The Sun.
London, England, 1824-12-20 00:00:00

SCOTTISH WOOL-STAPLING COMPANY.

AMEET' NG of the INTERIM COMMIT.
TEE of the above Company, aided by several G entle-
mew interested in the Undertaking, was held at Edinburgh, on
the 29th November, 1824. •
SIR WA ',TER SCOTT, BART., in the Chair.
When the following Resolutions were unanimously adopted :
/it, That the numerous and highly respectable List of Sub-
scribers for Shares in the proposed Company, submitted to this
Meeting, is a certain Pledge of its ultimate success, and its
Iproving highly beneficial to the partners and the country at
arge.

2d, That in order to give efficiency and stability to the Com-
pany, the proposed Capital shall be increased from 200,000/. as
originally contemplated, to HALF A 111 ILLION, in 20,000
Shares of 251. each, of which no Individual or Company shall
be capable of holding more than WO Shares.
3d, That the affairs of the Company shall be managed by a
Committee of Directors, to be chosen by a general Meeting of
Subscribers, to be held at Edinburgh, so soon as One-Halt of
the proposed Capital has been subscribed.
4th, That an Act of Parliament for Incorporating the Com,
pang shall be applied for, declaring, litter die, that the Sub
scribers shall form a Body politic and corporate, who shall only
be bound to the Extent of their respective Shares; and that as
by the standing Orders of the House of Lords, it is required,
that Three-Fourths of the Capital shall be invested in Govern-
ment Securities, in the Name of Trustees, before the Bill
can be read a second time in that House, the Subscribers must
be prepared to invest Three-Fourths of their Subscriptions,
on or before the Ist of 111 arch, 1825. These Investments to
be returned in case of such an Act not being obtained ; a
Result, however, of which the probability is not contemplated.
Gth, That in order to defray the necessary Expeuees of ap-
plying for the Act of Parliament, and other interim Charges, a
Deposit of Five Shillings per Share shall be made by each
Share-Holder, and that no Person shall be responsible beyond
such Deposit until such an Act of Parliament as 'above-men-
tioned is obtained.

6th, That as it is greatly for the Interest of the Farmers in
the pastoral Districts of Scotland, and also of the Cloth Mann-
titeturers, that such a Company should be established, they be
invited to take Shares in the Concern, and thus to become more
particu interested in its prosperity. '-
7th,That those Persons who have already subscribed upon
the Understanding, that the Capital was to be £200,000, be
now permitted to withdraw their names, provided they do so
within a fortnight from this date- after which time they shall
be held as acceding to the New Scheme of the CoMpany.
Bth, That 1:108,088 of the Capital be reserved for One Month
front this (late, to enable Persons at a distance, or those out of
the Country, to become Share-Holders.
oth, That the Interim Ctnnmittee of Management 'consist of
the following Persons :
Lord Balgray.
Sir James Montgomery, of Stanhope, Burt. M. P.
Sir James Al. Riddell, of Ardnamurchan, Bart.
Sir Walter Scott, of Abbotsford, Bart.
Robert Downie, Esq. of Appin,
J. J. Hope Johnston, Eq. of Annandale.
Coin Mackenzie, Esq. of Portmore.
Alex. Maclean, Esq. of Ardgour.
Hector Al. Buchanan, Esq. of Drumakiln.
A. N. Macleod, Eq. of Harris.
John Borthwick. Eq. Younger, of Crookston.
Juba Spottiswoode, Esq. of Spottiswoode.
Colin Mackenzie, Esq. of Kilroy.
W. Trotter, _Esq. of ttallindean.
Wm. Mackenzie, Esq. 11'riter to the Sig net.
• Charles Cuningham, Esq. Writer to the Signet.
Norman Lockhart, Esq. Writer to the Signet.
John Mowbray, Esq. Writer to the Signet.
John Tweedie, Esq. Writer to the Signet.
Donald Horne E. Writer to the Signet.
Thomas Blackwood,iq Eq. Merchant.
Wm. Blackwood, EM. Merchant.
Wm. Mowbray, Esq. Merchant, Leith.
Robert Mowbray, EM. Merchant, Leith.
The Committee, in calling the attention of the Public to the
preceding Resolutions, judge it proper to add, that the Esta-
blishment of extensive Woollen Manufactures in various Parts
of Scotland is the natural consequence of the Measure now
proposed ; and if it should be necessary or expedient to en-
courage such Establishments by the example of the proposed
Company, in entering on such an undertaking on their own
account, their extensive Capital will also enable them, while
I the IntenNts of the Share-holders will, in such event, direct
them to do w.

. . _
Applications for Shares to be left with Matthew N. Mac-
&maid, W. S. 29, Great King-streets Messrs. Thomas Kin-
near and Sons, Hankers, Royal Exchange; or with Messrs.
1441 and Cargill, 6, North St. Andrew's-street, Edinburgh.
M. N. MACDONALD,
Dec. 1, 1824. Interim Secretary.