The Sun.
London, England, 1846-03-26 00:00:00

LONDON and COUNTY ECONOMIC
INVESTMENT AND FAMILY ENDOWMENT

ASSOCIATION.

A public meeting Of this Association was held in the
theatre of the Western Literary Institution, Leicester-
square, on Tuesday evening.
FRANCIS W. WALESIIY, Esq., took the chair a few
minutes after eight o'clock, and proceeded to explain the
nature and objects of the Association. He gave the
meeting to understand that it was a building society,
founded under the Act 5 and 6 Wm. IV., on the model
of the Liverpool Barrow Building Society, to enable
mechanics, on terms level to their circumstances, to be-
come possessed of property in houses. He said the As-
sociation had existed for only two months, their first
public meeting having been held a fortnight ago in Pen-
tonville. They had resolved on holding another public
meeting that evening, in order to make their ex-
istence and their objects more widely known. After ad-
dressing the meeting: on the nature and well-founded
advantages of the Society generally, and having stated
that the Committee received no salary, and that the
Secretary was remunerated only in proportion to his ser-
vices, he called on
The SECRETARY, who stated that the maximum nutn-
ber of shares originally offered by the Society was 500,
and that 300 of these had been taken up during the last
fortnight. He then read a detailed prospectus, from
which the following extract will serve to show what the
objects and principles of the Society are:—
Each shareholder contributes 10s. 6d. per month, or 31s. 6d.
per quarter per share (and if he has a loan from the Associa-
tion, an additional 35., by way of redemption money), to the
general fund, until by such sub. criptions, with the profits de-
rived from premiums, lines, and other incidental sources, each
share shall have realised ie value of 120/., which it is an-
ticipated will be in ten years from the commencement, when.
the Association will be dissolved. If, however, the Associa-
tion should be as prosperous as is anticipated (which, of
course, mainly depends upon the exertions of the members),
the dissolution will take place at an earlier period.
To explain more fully and practically the beneficial and
profitable working of the Association, suppose, for example,
a shareholder is desirous to purchase the lease of the house
in which he resides, for which he is paying a rent of 30/. per
annum ; the ground-rent is 51. per annum, and the purchase-
money 2601.: the party has one share, and applies to the As-
sociation for an advance upon that and three additional
shares.
The shareholder will in ten years, at 10s. 6d. per
month upon one share, have paid in AIL, but
which, with interest and accutnalailons, will in
this Association then rettlie him
In consideration of "receiving his share imme-
diately, he is willing to allow a premium or de-
duction of

55 0 0

Leaving a sum to be paid to him of £65 0 0
His four shares will then produce him immediately 2601.,
being the sum above required.
On each of the four shares jie will have to pay
10s. 6d. per month, in all
With redemption money, 3s. per month

Making a total monthly payment of
The following statement will serve as an example to prove
that the borrower derives more advantage by means of this
Association (besides the convenience of repayment by easy
instalments), than by obtaining a loan in the ordinary way,
and paying 5/. per cent. for the same.
The value of a share will be ....
Discount for present cash

120 0 0
55 0 0

.£B5 0 0
Ten years' interest on ditto at five per cent.

£97 10

Yearly payment on one share 10s. 6d.'18 2 0
and 3s. per month
Multiplied by ten years.. lO-81 0 0

Balance in favour of the borrower on one share... £l6 10 0
The prospectus having been read, the Solicitor of the
Association explained the nature of the rules, and
answered several questions put by gentlemen in the
meeting.
It was then moved and carried unanimously, that this
meeting approves of the principles of this Association,
highly satisfied with the explanations which have been
afforded this evening ; and the meeting adjourned.

SPORTING INTELLIGENCE.
NORTHAMPTON AND PYTCHLEY HUNT RACES.
WEDNESDAY.
The Open Stakes of 10 soya. each, with 25 added. Winner
to be sold for 1504, &c. Once round and a distance.
(7 subs.)
Mr. W. H. Johnstone na Blind Hookey, aged, list 2lb 1
Mr. May's Crocus (late Miss Robinson), 6 yrs, Ilst
Mr. Parr's Jack Cade, 5 yrs, lOst 121 b
Mr. T. Dawson's Kiss me Quick, 4 yrs, lOst 51b
Lord G. Bentinck's Coal Black Rose, 5 yrs, lOst 121 b 5
Mr. Murphy's Venus, 4 yrs, lOst 51b 6
Even on Blind Hockey, and 5 to 2 agst Coal Black Rose.
Won by a neck.
The Althorp Stakes of 10 soya. each, with 30 added, for two
yrs old. Straight run in, about half a mile. (9 subs.)
Mr. R. Peel's Credential, Bst 41b . 1
Lord Spencer's Typhon, Bst 71b
The following also started :—Mr. G. Ongley's cby Game-
boy, out of Sister to Prizeflower, Bst 71b—Mr. John Day's
Madge Wildfire, Bst 41b—Mr. May's Honey Dear, Bst 41b—
and Colonel Ausou'a f by Jereed, out of Sweetmeat's dam,
Bst 41b.
Betting-6 to 4 agst Credential, and 4to 1 each agst Ty-
phon and Madge Wildfire. Won by a length.
The Northamptonshire Cup Stakes of 10 sovs. each; the
winner to be sold for 5001. Twice round. (19 Subs.)
Mr. Shelley's Maynooth, 4 yrs, Bst 91b ......(W. Abdale)
Lord G. Bentinck's Discord, aged, 9st 121 b
Mr. Worthington's Hooton, 6 yrs, 9st 121 b 3
Mr. S. Scott's Mosque, aged, 9st 121 b
Mr. Owen's Xanthus, 6 yrs, 9st 121 b 5
Mr. Cooke's What, 6 yrs, 9st 121 b
Lord Southampton nd Tractarian, 3 yrs, bat 71
Mr. F. Ongley's Fama, 6 yrs, 9st 101 b .......... 8
Betting-2 to 1 agst Discord-4 to 1 each agst Hotoon and
What, and sto 1 each agst Tractarian and Maynooth. Won
by two lengths
The Pytchley Stakes of 15 Boys. each, 10 ft., and 50 addedi
for 3 yrs old. One mile. (5 Subs.)
Mr. A. W. Hill's Burlesque, Bst glb (S. Darling) 1
Mr. G. Higgins's Redleg, aBst 21
stol on Burlesque. Won by eight lengths.
The beaten Handicap, of 5 soya. each, with 25 added,
once round and a dis. (7 subs.), was won by Tractarian, 6st,
beating Fairplay, 7st 61b, Fama, Bst 71b, Crocus, Bst 91b, Dr.
Husband, Bst 131 b, Redleg, Est 71b. and Muscatel, Est 41b.—
Betting-2 to 1 agst Muscatel (taken)-3 to 1 agst Dr.
Husband (taken)-4 to 1 agst Tractarian—and sto 1 agst.
Fama.
PONTEFRACT STEEPLE CHASE.—MONDAY.
Sweeps of 5 sovs. each, for 3 yrs old, 9st 71b ; 4 yrs, lOst 41b;
5 yrs, list 21b ; 6 yrs and aged, 12st. Three Miles.
(20 subs.)
Mr. Addison's Why Not, aged •.. 1
Mr. Nainby's Robin Hood, 5 yrs .. 2
Mr. Haigh's Mulatto, aged 3
Ten others started.
The Badsworth Hunt Cup of 201., added to a ;sweepstakes
of 3 soya. each. Three Miles. Won by Mr, Smallpages'a
Truck, beating Mr. Smith's Vanish and tb;:ee others.
The Flat Esc., for a sweepstakes 1;2 3 sovs. each. Two
Miles, (4 S.iabs.) Was wan in twc.; heats by Mr. Frankland's
Ptivick;aged, beating Mr. E. Smith's The Rail, Mr. Rams.,
bottom's Dudu, 4 yrs, and Mr. Duke's Lady Mary.

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CAPITAL PUNISHMENTS.
In reply to several correspondents, we give the follow-
ing list of all' the crimes declared capital by Act of Par-
liament. It is taken chiefly from an excellent work,
now in course of publication by Charles Knight, of
Ludgate-street, entitled Political Dictionary, which
forms a work of universal reference, both constitutional
and legal:—
"1. Treason.—This ineludes a number of offences, and
among others, ' compassing the death of the Sovereign, or
his Queen, or son or heir, or their eldest son or heir • violating
the King's companion (wife) during coverture, orthe'
King's
eldest daughter unmarried, or the wife of the King's eldest
son and heir ; levying war against the King in his realm in
order to compel him to change his measures or his counsels,
or in order to overawe the Parliament; bringing into the
realm Papal bulls, or other writings or instruments from the
See of Rome, or publishing such documents.
"2. Destroying ships of war, or her Majesty's arsenals,
dock-yards, naval, military, or victualling stores, or other
ammunition of war, &c. (12 Geo. 111., c. 24, s. 1.)
"3. Murder. (9 Geo. 111. c. 31, s. 3.)
4. Unnatural offences. (9 Geo. IV., c. 31, s. 15.)
"5. Attempts to murder by administering poison, or by
wounding, or by any other means where bodily injury dan-
gerous to life is caused. (7 Wm. IV., and 1 Vict. c. 85, s. 2.)
"6. Burglary, aggravated by striking an inmate. (7 Win.
IV., and 1 Viet., c. 86, s. 2.)
" 7. Robbery, aggravated by wounding the person robbed.
7 Wm. I V., and 1 Vict., c. 87, s. 2.)
"8. Piracy, aggravated by endangering the life of any
person on board the vessel in respect of which the piracy is
committed. (7 Wm. IV., anell Vict., c. 88, s. 4.)
"9. Setting fire to a dwelling house, any person being
therein. (7 Wm. IV., and 1 Vict., c. 89, s. 2.)
" 10. Destroying vessels with intent to murder, or whereby
human life is endangered. (7 Wm. IV., and 1 Vict., c. 89,
s. 4.)
" 11. Exhibiting false lights, &c., with intent to bring
ships into danger, or unlawfully doing anything tending t‘
the destruction of ships in distress. (7 Wm., and 1 Vict., o.
89, 5. 5.)

TWE NEW SCOTCH POOR-LAW.
The Court of Session have passed an act of sederunt,
to• regulate applications to the sheriff by poor persons
refused parochial relief—an outline of which we now
give :-
1. The application may be made either verbally or In
writing, and without the intervention of an agent.
2. The sheriff may, on consideration of the facts
ststed, at once refuse the application.
3. But if of opinion that the person is entitled to re-
lief, he shall order the inspector to afford interim relief,
and to lodge before a certain day a statement in writing
with the sheriff-clerk, showing the reasons of refusal.
4. The sheriff-clerk shall transmit through the Post-
office a certified copy of the order, and enter in the
minute•book the data of transmission.

5. If the statement is not lodged within the time ap-
pointed, the sheriff shall find the applicant entitled to re-
lief.

6. Where the statement is lodged, the sheriff shall
order it to be answered, and, if required, name an agent
for the applicant, and proceed, ;its in a process, to in-
vestigate the facts and pronounce judgment.
7. The sheriff, during the dependence, may order the
interim support to be continued or withdrawn.
8. The applicant shall be free of fees, but if ulti-
mately found entitled to expenses, such fees shall be
allowed, and he may be found liable in expenses to the,
inspector.

THE HERO OF I HUNDRED BROADSIDES.—It i'4 con-
templated to let the four sides of the hoarding-round th,,, Nelson
column to celebrated bill-stickers. Thus, one side will be leased to
Mr. Webster, another to Mr. Bunn, a third to Jullien, taad the fourth
will be shared by Moe Mos s, the Adelaide Gallery, Pat's Life Pills, and
the minor theatres. By these means it is calculated a sufficient stun
of money will be collected in less tht:a ten years to give the melan-
choly column a decent pedestal_ p„„h .
A SLIGHT ERR c" c' . OF THE PRESS.—A Nottingham
paper regrets " the by a typographical error last week, in noticing a
burglary at
1... r. Clarke's, Dutch's-yard, Newcastle-street, he was
describ.V as ' brother to Mr. Clarke, the well-known house-breaker;
wit....a of horse-breaker."
THEATRICAL INTELLIGENCE.—We understand a new
drama is being written for the "Industrious Fleas." They are to
appear after Tent Thumb, in a grand burlesque, to be called " The
Haunted Boarding-house, or the Demon Flea." Mieroicope* will he
kept on hirkiu the bons. —Punch.