The Sun.
London, England, 1841-11-20 00:00:00

SPORTSMEN should see DOUDNEY and
SON'S celebrated SHOOTING JACKETS, 10s. 6d.
and 215., and the largest and best Stock of every description
of Sportsmen's Clothing, at 49, Lombard-street. An immense
Stock of Taglionis and Great Coats, fashionably made, 18s.
and 21s.
Superfine dress coat XII 7 6
Do. frock do., silk facings 2 10 0
Morning dressing gowns 0 15 0
Army cloth blue Spanish eloak, 9a .
yards round 2 10 0
The new waterproof cloak 1 1 0
Buckskin trousers, 17s. to
Winter waistcoats, 7s. to
Scarlet huntinc, coats
Ladies' riding habits, 31. 3s. to 4 0 0
Suit of best liveries
Boy's camlet cloaks
Doudney and Son, 49, Lombard-street.—Established 1784.

AUTION.—The extraordinary demand for
N... 1 PARR'S LIFE PILLS has induced several shopkeep-
ers, of mean and dishonest principles, to try to impose on the
incautious various counterleits composed of the most per-
nicious ingredients, merely for the sake of reaping an extra
profit, totally regardless of the dreadful consequences which
must ensue.
ctb,,vve, that each Box of tha genuine medicine has pasted
round it the Government Stamp, in which is engraved these
words, Pi; RR'S LIFE PILLS, in white letters on a red
ground. -me other can be genuine.
In no instaCce has this invaluable medicine failed to effect a
perfect cure whore due patience and perseverance has been ex-
ercised. Read the following
EXTRAORDIYARY CASE OF CURE.—Testimonial
from M. John Jollit;e, Lancer Tavern, Old Haymarket, Liver-
pool " To the Proprietor of Parr's Life Pills.
" Gentlemen—l beg to tender my warmest thanks for the
great benefit I have derived from your invaluable medicine. I
had for several years been labonring under severe attacks of
illness, from difficulty of breathing, accompanied with ex-
eruciatin
g pains in the chest • and although I have been under
of
the care 9•
several eminent medical men, I could obtain no re-
lief. Your celebrated Pills have completely restored me to
health ; and I beg you will make this acknowledgment public,
for the benefit o?o-thers similarly afflicted. I shall be happy
to answer inquiries, either made personally, or by letter (post
paid), addfessed as above._l am, Gentlemen, yours respect-
fully,
" JOHN JOLIFFE.
::,thleB4alb.o'v' e Caution. Sold in Boxes at Is. lid.,
~,tugNuosttic 2,e 6
2s. 9d., and uYs., with full directions.
" The Life and Times of Old Parr," containing remarks on
Health, and the means of prolonging Life, 32 pages,
Anecdotes, Poetry, &e.,
owpfiitEsahel.aslEEeAn:gg:e.aaniv.Z:7, St. Paul's Churchyard, Wholesale Agent ;
may be had gratis
and sold by most respt'vtable Medicine Vendors.

reacili'
irr: -It,-1: il
rightC o.
NutfaGil
tuo.agßivneS7p
.---SCOTCI----I FUSILI..
crsons to know that a most ex-
thinking and humane p
respondent.)--It cannot
.inely► the married women
cellent plan is in force in .`hat fine regiment, the Royal
Scotch Fusilier Guards—Th. , .
fund,
which
the end of the year, when,
is allowed to accumulate to .
are encouraged to subscribe ..3d, a week to a
by the ladies of the officers .
$ -ei a ticket to double
co.'►t.ributing to the same
fund, the soldiers' wives are g
paid in, can go and the amount amount they have ticket is directed
to some approved tradesman, where ~
lect such goods as they most require.
weekly, signs the
(./ne of the ladies
receives the womens' subscriptions ,
tickets, and each parcel is delivered for
. ,0 e ,nan, ll'
before it is given to the women. The at, . r
more generally carried ou t would
her
.inspiectioni
t in other reginn n s,
an
recommend itself not only as an act of benevo.lence, /but
must tend to induce frugal habits both in the soldier
this family.
We are given to understand that the Dire:ltors
of the Grand Junction Railroad have, with a very be-
coming liberality, defrayed the travelling expenses, &c.•,
of those friend.s of the late Mr. Thomas Phillips IA ho
considered it their duty to repair to the spot where the
unfortunate and fatal accident took place, and who like-
wise attended the inquest. The expem.es of the removal
of the remains of the ill-fated genteman to the ter-
minus of the Birmingham Railway, at Easton-square,
have also bey defrayed by the Directors.
What weird of ten letteti can be spelled with
five ? Answer—X 1, DN C (expediency).

BRITISH IRON COMPANY.

The first half-yearly meeting of the Proprietors in the
British Iron Company took place yesterday at the London.
Tavern, Bishopsgate-street. The meeting was also
made special, for the purpose of taking into consid'en-
tien the Report of the Committee of Proprietors ap-
pointed by the general meeting held on the 24th June
last, in pursuance of the resolution passed at the general
meeting held on the 28th Sept last.
In consequence of- the Directors having received a
requisition, requiring them "to call, without delay, a
Special General Meeting of the Shareholders, at the
London Tavern, for the purpose of taking into consider-
ation the following resolution and confirming the same,
pursuant to the 31st Clause of the Deed of Settlement."
.‘ That the British Iron Company be and is hereby
dissolved,—and that a Committee of ten Proprietors be
chosen at this meeting to carry into effect the dissolu-
tion of the Company in •the manner most advantageous
to the interests of the Proprietors in general."
The meeting was also made special for the further
purpose of taking into consideration the above reso-
lutions:—

At one o'clock, the Chair was taken by Sir G. Lar-
pent, aad at that hour there was a full attendance of
Directors and Proprietors.
. . _ .

The requisition calling the meeting been read,
The CHAIRMAN proceeded to read the Report of the
Directors to the Proprietors at the present half-yearly
meeting, which, stated, that with regard to the operations
of the Company, the total quantity of pig iron manufac-
tured by the Company for the half-year ending
the 30th 'June, was 25,578 'tons ; of bar, rails, &c.
19,178 tons ; of stone, .coal,: 'and culm, 9,682 tons ;
and of coal, 29,589 tons. The total .reccipts from Wales
and Staffordshire were 7,1741., and deducting expenditure
of various sorts, there remained a balance of 2711. 14s.
The Report then went at some length into the -affairs of
the Company, and recommended the immediate payment
of calls by the Shareholders in arrear,• as otherwise legal
proceedings would be instituted against them.
The cHAIRMAN said it would be necessary to remind
the Proprietors that the present meeting was also made
special, to take into consideration the Report of the Com-
mittee with regard to the dissolution of the Company.
That Report had been printed and circulated among the
Proprietors, and it would be perhaps unnecessary to
read it again. Whether it would be the pleasure of the
Proprietors or not to act upon that Report, the
Directors were anxious that the subject should
undergo full and ample discussion. They only.wanted
such a full expression of the opinion of the Proprietors
as should guide the Directors in their future operations.
Let them but know what the sentiment of the majority
of the Shareholders was, and they would be ready to act
upon it. The Report which he had just read gave the
meeting a full and fair view of the proceedings of the
Company, as far as they could be ascertained; and it now
rested with the meeting to say what course should be
adopted.
Major RICHARDSON wished that there should be no
misunderstanding or mistake about the matter, and as
the present was a half-yearly general meeting as well as
a special meeting, he wished, before the half-yearly
meeting was disposed of, to put some questions, and to
move certain resolutions.

The CHAIRMAN wished to state that the Directors had
no intention whatever to blink any question, or interfere
with any resolution that might be put forward. They
had given all the proceedings and operations of the
Company, as far as they could be ascertained in so large
an undertaking, and they were there now to have the
opinion of the Proprietors, and abide by it.
Major RICHARDSON would state what he intended to
do with regard to 'the general meeting. They had heard
the Report of the Directors, and a long statement of
figures and opinions, and he defied any individual who
had heard theta hastily read over to form a fair and un-
prejudiced opinion. He should, therefore, move that the
Report and statement of accounts be printed and circu-
lated among the Subscribers, and that the meeting be
adjourned for a fortnight, in order to give them time to
examine them fully.—(Hear, hear.) That would be his
first resolution, and he should then deal with the ques-
tion of the dissolution of the Company. He would ob-
serve that, foreseeing what would happen, the united
Shareholders bad written to request these accounts to
be printed and circulated a week before the present
meeting, but they had mat with a courteous but firm refu-
sal. He should now move his resolution.
The resolution having been seconded by another
Shareholder,
The CHAIRMAN said he had not the slightest wish
that they should not have the fullest information before
them, but spoke for their own interest when he
pointed out the impropriety of having their accounts
printed and publicly discussed. He did not wish to de-
prive them of seeing every paper and document that
might be required; but it was for them to say whether
it would be for the credit and respectability of a large
manufacturing and commercial concern like theirs, that
so unusual a proceeding as printing and circulating their
accounts should be adopted. He could assure them that
these objections did not arise from any wish to prevent
their seeing any document that might be necessary to
enable them to come to a proper decision.
A PROPRIETOR wished to know whether, in the event
of the resolution of adjournment being carried, it was
the intention of Major Richardson to proceed with the
question of the dissolution of the Company?
Major RICHARDSON said his motion of adjournment
merely referred to the report and accounts.
A PuoPRIETort thought that would be a very inconve-
nient and improper course.
The CHAIRMAN said, if further time was required the
whole of the questions before them ought to be ad-
journed. It would be unfair to postpone the considera-
tion of the accounts, and then to discuss the question of
the dissolution of the Company.
Mr. RICARDO thought they should take the proceed-
ings in their regular course, and if the Chairman would
allow him he would take the liberty of moving a reso-
lution.

The CHAIRMAN said there was a resolution already
before him, but Mr. Ricardo might move his as, an
amendment.

• Mr. RICARDO—Then he would move his resolu-
tion as an amendment ; but he would frankly avow that
his resolution applied to the special meeting.—(" That
won't do.") It was absolutely necessary that something
should be done. These constant and irritating meetings
were most irregular, and depreciated the character of
the Company. The parties who were opposed to the
best interests of the Company were not in a position to
vote upon any motion—they had not paid up their
calls, and, by their conduct, only harrassed those
who had honestly done so. It was absolutely ne-
cessary that they should come to some distinct
resolution which should be carried into full effect. The
pi oceedings of the United Shareholders were almost dis-
graceful.—(llear, hear.) They put forth statements that
were wholly untrue.—(Uproar.)
The CHAIRMAN—ReaIIy if order is not maintained, I
will throw myself upon the Proprietary and. adjourn the
meting.
Mr. RicAuDo—There was hesitation or indisposition
on the part of the Directors to dissolve the Association,
but how could it be done at once by a Com-
pany with engagements to the amount of 50,0001.? It
was easy for those who had not paid up their
instalments to cry out for an immediate dissolution, but
in the position of the Company it was absurd—it was
an impossibility, and could not be fulfilled. He would
move as an amendment, " That it is the opinion of this
Meeting that in the present distressed state of the iron
trade, it would be most injurious to the Proprietors (if
not absolutely impracticable), to dispose of the several
works of the Company, and that it is essential to main-
tain them in a state of efficiency, and to preserve the
large and valuable trade connected with them; but that,
subject to the above paramount considerations, it is also
the decided opinion of this meeting that all the future
operations should be conducted with a view to the dis-
posal of the works, and the ultimate dissolution of the
Company. That, as in the meantime the only means of
meeting the promissary notes of the Company is by pay-
ment of those calls for which every Shareholder is
morally and legally responsible and on the faith of
which they were issued, the Directors be required to
continue to take the most active measures for enforcing
payment of the calls from such Proprietors as have made
default, and that a Committee be appointed to co-ope-
rate with the Directors in carrying out the resolution.
Mr. "Wmunisoic said the question was a most im-
portant one, and he would demand a ballot upon it.
Mr. GIBBS seconded the motion for a ballot.
Mr. TAYLOR—Who has the right to vote upon a
ballot.
The CHAIRMAN read a clause in the deed by which
it appeared no person could vote unless he had paid up
all calls that had been made. _

Mr. TAYLOR—Then it was a most complicated ques-
tion. There were some Proprietors who came from the
Stock Exchange, where they had bought their shares
for half-a-crown. There were others who had paid up
all their calls to the' amount of 701. per share. There
were others who had paid up all the calls but the last ;
were they also to be excluded ?
Mr. FuEsimELD-,Certainly.
Mr. TAYLOR—That was rather hard, for many had
paid up all the former calls upon the assurance that the
Directors had full power to enforce the payment of the
calls from the refractory Shareholders. In that opinion
many of them had been shaken, and, therefore, they had
not paid up the last call. It was hard that they should
be excluded from voting.

The CHAIRMAN—T 6 Directors felt upon this ques-
tion the same as the Proprietary. The late solicitors to
the Company had been well intended, and the advice
given by them was proved to be good by the proceedings
which had taken place at Croydon. There the party sued
had given way and paid the calls. Ile would call upon
Mr. Freshtield, the solicitor, to state in what position the
pending actions stood.'
11r.FRESIIFIELD—At the last meeting he had held
the situation of Solicitor to the Company only a few
days ; since then he had male himself acquainted with
the deed, and he had further fortified himself with the
opinion of Sir Wm. Follett—(hear, hear)—and he now
said that there was no doubt of the legal liability of every
Shareholder to pay all the calls made upon him. In the ac-
tions pending the time for pleading expired early in this
month, but the defendants had asked for further time,
and it had been given them ; but he did not think they
ever would plead. •
Major RicHAßnsoN-2Yes, we will. The pleas are
ready.
A SBAREIJOLDER—Were the Proprietors then in the
room to be' excluded from voting?