The Sun.
London, England, 1870-07-19 00:00:00

Six ran.
CLAIMING PLATE.

Royal Arms
I Remo C
Kenmore....

2

Eleven ran.
HINCHINGBROOK STAKES.

Hopbine.....
Baquidhar..
Echo ...... .

Three ran.
MEMBERS' PLATE.

~.... 1

Far Away .
Timothy
Blacklock •• •••

Five ran.

ADDITIONAL ARRIVALS.
Bonnie Katie, Echo, Van Amburgh, Violet, Cymbal,
Defamation f, and Christabelle,

CITY BETTING—THIS DAY,
GOODWOOD STAKKS.
100 to 15 agst Capitaliste (taken and offered)
100 to 12 agst John Davis (offered)
10 to 1 agst Sweet Sound (offered)
20 to 1 agst Paganini (taken)
GOODWOOD CUP.
60 to 40 agst Sabinus (offered)
9to 2 agst Pero Gomez (offered)
sto 1 agst Musket (offered)9
7to 1 agst Siderolite (offered)
100 to 3 agst Chawbacon (offered)
Very little doing.

WIMBLEDON MEETING--THIS DAY.

ine volunteers were astir early tins morning, tor to-clay
is the day of the meeting, and, before the last gun is fired,
the champion shot of the kingdom for the year, who will
be a winner of the Queen's Prize of £250, will be
known. The weather is everything that can be desired,
for the great event, and there is scarcely a breath of air
stirring—certainly not sufficient to in any way affect the
shooting. Precisely at 8.45 Lord Elcho, Captain Mild-
may, and Captain Costin appeared upon the ground, and
the order was given for the sixty entitled to compete for the
Queen's to fall in. Theirnames were then called over, and
they were told off into squads of nine each. There were,
however, several absentees, and they just saved being dis-
qualified by putting in an appearance before the others
Were marched to their targets.
A question having been put as to the use of cleaning
rods for loading purposes, Capt. Costin said the ramrods
should be used, and Lord Elcho said it was better to keep
within the regulations, and there could be no mistake if
the ordinary ramrods were used. He advised every one
to look to their triggers, ,•••(1 said the Council were very
anxious to put every man on an equality. What
they desired was that every man should have the
trigger of his rifle tested before he went to the target, so
that whenever the officer wisued to test it, whether, before,
during, or after the couzest, it might be found
correct. A question had been asked whether, if a
trigger was wrong when the firing point was reached,
time would be given for it to be rectified. The reply was
no, for if they had to wait about for this purpose they
might never get through the work. The rifles were served
out to them in a perfect state, and they had the respon-
sibility of taking them to the firing point in
the same condition. With regard to flash pans, he
strongly advised their removal. They never knew what
objection a captious person might raise, and it was far
better to use the rifles as they had been served out to
them, and conduct their firing according to the general
regulations. Then they were certain to be upon the safe
side,
The volunteers were then marched off to their respective
targets, and the shootigg commenced, watched with much
interest by a considerable company who gathered round
the competitors at the various firing points.
In addition to the Queen's, there is also proceeding the
Army Prizes, Ist stage, at 500 and 600 yards • the Ash-
burton Shield (public schools match), at 200 andsoo yards;
the Spencer Cup, competed for by the highest from each.
school ; the third series extra prizes (any rifle) ; the con-
tinuation of the Oaks • the Nawab of Bengal's Prize ; the
Licensed Victuallers' Prize, &c. Besides the pool and
running deer targets the list contains no less than fourteen
events, many of which conclude to-night.
The volunteers are gradually taking their departure
from camp, and, althougL there are large numbers still
left to compete for the prizes, the diminution is very
perceptible.
The Princess of Teck, it is stated, will present the
Prizes to the successful competitors on Saturday.
The barometer this morning stands at 30.198 ; the
maximum temperature is 114 degrees, temperature in the
shade 76 degrees, and minimum temperature during the
rieht 56 decrees.

THE IRRIGATION COMPANY OF FRANCE.

THE VICE-CHANCELLOR'S JUDGMENT.

Vice-Chancellor Sir Richard Malins delivered judgment
this morning in the matter of the petition presented by
Mr. Fox, of Newport, Monmouthshire, for the compulsory
winding-up of the above company, and the removal of Mr.
T. Cave, M.P. for Barnstaple, and Mr. A. Young as
liquidators.

Ris Honour, having explained the nature of the
petition, remarked that the object of the company
vas the acquisition of a concession granted by the
Imperial Government of France for the con-
struction and working of certain canals for
irrigation within the empire, for which purpose a capital
of £BOO,OOO was to be raised in forty thousand shares of
£2O each. Among other things the article of assignment
gave the directors power to constitute the company a
French organisation, if they thought fit so to do. The
Cetition alleged that the company was brought out of the
redit Foncier and Mobilier of England ; and oomplained
that £90,000 was improperly paid for the concession for
the construction of one of the irrigation canals;
that very large sums of money and securities
were secretly, improperly, and in fraud on the shareholders,
retained amongst the directors of the Credit Foncier ; and
that a large portion of the eight thousand shares stated to
have been subscribed by the company were merely colour-
able payments, and were eventually recouped. It was
clear that neither the present directors of the Irrigation
Company nor the liquidators under the voluntary winding
up were implicated in the transaction ; and, therefore, he
had no power of affording the petitioner any redress. It
must, however, be observed that the petitioner was him-
self one of two auditors appointed in 1866, and that in
that year, as well as 1867 and 1868, he audited the
accounts, and had, therefore, ample opportunity of de-
tecting the discrepancies of which he now complained. If
the company had proceeded strictly, the property would have
been sold, but if that had been done, he (theVice-Chancellor)
was assured that a great advantage would have been given
to the French shareholders, whilst the petitioner and his
fellow English shareholders would not have had a
farthing. In all mercantile concerns the interests of the
great majority must be attended to, and the court should
be slow to sanction such proceedings as were contem-
plated by the petition at the instigation of an insignifi-
cant majority. He was satisfied that nothing more
injurious could be done than complying with
the three first prayers in the petition. If the
Petitioner's case had been good in other respects, a
fatal blot would have been delay ; but he (the Vice-
Chancellor) thought the petitioner was entitled to have an
inquiry instituted, either in Chambers or by arbitration,
as to the value of his 300 shares, and to be paid the amount
out of the fund in court. The hostility with which the
proceedings had been conducted, and the fact that the
charges of fraud had been wholly unsustained, would
have fully justified him in dismissing the petition
with costs; yet considering that it had been
induced by the erroneous course pursued by the
directors in refusing to pay the petitioner the value of his
interest, he thought tne justness of the case would be met
by dismissing the petition without costs as to the first
three prayers. Although no language could be sufficiently
expressive of the conduct of the old directors, it was only
fair to Mr. Moore, of the Credit Fonder, to say that
the charges against him were entirely unfounded.
Mr. Cave had also been unfairly treated as to
the manner in which he had been interrogated by
counsel. That was an additional proof of the hostile
feeling actuating the petitioner, and it was only right to
say that he was convinced that Mr. Cave, who had at-
tained the high social position of a member of Parliament,
returned to this country to answer the inquiries which
were made of him at the earliest possible moment.
It is stated as being probable that the judgment of the
Vice-Chancellor will be appealed from.

Among the fragments of our Metropolitan
Gossip the other day, we inadvertently included a
wholely groundless rumour, to the effect that Lord
Lytton was about to commence a new serial story in
Blackwood's Magazine. We only wish the statement had
the smallest foundation.

THE WAR.
(CENTRAL PRESS TELEGRAMS.)
HESSE JOINS PRUSSIA.
PARIS, July 18.

The Envoy of Hesse-Darmstadt at this Court has been
ordered by his Government to demand his passports. Ho
will do this immediately, and proceed home on the 20th.
THE FRENCH FLEET.

Viscount de Borelli, accompanied by his secretary and
suite, arrived at Hull last night, and sailed this morning
for Copenhagen in the Danish steamer Phoenix. From
Copenhagen the Viscount will proceed to Stockholm to
join the French fleet, of which it is expected he will
assume the command.

THE LAST STRUGGLE FOR PEACE.
PARIS, July 18, 9.30 P.M.

Diplomacy is making a final effort for the presevation of
peace by appealing to the Protocol of 1856, but success is
hopeless. On the demand of the Spanish Ambassador,
Don Carlos leaves France immediately.
The 62nd Regiment of the Line has left Paris by the
Eastern Railway. Great crowds assembled at the stations
and numerous presents of cigars, tobacco, and money were
made to the soldiers. More regiments leave to-night
and to-morrow. The Zouaves of the Guard have left, and
part of the cavalry from Versailles.
The garrisons of Southern France are concentrating at
Bordeaux, Toulouse, and Agen, those of Central France
at Anjers and Le Mans, and are to be forwarded north-
wards by fast trains.
It is stated that Baron A. de Rothschild has resigned
his post of Prussian Consul-General in Paris. A paper
says that he previously went to Ems to solicit an audience
of the King of Prussia, and that it was refused him.