16s. Bd.,
and 18s. 3d. in 1853. The receipts for the above period
in 1852 were 14,945/. 16s. 10d., and in 1853, 27,810/.
14s. 2d. The lands converted into freehold during the
same period in 1852 amounted to 4,055 acres, which pro-
duced 2,7201. lls. Bd., and in 1853 to 16,444 acres,
which realised 12,0531. ss.
The " general statement" of the company's affairs, as
they stood on the 31st December last, exhibits on the
debtor side the sum of 432,7231., including capital re-
ceived from the proprietors (289,7371.), amount raised
on debentures (109,7001.), sundry debts (26,7471.), &c.
The credit side of the account shows the property in
London, viz.—cash at bankers', loan at interest, and
short bills, to be 13,5861. ; while the cash in the bank at
Canada, and sundry debts due there to them, are put
down at 19,1041. To these sums are added 82,2081. for
bills receivable, bearing interest at 6 per cent., and se-
cured by mortgage on the land, with the improvements ;
50,600/. for interest thereon ; 64,211/. for land leased
for 12 years at present value, with the arrear ; 36,3951.
for arrears of rent on land leased for ten years ; and
16,719/. expended on Goderich harbour and pier—
together, 248,0701. There is also added to this the sum
of 453,2871. for 617,782 acres of land, leased for 10
years at an annual rental of 24,7391., and which the
lessees are at liberty to purchase on payment of the
above sum ; and 280,700/. as the value of 668,334 acres
of undisposed of land—that is valuing it at 9s. 4d. per
acre. The result, therefore, gives an estimated surplus
of 562,920/. in favour of the company. The amount
paid by the company's lessee settlers in advance of the
term of lease for the purchase of the freeholds of the
land occupied by them has been 35,8011. on 52,778
acres. Of this sum 13,879/. was so paid, in the year
1852, on 19,993 acres. A retiring allowance of 4001.
per annum was voted to Mr. T. M. Jones, the com-
pany's Commissioner in Canada. This gentleman, whoso
salary was 7001. per annum, had been in the company's
service for 24 years. The retiring allowance is to be
paid as long as the directors think fit. A strong com-
plaint was made by one of the proprietors that sufficient
publicity had not been given to the proceedings of the
periodical meetings of the company.

THE FATAL BOILER EXPLOSION AT STOCKPORT.—The
inquest on the body of John Jackson, who was killed by
the late boiler explosion at Messrs. Fernley and Brad-
ley's, at Stockport, was resumed on Monday afternoon.
It had been adjourned in order to procure the opinion of
Mr. Nasmyth, as to the cause of the explosion ; but that
gentleman being from home, the coroner had called in
Mr. Roberts, of the late firm of Sharpe and Roberts, of
Manchester, who had made a careful examination of the
boiler. Mr. Roberts said some weights taken from
the safety-valve of the exploded boiler, with the spindle and valve, would cau togetherse a pres-
sure of 444 lbs. to the inch, and with those weights
en
451bthe safety-valve would blow off at a pressure of 44 lbs.
plosion was a want
to s., and no less. Re thought the cause of the ex-
of sufficient water in the boiler. He
was
sure of opinion that the boiler was quite safe at a pres-
of 451b5., and that it would not have burst at double
that pressure if the flues were covered with water. The
coroner, in summing up, remarked on the unsatisfactory
nature of the evidence, as to the manner in which the
safety-valve had been weighted, and also pointed out
the conflicting nature of, the evidence of Mr. Holcroft
and Mr. Roberts
scarcity of ,as the explosion being caused by a
water in the boiler. The jury found a ver-
dict of accidental death, and that the accident had been
caused by a scarcity of water in the boiler.
ANOTHER STRIKE OP AGRICULTURAL LABOURERS.—
On Monday last the agricultural labourers of Chipping-
warden, a village near Banbury, struck work, and re-
fused to accede to the wishes of their employers. The
men have b3en paid Bs. per week for working from 7
to half-past 5 o'clock. The masters required them from
Monday last to work from half-past 6to a quarter to 6,
for which they proposed to pay them 9s. per week, being
an advance of ls. The men refused the terms. They
had a meeting, and determined to hold out in a body.
HOAXING THE YEOMANRY.—The following hoax was
Played off on the Weston Zoyland troop of Somerset-
shire Yeomanry, the beginning of last week. Some
would-be-wit transmitted to the members of the corps
the following circular, :—" Bridgewater, March—Sir, -
The Bridgewater troop will meet to-morrow (Thursday)
morning, at half-past ten, when it is particularly re-
quested that every man will
punctually attend in full
marching order. There would have been more notice
given, but the news only reached Bridgewater this even-
inge
that Napoleon and his troops are already
in_ tll
Channel.—By order of Colonel Tynte, Bambric.P. 6.
Any roan's non-attendance will be at his peril." In Con-
sequence of the intimation several of the Yeomanry
much
annoyed the hoax was discovered, and they
returned
annoyed at the trick played on them, thonghi doubtless
greatly relieved at finding the alarm was a false one.—
Bath and Cheltenham Gazette.