The Sun.
London, England, 1870-02-02 00:00:00

DEATH OF LADY ELPHINSTONE.

The death is announced this morning of Lady
Elphinstone, the mother of Sir James Elphinstone,
Bart., M.P., at the age of 88. Her ladyship was
the widow of Sir Robert Dalrymple Horn Elphiu-
stone, the first baronet, who died in 1848, and the
daughter of the late Colonel David Ilepbron, of
Keith Marischal, East Lothian. The death is also
announced this morning of the Countess Antoinette,
only daughter of the late Count John and the Lady
Jernima Bentinck, at the age of 84.

A CHALLENGE TO THE FRENCH
WRES ULE RS.

The celebrated wrestler; W. Jameson, of Penrith,
has sent a challenge to the French lletteurs for a
stake of £2OO a side, the test to be the best of fiv e
falls, viz., two in each style, and a toss for the de-
ciding fall. Whether the plucky challenge will be
accepted remains to be seen.

2HE UNITED LAND C0MP.4217 Y (LIMII El))

MEETING THIS DAY.

At the annual meeting of the shareholders, held
this afternoon at the Norfolk-street Offices, after
the advertisement convening the meeting had been
read by the Secretary (Mr. C. L. Gruneisen), the
following report of the directors was submitted :-..
In pursuance of the special resolution passed et the ex-
traordinary general meeting of the shareholders of the
United Land Company (Limited), on the 31st of March,
1869, and confirmed on the 20th of April, 1869, giving
power to the directors to hold the annual meeting in the
month of February in each year, and theaccounts to be
made up to the 31st December in each year, the Board
have much pleasure in submitting their report as to the
operations during the past financial year ending DeCoin ber
31st, 1869, together with the balance-sheet of the income
and expenditure, and of the liabilities and assets for the
same period.
Tho directors must premise that the last statement of
accounts laid before the shareholders at the meeting of the
31st of March, 1869, extended from the Ist of April, 1868,
to the 20th of March, 1869. The present balance-sheet,
therefore, dates from the 21st of March to the 31st of last
December, a period of only nine months.
Since the last annual report, the following eligible
estates have been purchased by the company : —l. Sheer-
ness, No. 2. 2. Harrow Road and Kilburn. 3. Hammer-
smith. 4. Portsmouth, No. '2.
The following are the dates of the sales by allotment
and l,y auction since March, 1869 :-1. Kingsthorpe,
Nerthampton, sale by auction, May 14, 1869. 2. Hollo-
way, sale by auction, May 20, 1869. 3. Wellingborough,
sale by auction, May 31, 1869. 4. Willesden, sale by auc-
tion, June 24, 1869. 5. Fulham Fields, allotment, June 30,
1869. 6. Stafford, sale by auction, July 3, 1869. 7. Forest
Gate, No. 3, sale by auction, July 8, 1869. 8. Holloway,
sale by auction, July 8, 1869. 9. Brighton, sale by auction,
July 22, 1869. 10. Worcester, sale by auction, Sept. 14,
1869. 11. Malvern Link, sale by auction, Sept. 14, 1869.
12. West Malvern, sale by auction, Sept. 14, 1869. 13.
Portsmouth, No. 2, public met ting and allotment, Oct. 20,
1869. 14. West Hill, Putney Heath, Wandsworth, public
meeting and allotment, Oct. 22, 1869. 15. Hammersmith,
allotment, Oct. 27, 1869. 16. Sheerness, Ne. 2, public
meeting and allotment, Oct. '27, 1869.
The Harrow Road anti Kilburn Estate and the second
portion of the Welliughorough Estate will be offered for
sale early in the spring. The works on the last-men-
tioned property aro progressing, and the roads on the Kil-
burn Estate will be commenced so soon as the plans and
specifications have been approved by the Metropolitan and
Local Board of Works,

The annexed summary of plots sold on estates iu vari-
ous counties shows the extended range of business done
and large amount of land sold during the three quarters:—
Brighton, Sussex, £249; Clapham Junction, Mid Surrey,
£7,210; Deal, East Kent, £152; Edgware-road, Middlesex,
£5,405; Enfield, Middlesex, £250; Forest Gate, South
Essex, £209 ; Fulham, Middlesex, £1,961 ; Hammer-
smith, Middlesex, £3,368; Holloway, Middlesex, £1,674;
Malvern Link, West Worcester, £lBB ; Northampton,
Northamptonshire, £267; New Ferry (opposite Liver-
pool), Cheshire, £504 ; Oxford,.Oxfordshire, £75 ; Putney,
No. 5, East Surrey, £212 ; Portsmouth, No. 1, Hants,
.£10,559 ; Portsmouth, No. 2, Hants, £2,655 ; Red Hill,
Mid Surrey, £400; Roehamptou, East Surrey, £144; San-
down, No. 2, Isle of Wight, £42 ; Stafford, South Stafford-
shire, £320; Sheerness, East Kent, £506; Tunbridge
Wells, West Kent, £45; Willesden, bliddlesex, £1,007;
West Hill, 'Wandsworth, East Surrey, £2,767 12s. 3d. ;
Wellingborough, Northamptonshire, £6,.153; Wood G teen,
Middlesex, £lBO. Total sale of land from March 21 to
December 31st, 1869, as per balance sheet, 4:47,005,
12s. 3d.
The estates referred to in the balance-sheet remain at the
net cost, plus only the proportion of the outlay of the
works, redemption of tithe, &c., on the plots in hand, the
other expenses of every kind having been charged to the
profit and loss account.
The directors have much satisfaction in announcing to
tho shareholders that, after clearing off the current work-
ing outlay and writing off the sum of £750 from the pre-
liminary expenses, and providing for every charge against
revenue, including the interest of 5 per cent. fixed for calls
paid in advance, they are enabled to declare a dividend on
the called-up capital at the rate of 5 per cont. per annum,
free of income tax, for the five months ending the 31st of
December, 1869 (the four months to July 31st having been
already paid by the interim dividend declared on the 26th
of July, 1869); and, in addition, a bonus at the rate of 5
per cent. per annum for the ninc, months ending the 31st of
December, 1869. _ _

The shareholders therefore will be paid a total dividend
of 10 per cent. per annum ; leaving a balance to be carried
over to the next year's profit and loss account.

The first issue of 10,000 shares having been all taken
up, the directors have announced a second issue of
10,000 shares, without premium, When the whole of the
shares of this second issue are taken up, the directors
cannot undertake to pledge themselves, as regards any
further issue of shares, that they shall be offered at par.
The. directors retiring by rotation are Viscount Rane-
lagb, N. W. J. Strode, Esq., and Newnham Winstanley,
Esq., all of whom are eligible for re-election, and offer
themselves accordingly.

The auditors, Messrs. Johnstone, Cooper, Wintle, and
Evans, accountants and public auditors, of 3,6sleman-street
Buildings, E.C., also retire, and being eligible for re-elec-
tion tender their services for the ensuing year.
The success of the past year is an incentive to future
exertion. It is indeed satisfactory for the directors to be
in a position to record the profitable results of the opera-
tions of the company from the date of registration (March
list, 1868) to tha present period.—By or der of the Board,
CHARLES LEWIS GRUNEISEN, Secretary.
I LEFT SITTING. I

DISS STEEPLECHASES.—AII signs of the frost
having disappeared this little Norfolk meeting will take
place to-morrow (Thursday), and we learn by telegraph
that the course is in fine condition, so there is every pro-
spect of a good meeting. Of the five races set for decision
two have closed, while the Selling Chase of 300 sovs, and
the Local Hunters' Plate of 40 sovs remain opeu till sown
o'clock this evening-, and a handicap for beaten horses will
close immediately after the last race.
NOMENCLATURE.—The following names have been
given to two year olds in Mr. S. W. Reeves's stable :
Bay colt, by Lord of the Isles out of Lord Chatham's dam,
Robert Bruce ; brown coil) by Wild Dayrell, darn 1:y
Flatcatcher, "bleary ; brown filly, by Saunterer, out of
Actress (dam by Columbine), flarlequina ; cheseut filly,
by Parmesan out of Pat 's darn, Cheesecake ; bay filly,
(sister to Gamos), by Saunterer, out of Bess Lyon,
Loadetar.

NEW MATCH FOR S:2oo.—An intoresling match
will come off on Tuesday, May the 92d, between Mr. R.
Stobb's br h Festivity, by the Cure, 5 yrs, and Mr. R.
Wright's Palefaee, by the D 0 4 -yrs, 7st each, over the
P.C., on 14ewcast1:3 Moor, for .1:100 aside. The raco
will tzko place at two o'clock in the afternoon, an Mr.
W.}.3lakey is to officiate.

'WELLINGTON MINT STEEPLE CHASES.—These
steeple chases, which are looked forward to every year by
the population of the mining districts surrounding Wel-
lington, in West Durham, have Wen fixed to take place on
Monday, April 25.
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